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What is Litecoin? Interesting facts about Litecoin: 1. Creation: Litecoin, often referred to as the "silver to Bitcoin's gold," was created by Charlie Lee and released on October 7, 2011. 2. Algorithm: Litecoin uses a different hashing algorithm than Bitcoin called Scrypt, making it more accessible for regular users with standard hardware. 3. Block Time: Litecoin has a faster block generation time compared to Bitcoin, with a block being mined approximately every 2.5 minutes, facilitating faster transaction confirmations. ...