$BTC Litecoin (LTC) is a digital currency launched in 2011 by Charlie Lee as a faster and cheaper alternative to Bitcoin. It is based on blockchain technology and the Proof of Work (PoW) mechanism, with a block generation time of 2.5 minutes, making transactions faster. It uses the Scrypt algorithm, which makes mining easier than Bitcoin. It features low fees, making it suitable for digital payments and international transfers. It is used in trading and investing due to its relative stability. Its future depends on the adoption of technologies such as the Lightning Network and regulatory developments. Thanks to its speed and efficiency, Litecoin remains an important digital currency in the market. $BTC