Litecoin (LTC) is often referred to as the "silver to Bitcoin's gold," reflecting its position as one of the earliest and most established cryptocurrencies. Created by Charlie Lee in 2011, Litecoin shares many similarities with Bitcoin but boasts faster transaction times and lower fees due to its different mining algorithm. Over the years, Litecoin has gained a loyal following and is widely accepted by merchants and exchanges. Its community-driven development and focus on scalability continue to attract attention, positioning Litecoin as a prominent player in the cryptocurrency space alongside Bitcoin and other major altcoins.
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