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Bitcoin Flip!

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LITECOIN (LTC) IN
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EURGBP

 
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Litecoin (LTC): an introduction

Bitcoin’s little brother. Litecoin was released in 2011, as a fork of the Bitcoin core: meaning that it took Bitcoin development in a different direction.

It is almost identical to Bitcoin, with one important difference: it focuses on much faster processing times. In theory, this leads to faster transactions

Key facts:

- Technically similar to Bitcoin

- Processes a block in 2.5 minutes, instead of Bitcoin’s 10

- Created by former Google employee Charlie Lee

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