Tag: What is Litecoin?

Litecoin (LTC) is a decentralized peer-to-peer currency and a fork of the most prominent cryptocurrency, Bitcoin. As an alternative to Bitcoin, or “altcoin”, Litecoin offers faster transaction confirmations and lower transaction fees than Bitcoin. Plus, it uses a different hashing algorithm to Bitcoin. So, if you’ve been wondering “What is Litecoin?” and “How does it compare to Bitcoin?”, you’ve come to the right place!