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.


Why litecoin will be explode soon?

2 May 2020 1 minute read 3 comments Kavi

    There are so many positive news related crypto,hovering in the news and blogging platform .the hottest news so far is bitcoin halving which is trending everywhere but have you noticed about Litecoin?  Litecoin is next exploding coin in the marke...

Earn Crypto Every 5 Minutes!

5 Apr 2020 1 minute read 11 comments Schire

Earn crypto every 5 minutes with Faucetpay! Faucetpay is a micropayment wallet and earning platform wherein you can receive instant crypto payments from thousands of websites! You can withdraw your earned crypto to your personal crypto wallet for a v...

HODL Your Horses! BTC Spiked Again! AND AGAIN!

19 Mar 2020 1 minute read 3 comments Thomas Wolf

The moment I sat down to see what "the damage was" this morning (03-19-20) I was pleasantly surprised, as I'd hoped pressure points caused people to cash out below value (and likely will 1-5 more times before I cash out) and now the market is holding...

What is Maker (MKR)? How it works?

2 May 2020 1 minute read 4 comments PrisonedBus9641

Maker is a decentralized autonomous organization (DAO) based on the Ethereum Network. Moreover Maker (MKR) is a currency encryption platform in the Ethereum blockchain that sells Dai tokens and tries to minimize their volatility. The smart contract p...

Sites I work on to get cryptos #1

8 May 2020 4 minute read 0 comments nanoflowerdemon

You know the drill, you know the grind. If you're a crypto noob like me then you probably visited many PTC sites, faucets, GPT programs etc. I'm aware that it's not an optimal way of making money but if you're getting started with crypto and you just...

New Stuff Added on Binance That You Should be Aware Of

12 Feb 2020 1 minute read 3 comments kingscrown

The fastest-growing in the world exchange - Binance added new stuff today and in the last days that I think every crypto trader should not miss. Weekly Altcoin Price Fluctuation Ranking They got aware many people dont get history or how to read chart...

Litecoin and Atari Announced Partnership

20 May 2020 1 minute read 3 comments Mamaecrypto

I am always excited when Litecoin has an Announcement, and today the Litecoin Foundation blew my mind when they revealed the news of their partnership with ATARI. If you are a child of the 80's, you not only remember this pioneer Game Console (yep th...

ONLINE MINING SITES THAT GENUINELY PAYS - PART 1 (SCREENSHOT ADDED)

8 May 2020 1 minute read 6 comments Khan Fahad

There are lot of mining sites available for you, as per your investment plan,and needs. But I genuinely believe investing in something that doesn't assure you return is foolishness. I believe, one should never pay for any service on internet, until a...

Bitcoin dropped pre halvening

10 May 2020 1 minute read 0 comments bitcoindelight

1d and 17 hours away from the next Bitcoin halving and today we experienced already a decent drop in Bitcoin. Market cap. went down nearly 12% as Bitcoin and Ethereum both dropped within the 11 -12% range. Litecoin dropped more than 14% and gains f...

Litecoin to Rise due to MimbleWimble ?

2 Feb 2020 1 minute read 4 comments kingscrown

Mimblewimble is a blockchain protocol created to improve privacy, fungibility, and scalability of blockchains. It was published on July 19, 2016 under the pseudonym "Tom Elvis Jedusor" which is the French name of Voldemort from Harry Potter. First it...