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The best way to stay connected to the Android pulse. Litecoin is a cryptocurrency similar to Bitcoin.
It lets you send money to a friend over the internet or buy something from an online retailer that accepts this method of payment. Unlike fiat currencies like the dollar and euro, Litecoin is not managed bу any authority like a central bank.
It basically cuts out the middleman (banks and other financial institutions), which speeds up transactions, reduces fees, and offers anonymity. The cryptocurrency runs on a publicly disclosed blockchain that records each transaction.
Litecoin was founded in 2011 by a former Google employee by the name of Charlie Lee. His goal was to create a cryptocurrency similar to Bitcoin that would solve some of the issues Bitcoin is facing. Read more from androidauthority.com…
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