Which cryptocurrency was created by Charlie Lee?

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The cryptocurrency created by Charlie Lee is Litecoin.

Lee, a former Google engineer, released Litecoin’s open-source client on October 7, 2011. He built it from Bitcoin’s codebase but designed it as a lighter alternative intended to support faster, smaller payments. Litecoin’s network uses the Scrypt proof-of-work algorithm rather than Bitcoin’s SHA-256.

Several parameters distinguish Litecoin from Bitcoin. Litecoin targets a 2.5-minute block time, compared with Bitcoin’s roughly 10 minutes, and its maximum supply is 84 million coins rather than 21 million. Its native currency is abbreviated LTC.

Dogecoin is a common mix-up because it also uses Scrypt and later became merge-mined with Litecoin. However, Dogecoin was created by Billy Markus and Jackson Palmer in 2013. Charlie Lee is specifically associated with Litecoin’s creation and launch.

Source: Wikipedia · fact-checked Sept. 2026

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