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What is Litecoin?
Litecoin has been holding its own against heavyweights like Bitcoin and Ethereum. That may be partly due to the low cost of payments to any merchant or customer in the world. Like Bitcoin, Litecoin is decentralized. There is no organization or individual in charge of how business is conducted in the Litecoin network. It is known for having much faster transaction confirmation times than Bitcoin, and that has bolstered it somewhat in the market. It also has very efficient storage capabilities.
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