The origins of Litecoin date back to 2011. The established cryptocurrency received a ticker LTC and a Ł symbol. At the time of introducing the network to the world, Litecoin founders had the idea of creating a network that would eliminate the major Bitcoin flaws. The creation of Litecoin is definitely much less mysterious than the one of BTC. The original idea of creating a better, faster and lighter Bitcoin belongs to Charlie Lee, a former Google member. The creator of Litecoin is very active on social media and does not hesitate to share his opinions – you can check it on Lee’s Twitter.
Despite the fact that Litecoin is based on some of Bitcoin’s technical solutions, it is important to say that LTC was successful in increasing the number of processing transactions as well as their speed. Nowadays, Litecoin is a popular cryptocurrency with its own follower base. Head to the Foundation website for more Litecoin news and updates.
LTC is a peer-to-peer open-source cryptocurrency. As for the use, Litecoin can be divided into 100,000,000 smaller units, defined by eight decimals. The price of Litecoin is corrected in a traditional cryptocurrency manner – by the coin’s supply and demand.
Litecoin is the first altcoin that was created after the Bitcoin Core client hard fork. Hard forks are radical upgrades of networks that lead to chain splits. After Bitcoin hard fork on October 13, 2011, Litecoin went live with a decreased block generation time, increased maximum supply and a different hashing algorithm.
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Before buying any cryptocurrency, it is necessary to find secure storage. Litecoin, along with Bitcoin and Ethereum, is one of the most widespread cryptocurrencies. Guarda offers cryptocurrency wallet on various platforms – Web, Desktop, Mobile and Chrome Extension. Guarda Litecoin wallet is a secure, non-custodial solution for cryptocurrency holders. Guarda supports a variety of crypto coins and tokens and the new currencies are added to the list on the usual basis. The best Litecoin wallet provided by Guarda can help in storing, sending, receiving and exchanging LTC. Guarda wallet requires no registration or account creation to start using. You can also read more on other popular LTC wallets in our blog review and Medium post.
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Mobile cryptocurrency wallets are a hot addition to the crypto market. Cryptocurrency apps make the daily coin management much easier for the users. Android and iOS Litecoin wallets are present in abundance, so the choice of the right one can be a little complicated. A trustworthy mobile crypto wallet needs to offer a secure private key encryption, easy backup management and, in the best of cases, possibility of multiple device management.
We offer both multi-currency and single-currency wallets for LTC.
Your phone is everything you need to start managing LTC. Get Guarda Litecoin Wallet App now:
Download open-source single currency LTC wallet application:
Learn more on the single-currency open source Litecoin Wallet on Guarda Freshdesk
Guarda Wallet is a multicurrency non-custodial light wallet. We support the most popular coins and tokens, and Litecoin is one of them! It is easy to use, you don’t even need to create an account and you can feel secure about your coin – we don’t store any of the user’s personal data.
Guarda was designed as an interface where clients can manage, store, transfer and receive coins and tokens.