Created in 2011, Litecoin (LTC) is an early alternative implementation of Nakamoto consensus, featuring faster block times and alternative mining algorithms.
Meant to be the 'Silver to BItcoin's gold' Litecoin (LTC) is decentralized, relies on peer to peer networking to facilitate transactions and in recent times, it was one of the first blockchains to adopt Segregated Witness and the Lightning Network.