Litecoin (LTC) 🥈
Dubbed "the silver to Bitcoin's gold," Litecoin was created in 2011 by former Google engineer Charlie Lee. It's a peer-to-peer internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin shares many similarities with Bitcoin but differentiates itself with a faster block generation time and a different hashing algorithm (Scrypt).
Litecoin aims to be more suitable for everyday transactions due to its faster transaction speeds and lower fees. While it may not have the same market capitalization as Bitcoin, it remains a popular and widely accepted cryptocurrency for payments and has carved out its niche as a reliable digital asset.
