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Litecoin (LTC) Celebrates Historic Uptime Milestone: Details

Author: Content Editor
The cryptocurrency Litecoin (LTC) has achieved a major milestone by maintaining a 100% uptime record since its inception in 2011. The Litecoin network has been continuously operational for over 13 years, processing transactions and securing the blockchain without any interruptions. This is a rare achievement in the cryptocurrency space, where technical issues and network outages are common. Litecoin's use of the Scrypt algorithm for proof-of-work (PoW) consensus is lauded for its power efficiency and accessibility, allowing more people to engage with the network. The Litecoin network recently reached a milestone in hashrate and has seen an increase in daily active addresses. Long-term holders make up the majority of Litecoin addresses, with 54% currently in profit. Despite a slight decrease in price, Litecoin remains one of the largest cryptocurrencies with a market valuation of $7.48 billion.

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