What is Litecoin?
A “lite” version of Bitcoin that is faster and cheaper by design.
codebase as Bitcoin
Litecoin has a lot of the same “battle-tested” features as Bitcoin but has a few improvements as well, like faster processing times and cheaper transactions.
Unlike fiat currencies and similar to Bitcoin, Litecoin has a fixed maximum supply. Once the number of tokens reaches 84,000,000, no more Litecoin will be created.
is extremely high
Like Bitcoin, Litecoin experiences high volatility, which makes it a high-risk, high-reward asset.
Litecoin offers near zero-cost transactions and quick confirmation times, making it a suitable candidate as a payment medium.