$LTC Litecoin ($LTC) is a decentralized cryptocurrency created by Charlie Lee in 2011 as a faster and more scalable alternative to Bitcoin. It features a quicker block generation time (2.5 minutes) and lower transaction fees, making it ideal for everyday payments. Litecoin uses the Scrypt hashing algorithm, allowing broader mining participation. With strong security, high liquidity, and adoption by merchants and payment processors, $LTC remains one of the most recognized cryptocurrencies. It has undergone upgrades like MimbleWimble for enhanced privacy and scalability. Often referred to as "silver to Bitcoin’s gold," Litecoin continues to play a key role in the crypto ecosystem.