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.

Why is it not safe to invest with crypto mining companies?

17 Jun 2020 2 minute read 2 comments Mabla

People are now obsessed with crypto currencies to the extent of doing anything possible to get something in their crypto wallets because they now believe this is the way to go in this Era. There are so many way of getting crypto currencies and this i...

Make money in Crypto Opportunities 2 – Telegram Bots

17 Jun 2020 1 minute read 2 comments ManuelAR

Today I want to introduce to you another form of earning some crypto; Telegram bots. Bots can be programmed for many different purposes, in this case, these bots were created to reward users for performing certain tasks. There are three ways you can...

Oasis (Anycoin) - south korea's Exchange Listing Market Event Celebration.

16 Jun 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 30 Anycoin ≈ $3 📈 Create an account at Oasis Exchange. 💸 Follow the Link to Oasis Exchange Airdrop Form. 🎯 Tasks:📌 Register at Oasis Exchange, verify your E-mail & Complete KYC verification.📌 Follow Oasis Exchange Tele...

3 shitcoins with good ideas that failed

16 Jun 2020 1 minute read 9 comments yanis

This post is in "good but unknown cryptocurrencies", but I wrote it for making another thing (and because I had this idea... poof). And because these shitcoins have nice ideas and concepts and can give ideas to developpers for future very good coins....

How to mine DASH...

16 Jun 2020 2 minute read 2 comments CryptoChemistry

As reported from its official website, it is no longer profitable to mine Dash from conventional hardware: mining from your own computer or CPU implies an expense greater than the possible benefit.Therefore, this guide invites you to set up at once a...

Moon Bitcoin/Dogecoin/Litecoin back online now!

16 Jun 2020 1 minute read 0 comments Overmind

  Coinpot 3 oldest and dearest faucets have now been relaunched Coinpot relaunched their oldest faucets on 10th june on tomorrow the loyality bonus will be reset. Moon Bitcoin Moon Dogecoin Moon Litecoin

3 Crypto Currencies worth investing in

16 Jun 2020 2 minute read 0 comments Mabla

There was a time when bitcoin was the talk of the town and it was recommended as the best crypto currency to invest in as it had received so much recognition. For sure that time it made waves and it was making money with bitcoin is very small. It ope...

How to approach and make money on Crypto markets?

16 Jun 2020 2 minute read 0 comments Mabla

Poverty is the root of all evil not money and with money and with money you can eradicate poverty, so all you have to do is find something worth investing in that will give you returns in time. You should decide whether you want to be a ‘path finder...

Do Market Makers (MM) manipulate markets? If so how and why?

16 Jun 2020 2 minute read 0 comments Mabla

Market makers, brokerage firms and investment banks are the big whales in the market, they are the ones who control supply and demand. They are the ones who move the market as they place big orders which create big movements known as the supply and d...

In what ways XRP is better than BCH?

16 Jun 2020 1 minute read 0 comments Mabla

Bitcoin cash (BCH) was created in August 2017 as a result of hard fork of Bitcoin and it was an update of the block size and this one could transact many transactions at once as a result of its block size with a lightning network which confirms trans...