Glossary
Litecoin (LTC)
16/04/2026
Litecoin (LTC) is a Proof of Work cryptocurrency launched in 2011 by Charlie Lee as a lighter, faster alternative to Bitcoin. It was one of the first major Bitcoin forks and remains among the most established cryptocurrencies.
Key facts
| Property | Value |
|---|---|
| Algorithm | Scrypt |
| Hardware | ASIC |
| Block time | ~2.5 minutes |
| Max supply | 84,000,000 LTC |
| Halving | Every 840,000 blocks (~4 years) |
| Launch | October 2011 |
