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.


Cryptocurrencies Continue To Fall In Price Value Amid The Continue Rise Of COVID-19

17 hours ago 1 minute read 0 comments Dominus1

The latest price chart of the various cryptocurrencies like BTC, Eth, BAT, LTC, BCH, BNB, OGN, Maker Dao, Crypto.com is not anything to write home about. Over the courses of the last 24 hours there were some upwards and downwards movement of some cr...

Cryptocurrencies And Human At Risk Of Losing The Fight Against Coronavirus

18 hours ago 1 minute read 0 comments Dominus1

Good day Fam, As we all know the fight against Coronavirus Is not easy. It seems we are losing out to the global pandemic Coronavirus. Now almost every country is in a lockdown. There are shortage of foods and money in the poor men and women's houses...

What to do in quarantine: Three games for free

1 day ago 1 minute read 0 comments Roberto D.

I promised another article in the "An easy way to make money from home at the time of the quarantine" section but I thought that apart from making money, losing a couple of hours in a different way is a good idea, and then it's free.   On the Google...

HIVE the fork of STEEM trades Live - Check Exchanges

1 day ago 1 minute read 0 comments kingscrown

HIVE forked from STEEM after TRON bought it. If you are into social media you have seen all the drama for sure.   Finally took a week but our main spot is live with deposits and withdrawals. Want to buy or trade some HIVE or HBD ? Here is how and whe...

Look At These Powerful Bullish Signals Of Litecoin Appeared Second Time In Its History | LTC Long Term Analysis 2020-2021

1 day ago 4 minute read 0 comments moon333

A powerful bullish signal 2nd time appeared in history of LTC: In June 2016 there was first time in the history of Litecoin the 50 simple moving average crossed up the 100 simple moving average on weekly chart. And this golden cross produced really v...

5 Simple Ways to Spot and Avoid Coronavirus Scams

1 day ago 2 minute read 0 comments bettercallpaul

5 Ways to Spot Coronavirus Scams (Republished in part from News4Jax.com with commentary and opinion statements following) Special Edition of the Better Call Paul Blog  Author Credits:  Lauren Verno, Consumer Investigative Reporter NOTE:  In the name...

The Road to 1 DAI on Publish0x

1 day ago 1 minute read 0 comments Thomas Wolf

It came faster than expected, largely due to a random decision to start writing articles pretty much daily, and then again with a random change in Publish0x payment methods from Hydro to DAI.I wrote an article on How to withdraw your BAT directly to...

Thailand’s largest bank SCB is building a QR code-based app using Ripple’s payments technology

1 day ago 1 minute read 0 comments NewsBitcoin247.com

Thailand’s largest bank SCB is building a QR code-based app using Ripple’s payments technology Siam Commercial Bank (SCB) is known as the oldest and largest bank of Thailand with more than 1000 branches across the nation. Thailand’s SCB is also the p...

Bitcoin State Of The Market (3/27/20)

1 day ago 2 minute read 0 comments mduchow

There are far more forces at play here than just Whales and Baby Whales pushing the market around. The infusion of trillions of dollars into the American Economy has unknown affects. The last trillion they pumped in for Bond Liquidity was immediately...

The new Binance crypto debit card is accepted at 46 million Visa merchants worldwide!

1 day ago 1 minute read 0 comments Jumble

Use your Bitcoin, Ether, XRP, Litecoin to shop and pay for products or services with the new Binance Card. The new Binance Card is accepted at 46 million Visa merchants worldwide. You can also use the Binance Card for online shopping. This Binance Ca...