May 6, 2025
To Whom It May Concern, I am writing to offer my perspective on Litecoin (LTC)—a digital asset that, despite its longevity, security, and decentralization, has often been overlooked in mainstream regulatory and institutional discussions. Litecoin was launched in 2011 as a decentralized, open-source cryptocurrency, inspired by Bitcoin but with important distinctions: Faster block times (2.5 minutes vs. 10) Lower transaction fees A more accessible Proof-of-Work algorithm (Scrypt) Unlike many newer tokens, Litecoin has no pre-mine, no central authority, and no ongoing fundraising mechanism. It is maintained by a global, volunteer-driven community and processed by a decentralized network of miners. Despite being often referred to as “Bitcoin’s little brother,” Litecoin was designed specifically for scalable, everyday use—from individual peer-to-peer payments to business integrations. It has stood the test of time, surviving multiple market cycles, security tests, and updates (including MimbleWimble privacy features), without relying on hype or speculation. Today, Litecoin sits at a market price that may not reflect its core value. This disconnect could stem from underrepresentation in public narratives, not from any deficiency in its structure or utility. As regulatory clarity continues to evolve, I ask that Litecoin be recognized for what it is: a fair-launch, decentralized, utility-focused network that embodies the original ethos of blockchain—to empower the public through transparent, secure, and low-cost financial transactions. Thank you for your time and your efforts to better understand this growing space. Respectfully, Michael Wayne Davis West Virginia