Layer 1 · Proof of Work · Live since 2011

LitecoinNATIVE ASSET · LTC

A Layer 1 proof-of-work blockchain built for payments, forked from the Bitcoin codebase in 2011 with a faster target block time of about 2.5 minutes and the Scrypt hashing algorithm. Often described as a lighter complement to Bitcoin, it focuses on fast, low-fee value transfer. Request Litecoin in the Zypto App below.

In the Zypto App Accepted as payment Not yet in the Zypto App Scrypt PoW

Litecoin isn't in the Zypto App yet. Post the request to your followers, chains with the most demand get prioritized. All network data below stays live regardless.

ConsensusPoWScrypt algorithm
Max supply84M4x Bitcoin's cap
Block time~2.5 min4x faster than BTC
Native assetLTCUsed for transfers
Halving~4 yrsReward cut in half
Live since2011Launched October 2011
How it works

Fast blocks, proof-of-work mining.

Litecoin forked from the Bitcoin codebase in 2011 and kept the same broad design, a public ledger secured by miners, with a few deliberate changes that make transfers faster and lighter. Four ideas make that work.

The public ledger

Every transaction lives in one shared chain of blocks that anyone can download and verify. Anyone can run a node and check the full history back to the first block in 2011.

Proof of Work, with Scrypt

Miners compete to add each block by solving a Scrypt hashing puzzle, rather than Bitcoin's SHA-256. The work secures the chain and earns the block reward, which halves roughly every four years.

Faster blocks

Litecoin targets a new block about every 2.5 minutes, four times faster than Bitcoin. Confirmations arrive sooner, which suits fast, low-fee everyday payments and value transfer.

Capped supply

Litecoin has a maximum supply of 84 million LTC, four times Bitcoin's 21 million. The halving schedule slows issuance over time until the cap is reached.

How a block is added
1

Broadcast

You send LTC. The transaction is signed with your private key and broadcast to the network, where nodes collect it into the pool of pending transactions waiting for the next block.

2

Mine

Miners race to solve the Scrypt proof-of-work puzzle for a candidate block. The first to find a valid solution gets to add the block and collect the reward plus fees.

3

Confirm

The new block joins the chain, about every 2.5 minutes. Each block built on top adds another confirmation, making the transaction harder and harder to reverse.

The layers under the hood
Base layer
The chain, blocks and balances
Balances are tracked as unspent outputs in a chain of blocks, the same model Litecoin inherited from Bitcoin. A target block time of about 2.5 minutes keeps confirmations quick.
Consensus
Scrypt proof of work
Miners secure the network by solving Scrypt puzzles instead of Bitcoin's SHA-256. The block reward halves roughly every four years on the way to the 84 million LTC cap.
Upgrades
SegWit, Lightning and MWEB
Litecoin adopted Segregated Witness and supports the Lightning Network for fast, low-cost off-chain payments. The optional MWEB upgrade, added in 2022, offers more private and compact transactions.
What it supports natively
  • Fast payments, ~2.5 minute target block time
  • Lightning Network, low-cost off-chain transfers
  • SegWit, more efficient transaction format
  • MWEB, an optional more private transaction feature

Litecoin keeps the Bitcoin model and tunes it for everyday payments, with faster blocks and optional upgrades layered on top of a proven base.

Adoption & usage

A network you can verify.

Litecoin has run continuously since 2011 and is one of the longest-lived cryptocurrencies. The qualities below describe how the network is built and secured, not the price.

View on blockchair.com
Network design
Block time~2.5 min4x faster than BTC
HashingScryptPoW algorithm
Max supply84MHard cap
Halving~4 yrsReward cut in half
One of crypto's longest-lived networks

Continuous since 2011. Litecoin has produced blocks without interruption for over a decade, securing the chain with proof-of-work mining the whole way.

Designed forPayments

Fast, low-fee everyday payments and value transfer are Litecoin's core purpose, the reason behind the faster blocks.

Security · Proof of Work
ConsensusPoWScrypt mining
MinersGlobalIndependent operators
Block rewardHalving~every 4 years
Supply trendCapped84M maximum
Reliability
Continuous block production since launch in October 2011
Litecoin has produced a new block roughly every 2.5 minutes for more than a decade. Independent miners and full nodes keep any single operator from rewriting the chain or reversing settled payments.
2017 · SegWitLitecoin activated Segregated Witness, helping pave the way for the Lightning Network. The upgrade rolled out smoothly with no chain split, and the network has continued producing blocks as normal since.
Ecosystem

What Litecoin is used for.

The network is focused on fast, low-fee payments and value transfer, with a handful of optional upgrades layered on. Here is where it is actually used, and how it fits into the wider crypto economy.

litecoin.org

Everyday payments

Fast, low-fee transfers are Litecoin's original purpose. A ~2.5 minute block time means confirmations arrive quickly, which suits point-of-sale and peer-to-peer payments.

Lightning Network

With SegWit in place, Litecoin supports the Lightning Network for fast, low-cost off-chain payments that settle back to the main chain.

Store of value

A capped supply of 84 million LTC and a halving schedule give Litecoin a scarcity model similar to Bitcoin, which some holders treat as a long-term store of value.

MWEB transactions

The optional MWEB upgrade, added in 2022, offers more private and compact transactions for users who opt in, while standard transfers stay public.

Where activity sits on the network
1ŁOn-chain paymentsNative transfersCore use
2LLightning NetworkOff-chain paymentsActive
3SSegWit transactionsEfficient formatStandard
4MMWEBOptional · privateOpt-in
5Merchant paymentsPoint of saleGrowing

Silver to Bitcoin's gold

Litecoin is often described as a lighter, faster complement to Bitcoin, built on the same model with quicker blocks. Learn the basics in our crypto basics guides.

Network at a glance
Max supply84MHard cap
Live since2011October launch
In the Zypto App

Be the reason Litecoin ships next.

Litecoin isn't in the Zypto App yet. Add your voice and ask your followers to do the same, we prioritize the chains with the most demand. Live LTC data on this page stays fully available either way.

Be the reason Litecoin ships next.

Litecoin isn't in the Zypto App yet. Post the request to your followers and ask them to add their voice, we prioritize the chains with the most demand. Everything above stays fully live either way.

Available in the Zypto App · native asset

Litecoin's native asset is LTC. When integrated, it would be held in self-custody, your keys, your coins.

Get LTC in Zypto App

Accepted as Payment

Once integrated, LTC could be used for bills, top-ups and products through Zypto Pay. Request Litecoin above to help move it up the queue.

Swap & convert

CChangeNow LLetsExchange SSwapKit ZIn-app swaps
Layer 1 settlement LTC settles natively on the Litecoin chain. When integrated, Zypto would route swaps across these providers to convert LTC to and from other supported assets.

Litecoin isn't in the Zypto App yet. Request it above and these swap routes would apply once it ships.

History & FAQ

Over a decade of payments, plainly told.

Key milestones
2011
Litecoin launches
Charlie Lee, a former Google engineer, releases Litecoin in October 2011 as a fork of the Bitcoin codebase, with faster blocks and the Scrypt algorithm.
2017
SegWit activated
Litecoin adopts Segregated Witness, improving transaction efficiency and helping pave the way for the Lightning Network.
2017
Lightning support
With SegWit in place, the Lightning Network becomes available for fast, low-cost off-chain payments on Litecoin.
2019
Second halving
The block reward halves again as part of the roughly four-year schedule that slows new LTC issuance toward the 84 million cap.
2022
MWEB upgrade
Mimblewimble Extension Blocks go live as an opt-in feature for more private and compact transactions, alongside standard public transfers.
Key facts
LaunchedOctober 2011
Native assetLTC
ConsensusProof of Work (Scrypt)
Block time~2.5 minutes
Max supply84,000,000 LTC
Halving~every 4 years
Created byCharlie Lee
UpgradesSegWit · Lightning · MWEB
PaymentsProof of WorkLayer 1ScryptLightning
What is Litecoin in one sentence?
Litecoin is a Layer 1 proof-of-work blockchain for payments, forked from the Bitcoin codebase in 2011 with a faster target block time of about 2.5 minutes and the Scrypt hashing algorithm, and a maximum supply of 84 million LTC, its native asset.
What is the difference between Litecoin and Bitcoin?
Litecoin started as a fork of Bitcoin and shares much of its design. The main differences are a faster target block time of about 2.5 minutes, the Scrypt mining algorithm instead of Bitcoin's SHA-256, and a larger maximum supply of 84 million LTC against Bitcoin's 21 million. It is often described as a lighter, faster complement to Bitcoin.
How is Litecoin secured?
Litecoin uses proof-of-work mining with the Scrypt algorithm. Miners compete to add each block and earn the block reward, which halves roughly every four years. The network has produced blocks continuously since 2011, making it one of the longest-lived cryptocurrencies.
What is MWEB on Litecoin?
MWEB, or Mimblewimble Extension Blocks, is an optional upgrade added in 2022. It offers more private and compact transactions for users who choose to use it, while standard Litecoin transactions remain public on the chain.
Is Litecoin available in the Zypto App?
Not yet. Litecoin isn't in the Zypto App today, but you can request it, the chains with the most demand get prioritized. For live prices and charts in the meantime, see the LTC price page.
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