Litecoin News
Read the latest news here about Litecoin, one of the very first altcoins in the world. The cryptocurrency was developed in 2011 by Charlie Lee, a former Google employee. On Twitter, he also refers to himself as SatoshiLite, a nod to the anonymous creator of Bitcoin. Every day, the coin’s creator shares plenty of news about his creation.
You can think of the cryptocurrency as a faster and lighter version of Bitcoin. Its source code is very similar to Bitcoin’s. The difference lies in the speed: transaction blocks are found on average four times faster.
Litecoin can also be seen as a testing ground for Bitcoin. For example, SegWit, the Lightning Network, and Atomic Swaps have all been tested on the network of Charlie Lee’s cryptocurrency.