Litecoin Tables

Allium supports raw Litecoin data.

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Litecoin UTXO

Litecoin UTXO, short for Unspent Transaction Output, represents a specific amount of LTC that has been sent to a recipient and not yet spent.

When a new transaction occurs, it references and consumes specific UTXOs as inputs and creates new UTXOs as outputs.

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Litecoin Features

The satoshi is the smallest denomination of LTC, with 100 million satoshis in each LTC.

Litecoin is a fork of Bitcoin that was created as a faster, more efficient alternative to Bitcoin. It uses the same UTXO model as Bitcoin but with some key differences:

  • Faster block time (2.5 minutes vs Bitcoin’s 10 minutes)
  • Uses Scrypt as its proof-of-work algorithm instead of SHA-256
  • Higher total supply cap (84 million LTC vs 21 million BTC)
  • Lower transaction fees
  • More efficient mining process