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LitecoinZ (LTZ)

$ 0.00
0.77 %
Main info
News
Comments
Markets
Analytics
Market cap
$12.4K
0.77 %
Circulating supply
15,598,187 LTZ
Max. supply
84,000,000 LTZ

Key data

updated $0
Market cap$12.4K
Volume 24h$0
Circulating supply15.6M19% of max 84M

LitecoinZ (ticker LTZ) is a community-driven cryptocurrency that positions itself as a privacy-focused alternative to Litecoin. In simple terms, it's a digital coin designed for fast, low-cost peer-to-peer transfers over its own blockchain, without banks or intermediaries in the middle. Like many coins in this niche, it aims to combine everyday usability with stronger anonymity features.

Frequently asked questions

What is LitecoinZ and how is it different from Litecoin?

Despite the similar name, LitecoinZ (LTZ) is a completely separate project with its own blockchain — it's not a fork of Litecoin in the practical sense. The main difference is its focus on privacy: LTZ uses zk-SNARKs technology to shield transaction details, while Litecoin offers no built-in privacy. It's a smaller, community-run project compared to the well-established Litecoin.

How does LitecoinZ work technically?

LitecoinZ runs on its own blockchain and uses a proof-of-work consensus mechanism, meaning miners validate transactions and secure the network. Its standout feature is the zk-SNARKs cryptography borrowed from the Zcash lineage, which allows users to make shielded transactions where the sender, receiver, and amount remain hidden. Users can choose between transparent and private addresses.

How is the supply of LTZ issued?

New LTZ coins enter circulation through mining rewards, similar to Bitcoin's model — there's no pre-mine or ICO behind the project. The total supply is capped, which means issuance is limited by design and gradually decreases over time via halving events. This scarcity model is standard for proof-of-work coins.

How can you store and use LitecoinZ?

LTZ can be stored in the official LitecoinZ desktop or mobile wallets, which support both transparent and shielded addresses. As a proof-of-work coin, it can also be obtained through mining with standard GPU/equihash hardware. Beyond holding, it's used for peer-to-peer transfers where privacy matters.