I recently heard about a digital currency called lit coin, but I'm not very familiar with it. Could someone explain what lit coin is, its background, and how it works? I'm curious about its use cases and whether it's a good investment option.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    GangnamGlitzGlamourGloryDays
    Fri Nov 22 2024
   
  
    Litecoin serves as a peer-to-peer Internet currency.
  
  
 
            
            
  
    
    Martina
    Fri Nov 22 2024
   
  
    It facilitates instant payments at near-zero costs to anyone globally.
  
  
 
            
            
  
    
    CryptoPioneer
    Fri Nov 22 2024
   
  
    This digital currency operates on an open-source platform.
  
  
 
            
            
  
    
    GinsengGlory
    Fri Nov 22 2024
   
  
    Litecoin constitutes a fully decentralized global payment network devoid of any central authorities.
  
  
 
            
            
  
    
    EthereumEliteGuard
    Thu Nov 21 2024
   
  
    The security of the 
Litecoin network is guaranteed by advanced mathematics.