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.

Institutional investors enter the cryptocurrency market

5 Apr 2020 1 minute read 0 comments Gamma

The adoption of Bitcoin. Although Bitcoin offers exceptional rates of return on investment (RSI), many institutional investors entering the cryptocurrency market still worry about the reliability of access to unregulated territory. With the official...

10 million people will have access to bitcoins

5 Apr 2020 1 minute read 0 comments Nogelyax2

10 million people will have access to bitcoins Revolut made the decision to open the crypto trading function to its customers earlier than expected by promoting adoption and ensuring another source of income during this global economic, financial and...

He lost 53 million euros in Bitcoin…

5 Apr 2020 1 minute read 1 comment Gamma

6000 Bitcoins  Collins bought almost 6,000 bitcoins with the money earned from growing and selling cannabis. At that time, Bitcoin was not worth as much as today, when it bought this cryptocurrency it was worth between 4 and 6 dollars, to date it has...

Live Cryptocurrency Price Update As BTC, BCH, BAT, LTC Continue To Form Bullish Patterns

5 Apr 2020 1 minute read 0 comments Dominus1

Ones again it a good news for all cryptocurrency holders or traders to invest and see their crypto grow. Earlier today I brought you my lovely followers the price update over the last 26l4 hours but it seems the growth of the top 20 cryptocurrencies...

Google: MEGA extension accused of stealing from Monero

5 Apr 2020 1 minute read 7 comments Gamma

MEGA, in the shadow of MegaUpload Kim Dotcom had the good idea to create a similar service with a level of computer security worthy of Fort Knox. Dubbed MEGA, Dotcom’s new cloud storage service is at the heart of Monero’s theft case. At least MEGA’s...

Simplest way to earn rewards

5 Apr 2020 2 minute read 16 comments BenKenobi

Staking and fixed or flexible deposit functions are fonctions proposed by different exchange platform. You can be rewarded simply by keeping your crypto in your wallet. I test since few days different solutions with an initial wallet of $100.   Binan...

Crypto Website Review: FaucetPay

5 Apr 2020 1 minute read 11 comments Schire

Earn crypto every 5 minutes with Faucetpay! Faucetpay is a micropayment wallet and earning platform wherein you can receive instant crypto payments from thousands of websites! You can withdraw your earned crypto to your personal crypto wallet for a v...

Price Update: Crypto Market Moves Up By 1% But Is It Enough?

5 Apr 2020 1 minute read 0 comments Dominus1

Good morning, how are you all doing? Hope we all doing great. In whatever religion you are please don't forget to pray for the victims of COVID-19 all over the world. Say no to racism cus only animals are racist without brain are racist. It another d...

An easy way to make money from home at the time of the quarantine #2

4 Apr 2020 2 minute read 4 comments Roberto D.

Here we are at the second appointment of "An easy way to make money from home at the time of the quarantine" in the first article I talked to you about how to earn through your internet connection leaving you also a link that will immediately give yo...

Brave: 1 million new users in 1 month

4 Apr 2020 1 minute read 1 comment Gamma

It is likely that the multiple containment measures decided around the world to fight the coronavirus pandemic have contributed to more Internet users testing Brave and its tripartite system, based on the BAT (Basic Attention Token) token.   This sy...