Litecoin.com Launches in Bid to Boost Struggling Cryptocurrency

Litecoin, and by extension, most altcoins have been pretty quiet lately. In contrast with the altcoin hype just over one year ago, industry attention has either coalesced toward Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term or shifted to Bitcoin 2.0 and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term applications.

Up until recently, litecoin's price action has been pretty quiet as well, hovering within +/-10% of $1.80 since the early January volatility. Only recently has it resumed its descent, today falling into the mid-$1.60s.

In a bid to renew interest in the coin, a new website has been launched, litecoin.com. The site is a far more sophisticated than litecoin.org, the coin's older resource portal. Built with the increasingly common mobile friendly layout and groovier graphics, it includes the following:

- Resources and education about Litecoin

- Litecoin wallets for a variety of desktop and mobile operating systems

- A list of exchanges where litecoin can be bought/sold

- A directory of merchants where litecoin can be spent

- Providers of merchant integration services

The site also emphasizes that Litecoin can be very easily integrated with applications already supporting Bitcoin. Litecoin is branded as a "global decentralized currency based on blockchain technology".

The site was launched by the Litecoin Association, which has reportedly recruited the services of new developers and graphic artists.