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Litecoin basics

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code .Litecoin can be easily purchased and sold on a number of exchanges using all types of currencies. Find the one that’s right for you and get coins in minutes.Litecoin can be identified on exchanges under currency symbols LTC or XLT.

Litecoin Blockchain

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart – Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items

Open a wallet for Litecoin

Litecoin wallets

Litecoin Core is maintained by the Litecoin Core development team. This wallet is the pillar of the Litecoin p2p transaction network. It is referred to as a “full node” and once installed synchronizes with the network and joins it to relay transactions to other nodes. You can download wallets from


DOWNLOAD Litecoin Core 0.14.2 for GNU/Linux – 32 bit
DOWNLOAD Litecoin Core 0.14.2 for GNU/Linux – 64 bit

Litecoin software and release notes

In previous versions, getblocktemplate required segwit support from downstream clients/miners once the feature activated on the network. In this version, it now supports non-segwit clients even after activation, by removing all segwit transactions from the returned block template. This allows non-segwit miners to continue functioning correctly even after segwit has activated.

Due to the limitations in previous versions, getblocktemplate also recommended non-segwit clients to not signal for the segwit version-bit. Since this is no longer an issue, getblocktemplate now always recommends signalling segwit for all miners. This is safe because ability to enforce the rule is the only required criteria for safe activation, not actually producing segwit-enabled blocks


How to mine Litecoin

Litecoin mining pools

Easiest way to mine litecoin is to use a pool like  or

Litecoin Mining

You can learn more about Litecoin mining by visiting this ( Litecoin mining )

Litecoin Mining Reward

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.