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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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| About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2009
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Founding Date
2011
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| Country |
Country
International
|
Country
International
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Not Public
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Team
Public
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| Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
97190.6803
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Current price (USD)
101.2351
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| All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
375.2900
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| Price change (24h) |
Price change (24h)
-0.14
|
Price change (24h)
0.58
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| Volume (24h) |
Volume (24h)
2769975506.08760
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Volume (24h)
42431109.41395
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| Hashrate |
Hashrate
93000000000
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Hashrate
165730
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| Max Supply |
Max Supply
21000000.00000
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Max Supply
84000000.00000
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
19799387.00000
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Circulating Supply
75332576.98347
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| Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
56
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| Transaction fee |
Transaction fee
1
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Transaction fee
No data
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| Mining profitability |
Mining profitability
low
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Mining profitability
low
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| Algorithm |
Algorithm
SHA-256
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Algorithm
Scrypt
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| Proof type |
Proof type
PoW
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Proof type
PoW
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
65464957.99676
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| Is trading |
Is trading
yes
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Is trading
yes
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| Block reward |
Block reward
6.250000000000
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Block reward
12.500000000000
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| Block time |
Block time
600
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Block time
150
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Bitcoin (BTC) user rating is 2, based on 2 user reviews. Litecoin (LTC) user rating is 5, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
