Litecoin (LTC for short) is a peer-to-peer electronic encryption currency, which was issued on 20110.07. It is currently the second largest virtual currency in the world, second only to Bitcoin.

Litecoin and Bitcoin have the same technical realization principle, but the creation and transfer of Litecoin is based on an open source encryption protocol and is not managed by any central organization.

Litecoin is faster, and it can be confirmed 6 times in 15 minutes. In addition, the number of Litecoin is four times that of Bitcoin, totaling 84 million pieces.