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.


Update 3: Cats cryptocurrency prediction experiment!

19 Apr 2019 1 minute read Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this 2nd week. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1....

LITECOIN: Donate for a chance to win a Brazilian shirt autographed by Charlie Lee & John Kim

18 Apr 2019 4 minute read Mamaecrypto

Hello Crypto Enthusiasts! Make a donation to the Litecoin (LTC) mass adoption campaign and participate in an exclusive drawing by the MamãeCrypto channel. Compete for 1 Brazilian National Soccer Team shirt signed by two international celebrities from...

Litecoin's processing power reaches record highs

15 Apr 2019 1 minute read Exe8422

  During the last week, the processing power of the Litecoin network has been twice over its historical maximum. First, on April 8, when it reached its new peak of 359 TH / s. Then, this Sunday, April 14, when he averaged 347 TH/s. In BitInfoCharts d...

HighLights of the Crypto Summit Invest LA 2019 - Speakers and Litecoin

15 Apr 2019 2 minute read Mamaecrypto

It is a wrap. Yesterday April 10th 2019 was the last day to enjoy the largest Crypto conference in the West Coast, the Crypto Summit Invest. Although the event is quite large it  certainly provided a very welcoming, organized, resourceful and quite c...

Update 2: Cats cryptocurrency prediction experiment!

14 Apr 2019 1 minute read Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1. Lite...

Reducing the carbon footprint of Bitcoin mining

14 Apr 2019 2 minute read Coinhound

The concern around the global impact of mining bitcoin and other cryptocurrencies has received a lot of press of late, China is even threatening to ban the mining of Bitcoin if the latest press is to be believed. Indeed, it is believed that the minin...

Legit Telegram bots for crypto earnings.

13 Apr 2019 1 minute read 0xh3R01n

Zcash Earn free Zcash by clicking advertise on this Telegram bot. Try: https://bit.ly/2G3KUV6 --- Litecoin Earn free Litecoin by clicking advertise on this Telegram bot. Try: https://bit.ly/2TbcrJ5 --- Dogecoin Earn free Dogecoin by clicking adve...

Update 1: Cats cryptocurrency prediction experiment versus machine learning

11 Apr 2019 1 minute read Piet246

After my first experiment which can read below i have a new idea for an experiment. I want to let Machine Learning predict the price of BTC based on the data of CoinMarketCap. CoinMarketCap has a free API which you can use to import the data. On my w...

Coinpot token challange win 10 miljon tokens

6 Apr 2019 1 minute read Piet246

Coinpot is a collection of faucets which enable you to Earn free cryptocurrency. They now introduced challenges in which you can win 10 miljon coinpot tokens every month. This is for the winner. 50 other prices for the next top players. You need to E...

Cats cryptocurrency prediction experiment with #BTC #Doge #ETH #LTC #XRP

6 Apr 2019 1 minute read Piet246

At the end of last year i had an idea to let my cat named Dikke Streep predict what would be the top performing crypto for 2019. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. These were: Bitcoin Dogecoin...