Litecoin (LTC) is a digital currency that was created in 2011 by former Google engineer, Charlie Lee. It is often referred to as the “silver to Bitcoin’s gold” due to its similarities to Bitcoin. However, Litecoin has some distinct features that set it apart from its predecessor.

One of the key differences between Bitcoin and Litecoin is the mining algorithm. While Bitcoin uses SHA-256, Litecoin uses Scrypt, which allows for faster transaction verification times. This means that Litecoin transactions are processed more quickly than Bitcoin transactions.

Another important feature of Litecoin is its maximum supply cap of 84 million coins, four times higher than Bitcoin’s limit of 21 million. This has led to Litecoin being seen as a more accessible and affordable option for investors looking to get involved in cryptocurrency.

Overall, Litecoin offers users a secure and efficient way to make transactions online. It has gained popularity in recent years and continues to be a valuable asset in the cryptocurrency market.#25#