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.


21 hours ago 5 minute read goldenforex $0.15 tipped

Litecoin (LTC) Follows the Stream and Falls below $75 in a Day     Following all the significant coins, Litecoin has likewise seen an intense time in the course of the most recent day, and it has fallen underneath 75 USD in this period. It has exper...

Monday could be the start of the next bullrun - BAKKT goes live

1 day ago 1 minute read Phabulu $0.09 tipped

Monday could be the start of the next bullrun The key to its success is something called the blockchain. The blockchain is a means of solving the double-spending problem: which is that because the currency is digital it is open to being copie...

There is a trading opportunity to buy in IOSTUSD

3 days ago 1 minute read goldenforex $0.15 tipped

Technical analysis: . Isimple/Dollar is in a range bound and the beginning of uptrend is expected.. The price is below the 21-Day WEMA which acts as a dynamic resistance.. The RSI is at 47.. While the RSI downtrend and the price downtrend in the dail...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

1 week ago 7 minute read Mr.CryptoWiki $6.63 tipped

The cryptocurrency market is flooded with varying types of cryptocurrencies with different unique use cases. Some cryptos intend to be transparent and trackable currencies (electronic cash), while others implement privacy features to feature complete...

Detailed View of Current Altcoins Situation, Reversal Is Coming? - ETH, LTC, XRP & BAT Price and Time Analysis

6 days ago 3 minute read zulonga $1.67 tipped

Introduction I was analyzing the Basic Atention Token (BAT) cryptocurrency and was able to find a relationship with countless other altcoins I have on my radar - including NANO that made a recent post talking about the difficulty it is having in rais...

Daily Price Overview - Where The Top10 Crypto's are Headed?

1 week ago 6 minute read CryptoChartWizard91 $6.50 tipped

The cryptocurrency markets are in an interesting position as cries for altcoin season start to increase across the crypto sphere. As Bitcoin starts to show signs of weakness, many altcoin holders are starting to wonder if its time for the elusive “al...

Litecoin Rise Unveiling!

1 week ago 1 minute read Oligon $0.48 tipped

CONTEXT Litecoin has been on a massive sell off in very similar magnitude and length (2-3 months roughly) than the rally that took price from $65 to $145 for a +100% increase. Similarly, since late June, price has lost half it’s value in about two mo...

Top 3 price prediction Bitcoin, Ripple, Ethereum: Ethereum points to the Moon as Bitcoin takes a break

1 day ago 3 minute read goldenforex $0.04 tipped

ETH/USD surpasses $220 and is offering to lead the market. Bitcoin sets a bear trap and recovers $10,000. XRP slows down between specialized levels and neglects to combine $0.30. Landing toward the part of the bargain, we can say that what has occurr...

LTC / USDT Technical Analysis [BINANCE]

5 days ago 1 minute read MrBullishSail $1.23 tipped

LTC seen from the temporality of 1D we can observe a bullish movement inside the minor figure that represents an ascending wedge indicated in the graph by means of 2 red diagonals, the price should still mark a new HH inside this figure before ha...

Cryptocurrency Market News - Bitcoin and Altcoins News 19/09/2019

3 days ago 3 minute read goldenforex $0.27 tipped

XRP flies upwards, first target is at $0.33   The quality of the XRP is dazzling after numerous long stretches of shortcoming. In the event that XRP penetrates the $0.34 level upwards, it can fly towards $0.50. XRP is arousing rapidly during the ear...