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

1 Jul 2020 1 minute read 0 comments 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...

UnibombV3 (UBOMB) - First of its kind hyper Deflationary ERC Token.

25 Jun 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive up to 100 UBOMB ≈ $4.6 💸 Follow the Link to Unibomb Airdrop Form Here 👉 https://docs.google.com/forms/d/e/1FAIpQLSdK_Uq20A0oZxraE08KoANAG0R4tdc1Cz09AeuZ2oeqD7AePg/viewform 🎯 Tasks:📌 Visit the Google form.📌 Follow on Twitter &...

Bitcoin halving - which effects ?

9 Jun 2020 1 minute read 1 comment yanis

Everyone knows it, halving happened on 11th may. But what were its real effects ?   1 - Problems for miners Miners who had unefficient machines or expensive energy weren't longer profitable.   2 - A free "Ad" for bitcoin When the halving happens, all...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

11 Sep 2019 7 minute read 11 comments Mr.CryptoWiki

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Is the Litecoin Mining Community ready to fund Litecoin Further development?

26 Jan 2020 3 minute read 11 comments Mamaecrypto

This morning of January 25th 2020, Charlie Lee creator of Litecoin raised a very interesting proposition on Twitter. One that evolves around funding. Talking about money is often a polemic topic and as expected he immediately received a lot of feedba...

Bitcoin Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

1 Apr 2020 1 minute read 0 comments Dominus1

Good day to all my followers here, hope you doing extremely wonderful today. Today I bring to you before my price update, Bitcoins performance in the first quarter of the year. Bitcoin ended the first quarter of 2020 down from the start of the year,...

Crypto Prices Today - Up a lot

24 Mar 2020 1 minute read 0 comments manilpwn

These are the crypto prices today for some of the biggest cryptocurrencies.   BTC Today - $6701.96 Up 12.67% from yesterday   ETH Today - $139.96 Up 11.72% from yesterday   XRP Today - $0.161 Up 6.35% from yesterday   BCH Today - $226.40 Up 9.77% fro...

5 Crypto Cashback Solutions That Award You Satoshis to Shop

15 Apr 2020 2 minute read 2 comments DZCRYPTO

Cashback is a popular ecommerce system that administers rewards and rebates for shopping. Every time you shop online, and in some cases in-store, you’ll earn up to 1% of the transaction value back. Traditionally administered in cash or rewards points...

NanoDex (NNX) 2nd Round - Project in Robot Arm technology.

18 May 2020 1 minute read 2 comments FreedomBuilder

🎁 Total Reward: Receive up to 25 NNX ≈ $10 & 5 NNX for each Referral. ✈️ Start the NanoDex Airdrop Bot.     🔑 Tasks:📌 Start Telegram bot.📌 Join their Telegram Group and Channel.📌 Follow on Twitter, Like, Retweet the Pinned Post, and Tag 5 friends.👥...

🎁 Get 50$ (ELD) For Free

12 May 2020 1 minute read 2 comments Airdrop Radar

🔥🔥NEW ETH.Limited 50 $.. Maximum total: You can earn 150$ worth in ELD token. 1. Start telegram bot  join 2. Join Telegram group 3. Join Telegram channel 4. Follow Twitter 5. Subscribe to Youtube 6. Complete Airdrop form // airdrop form 7. Submit ETH...