Litecoin is a popular peer-to-peer cryptocurrency that operates on a decentralized network. Created by Charlie Lee in 2011, Litecoin is often referred to as the "silver to Bitcoin's gold" due to its similarities with Bitcoin.show more
The Litecoin network is preparing for a halving event, which will reduce mining rewards by half. This event could potentially drive up the lite coin price due to its deflationary effect. However, a recent surge
According to CoinMarketCap, the top gainers today are BAT, TON, ZIL, LTC, AAVE as all of them are having a bullish ride while others are facing bear pressure.
Litecoin mining is similarly complex as mining bitcoin but with a lower hashrate. Mining operations for scrypt algorithm are still in demand and miners are still mining litecoin for higher block rewards with less effort.
Litecoin Halving is an act where Litecoin rewards generated each block is halved. In near future, the total Litecoin mined by miners for every block will be reduced from 12.5 to 6.25 LTC. In this
Litecoin dubbed the "digital silver" of the cryptocurrency realm, has once again rewarded its loyal investors and holders. It staged a remarkable comeback after hitting rock bottom at $60.
Even while Litecoin may not make headlines as frequently as Bitcoin, it is still one of the most well-known cryptocurrencies. Let's talk about how it functions today.
Litecoin's fresh address growth rate remained robust. From January to October of this year, its new address growth ratio exceeded that of Bitcoin and Ethereum.