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.


Litecoin nowadays

25 Feb 2020 1 minute read 2 comments Anna_M

First of all we begin to understand what Litecoin is, when it was founded and what it is used for. Litecoin is a peer-to-peer payment platform that offers itself as an alternative to Bitcoin, trying to solve some of the problems related to Bitcoin: i...

The correlation in the price for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC)

27 May 2020 1 minute read 0 comments Jumble

Introduction It is agreed that the price for cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), follow each other. But how good is the correlation? A Pearson_correlation_coefficient (PCC) measures the relations...

What is nano (NANO) ?

20 hours ago 1 minute read 3 comments yanis

Nano is a cryptocurrency that's around 1$ (no, it isn't a stablecoin). It is sometimes presented as the new bitcoin, but, what is really NANO ?   Block-Lattice instead of blockchain The strangest thing of this crypto is that it doesn't use blockchai...

IT'S A GREAT OPPORTUNITY, Ethereum tops the overall ranking: ETH / BTC and LTC / BTC analysis

7 Jun 2020 3 minute read 0 comments Crypto adict (Manu VZ)

Ethereum / Bitcoin  ETH/BTC   At the time of writing this, the price of ETHEREUM met his old friend "the downtrend" again.The price is 0.02502705 satoshis and as I mentioned before a downtrend started from August 20, 2018 it was confirmed on June 6 a...

Price Update: Cryptocurrencies Market Jump 0.15% In Prices But Is It Enough?

15 Apr 2020 1 minute read 11 comments Dominus1

Cryptocurrencies are having a bit of a hard time for the past 2 months and counting but there is a potential growth brewing slowly. There wasn't much to jubilate about in my previous cryptocurrencies price update but over the last 24 hours of trading...

99.9 % Of Crypto Will Fail. What's The Fair Value Of A Digital Asset?

10 May 2020 1 minute read 1 comment valuevision

99.9 % will fail...   ... you can hear this statement all over the place. It would be kind of a natural selection. Currently there are 5.439 cryptocurrencies. If only 0.1% will succeed, we would end up with only 5 to 6 digital assets.   But what's th...

BTC, Eth Drops Down With LTC, BCH Up In The Latest Price Update! Are We In For Good or Bad Trade Market?

4 Apr 2020 1 minute read 0 comments Dominus1

Happy weekend or Sabbath to everyone reading this post. We aren't in normal times as we used to due to the adverse effect of the novel pandemic Coronavirus which has affected all trade markets including cryptocurrencies. Last month was the worse so f...

Do you think LITECOIN ( LTC ) will go up ? Here is my prediction

30 Mar 2020 1 minute read 0 comments skyislimit

Welcome back again and hope you are doing well  healthy and protecting yourself well against  Corona . Lets Talk about LTC now .  $40 is strong resistance and support at $36 . As long as daily does not go lower than $36  it may go up  in long term At...

10 Tips to Make the Most from your Work-From-Home Experience and Earn Crypto, Too!

24 Apr 2020 10 minute read 6 comments bettercallpaul

The Better Call Paul Blog  10 Helpful Tips for a Successful Work-at-Home Transition by W. Paul Alexander  Whether you have been forced into a work-at-home situation due to the current coronavirus pandemic or you are just beginning to step out on y...

Live Price Updates: Cryptocurrencies Continue To Grow In Price Values

8 Apr 2020 1 minute read 9 comments Dominus1

Don't give up, never give up, stay strong and move forward. This is the current motto of all cryptocurrencies ever since Coronavirus took over everything marketwise. It even made men go into lockdown and quarantine. But now crypto is back and back f...