What is Litecoin? The digital money like Bitcoin.

Litecoin it's the cryptocurrency for payments, Litecoin it's a peer to peer internet currency that enables instant, near zero cost payments to anyone in the world. Litecoin is an open source, global payments network that is fully decentralized without any central autorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency, with substantial industry support, trade volume and liquidity. Litecoin's Blockchain is capable of handing higher transaction volume than its counterpart-Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modifythe software in the future. Litecoin has the same Bitcoin protocol proof of work. Miners are currently awarded with 12.5 new Litecoins per block, an amount which gets halved roughly every 4 years (every 840k blocks). The Litecoin network is therefore a scheduled to produce 84 million Litecoin, every 4 years is the Litecoin Halving that each 840k blocks it's go to reduce to half.

My Personal Opinion:

I see that this proyect is interestg as Bitcoin same time. Also, the most that I like about the Litecoin is that just there's will be 84 million o Litecoin assets in circulation, That is so amazing to hear about it, I option to invest for Litecoin in long term and accumulate this cryptocurrency in Phemex, becuase Litecoin is one of my favorite money to accumulate more and more assets. As Litecoin is into this accumulation, this is a good idea to trade or continue buying more Litecoin for the next altseason 2021. I proyect in my chart that Litecoin could have the next bull run toward above $3,600 USD. But, in general, Litecoin is the money of the future together with Bitcoin.

For more resources, please visit this link:

1. Litecoin website: litecoin.org/
2. Litecoin Twitter; twitter.com/LitecoinProject