Litecoin (LTC) is a Digital Asset created in 2011 using open-source software under the MIT / X11 license. Mining can be done using Graphics Processing Units (GPU) with Scrypt-based PoW (Proof-of-Work) algorithm. Meanwhile, according to the official site , Litecoin is a P2P internet currency (Peer-to-Peer) that allows payment of instant fees close to zero to anyone in the world.Created by Charles Lee, Litecoin was released on October 7, 2011 through the Open-Source client on GitHub