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.


BTC, ETH, XRP, LTC, BCH Price Analysis For 22-26 of July

22 Jul 2019 4 minute read CryptoChartWizard91 $11.19 tipped

The cryptocurrency markets have been falling this month after going on an epic surge during May and June 2019. With Bitcoin falling and creating lower lows it felt like a good time to provide a quick overview of the top 5 projects! Bitcoin Bitcoin ha...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Nine - UP 20%

2 Oct 2019 5 minute read starthere $10.37 tipped

Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link,*** buy or sell $100 or more of crypto, and you'll receive $10 w...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Twenty-One - Down 83%

3 Oct 2019 5 minute read starthere $7.60 tipped

Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link,*** buy or sell $100 or more of crypto, and you'll receive $10...

Litecoin vs. Bitcoin Cash - Are they viable alternative payment networks?

13 Feb 2019 12 minute read Owl Yoda $7.31 tipped

Satoshi Nakamoto, the enigmatic creator of Bitcoin, originally conceived the digital currency as a “peer-to-peer electronic cash system”. Over the years, the narrative has gradually shifted, and today Bitcoin is commonly regarded as a “store of value...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

11 Sep 2019 7 minute read Mr.CryptoWiki $7.22 tipped

The cryptocurrency market is flooded with varying types of cryptocurrencies with different unique use cases. Some cryptos intend to be transparent and trackable currencies (electronic cash), while others implement privacy features to feature complete...

Litecoin (LTC) Price Prediction 2020 - $160 Possible?

8 Oct 2019 8 minute read CryptoChartWizard91 $6.90 tipped

Litecoin has seen a rollercoaster of a year thus far (as of 07/10/19), after the cryptocurrency managed to surge by a total of 345% from the yearly open to the 2019 high - a move which had seen Litecoin rise as high as $146 during June 2019. This phe...

Daily Price Overview - Where The Top10 Crypto's are Headed?

10 Sep 2019 6 minute read CryptoChartWizard91 $6.79 tipped

The cryptocurrency markets are in an interesting position as cries for altcoin season start to increase across the crypto sphere. As Bitcoin starts to show signs of weakness, many altcoin holders are starting to wonder if its time for the elusive “al...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Eight - UP 42%

5 Sep 2019 4 minute read starthere $6.64 tipped

Interested in earning cryptocurrency for publishing and reading articles?  Join us at Publish0x! The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market c...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Five - UP 114%

5 Jun 2019 4 minute read starthere $6.20 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. Think...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Nineteen - Down 75%

7 Aug 2019 4 minute read starthere $5.24 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...