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.


Why you shouldn't gamble with crypto or cash

30 Dec 2019 1 minute read martintibor40

1. It's risky 2. It creates financial crisis for yourself 3. It's addictive 4. You're not lucky like James Bond to pull off that trick 5. Don't expect youtube tutorials to work 6. Might be illegal in your country (it depends on) 7. It's not a job 8....

Interesting Litecoin Developments

14 Jun 2019 1 minute read Gary Leland

Interesting Litecoin Developments You don't have to look hard to see how Litecoin is performing these days. While the opinions on Litecoin may always be somewhat divided, no one will deny this project is attracting a lot of positive interest. BitBlo...

Index based hodling

13 May 2019 1 minute read Piet246

I am investing and hodling cryptocurrency since the beginning of 2017. I am building up my portfolio based on the Coin Market Cap with a few small diferences based on my own preferences. I first bought BTC, ETH and LTC. Lateron i started to diversif...

Update 7: Cats cryptocurrency prediction experiment!

18 May 2019 1 minute read Piet246

After a turbulent week full of ups and downs 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 cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated res...

Best Crypto Trading Simulation/Training Website

30 Dec 2019 1 minute read martintibor40

Trading crypto currency is quite skill based but this website can help you shaping your abilities to make decisions plus you will start with 10.000 USD on demo account without any registering. The goal is to just make profit either by buy or selling...

Update 1: Cats cryptocurrency prediction experiment versus machine learning

11 Apr 2019 1 minute read Piet246

After my first experiment which can read below i have a new idea for an experiment. I want to let Machine Learning predict the price of BTC based on the data of CoinMarketCap. CoinMarketCap has a free API which you can use to import the data. On my w...

What is litecoin

8 Jul 2019 1 minute read quintomudigo

      Litecoin is a cryptocurrency created on Litecoin blockchain whose transaction takes place from one peer to another without involvement by the government thus is being considered to be decentralized. Unlike bitcoin, the transaction at litecoin...

Update 6: Cats cryptocurrency prediction experiment!

13 May 2019 1 minute read Piet246

Today 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 cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1. Litecoin +189...

Halving: see which one will be next

5 Aug 2019 4 minute read PH-X

    Halving: see which ones will be next Halving is a common phenomenon in cryptocurrencies and affects the rewards of mining. What are the consequences for the market?Litecoin halving happens today (Aug 5th), and you need to know a litt...

Update 4: Cats cryptocurrency prediction experiment!

27 Apr 2019 1 minute read Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1....