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# 12th
foxyrating
4/5 8
The litecoin is the fourth most capitalized currency in the world after the Ripple.
This cryptocurrency was launched on 7 October 2011 and designed by Charles Lee. The litecoin is based on the code of Bitcoin, it is they have the same operation at some point near: the transaction confirmation time is shorter and the protocol is different.
Protocol: Scrypt
Time block: 2 min 30 (1 = confirmation)
Mining Gain: 25 LTC / block
Mining gain reduction? Yes, halving (gain / 2 every 4 years) (halving next: August 23, 2019)
This cryptocurrency was launched on 7 October 2011 and designed by Charles Lee. The litecoin is based on the code of Bitcoin, it is they have the same operation at some point near: the transaction confirmation time is shorter and the protocol is different.
Protocol: Scrypt
Time block: 2 min 30 (1 = confirmation)
Mining Gain: 25 LTC / block
Mining gain reduction? Yes, halving (gain / 2 every 4 years) (halving next: August 23, 2019)
| Market capitalsation | > 1 000 M$ |
| Language | international, english, french, german, spanish, portugese, italian, russian, arabic |
| Market Price | |
| Monitored since | 2427 days |
| Accepted countries | All |
| They use LiteCoin (LTC) |
4
8 Opinions on 8 comments
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| Edit. : 15/07/2021 8:48:40
| Edit. : 15/07/2021 8:48:40
BTC > ETH > LTC
Great Stable Coin
Great Stable Coin
Really good cryptocurrency.
One of the best cryptocurrency in the market and gaining more popularity with the time.
The Silver to BTC's Gold.
