Litecoin (CCC:LTC-USD) is one of the original big cryptocurrencies, founded by Charlie Lee way back in 2011 as a peer-to-peer (P2P) coin. This makes it one of the first real competitors to Bitcoin (CCC:BTC-USD). Indeed, Lee created Litecoin using many of the same ideas as BTC, but designed it to be more efficient and useful in everyday transactions. Bitcoin, as investors have realized, can conversely be quite clunky for small purchases.
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