Litecoin is a cryptocurrency that was created in 2011 as a fork of the Bitcoin blockchain. It shares many characteristics of Bitcoin, and some key differences, notably faster block times (four times as fast as Bitcoin), and larger supply (four times as large at Bitcoin). It uses a different memory intensive hashing algorithm than Bitcoin called Scrypt, which was chosen so that Litecoin could be mined by consumer hardware.
The current price of Litecoin is $49.37 US dollars. This price is down -1.79% from yesterday