--
0.00%Litecoin is one of the oldest cryptocurrencies, created in 2011 by former Google engineer Charlie Lee as a lighter, faster alternative to Bitcoin. Forked from Bitcoin's code, it kept proof-of-work but shortened block times to about 2.5 minutes, quadrupled the supply cap to 84 million coins and used the Scrypt hashing algorithm to broaden early mining. Often described as silver to Bitcoin's gold, Litecoin has long served as a testing ground for features later adopted more widely, including Segregated Witness and the Lightning Network. It remains widely supported by payment processors and merchants for fast, low-fee transfers, and later added an optional privacy feature. With a long track record, high liquidity and a simple, stable design, Litecoin endures as one of the most established payment-focused coins even as newer platforms have taken the spotlight.
coingecko