Litecoin is a distributed, peer-to-peer digital currency built to enable instant, near-zero cost payments to individuals and merchants worldwide. In practice, as an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.
In practice, the network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. In practice, it is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Latest snapshot shows market cap near $4,008,254,238, 24h volume around $366,405,682, 24h change down 4.23%. DexBrief is currently monitoring a live market route on Solana. Live pricing and venue coverage on this page currently come from 5 public market feeds.
Public reference history for this asset dates back to 2011-10-08. Litecoin's primary project footprint is tied to the Litecoin network. Litecoin is commonly screened under Infrastructure, Smart Contract Platform, and Layer 1 (L1). Official research surfaces on this page include a whitepaper or docs reference and open-source code links.