What is LTC? – A Bit of History

LTC is a digital currency, which operates free of any central control or the oversight of banks or governments.  LTC is what the market describes as a decentralized cryptocurrency. Instead it relies on peer-to-peer software and cryptography. A public ledger records all LTC transactions and copies are held on servers around the world. Various miners across the globe are participating in the network / ledger, and thereby help with approving transactions.

Blockchain is a genius system, which is recording information in a very smart way, that makes it difficult to alter or hack.

Each and every block in the blockchain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is then added to every participant’s ledger.

LTC was created in 2011 and has been moving forward ever since.

Litecoin (LTC) is an alternative cryptocurrency created in October 2011 by Charles “Charlie” Lee, a former Google engineer. As of November 2021, 1 LTC is worth around $215, making it the 14th-largest crypto with a market cap of just under $15 billion.

Are you also a fan of Litecoin  (LTC) – Buy LTC today

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LITECOIN – All Time High – LTC/USD

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Picture shows Litecoin price, from when Litecoin came to the market – And until now.
Please be aware that Bitblinx disclaims, that investing in cryptocurrencies are very risky in general.

Most cryptocurrencies are highly volatile.

Many crypto enthusiasts believe that LTC will be a great project for many years, as LTC are gathering many projects in the crypto space. Some even predict, that LTC will be used as legal tender, just like we see Bitcoin today – in El Salvador.

Link to article
https://www.fxstreet.com/cryptocurrencies/news/litecion-price-prediction-ltc-coiled-and-ready-to-spring-to-200-202202112210
We wish LTC all the best of luck, in their current and future adoption.

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