The Litecoin blockchain is a public, decentralized network that records every transaction ever made with Litecoin. Each transaction is grouped into a block, and all blocks are linked together in a continuous chain — hence the term “blockchain”.
What Happens When You Send Litecoin
When you send or receive LTC, the transaction is broadcast to the network. Thousands of nodes verify the details — who sent it, how much, and where it’s going. Once validated, the transaction is added to a new block and permanently stored on the blockchain.
- Transactions are verified by multiple computers (nodes).
- Every node stores a full copy of the Litecoin ledger.
- This makes the system secure, transparent, and impossible to fake.
Miners & Nodes
Nodes are the backbone of the network. They share information, validate blocks, and enforce the rules. Miners add new blocks to the chain by solving cryptographic puzzles. For every successful block, they receive newly created Litecoins — currently 6.25 LTC per block after the 2023 halving.
This mechanism ensures blocks are added about every 2.5 minutes, much faster than Bitcoin’s 10 minutes.
Litecoin Core & Blockchain Explorers
The official Litecoin software, Litecoin Core, runs a full node that downloads and verifies the entire blockchain. You don’t need to run it to use Litecoin, but it’s what keeps the network decentralized and transparent.
You can explore every Litecoin transaction using public blockchain explorers:
Key Takeaway
The Litecoin blockchain has been running continuously since October 2011 — with zero downtime. That stability and transparency make it one of the most trusted crypto networks in the world.
Want to use your Litecoins? Check the Top 10 Litecoin Casinos