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, Ethereum, Ripple, and Litecoin prices increase after FDA announcement!

30 Mar 2020 1 minute read 0 comments Jumble

During periods of high market volatility, some traders will make a trade after an important news release. At 3:00 A.M. British Summer Time (BST), CNN released in a news report that the United States Food and Drug Administration (FDA) issued an emerge...

Concerns About Litecoin's MimbleWimble Protocol Arises in the Litecoin Community

26 May 2020 1 minute read 0 comments PassionCryptodotcom

There are concerns regarding the impact of Litecoin's MimbleWimble Users will decide whether to complete transactions using the system Blocks with user protected transactions will be included in the chain Recall that in a recent interview, the crea...

Institutional investors enter the cryptocurrency market

5 Apr 2020 1 minute read 0 comments Gamma

The adoption of Bitcoin. Although Bitcoin offers exceptional rates of return on investment (RSI), many institutional investors entering the cryptocurrency market still worry about the reliability of access to unregulated territory. With the official...

Is Litecoin LTC a good Investment ?

6 Apr 2020 1 minute read 0 comments CryptoPk

Litecoin is termed to be the silver of the crypto market, and Bitcoin is termed as Gold. I have known Litecoin since 2011, 2012 when its price was around 2$ to 4$ and I knew bitcoin since 2011 too. I didn't regret investing because the later I get in...

What the Forking? Litecoin Cash LCC is a Potential Gem

10 Oct 2020 2 minute read 3 comments XTRM

I started Cryptocurrency Mining at the birth of the big one Bitcoin (BTC) - I got bored of this very quickly at the time as Satoshi was pretty much the joke of Geeks around the globe - oh boy just like the many others, I really wish I had stayed the...

Brave Users Now Receive $15 in FREE BTC When Signing Up for a New BlockFi Account

20 May 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 p...

3WM Group Project - Organic Recyclables

28 May 2020 1 minute read 1 comment FreedomBuilder

🎁 Total Reward: Receive up to 200 3WM ≈ $15 & 25 3WM for each Referral. ✈️ Start The 3WM Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram Group & Channel. (Mandatory: 40 3WM)📌 Follow on Twitter & Retweet The Pinned post. (Mandatory:...

Start Earning Interest on Your Crypto Today With a Blockfi Interest Account

1 Apr 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...

Step By Step Guide - How To Directly Buy & Sell Litecoin In Local Currency?

23 Jul 2020 3 minute read 3 comments Abhishek Rajbhar

Are you trying to invest in Litecoin (LTC) or looking for the best website to buy and sell your first Litecoin directly using any payment methods like IMPS, Wire, Paypal, Bank Transfer PayTM but still not found? So we bring you the most trusted and t...

IMPORTANT OPPORTUNITIES ARE PRESENTED / binance coin, ethereum, litecoin, bitcoin, XRP analysis

31 May 2020 2 minute read 2 comments Crypto adict (Manu VZ)

ETH / USDThe price of ether at the time of writing this is 235USD Ether jumped above the inverse head-and-shoulders pattern on May 27 and 28, the move is positive as as of this writing the price overcame a minor resistance at $ 230 this wants Say the...