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.


How to Instantly Exchange Litecoin to Bitcoin (LTC to BTC) Without KYC in 2023

6 Sep 2023 4 minute read 0 comments Swapzone

If you're a crypto enthusiast, you know that Bitcoin (BTC) and Litecoin (LTC) are two popular currencies that have garnered significant attention over the years. But what if we told you there's a way to exchange LTC to BTC instantly without going thr...

Bitcoin, Litecoin, and the Case of the Jealous Giant

2 Sep 2023 13 minute read 11 comments BitcoinGordon

Hello All! Life gets busy and time awaiteth no man (I checked...that's how it's spelled). All that to say, I haven't written in a while, and every once in a while I get a note from wonderful friends or followers poking my side to make sure I'm still...

Cryptocurrencies To Watch This Week Ahead Of The Monthly Market Close

28 Aug 2023 4 minute read 2 comments Rubikkav

Bitcoin and Ethereum continue without any relative movement. Little liquidity, volume and bearish sentiment promise an upcoming price correction. Digital assets such as Litecoin, Binance Coin, Optimism Network and among others, seek the average w...

How Bitcoin Made My Life Easier Since We Met in 2016: My Story Part 1

12 Aug 2023 1 minute read 1 comment Coins Reporter

Hello Folks, Since the inception of Cryptocurrencies and Bitcoin in particular, there's always been a particular search phrase 'how to earn free crypto'.  (Tell me in the comment box if you have ever tried it.) You would assume that this phrase has g...

Ferrite(FEC) - A crypto pointing to an unimaginable future.

10 Aug 2023 4 minute read 3 comments Eddyc

Greetings Friends; Unfortunately or fortunately the demand for privacy and excellence in the crypto world is growing every day and with that we must take into account the primary aspect of a project and in this case we can analyze the essence and wh...

A Disappointing Litecoin Halving Event - What Now?

3 Aug 2023 2 minute read 2 comments Sapphire Crypto

A Little Out Of Key History definitely tends to rhyme. However, sometimes it tends to go a little off-key. Kind of like with the recent Litecoin halving. Yes, LTC did rally into the halving, but it underperformed the performance of the past two halvi...

Litecoin after 3rd halving

3 Aug 2023 1 minute read 2 comments Yugocean

     Litecoin's third halving took place on August 2, 2023 at 03:06:33 PM (GMT), bringing both pause and question to a number of announcements and speculations that are starting now. The Volatile Price of Litecoin      In general, the price of Lite...

Fun facts about Litecoin

2 Aug 2023 1 minute read 0 comments cryotosensei

LTC halving is today!  Fun fact 1: did you know that Litecoin has surpassed Bitcoin to be the most used crypto on the BitPay payment platform? (https://www.lookintolitecoin.com/post/litecoin-surpasses-bitcoin-as-the-most-used-cryptocurrency-on-bitpay...

Litecoin Halving 2023 Is Hours Away

2 Aug 2023 5 minute read 1 comment Ana Rojas

We’ve all heard of Bitcoin halving. But Bitcoin is not the only ‘traditional’ cryptocurrency that undergoes this process: the digital currency ecosystem is anticipating one of the most important network events for the coming week, the Litecoin halvin...

Selling all my AI cryptos, no regrets

1 Aug 2023 1 minute read 3 comments LeftFooted

The AI hype hasn't fully died down yet, although it seems people are talking about it a bit less, but AI crypto prices are down the drain. Fetch.AI (FET), one of the few AI cryptos that literally has 'AI' in the name, is no longer in the top 100 lis...