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.


Mommin' It Monday - Stream 36 - Crypto News Mar 16th, 2021

18 Mar 2021 1 minute read 0 comments Mamaecrypto

Despite the little dip, we experienced in the crypto markets this week; Lisa and I continue to cover the most relevant crypto topics in our weekly news. In this episode, we not only covered several headlines but also get a chance to take an in-depth...

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17 Mar 2021 4 minute read 0 comments lordneroo

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13 Mar 2021 1 minute read 0 comments idm

This post examines LTC/USD retail price and volume movement from Jan-01 to Mar-12. 2021 started with LTC trading around 130 USD on high volume. The first week in January ended with strong trading that drove the price towards 175 USD. The price conti...

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11 Mar 2021 3 minute read 0 comments SergioStars

Hello, Publish0x community, I would like to share my top 5 cryptos that I have invested in and why. These days we are having more crypto/blockchain technologies being developed and released faster than we can research and access their usability, pote...

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10 Mar 2021 1 minute read 0 comments HACCP76 - Darren Langdon

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CC207 - Litecoin is Dope & MimbleWimble Privacy Feature on the Way

9 Mar 2021 1 minute read 0 comments Chesatochi

⏰ Time Stamps ⏰ 00:00 Introduction00:53 The future of money main page03:43 Litecoin for individuals05:35 Litecoin for businesses07:01 Litecoin blog Introduction Litecoin is compared to the silver market where Bitcoin is equal to the gold one. Liteco...

Doing the math

8 Mar 2021 1 minute read 6 comments Lbrcarpentry

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Going Ape While Coveting Your Neighbor's NFT

6 Mar 2021 1 minute read 4 comments Allen Taylor

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Mommin' It Monday - Stream 34 - Crypto News Mar 1st, 2021

6 Mar 2021 1 minute read 0 comments Mamaecrypto

  This week was a wild one for me and I am just now posting our Mommin' It Mondays news episode today.  I apologize for the delay but know that the delay was caused by great things that we are together storming out.  If you want to know what I have b...

Blockchains 101: Litecoin

5 Mar 2021 2 minute read 0 comments TradingBull

Bitcoin’s Light Brother Introduction: Litecoin (Ticker: LTC) was developed in 2011 by Charlie Lee, a former Google employee. Lee’s initial motivation and purpose was to create a “lighter” version of Bitcoin. Because bitcoin was the starting place of...