-
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-4.25%
What is LTC coin? Introduction to LTC coin issue price, total amount and white paper
Litecoin, the "silver to Bitcoin's gold," was initially valued at $4.30 upon its 2011 launch and boasts a total supply four times that of Bitcoin.
Oct 03, 2024 at 11:30 am
Understanding Litecoin (LTC) Coin
1. What is LTC Coin?
Litecoin (LTC) is a peer-to-peer cryptocurrency created by former Google engineer Charlie Lee in 2011. It is often referred to as "the silver to Bitcoin's gold."
2. LTC Coin Issue Price
The initial issue price of LTC was $4.30 at its launch on October 7, 2011.
3. Total Amount of LTC
The total number of LTC coins that will ever be issued is 84,000,000, roughly four times the supply of Bitcoin (BTC).
4. White Paper
LTC's white paper was published on October 7, 2011, on the official Litecoin website. It outlines the technical specifications, design goals, and potential use cases for the cryptocurrency.
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