Litecoin shares similarities in fundamental characteristics as Bitcoin because it was one of the very first altcoins
altcoinsBitcoin was the first of the cryptocurrencies. The thousands of cryptocurrencies to appear on the market since then are categorised as altcoins. programmed for wider use after the Bitcoin revolution.
Litecoin, like many other cryptocurrencies on the market, was developed leveraging much of the revolutionary technology of Bitcoin with a few minor changes.