In the dynamic realm of cryptocurrencies, Bitcoin (BTC) and Litecoin (LTC) are often mentioned in the same breath. Created by Charlie Lee in 2011, Litecoin was envisioned as the "silver" to Bitcoin's "gold," but what does this metaphor actually mean in practice? Unraveling the key differences between these two pioneering cryptocurrencies is essential for any investor or enthusiast looking to understand the digital currency landscape.
Origin and Philosophy
Bitcoin, the original cryptocurrency, was introduced in a 2008 whitepaper by the mysterious Satoshi Nakamoto. It was designed as a peer-to-peer electronic cash...