Litecoin is a form of digital currency which is created and transferred electronically using encryption.

Like Bitcoin, Litecoin’s transactions are recorded on a public ledger and new coins are created through a process known as “mining.”

The main difference between Bitcoin and Litecoin is that Litecoin is built for speed. This makes it a great choice for quick transactions like payments.

Litecoin was the second most popular cryptocurrency as of 2015 with one coin being worth about $1.50 USD… meanwhile, in late 2017 Litecoin traded between $60 and $95. Oh how times have changed!

Click on any of the sections below to start learning more about Litecoin.


BTC Breaks Resistance and Runs Hard

BTC broke $4.2k resistance and then ran hard up to $5k as shorts closed, stop buys hit, and people jumped in. Alts lagged behind, but all things considered, the market had a nice rally.




LTC + BEAM 😘

According to a beam blog post, the Litecoin Foundation approached Beam about possible cooperation to implement Mimblewimble via Extension Blocks on Litecoin.




Bitcoin Halving Explained

In Bitcoin, halving is when block rewards for mining are cut in half. Halving happens at regular intervals based on the Bitcoin protocol.


There Was a Major Bug in Bitcoin’s Code, but Developers Fixed it

There was a vulnerability in Bitcoin’s code. Meanwhile, since Litecoin and Bitcoin Cash and some others are based on Bitcoin, they also had the bug. Luckily, the Bitcoin Cash developer who caught the code shared it, and Bitcoin, Litecoin, Bitcoin Cash, and more have all fixed the issue. Other crypto teams who based their code on Bitcoin, like Doge and Verge, have come out to assure people that they never had the vulnerability.



BitMEX

Bitmex is a crypto derivatives exchange that uses high leverage and margin trading and is open to many non-U.S. citizens. They have been the highest volume exchange in the 2018 bear market.