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.


China’s strict Social Credit System increases the need for Bitcoin in China

15 Jan 2020 1 minute read 0 comments Tokenhell.com

The Chinese government has gained full control over the country after implementing the Social Credit System. Because of this strict social credit system, people of China will less rely on fiat money and will move their attention to Bitcoin. The gover...

INSTAR’s Block’tivity Ranking Keeps It Ahead of Heavyweights Such As Litecoin, Doge and Bitcoin Cash

25 Jun 2019 3 minute read 0 comments Blockspectator

Before investing in anything, due diligence is highly advised. Block’tivity is here to help every investor discover their best possible investment option in the cryptocurrency exchange market. Block’tivity combines several variables to come up with t...

BCN Day Trade Trick

25 Jan 2020 1 minute read 0 comments matim10

How today trade bytecoin and make some easy profit Bytecoin is a natural currency for the day trade, we all know, it is always on sale at one exchange much cheaper than the other, which always guarantees one or the other very easy profit.What you may...

Attack on Litecoin owners!

13 Aug 2019 1 minute read 0 comments Roberto D.

Recently, Litecoin owners on Binance have suffered a hacking attack, but what is a dusting attack? Unfortunately with the new digital currencies new types of attacks have also been born to steal information, or in the worst case, the coins themselves...

The SEC launches an anathema against IEOs and informs US citizens of the risks of these tools

16 Jan 2020 1 minute read 0 comments Roberto D.

On Tuesday, January 14, the U.S. Securities and Exchange Commission (SEC) sent a warning from its Investor Education and Advocacy wing, urging citizens to be wary of initial exchange-managed coin offers (IEOs). More specifically, in the document in q...

Hackers everywhere.. They Login in my p2pb2 account.. Be careful and always use different passwords for different sites.

14 Aug 2019 1 minute read 3 comments Musawer

I was shocked that I received a mail from p2pb2b exchange that somebody login my p2pb2b exchange account and that was not me. They provided me the ip adress of that device and some other instructions to keep my account safe. The ip adress was.(115.75...

Japanese E-commerce Giant Rakuten’s Users will, now, Convert points into Crypto

29 Dec 2019 1 minute read 0 comments Tokenhell.com

Japanese based e-commerce giant company, Rakuten, announced in a press release that users now convert their earned points to cryptocurrency. Currently, they can swap points with Bitcoin, Ethereum and Bitcoin Cash. According to the announcement releas...

What is Litecoin (LTC)? | An Open source P2P digital currency

26 Jan 2020 1 minute read 1 comment NassiroV

Image Source What is Litecoin? Litecoin is a peer-to-peer cryptocurrency that is used for instant payments at very low costs. It uses a decentralized system, with no central authority, and therefore allows users to manage their finances independentl...

My List of good exchanges

2 Aug 2019 1 minute read 3 comments Cal_tv93

So i just wanted to give people the option to find new exchanges that you could use to exchange a token or something else that you havn't been able to find.   1. Stex Exchange Stex exchange is one of my favorite exchanges that isn't instant but just...

HighLights of the Crypto Summit Invest LA 2019 - Speakers and Litecoin

15 Apr 2019 2 minute read 0 comments Mamaecrypto

It is a wrap. Yesterday April 10th 2019 was the last day to enjoy the largest Crypto conference in the West Coast, the Crypto Summit Invest. Although the event is quite large it  certainly provided a very welcoming, organized, resourceful and quite c...