Litecoin

ltc

Litecoin (LTC) is a leading peer-to-peer cryptocurrency and an established Layer 1 (L1) blockchain. This digital asset enables instant, near-zero cost payments globally, operating as an open-source, fully decentralized network without central authorities. Powered by a Proof of Work (PoW) consensus mechanism, Litecoin’s mathematics secures the network, empowering individuals with control over their finances. Its key differentiators include faster transaction confirmation times and improved storage efficiency compared to Bitcoin, allowing for higher transaction volumes due to more frequent block generation. As a vital component of the GMCI 30 Index and Coinbase 50 Index, and recognized as "Made in USA," LTC serves as a proven medium of commerce, complementing Bitcoin. The tokenomics ensure a total supply of 84 million LTC, with mining rewards halving approximately every four years.

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