Litecoin ($LTC ) is a peer-to-peer cryptocurrency and an open-source software project. It's often referred to as "silver to Bitcoin's gold." Here are some key points about LTC:💖💖💖
*Key Features:*😇
1. *Faster transaction times:* Litecoin has a block time of 2.5 minutes, compared to Bitcoin's 10 minutes.
2. *Scrypt algorithm:* #Litecoin uses the Scrypt algorithm, which is more energy-efficient and accessible to a wider range of users.
3. *Increased supply:* Litecoin has a maximum supply of 84 million coins, compared to Bitcoin's 21 million.
*Use Cases:*
1. *Payments:* Litecoin can be used for online transactions, such as buying goods and services.
2. *Investment:* Some people invest in Litecoin as a store of value or a potential long-term investment.
*Current Market Status:*🥳🥳🥳🥳
You can check the current price and market trends of Litecoin on cryptocurrency exchanges or websites like CoinMarketCap or CoinGecko.
What's your interest in #TradingTypes101 ?