$LTC Litecoin (LTC) is a cryptocurrency created in 2011 by Charlie Lee, based on Bitcoin but with faster transactions (blocks every 2.5 minutes) and lower fees. It has a maximum supply of 84 million and uses the Scrypt algorithm for mining. It is secure, decentralized, and experiences halvings every 4 years. Its adoption is widespread, being accepted for payments and used in technologies like Lightning Network.