Litecoin is a peer-to-peer cryptocurrency and open-source software project released in 2011, often referred to as “digital silver” in contrast to Bitcoin’s “digital gold.” It was designed to have faster block generation times and a different hashing algorithm compared to Bitcoin. LTC aims to be a more accessible and efficient cryptocurrency for everyday transactions, maintaining a strong focus on speed and lower fees.
What is Litecoin (LTC)?
Discover the key facts about Litecoin (LTC).
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Looking for more resources?
Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more
6 Types of Cryptocurrency and How to Donate Them The Giving Block accepts more than 80 types of cryptocurrency that donors can use to support nonprofits and charities in a variety of ways. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
