Litecoin history: Litecoin (Litecoin abbreviation is LTC by the way) was created in October 2011 by Charles Lee, a former Google employee. Since then, the Litecoin has quickly established itself as the fourth cryptocoin in the area of ??capital. Since the beginning of December 2017, the value of Litecoin has remained above $ 300 each. CoinmarketCal guides you in these matters. As far as the definition is concerned, the Litecoin definition is: when M Lee created the Litecoin, he voluntarily chose to modify the Bitcoin code while retaining it as a basis for his work. His goal was to develop a cryptocurrency that is more efficient than those that are already in circulation. However, he wanted to maintain the transparency of transactions and also the security offered by Blockchain technology to use a Litecoin portfolio that is just as simple and secure. From CoinmarketCal you will get all the supports and suggestions regarding all these. In addition, it accepts new transactions faster than the Bitcoin because blocks are created more often. So, if the Litecoin works in a similar way to the Bitcoin, the most important improvement of M lee with the code of the oldest cryptocurrency is mine. Thanks to its code, called SCrypt, M Lee has democratized mines, making it accessible to anyone with a computer. Bitcoin mines require specific equipment that is often more expensive, while any computer can mine Litecoin.