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.


Bitcoin as a Safe Haven: Fact or Myth?

1 week ago 4 minute read cam_elica_24

Image Source: Shutterstock   Over the years bitcoin has frequently been touted as a “safe haven” and the narrative has only gotten stronger in the past weeks. Apparently the idea won’t die, despite its legendary volatility and reports of thefts and h...

North Korea Scale-Up Monero Mining Activity

1 day ago 2 minute read MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. The second research report from threat intelligence agency Recorded Future highlights that North Korea have scaled up...

Justin Sun, Charlie Lee and Warren Buffet dinner finally happened

2 weeks ago 2 minute read Mamaecrypto

In 2019 Justin Sun, the Chinese cryptocurrency enthusiast and CEO of TRON and BitTorrent won a dinner with Warren Buffet in a yearly auction. The much anticipated dinner did not come fast but finally happened and was announced by Justin Sun today, Fe...

BTC hits $10,000 USD as crypto growth continues

1 week ago 1 minute read manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

Secure Your Privacy With Anonymous Mixed Litecoin Transactions

2 weeks ago 2 minute read Scott Cunningham

Privacy is so important and while there are coin joiners and private coins, many people still rely on mixers. Luckily there is now a mixer for crypto users looking to anonymously transact Litecoin! As Litecoin Mixer reads on the homepage a Litecoin M...

Litecoin Giving This Strong Bullish Signal After 3 Years Made Me Amazed | A Complete Long Term Analysis On LTC 2020

1 week ago 3 minute read moon333

After hitting the highest price $370 in Dec 2019 the price action of Litecoin is facing strong bearish trend on long term chart. The situation went more disastrous when the price action dropped more than 0.786 Fibonacci and there was rumored among th...

Review of the Gekkoscience 7 Port USB 2.0 Hub

5 days ago 2 minute read AverageVancouverite

The Gekkoscience 7-Port USB 2.0 Hub Spec: 7 X USB 2.0 ports (Can run 7 miners at once) + 1 X USB (Power Only) Power supply NOT included (Need a 12V 10A Power Supply Unit) USBs supported: Gekkoscience 2Pac, Gekkoscience NEWPAC, TTBit Stick Miner, Fu...

Live Voting Results Updates: Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace

4 days ago 2 minute read Bragato18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

Limited Edition Litecoin Poker Chips Available for Purchase at CryptoPopUp store

1 week ago 1 minute read Mamaecrypto

Support the Litecoin Foundation by purchasing the Collectable Litecoin Poker Chip created for the 2019 Litecoin Summit Las Vegas. These are limited quantity poker chips, created by the Litecoin Foundation graphic designer Dani T.  Only 500 pieces wer...

Litecoin partner with lending platform cred

1 week ago 1 minute read CryptoArgha

Litecoin also known as Digital silver which is currently world 5th largest crypto currency Recently Litecoin announced about their strategic partnership with cred a lending platform Cred - A san Francisco based crypto lending and borrowing platform t...