$LTC Litecoin (LTC) is a peer-to-peer cryptocurrency that was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology [A](https://coinmarketcap.com/currencies/litecoin/?copilot_analytics_metadata=eyJldmVudEluZm9fY29udmVyc2F0aW9uSWQiOiJTeWNteVZpVFNkMW1YcDFWSEE2Z2UiLCJldmVudEluZm9fY2xpY2tEZXN0aW5hdGlvbiI6Imh0dHBzOlwvXC9jb2lubWFya2V0Y2FwLmNvbVwvY3VycmVuY2llc1wvbGl0ZWNvaW5cLyIsImV2ZW50SW5mb19jbGlja1NvdXJjZSI6ImNpdGF0aW9uTGluayIsImV2ZW50SW5mb19tZXNzYWdlSWQiOiJqQXhDQWh6d21Ubk40UDZFQnQ4NUEifQ%3D%3D&citationMarker=9F742443-6C92-4C44-BF58-8F5A7C53B6F1). It was created by Charlie Lee, a former Google employee, and was released in 2011 [A](https://coinmarketcap.com/currencies/litecoin/?copilot_analytics_metadata=eyJldmVudEluZm9fbWVzc2FnZUlkIjoiakF4Q0FoendtVG5ONFA2RUJ0ODVBIiwiZXZlbnRJbmZvX2NsaWNrRGVzdGluYXRpb24iOiJodHRwczpcL1wvY29pbm1hcmtldGNhcC5jb21cL2N1cnJlbmNpZXNcL2xpdGVjb2luXC8iLCJldmVudEluZm9fY2xpY2tTb3VyY2UiOiJjaXRhdGlvbkxpbmsiLCJldmVudEluZm9fY29udmVyc2F0aW9uSWQiOiJTeWNteVZpVFNkMW1YcDFWSEE2Z2UifQ%3D%3D&citationMarker=9F742443-6C92-4C44-BF58-8F5A7C53B6F1). Litecoin is often referred to as the "silver to Bitcoin's gold" due to its similar properties but with faster transaction confirmation times and lower fees [A](https://coinmarketcap.com/currencies/litecoin/?copilot_analytics_metadata=eyJldmVudEluZm9fbWVzc2FnZUlkIjoiakF4Q0FoendtVG5ONFA2RUJ0ODVBIiwiZXZlbnRJbmZvX2NsaWNrRGVzdGluYXRpb24iOiJodHRwczpcL1wvY29pbm1hcmtldGNhcC5jb21cL2N1cnJlbmNpZXNcL2xpdGVjb2luXC8iLCJldmVudEluZm9fY2xpY2tTb3VyY2UiOiJjaXRhdGlvbkxpbmsiLCJldmVudEluZm9fY29udmVyc2F0aW9uSWQiOiJTeWNteVZpVFNkMW1YcDFWSEE2Z2UifQ%3D%3D&citationMarker=9F742443-6C92-4C44-BF58-8F5A7C53B6F1).