🪙 Litecoin $LTC — The Silver to Bitcoin’s Gold
Litecoin was created in 2011 by former Google engineer Charlie Lee as a lighter, faster version of Bitcoin $BTC
. It shares much of Bitcoin’s original codebase but makes key improvements in transaction speed and fees.
Block Time: 2.5 minutes (vs. Bitcoin’s 10 mins)
Supply Cap: 84 million coins
Consensus: Proof of Work (Scrypt algorithm)
Use Case: Peer-to-peer payments, remittances, digital cash
Litecoin has stood the test of time. It’s a reliable, low-fee digital currency often used as a testing ground for Bitcoin innovations, such as SegWit and the Lightning Network.
LTC $LTC has slower growth compared to newer coins, but it's considered a "blue-chip" crypto — a stable, battle-tested project still used globally for payments and transfers.
Litecoin was one of the first coins listed on Coinbase and still has high liquidity across all major exchanges.