The original major cryptocurrency, Bitcoin, is maintained by a process run by global computer networks called mining, which periodically checks the validity of transactions and verifies them. Changes and advancements to that process have produced “forks” in the blockchains of various crypto-currencies: these are called altcoins, the first and most famous of which was Litecoin. Still one of the most valuable cryptocurrencies today, Litecoin’s algorithmic and speed-of-confirmation innovations have generated immense value over the years. The Crypto Commemorative Litecoin 5 Gram Gold Round, now on offer from Provident Metals, celebrates that achievement.

Highlights:

• Comes in a plastic flip, with individual cards gathered in plastic bags for multiples of 10!
• Showcases the official logo of Litecoin!
• Comes with a Certificate of Authenticity!
• Contains 5 grams, .1607 Troy oz, of .9999 pure gold.
• The Litecoin logo is featured on the round’s obverse side.
• The reverse side features the Crypto Commemorative signature design.

The Crypto Commemorative Litecoin Gold Round provides intricate engraved artwork in pure gold. Each round comes fully insured against loss or damage by Provident Metals, shipping in individual plastic flap packaging or as a series of cards contained within plastic bag packaging in multiples of ten. All individual packaging comes with a Certificate of Authenticity inside.

Obverse

The obverse side of the round features Litecoin’s minimalist logo. an “L” with a diagonal cross through it. It’s set 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.

Reverse

The round’s reverse side features the signature official design of Crypto Commemorative. This includes a computer chip-inspired backdrop motif that contains the MJB initials in a square decorative detail, accompanied by a confirmation of purity in the inscription “.9999 Gold.”

History

The crypto-currency movement employs a cluster of technologies including hyper-fast global computing networks, peer-to-peer transactions, open-source coding, and a unique kind of privacy protocol called the blockchain. They’re all aimed at creating digital units of value, and they’re carefully managed by dedicated teams who use a process called “mining” to check and re-check the validity of their transactions. Enhancing that process has led to forks in blockchains of various currencies called altcoins, each featuring its own enhancements to the technologies of its parent currency. First and most among the altcoins was Litecoin, forked from Bitcoin in 2011 and featuring its own proof-of-work algorithm and faster confirmation of transactions.

Ordering

At Provident Metals. we’re always happy to answer your questions about any item we have on offer. Call us at 800-313-3315, talk with an agent at our convenient online live chat, or send us an e-mail.