Litecoin (LTC) is a cryptocurrency created in 2011 by Charlie Lee, a former Google IT engineer. He based it on Bitcoin's code but designed it to generate blocks in just 2.5 minutes—four times faster than Bitcoin.
It was developed to enable fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology. By market capitalization, Litecoin ranks among the top 20 cryptocurrencies.
