Faster, lighter version of the Bitcoin, created for daily spending.
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency released under the MIT/X11 license. Litecoin was invented by Charlie Lee in October 2011. It is a global decentralized currency based on blockchain technology and an open source software project.
This cryptocurrency features a capacity to handle a higher volume of transactions instantly with extremely low payment transaction cost. Litecoin is recognized as a global payment network. To process a block, litecoin takes 2.5 minutes and has a maximum total supply of 84 million units.
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