Halal crypto ratings

LTC (Litecoin)

Network Purpose

Litecoin (LTC) is a decentralised peer-to-peer payment coin. It was created as a fork of the Bitcoin Core client and is often referred to as the "silver to Bitcoin's gold."

Token Use Cases

1. Payments
2. Cross-border transactions
3. E-commerce
4. Store of value attempt

Protocol & ConsensusMechanism

Proof-of-Work

Tokenomics

Litecoin's total supply is capped at 84 million

Shariah Compliance

Compliant

Shariah PowerRating

3.5/10