#WordOfTheDay

#Litecoin — how to spell this word in Morse code?

To be honest, we don't know, and why would you need this — we are not living in a post-apocalyptic world yet where only analog communication works 🤷‍♂️

But we do know an interesting fact about #Litecoin:

The coin was created by former #Google engineer Charlie Lee, and it was launched on October 13, 2011 as an alternative to #Bitcoin.
In a world where digital gold emerged, Lee aimed to create a digital analogue of silver — a lighter and faster version of the first cryptocurrency, which was #BTC.
Litecoin was based on the original Bitcoin code with some modifications. For instance, changes were made to the hashing algorithm, and the block generation speed was increased.
Today, Litecoin continues to develop and is supported by a community of developers, but the coin has lost its position to more promising blockchains.

⚡️ The official #Litecoin account hints at an #ETF

It seems that the project team intends to make #LTC great again, though it's possible that this is just an attempt to draw attention amidst the ETF hype 💰

However, considering that #Litecoin is currently not in its best shape and isn't even in the top 20 by market capitalization, this move could very well breathe new life into the "digital silver," which we, bytheway, wrote about here.

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

#CryptoNews