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.


SHIBA, DOGE ed ETH infiammano il Mercato!

10 May 2021 1 minute read 0 comments dexpartacus

Aggiornamento sul mercato su quello che è successo nel week end: il fenomeno dei meme coin, con Doge e Shiba.Inoltre su Litecoin siamo estremamente bullish ed Ethereum macina massimi storici tutti i giorni, proveremo anche a fare un analisi sul cicl...

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10 May 2021 1 minute read 0 comments cryptogardens

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10 May 2021 1 minute read 0 comments KatsuCrypto

Like that song by Chaka Khan and Rufus, “Tell me something good!” Ethereum and Litecoin are pumping so hard right now and it just feels like vindication! I’ve held ETH and bought dips and we’re finally here! $4k ETH!  It’s been quite a while since I’...

WHAT YOU NEED TO KNOW ABOUT LITECOIN?

8 May 2021 3 minute read 0 comments PorshDan

WHAT IS LITECOIN?Litecoin is a cryptocurrency that was founded in 2011, two years after bitcoin, by a former Google engineer named Charlie Lee. Measured by market capitalization, Litecoin is the ninth-largest cryptocurrency. Initially, it was a stro...

Litecoin ATH Updated: Is This The Beginning Of A Huge Ball Rolling To The Moon?

7 May 2021 1 minute read 2 comments Fety Bernard Etienne(fetinafety)

Litecoin (LTC)  is my top  #4 Coin in 2021 proceed  EOS (EOS)  which is my top  #5. Yesterday, I updated  #EOS while its bull run breaks over up to 13USD. When I choose my top 5 Cryptos back on February 20th, 2021, there is someone who s...

Are any of the top coins a worthy investment at this point?

6 May 2021 2 minute read 2 comments Lukros76

Hear me out, this is really a question, I'm not gonna sit here and judge you for still investing in them or tell you you shouldn't cause that just isn't the case. I am mostly interested in talking about it and sharing my point of view. And in this ca...

BITCOIN'S HISTORICAL MONTHLY CHART - May Update!

5 May 2021 1 minute read 3 comments TrevorBalthrop

Hello out there in the world of Bitcoin and Crypto! My name is Trevor and today I share with you the updated monthly historical chart for Bitcoin!Bitcoin's Historical Monthly ChartApril has officially come to an end!Just as predicted in last month's...

TREVOR'S DAILY CRYPTO POLLS - May 4th, 2021

4 May 2021 1 minute read 0 comments TrevorBalthrop

Hello out there in the world of Crypto! My name is Trevor and today we have another fun-filled day of Daily Crypto Polls!The goal for doing Polls like this is to gather more insight into SA or the "Sentimental Analysis" behind the markets.Hopefully,...

New Zabo Integration: Litecoin (LTC) Self Custody Wallets

4 May 2021 1 minute read 1 comment Zabo

We’re excited to announce that Zabo now supports self custody Litecoin self custody wallets! Created in October, 2011 by Charlie Lee, a Google employee who later became Engineering Director at Coinbase, Litecoin is a popular Bitcoin-like cryptocurren...

TREVOR'S DAILY CRYPTO POLLS - May 2nd/3rd, 2021

4 May 2021 1 minute read 0 comments TrevorBalthrop

Hello out there in the world of Crypto! My name is Trevor and today we have another fun-filled day of Daily Crypto Polls!The goal for doing Polls like this is to gather more insight into SA or the "Sentimental Analysis" behind the markets.Hopefully,...