Litecoin (LTC)

About Litecoin

Litecoin is a cryptocurrency that is largely similar to Bitcoin. Fundamentally, Litecoin is also a decentralized cryptocurrency which utilizes similar protocols as Bitcoin except for a few parameter tweaks, making it more cost-effective and quicker, therefore suitable for micro-transactions and point-of-sale payments. The cryptocurrency was created to be a "lite version of Bitcoin" focusing on simplicity and clear utility benefits.