$LTC

Litecoin (LTC) is a decentralized cryptocurrency created in 2011 by Charlie Lee as a faster, more scalable alternative to Bitcoin. Often referred to as the "silver to Bitcoin’s gold," Litecoin features a similar proof-of-work consensus mechanism but with key differences, including a shorter block time (2.5 minutes) and a different hashing algorithm (Scrypt). These enhancements enable quicker transactions and lower fees, making LTC a preferred option for everyday payments.

Litecoin has maintained strong adoption, with support from major exchanges, payment processors, and merchants worldwide. It also pioneered technologies like Segregated Witness (SegWit) and the Lightning Network, improving transaction efficiency.

While lacks the smart contract functionality of Ethereum, its stability, security, and longevity continue to attract investors and users. As a widely recognized digital asset, Litecoin remains a reliable store of value and an efficient medium of exchange, playing a vital role in the evolving cryptocurrency landscape.