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 explained in 100 words or less.

2 Feb 2020 1 minute read 0 comments 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...

Crypto Accepted Here - Bumper stickers

16 Feb 2020 1 minute read 0 comments Mamaecrypto

If you own a shop, office or work off your vehicle... Now is a good time to let your costumers know that you accept cryptocurrencies with this cool selection of Crypto Accepted Here Bumper Stickers. Perfect for the window, check out area or your auto...

Gamble with DuckDice - basic, but fun

3 Feb 2020 8 minute read 0 comments 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 (...

He lost 53 million euros in Bitcoin…

5 Apr 2020 1 minute read 1 comment Gamma

6000 Bitcoins  Collins bought almost 6,000 bitcoins with the money earned from growing and selling cannabis. At that time, Bitcoin was not worth as much as today, when it bought this cryptocurrency it was worth between 4 and 6 dollars, to date it has...

Bitcoin Cash vs Litecoin - Which One Is Better?

18 May 2020 3 minute read 0 comments reedyzzx

The battle of two popular altcoins. Bitcoin Cash and Litecoin are both “attached” to Bitcoin due to how similar their mechanism is. Both of them also piggyback the popularity of Bitcoin. And don’t forget that both of them are designed to be much fast...

TRX Forecast: stability and deceleration with multiple points of purchase

27 Jan 2020 1 minute read 0 comments 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...

Cryptocurrency Updates - 07/06/2020

7 Jun 2020 1 minute read 0 comments Gamer Boy1110

Bitcoin Cast Announcing New Discord tipping bot for Bitcoin Cash   Forked from merc1er's tip bot for telegram.    Discord Link:   Litecoin (LTC) Released Version 0.18.1   Update Here:       IOTA Released Trinity Mobile Wallet Vers...

OKEx Exchange (OKB) - Big Giveaway for new members.

28 Jun 2020 1 minute read 0 comments FreedomBuilder

💲 Total reward: Up to 11.5 USDT💸 Extra Reward: You can earn free BTC by doing daily crypto learning tasks. ⚠️ Note: Airdrop only available for new users. 💎 Create an account at OKex Exchange. 🏦 Airdrop Rules:📌 Create an account at OKex Exchange & com...

How to Start Mining on Coinpot

17 Mar 2019 1 minute read 4 comments Bitcoinsense

My first post talked about how to get cryptocurrency by using the wallet and different coin faucets.   If you missed that, I suggest reading that first.   Another way to get coins is by using Coinpot is to do mining. Mining uses special so...

GokuMarket Exchange (GMC) - Multi-Currency Wallet, Fiat To Crypto.

9 Jul 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive 10 GMC ≈ $5 for simple social tasks. 🌟 Register at GokuMarket Exchange. 👉 Start the GokuMarket Telegram Airdrop Bot. 💎 Airdrop Rules:📌 Register at GokuMarket, Confirm your E-mail & Complete your KYC verification.📌 Join on Te...