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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 108.17 108.17 0.10 0.00
Bitfinex 132.60 134.88 11.35 124,202.83
IndependentReserve 132.03 132.19 7.00 7.00
ExtStock 131.51 133.76 2.00 7,009.60
Cexio 4.37 4.37 1.20 0.00
TheRockTrading 35.00 35.00 7.83 0.00
BitexBook 130.25 132.81 0.01 0.79
Bluebelt 79.60 79.60 0.00 0.00
Binance 132.54 135.00 0.34 9,378.40
DSX 131.39 132.29 2.00 253.53
Cryptsy 3.29 3.29 0.53 0.00
CoinsBank 122.14 122.14 5.93 0.00
BCEX 24.09 24.09 3.05 0.00
BitBay 132.82 135.70 17.92 20.13
OpenLedger 140.73 140.73 0.02 4.50
Exenium 129.71 131.76 0.03 261.72
Gemini 132.69 135.09 0.01 7,730.03
P2PB2B 132.89 134.50 0.36 468,454.33
BTCChina 67.40 67.40 1.36 0.00
Bitstamp 132.52 135.00 0.25 44,433.91
Coinsbit 132.21 134.46 219.08 63,741.88
BitTrex 132.49 135.23 15.01 5,819.07
WEX 69.37 69.37 0.00 0.00
HitBTC 133.20 135.59 0.05 22.93
Yobit 133.50 136.00 0.13 267.71
LiveCoin 132.06 132.60 0.04 796.47
Graviex 100.10 100.10 0.00 0.00
Coinbase 132.41 134.96 0.19 210,984.05
Bitsane 104.34 104.34 0.11 0.00
coss 135.78 135.78 0.10 0.00
SingularityX 132.88 134.86 13.14 2,652.54
EXRATES 132.52 134.60 0.13 12,988.60
BTCAlpha 131.99 134.23 0.04 2,886.50
StocksExchange 169.00 169.00 0.00 0.00
CoinHub 29.62 29.62 0.24 0.00
Threexbit 135.80 139.98 4.79 9.39
Exmo 130.32 132.81 2.11 1,060.32
EXRATES 133.15 135.50 0.05 18.40
BitFlip 54.88 54.88 0.05 0.00
Kraken 132.59 135.09 1.14 22,123.14
Simex 86.22 86.22 19.28 0.00
smarttrade 32.30 32.30 0.01 0.00
Bitlish 134.73 136.00 97.44 119.67
Incorex 133.48 135.94 0.23 542.76
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 103.28 103.28 29.05 0.00
OKCoin 133.19 134.98 0.86 118.50
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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