#LitecoinETF Litecoin is one of the most popular cryptocurrencies at the moment, and it is based on peer-to-peer as an open source software project under the MIT/X11 license. The currency is created and transmitted based on an open source cryptographic protocol, and is not controlled by any central authority. This currency was inspired by the famous Bitcoin currency when it was created in 2011 and is almost identical to it in many technical details.