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.


9 Days Till Litecoin Halving - What is This And Why Should You Care?

26 Jul 2019 2 minute read 4 comments yourmitchy

A reduction in inflation is great in any market. Restricting the supply of an asset really does change the dynamics of the market over a longer period of time and this will be the same case for Litecoin when the block reward halves again in 9 days ti...

Litecoin Summit Recap on the Phillip Kennedy Podcast and Channel

16 Nov 2019 1 minute read 8 comments Mamaecrypto

🔥 HOT SUPER HOT! 🔥 This week me, Jonny Litecoin, Litecoin Lisa and Rebecca joined Phillip Kennedy in his YouTube channel to recap some of the best moments experienced at the Litecoin Summit. A fun and casual chat among Litecoin Volunteers with lots o...

BlockFi - my first month with a Bitcoin interest earning acount

13 Jan 2020 1 minute read 9 comments mattydevine

Perhaps some of you have seen the BlockFi advertisement being promoted through the Brave Browser recently. I was curious and I wanted to share my experience after signing up in December of 2019. In December when I signed up, BlockFi offered interest...

Strategic partnership between TRON and Litecoin? Charlie Lee and Justin Sun spotted together and rumors travel the world

27 Jan 2020 2 minute read 3 comments Roberto D.

To kick off the rumors was a banal photo that portrays Justin Sun (CEO of TRON) and Charlie Lee (founder of Litecoin) together; subsequently it was Sun himself who confirmed that he had the opportunity to confront Charlie Lee, declaring that he had u...

Cloud mining with Dual Mine! 100GH/s free

16 Jan 2020 1 minute read 13 comments The Joker

Hi guys, Today I want to talk you about a really good cloud mining site: https://www.dualmine.com Cloud mining consists in the purchase of hashing power from mining farms. On this platform you can mine BTC, ETH, LTC, BCH, DOGE, ZCASH DASH and MONERO....

What to do in quarantine: Three games for free

28 Mar 2020 1 minute read 0 comments Roberto D.

I promised another article in the "An easy way to make money from home at the time of the quarantine" section but I thought that apart from making money, losing a couple of hours in a different way is a good idea, and then it's free.   On the Google...

BTC $10000 is coming

27 Jan 2020 1 minute read 7 comments 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...

Cryptocurrency Prices To Continue It Fall From Grace

17 Mar 2020 1 minute read 0 comments Dominus1

Ever since Coronavirus became pandemic, it has seen the fall of all cryptocurrencies that exist by up to 50 percent or more. And with the current trend it doesn't seem to gain back it lost resources anytime soon. BTC of all cryptocurrencies had dropp...

Bitcoin: Dump is starting

7 Apr 2020 1 minute read 7 comments Savastano

Hello.I preparing to write a big article about dump Bitcoin in the next day, up to 2 days, but it is happening now:This pattern is called "Tatry", "Mountains" or "Green-red mountains":So everyone who exchange even part of crypto at this local top (fo...

Gamble with Sportsbet.io - a small sports betting and Casino

30 Jan 2020 3 minute read 2 comments renabs94

Sportsbet.io is a cryptocurrency betting site and casino founded in 2016. The site is part of the Coingaming Group, which runs also the cryptocurrency casino Bitcasino.io. There are also quite significant amount of casino games available: total of 21...