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What is Litecoin?
Litecoin is a distributed ledger for transfer and store of value (a blockchain). Litecoin was founded by Charlie Lee and launched in 2010.How does Litecoin work?
Miners process transactions and receive fees from users (supply-side fees).Who governs Litecoin?
LTC holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue). Litecoin’s investors include Block Ventures, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.