Litecoin (LTC) is a peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source software project, global payment network that is fully decentralized. Mathematics secures the network and empowers individuals to control their own finances.
Litecoin is the second-largest true cryptocurrency by market capitalization storage efficiency. Litecoin network aims to process a block every 2.5 minutes, on other hand bitcoin process block every 10 minutes. Thus Litecoin network will produce four times (84 million Litecoin) as many currency units as will be issued by the bitcoin network. With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.