LITECOIN (LTC)
Litecoin
(Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.
Inspired by Bitcoin,
Litecoin
was the second cryptocurrency starting in October 2011.
In technical details, the
Litecoin
main chain shares a slightly modified Bitcoin codebase.
The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations, and faster mining difficulty retargeting.
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