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.


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...

Update 4: Cats cryptocurrency prediction experiment!

27 Apr 2019 1 minute read 1 comment Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. 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....

Update 8: Cats cryptocurrency prediction experiment!

27 May 2019 1 minute read 2 comments Piet246

After a stable 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 result...

Update 13: Cats cryptocurrency prediction experiment!

1 Jul 2019 1 minute read 0 comments Piet246

After a week in which BTC skyrocketed to  13.800$ and came down to earth back to 10.500$. 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...

Update 2: Cats cryptocurrency prediction experiment!

14 Apr 2019 1 minute read 0 comments Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. 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. Lite...

Litecoin/Bitcoin (25 May) #LTC $LTC #BTC $BTC

25 May 2019 1 minute read 0 comments CryptoStation

#WAITLTC seems to be responding positively to the Block Reward Halving incoming news in August. Currently, LTC has escaped the sideways pattern in downtrend and target is 0.0159 BTC in near futureHowever, I believe that LTC will move quite zig-zag so...

Update 5: Cats cryptocurrency prediction experiment!

4 May 2019 1 minute read 0 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 +155...

Which cryptocurrency is worth investing in 2019?

25 May 2019 1 minute read 0 comments orton65

Bitcoin Many people heard about Bitcoin long before they learned about the existence of the blockchain or cryptocurrency market. At the moment, bitcoin is the most popular and largest digital currency in terms of market capitalization and transaction...

Litecoin's Relative Volume Is Phenomenal

15 Jun 2019 1 minute read 0 comments silvergoldcrypto

Litecoin's relative volume really is phenomenal. Relative in terms of it's market capitalization. Compare it to BCH for example then you will see what I mean. LTC market cap: 8.3 billion and BCH : 7.4 billion, but yet LTC volume more than 2.5 times...

West Coast Litecoin Meet-up LA May 25TH

24 May 2019 1 minute read 2 comments Mamaecrypto

John Kim, Litecoin evangelist, is coming to LA and that is one great reason to celebrate LTC! CryptoWendy pulled her strings and prepped this amazing LTC meet up for all of us on a very short notice. Hope to see you tomorrow.  And yes... the best eve...