Litecoin is one of the oldest crypto coin created since 2011 base on bitcoin blockchain protocol is also recognize among the major and popular crypto coin used by both traders and investors today it's listed in virtually all Crypto base exchange platform.
Litecoin is similar to bitcoin blockchain transaction but there are some small changes which are introduced into the blockchain network which includes fast block transaction time, different hashing algorithm which allow users to mine more conveniently, litecoin is also known for low transaction fee which process large amount of transaction with little fee.
Litecoin security system is highly secured and well advance being a blockchain base network makes it really hard for users transaction to be tempered with users privacy are considered with high priority.
Litecoin market price has greatly appreciate these few days there are much speculation that the coin price could surge even higher it's a popular competitive coin in the market with similar features in bitcoin network.
In general litecoin is a recommended and recognized crypto coin that can be used for basic transaction among different parties.