Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
Like Bitcoin, Litecoin exists as a blockchain where participating nodes process transactions, and miners provide security and verification for each of those transactions.
Litecoin was originally conceived and developed by Charlie Lee in 2011. Since its launch in 2011 Litecoin has seen steady adoption with an active community of traders, merchants, and developers.
Grayscale's Bitcoin Cash and Litecoin offerings are trading at a more than 1000% premium compared to underlying asset value, according to market performance data published on its website. The post Grayscale’s Bitcoin Cash and Litecoin products are trading at premiums of more than 1,000% appeared first on The Block.
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