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.


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...

BitMax introduces ONE staking - a whopping 68%!

21 May 2020 1 minute read 1 comment manilpwn

Today BitMax finally began allowing staking Harmony ONE, alongside their already existing staking products - KAVA, XTZ, and ATOM, all available to be staked at reasonable rates of returns comparable to other exchanges.   However, today BitMax introdu...

BCH ( BitcoinCash ) SHORT Term Prediction

24 Apr 2020 1 minute read 0 comments skyislimit

Let see what we said last time about a week ago "$220 is still strong support and it needs to hold this level continuously to keep moving up and resistance is $250  and it may take some time to reach tho that level. If it breaks $220 level down then...

Upto 2000$ worth of TRON (TRX) Contest Update

23 Apr 2020 1 minute read 0 comments CryptoPk

Hello readers, I have written earlier about the giveaway of 200$ to 2000$ worth of TRON (TRX) Coins by ledger TRON x Contest. It is a real contest and will create video tutorials on youtube about how one can participate in it.  Recently I have publis...

Soon Lite Coin (LTC) Will Complete The Bullish Crab Pattern For Big Bullish Move

17 Mar 2020 1 minute read 0 comments moon333

Hi Folks hope you are well, here I have found another profit potential trading idea and this time on 2 day chart the Lite coin (LTC) is forming bullish Crab pattern, we need some more drop and then soon it will be entered in potential reversal zone t...

What is Litecoin ( LTC )

12 Jun 2020 1 minute read 1 comment Snow Under Sun

The inventors of most cryptocurrencies are unknown, but in some projects, creators come to the fore. For example, Satoshi is a legendary name for Bitcoin. Vitalik Buterin has been identified with Ethereum. In Litecoin, this name is Charlie Lee. He is...

Ethereum Dethroned Bitcoin As Top Currency According To Weiss Rating

9 Aug 2020 1 minute read 0 comments Zemiatin

The popular rating firm has recently placed Ethereum ahead of Bitcoin in it's cryptocurrency top.   The top 5 According to Weiss is now the following: 1. Ethereum ( ETH ) 2. Bitcoin ( BTC )3. Cardano ( ADA )4. Litecoin ( LTC )5. Stellar ( XLM ) The...

Different kinds of staking

7 Aug 2020 2 minute read 8 comments yanis

Staking is often presented as a miraculous thing that can earn us many. This approach is also used by scams (see my article sbout stakedwallet) for hiding their ponzi scheme. But, no one says what's really staking and different kinds of. disclaimer :...

LITECOIN ( LTC ) Short Term Price Prediction

16 May 2020 1 minute read 1 comment skyislimit

Let see what we said last time "It is still below the ascending trend line and volume is ok and looking better than last week. resistance stays at $50 level and a long time hard to pass the point and it will come there too. Support is now $46 and if...

Coinpot Challenge Day 93- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

4 Aug 2020 1 minute read 7 comments Zemiatin

Hello guys and welcome to day 93 of my Coinpot Challenge. I have surpasses 0.001 BTC in earnings which is nice. Bellow you have the picture of how mmy earnings look at the time of writing this and how they looked in my last update (day 87) And now...