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Litecoin (LTC) is a fork of the bitcoin core client, which went live on October 13th 2011. Charlie Lee, the founder of Litecoin, aimed to make a cheaper, faster version of bitcoin.
He succeeded on both counts. Litecoin processes blocks every 2.5 minutes and has successfully piloted both Atomic Swaps and transactions on the Lightning Network. As a result, Litecoin has become one of the ten most valuable cryptocurrencies around.
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