Litecoin (LTC) is one of the oldest cryptocurrencies in existence after Bitcoin, carrying launched in Oct 2011. It was grown by Charlie Lee, who stays concerned with the silver to this day. Litecoin is a flare of Bitcoin so shares many of the same characteristics but advantages from shorter retard era times of around 2.5 minutes, permitting exchange to transparent faster. Litecoin also has reduce transaction fees than Bitcoin and can be used as a digital banking on the web to compensate for products and services and to play at crypto casinos. The value of Litecoin has grown significantly, and the currency’s marketplace top now exceeds $2 billion. Part of Litecoin’s swell in recognition in 2017 has been attributed to the banking adopting a number of new facilities such as Segregated Witness and the Lightning Network, record which allows the network to routine more transactions.
Article source: https://coincodex.com/crypto/litecoin/