Litecoin (LTC) is a P2P cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, a global payment network that is fully decentralized without any central authorities.The Scrypt encryptions secure the network and empower individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading blockchain based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
If you familiar with Bitcoin than Litecoin is very similar.
Today people can Buy or sell services/goods with payments done via Litecoin. you can evenplay blackjack with your Litecoins, at the best sites. This classic game remains the favorite game among players.
Litecoin – This digital currency was created as a fork of Bitcoin, and as such is very close in nature to the original digital currency. There are some differences, however, such as almost zero payment cost and payment transactions occurring approximately four times faster than Bitcoin. Litecoin was created in October 2011 by a former Google employee named Charlie Lee. Litecoin has been a success since its inception and currently has a $2.5 billion market cap, with 51.9 million coins worth around $5 each in circulation. Litecoin hit a high of $189.46 per coin in January 2018 before pulling back, although the overall trend is higher for the virtual currency at this time.