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.


LTC GO TO $2K

28 Mar 2019 1 minute read 0 comments dominicorleone

Today I am reviewing the LTC movement for the next few years (just predicted, we will also have good or bad news in the next few years) It can be said to be in the area of ​​$ 2K, can be seen before, ltc is now in its uptrend and The uptrend used to...

🔥 The price of Litecoin in Binance increased to $ 100,000

17 May 2019 1 minute read 1 comment 215

On May 14, a large number of LTC / PAX trading pairings on Binance led Litecoin's price to $ 100,000. Recently, a new price was added to the sudden price movements, which are common in crypto money exchanges.On May 14, the price of Litecoin jumped to...

Halving: see which one will be next

5 Aug 2019 4 minute read 0 comments PH-X

    Halving: see which ones will be next Halving is a common phenomenon in cryptocurrencies and affects the rewards of mining. What are the consequences for the market?Litecoin halving happens today (Aug 5th), and you need to know a litt...

What is cryptocurrency

4 Jul 2019 1 minute read 0 comments quintomudigo

  Cryptocurrency is internet money created on its own blockchain whose transaction takes place between two peers without the involvement by the government.                           How many cryptocurrencies do we have Currently, there are over 1000...

Index based hodling

13 May 2019 1 minute read 0 comments Piet246

I am investing and hodling cryptocurrency since the beginning of 2017. I am building up my portfolio based on the Coin Market Cap with a few small diferences based on my own preferences. I first bought BTC, ETH and LTC. Lateron i started to diversif...

Update 7: Cats cryptocurrency prediction experiment!

18 May 2019 1 minute read 4 comments Piet246

After a turbulent week full of ups and downs I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated res...

Crypto's October Surprise

8 Jun 2019 2 minute read 0 comments Crypto Pappy

I'm just putting this out there for my amusement - and for the record. Over the years I learned to listen to myself. We do have good conversations LOL So here we go ... I've been saying this pretty frequently lately, okay, just thinking it, no ... I'...

Broken...

6 Mar 2019 1 minute read 2 comments manzon

Good Day to everyone! Today, let me share to you some interesting part of my journey as a Christian. About being Broke! Are you totally devastated because you are broken?  The pain, the past experience, the ache that produces lot of emotion due to st...

Update 1: Cats cryptocurrency prediction experiment versus machine learning

11 Apr 2019 1 minute read 8 comments Piet246

After my first experiment which can read below i have a new idea for an experiment. I want to let Machine Learning predict the price of BTC based on the data of CoinMarketCap. CoinMarketCap has a free API which you can use to import the data. On my w...

Update 6: Cats cryptocurrency prediction experiment!

13 May 2019 1 minute read 4 comments Piet246

Today I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1. Litecoin +189...