Litecoin was launched on 7th October 2011 by Charlie Lee, a former employee of Google. The network of the Litecoin went live on 13th October 2011. It works independently of the central bank of any country.
It is quite similar to Bitcoin but Litecoin has adopted various features such as the Segregated Witness. These factors and features can be considered an improvement over Bitcoin and reduce the problems in the network and enhance the speed of carrying out the transactions. In May 2017, LitecSee full review