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.


Bitcoin Node and Mining Smartphone. [REVIEW]

15 Apr 2020 2 minute read 14 comments BenKenobi

Back on the little new one from HTC, the Exodus 1S is a new generation smartphone specially developed for the blochain. Many features are integrated, it can be used as a Bitcoin node, store your precious crypto on a cold wallet or even undermine Mone...

TOP 4 cryptocurrency news from the past week (BAT, ADA, XLM, XRP and LTC)

18 Apr 2020 2 minute read 5 comments Call me Steven

The cryptocurrency world is moving at a stupendous speed. Let's go through the top crypto news for BAT, ADA, XLM, LTC and XRP from the last week.   4. GMO Coin exchange announced BAT lending 7 days ago, the Japanese cryptocurrency trading giant - GMO...

1$ A Day on Publish0x - First Devoted Month as an Author

31 Mar 2020 2 minute read 35 comments Thomas Wolf

First, thank you to my new followers (over 350 in a month!) and those that have taken part in comments and suggestions in my articles, as well as tippers, of course!I've only been writing for about a month and through March I sustained 1$ a day avera...

Bitcoin up, Stocks down - What's your move?

2 Apr 2020 2 minute read 5 comments Thomas Wolf

Without a doubt, many of us will continue to HODL.My stocks are looking less impressive by the minute, for now...  This is not necessarily a bad thing for all and I did expect it.Bitcoin is up and breached $6,700 moments ago:Moments later, I saw this...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

Taken a record amount of BTC from exchanges

13 Jul 2020 2 minute read 6 comments Roberto D.

On July 8, an annual record was broken for the number of Bitcoins (BTC) removed from the exchanges: Coinbase at the top of the ranking of prelievicon with a net outflow of well 20,787 BTC: more than all exchanges overall. What does this mean, a bulli...

How to Keep your Identity Safe While Transacting Litecoin

20 Jun 2020 4 minute read 3 comments Crypto Adventure

Litecoin is a decentralized digital currency created in October 2011 by Charles Lee, a former Google engineer. The coin uses similar encryption techniques as bitcoin to create funds, transfer them, and to confirm transactions. Litecoin is considered...

LiteBringer: How I Nearly Lost My Mind and Found My Mr. Miyagi

25 Sep 2020 3 minute read 18 comments Blangs

In the midst of the DeFi madness and alt coin bleeding, a new adventure steps forward out of the shadows. A little more than a month after launch, LiteBringer has just crossed the threshold of 5,000 characters. That’s right. More than 5,000 rogues, f...

Beware of crypto dusting atttacks, you might be the next victim!

20 Aug 2020 4 minute read 8 comments DeFi.

  A dusting attack is a malicious activity in the crypto-space carried out by cybercriminals to reveal the identity of a person or company. After getting hold of an individual’s identity, they can do a couple of things including blackmail, selling th...

Secure Your Privacy With Anonymous Mixed Litecoin Transactions

6 Feb 2020 2 minute read 16 comments Scott Cunningham

Privacy is so important and while there are coin joiners and private coins, many people still rely on mixers. Luckily there is now a mixer for crypto users looking to anonymously transact Litecoin! As Litecoin Mixer reads on the homepage a Litecoin M...