About Litecoin

information


What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Community

Find support across a growing number of Litecoin communities:

    Litecoin Forums
    Litecoin Telegram
    Reddit Litecoin
    Search for Users on Twitter
    IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers).

Resources

Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki.
Up-to-date network statistics can be found at Litecoin Block Explorer Charts.
Source code for Litecoin Core and related projects are available on GitHub.
Open Source Software

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Blockchain

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet Encryption

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending litecoins.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Mining Reward

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).
The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

What is Litecoin?

Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011.

The silver to Bitcoins gold.

Bitcoins little brother that doesnt get out much.

These are just a few of the things you might hear being tossed around when talking about Litecoin. At a first glance, Litecoin doesnt garner much respect as a top 10 market cap cryptocurrency.

However, once you get into the weeds, Litecoin presents an extremely useful and interesting application of the original Bitcoin blockchain.

For all the flak Litecoin gets, its easy to overlook what it actually is, and what functions it serves.
The Low-Down on Litecoin

Litecoin was founded by former Google employee Charlie Lee. It was one of the first forks of the Bitcoin core client. It was proposed as a solution to some of the bottlenecks and scalability issues with Bitcoin, most notably the number of transactions that could be processed within a given time.

The edge Litecoin has over Bitcoin is that the payment transaction costs are extremely low, and it is capable of facilitating payments around 4x as fast.

Litecoin originally started gathering attention during its explosive growth in November 2013, where it saw a near 15x spike in price. This jump in price, however, was short-lived and Litecoin hovered around the $4 per LTC range for about two years. It wasnt until May 2017 that it started to pick up steam again during a time where generally all cryptocurrencies experienced massive growth.

Our reserves

the available quantity

7064.04 USD
11650.66 USD
8471.01 USD
6275.79 USD
9860.85 USD
25.4028 BTC
37.9927 BCH
1444.4163 ETH
400.5588 DASH
482.37581 LTC
8851.7548 USD
8800.96 USD
5275.99 USD
8028.83 USD
6690.31 USD
11235.82 EUR

If there is not enough reserve, please contact us in the online chat.

Why us?

Our service provides exchange services, purchase / sale of Bitcoin cryptocurrency with WU or Perfect Money, Payeer, WiredPay, AdvCash, Ethereum. You can buy / sell Bitcoin from any country in the world. We work with WU and with Perfect MoneyPayeer, WiredPay, AdvCash, Ethereum in other countries.

Our system works in semi-automatic mode. You only need to fill out the form on an exchange in the right direction and follow the instructions in the request.

Our service is constantly evolving, and soon we will provide you with more variety of services in the field of e-commerce.

If you have any questions, you can find an answer in the FAQ section or contact us online (on the right). You can also ask your question via the feedback form on the Contact page.

We work with:

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Ethereum