A coin made by a Google engineer in his spare time, still running after more than ten years?
First, what it is: Litecoin uses the Scrypt proof-of-work algorithm and targets a block time of about 2.5 minutes, one quarter of Bitcoin’s.
Why it’s designed this way: Litecoin was originally adapted from Bitcoin’s code. The main changes were a shorter block time, a different mining algorithm, and a larger total supply.
The total supply cap of $LTC is 84 million coins, exactly four times Bitcoin’s.
Understanding how it works can help you make a more informed decision—not predict market movements.
#LTC
You’re responsible for your own risk; this is just a discussion.
First, what it is: Litecoin uses the Scrypt proof-of-work algorithm and targets a block time of about 2.5 minutes, one quarter of Bitcoin’s.
Why it’s designed this way: Litecoin was originally adapted from Bitcoin’s code. The main changes were a shorter block time, a different mining algorithm, and a larger total supply.
The total supply cap of $LTC is 84 million coins, exactly four times Bitcoin’s.
Understanding how it works can help you make a more informed decision—not predict market movements.
#LTC
You’re responsible for your own risk; this is just a discussion.