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Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. [4] [5] In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
While Litecoin may be up only 42% this year, it could have a much more impressive performance in 2025. As its name suggests, Litecoin is a "lite" version of Bitcoin (CRYPTO: BTC).
Crypto asset manager XRP exchange-traded fund, joining a long list of companies applying for crypto ETFs to take advantage of the Trump Administration’s friendlier Bitcoin’s lesser-known relative.
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
Balchunas believes the combined Bitcoin-Ethereum ETF will happen first, Litecoin next because it was created as a fork of Bitcoin in 2011, Hedera, and then XRP and Solana. Balchunas believes XRP ...
For example, Litecoin aims to process a block every 2.5 minutes, rather than bitcoin's 10 minutes which allows Litecoin to confirm transactions faster than bitcoin. [19] Another example is Ethereum , which has smart contract functionality that allows decentralized applications to be run on its blockchain. [ 44 ]
When she was a member of Congress in Hawaii’s 2nd congressional district, she disclosed that she owned between $1,000 and $15,000 of ether and litecoin as of December 2017, according to a public ...
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