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Litecoin

Litecoin is a peer-to-peer cryptocurrency that was created in 2011. It is similar to Bitcoin but has faster transaction times and uses a different cryptographic algorithm called Scrypt for mining.

What is Litecoin?

Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, an ex-Google employee, as an open source project on GitHub. Litecoin is one of the earliest alternative cryptocurrencies (altcoins) and is often referred to as the silver to Bitcoin's gold. Like Bitcoin, Litecoin is decentralized and uses a blockchain to verify transactions.

Litecoin was designed as an improved version of Bitcoin with several key differences. Litecoin processes blocks four times faster than Bitcoin, allowing for faster transaction confirmations in around 2.5 minutes. It uses a different cryptographic algorithm called Scrypt for mining rather than SHA-256. Scrypt is designed to be more accessible for mining using consumer-grade hardware such as GPUs rather than specialized ASIC miners. The maximum supply of LTC is capped at 84 million coins, quadruple that of Bitcoin's maximum supply.

Litecoin has lower transaction fees than Bitcoin and has implemented technologies like Segregated Witness and the Lightning Network to further improve scalability and reduce costs. It is accepted by a growing number of merchants and exchanges. Though Litecoin doesn't have the same adoption or trade volume as Bitcoin, it remains a popular alternative among cryptocurrency enthusiasts and has inspired hundreds of other altcoins since its launch.

The Best Litecoin Alternatives

Top Apps like Litecoin

Skrill, Pi Network, Google Pay, SuperPay, Monero, PaymentSpring, paysafecard, Payoneer, Instamojo, TradeOgre, Multidoge, Flattr, Tron (TRX), Dogecoin, FileCoin, Epoch, Cardano, Bitcoin Cash, Basic Attention Token, BTC to USD, Ethereum, NameCoin, Probiller, Stellite, Library Credits (LBC), Layer Protocol, youTipIt, Cardinity, Insolar, Nochex, feathercoin, BlackCoin, Safecoin, LiteVault, 42coin, ClickandBuy, ZCore, Vertcoin, TipTheWeb, Gridcoin, CryptoFights, ChangeTip, PENG Coin, NovaCoin, Zcash, HiveNet, Hexxcoin, Anoncoin, KIN Cryptocurrency, e-gold, Peony Coin, Groestlcoin, Primecoin, Swarm City, FairCoin, Bytom, Peercoin, Bitcoin Unlimited, WebDollar, CureCoin, Knit Pay are some alternatives to Litecoin.

Skrill

Skrill is an online payment platform and digital wallet service that allows users to make quick, easy and secure money transfers and payments to other users and merchants globally. Founded in 2001 as Moneybookers, Skrill was renamed in 2011 and is now one of the world's leading digital wallet providers.Key features...

Pi Network

Pi Network is a cryptocurrency and social media platform that enables users to earn Pi coins by running a node on their phone. It utilizes a novel consensus algorithm called Stellar Consensus Protocol (SCP) that allows lightweight mobile nodes to participate in securing the network without consuming substantial computing power...

Google Pay

Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices. It enables users to make payments with Android phones, tablets or watches.The Google Pay app allows users to store debit and credit card information for quick...

SuperPay

SuperPay is an intuitive payment processing software designed for small and medium-sized businesses. It enables merchants to accept debit and credit card transactions both in-retail stores and through e-commerce websites. SuperPay stands out for its simple pricing, top-notch customer service, and seamless integration with many popular POS platforms.Some key...

Monero

Monero is an open-source, privacy-oriented cryptocurrency that was launched in 2014. It focuses on providing completely private, untraceable, and secure transactions using advanced cryptography.Some key features of Monero include:Ring signatures - Hide the identity of the sender by mixing it with other transaction outputsRing confidential transactions (RingCT) - Hide...

PaymentSpring

PaymentSpring is a cloud-based payment processing platform designed for small to medium-sized businesses. It allows businesses to easily accept payments both online and in-person through credit cards, ACH payments, Apple Pay, and Google Pay.Key features of PaymentSpring include:Customizable checkout pages and payment formsSupport for one-time and recurring payments...

Paysafecard

paysafecard is a prepaid online payment method that allows consumers to make purchases on the internet without using a bank account or credit card. It provides an extra layer of security and privacy for online transactions.To use paysafecard, consumers first purchase a paysafecard pin code at one of over...

Payoneer

Payoneer is an online payment platform designed to facilitate cross-border B2B payments for freelancers, online sellers, marketplaces, and other professionals. Founded in 2005 and based in New York, Payoneer aims to provide easy and low-cost ways for businesses and contractors to pay and get paid globally.Some key features of...

Instamojo

Instamojo is an Indian fintech company that provides payment gateway and merchant services. It allows individuals and businesses to collect payments online by providing instant payment pages and payment links.Some key features of Instamojo include:Easy integration into websites and mobile apps via API and plugins to start collecting...

TradeOgre

TradeOgre is a cryptocurrency exchange platform that was launched in 2018. It caters primarily to more advanced cryptocurrency traders and investors who value privacy and low fees.Some key things to know about TradeOgre:No KYC (Know Your Customer) requirements - users don't need to provide personal information to create an...

Multidoge

Multidoge is a user-friendly light wallet designed specifically for Dogecoin, the popular meme-inspired cryptocurrency. As a light wallet, Multidoge does not require users to download and synchronize the entire Dogecoin blockchain, making it faster and easier to set up compared to a full node wallet.Some key features of Multidoge...

Flattr

Flattr is a microdonation and payment platform designed to help people financially support online content creators. It was founded in 2010 in Sweden and allows users to make small contributions to digital media producers like bloggers, vloggers, musicians, podcasters, and websites.Here's how it works: Users sign up for a Flattr...

Tron (TRX)

Tron (TRX) is a blockchain-based decentralized platform launched in 2017 by the Tron Foundation. It aims to build a decentralized internet and content entertainment ecosystem where users can freely publish, store, and own their data.The Tron protocol enables creators on the platform to freely publish, store, and own their content...

Dogecoin

Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inu enthusiasts worldwide. What started out as a joke in 2013 has grown into one of the world's most widely used and fastest growing cryptocurrencies.Dogecoin features the face of the popular Shiba Inu dog from the viral 'Doge' meme...

FileCoin

FileCoin is an open source, public cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data retrieval method. It allows users to rent out their extra hard drive space on an open and distributed network to earn FileCoin tokens.The FileCoin network creates a decentralized...

Epoch

Epoch is an open-source, peer-to-peer cryptocurrency wallet designed with a focus on simplicity and security. It supports major cryptocurrencies such as Bitcoin, Litecoin and Dash, allowing users to securely store, send and receive digital assets.Some of the key features of Epoch include:An intuitive and easy-to-use interface suitable for...

Cardano

Cardano is an open-source, decentralized public blockchain and cryptocurrency project that started in 2015. It was founded by Ethereum co-founder Charles Hoskinson and built through academic rigor and peer-reviewed research by scientists and engineers around the world.The Cardano blockchain operates the Ada cryptocurrency and is designed to be scalable, interoperable...

Bitcoin Cash

Bitcoin Cash (BCH) is a cryptocurrency that originated as a hard fork of Bitcoin in August 2017. It shares much of the same transaction history as Bitcoin up until the fork. The main difference is an increased block size limit which allows for more transactions to be processed per block.Some...

Basic Attention Token

Basic Attention Token (BAT) is a digital advertising token that was created by Brendan Eich and the team at Brave Software in 2017. The goal of BAT is to fix some of the major issues affecting the digital advertising industry.Some of the problems that BAT aims to solve include:Lack...

BTC to USD

BTC to USD is a cryptocurrency conversion service that allows you to seamlessly convert your Bitcoin holdings into US Dollars. This can be useful for knowing the USD value of your BTC holdings or for converting your BTC into fiat currency.To use BTC to USD, simply enter the amount...

Ethereum

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), that can execute scripts using an international network of public nodes. Ethereum's internal currency is called Ether (ETH), and is used to pay for transaction...

NameCoin

NameCoin is an open-source cryptocurrency and technology that was created in 2011. In addition to being a cryptocurrency, NameCoin also serves as an alternative domain name system (DNS) that maps domain names to IP addresses.The main distinguishing feature of NameCoin is that it allows users to register domains that end...

Probiller

Probiller is a cloud-based billing and invoicing software designed to help small and medium businesses get paid faster. It makes it easy to create professional invoices and estimates, set up recurring billing, accept online payments, track expenses, and manage clients and projects. Key features include:Customizable invoice templates with company...

Stellite

Stellite is an open-source web browser based on the Chromium web browser that emphasizes user privacy and security. Some key features of Stellite include:Built-in ad blocking and tracker blocking to prevent ads and protect user privacyDoes not collect or share any personal user dataEncrypted proxy support and other privacy...

Library Credits (LBC)

Library Credits (LBC) is a cryptocurrency and blockchain protocol created specifically for public libraries to incentivize patron engagement. It functions as a digital rewards system that libraries can use to motivate patrons to contribute value - whether through traditional library activities like checking out materials, attending programs, or volunteering, or...

Layer Protocol

Layer Protocol is an open network and decentralized communications protocol that enables the private and trustless transmission of data between internet-enabled devices. It includes messaging, payments, decentralized identity, and discovery of data services.Built on a scalable infrastructure of incentivized nodes, Layer Protocol seeks to empower developers to build end-to-end...

YouTipIt

youTipIt is a software platform designed to facilitate digital tipping. It enables customers to easily tip service workers such as waiters, hair stylists, taxi drivers, food delivery persons, etc. through their mobile devices.Here's how it works: Service workers display a unique QR code that customers can scan using the...

Cardinity

Cardinity is an online payment gateway and merchant services provider that allows businesses to accept payments online and in-person. It was founded in 2014 and is based in Vilnius, Lithuania.Some key features of Cardinity include:Supports accepting payments from major credit/debit cards including Visa, Mastercard, AMEX, JCB, Diners Club...

Insolar

Insolar is an open-source enterprise-grade blockchain platform designed to address the key challenges faced by blockchains for business use - scalability, security and performance. It aims to enable seamless and trusted interactions between companies, allow building digital assets and decentralized applications, and facilitate trusted data exchange.Some key features of...

Nochex

Nochex is an online payment gateway founded in 2008 that provides merchants with the ability to securely accept payments on their website or mobile app. It allows businesses to process transactions through credit cards, debit cards, bank transfers, and other popular online payment methods.Some key features of Nochex include:Secure...

Feathercoin

Feathercoin is an open source, decentralized cryptocurrency that launched in April 2013. It was created by Peter Bushnell based on the Bitcoin protocol but with some key differences. Like Bitcoin, Feathercoin operates on a proof-of-work consensus algorithm where miners confirm transactions and secure the network in exchange for newly minted coins...

BlackCoin

BlackCoin is a proof-of-stake cryptocurrency that was launched in February 2014. It was originally based on the proof-of-work cryptocurrency NovaCoin but transitioned to a proof-of-stake consensus algorithm.Some of the key features that BlackCoin aims to offer include:Instant transactions - Transactions are confirmed and processed very quickly, enabling fast payments...

Safecoin

Safecoin is a privacy-focused cryptocurrency and payment network that was launched in 2018. Its main goal is to enable fast, private, and secure digital transactions for people and businesses worldwide.Some key features of Safecoin include:Advanced privacy features - Safecoin uses cryptographic techniques like zero-knowledge proofs and ring signatures to...

LiteVault

LiteVault is a password manager application designed to help users store, organize, and protect sensitive information like passwords, credit card details, notes, and more. It utilizes strong encryption and other security measures to keep your private data safe from unauthorized access.Some key features of LiteVault include:Client-side encryption -...

42coin

42coin is a cryptocurrency and blockchain network that launched in 2014. It has its own unique algorithms and functions differently from many other cryptocurrencies. Some key features of 42coin include:Utilizes 5 different proof-of-work algorithms - Scrypt, Groestl, Skein, Liskov, and Blake - for mining. This allows more computers to effectively participate...

ClickandBuy

ClickandBuy is an online payment service founded in 1999 that facilitates transactions between online shoppers and merchants. It provides a secure and convenient way for consumers to pay for goods and services on the internet.For shoppers, ClickandBuy offers a digital wallet to store payment details including credit cards, bank accounts...

ZCore

ZCore is an open-source, self-hosted video conferencing and online meeting solution similar to Zoom or GoToMeeting. It can be installed on your own servers or cloud infrastructure to provide greater control, customization, privacy and security.Key features of ZCore include:HD video and audio conferencing for meetings with screen sharingCross-platform...

Vertcoin

Vertcoin (VTC) is a decentralized, peer-to-peer cryptocurrency that was created in 2014. It focuses on maintaining decentralization and ASIC resistance through its proof-of-work algorithm called Verthash.Some key features of Vertcoin include:ASIC resistance - Vertcoin uses the Lyra2REv3 hashing algorithm which is designed to resist ASIC mining and keep...

TipTheWeb

TipTheWeb is a browser extension available for Chrome, Firefox, and Brave that allows internet users to send small financial tips to creators of online content that they enjoy. It aims to provide a streamlined tipping experience so users can easily show their appreciation and support their favorite bloggers, YouTubers, news...

Gridcoin

Gridcoin is an open source cryptocurrency that rewards participants for contributing spare computing power on their personal devices to help solve scientific problems and research projects. It works by integrating a cryptocurrency with the Berkeley Open Infrastructure for Network Computing (BOINC), which is an open-source grid computing network.Unlike Bitcoin...

CryptoFights

CryptoFights is an online multiplayer fighting game that runs on the blockchain. It allows players to purchase unique fighter non-fungible tokens (NFTs) and battle against other players' fighters. The game popularized the play-to-earn model, where skilled players can earn crypto rewards.In CryptoFights, each fighter NFT comes with different strengths...

ChangeTip

ChangeTip is a micropayments and tipping platform built on top of bitcoin technology. It allows users to send small bitcoin tips to content creators, service providers, and others via social media platforms like Twitter, Reddit, GitHub, and YouTube.The main goal of ChangeTip is to make sending small payments fast...

PENG Coin

PENG Coin is a cryptocurrency that was launched in 2019 with the goal of providing a fast, secure, and energy efficient digital payment option. It operates on its own blockchain using a proof-of-stake consensus mechanism to validate transactions.Some key features of PENG Coin include:High transaction speeds - PENG Coin...

NovaCoin

NovaCoin is a decentralized cryptocurrency that was launched in February 2014. It uses a hybrid Scrypt proof-of-work and proof-of-stake mining system, allowing both miners and stakers to participate in block verification and receive rewards.Some key features of NovaCoin include:Fast transactions - NovaCoin blocks are generated every 2.5 minutes on average...

Zcash

Zcash is a decentralized, open-source cryptocurrency launched in 2016 that focuses on privacy and anonymity. Unlike transparent blockchains like Bitcoin where all transactions are publicly visible, Zcash transactions can be shielded to hide the sender, recipient, and value of transactions using advanced cryptographic techniques called zero-knowledge proofs.Some key features of...

HiveNet

HiveNet is a decentralized social network and communications platform built on blockchain and peer-to-peer technologies. It aims to provide users with a more secure, private, and self-sovereign approach to social networking.Some key features and benefits of HiveNet include:User data and privacy protection through end-to-end encryption and decentralizationUser retention...

Hexxcoin

Hexxcoin is a cryptocurrency and decentralized blockchain network that was launched in 2014 as a fork of Bitcoin. The founders aimed to address some of the limitations of the Bitcoin network by making Hexxcoin transactions faster, more private, and ASIC resistant.Some key features of Hexxcoin include:Uses the X11 hashing...

Anoncoin

Anoncoin is a decentralized, open source cryptocurrency launched in 2013. It focuses on providing strong privacy and anonymity for its users.Some key features of Anoncoin include:Integration of the Zerocoin protocol to enable fully anonymous transactions.Fast transactions enabled by proof-of-stake consensus.Low transaction fees compared to other privacy coins...

KIN Cryptocurrency

KIN is a cryptocurrency and platform originally developed in 2017 by the messaging company Kik. The goal of KIN is to create a decentralized ecosystem of digital services where consumers can easily earn and spend a digital currency.Unlike speculative cryptocurrencies like Bitcoin, KIN is designed for everyday transactions in consumer...

E-gold

E-gold was an online payment system and digital currency that allowed users to make instant online payments to other e-gold account holders. It was founded in 1996 by oncologist Douglas Jackson and attorney Barry Downey as a way to utilize gold and other precious metals as a medium of exchange for...

Peony Coin

Peony Coin is a decentralized cryptocurrency that was launched in 2021. Its main goal is to enable fast, low-cost payments between peers without the need for banks or other financial intermediaries.It is built on its own blockchain that uses a Proof-of-Stake consensus mechanism to validate transactions. This allows the network...

Groestlcoin

Groestlcoin (GRS) is an open-source, decentralized digital currency that enables instant payments to anyone in the world. It uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.Groestlcoin was launched in March 2014 and it is named after the...

Primecoin

Primecoin is a cryptocurrency that was created in 2013 with the goal of making the proof-of-work mining process actually useful. While Bitcoin mining involves brute force guessing of hashes, Primecoin instead has miners search for special chains of prime numbers. This provides value to science since these prime number chains can...

Swarm City

Swarm City is a decentralized peer-to-peer marketplace platform built on the Ethereum blockchain. It aims to enable a sharing economy without centralized control. The platform allows developers and entrepreneurs to build decentralized applications for commerce and collaboration.Some key features of Swarm City include:Decentralized governance - The platform uses...

FairCoin

FairCoin is a decentralized cryptocurrency and payment network that was launched in 2014. It is based on blockchain technology and aims to enable fast, secure, and low-cost financial transactions.A key goal of FairCoin is to build an alternative economic system based on fairness, equality and sustainability. To help achieve this...

Bytom

Bytom is an open-source protocol for asset management that uses blockchain technology to register, exchange, and trade digital assets. It allows users to register and issue custom digital assets on the Bytom blockchain, as well as easily transfer these assets between different parties.Some key features of Bytom include:Custom...

Peercoin

Peercoin (PPC) is a pioneering cryptocurrency that was launched in 2012. It utilizes both proof-of-work and proof-of-stake protocols to secure its network. Peercoin aims to be an energy-efficient cryptocurrency as the proof-of-stake protocol allows coins to be minted, or generated, based on the number of coins a user holds, rather than...

Bitcoin Unlimited

Bitcoin Unlimited is a full node bitcoin implementation that supports dynamic block sizes. Unlike the original Bitcoin Core client which has a hardcoded 1 MB block size limit, Bitcoin Unlimited allows miners to vote on increasing the block size as needed for scaling purposes.Some key features of Bitcoin Unlimited include...

WebDollar

WebDollar is an open-source cryptocurrency and blockchain platform built to work natively in web browsers. It allows users to mine its native WEBD tokens and develop decentralized applications entirely in the browser, without needing to install any extra software or plugins.Some key features of WebDollar include:Mineable cryptocurrency -...

CureCoin

CureCoin is a cryptocurrency launched in 2014 that utilizes a proof-of-work mining algorithm to reward participants who contribute spare computing power to distributed computing projects focused on medical research, especially Folding@Home. Folding@Home is a distributed computing network organized by Stanford University researchers that allows anyone to donate their unused...

Knit Pay

Knit Pay is a cloud-based invoicing and payments management platform designed for freelancers, consultants, and small business owners. Its key features include:Creating professional invoices with customized templatesAccepting online payments via credit card, PayPal, ACH or wire transferAutomatic payment reminders to clientsIncome and expense trackingClient database and contract/project managementTime...