Why LTC is better than BTC?

Could you elaborate on why Litecoin (LTC) is purportedly superior to Bitcoin (BTC)? I'm curious to understand the specific advantages LTC offers that distinguish it from BTC, considering both are leading cryptocurrencies. What are the key technological advancements or practical applications of LTC that make it a more favorable choice? Additionally, how does LTC's transaction speed and cost compare to BTC's, and how does this impact its usability and scalability? I'm interested in hearing your thoughts on this matter.