Litecoin LTC Price, Charts, Market Cap & Metrics Info - LiveCointrackers

Litecoin LTC Price, Charts, Market Cap & Metrics Info - LiveCointrackers

Litecoin (LTC) CryptoRank 6
Website r/Litecoin (LTC)
84000000 LTC

Litecoin (LTC)
Litecoin
LTC Values LTC

Litecoin (LTC) valuesUSD Price
$55.17

Litecoin (LTC) BTC Price
0.0067

Litecoin (LTC) 24h Vol
2.64 B

Litecoin (LTC) Market Cap
3.50 B

Litecoin (LTC) Circulating
63,475,879

24h Vol
321,492 BTC
1 Hr
-0.30 %
24 Hr
-3.24 %
7 Day
-3.94 %
Today Litecoin (LTC) price in US dollars is currently $55.17 USD, and if converted to Bitcoin is 0.0067 BTC. Litecoin (LTC) prices are currently changing by -3.24 % , with total coins in circulation totaling 426,930 coins . Over the past 24 hours, 2.64 B US dollars Litecoin (LTC) has been traded on Crypto Exchanges with 556 total market cap pairs. Get Litecoin (LTC) progress by adding it to your favorites and creating a free portfolio if you wish.
Full Name
Litecoin (LTC)
Start Date
N/A
Algorithm
Scrypt
Proof Type
PoW
Litecoin (LTC) Block NumberBlock Number
1685213
Litecoin (LTC) Block TimeBlock Time
150
Litecoin (LTC) Block RewardBlock Reward
12
Total Mined
63,475,879 LTC
Max Supply
84,000,000
Litecoin (LTC) Net Hashes Net Hashes
423,913,280,555,206.81 H/s
LTC Charts

Litecoin (LTC) Price Charts

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Description

Litecoin (LTC) Description

Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.

The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.

In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.

Technology

Litecoin (LTC) Technology

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

Features

Litecoin (LTC) Features

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.

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.

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.

Analysis

Litecoin (LTC) Analysis

Quick Stats
Litecoin Rank 6
Litecoin Price $55.17
Litecoin Price (BTC) ฿ 0.0067
24h Vol$ 2,636,999,727
Market Cap$ 3,501,844,533
1h
-0.30 %
24h -3.24 %
7d
-3.94 %
Coin Details
NameLitecoin (LTC)
SymbolLTC
Start Date -
Total Mined 63,039,243
Previous Mined 63,039,221
Net Hashes 423,913,280,555,207
Algorithm Scrypt
Proof Type PoW
White Paper -
Top Coins
NamePrice24h
1. BTC $8,202.38 -1.92 %
2. ETH $180.51 -3.16 %
3. XRP $0.29 -2.13 %
4. USDT $1.00 -0.13 %
5. BCH $224.86 -1.02 %
Top Gainers
NamePrice24h
2030. PLACO $0.000018 993.44 %
1027. PWR $0.000060 545.90 %
1519. HUR $0.00033 456.04 %
1857. CCN $0.000009 383.94 %
1573. DATP $0.0000060 358.33 %
Top Losers
NamePrice24h
1840. LINX $0.00041 -90.00 %
1817. NRP $0.0000020 -86.42 %
1409. RMT $0.00027 -86.36 %
2311. DRA $0.00016 -79.58 %
1691. CRAD $0.0026 -77.33 %
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