LTC reached its highest price on December 23, 2017, when it hit $375 per 1 LTC. In 2017, LTC adopted the notorious SegWit implementation, which entailed the creation of another Bitcoin’s fork – Bitcoin Cash (BCH). Litecoin is one of the earliest altcoins in the crypto industry. It can’t be viewed as an absolute hard or soft Bitcoin’s fork due to certain characteristics, yet its code is definitely a fork of BTC. 21 million BTC) and a blockchain that would have faster transaction throughput and block creation (2.5 minutes per block vs. If we consider Bitcoin (BTC) as the ‘digital gold’, then Litecoin can be named ‘digital silver.’ It all started in 2011 when a former Google employee Charlie Lee decided to create a digital currency with greater maximum supply (84 million LTC vs.
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