What is the LTC network

The LTC network, which stands for Litecoin, is a peer-to-peer transaction platf

What is the LTC network

The LTC network, which stands for Litecoin, is a peer-to-peer transaction platform based on cryptography and blockchain technology. Running on top of the underlying protocol is a decentralized and programmable smart contract system that allows users to transact with digital assets without paying any fees. Additionally, the blockchain technology used by LTC network supports various applications and reduces transaction costs.

Created in 2014 by David Wright, a Ph.D. student in the Computer Science Department at Stanford University, LTC is a peer-to-peer electronic cash project. (Source: BlockBeats)

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