Why do some people call Litecoin “digital silver”?
First, what it is: Since 2017, Charlie Lee has focused on the work of the Litecoin Foundation, promoting Litecoin and its development.
How it works: Faster block generation means transfers can receive their first confirmation sooner, though large transfers generally still need several more confirmations before they’re considered complete.
$LTC has a maximum supply of 84 million coins, exactly four times that of Bitcoin.
Be skeptical of projects promising high returns.