Litecoin(LTC)Litecoin(LTC) was created in 2011 with the goal of improving transaction speed compared to Bitcoin.
It achieves this by reducing the block time to 2.5 minutes and adopting the Scrypt algorithm, which was originally designed to be more resistant to ASIC mining.
Algorithm: Scrypt
Block Time: 2.5min
Max Supply: 84M LTC
Block Reward(First Block): 50 LTC
Block Reward(Current): 6.25 LTC
Halving Schedule: Every 840K blocks
Difficulty Adjustment: Every 2016 blocks
Preferred Mining Hardware: ASICs
Preferred Mining Software: Visit Mining Softwares Page.
Pool Explorer: MiningPoolStats
Useful Links:
Official Litecoin Site
Litecoin Explorer
Useful Documents:
Litecoin Whitepaper