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?

11 Feb 2020 4 minute read 40 comments 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

19 Feb 2020 2 minute read 13 comments 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

6 Feb 2020 2 minute read 11 comments 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

9 Feb 2020 1 minute read 16 comments 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

6 Feb 2020 2 minute read 16 comments 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...

A comprehensive guide: How do you grow “mine” your own BANANO? With the BANANO miner!

2 weeks ago 3 minute read 14 comments LiquidAttic

So you hate or love BANANO 🍌 that is for sure. Because of my last post about BANANO I noticed that a lot of people like BANANO. Thats why i made this second post about BANANO. So lets make BANANO the number 1 meme coin! So i was taking a look at how...

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

12 Feb 2020 3 minute read 4 comments 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...

What the fork is a hard fork? (Explained in less than 250 words in a fun and engaging manner)

28 Feb 2020 1 minute read 2 comments MadMaxx

Ahh, the horror. Experiencing a fork can be one of the greatest moments of anyone's life. That is, if you know how to harness it. Back in the day when it was only Bitcoin that was the king of the hill, there were a bunch of critics that didn't like s...

Bitcoin State Of The Market (3/27/20)

1 day ago 2 minute read 0 comments mduchow

There are far more forces at play here than just Whales and Baby Whales pushing the market around. The infusion of trillions of dollars into the American Economy has unknown affects. The last trillion they pumped in for Bond Liquidity was immediately...

Legit Crypto Websites 2020 (With Proof of Payments)- Part 1

3 weeks ago 2 minute read 7 comments Schire

Hello! I'm here again to show you ways to earn crypto for free. As you know, I post apps or websites that I've used and proven to be legit and paying as of 2020- with proofs of payments of course. 😊 So now, after using these websites for days (or mon...