What is Litecoin (LTC)?
Litecoin (LTC) is one of the most traded cryptocurrencies and was released in 2011, two years after Bitcoin. Whereas Bitcoin is often compared to gold, Litecoin is seen as silver. The technology of Litecoin is based on that of Bitcoin. And Litecoin has gone through rapid growth since early 2017.
How can I use Litecoin?
Litecoin can be used to pay for products and services. Being one of the most prominent cryptocurrencies in the world, an increasing number of companies have started accepting Litecoin payments. The mission of Litecoin’s founders is to create a cryptocurrency that can be used for small daily transactions, both online and offline.
Who founded Litecoin?
Litecoin was invented by Charlie Lee, a San Francisco-based entrepreneur and former Google employee. Lee envisioned a coin that could be used on a day-to-day basis, whereas he saw Bitcoin as more of a savings vehicle.
Lee still works on Litecoin full time, although he sold his own LTC to avoid any suspicions of a conflict of interest and to create more transparency about his role in the development of Litecoin.
Being a highly visible figure in the cryptocurrency market, this has helped Litecoin gain popularity all over the world.
Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report - CoinDesk
'Different Type of Shakeout' — Trader Says Bitcoin Unlikely to Hit $6
New Research Shows Bitcoin-Denominated Payments Still a 'Fantasy'
Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies
Court Documents Reveal More Possible Investors in Telegram's $1.7B ICO - CoinDesk
Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend
Bitcoin Eyes $8.8K After Largely Erasing Last Week's Dip - CoinDesk
Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks - CoinDesk
What Impact Would a Ripple IPO Have on XRP Price?
Bitcoin's Halving Captures Growing Interest – Among Google Searchers - CoinDesk
How Coronavirus Outbreak in China Could Weigh on Crypto Prices - CoinDesk
Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again
Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities - CoinDesk
Bitcoin Price Blitzes the $8.5K Resistance as Bulls Target $8.8K
Telegram Attacks Apple, Musk on Crypto, WEF Debrief: Hodler's Digest, Jan 20–26
Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ
What Are Lightning Wallets Doing to Help Onboard New Users?
Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims