|Date introduced:||7 October 2011|
|Inflation||Limited release (geometric series, rate halves every 4 years reaching a final total of 84 million LTC)|
Litecoin was the first altcoin, an alternative cryptocurrency to bitcoin. Its proof of work system was created to avoid mining with GPUs and FPGAs, but people still quickly managed to mine with GPUs. However, thus far no FPGA or ASIC mining has been developed. There will be a maximum of 84M LTC in circulation.
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ANC ARG BET BQC BTB BTC BTE CGB CLOAK CLR CRC CSC Curecoin DEM DGC DOGE DTC DVC EZC FLO FRK FTC GLC GLD GME GRC I0C IFC IXC JKC LKY LTC MNC MSC NET NMC NRB NVC NXT PPC PTS QRK Ripple SBC SXC TAG TIX TRC WDC XPM XSPEC YAC ZET LBRY CREDITS (LBC)