What is Litecoin (LTC)?

1/6 ⚡
Litecoin is one of the earliest cryptocurrencies, created in 2011 as a faster and lighter alternative to Bitcoin for peer-to-peer payments #Litecoin #Crypto #ningenie #ninx

2/6 🔗
It’s a fork of Bitcoin, meaning it uses similar technology but with key improvements like faster transactions and lower fees #Blockchain #Altcoins #ningenie #ninx

3/6 ⏱️
Litecoin processes blocks every 2.5 minutes vs Bitcoin’s 10 minutes, making transactions quicker and more efficient #CryptoSpeed #Payments #ningenie #ninx

4/6 📊
Supply is capped at 84 million LTC — 4x more than Bitcoin — helping balance scarcity with usability #CryptoSupply #DigitalAssets #ningenie #ninx

5/6 ⚙️
It uses the Scrypt algorithm for mining, designed to be more accessible and memory-based compared to Bitcoin’s SHA-256 #Mining #CryptoTech #ningenie #ninx

6/6 🌍
Created by Charlie Lee, Litecoin is widely used for payments, transfers, and as a testing ground for innovations later adopted by Bitcoin #CryptoAdoption #Innovation #ningenie #ninx

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