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.


Goals

27 Jul 2020 1 minute read 3 comments 1John1:9

A friend and I have decided to have a friendly race to crypto portfolio(or assets bought using crypto) being worth 500k USD. Needless to say he is far ahead of me, but with BTC over 10k, ADA also doing very well lately, ETH over 300 USD, with many mo...

Litecoin Foundation Partners With Lending Services CredEarn

19 Feb 2020 2 minute read 0 comments FarewelltoMinds

The Litecoin Foundation has announced that they are teaming up with Cred to offer lending services to LTC holders. Cred, or CredEarn, is a financial lending platform for crypto. Basically, you give them your crypto and they offer a percent annual ret...

NowEx Exchange (NOW) - Top Trading Platform: Lower Fees + Secure + High Leverage + Top Technology

17 May 2020 1 minute read 0 comments FreedomBuilder

💲 Total Reward: Receive up to 5 USDT + 100 NOW - The faster you join, the higher the reward! ⚠️ Referral Rules: Fill in the Form with the Referral code or Ref link Below, and earn extra 20 NOW.👥 Ref Link: https://nowex.io/mobile/register.html?code=i...

According to David Schwartz, Bitcoin Forks (BCH And BSV) Transfers More Spam Than Litecoin

30 May 2020 1 minute read 2 comments PassionCryptodotcom

As Bitcoin [BTC] continues to strengthen as a value store, high fees continue to be a worrying signal for adoption. As the original idea of ​​money moves to second layer solutions with Liquid and Lightning Network, the case of payment-based cryptocur...

Trading VCC Exchange? Move to Bittrex ASAP

11 Mar 2020 1 minute read 2 comments kingscrown

ust to calm nerves - there is no security breach or anything of this type. VCC Exchange is in a list of partners of Bittrex, they share order books for liquidity and share loads of currency pairs too. They do have their own coins (ie Vietnamese dong...

Crypto Market Is Up 3.61%: It Do Or Die Against COVID-19 Effect

31 Mar 2020 1 minute read 2 comments Dominus1

Good morning crypto lovers. Good news as well to all. Why do I say good news, it is because crypto market is up by 3.61% in the last 24 hours. The same was 48 hours ago making it 7 % increase in the last 48 hours. Isn't that good news to all crypto a...

Bitcoin Aliens. Can these Apps earn you Crypto?

10 Jun 2020 2 minute read 1 comment Poorboycrypto

Quick answer Yes. Long answer yes, but not much! There are 5 apps that I know of that are made by Bitcoin Aliens.  1. Free Litecoin  2. Free Bitcoin Cash 3. Free Bitcoin 4. Alien Run 5. Blockchain These games are kind of fun and do have some appeal a...

The Ultimate Guide: Earn $0.005 in 10 mins with CoinPot

31 May 2020 4 minute read 5 comments Ronnie10

Hey guys, As you know,, I have posted few stuff here and there about ways to earn more crypto... I have discussed about FireFaucet earlier and how to earn Ethereum or Bitcoin through it. [Claim Your Free BTC, ETH and many others using FireFaucet]. To...

DeFi - pTokens, create your own Litecoin (pLTC)

10 Feb 2020 1 minute read 3 comments renabs94

pTokens has announced the launch of the new ERC-20 token, pLTC, which will represent Litecoin on the Ethereum blockchain. For now it has been launched on testnet, as well as the two predecessors pEOS and pBTC. Litecoin is currently the sixth largest...

Bitcoin, Altcoins and Stocks in Upward Trend

7 Apr 2020 2 minute read 0 comments Thomas Wolf

I didn't expect such a drastic market recovery two days in a row, but I won't shake my head at it...It was a pleasant surprise to see both the cryptocurrency market, particularly in altcoins which shot up a great deal in price after a spike in Bitcoi...