#LitecoinETF Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011. Often referred to as the "silver to Bitcoin's gold," Litecoin was designed to offer faster transaction times and lower fees compared to Bitcoin. It uses the Scrypt hashing algorithm, which is less resource-intensive than Bitcoin's SHA-256, making it more accessible for mining on consumer-grade hardware. Litecoin's block generation time is approximately 2.5 minutes, four times faster than Bitcoin's 10 minutes, allowing for quicker confirmations. With a maximum supply of 84 million coins, Litecoin is more abundant than Bitcoin's 21 million, contributing to its lower price per coin. Over the years, Litecoin has gained popularity as a reliable and efficient cryptocurrency for everyday transactions. It has also implemented technological advancements like Segregated Witness (SegWit) and the Lightning Network to enhance scalability and speed. Litecoin remains a prominent altcoin, valued for its stability and utility in the crypto ecosystem.