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.


Power Ledger (POWR) In short term price prediction

31 Mar 2020 1 minute read 2 comments skyislimit

Power Ledger ( POWR) is future energy coin and coming days are great for it .Daily Support stays at $0.046  and resistance is $0.056 . About 10 days now it moves between these levels  and support is strong , volume down but picking up  , it is good s...

YouTube: Bill Gates served as a cryptocurrency scam

11 Apr 2020 1 minute read 1 comment Gamma

A Ponzi scheme ? An engineer managed to hack a few dozen YouTube channels and rename them so that they resemble as closely as possible the official Microsofts accounts. He posted lives on all his accounts, making viewers believe that they were Bill G...

Paypal and Bitcoin - to be controlled or to be free

17 Feb 2020 1 minute read 1 comment renabs94

Transaction control policies such as PayPal could push many people to use Bitcoin and other decentralized cryptocurrencies more and more. The fact is that, as Slate has revealed, such control policies are highly questionable and reveal that platforms...

Concerns About Litecoin's MimbleWimble Protocol Arises in the Litecoin Community

26 May 2020 1 minute read 0 comments PassionCryptodotcom

There are concerns regarding the impact of Litecoin's MimbleWimble Users will decide whether to complete transactions using the system Blocks with user protected transactions will be included in the chain Recall that in a recent interview, the crea...

LITECOIN RETURN TO 7th POSITION ON COINMARKETCAP RANKING

31 Jan 2020 1 minute read 1 comment Otek

  Currently Litecoin return to 7th position ( by Market Cap) on top cryptocurrencies list according to Coinmarketcap ranking: CoinMarketCap ranking   As You Can see Litecoin with marketcap $4,225,785,660 overtook EOS which is at 8th position (with m...

Coinomi VS Trust, Wallets battle

7 Jun 2020 1 minute read 2 comments yanis

Coinomi and Trust Wallet are 2 giants of the wallet industry. Both have millions users and are so useful (signing a tx with pen and paper will give you a big headache). But... Which is better ? note : It is my opinion. For choosing which is better fo...

Litecoin to the?

17 Jun 2020 1 minute read 0 comments BearTrader

Many people are asking me about the litecoin. What can I say, in the last two months I tried twice to buy it and both times I generated loss on this coin. In my opinion when I look at the chart I think it is not good time to buy litecoin in short ter...

Poloniex Exchange - 50,000 TRX Giveaway by Justin Sun the Founder of TRON.

29 Jun 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward:☑️ Complete tasks from the Airdropbot & The first 500 participants will share 10,000 TRX.☑️ Top 100 users by earned points from Airdropbot will win from a prize pool of 10,000 TRX depends with their contribution in the total points e...

Discovering the Crypto: LITECOIN

2 Jun 2020 2 minute read 2 comments Crypto Earning

Today we are talking about another crypto widespread in the world, we are talking about LITECOIN. After talking about Bitcoin and Ethereum, I leave you the link if you want to read the articles, let's see what it is, how it works and everything relat...

What is CPU and GPU mining?

22 May 2020 1 minute read 0 comments tornadooo

CPU mining is the name given to mining with the central processing unit, the processor we know from our computers. In this mining type, the mathematical equations used for transfers are solved with CPU. Actually, in the early days, cryptocurrency min...