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.

New Dawn For Adoption: Litecoin (LTC) Trading Finally Kicks Off On LocalCryptos

15 Jun 2020 1 minute read 6 comments Nick J

For years, the top cryptos have struggled to go mainstream, but with time, the obstacles seem to be fallen on the sides. Bitcoin was the first to be traded on a peer-to-peer (P2P) network that saw people trade direct with each other without involving...

Orchid Coin is a Broken Idea Doomed to Fail

2 Jan 2020 2 minute read 19 comments LeftAntiPC

Coinbase recently introduced a free way to earn $12 of a new altcoin called Orchid (OXT). This was a really cool opportunity to take advantage of, and it simply involved watching three short videos (about 3 mins each) and answering one easy quiz ques...

Coronavirus Proves Too Strong For Cryptocurrencies

14 Mar 2020 1 minute read 0 comments Dominus1

The pandemic Coronavirus has proven itself to be too strong against all major cryptocurrencies. The prices of all the major cryptocurrencies has taken a nose dive as more and more people gets infected with the Coronavirus. The BTC, Eth, LTC,have all...

Short term my ETHEREUM ( ETH ) Predictions

30 Mar 2020 1 minute read 0 comments skyislimit

Here we are again , this time we will look into ETH ( Ethereum) in this weak market . One word we can say is ETH is weak . Resistance level is $140  and last 7 days can not go over it . It touches but then comes down .Looks like $140 level is strong...

75% Of Cryptocurrency Assets Drop Down In Price Values In The Last 24 hours

10 Apr 2020 1 minute read 1 comment Dominus1

Happy good Friday to everyone irrespective of your religion. We are in the holy week and under quarantine on both occasions for our own future. Bad news for all Cryptocurrency lovers, holders, hodlers and traders as 75 percent of Crypto assets all in...

Crypto Market like BTC,Eth, Is Up But Prices Remain Shaky For Most Digital Assets

30 Mar 2020 1 minute read 2 comments Dominus1

Good morning fams. It a brand new day for us all. We are in the last few days of the month of March. This month that has let us lose many assets as well as loved ones to Coronavirus. The current price market of cryptocurrencies is up by 0.34 percent...

Crypto prices today

22 Mar 2020 1 minute read 0 comments manilpwn

BTC Today - $6234.04 Up 2.96% from yesterday   ETH Today - $132.69 Up 2.16% from yesterday   XRP Today - $0.158 Up 1.89% from yesterday   BCH Today - $220.77 Up 3.29% from yesterday   BSV Today - $173.50 Up 6.64% from yesterday   LTC Today - $38.23 U...

Top 4 cryptocurrencies to invest and win at the end of this year 2020.

18 May 2020 1 minute read 2 comments Papiloskibtc

For all the information that I have collected and according to my experience, these are the 5 cryptocurrencies with the best projection to invest safely. • Bitcoin     Without a doubt this cryptocurrency is the best of all to invest, almost a week a...

Bitcoin, Ethereum, Ripple, and Litecoin price change year to date

25 Mar 2020 1 minute read 0 comments Jumble

How has your favorite cryptocurrency performed this year? It has been a volatile year. Before the coronavirus shock the price for Bitcoin, Ethereum, Ripple, and Litecoin were all above their price on January 1st, 2020. Bitcoin, Ethereum, Ripple, and...

Litecoin (LTC) Has Formed Bullish BAT Pattern | A Very Good Long Opportunity

20 Mar 2020 1 minute read 0 comments moon333

Hi folks hope you are doing good, in my previous idea of Litecoin with Bitcoin pair we have seen that the LTC had formed a complete bullish Shark pattern 12 chart. The formation of that pattern was started on 26th Dec 2019 and completed in 8th Jan 20...