what is litecoin?

[reshat]

Lіtесоіn (LTC оr Ł [1]) is a рееr-tо-рееr сrурtосurrеnсу аnd open ѕоurсе software project released under MIT/X11 lісеnѕеѕ. Crеаtіоn аnd transfer оf соіnѕ іѕ bаѕеd on an ореn source сrурtоgrарhіс рrоtосоl and іѕ nоt mаnаgеd bу аnу сеntrаl authority. Whіlе inspired bу, and in mоѕt regards technically almost іdеntісаl tо Bіtсоіn (BTC), Litecoin іѕ far quісkеr аnd cheaper.

[waitingforday]

Lіtесоіn it is like smaller and faster bitcoin.

[Blue4]

Litecoin is powerful and advance platform than bitcoin system hereby we can send payment high speed and high secure . Litecoin is decliced system so it's running without a central authority or governance agency.

[olivia]

Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license. Litecoin is one of the Cryptocurrency born after the Bitcoin era.

[Zeus29]

Litecoin is an open source, global payment network that is fully decentralized without any central authorities.Currently  Litecoin has quickly risen from obscurity to become one of the world’s most popular, well-known and most valuable cryptocurrencies.

[kent47400]

And it can also be said that Litecoin is the cryptocurecny Silver.
If the Bitcoin is Gold and Ethereum is a diamond, Litecoin is Silver.

i love Litecoin.

[Sakita Joana]

litecoin has the potential of bitcoin, I also think that litecoin is the best among other altcoins. but litecoin can be an alternative choice besides bitcoin because it has better advantages

[reshat]

Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011.

[Glujelly]

Litecoin is a crypto currency made in 2011 using open software (Open-Source Software) under the MIT / X11 license.

[simplex]

Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase. The Litecoin network went live on October 13, 2011. It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.

[casas]

The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation.Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.

[Warung_lontong]

it's true that litecoin is very good, and I strongly believe in the potential of litecoin in the future, and litecoin is not centralized and litecoin is almost similar to bitcoin.

[Kitme]

Litecoin is most reliable altcoin and litecoin has powerful technology hereby we can make high secure and high speed payment transactions infact it's powerful altcoins  thus still it's remain top 5-10 places in coinmarketcap

[modus]

Litecoin is one of the crypto currencies or often called digital currency.