What is Litecoin?
Litecoin (LTC) claimed the status of silver (compared to Bitcoin’s gold status). It works very similar to Bitcoin and differs mainly in parameters such as hashing algorithm (scrypt), coin supply limit (84 million) and average blocktime(2.5 minutes).
Litecoin was launched in 2011 by former Google engineer Charlie Lee, in order to enable CPU mining at a time when GPUs took over as Bitcoin’s primary mining driver. However people later managed to port Scrypt over to GPU as well as ASICs, yet tecoin has still managed to remain mostly in top 10 cyptocurrency list (ordered by market capitalization).
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- r/litecoin
- Prosecutors link Roman Storm to DPRK hackers in trial opening statementsCointelegraph.com News – 10 minutes agoThe Tornado Cash co-founder’s legal team argued he “had nothing to do” with hackers using the crypto mixing service as his criminal trial kicked off.…
- Ether holding $3K opens door to 1,100% ‘vertical phase’ rally: AnalystCointelegraph.com News – 24 minutes agoEther reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally. Key takeaways:Ether is outperforming Bitcoin this week, with the…
- Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entryCointelegraph.com News – 51 minutes agoBig banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation. JPMorgan Chase, the largest bank in…
- Crypto-backed group gathers $141M funding to influence US electionsCointelegraph.com News – 1 hour agoFairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC…
- Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?Cointelegraph.com News – 1 hour agoRising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000. Key takeaways:June CPI data showed rising headline and…
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