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Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.
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No matter what kind of domain you want to buy, lease or rent, we make the transfer simple and safe. It works like this:
Step 1: You buy, rent or lease the domain name
You will find the available purchasing options set by the seller for the domain name litecoin.id on the right side of this page.
Step 2: We facilitate the transfer from the seller to you
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Step 3: Now that the domain is officially in your hands, we pay the seller.
And we’re done! Unless you require our assistance. Our transfer team is available for free post-transfer assistance.