Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

438 Articles 921 Followers

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.


Litecoin to Rise due to MimbleWimble ?

2 weeks ago 1 minute read kingscrown

Mimblewimble is a blockchain protocol created to improve privacy, fungibility, and scalability of blockchains. It was published on July 19, 2016 under the pseudonym "Tom Elvis Jedusor" which is the French name of Voldemort from Harry Potter. First it...

Another Bitshares Exchange Dies - SparkDEX

2 weeks ago 1 minute read kingscrown

SparkDEX is a on-the-fly buy spot + exchange built on Bitshares.They also had program where you have their tokens and they buy them back and burn from fees exchange makes. Now they announced they are closing and last buyback of their token. Over the...

New Stuff Added on Binance That You Should be Aware Of

1 week ago 1 minute read kingscrown

The fastest-growing in the world exchange - Binance added new stuff today and in the last days that I think every crypto trader should not miss. Weekly Altcoin Price Fluctuation Ranking They got aware many people dont get history or how to read chart...

How to stay safe using software wallets - Part 11 How to store your crypto

2 weeks ago 2 minute read bitcoindelight

If you are still with me by now, you should know why I prefer using a software wallet to store my crypto. We have been through a few questions to make sure you get an understanding that there are different use cases. Therefore you should know how muc...

Travel with: Litecoin LTC - part 1

1 week ago 3 minute read renabs94

Summer is approaching and the time has come for many of us to start thinking about where to go on vacation. for many enthusiastic cryptocasters it can sometimes be a nightmare to try to spend their coins to book hotels, flights... cryptographic payme...

stop loss orders, and why 'reduce-only' is so important (Binance Futures live example)

2 weeks ago 4 minute read oceanloader4

I wrote a few posts with scattered information about Binance Futures altcoin markets, and in each one I bang on about stop loss orders. I figured it's time to explain a bit more fully how to use them (well, how I use them anway).   DISCLAIMER: I am a...

Where to install my software wallet - Part 9 How to store your crypto

2 weeks ago 1 minute read bitcoindelight

If you have followed this series you should know that I am using a software wallet. I pointed out why I think hardware wallets (Ledger) aren't the best option for me holding my cryptocurrencies. On top, I gave some questions you should be able to ans...

Residential miner review: Mine Crypto at home without having to buy an expensive ASIC miner! (Potentially?)

2 weeks ago 5 minute read mduchow

This is a review of arguably the most popular and widley known Cryptocurrency residential miners, the Coinmine ONE and the Apollo Scrypt Miner! For this review I have tried and tested both devices and this will be a full breakdown of both devices to...

Travel with: Litecoin LTC - part 2

6 days ago 2 minute read renabs94

After the first part of this article, here we are finally in the second part, where we will continue to discover new sites to visit our holidays with Litecoin. In this article there will be a longer and more complete list, with also a site to book ra...

DeFi - pTokens, create your own Litecoin (pLTC)

1 week ago 1 minute read renabs94

pTokens has announced the launch of the new ERC-20 token, pLTC, which will represent Litecoin on the Ethereum blockchain. For now it has been launched on testnet, as well as the two predecessors pEOS and pBTC. Litecoin is currently the sixth largest...