Litecoin (LTC) is VERY similar to Bitcoin. In fact, many call it the "silver" to Bitcoin's "gold", and these two best buddies have been holding down the crypto world since Litecoin was created in 2011 (roughly 2 years after Bitcoin launched). Litecoin is a decentralized peer-to-peer digital currency using blockchain technology that prides itself on speed and flexibility. You can use it and spend it JUST like you can Bitcoin and it is accepted in almost as many places. You are about to discover some important information about Litecoin(LTC). Lots of people have taken the leap into the world of cryptocurrencies, and it is rapidly growing every day. It can be quite overwhelming, at least initially, when you are thinking about taking the plunge because of various reasons. The main reason for this hesitation is all the misinformation that is available out there. You will need to understand the benefits as well as the risks of using Litecoin LTC before you get started with it. However, most people get started with trading in Litecoins without knowing much about it. Charlie Lee created Litecoin after being unsatisfied with the long confirmation wait times of Bitcoin transactions while he was a software engineer at Google. After creating the coin in 2011 he later left Google to join the dev team at Coinbase (the largest US based buy/sell & trading platform). Charlie Lee has been an active, vocal part of Litecoin's past and continues to guide the project as it grows, while the creator of Bitcoin (Satoshi Nakamoto) is still an anonymous entity and may never be revealed. This major difference should NOT be overlooked as trivial. Having a well versed and competent captain at the helm (even if you don't actually have control of the ship) can help steer the ship in the right direction. I wanted to highlight this difference because I really think that this one fact really sets Litecoin apart as being a front-runner in the cryptoworld.
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