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.


Litecoin mining power fallen after the new halving

23 Aug 2019 1 minute read 1 comment CryptoArgha

Litecoin is the 5th largest cryptocurrency according to coin marketcap and its Minable Recently the litecoin foundation conducted a update on the litecoin blockchain and made few changes. Many people are mining litecoin for living. Litecoin miners ar...

Can someone help explain BTC wallets to the US Treasury?

23 Aug 2019 1 minute read 3 comments beachbummer

A news item popped up where the US Treasury was trying to do the right thing by blocking funds to 3 alleged Chinese drug kingpins. The only problem was that these criminals were using BTC and LTC address to receive funds from their clients, so the US...

x200 Leverage Coming to Trade Bitcoin, Ethereum and Litecoin + 40% fees off

22 Aug 2019 1 minute read 0 comments kingscrown

This is a new spot, i have met authors. They wanna take market cut from bitmex and offer insane bonuses if you signup now before launch. Even if you never traded leverage its good to have an account there, even just waiting due to discounts on fees t...

Facebook is Dealing with Its Own News Administration

21 Aug 2019 1 minute read 0 comments goldenforex

Facebook is procuring a little group of writers to take a shot at its new area of the News Tab, which will start work not long from now. Albeit a large portion of the articles on the News tab will be made utilizing computer based intelligence, a grou...

Update 19: Cats cryptocurrency prediction experiment!

21 Aug 2019 1 minute read 1 comment Piet246

After a week in which BTC dropped from $12000 to $10000 because of the dumping of BTC by plustoken scam on exchanges . I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of crypt...

Free Litecoin LTC Faucet Mobile App (on Android and IOS)

20 Aug 2019 2 minute read 19 comments Bitcoin Aliens

We’ve launched our brand new Free Litecoin Mobile app today on the Android Play store and coming soon for iOS! Download it here and start earning Litecoin rewards today. Earn Free Litecoin with the Latest Mobile Faucet App from Alien Apps Don’t have...

Whether Litecoin may soon rise in price despite the massive selling pressure and the recent dusting attack?

19 Aug 2019 1 minute read 0 comments Cryptonewscom

According to NEWSBTC: Litecoin has been enveloped in negative sentiment, which has largely originated from its lackluster price action after the halving event and a recent dusty attack that has affected nearly 300,000 addresses LTC on Binance   Litec...

LTC, XRP price analysis - 08/19/2019

19 Aug 2019 1 minute read 0 comments zulonga

This post is intended to make a quick analysis of Litecoin (LTC) and Ripple (XRP) prices in the medium term against the US dollar. Litecoin (LTC) According to Elliot wave theory, we are now going through correction wave 2 A, B, C with the current st...

Litecoin fund is running out quickly. What will Litecoin's future be like?

19 Aug 2019 1 minute read 1 comment Cryptonewscom

Litecoin fund is going through a financial crisis? Yes, according to the report, the fifth largest electronic currency in the world currently has only 96,000 USD in reserve at the end of the first quarter of 2019 However, Charlie Lee - the father of...

we know that cryptocurrencies are so good, so why are so many governments don't like it?

19 Aug 2019 6 minute read 0 comments PH-X

Let's start this discussion again. we know that cryptocurrencies are so good, so why are so many governments don't like it? If people use bitcoins, instead of the state currency, the government can not "tax" them or give a "value" through the inflati...