Litecoin (LTC) is one of the most famous and widely used cryptocurrencies, which was created by Charlie Lee in 2011 as a Bitcoin fork. The main goal of Litecoin is to create a fast and cheap alternative to Bitcoin for making payments and transfers.

One of the main features of Litecoin is its block mining algorithm, which is called Scrypt. This algorithm allows for faster block generation and transaction confirmation, making Litecoin faster and more efficient for everyday use.

Another important aspect of Litecoin is its maximum coin supply, which is limited to 84 million, unlike Bitcoin, which has a maximum coin supply of 21 million. This makes Litecoin more accessible and predictable in terms of inflation.

Among the primary uses of Litecoin are transfers and payments. Thanks to its speed and low fees, Litecoin has become a popular choice for international transfers and micropayments. In addition, Litecoin is also used for storing digital assets and trading.