Litecoin icon
Litecoin icon

Litecoin

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware.

Litecoin screenshot 1

Cost / License

  • Free
  • Open Source

Application type

Platforms

  • Mac
  • Windows
  • Linux
  • Android
Litecoin screenshot 1
Litecoin screenshot 2
Litecoin alternatives  
83likes
82alternatives
0articles

Features

  1.  Fast transactions
  2.  Peer-To-Peer
  3.  Money Transfer
  4.  Online Banking
  5.  Cryptocurrency support
  6.  Widely recognized

 Tags

Litecoin News & Activities

Highlights All activities

Recent activities

  • Zano icon
    snowbirdcrossing added Litecoin as alternative to Zano
  • alzym4813 liked Litecoin
  • nigh7-0wl-gamer liked Litecoin
  • poke420ml liked Litecoin
  • az-doomer liked Litecoin
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  • DeeJayLSP liked Litecoin
  • Solana icon
    CodeSwapper added Litecoin as alternative to Solana
  • solandre-wyze-ap-shelta liked Litecoin

Litecoin information

Our users have written 1 comments and reviews about Litecoin, and it has gotten 83 likes

Litecoin was added to AlternativeTo by Bitchomp on and this page was last updated .

Comments and Reviews

   
TypicalHog
0

It's faster and cheaper, but arguably less secure than Bitcoin. It's also has a capped supply like Bitcoin. It's more open to innovation too, while Bitcoin is stuck and can't evolve. It's PoW tho, and I believe PoS is superior (when done right), especially in the long run.

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Official Links

What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin icon Bitcoin in that can be efficiently mined with consumer-grade hardware. Litecoin provides faster confirmations (targeted at every 2.5 minutes on average) and uses memory-hard, scrypt-based mining to target the CPUs and GPUs most people already have. The Litecoin network is scheduled to produce four times as many currency units as Bitcoin.

One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisify these goals. It is unlikely for FPGA or ASIC mining to take over Litecoin until the currency is widely used.