LTC Token typically refers to Litecoin (LTC), which is a decentralized cryptocurrency created in 2011 by Charlie Lee. It's one of the earliest cryptocurrencies and is often referred to as the "silver to Bitcoin's gold."
Key Facts About Litecoin (LTC):
Ticker: LTC
Launch Year: 2011
Founder: Charlie Lee
Consensus Mechanism: Proof-of-Work (PoW)
Algorithm: Scrypt (as opposed to Bitcoin's SHA-256)
Block Time: ~2.5 minutes (faster than Bitcoin's ~10 minutes)
Max Supply: 84 million LTC (4x Bitcoin's 21 million)
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