Charlie Lee a MIT graduate and former Google engineer on the fork of bitcoin known as ( Bitcoin Core Client ) ..
Litecoin is known as the silver of bitcoin because it is like Bitcoin in many ways but is a lite weight version of Bitcoin and
(1)Because it is based on an open source global payment network that is not controlled by any centralized authorities)(2)Litecoin uses the same but different method than bitcoin which is known as "scrypt" which shows the blockchain a proof of work, which can be decoded with the help of many CPUs of the consumers)
But Litecoin has its on perks to it ..
This is what Charlie Lee has given us its like bitcoin but it's also an alternative to bitcoin a much faster alternative.. But before anyone comment anything.. We all heard about Charlie Lee selling and donating all his litecoins on Dec 20, 2017,B ecause they made him think it was a"conflict of interest" with him holding litecoin.He created litecoin it is right for him to benefit from litecoin sense he created it their wouldn't be no litecoin...He had to sell for the longevity of litecoin...But everyone has their opinion...At least we all know litecoin development is in good and will continue to get better... Thank you Charlie Lee for giving us (The Silver of Bitcoin) Litecoin....
