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The inception and concept of LitecoinX was initialized in the year 2014. The coin was initially derived from Litecoin, which itself was modified version of the Bitcoin blockchain. This coin was abandoned by the developers moving onto other projects, within a short time of launch in 2014 and mining capabilities and upkeep were halted at this time. In 2017, LitecoinX was revived and mining operations continued. In 2018, this coin continues to expand with an open opportunity to trade LitecoinX cryptocurrency on exchanges. The primary aim of LitecoinX is giving users more security, superior speed, and scalability over other blockchains in existence. The LitecoinX blockchcain creation and transfer of coins is based on secure open source cryptographic protocol.
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