LTC MultiSig Cold wallet

Litecoin (LTC) MultiSig Wallet

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Litecoin MultiSig wallet
Litecoin Cold wallet

About Litecoin (LTC)

What is

Often called the silver to Bitcoin’s gold, Litecoin is a fork of the Bitcoin protocol created by Charlie Lee and released on October 7th, 2011. A former Google employee, Lee was one of the first to officially fork the Bitcoin protocol and attempt to optimize it by changing ‘consensus rules’ of the blockchain such as the block time, which he converted from 10 minutes to 2.5 minutes.


Litecoin similarly has a different supply than Bitcoin. Rather than the 21 million supply cap of BTC, Litecoin has an 84 million cap. Litecoin also deploys the Scrypt hashing algorithm, which is slightly different from Bitcoin’s SHA-256 algorithm.

Despite their minute technical differences, Bitcoin and Litecoin are often viewed in a similar light, with Litecoin the ‘little brother,’ so to speak. Over the years, Litecoin has consistently remained within the top 10 of cryptocurrencies by market cap, in large part as a sort of experimentation ground for upgrades that would be compatible with Bitcoin.