Litecoin

Litecoin is a peer-to-peer cryptocurrency designed for fast, low-cost digital payments.

What Is Litecoin (LTC)? Litecoin is a peer-to-peer cryptocurrency designed for fast and low-cost digital payments, often described as a lightweight alternative to Bitcoin.

Often referred to as the silver to Bitcoin’s gold, it is a fork of Bitcoin with a faster 2.5-minute block time and Scrypt hashing algorithm, making it more efficient for everyday payments and microtransactions.

Global Peer-to-Peer Cash: Used for everyday payments and transfers, offering faster confirmations and a more lightweight mining process than Bitcoin.

Scrypt-Based Payments: A Bitcoin fork with a maximum supply of 84 million coins. Used as a faster, cheaper alternative for retail payments, with broad integration across ATMs and payment processors.