LTC

LTC is an initialism that can refer to several different terms across technology, health care, and the military. The most common references are Litecoin, long-term care, and the rank of lieutenant colonel.

Litecoin (LTC) is a cryptocurrency launched in 2011 by Charlie Lee as a peer-to-peer digital currency. It is a fork of Bitcoin Core designed to offer faster transaction confirmations, with a target block time of about 2.5 minutes. Litecoin uses the Scrypt proof-of-work algorithm and has a maximum supply of 84 million coins. New coins are minted through block rewards and undergo halving approximately every 840,000 blocks, roughly every four years. LTC is traded on many exchanges and supported by various wallets and payment services.

Long-term care (LTC) refers to a range of services for people who have chronic illness, disability, or age-related needs and require assistance with daily activities. Services can be provided in institutional settings such as nursing homes and rehabilitation facilities, or in home- and community-based settings such as in-home care and adult day care. Financing and coverage vary by country and program. In the United States, arrangements may involve private pay, long-term care insurance, and public programs like Medicaid, with eligibility and benefit rules that differ by state.

Lieutenant colonel (LTC) is a senior commissioned officer rank in many armed forces, including the United States Army and Air Force. The rank sits above major and below colonel, and is typically associated with substantial command or staff responsibilities. The insignia for this rank is a silver oak leaf in the U.S. armed services.