Litecoin (LTC) is a decentralized, peer-to-peer cryptocurrency that enables fast, secure, and low-cost payments anywhere in the world. Created in 2011 by former Google engineer Charlie Lee, Litecoin was designed to be the “lite” version of Bitcoin, offering quicker transaction times and lower fees.
Built on open-source blockchain technology, Litecoin is known for its speed and efficiency. With an average block time of just 2.5 minutes (compared to Bitcoin’s 10 minutes), Litecoin processes transactions faster, making it a preferred choice for everyday purchases including travel bookings.