$LTC
Litecoin ($LTC)
Litecoin (LTC) is a decentralized cryptocurrency designed for fast, low-cost transactions. Created by Charlie Lee in 2011, it is often called the "silver to Bitcoin’s gold."
Key Features:
Faster Transactions: 2.5-minute block time vs. Bitcoin’s 10 minutes.
Low Fees: Ideal for microtransactions and cross-border payments.
Security & Decentralization: Uses the Scrypt hashing algorithm for mining.
Widespread Adoption: Accepted by merchants and supported by major exchanges.
MimbleWimble Upgrade: Enhances privacy and scalability.
LTC remains a strong alternative to Bitcoin, offering a balance of speed, security, and usability. Its role in payments and store-of-value narratives keeps it relevant in the evolving crypto landscape.