Found 2 Articles for Litecoin

There are a lot of people who are familiar with Bitcoin, but more recently, people have learned that there are also a lot of other cryptocurrencies. One of the cryptocurrencies that emerged in the wake of Bitcoin is called Litecoin. In fact, Litecoin was developed so that it could be utilised alongside Bitcoin.Transactions involving cryptocurrencies are encrypted through the use of algorithms. The information regarding transactions is added to the blockchain whenever a transaction takes place. The participants in the network are able to generate more blocks for rewards and to regulate the transactions without the intervention of a centralised ... Read More

Just like our fiat currency, we have dozens of cryptocurrencies which are ruling the digital world now. Litecoin is created based on an open source cryptographic protocol and was started in October 2011 as an early bitcoin spinoff. It is a decentralized money, free from censorship and used to send secure payments digitally.According to the market capitalization, LiteCoin is the third largest cryptocurrency after BitCoin and XRP, and like other cryptocurrencies, Litecoins does not allow transactions in US Dollars. They conduct transactions in Litecoin units.The total number of Litecoins that can ever be mined is capped at 84 million. The ... Read More