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 26, Feb Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

26 Feb 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH are on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,112.20 at 1:29 PM GMT, with a loss of -4.72% in its price in the previous 24 hours. Bitcoin as per 25 Feb was at...

Localcrypto needs the support of LTC community! [Voting has ended!]

15 Feb 2020 1 minute read 0 comments BiEskuLauHobe

Localcryptos is asking the community which of this three cryptos will be listed, LTC , EOS or DASH.   "We're bringing P2P to a third crypto. Decide which cryptocurrency will be listed next by casti...

3 common risks that Litecoin (LTC) miners should know

6 Jun 2020 1 minute read 1 comment AnAn

The following is a list of some risks you may face as a miner: 1. Increased difficulty: As more miners participate in LTC mining, the difficulty will increase accordingly. This reduces your profits. Therefore, you need to make a realistic estimate of...

Main movements of litecoin in the following weeks

27 May 2020 1 minute read 0 comments Crypto adict (Manu VZ)

Litecoin price in the coming days Today May 27, 2020 10:51 (UTC-5) The price of litecoin LTC / USD on the bitstamp exchange is around 43.62 at the time of analyzing the chart, it presents a slight upward movement from the lowest point that was on Mar...

Sable Assent (SAC1) - IEO on Latoken Exchange

2 Jul 2020 1 minute read 0 comments FreedomBuilder

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LITECOIN (LTC) Short Term Price Prediction

21 Jun 2020 1 minute read 0 comments skyislimit

Let's look at LTC /BTC Daily Chart Coming days it will follow BTC price too and as BTC gets weaker LTC gets a little stronger. We have to watch BTC prices closely. Resistance stays at 0.004800 BTC and support stays at 0.0046500 levels and mostly it i...

Do Cryptocurrencies Look Like Fake Money?

1 Jun 2020 1 minute read 0 comments PassionCryptodotcom

While this may sound like the success of crypto, there are still many concerns regarding decentralized currencies that are not regulated by government institutions. A recent article by a researcher at the Stanford Graduate School of Business reveals...

Caracal Coin (CRLC) - Decentralized Blockchain Cryptocurrency for everyone & everywhere.

14 Jun 2020 1 minute read 1 comment FreedomBuilder

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

11 hours ago 1 minute read 0 comments FreedomBuilder

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The Future of Bitcoin Dice Games - Earn money fast!

6 May 2020 1 minute read 0 comments Knowledge Explorer

Redefine your online crypto casino gaming experience with Luckydice - An Intuitive and Frictionless bitcoin dice game that raises the bar!   Luckydice is an intelligent contract-based random number game. The randspecific algorithm has been included i...