litecoin foundation

Litecoin Foundation is a non-profit organization that was created to provide fast, secure, and near-zero-cost payments. 

• Founder: Charlie Lee
• Founded: 2011
• Headquarters: Singapore

Key Features:

• A Litewallet that allows users to manage their Litecoin holdings. 
• Educational resources to help users know how to use Litecoin effectively. 
• Litecoin employs the Proof-of-Work (PoW) consensus mechanism to confirm faster and error-free transactions.

Litecoin has formed several notable partnerships including Walmart, BitPay, TokenPay, and TravelbyBit. 

FAQs

1. How does Litecoin work?

It operates on blockchain technology where every transaction is recorded on a public ledger