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.


Fake LTC Foundation has defrauded 309 LTC worth $12,505 from Users

27 Dec 2019 1 minute read 2 comments Tokenhell.com

A fake Litecoin Foundation scam has defrauded 309 LTC worth $12,505 from users. There is a fake Litecoin Foundation YouTube channel scamming people out of their LTC coins. Recently, it has defrauded an amount of $12,505 worth 309 LTC from users. This...

Why You Need To Understand Bitcoin And Litecoin Halvings

29 Jun 2019 1 minute read 6 comments Scott Cunningham

Bitcoin rewards are halved every 210,000 blocks mined. Litecoin rewards are halved every 840,000 blocks. Why does this matter? It affects the price. Let's dive into how. The current reward for miners mining blocks for bitcoin is 12.5 and it will decr...

Support ChangeAngel Seed Card Campaign - Litecoin Bitcoin Printables

8 Oct 2019 1 minute read 5 comments Mamaecrypto

Truly excited about the Crypto Seed Card campaign launched by Changeangel.io. A decentralized marketing effort. For anyone doing these cards on a crafty, low budget style like me here is easy print out of my favorite seed card created by @RedKatLife ...

My interview with John McAfee is live. We speak of decentralized social media.

13 Dec 2019 1 minute read 10 comments kingscrown

 have been doing some changes on the website so it took more time than I've expected but its finally live.If you are here or follow me on https://fuk.io you know i do those unique interviews with people, run a newsletter with unique tricks and write...

3 Cryptocurrency Exchanges Need KYC Out of Blue to Withdrawal

4 Nov 2019 1 minute read 6 comments kingscrown

In crypto world, you cannot be ever sure of anything this is why the list of exchanges with no documents is constantly checked and updated when needed. Also, crypto exchanges are added there only after tests by many users for a period of time. DX.exc...

Litecoin is the maximum winner of the top 10 market in the day.

19 Jun 2019 2 minute read 8 comments daniejjimenez

The lateral movement of Bitcoin prices and many cryptocurrencies has generated some stability in the cryptographic market, with a slightly stable volume at levels of $ 286 billion dollars and a BTC dominating the scene with 56.8 percent. This has ge...

Easy Way to Mining your First Valuable Cryptocurrency: Litecoin

10 Oct 2019 2 minute read 6 comments Richard M Adrian

Litecoin is among the pioneers of the cryptocurrency universe. The coin currently sits at number six among the top ten digital assets by market capitalization. Furthermore, Litecoin is currently trading $56 during press time, with a market cap of $4....

Litecoin announces the release of a debit card - Blockcard Supports LTC, BTC, ETH and More

21 Jun 2019 1 minute read 1 comment Mamaecrypto

The Litecoin Foundation announced recently the release of its much anticipated project, the Blockcard debit card.  The debit card will enable Litecoin holders to load their Visa Blockcard with Litecoin and spend their Litecoin assets as cash anywhere...

Detailed View of Current Altcoins Situation, Reversal Is Coming? - ETH, LTC, XRP & BAT Price and Time Analysis

15 Sep 2019 3 minute read 5 comments zulonga

Introduction I was analyzing the Basic Atention Token (BAT) cryptocurrency and was able to find a relationship with countless other altcoins I have on my radar - including NANO that made a recent post talking about the difficulty it is having in rais...

Blockchain - Implementation and possible changes in our daily life

13 Jun 2019 3 minute read 0 comments Mamaecrypto

When we embark on the crypto journey, one of the words we most encounter is: blockchain. And because it is a new term many of us do not know exactly what it is. But we know that there is a great potential for change in it. What kind of changes can ha...