Litecoin Litecoin was created by former Google engineer Charlie Lee and is one of the first “altcoins” – the name given to cryptocurrencies other than Bitcoin (and sometimes others other than Ethereum). “Litecoin is the second oldest cryptocurrency, which was replaced by Bitcoin in 2011,” says Jay Blaskey, digital currency expert at BitIRA. “It was designed to be used for quick, secure and affordable payments.” Think of it as bitcoin going …