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.

Price analysis 24, Feb Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

24 Feb 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,751.04 at 11:44 AM GMT +5, with a loss of -1.75% in its price in the previous 24 hours. Bitcoin as per 23 Feb was...

Win litecoin Telegram bot 2019

2 Nov 2019 1 minute read 1 comment acido1120

Hello friends, Blessings and Successes, as always Entrepreneur 2.00 helping the community to grow economically and generate passive income while continuing to do their daily work, today I bring you another Litecoin, a method where you don't lose, b...

The only truly paying telegram bot! [LITECOIN LTC]

16 Apr 2020 1 minute read 0 comments Ryuji

Like all my articles I will be brief!This bot allows us to earn satoshi simply by visiting websites, starting a bot on telegram or staying for x hours in a telegram group/channel. You can request your payment after reaching the figure of 0.0004 LTC! ...

Browse without ads wow

16 Jan 2020 1 minute read 1 comment lancelot7

Hi friends no doubt this is an airdrop which is one of my favorites because 2 reasons just using an app and referring it to new people we are commissioned after 30 days this is the first reason. Baixe o app Create link invitation htt...

Binance launches LTC/USDT perpetual contract market launching tomorrow!

8 Jan 2020 1 minute read 2 comments oceanloader4

I've been playing the BTCUSDT perpetual contract market since the autumn and it's a pretty good way to long with leverage  (obvious disclaimer : leveraged trading is a fantastic way to lose all your money if you don't know how to use stop loss orders...

South Korean Bithumb Exchange is hit with over $69M in Taxes by NTS

30 Dec 2019 1 minute read 1 comment

The crypto exchange Bithumb has been hit with an amount of $69.3 million in taxes. Recently, the largest South Korean crypto exchange Bithumb has charged with a tax bill of 80.3 billion worth $69.5 million. The news is reported on Monday by the local...

Blockfi Update! Interest Paid on Litecoin and USDC.

8 Jan 2020 1 minute read 2 comments G4G Crypto Training

I have written more in depth articles about Blockfi in the past.  But I wanted to share another cool update.  In addition to paying you interest on your Bitcoin, Ethereum, and Gemini Dollar (GUSD), Blockfi just began paying interest on Litecoin and a...

Litecoin After Halving

25 Aug 2019 1 minute read 0 comments darianosch

Litecoin After Halving Litecoin's Hashrate is down 28% since it was halved, LTC drops to $74. The hashrate of Litecoin's network is falling heavily. After halving in early August, the hashrate fell by 28%. This is because the block reward for the min...

Stakecube Review

27 May 2020 1 minute read 0 comments yanis

Stakecube is a pool for staking and Masternodes. Here, you can stake your cryptocurrencies and buy MN shares.   General With stakecube, you can earn interests/staking rewards on your coins. The website was created in 2018, and survived to the "crypto...

China is looking to launch its 1st ever blockchain ETF very soon

30 Dec 2019 1 minute read 0 comments

China is making progress day by day in applying the blockchain technology in various systems and the process of blockchain applications is increased many folds after the president’s encouragement of the blockchain in the country. Penghua Fund, a Chin...