#LitecoinETF

Litecoin $ is a decentralized cryptocurrency launched in 2011 by former Google engineer Charlie Lee. Designed as a "lighter" version of Bitcoin offers faster transaction speeds and lower fees, making it a practical choice for everyday payments. It uses the Scrypt hashing algorithm, which differs from Bitcoin's SHA-256, allowing for more accessible mining with consumer-grade hardware. With a block generation time of just 2.5 minutes—four times faster than Bitcoin—Litecoin enables quicker confirmations and improved scalability.

LTC has a maximum supply of 84 million coins, ensuring scarcity while maintaining security through a proof-of-work consensus mechanism. It is widely accepted on payment platforms, exchanges, and even by merchants worldwide. Frequently referred to as the "silver to Bitcoin’s gold," Litecoin remains one of the top cryptocurrencies, valued for its reliability, decentralization, and long-standing presence in the crypto space. It continues to evolve with developments like the Lightning Network and MimbleWimble for enhanced privacy.