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About Litecoin
Litecoin (LTC), launched in 2011 by former Google engineer Charlie Lee, is one of the earliest and most enduring cryptocurrencies. Created as a fork of Bitcoin, Litecoin was designed to offer faster transaction confirmations, lower fees, and a different hashing algorithm (Scrypt) to make mining more accessible. Often referred to as the “silver to Bitcoin’s gold,” Litecoin aims to complement Bitcoin by serving as a practical option for everyday payments rather than a store of value. It also features a higher supply cap of 84 million coins compared to Bitcoin’s 21 million, enhancing its scalability for global adoption.