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.


Sichuan: Mining farms destroyed

22 Sep 2020 1 minute read 1 comment Gamma

Sichuan: Mining farms destroyed Extremely heavy rain fell on the province of Sichuan creating mudslides and landslides particularly dangerous for the population. There have already been several deaths due to this disaster, and the electrical network...

BitFlyer : The exchange that allows to buy Bitcoin with Paypal

22 Sep 2020 1 minute read 2 comments Gamma

BitFlyer allows its European users to buy Bitcoin with their Paypal accounts. With the integration of PayPal BitFlyer allows you to make deposits directly in euros on your account, it's a very interesting evolution to see that now it's possible to bu...

BTC USDT Btc came to get doping? x channel analysis

21 Sep 2020 1 minute read 0 comments @bniv0123

  Hello friends.I wanted to talk about the btc situation in this analysis. As of now, more than 90 percent of the stock exchanges are seeing that the indicators turn red. The reason for this is the power of the btc factor, ie all markets see btc as...

Cryptopia; $18 million A hack that costs them dearly

21 Sep 2020 1 minute read 1 comment Gamma

A refund by the end of 2020? Cryptopia's trading platform has never really recovered from its large-scale hacking attacks. Although the crypto-money exchange attempted to reopen in March 2019, it was definitively liquidated after only two months. Af...

Litecoin Transactions Surge Following Release of LiteBringer Game

21 Sep 2020 2 minute read 11 comments TheDesertLynx

Litecoin's transaction volumes have increased severalfold following the release of role-playing game LiteBringer on to the Litecoin mainnet. Network data points to the game as a likely catalyst for the transaction surge. Announced last week, LiteBri...

Earn Profit Holding BFG Tokens - New Gambling Platform BetFury

21 Sep 2020 1 minute read 3 comments EarneyBitcoin

Today i wanted to show you how to earn profit holding BFG tokens which operate on the new gambling platform BetFury.   Bet Fury is a really nice looking new gambling website that has some amazing features, it has a free bitcoin faucet that gives you...

Is India Ready to ban Trading in Cryptomoney?

21 Sep 2020 1 minute read 5 comments Gamma

The end of trading in cryptomoney in India The Indian government hopes to completely prohibit crypto-money transactions.    After much discussion, India is about to ban the trading of cryptomoney while since the year 2020 many companies have opened...

Litecoin Price Analysis 21 2020

21 Sep 2020 1 minute read 1 comment Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily Litecoin. We also provide you with the Litecoin's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading vo...

DO YOU KNOW ATOMIC WALLET?

20 Sep 2020 1 minute read 0 comments Coincobra

Atomic Wallet is an app available for Android and IOS devices in the cryptocurrency wallet format. Atomic wallet has many options of cryptos for exchange and purchase. In addition, it has the function of STAKING with crypts: ATOM (10%) XTZ (7%) TRX (...

Honeygain : Earn Money for Free now

20 Sep 2020 1 minute read 2 comments Gamma

Start earning money for free right now Don't lose time and sign up at honeygain,here is the first presentation of Honeygain, the best way to create a real income completely passive, you can withdraw your money with Paypal or Crypto. You can use Hone...