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What is Litecoin (LTC)?
Litecoin is a popular cryptocurrency that was created in October 2011 by Charlie Lee, a former Google engineer. It is often referred to as the "silver" to Bitcoin's "gold" because it was designed to complement Bitcoin rather than compete with it directly.
Litecoin uses a different algorithm called Scrypt, which allows for faster transaction confirmation times and the ability to mine the cryptocurrency using consumer-grade hardware.
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