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.


LITECOIN, ETC,USDC MARGIN TRADING NOW AVAILABLE ON BINANCE

8 Aug 2019 2 minute read cyprain $0.15 tipped

LITECOIN, ETC,USDC MARGIN TRADING NOW AVAILABLE ON BINANCE, The news was published on Binance web page 6 hours ago. now you can trade Litecoin, ETC, and other coins  New Margin Assets: USDC, LTC, ETC New Borrowable Assets: USDC, LTC, ETC New Margin P...

How to make your first post (Beginner tutorial)

2 weeks ago 1 minute read martintibor40 $0.14 tipped

Step 1. Click on your profile name then click to "Your Posts" and then create new Step 2. Write the title , the text's content , select the blog , tags , Step 3. Add a cover image and credits Step 4. Review your content Step 5. Accept the conditions...

Bitcoin's Perfect BULLISH Storm! - Mainstream Pumping Crypto! - $16k Bitcoin in OCT- Life Changing $

17 Jun 2019 1 minute read CryptoBitcoinChris $0.14 tipped

  🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 10% off 6 months or 20% off 12 monthsCrypto Payment Instructions: CryptoBitcoinChris@gmai...

we know that cryptocurrencies are so good, so why are so many governments don't like it?

19 Aug 2019 6 minute read PH-X $0.14 tipped

Let's start this discussion again. we know that cryptocurrencies are so good, so why are so many governments don't like it? If people use bitcoins, instead of the state currency, the government can not "tax" them or give a "value" through the inflati...

Crypto Paper Wallet - free service!

1 Aug 2019 2 minute read Cal_tv93 $0.14 tipped

So i set up a website where you can make a paper wallet and other kind of not cloud wallets for you to use. You are more then welcome to help me add more coins to the list but it has to follow the rules below. First of all, the currency must operate...

Update 18: Cats cryptocurrency prediction experiment!

13 Aug 2019 1 minute read Piet246 $0.14 tipped

After a week in which BTC came back from $10.000 to $12000 and pausen before start a new bullrun in the coming days. I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptoc...

The cloud mined ETH token and game

8 Aug 2019 1 minute read Cal_tv93 $0.14 tipped

Well, there are two apps to this that both work together under the same account so we will just take each app on two different sections to make it less confusing hopefully.   Phoneum This is the cloud miner where you have to open the app every 24 hou...

Bitcoin vs. Litecoin

4 days ago 1 minute read MrHumble $0.13 tipped

            VS    Most of the people of the crypto community consider bitcoin as “Digital Gold” and Litecoin as “Digital Silver”. Both the cryptocurrencies have many similar properties; both use UTXO based transactions and both use proof of work for...

No More Coinbase Bundle

20 Jul 2019 1 minute read bitcoinflood $0.13 tipped

I admit I use to buy the coinbase bundle a few time which took your money you where dumping into coinbase and spread it across a number of cryptocurrencies. However without notice it seems like Coinbase has now removed this option. I have to say thou...

Litecoin mining power fallen after the new halving

23 Aug 2019 1 minute read CryptoArgha $0.13 tipped

Litecoin is the 5th largest cryptocurrency according to coin marketcap and its Minable Recently the litecoin foundation conducted a update on the litecoin blockchain and made few changes. Many people are mining litecoin for living. Litecoin miners ar...