๐ Litecoin (LTC) Overview โ โSilver to Bitcoinโs Goldโ ๐ช
๐นit is Launched at ๐ Oct 7, 2011 (Software released) โก Oct 13, 2011 (Network live)
๐จโ๐ป Creator was Charlie Lee......
but lets see๐ง Features of LTC ๐
โ๏ธ Block Time: 2.5 min (vs BTCโs 10 min)
๐ฐ Total Supply is 84M LTC
๐ง PoW Algorithm is Scrypt (meant to resistASICs)
๐งพ Transactions done by Fast, low fees, pseudo-anonymous...
๐ ๏ธ Open-source, decentralized, irreversible
โก Milestones....
โ 2017: SegWit & first Lightning Network transaction
๐ Often tests upgrades before BTC
๐ผ Use Case....
๐ณ Fast peer-to-peer payments
๐ฆ Digital store of value
๐ธ Lower fees vs BTC
โ ๏ธ Lower liquidity & market cap
๐ฃ๏ธ Though some call it a "testnet for BTC," LTC remains a reliable, decentralized crypto with active development and real-world utility.
