Hello everyone and the professor known as @yohan2on who assigned this task to us, we were told to explain any of this three altcoins which are Litecoin (LTC)
Ripple (XRP)
Binance coin (BNB).

I am going to be explain Litcoin because i hodl it and most importantly because it is an altcoin but first what is an Altcoin.

Altcoin

Altcoins may be a title that can be seen to have been formed from 2 words, " Alternative" and "coins" to create Altcoins which is alluded to as any other coins other than Bitcoin. Altcoins are cryptocurrencies that are seen as alternative cryptocurrency to Bitcoin and their presence can be seen to have required obligatory competitions within the crypto space and a few of them with more curiously highlights that are not seen in Bitcoin. Examples of Altcoins are Ethereum (ETH), Stellar (XLM), Ripple (XRP), Litecoin (LTC) and numerous others within the crypto space.

#The Meaning Litecoin

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Litecoin (LTC or Ł) could be a peer-to-peer cryptocurrency and open-source program extend discharged beneath the MIT/X11 permit.In specialized points of interest, Litecoin is about indistinguishable to Bitcoin.
Litecoin was discharged through an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google representative who afterward got to be Designing Chief at Coinbase.The Litecoin network went live on October 13, 2011.
It was a source code fork of the Bitcoin Center client, contrasting essentially by having a diminished square era time (2.5 minutes), expanded most extreme number of coins, distinctive hashing calculation (scrypt, rather than SHA-256), and a marginally adjusted GUI. During the month of November 2013, the total esteem of Litecoin experienced gigantic development which included a 100% jump inside 24 hours.In May 2017, Litecoin got to be the primary of the best 5 (by showcase cap) cryptocurrencies to receive Isolated Witness. Later in May of the same year, the primary Lightning Arrange exchange was completed through Litecoin, exchanging 0.00000001 LTC from Zürich to San Francisco in beneath one moment.

Advantages Litecoin Has Over Bitcoin

1). The Litecoin Network points to handle a piece each 2.5 minutes, instead of Bitcoin's 10 minutes. This permits Litecoin to affirm exchanges much quicker than Bitcoin.
2). Litecoin employs scrypt in its proof-of-work calculation, a successive memory-hard work requiring asymptotically more memory than an calculation which isn't memory-hard
3). Litecoin is profoundly adaptable, meaning it can handle huge exchanges at a point in time which was made conceivable by its upgraded block generation which is bigger compared to Bitcoin's block production.

Point of Litecoin

most altcoins were concocted to require care of a few deficiencies seen in Bitcoin and Litecoin is one of such altcoins. Litecoin was designed to create up to four times of the blocks delivered by Bitcoin and so too up to four times of coin restrain as compared to Bitcoin which makes Litecoin exchanges quicker than Bitcoin's. Concurring to investigate, Litecoin is an open source global installment arrange that's completely decentralized such that the arrange isn't accepting orders from any central specialist and modified to create 1 square after each 2.5 minutes as opposite to the Bitcoins 1 square after 10mins. In comparison, Litcoin produces 24 blocks per hour whereas Bitcoin produces 6 blocks per hour and this highlight is to guarantee the tall versatility of the Litecoin organize to prepare exchanges with speed on the network. Note that within the year 2017, Litecoin embraced SegWit (Isolated witness)which was utilized to test the network's viable compatibility with bigger Bitcoin network and the result of the test came out a victory which made Bitcoin to receive the SegWit after the test because of many similitudes displayed between Bitcoin and Litecoin.

Litecoin Market Cap and Price

picture from crypto market

The time of writing this article litcoin market price is at $21,923,893,066 and LTC price is at $334.

Conclusion

Litecoin is silver as bitcoin is gold because bitcoin can't be replace if not litcoin is bitcoin upgrade anyway thanks for reading.