All about Litecoin

Litecoin is a decentralized digital currency similar to Bitcoin. It uses the same encryption methods to transfer and create funds, and to confirm transactions. The main difference between Bitcoin and Litecoin is that Litecoin has more coins that can be created and has a faster transaction speed — Bitcoin’s algorithm allows one transaction to be added to the blockchain every 10 minutes while Litecoin has a faster speed. confirmations — one in 2.5 minutes.