The most successful altcoin, Litecoin LTC, valued at 50 billion, the founder's road to wealth

"Bitcoin is gold, Litecoin is silver", this slogan is widely circulated in the currency circle.

Litecoin has the same implementation principle as Bitcoin in technology, so this is why it is called altcoin.

It is the first network digital currency based on the Scrypt algorithm. Compared with Bitcoin, Litecoin has faster transaction confirmation time, higher network transaction capacity and efficiency.

Originally, this was the step-by-step trajectory of an elite Chinese-American family, but what was different was that they encountered Bitcoin.

In 2011, Li Qiwei, who was working as a software engineer at Google at the time, saw an article reporting on the "Silk Road". The Bitcoin mentioned in the article aroused his strong interest.

Soon, he got in touch with the core developer of Bitcoin.

Li Qiwei bought some Bitcoin and started to try mining with a computer.

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