Litecoin (LTC) logo
Litecoin (LTC) logo

Litecoin (LTC) Price and Reviews

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Country: International
Launched: 2011
Site: litecoin.org
Market cap: $ 12,785,476,091.81
Supply: 68,772,396.73347
Price (USD): $ 186.91
Volume 24h: $ 69,915,614.7616
Change 24h: 0.31%
Algorithm: Scrypt
Proof type: PoW
Total supply: 84,000,000.0
Total coins mined: 65,464,958.99676
Is trading: yes
Block reward: 13.5
Block time: 150.0
Expert Review
May 22, 2020

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm. Litecoin was created in order to fix some known issues Bitcoin has. For instance, Litecoin performs faster transactions and it is more efficient storage-wise. Litecoin was used for successful tests of Lightning Network— an innovation that is aimed to improve the long-time problem of cryptocurrencies — low transactions speed.

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Our Score
Transaction speed 4 / 5
Technology 3 / 5
Security 4 / 5
Investment potential 3 / 5
Reputation 3 / 5
Our Score
3.4 / 5

pros

Open-source Network

Decentralized

Transactions Fees

cons

Has some branding issues

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User reviews
Chad 20 May, 6:59 AM
5.0

Cheaper and faster transactions then BTC. Loads of potential

CJLee 20 October 2019, 1:55 PM
5.0

I am a LTC fan. It's cheaper and faster to use than BTC. I also believe there is plenty of growth potential in its current price. A+ coin.

Orizwedanta 3 October 2019, 5:32 AM
5.0

Good coins, easy to earn

Country: International
Launched: 2011
Site: litecoin.org
Market cap: $ 12,785,476,091.81
Supply: 68,772,396.73347
Price (USD): $ 186.91
Volume 24h: $ 69,915,614.7616
Change 24h: 0.31%
Algorithm: Scrypt
Proof type: PoW
Total supply: 84,000,000.0
Total coins mined: 65,464,958.99676
Is trading: yes
Block reward: 13.5
Block time: 150.0