Litecoin: Bitcoin’s little brother
Litecoin is a peer-to-peer cryptocurrency and open source software project. Inspired by and technically nearly identical to bitcoin (BTC), Litecoin’s creation and transfer is based on an open source protocol and is not managed by any central authority.
Created on October 7, 2011 by Charlie Lee, a former Google employee. Litecoin was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm, and a slightly modified graphic user interface.
Litecoin vs. Bitcoin
Litecoin is nearly identical to Bitcoin, being a fork from the Bitcoin Core client. Below you can compare the two cryptocurrencies with our infographic.
Check out Litecoin’s website for all the official news and updates about the cryptocurrency. This site has information about what Litecoin is, where and how you can buy it, and different wallets and exchanges you can use. They also have a Core Development-specific website that you can visit, which is also a great resource for information on Litecoin. From the dev website, you can download Litecoin Core for Windows, Mac, Linux, etc. This site also has a decent amount of information on the purpose and uses of the Litecoin project.
To view details about transactions on the Blockchain network, use Litecoin’s blockchain explorer. If you are unfamiliar with block explorers or how to use them, we have a tutorial that will explain it all!
Github: Litecoin Source Code
On Github, the source code for Litecoin Core and other related projects is available.
Litecoin Price Predictions
Here are some price predictions for litecoin (LTC) in 2018 & the years ahead!
Lite It Up: 3 Litecoin Price Predictions For 2018 & Beyond
Litecoin, created in 2011 by Charlie Lee, is one of the most popular and oldest altcoins. Similar to Bitcoin, and forked from Bitcoin Core, Litecoin makes some improvements. It’s price hit an ALT in December 2017. Here are 3 Litecoin Price Predictions for 2018 and beyond!