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.


A Brief Introduction to BlockFi - Earn Passive Income With Your Cryptocurrency

10 Jul 2020 1 minute read 1 comment WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. BlockFi lets you put your crypto to work by earning you monthly interest pa...

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Litecoin Price Analysis 25 September 2020

25 Sep 2020 1 minute read 0 comments Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily Litecoin. We also provide you with the Litecoin's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading vo...

I wish you all great success

14 Sep 2020 1 minute read 3 comments Gamma

Hello to all Just a small message of support in these turbulent times, I wish you all great success in your projects and in your lives. Gamma   You can support me by giving a tip here on publish0x Thank you for your reading And don't forget to click...

Suck Eggs PayPal - Grayscale Investments 3rd Consecutive Record-Breaking Quarter

25 Oct 2020 4 minute read 4 comments Bragato18

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Coinpot Challenge Day 103- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

15 Aug 2020 1 minute read 5 comments Zemiatin

Hello guys, This is day 103 of my coinpot challenge. Bellow you have my earnings at the time of writing this post and the amounts I had in my previous update: Now let's convert what we have today in $:   BTC           0.00117740                 =...

Prime XBT - Bitcoin-based multi-asset trading platform with no KYC

26 Aug 2020 1 minute read 4 comments Cryptotexty

Prime XBT is Bitcoin-based multi-asset trading platform, which offers up to 1000x leverage on commodities, cryptocurrencies, forex, and stock indices. No KYC required for traders Instant Bitcoin deposits with opportunity to buy BTC using a credit...