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.


Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis (Shorter Version)

31 Dec 2019 1 minute read 2 comments martintibor40

I've found the best price analysis on the world and here's how it sounds : (Cointelegraph.com) Disclaimer: The following content isn't plagiarized, it's under fair use, credit to Cointelegraph for their excellent source   Bitcoin futures trading volu...

MONERO, LITECOIN AND ZCASH ARE THE MOST RESILLIENT THIS MONTH

19 Jul 2019 1 minute read 0 comments cyprain

MONERO, LITECOIN AND ZCASH ARE THE MOST RESILLIENT THIS MONTH.  The month of July has been a SURPRISING  month for traders with so many ups and downs. Ethereum , Bitcoin and BCH seem to be making more movements with bitcoin topping the list as at the...

The litecoin Foundation announced that Litecoin is the official cryptocurrency of the Miami Dolphin.

13 Jul 2019 1 minute read 0 comments Roberto D.

This partnership will enable the purchase of Miami Dolphin lottery tickets in cryptocurrency (specifically Litecoin or Bitcoin), which proceeds will be divided equally and half of the proceeds will be used for the Miami Dolphin charities. Kim Rometo...

Coinloan improvements - Coinloan lending and borrowing

6 Aug 2019 1 minute read 0 comments Cal_tv93

I know that there are a few lending platforms out there, but if you ask me Coinloan is one of the better once and they are adding more and more to the platform compared to other lending platforms. Tho Coinloan is a Peer to peer platform where users l...

Blockchain is a new clickbait word

19 Nov 2019 1 minute read 1 comment shadowofsatoshi

Blockchain is a modern word. Even so modern that it has become a clickbait. Anyone uses it to focus readers' attention. But it is not blockchain like blockchain.Governments of world powers, management of large banks, start-up companies. All of these...

Litecoin halving didn’t prove fruitful for the 6th largest Cryptocurrency

5 Jan 2020 2 minute read 0 comments fklivestolearn

Litecoin Block rewards halving has seen the mining interest plummet, Will Bitcoin Halving in 2020 suffer the same fate?   Let me start off by explaining the process of halving in Cryptos like Bitcoin and Litecoin for people who don’t know. It inv...

Litecoin (LTC) will release a credit card

20 Jun 2019 1 minute read 0 comments Chriss Airdrop

Litecoin (LTC) will release a credit card in partnership with Bibox and Ternio   It seems that the trend towards cryptomoney-based credit cards is returning in force. After the Coinbase exchange, it is the Litecoin Foundation that announces a Litecoi...

Update 11: Cats cryptocurrency prediction experiment!

17 Jun 2019 1 minute read 1 comment Piet246

After a week that was mostly positive I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so...

Guide for Traders

28 May 2020 1 minute read 0 comments Ashif P A

The cryptocurrency market is constantly expanding and provides many opportunities to informed online traders Beginners guide: Traditional trading is difficult, but in digital currency its easy to learn to trade, small amounts can do as long as we can...

How to make a profit with any cryptocurrency

30 Dec 2019 1 minute read 2 comments martintibor40

Step 1. Pick a cryptocurrency First of all you need to find a digital commodity that is your target , when you have that make sure you read kind of exchanges going around of any exchanging platform for example (BTC-USD , LTC-BTC , ETH-BTC etc.) this...