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The Blockchain Story

Mkt Cap.
Vol. 24H
Open 24h
Low/High 24h
Market Price Open 24H Last Trade Volume 24H
Gatecoin 58.00 58.00 10.69 0.00
idevex 77.04 76.84 0.10 106.60
Bitfinex 76.85 76.92 0.15 69,683.52
IndependentReserve 76.79 76.79 0.01 0.00
ExtStock 75.72 75.78 1.00 9,306.03
Cexio 77.30 77.13 0.85 730.06
TheRockTrading 35.00 35.00 7.83 0.00
BitexBook 82.99 82.77 0.01 0.55
Bluebelt 79.60 79.60 0.00 0.00
Binance 76.86 76.68 1.29 1,957.33
DSX 75.96 77.86 0.40 429.27
Cryptsy 3.29 3.29 0.53 0.00
CoinsBank 122.14 122.14 5.93 0.00
BCEX 266.80 266.80 2.74 0.00
BitBay 75.99 76.47 0.09 4.19
Liqnet 76.97 76.54 0.15 3,797.04
OpenLedger 78.00 74.64 1.00 1.00
coinfield 76.92 76.69 3.75 1,024.47
Exenium 75.14 75.38 0.06 200.47
Gemini 76.95 76.69 1.00 10,387.99
P2PB2B 76.68 76.78 0.10 91,420.06
BTCChina 67.40 67.40 1.36 0.00
Bitstamp 77.08 76.75 5.00 24,183.89
Coinsbit 76.90 77.72 241.19 121,003.62
BitTrex 76.96 76.90 23.10 2,004.19
WEX 69.37 69.37 0.00 0.00
HitBTC 75.66 76.86 1.11 5.64
Yobit 78.99 80.57 0.09 121.96
LiveCoin 76.21 77.70 0.02 1,867.44
Graviex 77.00 83.00 0.01 0.01
Coinbase 76.73 76.87 0.24 150,007.47
Bitsane 104.34 104.34 0.11 0.00
coss 137.49 137.49 0.10 0.00
SingularityX 72.98 72.57 21.79 2,802.44
EXRATES 76.96 76.83 0.10 124,780.21
BTCAlpha 76.68 76.75 0.01 7,501.26
StocksExchange 76.00 127.86 0.02 1.23
CoinHub 942.17 248.25 12.02 1,231.74
Threexbit 79.99 79.99 0.55 0.00
Exmo 77.13 78.05 2.46 1,976.60
EXRATES 76.43 76.78 0.06 853.10
primexbt 76.92 76.92 0.05 70,397.31
BitFlip 54.88 54.88 0.05 0.00
Kraken 76.82 76.72 1.00 18,602.87
Simex 86.22 86.22 19.28 0.00
smarttrade 32.30 32.30 0.01 0.00
Bitlish 84.55 84.55 2.05 0.00
Incorex 136.02 136.02 0.14 0.00
WavesDEX 122.00 122.00 0.83 0.00
Poloniex 49.30 49.30 0.10 0.00
CCEX 35.01 35.01 0.01 0.00
Coinroom 69.56 69.56 2.20 0.00
CCEDK 3.95 3.95 0.04 0.00
Ore 43.52 43.52 0.03 0.00
Nexchange 86.73 85.71 0.81 0.81
OKCoin 76.67 77.08 5.22 978.60
Tidex 99.29 99.29 0.19 0.00
BTCE 41.28 41.28 5.91 0.00

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

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