Just some talk on LITECOIN

WHAT IS LITECOIN
Litecoin is an internet currency that provides instant,near zero cost payments to anyone in the world. Litecoin is a peer to peer open source global payment network that is fully decentralized without any central authority/authorities. It is the decentralized money for the new age, free from censorship and it is open to anyone.

Mathematics secure the network and empowers individuals to control their own finances. Litecoin features improved storage efficiency than some leading math based currency and faster transaction confirmation times. With significant industry support, liquidity and trade volume, litecoin is a proven medium of commerce which is/can be complimentary to bitcoin.

LITECOIN OPEN SOURCE SOFTWARE
Litecoin is an open source software project released under the MIT/XII license which provides you with the power to run,modify and copy the software and to distribute/dispense at your own option, modified copies of the software. The software is released in a quite transparent process that enables for independent verification of binaries and their corresponding source code.

LITECOIN AS A BLOCK CHAIN
The Litecoin block chain is capable of controlling higher transaction volumes than it's numerous counter parts. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times while still having the ability to wait for more confirmation when trading bigger tickets items.

LITECOIN WALLET ENCRYPTION
The Litecoin wallet encryption enables you to secure your wallet, so that you can view transaction and your account balance but you will be required to enter your password before spending litecoin. This provides authentic protection from wallets stealing viruses and trojans as well as sanity check before sending payments.

LITECOIN MINING REWARDS
Litecoin miners are rewarded with 25 new Litecoin per block, an amount which gets halved roughly every 4years(every 840,000 blocks). The Litecoin network is therefore set to produce 84million litecoins, which is 4times as many currency unit as Bitcoin.

WHY YOU SHOULD HAVE LITECOIN

Litecoin has successfully activated SegWit and they are now able to introduce Lightning Network. This Lightning Network, if implemented could make the following changes.

• Low Cost*
  By transacting and settling off-blockchain, the Lightning Network provides exceptionally low fees, which allows for emerging use cases such as instant micropayments.

• Instant Payments* Lightning provides fast blockchain payments without stressing about block confirmation times. Security is provided by blockchain smart contracts without creating a on block chain transaction for individual payments. Payment speed is measured in milliseconds to seconds.

Scalability
This is Capable of performing millions to billions of transactions per second across the network.

This Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per click/action is now possible without custodians/third party.
And Cross blockchain among others

CONCLUSION:
Cryptocurrency value is/will be demonstrated by how it is embraced by community participants and the velocity of transactions within the ecosystem,apart from its original design:

which tends to have better scalability and transactability thanks to reduced confirmation times and low costs, second layer solutions have the potential to revolutionize micropayments, optimize speed, and make Litecoin more attractive for numerous reasons.