Litecoin (LTC) , launched in 2011 by Charlie Lee, is one of the earliest cryptocurrencies and often referred to as the “silver” to Bitcoin’s “gold.” Designed as a lighter, faster, and more efficient alternative to Bitcoin, Litecoin has established itself as a reliable digital currency for everyday transactions and peer-to-peer (P2P) transfers. Built on a decentralized blockchain network, Litecoin offers faster block generation times and lower transaction fees, making it a popular choice for users seeking efficiency and affordability in the crypto ecosystem.