Lite- coin Core is one of the free software which enables the use of this currency. Lite coin is a peer-to-peer Internet currency that facilitates instant, no charge payments to anyone in the world. Lite-coin is a free/libre, third-party payment network without any central authorities. Mathematics secures the network and permits individuals to control their own finances. Lite-coin traits faster transaction confirmation times and improved storage efficiency than the leading math-based currency, Lite-coin is a proven medium of commerce complementary to Bitcoin. Lite pay is a tool to admit payments from customer anywhere on earth. Lite-coin differs from Bit coin in the total number of coins that each cryptocurrency produces. Lite-coin distinguishes itself. The Bitcoin never exceeds 21 million coins whereas Lite-coin can accommodate up to 84 million coins.