Litecoin was created by Charlie Lee, a former Google worker, in 2011. It was designed to be a peer-to-peer cryptocurrency and attracts on various foundational similarities to Bitcoin, though Lee’s intention was to resolve a few of its perceived points like transaction instances, charges and concentrated mining swimming pools. Initially, it was introduced to be a “lite model of bitcoin,” creating the “silver” to Bitcoin’s “gold.” Watch our video to be taught all about this digital asset.
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