Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

824 Articles 1697 Followers

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.


An easy way to make money from home at the time of the quarantine #1

23 Mar 2020 2 minute read 20 comments Roberto D.

Like many, not to say all, I find myself locked in the house because of the coronavirus. The problem that immediately came to mind immediately after "how to defeat boredom" was "how do I earn something?". Unfortunately whether you like it or not one...

Cryptocurrency Markets Increase Asset Values To Almost 7%. BTC, LTC, Eth, BAT etc Gains

17 Apr 2020 1 minute read 2 comments Dominus1

Good day friends and loved ones. It another great day for all Cryptocurrency traders. As at the time of writing this article, cryptocurrencies worldwide has increased 6.65% on asset values. With leading digital currencies and tokens like BTC, ETH, LT...

The Road to 1 DAI on Publish0x

27 Mar 2020 1 minute read 0 comments Thomas Wolf

It came faster than expected, largely due to a random decision to start writing articles pretty much daily, and then again with a random change in Publish0x payment methods from Hydro to DAI.I wrote an article on How to withdraw your BAT directly to...

What is Dogecoin (DOGE)? How it works?

1 May 2020 1 minute read 3 comments PrisonedBus9641

Dogecoin (DOGE) was born in a purely ironic way inspired by Doge, the Shiba Inu dog breed used in the famous memes.This virtual coin born as a joke immediately gained a large following in the world of cryptocurrencies and today represents one of the...

How i make passive income through staking

15 Mar 2020 1 minute read 4 comments midnightfalcon72

Hello my dear Crypto friends! Today i am talking about passive income. I don't have a lot of money to invest in crypto and i never risk more than i can afford to lose. A lot of my crypto has come from faucets, airdrops and from learning about crypto...

Crypto Surge: Bitcoin, We Believe!

6 Apr 2020 1 minute read 2 comments Thomas Wolf

In terms of sheer competition, cryptocurrencies are doing wonderful right now in comparison to other markets such as the stock exchange.  I'll note while Bitcoin is responsible for this shift, Stellar is having a Stellar morning because of it.My Coin...

LITECOIN (LTC) Short Term Prediction

26 Apr 2020 1 minute read 0 comments skyislimit

 Let see what we said last time "Weakness continuous on LTC recently.  The last 3 weeks can not reach to $45 resistance level and keep coming down. Strong resistance is at $45  and in order to keep moving up it should hold at $41.5 continuously but s...

Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace: Updated Feb 20

16 Feb 2020 2 minute read 10 comments Bragato18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

LBRY Credits (LBC) mooning

12 May 2020 1 minute read 3 comments Jakonfire

LBRY Credits (LBC) mooning Welcome to lbry.tv a blockchain-based digital content protocol containing a digital library of content. But the best and the main reason why you should use this platform is the possibility to receive various rewards. Of cou...

I'm Not A Big Bitcoin Cash Fan But Here's Why It Could Still Moon

31 Mar 2020 1 minute read 0 comments Sapphire

The Most Prominent Bitcoin Hard Fork Let's be clear, I'm not really a fan of any Bitcoin hard fork, especially as the team are merely hijacking the "Bitcoin" name, brand and influence. Instead of creating their own influence and brand they are riding...