It's a long story. Centralization of Litecoin was revealed in drama "BitcoinExpress and Litecoin 51% attack".
no dude you are wrong on this one. Ltc is not any more centralized than bitcoin, if anything its less centralized.
Sorry, but I disagree.
its almost exactly the same. The only things they changed where the proof of work algorythm and the time between blocks. other than that its almost an exact clone.