The Coin Detective
Coins:
1984
Market cap:
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BTC dominance:
51.2%

Why You Should Care About Litecoin: It's the Backbone of Dogecoin

By coindesk.com on August 2, 2023


Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.” Dogecoin is a frequent social-media topic for Tesla CEO Elon Musk.

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Related coins: Litecoin, Dogecoin