201FIRST SLIDE

 Charles Lee is a computer scientist, best known as the creator of Litecoin. He

serves as the managing director of the Litecoin Foundation. As of July 2013, he
also worked for Coinbase.
 Since that date, the asset has consistently been among the top 10 largest
capitalizations in the cryptocurrencies market.
SECOND SLIDE
 While many altcoins from the period 2011-2013 have now disappeared, Litecoin
has remained in the market.
 The creator of Litecoin, Charlie Lee, wanted to develop a faster and cheaper
version of Bitcoin.
 Thanks to a well-identified creator and intelligent marketing, Litecoin has built up
a nice active community by 2013 and has become popular in the crypto market.
 A few years later.
THIRD SLIDE
 From that time on,
 A practice that still exists today.
 Recently, the Litecoin Foundation has taken some interesting decisions:
 Even today,
FOURTH SLIDE
 Litecoin is close to Bitcoin on many features, but has some fundamental
differences. For example:
FIFTH SLIDE
 One of the main differences between the two cryptocurrencies is the transaction
speed.
 This ensures that a public ledger of all transactions is recorded, and allows the
currency to operate a decentralised payment system free from government control
or censorship.
 One of the main upgrades he introduced was the reduction of the block approval
time from 10 minutes down to 2.5 minutes.
 As of today, there are already over 65,177,458 Litecoins in the market out of 84
million.
 Lee’s improvements focused on reduced transaction times, fees, and the
elimination of concentrated mining pools.
 The transaction fee for Litecoin is rather low, which makes it a great digital
currency to transfer value. This is one of the major benefits that Litecoin offers
against other cryptocurrencies out there.
 What goes up, must come down, and after Litecoin sets a new high in 2021 or
early 2022, and then completes another bearish downtrend, it will be time for the
cycle to restart and another base to build. Once the downtrend breaks, as is
characteristic of all markets, another consolidation phase will build another base
for a subsequent bull market to begin.
Key differences between SHA-256 and Scrypt?
  SHA-256 is more complex than Scrypt and requires considerable processing
power. As such, data block processing is slower and subsequently, so are bitcoin’s
confirmation times.
 On the other hand, Scrypt is significantly less complex and easier to compute than
SHA-256, which allows for Litecoin’s faster confirmation times. Scrypt relies on
substantial amounts of memory, so is considered a “memory hard problem” –
differing from SHA-256, which is raw processing power intensive.
STRENGTHS AND WEAKNESSES
 Litecoin’s volatility is likely to be driven by similar factors to bitcoin, for
example:
Regulation: cryptocurrencies are currently unregulated by governments and central
banks. There are questions about how this could change in this next few years, and what
impact this could have on value.
Press: prices of litecoin can be affected by public perception, security, longevity and the
prices of other cryptocurrencies such as bitcoin.
Adoption: litecoin hasn’t currently been adopted by businesses or consumers as a method
of payment. But, some see potential in the blockchain technology and think this could
become more widely adopted in the future.
Supply And Demand
The relationship between supply and demand is the number one factor which can affect
the price of a cryptocurrency. In short, if the demand for a crypto is greater than its
supply, the price of the asset will increase. If the supply is greater than the demand, then
the price will fall. There are all kinds of factors which can influence both the demand and
supply of Litecoin.
The Bitcoin Effect
We first saw this in 2017-2018 — and now we’re seeing it again. When Bitcoin embarks
on a bullish run, analysts have noted that it tends to bring the rest of the cryptocurrency
industry along with it, resulting in a market-wide explosion. Litecoin can be particularly
sensitive to changes in the price of BTC. This is because they are both first-generation
cryptocurrencies, meaning that many investors will have bought into both assets. As a
Bitcoin hard fork, they also share various similarities when it comes to the underlying
technology.
When confidence in Bitcoin is high, it sparks renewed interest in related altcoins.
Although this may seem counterintuitive, it does mean that traders can potentially predict
bullish runs by analyzing the performance of Bitcoin — even if they’re not BTC
investors.
The Launch Of LiteBringer
The launch of the role-playing game (RPG) LiteBringer, which runs on the Litecoin
blockchain network, has had a key effect on the altcoin’s price. Players can make in-
game purchases using LTC, causing the number of network transactions to increase
massively. (In fact, the Litecoin Foundation reported that the release of the game caused
the number of transactions to triple within its first week). Today, 75% of all total
transactions are driven by LiteBringer — and according to the cryptoanalysis site Ripple
Coin News, this could prove an avenue for further LTC growth.