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.


Best Litecoin Coin Wallets

3 days ago 2 minute read ChangeNOW $2.27 tipped

Being one of the most profitable and groundbreaking ways of making a living, cryptocurrencies need a highly secured storage. Litecoin is one of the five most-used coins in 2019. Thus, choosing a safe and multifunctional wallet can be time-consuming a...

Passive Income: Are free crypto apps the Holy Grail or simply scams in disguise?

1 day ago 4 minute read CrypticSteve $0.15 tipped

Yes, I’m back – the guy with the dubious definitely not financial advice, here to talk about another might-be scam. It’s been a while… *Just to be clear, I am not going to get into anything about privacy, tracking, data theft, etc. in this article. I...

Litecoin Summit Recap on the Phillip Kennedy Podcast and Channel

5 days ago 1 minute read Mamaecrypto $2.18 tipped

🔥 HOT SUPER HOT! 🔥 This week me, Jonny Litecoin, Litecoin Lisa and Rebecca joined Phillip Kennedy in his YouTube channel to recap some of the best moments experienced at the Litecoin Summit. A fun and casual chat among Litecoin Volunteers with lots o...

Control of Crypto needs to be yours

1 day ago 1 minute read Wolf2015 $0.04 tipped

The reason for this article is to help you become aware of the ever increasing problems with using third party exchanges. The fees are significantly higher, and there is no guarantee that the third party exchange is honest, or if it will even be arou...

Another Historic Milestone for BTC ATMs!!!

2 days ago 1 minute read andreaskanel $0.03 tipped

  Great news of the world of crypto and specifically from the CoinATMRadar an online site for the crypto ATM in which illustrates that the total number of BTC ATMs overcome the number of 6000 worldwide.   You can see the Tweet of the Historic Milesto...

Watch MamaeCrypto and Kenneth Bosak make a Litecoin transaction using the Flexa App during the Litecoin Summit

1 week ago 1 minute read Mamaecrypto $1.27 tipped

Working the Litecoin booth was so much fun. I love making sales but transacting with Litecoin, in such an effective manner, using the Flexa check out system via Clover Commerce, was simply AWESOME. #PAYWITHLITECOIN And let's just say my clients were...

Blockchain is a new clickbait word

2 days ago 1 minute read shadowofsatoshi $0.02 tipped

Blockchain is a modern word. Even so modern that it has become a clickbait. Anyone uses it to focus readers' attention. But it is not blockchain like blockchain.Governments of world powers, management of large banks, start-up companies. All of these...

BITCOIN: HUGE SPIKE IN PROFIT TAKING! IRS CONCERNS OVER CRYPTO! STOCK MARKET DRAG BITCOIN HIGHER?

4 days ago 1 minute read CryptoBitcoinChris $0.06 tipped

  🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com...

BE PREPARED! BITCOIN'S NEXT BIG MOVE! $650m BITCOIN STOLEN! BTC OVER TAKE GOLD? GOV'T STOP BTC?

1 day ago 1 minute read CryptoBitcoinChris $0.01 tipped

  🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com...

These are the most important Bitcoin influencers

1 week ago 2 minute read DoRi $0.25 tipped

Image source When we talk about the Bitcoin's course, we regularly come across the names of influencers. Who are these people and why are they so important? In this article, we list a number of important Bitcoin influencers. The names of influencers...