Description
Litecoin is an open-source proof-of-work blockchain that enables fast, low-cost peer-to-peer payments without central authorities. Users can send and receive LTC globally, run a full node to support the network, and access optional confidential transactions via MWEB (Mimblewimble Extension Blocks) for on-chain privacy. The network generates blocks at a higher frequency than many proof-of-work chains, enabling faster transaction confirmations for merchants and users.