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.

Where did the first cryptocurrencies on the market go?

24 Sep 2020 2 minute read 5 comments Simplify Crypto

The year was 2013 and Bitcoin was priced at $ 134.21 dollars. At that time there was no flood of cryptocurrencies, there were no Tokens, stablecoins, DeFi protocols, and the global capitalization value of the cryptocurrency market was just over US $...

The Behavior of The Strongest in the Market

27 Jul 2020 2 minute read 0 comments alquimista1501

We have recently seen how gold and silver have behaved in recent weeks; the behavior of the gold ETF has set an exceptional pace and it is not surprising that it will soon touch the resistance of $ 2,000, with projections to expire, the following yea...

Phoneum Cloud Earning Mobile App - Passive Crypto Rewards + Gaming Ecosystem . Payment Proof inside Post!!

21 May 2020 1 minute read 1 comment Airdrop Radar

phoneum is a true mobile-only cryptocurrency, designed to deliver a simplified user experience and platform that enables all users, regardless of technical aptitude, to fully participate in the new cryptocurrency economy.                            ...

This leading altcoin may depreciate to the lows of early 2017

1 Jul 2020 1 minute read 1 comment World Crypto

Litecoin is one of many cryptocurrencies that has stuck in the side trading range in recent days and weeks. Observers have noted an incredibly strong correlation between LTC and BTC. Like Bitcoin, one of the leading altcoins is currently trading near...

Litecoin's Mimblewimble Privacy Feature Will Be On Testnet By September 2020

10 Jun 2020 1 minute read 1 comment Crypto Alphabet

David Burkett, the developer responsible for implementing Mimblewimble on Litecoin, has published an update on the project. In his May entry, he revealed that the project is still under development, but getting close to a working version. "Blocks wi...

A stablecoin could easily resolve a huge problem of many tourists

10 Feb 2020 1 minute read 1 comment utaini

I just came back from Denmark and while I was there I realized that a stablecoin could easily solve a huge problem that many tourists face while abroad: currency exchange and payments. I tell you my story as an example. I booked a flight to Copenhage...

Litecoin (LTC) Bullish Reversal Pattern Worked As Predicted | Get Ready For Breakout From Triangle

23 Jul 2020 1 minute read 0 comments moon333

Hey, friends hope you are well and welcome to the new update on Litecoin. In my previous article, we have seen that the LTC formed a bullish reversal BAT pattern and entered the potential reversal zone. Now the priceline is moved up from the potentia...

Is Litecoin (LTC) A Good Investment?

26 Jun 2020 2 minute read 1 comment reedyzzx

Litecoin is one of the oldest altcoins in the history of cryptocurrency. It is also one of the most consistent altcoins in terms of crypto market cap rankings. Yep, while other altcoins have come and gone since 2011, Litecoin has successfully stayed...

Coinpot Challenge Day 47 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

19 Jun 2020 1 minute read 0 comments Zemiatin

Hey guys. This is day 47 of my coinpot challenge. Slow and steady I keep earning them satoshis. I hope that we will see Bitcoin at 10.000$ soon and maybe we will see a nice growth for the crypto market as a whole to the end of the year. This is how m...

staking and shared Masternodes and Masternodes

8 Jun 2020 1 minute read 5 comments Adrianking

Stakecube does  staking  and shared Masternodes, and full Masternodes .so if you want to keep ur crypto and make money while you sleep You don't have to sell your crypto. just set up a Masternotes and sit back while you earn money from your crypto. t...