News

All the latest news about Litecoin

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Litecoin Foundation Says Its Mimblewimble Upgrade Is Complete

The Litecoin Foundation announced in a tweet on Monday that its Mimblewimble (MWEB) upgrade is now complete.

 Hassan Maishera

DigiByte (DGB) Has Surged 45% In 24 Hours

The price of DigiByte (DGB) has experienced a 45% price hike since yesterday, with the price of the native token now hovering around $0.037

 Mark Weaden

Swissquote to offer staking in Tezos to customers

The largest bank in Switzerland announced the plan to begin offering crypto staking in Tezos (XTZ)

 Mark Weaden

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Litecoin

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프라임XBT (PrimeXBT)

4.51 based on 3698 resourcess.widget.votes

FTX

4.45 based on 1455 resourcess.widget.votes

바이비트 (Bybit)

4.42 based on 4361 resourcess.widget.votes

Spend

Want to leave your cash at home? These cards support Litecoin.

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TRASTRA

4.26 based on 707 resourcess.widget.votes

와이어엑스(Wirex Card)

4 based on 705 resourcess.widget.votes

Club Swan Card

3.93 based on 146 resourcess.widget.votes

Shop

So you've made a little Litecoin and now you want to spend it? These are the places to do it!

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BC.Game

5 based on 1 resourcess.widget.votes

VPS2DAY.com

4.83 based on 6 resourcess.widget.votes

Booking.com

4.75 based on 4 resourcess.widget.votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Litecoin.

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YouHodler

3.85 based on 13 resourcess.widget.votes

Ledger Nano S

3.74 based on 175 resourcess.widget.votes

Ledger Nano X

3.68 based on 34 resourcess.widget.votes

Review

Learn more about Litecoin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Litecoin.

The first cryptocurrency that came out was Bitcoin in 2009, created by a person and/or group by the pseudonym Satoshi Nakamoto. However, Litecoin’s creator Charlie Lee has been very much active in the open on both social media and his own blog. Charlie Lee is a cryptography expert, who’s worked at big computer tech companies like Google and Coinbase. Charlie created Litecoin  in 2011 with the vision that it was going to be a lighter and faster version of Bitcoin. Whereas Bitcoin might be regarded as “digital gold”, Litecoin certainly then becomes “digital silver. This is because the transactions are cheaper, and because of its speed, it’s more meant for utilising in an everyday environment. So, on October 7 in 2011, Charlie released Litecoin via an open-source client on GitHub. Being a fork of the Bitcoin Core client, the network went live approximately a week after its release.

When explaining Litcoin it’s very hard to not compare it to Bitcoin. This is of course due to the fact that it is a “spin-off” of Bitcoin or a fork as it it is called in the crypto space. When it comes to transacting it works similarly to Bitcoin. apart from the cost. Sending a Litecoin costs about 1/50th of what it costs to send Bitcoin. Because of this competitive pricing model, it’s more attractive to trade and rationally it also has a more sustainable outlook for the future. Also, adoption as a currency is somewhat easier because of the pricing.

Apart from trading and purchasing the currency it can be mined, much like Bitcoin. Just like it’s predecessor, a good computer would be enough to mine coins slowly. But a serious miner would, just like any other currency, use a GPU (Graphical Processing Unit) to rapidly solve the equations that make up the blockchain.

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