Litecoin was created in 2011 (as the third cryptocurrency, the second was Namecoin) as Bitcoin’s fork by Charlie Lee. LTC is based on the BTC protocol, but with another algorithm. The Litecoin Network (Lightning Network) has a block time amounting to 2.5 minutes, so 4 times fewer than Bitcoin Network. So transfers are faster, but it is less secure. On 19th December 2017, Litecoin had its own ATH (All-Time High price), which was equal to 375 USD.
Read news about Litecoin:
- Parabolic rally ‘a real possibility’ after Ethereum price surges to $547Cointelegraph.com News - 19 hours agoTraders expect Ethereum price to move higher after the altcoin secured a new 2020 high at $547 today.
- BTC record in sight, ETH rallies, Uniswap disaster: Hodler’s Digest, Nov. 16–21Cointelegraph.com News - 23 hours agoThe best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph…
- Price analysis 11/20: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSVCointelegraph.com News - 1 day agoBitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.
- Ether wallet addresses with at least 1 ETH hit record highCointelegraph.com News - 2 days agoEther wallet addresses record-breaking metrics could bode well for the cryptocurrency’s “network effects.”
- SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud caseCointelegraph.com News - 2 days agoThe SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent…