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.


The most popular cryptocurrencies other than Bitcoin !

8 hours ago 9 minute read 1 comment SubhanSJ

Bitcoin has not only set the trend for cryptocurrencies, but it has also become the de facto standard, sparking a legion of followers and spinoffs. Let's take a step back and define concepts like cryptocurrency and altcoin before diving deeper into...

In which currency would you like to be paid: BTC, BNB, ETH... Or USD?

18 Jun 2021 1 minute read 1 comment Cryptofab

Think about that simple question: you are about to be hired for a job. The boss gives you two options for your salary: USD or BTC? Which one would you choose? Some possible thoughts below: 1) What can I buy with BTC? I have read somewhere that I can...

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

Alts to watch! 6/14

14 Jun 2021 1 minute read 3 comments F Sharp

  So I keep coins on my emergency watch list I call & hold, from that list. Also, keep in mind this is also for short term trading in some circumstances waiting to sell at a higher price maybe more profitable.   Coins with momentum to watch!!! Take s...

Earning Interest on your Crypto on Centralized Financial (CeFi) Platforms

10 Jun 2021 1 minute read 0 comments Hal the Bohemian

If you are a literal boomer or have know one for a long enough you probably know that there was a time when a "high interest savings account" truly was a savings account which was guaranteed to give the depositor a high rate of interest.  Rates as hi...

Cryptocurrencies' podium over time

8 Jun 2021 2 minute read 1 comment W.P

  More than a decade ago, Satoshi Nakamoto created Bitcoin, paving the way for other cryptocurrencies to be born. Over the years different currencies have been among the top 3, this article was written to remind you how volatile this market can be, a...

Cryptocurrency is a misnomer.

5 Jun 2021 3 minute read 3 comments Finance McVestor

Cryptocurrency is a misnomer.   Let's get honest about cryptocurrency. Whatever the coin - whatever the utility - you don't own cryptocurrency if you don't believe that whatever you own has some value. You come across several different types of peopl...

DOGE's long-term survival demystified

4 Jun 2021 1 minute read 2 comments felipejoys

Dogecoin, the most iconic meme blockchain ever created, still prints tokens worth money. It is all the way up there in the top 100 cryptocurrencies, ranked today as #6. The question is: why? If it offers nothing new and everything is already being do...

Earn easy BCH & Litecoin

3 Jun 2021 1 minute read 0 comments dg501

    Do you want to get Litecoin and Bitcoin cash in an easy way ... every week ... with punctual payments? If your answer is yes then you should definitely try these two applications.   The two applications (already used by more than a million people...

🎥 My Cryptocurrency Market Overview | 01.06.2021

2 Jun 2021 1 minute read 0 comments cryptospa

*watch on DTube Hello, dear members of Publish0x! In this video, I analyzed in detail the price chart of Litecoin (LTC/USD), by using Technical and Candlestick analysis in different time frames. Moreover, I outlined some interesting candlestick form...