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.


Litecoin: what it is

3 days ago 2 minute read PupazzoInnevato

Litecoin is the most famous cryptocurrency ever after Bitcoin. Litecoin is a peer-to-peer cryptocurrency that has taken a lot of inspiration from Bitcoin. Litecoin (LTC) is therefore a peer-to-peer cryptocurrency and open source software that has bee...

Step by Step Comparison Guide: XRP Vs Litecoin

23 Dec 2019 6 minute read cam_elica_24

In this XRP vs Litecoin guide, CoinFalcon delves deeper into these two crypto heavyweights and see how they differ with each other. XRP and Litecoin are among the top six coins in the world by market capitalization. Image Source: Crypto Runner While...

BTC $10000 is coming

3 weeks ago 1 minute read matim10

Whoever took advantage of the last fall will end up with better results than expected, will go to $ 10,000 easily, and faster than the expected 6 months, most say, until the end of February is there. There will be another small drop, but not as big a...

Review of the Antminer R1 LTC Router-Miner

15 Jan 2020 1 minute read AverageVancouverite

The Antminer R1 LTC Router-Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 1.715 MH/s Chip: 28nm Bitmain BM1485 chip Power use: Under 5 Watts The Review: The Antminer R1 LTC Router-Miner is certainly an interesting...

Cryptocurrency Income Guide Vol 14 - My Updated Monthly Bitcoin Ebook

3 weeks ago 1 minute read kingscrown

This is an ebook i share free on my cryptocurrency blog and update every few months.Its about ways to make passive income from bitcoin, ethereum and other cryptocurrencies by using some tricks or methods you may not be aware. No gambling, referring p...

HELP - How Can One Withdraw Crypto (Bat, Eth, BTC etc) Into African Bank Account

2 weeks ago 1 minute read Dominus1

Cryptocurrencies is the new money which everyone is rushing to get, either Bitcoin, Litecoin, Etherium, BAT, Bitcoin Cash etc. There are many apps and websites that let u buy crypto or earn crypto for free such as Publish0x, Brave, Browser, Cryptota...

Litecoin explained in 100 words or less.

2 weeks ago 1 minute read MadMaxx

The prodigal son. Litecoin was created to counteract and fix all the problems of Bitcoin, such as slow transaction times. Basically, they are identical in all aspects. They have the same block size, they have the same limited number of coins availa...

Gamble with DuckDice - basic, but fun

2 weeks ago 8 minute read renabs94

DuckDice is a provably fair dice site established in the end of 2016. DuckDice is a traditional Bitcoin dice site, meaning that it has only few games with quite basic graphical content. You can play with 12 cryptocurrencies: Bitcoin (BTC), Ethereum (...

TRX Forecast: stability and deceleration with multiple points of purchase

3 weeks ago 1 minute read matim10

I saw in several places that the TRX will reach 500% of appreciation in 2 years. It is very viable, stable currency, multiple uses, present in gambling and various games. Low fees, and that old story of stability vs. volume well adapted. The truth is...

Paypal and Bitcoin - to be controlled or to be free

3 days ago 1 minute read renabs94

Transaction control policies such as PayPal could push many people to use Bitcoin and other decentralized cryptocurrencies more and more. The fact is that, as Slate has revealed, such control policies are highly questionable and reveal that platforms...