Litecoin — the Silver to Bitcoin’s Gold (Part I)

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4 years ago

I plan to breakdown Litecoin into few part and decided this one as part want to make easier for you to understand Litecoin in more depth. In this part I will include form its perspective, development history and current status. Without taking so much time of you let’s get into the introduction.

Introduction To Litecoin LTC

Litecoin was created by Charlie Li, a former Google employee, who devoted himself in a quest to fulfill his vision of creating a lighter version of Bitcoin BTC. Technically, Litecoin nearly resembles Bitcoin.

Akin to bitcoin, creation, and transform of Litecoin is based on an open source cryptographic protocol and is not managed by central authority. The Litecoin network is scheduled to produce 84 million LTCc, which is 4 times as many currency units as Bitcoin, with the corrent circulation supply satand at 61,276,211 LTC>

Litecoin’s Chronicle of milestones

*Litecoin was released via an open source client on Githun on OCT, 2011.

*On Aug,26 2015, the litecoin block rewar halved for the first time, with the Litcoin output per block reducing from 50 to 25.

*On july 3rd, 2016 the Litcoin Association that advocates for Litecoin, teamed up with the Litecoin’s core development team and released a roadmap 2016 outlining its plan for future.

*On june,12 2017, Charlie Lee announced that Lightning Network of Litecoin Was officially launched.

Litecoin LTC leverages the underlying values of Blockchain infrastructures and enjoys deep liquidity in crypto market. Also, the number of litecoin AM’s has seen exponential growth lately and now stands second only to Bitcoin globally.

Litecoin LTC Status

More atricle about Litecoin are coming stay update......If you like article aboout crypto give this an up-vote and if you aren't subscribed yet do subscribe and help me to create more content for you.

Leave a comment i will happy to hear from you.

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Comments

Wow good

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4 years ago

Thank you stay tuned for more interesting article

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4 years ago

Nice article pls subscribe me i already subscribe u

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4 years ago

sure

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4 years ago

Nice article... honestly in my coinbase account i put litecoin whatever i earnsd there... and in terms of mining litecoin is the easiest to produce... Eventhough its price is not that high compared to other crypto still i love this coin very much...

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4 years ago

i also have little LTC in my coin base and little bit on Atomic it's has good price and high potential perfect to invest

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4 years ago

I've started investing in litecoin

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4 years ago

i have not too much , nearly 1 LTC, i am collecting little-little from faucets

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4 years ago

Please share link with me, I really need ltc. Legit ones

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4 years ago

Thanks for sharing. Is that all?

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4 years ago

here is another https://free-litecoin.com/login?referer=984510 these are what i use to earn LTC

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4 years ago

Thanks for this, but I think I'm already doing this, someone referred me. Don't you have another one?

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4 years ago

Thanks my dear

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4 years ago

you're welcome stay updated for upcoming article

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4 years ago

Yeah

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4 years ago