Cryptocurrencies » Litecoin (LTC)
About Litecoin (LTC)
Litecoin is a peer-to-peer cryptocurrency that was created to improve verification time for blockchain transactions. Litecoin is often compared to Bitcoin, as they share similar attributes. Like Bitcoin, Litecoin is designed to have a limited supply of LTC mined (84 million, versus Bitcoin’s 21 million). It also shares a common form of mining (proof-of-work) that allows anyone to mine Litecoin and add blocks to its blockchain. Litecoin boasts faster transaction speeds than Bitcoin.
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