About Litecoin


What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Community

Find support across a growing number of Litecoin communities:

    Litecoin Forums
    Litecoin Telegram
    Reddit Litecoin
    Search for Users on Twitter
    IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers).

Resources

Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki.
Up-to-date network statistics can be found at Litecoin Block Explorer Charts.
Source code for Litecoin Core and related projects are available on GitHub.
Open Source Software

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Blockchain

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet Encryption

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending litecoins.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Mining Reward

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).
The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

What is Litecoin?

Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011.

The silver to Bitcoins gold.

Bitcoins little brother that doesnt get out much.

These are just a few of the things you might hear being tossed around when talking about Litecoin. At a first glance, Litecoin doesnt garner much respect as a top 10 market cap cryptocurrency.

However, once you get into the weeds, Litecoin presents an extremely useful and interesting application of the original Bitcoin blockchain.

For all the flak Litecoin gets, its easy to overlook what it actually is, and what functions it serves.
The Low-Down on Litecoin

Litecoin was founded by former Google employee Charlie Lee. It was one of the first forks of the Bitcoin core client. It was proposed as a solution to some of the bottlenecks and scalability issues with Bitcoin, most notably the number of transactions that could be processed within a given time.

The edge Litecoin has over Bitcoin is that the payment transaction costs are extremely low, and it is capable of facilitating payments around 4x as fast.

Litecoin originally started gathering attention during its explosive growth in November 2013, where it saw a near 15x spike in price. This jump in price, however, was short-lived and Litecoin hovered around the $4 per LTC range for about two years. It wasnt until May 2017 that it started to pick up steam again during a time where generally all cryptocurrencies experienced massive growth.

Exchange Service is a top World e-currency exchanger. Our company has been in the market of financial service since 2015. Our success is based on individual and fair approach. Our services are faster, better and trustworthy. Try our services, and see for yourself that we are indeed better. No hidden fees, the lowest rates, maximum reliability, helpful support, and up-to-date information about the state of your order. We are certified partners of the payment systems Perfect Money, AdvCash and Payeer. Also we provide Bitcoin, Ethereum, Litecoin, Dash, BitcoinCash funding service.
Our service provide purchasing codes of exchangers EXMO and withdrawal. You can deposit money to your EXMO account or withdraw money from it to Western Union or Money Gram easy and quickly. We provide services of purchasing by cash (via money transfers - Western Union, Money Gram.)

Reserves

14056.15 USD 
VisaMasterCard
15974.5 EUR 
Bank Transfer
21675.7364 TUSD 
Tether
5454.16 USD 
Payeer
8857.91 USD 
AdvCash
12501.66 USD 
Perfect Money
7623.7 USD 
WiredPay
20.7983 BTC 
Bitcoin
1367.208 ETH 
Ethereum
24587.4572 XRP 
Ripple
14053.7251 ETC 
Ethereum Classic
16234.88 USD 
Exmo
18493.32 USD 
WebMoney
13189.67 USD 
PayPal
12803.25 USD 
Skrill
433.59511 LTC 
Litecoin
50703.2357 XEM 
NEM
308.5272 NEO 
NEO
149.1388 ZEC 
ZCash
1824252.6097 DOGE 
Dogecoin