Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

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Litecoin (LTC) is a P2P and open source project invented by Charlie Lee in 2011. The LTC token resembles Bitcoin in many ways, but has many distinct differences which has led market enthusiasts to dub it the silver to Bitcoin’s gold. 

Litecoin is a fork of Bitcoin Core, and has a block generation time that is a quarter of Bitcoin’s, at 2.5 minutes and 4 times as many max tokens at 84 million tokens. It is also uses a different hashing algorithm that is more demanding of memory. 

Its mining algorithm requires processes to take place serially, which significantly reduces the advantage of those capable of purchasing ASIC hardware. The intention was to make mining as decentralized as possible, i.e. it makes the power to purchase expensive hardware less of a factor in determining mining capacity. Bitcoin, at this point, is well-known for its mining to be out of reach of most people. Litecoin is a financially lucrative alternative to the number 1 token in this regard.

LTC continues to be one of the most discussed and monitored cryptocurrencies still, years after its launch, a distinction not shared by many other cryptocurrencies. The quicker transaction processing times has led some analysts to believe that Litecoin will be a better alternative to Bitcoin in real-world applications, but scalability and performance improvements to Bitcoin (and Litecoin itself) could change opinions in the years to come. Founder Charlie Lee himself has said that Bitcoin does well as a store of value, while Litecoin is optimal for day to day transactions. 

In this tag, read Litecoin (LTC) news, price predictions, opinions and analyses created by users.


Nigeria Leads the world in level of interest in Cryptocurrencies

5 hours ago 1 minute read 1 comment Trebol

Nigeria, the largest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest growing cryptocurrency markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria ha...

Understanding UTXO model

5 hours ago 1 minute read 2 comments yanis

UTXO is the basis (or one share of), but around no one understand it. In this article, I will try helping u understanding it.   What does it mean ? UTXO it the acronym for Unspent TX Output. For understanding it, a transaction is a set of inputs and...

Ethereum Dethroned Bitcoin As Top Currency According To Weiss Rating

11 hours ago 1 minute read 0 comments Zemiatin

The popular rating firm has recently placed Ethereum ahead of Bitcoin in it's cryptocurrency top.   The top 5 According to Weiss is now the following: 1. Ethereum ( ETH ) 2. Bitcoin ( BTC )3. Cardano ( ADA )4. Litecoin ( LTC )5. Stellar ( XLM ) The...

During the last week, the cryptocurrency market continues to grow: The BTC and ETH lead the way

9 Aug 2020 1 minute read 0 comments Trebol

During the week of August 1 to 7, the cryptocurrency market continues to grow. Similar to the movements of the previous week, the increases observed in the vast majority of altcoins exceed 23%. The price of bitcoin continues to grow in these seven da...

Young people interested in BTC, why will this increase its value?

9 Aug 2020 2 minute read 1 comment Roberto D.

Investors are increasingly turning their attention to "hard assets" such as gold and Bitcoin to protect their capital from inflation resulting from the massive surge of money in economic systems, resulting from the actions already deliberated by cent...

Ethereum Vocabulary

7 Aug 2020 1 minute read 0 comments yanis

A little article about ethereum vocabular. For showing that it isn't "for devs only" (and also for impressing your friends)   Gas Everyone uses gas, but not so much people knows what it's really. For making it very sample, ethereum is a decentralized...

Different kinds of staking

7 Aug 2020 2 minute read 8 comments yanis

Staking is often presented as a miraculous thing that can earn us many. This approach is also used by scams (see my article sbout stakedwallet) for hiding their ponzi scheme. But, no one says what's really staking and different kinds of. disclaimer :...

Win LTC on Smartphone Game / Free LTC Coin

7 Aug 2020 1 minute read 1 comment MrBitcoin

Win LTC every hour   you can play the game every hour and win up to 100,000 Litoshi you look at some commercials and increase the possibility of winning the main prize. 100% payment from 20000 Litoshi. https://bitcoinaliens.com   With 4 year history...

5 Popular Ways to Invest Cryptocurrencies

7 Aug 2020 1 minute read 0 comments Huen

1. Margin trading with contracts to difference Advantages Does not require high capital Earn arbitrage when the market rises or falls with the possibility of shorting selling No need to own and hold cryptocurrency Defect Relatively high risk if the l...

What is nano (NANO) ?

6 Aug 2020 1 minute read 3 comments yanis

Nano is a cryptocurrency that's around 1$ (no, it isn't a stablecoin). It is sometimes presented as the new bitcoin, but, what is really NANO ?   Block-Lattice instead of blockchain The strangest thing of this crypto is that it doesn't use blockchai...