Litecoin was one of the first cryptocurrencies to be released after Bitcoin. Launched in 2011 by Charlie Lee, Litecoin is intended to be the “digital silver” to Bitcoin’s digital gold. Litecoin has four times greater supply (a total of 84 million LTC, against 21 million BTC) and four times faster blocks (2.5 minutes instead of 10 minutes). Its mining algorithm, Scrypt, was designed to be more accessible for everyday users, and was harder to develop specialist chips to mine.
What is Litecoin?
0.003395 Litecoin = 1 Australian Dollar (AUD)
|LTC [Litecoin]||AUD [Australian Dollar]|
|0.01 Litecoin||=||2.9457 Australian Dollar|
|0.1 Litecoin||=||29.4573 Australian Dollar|
|1 Litecoin||=||294.5729 Australian Dollar|
|2 Litecoin||=||589.1459 Australian Dollar|
|3 Litecoin||=||883.7188 Australian Dollar|
|5 Litecoin||=||1472.8647 Australian Dollar|
|10 Litecoin||=||2945.7294 Australian Dollar|
|20 Litecoin||=||5891.4588 Australian Dollar|
|50 Litecoin||=||14728.6470 Australian Dollar|
|100 Litecoin||=||29457.2941 Australian Dollar|
|1000 Litecoin||=||294572.9407 Australian Dollar|