Litecoin, which is sometimes called “silver'' in distinction to Bitcoin's “gold'', celebrates its 14th anniversary at the moment.
October 7, 2011 is Litecoin's official birthday, as the primary block of the Litecoin blockchain, the Genesis block, was mined by Litecoin creator Charlie Lee. This marked the official starting of the Litecoin community.
On October 7, 2011, the primary block of the Litecoin blockchain, the Genesis block, was mined by @SatoshiLite, marking the official starting of the Litecoin community. Litecoin’s Genesis Hash was particularly generated deliberately utilizing the Scrypt hashing algorithm.
It's over… pic.twitter.com/WL5NTIaUra
— Litecoin Basis ⚡️ (@LTCFoundation) October 7, 2025
Litecoin's Genesis Hash for Litecoin is generated utilizing the Scrypt hashing algorithm, which has stood the check of time and stays a elementary pillar of blockchain.
Genesis Hash additionally performs a key function in making certain the safety, consensus mechanism, and general integrity of the Litecoin community.
In early October, Litecoin reported that its mining issue had hit a brand new excessive, surpassing the 100 million mark for the primary time.
As extra hashing energy is added to the Litecoin mining community, the issue should enhance to forestall blocks from being generated too shortly.
litecoin information
SEC misses deadline for Canary Capital's SpotlightCoin exchange-traded fund. U.S. regulators took no motion by October 2, the unique deadline for a call. It stays unclear whether or not the SEC's silence on Canary's Highlight Coin ETF is as a result of authorities shutdown or on account of new generic itemizing requirements that would render the 19b-4 deadline meaningless.
In early October, REX-Osprey filed for an LTC ETF below the 1940 Act, which doesn’t fall below the brand new generic itemizing requirements.
On the time of writing, LTC had fallen 2.86% to $116 previously 24 hours, however was up 11% for the week.
