Litecoin (LTC) icon

Litecoin (LTC) price to USD & live value of today

Litecoin (LTC) live price in US dollar (USD). View statistics about today's value, market cap and supply.

$ 43.28
-0.20%
$

DBY value statistics

Price to USD $ 0.001021
Price to BTC 0.000000114 BTC
Rank 4,047
24h volume $ 1,294 Low volume
Market cap $ 0
All-time high $ 0.4265 on 2/25/2020

Supply information

64.80 million LTC
Details
Total supply 64.80 million LTC
There are no burned, team or smart contract locked balances to subtract.
Circulating supply 64.80 million LTC
100%
Circulating supply 64.80 million LTC
Total supply 64.80 million LTC

What is Litecoin

Litecoin is a peer-to-peer decentralized digital currency with an instant, near zero-cost payment service to peers across the world. It features a faster transaction confirmation status, along with a refined storage competency. The average block mining speed in Litecoin is 2.5 minutes, compared to bitcoin’s 10 minutes.

The goal of Litecoin
Litecoin wants to provide a more decentralized mining network, faster transaction processing times, lower transaction fees and less scarcity. The price of each litecoin is cheaper than bitcoin, and transactions are easier, because there are more Litecoins that can be created by mining. Litecoin is often referred to ‘silver’, whilst Bitcoin is compared with ‘gold.’

Who started Litecoin
In October 2011, litecoin was released via an open-source client on GitHub. (A client is a piece of software that accesses a service made available by a server.) It is basically a fork of the Bitcoin Core client. Charlie Lee is the managing director of the Litecoin Foundation. He’s an ex-Google employee who had the vision to create a lighter version of Bitcoin.

Visit litecoin.org External site
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