Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater number of transactions to be processed by the network in a given time, reducing potential bottlenecks.

Type
Private
HQ
US
Founded
2011
Size (employees)
8 (est)-11%
Litecoin was founded in 2011
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Key People/Management at Litecoin

Charlie Lee

Charlie Lee

Creator

Litecoin Financials and Metrics

Summary Metrics

Founding Date

2011

Cryptocurrency

Litecoin (LTC)
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Litecoin News and Updates

Crypto Currency Market to Witness Huge Growth by 2023

An extensive analysis of the Korea Crypto Currency market strategy of the leading companies in the precision of import/export consumption, supply and demand figures, cost, price, revenue and gross margins. Posted via Industry Today. Follow us on Twitter @IndustryToday

CRYPTO INSIDER: Litecoin's founder regrets selling when he did

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Charlie Lee, the founder of litecoin has hinted that he has some regrets about selling his entire holding shortly b…

Litecoin surges after being added to a Korean crypto exchange

Litecoin gained more than 8% Tuesday, outpacing the meager gains in other major cryptocurrencies, after Korean exchange Korbit said it would support the token starting Wednesday. Charlie Lee, who founded litecoin as a faster alternative to the flagship bitcoin in 2013, tweeted that he would person…

Litecoin is trying to issue debit cards again

The Litecoin Foundation partnered with TenX, a startup cryptocurrency payment platform, to try offering debit cards. This is the Litecoin Foundation’s second foray into plastic after a largely hyped up but failed venture last month when its payment processor LitePay ceased operations. “TenX re…
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