About Litecoin
Litecoin is a peer-to-peer cryptocurrency and open-source blockchain built for fast, low-cost payments. It works much like Bitcoin, letting people send value directly without a central intermediary. Charlie Lee, a former Google engineer, created it from Bitcoin's codebase and launched the network on October 13, 2011. Litecoin uses proof of work with the Scrypt algorithm and targets a new block every 2.5 minutes, faster than Bitcoin. Its supply is capped at 84 million coins, and the mining reward halves about every 840,000 blocks to slow new issuance over time.
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A sourced map of Litecoin's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Litecoin and the wider market, hosted by our team, will appear here once episodes are live.