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what does litecoin do

Last Updated on May 30, 2023 by Paganoto

Litecoin (LTC) Definition – Investopedia

Litecoin (LTC) Definition – Investopedia

Litecoin is a peer-to-peer (P2P) virtual currency, which means it is not governed by a central authority. Litecoin's network offers instant, near-zero cost payments that can be conducted by individuals or institutions across the globe.

Litecoin (LTC) Definition – Investopedia

Litecoin (LTC) Definition – Investopedia

Litecoin (LTC) is a cryptocurrency created from a fork in the Bitcoin blockchain in 2011. It was initially designed to address the developer’s concerns that …

What Is Litecoin? How Does It Work? – Forbes

What Is Litecoin? How Does It Work? – Forbes

As its name suggests, Litecoin was originally created to improve several of Bitcoin’s perceived shortcomings, such as slow transaction …

What is litecoin? – CMC Markets

What is litecoin? – CMC Markets

Like bitcoin, litecoin is a form of digital money. Utilising blockchain technology, litecoin can be used to transfer funds directly between individuals or …

What Is Litecoin? – The Motley Fool

What Is Litecoin? – The Motley Fool

Litecoin is a digital currency that is decentralized, meaning that it functions without relying on any centralized financial institution. Litecoin uses …

What is Litecoin: A beginners guide to LTC and how it works

What is Litecoin: A beginners guide to LTC and how it works

While Litecoin was launched with the goal of being the digital “silver,” just like BTC, it’s a blockchain-based peer-to-peer (P2P) cryptocurrency that was …

What is Litecoin & How Does it Work? – SoFi

What is Litecoin & How Does it Work? – SoFi

Litecoin (LTC) is a cryptocurrency created in 2011 by former Google engineer Charlie Lee. It was one of the first “altcoins” — or …

Litecoin – Wikipedia

Litecoin – Wikipedia

Litecoin (LTC or Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin …

What is Litecoin (LTC)? | Kraken

What is Litecoin (LTC)? | Kraken

The two main differences are that Litecoin aims to finalize transactions faster and that it uses a different mining algorithm. On Litecoin, new blocks are added …

Litecoin (LTC) Definition, Current Price and How It Works

Litecoin (LTC) Definition, Current Price and How It Works

Litecoin is a cryptocurrency that emerged more than a decade ago as one of the first alternatives to Bitcoin. Like Bitcoin, Litecoin was …