> For the complete documentation index, see [llms.txt](https://lightcoin.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lightcoin.gitbook.io/documentation/mainnet/what-is-a-lightcoin.md).

# What is a Lightcoin?

Lightcoin is an open-source, decentralized peer-to-peer currency with a Proof of Stake consensus algorithm, multi-purpose Masternodes, and a multi-chain structure with Staking and NFT mechanisms.