Litecoin (LTC)

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Litecoin (LTC) was one of the first alternative coins (altcoins). The Litecoin network went live on October 13, 2011. Litecoin was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins and a different hashing algorithm (scrypt, instead of SHA-256).

See also: Bitcoin (BTC) (basic) - Fork, Soft fork, Hard fork & Coin split (advanced)