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 And It's Cryptocurrency Competitors On The Rise After 24 Hours Of Decline

24 Mar 2020 1 minute read 0 comments Dominus1

Bitcoin or BTC as it is commonly known is on the rise in the last 12 hours. In the past 24 hours, all cryptocurrencies including Bitcoin decreased from 1% to 8% but now they are on the rise. Will they keep on rising? Time will tell. The Coronavirus h...

BITCOIN HALVING RUN UP TO $10k! OR $5k FIRST? BTC DECOUPLES FROM STOCKS! 2ND CHANCE TO BUY BOTTOM?

24 Mar 2020 1 minute read 0 comments CryptoBitcoinChris

🚀 Join the BEST trading group on YouTube! 🚀 https://www.patreon.com/cryptobitcoinchris 🚀 Crypto Payments Accepted! 6 month min.HUGE Crypto Discounts: 20% to 30% off!Crypto Payments: cryptobitcoinchris@gmail.com Is this the Bitcoin Halving Pump?Bitco...

Litecoin: Three years since SegWit activation, usage stands above 70%

12 May 2020 1 minute read 0 comments PassionCryptodotcom

Segregated Witness or SegWit was first activated on the Litecoin network exactly three years ago. First proposed by Pieter Wiulle in 2015, to address malleability issues. But later, it was found that this could also increase the block size of Bitcoin...

How Litecoin works and features - FOCUS ON LTC #2

6 May 2020 1 minute read 0 comments Trading Passion

Litecoin stands out from Bitcoin by the following operating choices: A "proof of work" that uses the scrypt hash function rather than the SHA-256 Four times faster block creation with an average interval of 2.5 minutes instead of 10 minutes Four tim...

Gamble with Cryptobet.com - a new one

29 Jan 2020 5 minute read 2 comments renabs94

Cryptobet is a new site, founded in 2019. it was born from a collaboration with the crypto startup Tokenpay, from which it then detached itself. it is based on a mining model: for each mBTC bet you receive a variable amount of CBET tokens, with which...

3 shitcoins with good ideas that failed

16 Jun 2020 1 minute read 9 comments yanis

This post is in "good but unknown cryptocurrencies", but I wrote it for making another thing (and because I had this idea... poof). And because these shitcoins have nice ideas and concepts and can give ideas to developpers for future very good coins....

Mask Shortage? It's an Illusion.

26 Mar 2020 2 minute read 0 comments bettercallpaul

A Quick Update on Shipment of Supplies COVID-19 Supplies Delivered On-Time Brought to you by                 [Jacksonville, FL  03/26/2020]  People have spend the last 2-3 weeks panic buying every last roll of toilet paper they could find.  Then w...

Bintex Futures (BNTX) - Decentralized Margin Exchange.

22 May 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 1000 BNTX ≈ $12.5 & 200 BNTX ≈ $2.5 for each Referral. ⚠️ Airdrop Event only for the first 10,000 Participants!!!     ✈️ Start Bintex Futures Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram group. (M...

5 Simple Ways to Spot and Avoid Coronavirus Scams

27 Mar 2020 2 minute read 0 comments bettercallpaul

5 Ways to Spot Coronavirus Scams (Republished in part from News4Jax.com with commentary and opinion statements following) Special Edition of the Better Call Paul Blog  Author Credits:  Lauren Verno, Consumer Investigative Reporter NOTE:  In the name...

ROAD TO PS5 FOR FREE - ep. 2

21 Jun 2020 1 minute read 1 comment Mattianazionale

- Day 3 - 21.06.2020 If you haven't read the first article where I talk about my "road to ps5 for free" yet, go and read it here! Today I bring you the update on my earnings after only 2 days from "DAY 1" of this crazy adventure. 1- Brave browser = 3...