What is Litecoin?
It is a decentralized peer to peer cryptocurrency. Litecoin is similiar to Bitcoin and follows an open source protocol for its creation and transfer. It is a global currency which is based on blockchain technology.
Litecoin was invented by Charlie Lee who was a Google employee and he first released Litecoin via github in 2011. It is similiar to Bitcoin but differs in its hashing algorithm, number of coins and has a decreased block generation time. In 2017 the first Lightning Transaction was completed in 1 sec that was completed through Litecoin.
Link : https://litecoin.com/