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Litecoin (symbol: Ł; abrev: LTC) is a crypto-software supported by a peer-to-peer network and a free software project released under the MIT license. It is inspired and almost technically similar to Bitcoin (BTC). The creation and transfer of Litecoin is based on an open source cryptography protocol and is not managed by a central authority. The developers of Litecoin want to try to improve and offer three fundamental differences.
Litecoin was released through an open source client in Github on October 7, 2011. It was a confluence of the Bitcoin-Qt client, differing only by having a modified block generation time, a diverse hashing algorithm, and a slightly changed GUI. The current version of this client (as of April 19, 2013) is v0.6.3c.
In one year, litecoin increased by 2,592%.
On August 23, 2013 Bitcoin Market started working with Litecoins. We were the first Exchange to buy and sell this currency in Reais.Throughout this year, there have been many important changes in this crypto-currency that have impacted the entire community.Not coincidentally, litecoin is the second most traded currency in the Bitcoin Market and has great repercussion in every crypto-currency market.In the last year, the appreciation of litecoin was enormous. On September 1, 2016, litecoin was traded at R $ 13.00 at the Bitcoin Market.

Edited by CARLOSP1
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