Name : Litecoin (LTC)
LTC Price : $82.985 -4.79%
Consensus Mechanism : Proof of Work
Volume: 541,885,429
Market Cap: 6,179,075,934
Shariah Judgement
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Last Screening: Q3 2023
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Overview
Litecoin is a decentralized, open-source digital currency designed for quick and cost-effective global transactions. It operates without central authorities, relying on mathematics to secure the network and grant users control over their finances. Compared to other cryptocurrencies, Litecoin offers faster transaction confirmations and enhanced storage efficiency. With strong industry backing and liquidity, Litecoin serves as a reliable medium of exchange, working alongside Bitcoin.
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