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.


What is CPU and GPU mining?

22 May 2020 1 minute read 0 comments tornadooo

CPU mining is the name given to mining with the central processing unit, the processor we know from our computers. In this mining type, the mathematical equations used for transfers are solved with CPU. Actually, in the early days, cryptocurrency min...

Birdchain App Earn From ads , SMS & Engagement. 100% Legit !!! Payment Proof Inside Post

22 May 2020 1 minute read 0 comments Airdrop Radar

Introduction to Birdchain BIRDCHAIN is a decentralized instant messaging app for Android. Users get paid for selling their unused SMS(which you really don't use anyways), watching promotional videos and getting money for the use of their personal dat...

Bintex Futures (BNTX) - Decentralized Margin Exchange.

22 May 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 1000 BNTX ≈ $12.5 & 200 BNTX ≈ $2.5 for each Referral. ⚠️ Airdrop Event only for the first 10,000 Participants!!!     ✈️ Start Bintex Futures Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram group. (M...

Huobi Pool added VSYS & BTT distribution to HPT holders

22 May 2020 1 minute read 1 comment Jakonfire

Huobi Pool added VSYS & BTT distribution to HPT hodlers Today was the first day Houbi distributed more than the previous 14 Cryptos to the HPT hodlers. Since today you also get VSYS and BTT airdrops depending on the amount of HPT you hold in your Huo...

The Effects of Too much coin Supply?

21 May 2020 1 minute read 2 comments drmudpro

Now Crypto market seems to be dominating the world, there are more than 1000 different types of coins on the market right now. Companies go through ICO then after they go on IPO were they will be offering it tokens/coins to the public. Whenever a cry...

Transfereuim (TRN) - Project Aims to bring money transferring to blockchain.

21 May 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive up to 45 TRN ≈ $10 & 5 TRN for each Referral. 📈 TRN is Already listed in CoinGecko. ✈️ Start the Transfereuim Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram Group & Say something like that to get your tokens...

Selling pressure for Litecoin

21 May 2020 2 minute read 6 comments Cryptonite

  Hello everyone, today I would talk about Litecoin chart, LTC is one of the oldest cryptocurrency and also one of the most traded with constantly more than 2 billions Dollar exchanged every day, we can say that is pretty much liquid. The chart show...

Lung Protocol (L2P) - Project in e-commerce.

21 May 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 2111 L2P ≈ $21 & 500 L2P ≈ $5 for each Referral. ✈️ Start the Lung Protocol Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram Group & Channel. (Mandatory)📌 Follow on twitter like & retweet the pinned po...

3 ways to set up a Bitcoin wallet

21 May 2020 1 minute read 2 comments tornadooo

There are many Bitcoin wallets and they all differ in their features. Mobile software wallets are perfect for everyday use, and desktop software wallets provide a great balance between convenience and security. 1. Install a software bitcoin wallet Th...

BitMax introduces ONE staking - a whopping 68%!

21 May 2020 1 minute read 1 comment manilpwn

Today BitMax finally began allowing staking Harmony ONE, alongside their already existing staking products - KAVA, XTZ, and ATOM, all available to be staked at reasonable rates of returns comparable to other exchanges.   However, today BitMax introdu...