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.


5 tips to recognize and avoid scams

25 Jun 2020 1 minute read 2 comments yanis

There are many scams in the crypto world. I'm sure that, if we would put all scammers in prison, we wouldn't have enough prison cells. So, in this article, I'll let you identify them.   1 - They give very high yields Many scams give you very high yie...

Oh my god - where to invest?

20 Aug 2020 1 minute read 7 comments MikePL

Everyone who is new in investing or investing in crypto world is looking to find the answer - where to invest, how to invest, which coin to buy, how much should I invest?   Most of them are losing money even if we have bull market. I know people who...

Simplest way to earn rewards

5 Apr 2020 2 minute read 16 comments BenKenobi

Staking and fixed or flexible deposit functions are fonctions proposed by different exchange platform. You can be rewarded simply by keeping your crypto in your wallet. I test since few days different solutions with an initial wallet of $100.   Binan...

An easy way to make money from home at the time of the quarantine #3

22 Apr 2020 3 minute read 0 comments Roberto D.

Before I started talking to you about the new method that will not-make-you-get-rich-but-maybe-yes (hope is the last to die) I wanted to ask you how you are. I don't know the situation in your country but in mine, Italy, there has been quarantine for...

what can we expect from the bitcoin halving in may 2020? A new bull run?

10 Mar 2020 3 minute read 2 comments LiquidAttic

Dear followers and readers! What exactly is a Bitcoin block halving? With a Bitcoin block halving is meant that the reward of miners is halved. Because of the mining proces new Bitcoin always comes into circulation. Now at this moment miners get 12.5...

Optimize your crypto portfolio trading on BlockFi

23 Aug 2020 1 minute read 2 comments ManuelAR

In a previous article we explored various decentralized Financial platforms that we can use to earn some interest on our crypto assets. (Read it HERE) I have been earning interest on my crypto holdings in BlockFi and Nexo, which are two of the platfo...

How to make money with cryptocurrencies

9 Jun 2020 1 minute read 4 comments yanis

Many people (like me) says that cryptocurrency is "money of future". They also say we can make many money with. But how ?   1 - Trading Trading is a very known activity. It's very profitable, but also very riskful. skill : medium profit : high risk...

Young people interested in BTC, why will this increase its value?

9 Aug 2020 2 minute read 8 comments Roberto D.

Investors are increasingly turning their attention to "hard assets" such as gold and Bitcoin to protect their capital from inflation resulting from the massive surge of money in economic systems, resulting from the actions already deliberated by cent...

Coinpot: adds interest rewards (no affiliate link)

29 Aug 2020 1 minute read 3 comments Gamma

Adds interest rewards   You can now earn interest rewards on different levels, their reward system is really interesting because you can easily accumulate coinpot with their different faucet. Here are the all the conditions and the different levels o...

Bitpanda is giving away an entire Bitcoin

9 May 2020 1 minute read 0 comments Jakonfire

Trade € 25 on the Bitpanda Broker to get a chance to win up to 0.5 BTC   Halving is coming and more and more competitions popping up.If you register or already signed up and trade more than € 25 of Bitcoin at bitpanda.com until the 14th of May, 2020...