Why Invest in Litecoin?

Litecoin has been in the list of top-10 cryptocurrencies by market capitalisation pretty much since it began trading in the spring of 2013. Created by Charlie Lee – then a Google software engineer – it set out to improve upon the original crypto, Bitcoin.By tweaking Bitcoin’s open-source code, Mr. Lee was able to launch Litecoin, a crypto that was much like its big brother but lighter in computational power – which is why it has its name – and much speedier in terms of transactions.Mr. Lee’s Twitter handle is @SatoshiLite – an obvious reference to Satoshi Nakamoto, the mysterious Bitcoin founder, or founders – and on the micro-blogging site he expressed his concerns. “Bitcoin is a great store of value,” he wrote.

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