#LitecoinETF

What is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency developed by the Proof of Work algorithm of Scrypt. The goal of LTC is to provide an alternative to Bitcoin by making modifications to the original Bitcoin protocol. Litecoin (LTC) was one of the first altcoins that were created. The Litecoin network launched on October 13, 2011. LTC has remained one of the largest cryptocurrencies by market capitalization since its inception.

Litecoin aims to make it easier for merchants to accept payments in LTC by processing transactions faster than on the Bitcoin blockchain. Litecoin and Bitcoin have some key differences; for example, transactions are faster on Litecoin, and this network has a larger total supply (84 million LTC). Additionally, the halvings of Litecoin have also been modified. Bitcoin undergoes a halving every 210,000 blocks, while Litecoin undergoes a halving every 840,000 blocks.

(source Binance)