$44.2378
1H
0.12%$0.0530
24H
1.70%$0.7395
7D
-8.11%$-3.90
Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.
The cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.
The ultimate goal of the fund is to bridge CeFi and DeFi in the Binance ecosystem. The exchange aims to show how to ensure integration between DeFi and CeFi to offer the best of both worlds.
Users of StormX can now choose to withdraw their earnings in YFI – currently one of the best performing cryptocurrencies of 2020.
Cryptocurrencies have gone in descending corrections again.
While BTC has dropped in both its price and market cap, other top cryptocurrencies including Ethereum (ETH), XRP, and Litecoin (LTC) are amongst others.