Litecoin (LTC) is a cryptocurrency that's designed to provide fast, secure, and low-cost payments by leveraging blockchain technology ¹. Created by Charlie Lee, a former Google employee, in 2011, Litecoin was intended to be a "lite version of Bitcoin" with key differences in its hashing algorithm, hard cap, block transaction times, and more ¹.$LTC

*Key Features:*

- *Fast Transaction Confirmation*: Litecoin has a block time of just 2.5 minutes, making it suitable for micro-transactions and point-of-sale payments ¹.

- *Low Transaction Fees*: Nearly negligible fees make it an attractive alternative to Bitcoin, especially in developing countries ¹.

- *Improved Storage Efficiency*: Litecoin features faster transaction confirmation times and improved storage efficiency compared