The peer-to-peer, open-source, blockchain-powered technology known as crypto-currency creates digital units of value built for fast virtual exchange. The resulting currencies are celebrated by Crypto Commemorative with physical memorabilia: silver or gold rounds that come with specific designs customized to represent specific cryptocurrencies or exchanges. One of the big players in crypto is Litecoin, an “altcoin” to the biggest currency Bitcoin, designed to be “silver to Bitcoin’s gold” that supports widespread exchange availability and liquidity. The remarkable technical achievement of Litecoin is paid tribute by the 5 Gram Crypto Commemorative Litecoin Gold Round, now available from JM Bullion.
- Ships in a plastic flip, with individual cards collected in plastic bags available for multiples of 10!
- Features the official logo of Litecoin!
- Individual packaging contains a Certificate of Authenticity!
- Contains 5 grams (.1607 Troy oz) of .9999 pure gold.
- The Litecoin logo appears on the round’s obverse side.
- The reverse side features the signature design of Crypto Commemorative.
One of the problems that cryptocurrency is constantly trying to solve is making sure that transactions are legitimate and get added correctly to the currency’s blockchain. In the context of Bitcoin, this process is carried out by a global computer network running the currency’s code to check and recheck the addition of a series of transactions — called a “block” — to the blockchain. Attempts to increase the speed and fairness of the “mining” process and to make the currency more widely accessible have resulted over the years in “altcoins” that make technical adjustments to the process. The first of those offerings was Litecoin, which forked from the Bitcoin blockchain in 2011, sporting its own proof-of-work algorithm and a faster interval for confirming transactions.
The Crypto Commemorative Litecoin Gold Round is shipped in individual plastic flap packaging, and also comes as a series of cards contained within plastic bag packaging in multiples of ten. Individual packaging comes with a Certificate of Authenticity, and JM Bullion fully insures each shipment against loss or damage.
The obverse side of this round features the Litecoin symbol — a simple L with a diagonal slash — against a spiral backdrop of circuitry representing the digital power behind crypto, interspersed in an alternating pattern with solid bars to represent the currency’s altcoin origin.
On the reverse side, an intricate official design of Crypto Commemorative dominates the field. It includes a computer chip-inspired backdrop that contains the MJB initials in a square decorative detail, along with a confirmation of purity in the inscription “.9999 Gold.”
The team at JM Bullion is always on hand to help when you buy gold. You can reach us by phone at 800-276-6508, send us an e-mail, or connect with an agent through our convenient online chat.