Facts about LiteCoin [LTC] you shoud know

4년 전

LiteCoin LTC (c) favorite-casino.com

Mineable Currency with own Blockchain


Currency Code: LTC
Max Supply: 84 mln. LTC
Algorithm: scrypt
Konsensus: Proof of Work
Genesis Block: 12 Oct 2011
Block Time: 2.5 Minutes
Block Size: 1 MB
Percentage of total Litecoins mined: 62.53%
Litecoin inflation rate per annum: 10.52%
Litecoin inflation rate per annum at next block halving event: 4.09%
Website: https://litecoin.com/

Block Mining Rewards:

Unique Selling Point


• Bitcoin is Gold, Litecoin is Silver and 4 times faster
• Successful copy of 2016's Bitcoin with some changes (easier to mine by PC)

Data of 2017-08-19


• Market Cap: 571,448 BTC / $2,329,765,086
• Volume (24h) 39,093 BTC / $159,378,000
• Circulating Supply 52,526,132 LTC
https://coinmarketcap.com/currencies/litecoin/
https://www.cryptocompare.com/coins/ltc/analysis/EUR

Litecoin Foundation


Executive Team:
• Charlie Lee - Managing Director
• Xinxi Wang - Director
• Franklyn Richards - Director

Developers:
• coblee (Charlie Lee)
• electo (Faisal Mehmood)
• fancycedar (Fan Yang)
• jl2012 (Johnson Lau)
• losh11 (Loshan T)
• mlpfrank (Franklyn Richards)
• pooler
• rjmacarthy (Richard Macarthy)
• shaolinfry
• thrasher- (Adrian Gallagher)
• ultragtx (Xinrong Guo)
• void-main (Peng Sun)
• wangxinxi (Xinxi Wang)
• wtogami (Warren Togami)

Litecoin Foundation (Separate but works closely and funds Core Team):
• Shaolinfry (Username) - Full Time
• Adrian Gallagher - Full Time
• Loshan T - Part Time
• Fan Yang - Part Time

Year Founded: Oct 2011 (Released on GitHub)
Country: Litcoin Foundation registered in Singapore
https://litecoin-foundation.org/

Mining


• Mining pool comparison: https://litecoin.info/Mining_pool_comparison
• Current + All-Time Top Hashers, Pool + Networks Stats by LiteCoin Pool: https://www.litecoinpool.org/stats
• ViaBTC Pool Stats: https://pool.viabtc.com/pool/ltc/state/
• Pools for cryptocurrency mining Litecoin (LTC): https://bitmakler.net/mining_Litecoin-LTC__pools
• ViaBTC Mining Calculator for BTC/BCH/LTC: https://pool.viabtc.com/tools/BCC/calculator/

Topical Statistics


• Trading Volume by Currency, Exchange, Month: https://www.cryptocompare.com/coins/ltc/analysis/EUR
• Block Size historical chart: https://bitinfocharts.com/comparison/litecoin-size.html

Additional Information


• Wiki: http://litecoin.info
• Forum: http://forum.litecoin.net/
• Source: https://github.com/litecoin-project/litecoin
• Talk: https://litecointalk.io/
• LiteCoin Explorer: https://live.blockcypher.com/ltc/

Sources


Many Thanks to @gspeagle for https://steemit.com/blockchain/@gspeagle/top-30-cryptocurrencies-names-of-executives-and-developers-and-location-of-servers-and-country-of-origin

https://litecoin.com/
https://litecoincore.org/
https://litecoin-foundation.org/
https://bitcointalk.org/index.php?topic=47417.0

For more Information


• Feel free following me @bitcoin-123 and/or send helpfull comments
• Facts about Bitcoin [BTC] you should know: https://steemit.com/bitcoin/@bitcoin-123/facts-about-bitcoin-btc
• and take a look to a list of my crypto related articles on SteemIt: http://123-bitcoin.de/krypto.html

Thanks for reading/upvoting ...

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Good points in this post. I was about to post a similair post. The quality coins are here to stay and it's like buying in at the S&P 500 50 years ago. Cryptos will fall and rise at a more rapit phase any investment market has ever seen. Just hold (literaly) and enjoy the ride. We do need more indept investment analysis. I really advice people to take a look at: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. See: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Detailed report