Networks
Bitcoin's older sibling project, tuned for faster and cheaper payments. Litecoin has run since 2011 with almost no drama. Blocks come four times faster than Bitcoin and fees stay tiny.
Live market data
Live figures load from CoinGecko when the page opens and refresh when you reload. Prices move constantly and are for orientation only.
What Litecoin is for
Litecoin has run since 2011 with almost no drama. Blocks come four times faster than Bitcoin and fees stay tiny.
Technical summary
| Property | Value |
|---|---|
| Layer | Layer 1 |
| Launched | 2011 |
| Consensus | Proof of work with Scrypt |
| Throughput | About 56 |
| Finality | About 15 minutes |
| Native token | LTC pays fees and rewards miners |
Block explorers
An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.
Wallets that support it
What to be aware of
- Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
- Newer chains have shorter track records under real adversarial pressure.
- Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
- Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.
Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.
Where to go next
New to Litecoin?
We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.