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Litecoin was developed by Charlie Lee, a Google engineer, in 2011 with the intention of creating a faster, more efficient alternative to Bitcoin. He once referred to it as 'the silver compared to Bitcoin's gold'. Over the years, LTC has garnered significant attention and has been recognized as one of the top-performing cryptocurrencies globally.
In comparison to many other altcoins, Litecoin's price performance notably surpassed that of Bitcoin for several years following its launch. It can be considered a scaled-down version of Bitcoin, possessing a total supply that is four times greater and being generated four times faster.
Purchasing LTC is straightforward and can easily be done through a cryptocurrency exchange. Although exchanges may offer a limited selection of digital currencies, most include Litecoin due to its established presence and strong popularity in the crypto market.
