Litecoin LTC

Litecoin (LTC) is a prominent cryptocurrency launched in 2011 as a Bitcoin fork, designed for fast, secure, and affordable payments using blockchain technology. It differs from Bitcoin in its use of the Scrypt hashing algorithm, allowing more accessible mining for regular users, a faster block time of 2.5 minutes for quicker transaction confirmations, and a higher supply limit of 84 million coins. These features make Litecoin an attractive option for payments, boasting a faster processing capability and a more abundant coin supply than Bitcoin, underpinning its popularity and longstanding user base.