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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.

Top 5 charities & how they can benefit from Litecoin

22 Jun 2022 5 minute read 1 comment NOWPayments

Litecoin is a cryptocurrency with one of the highest market capitalizations. Litecoin is a currency that has been around for a long time and has attracted a lot of interest among the crypto community members. As a result, there are thousands of Litec...

When and where I'm going to buy Bitcoin

5 Nov 2022 3 minute read 1 comment My life My rules

The market has finally come to life. Bitcoin is trading around $21,400 per coin, all metrics indicate that $19,000, that was the true bottom (just like in 2018). You look at the history of 2018 - 2019, compare it to 2022 and will, you know what's in...

How to Send Salary Bonuses with Litecoin

13 Jan 2023 4 minute read 1 comment NOWPayments

Send crypto bonuses in Litecoin Litecoin is a peer-to-peer currency that enables virtually instant and cost-effective payments for anyone in the world. Litecoin is an open-source global payment network that is not controlled by any central author...

Top 5 Coins to Try as a Payment in 2023

26 Jan 2023 3 minute read 2 comments NOWPayments

Accept cryptocurrency payments For businesses looking to provide their customers with a fast, cost-effective, and secure payment option, crypto is an ideal choice. With its low fees, quick transaction times, and enhanced security measures, crypt...

Zero to Hero ~ October

9 Oct 2022 1 minute read 61 comments ZeroRequiem

Hey Peeps!   The Votes are in....and we had actually had a 5-way tie for Crypto Reward of the Month! ADA, XTZ, BTC, LTC, and ETH all received 2 Votes each.  When there is a tie we go to the Wheel of the Crypto Gods to decide!     For October, the Wh...

Coins that never went down - can't really call them chitcoins now then can ya...

22 Nov 2022 4 minute read 17 comments Dave Sawyer

Cryptofans you know we love y'all!!  As we should, thanks for being here, it matters!!! Here on  the n+1 dimensional math induction supertheory that IS the Publish0x!  Loving jokes, and crypto!!!  It's vomiting camel chart time here at the hacienda,...

Time for Litecoin To Return?

28 Nov 2022 1 minute read 0 comments Yugocean

Litecoin was once called "digital silver," with bitcoin being considered "digital gold." Then suddenly new cryptocurrencies appeared, and the attention of investors went towards them. Reverse of Bitcoin? Nowadays, in the field of cryptocurrency, th...

Portfolio actions | What can we expect from Litecoin in 2023?

30 Oct 2022 3 minute read 2 comments My life My rules

Portfolio actions is the realization of an idea that originated back in the distant year of 2015, when Bitcoin was worth $200. At that time, I did not know what would happen to it in the next five years: who would support it and how it would develop....

Solana And Chainlink Lead A Recovering Cryptocurrency Market

21 Jun 2022 3 minute read 1 comment Rubikkav

With bitcoin barely recovering after visiting the $17,500 zone over the weekend, several of the top altcoins in the market have seen some very interesting returns over the past 7 days. Among those cryptocurrencies highlighted in the market, Solana an...

Top 10 Litecoin influencers

15 Jul 2022 5 minute read 4 comments NOWPayments

Litecoin has built a great legacy in the crypto world thanks to its superior technology and excellent infrastructure that supports this highly-efficient network. From the very beginning, Litecoin ensured that it had a great community willing to supp...