AboutLitecoin (LTC) was founded by Charlie Lee in 2011 and is a spinoff of Bitcoin. Similar to bitcoin, litecoin is a digital currency that can be used for peer-to-peer transactions. Litecoin confirms transactions every 2.5 minutes as opposed to bitcoin's every 10 minutes. The maximum amount of litecoin that can ever exist is 84 million. Litecoin is divisible to eight decimal places.
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