|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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BTC LTC PPC NMC QRK XPM WDC PTS MSC FTC NVC NXT DVC ZET DGC IFC CGB CLR ANC IXC TRC GLD BQC DOGE SXC SBC DTC TIX FLO DEM YAC MNC I0C GLC BTB TAG LKY GME BET FRK CSC BTE ARG JKC CRC NRB EZC NET Curecoin Ripple GRC CLOAK