The crypto currency market has evolved quickly in the 2010s following the 2009 release of Bitcoin. The first crypto currency offered as an alternative to Bitcoin was Litecoin. Introduced in 2011, Litecoin is considered the first altcoin and is among the more well-known options. Today, 1 oz Silver Proof Crypto Commemorative Litecoin Rounds are available to you online at Silver.com.
- Available to ship to you inside of protective plastic capsules featuring an included Certificate of Authenticity!
- One of the six options in Hotco’s Crypto Commemorative collection!
- Individual serial numbers featured!
- Mintage limited to 2,500 rounds only!
- Consists of One Troy ounce of .999 fine silver.
- Obverse includes the Litecoin symbol.
- Reverse features the common computer-coding design.
- Proof version.
From 2009 to late 2011, Bitcoin was the only option for those who wanted to use crypto currencies for secure, anonymous peer-to-peer transactions. Litecoin was the first of the altcoins introduced when it arrived in 2011, and it is likely responsible for the continued growth as other forms of crypto currency began to emerge quickly after Litecoin’s introduction. This includes Bitcoin Cash that split from Bitcoin, Ethereum, and Dash, to name a few.
All 1 oz Silver Proof Crypto Commemorative Litecoin Rounds in this product listing at Silver.com come to you with a protective plastic capsule. The rounds are available with individual serial numbers and feature a Certificate of Authenticity reflecting that same serial number. Proof silver rounds such as these have frosted designs overlaying mirrored background fields.
On the obverse of 1 oz Silver Proof Crypto Commemorative Litecoin Rounds is the image of Litecoin’s symbol. Like many other forms of fiat currency, Litecoin uses a single letter as a representative symbol for the currency. Litecoin’s symbol includes a capital letter “L” with an angled-horizontal line through the vertical arm of the “L.”
Litecoin is similar in all of its technical details to Bitcoin and most other forms of crypto currency. It was released with open-source software and transfer of the coins occurs through open-source cryptographic protocol. Unlike crypto currencies such as Bitcoin, Litecoin has a much faster block process that occurs every 2.5 minutes. Bitcoin, on the other hand, processes blocks every 10 minutes. This allows for faster transactions involving Litecoin.
The reverse face of all 1 oz Silver Proof Crypto Commemorative Litecoin Rounds are all available with a design that is a physical interpretation of computer coding and networking that powers the processing of crypto currency transactions.
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