Litecoin

    OverviewSuggest Edit

    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.

    TypePrivate
    Founded2011
    HQMA, USMap
    Websitelitecoin.com

    Recent NewsAll News

    Latest Updates

    Employees (est.) (Jun 2021)23(+5%)
    Cybersecurity ratingAMore

    Key People/Management at Litecoin

    Charlie Lee

    Charlie Lee

    Creator

    Litecoin Office Locations

    Litecoin has an office in
    Show all (1)

    Litecoin Financials and Metrics

    Summary Metrics

    Founding Date

    		2011

    Cryptocurrency

    		Litecoin (LTC)
    Show all financial metrics

    Litecoin Cybersecurity Score

    Cybersecurity ratingPremium dataset

    A

    93/100

    Learn more about our premium products
    SecurityScorecard logo

    Litecoin Online and Social Media Presence

    Litecoin's Trends

    Embed Graph

    Litecoin News and Updates

    June 18, 2021

    Recent IRS Memorandum Reaffirms Bitcoin, Ether & Litecoin Exchanges Are Not Like-Kind

    IRS reaffirms that crypto-to-crypto trades (BTC, ETH & LTC) are not eligible for the like-kind of exchange treatment.
    May 06, 2021

    Cloudbet Opens Dogecoin Casino And Adds Litecoin

    LONDON, May 6, 2021 /PRNewswire/ -- Cloudbet has introduced Dogecoin and Litecoin on its site after the two coins drew the most votes in a recent survey of almost 10,000 customers about which new currencies to add. "The people have spoken," Cloudbet spokesperson Camilla Wright saaid. "We...
    April 09, 2021

    BlockFi Litecoin Trust Announces Prospective Abandonment of Its Interests in Certain Incidental Assets

    April 05, 2021

    Litecoin Creator Charlie Lee Joins BTCS as New Independent Director

    Former Coinbase Director of Engineering joins as Company’s third independent director
    March 31, 2021

    XBT Provider AB (Publ) Announces Settlement Amounts for Expiring Litecoin & XRP Certificates

    STOCKHOLM, Sweden, 31 March 2021 -- XBT Provider AB (Publ) (“XBT Provider”) part of the CoinShares Group, wishes to announce the Settlement Amounts for Litecoin Tracker One, Litecoin Tracker Euro, XRP Tracker One, XRP Tracker Euro, as calculated by the Issuer’s Calculation Agent on the Final Fixing…
    February 25, 2021

    Ebang International to Launch Litecoin and Dogecoin Mining Business

    HANGZHOU, China, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today held a board meeting and passed a resolution (the “Resolution”) to launch a Litecoin and Dogecoin mining bu…
    Show more

    Litecoin Blogs

    June 20, 2021

    Bitmain Release new L7 Mining ASIC.

    Speaking at an event in Chengdu, China on June 19th, Bitmain, the largest supplier of specialised ASIC cryptocurrency mining hardware, announced the release of its new L7 Scrypt based mining hardware. ​Colin Wu a Journalist at the event reported the new L7 purports to have a hash rate of 9500MH/s …
    June 05, 2021

    Litecoin MimbleWimble May Recap + Update

    This update was written and provided by Litecoin MimbleWimble lead developer David Burkett. ​--------​ Coding & Testing We’ve made the following significant improvements to the code over this past month: Unified the build process to support existing release strategies. We originally…
    May 28, 2021

    New ATH - $28Bn+ Daily Value Sent Over Litecoin Network.

    Last week Litecoin saw the largest $USD value transfer over its network in its almost 10 year history, totalling $28,105,552,197 or Å�91,083,228, more litecoin than will ever exist according to data provided by Blockchair. This value eclipses the prior largest day printed on the 21st of December in…
    May 19, 2021

    Bloodbath as Fear Grips Crypto Markets.

    The crypto markets collectively lost ~$1.2Tn in the space of a couple weeks leading to the largest retracement in 2021 valuations and potentially the best opportunities historically speaking to buy. Is the Bull Market over? Whilst what we have just witnessed was quite extraordinary in terms of dra…
    April 25, 2021

    Litecoin Hits New ATH Market Capitalization

    Litecoin has just surpassed another milestone as the network continues to rapidly grow following an influx of new capital into the market. As trading got underway last week, Litecoin saw a peak price of ~$320 equating to an overall network valuation of $21.44Bn, surpassing the 2017 frenzy of $19.18B…
    April 24, 2021

    CoinShares Launches The First Litecoin ETP

    CoinShares, a London based asset manager has launched a new physically backed Litecoin exchange-traded product (ETP) on the Swiss SIX exchange. The CoinShares Physical Litecoin (LITE) is available for institutional investors to trade in US dollars, euros, or Swiss francs. Each LITE share will be bac…
    Show more

     Litecoin Frequently Asked Questions

    • When was Litecoin founded?

      Litecoin was founded in 2011.

    • Who are Litecoin key executives?

      Litecoin's key executives are Charlie Lee.

    • How many employees does Litecoin have?

      Litecoin has 23 employees.

    • Who are Litecoin competitors?

      Competitors of Litecoin include MobileCoin, NEO and IOTA.

    • Where are Litecoin offices?

      Litecoin has an office in.

    • How many offices does Litecoin have?

      Litecoin has 1 office.