Litecoin was one of the first “altcoins” created by Charlie Lee from the original Bitcoin
code, but with significantly different properties:
- Litecoin’s block time was reduced to 2.5 minutes, 4x faster than Bitcoin
- Total supply was increased to 64 million instead of Bitcoin’s 21 million.
- Mining difficultly changes every 3.5 days compared to Bitcoin’s 2 weeks.
With these key differences in place, litecoin was the leader in fast payments and transactions in the early blockchain and cryptocurrency space.
Now, Litecoin is still a well known and respected altcoin in the space with a foundation, large developer following, and constantly receiving community software updates.
Buy Litecoin (LTC)
instantly by setting up a coinpass account
and litecoin wallet.
Coinpass support the LTC/GBP
trading pair by providing liquidity and less friction for Litecoin to GBP trading.