Litecoin Worth | LTC Worth Index and Dwell Chart — CoinDesk 20

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Litecoin is a cryptocurrency launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create Litecoin, Lee copied the Bitcoin codebase, elevated the entire provide, and altered the velocity at which new blocks are added to the blockchain. Solely roughly 84 million litecoins will ever be created, quadruple the entire bitcoin provide. Litecoin additionally creates new blocks each 2.5 minutes, 4 instances sooner than Bitcoin. The Litecoin investor and developer communities view the protocol as a complementary pseudo-testnet for Bitcoin and a “digital silver” to Bitcoin’s “digital gold”. The Litecoin basis stewards the Litecoin challenge and funds Litecoin Core growth. CoinDesk additionally supplies a collection of institutional-grade value indexes. Discover out extra about them right here.

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