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?
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How to Calculate and Give Zakat with Crypto Donations To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. 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
