Litecoin price: $84.7255 USD (2.49%) | LTC price | Litecoin live price chart | Litecoin price today, exchanges, market capital, circulating supply, values, Litecoin current price, latest price, current updated price, Litecoin (LTC) rate, Litecoin (LTC) value, LTC/USD, LTC/BTC. price today

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Litecoin (LTC) Price

$84.7255 0.0114218 BTC | 2.49%
1 hour -0.1%
24 hours 2.49%
7 days 10.24%
Market Cap
$4,872,370,000
Volume (24h)
$248,585,000
Add To Portfolio Add To Favourite
Circulating Supply
57,507,700 LTC
Total Supply
57,507,700 LTC
Max Supply
84,000,000 LTC

The Litecoin (LTC) price is $84.7255. It has a current circulating supply of 57,507,700 LTC coins and a Market Cap of $4,872,370,000. Litecoin (LTC)'s price is up by (2.49%) today. $248,585,000 worth of Litecoin (LTC) has been traded in the past 24 hours. You can follow Litecoin (LTC)'s progress by adding it to your favourites and creating a free portfolio if you wish.

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Algorithm Scrypt
Start Date N/A
Chat
BlockRR. 50%
Network H/s 1.0622211455943E+14
Mineable No
Token No
Website
Explorer Explorer
Proof Type PoW
Twitter N/A
DifficultyAdj. 2016 blocks
BlockNo. 1351264
Block Reward 25
Coin No
Wallet Wallet Wallet
Message Board

Introduction

Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.

The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.

In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.

Features

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.

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.

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.

Technology

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

Litecoin Trading Data

Litecoin Price USD Market Cap Circulating Supply Maximum Supply Volume (24h) %(1h) %(24h) %(7d)
$84.7255 $4,872,370,000 57,507,700 LTC 84,000,000 LTC $248,585,000 -0.1% 2.49% 10.24%