Litecoin was released in 2011 and Charlie Lee is the founder.
Litecoin was inspired by Bitcoin and has the same technical realization, it aims to improve Bitcoin. The total amount of Litecoin is 84 million which is four times that of Bitcoin.
In addition, Litecoin generates a block per 2.5 minutes, while Bitcoin takes ten minutes to generate a block, therefore Litecoin can provide the faster transaction confirmation than Bitcoin.
Each Litecoin is divided into 100,000,000 smaller units, which called: Litoshi, defined by eight decimals.
More information please refer: https://litecoin.com/
Trading start time: March 7, 2018.
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