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.


My 60 Years Old Father Got His First Crypto Today 😁

17 Feb 2021 3 minute read 54 comments acesontop

Today BTC marked a new ATH of $51,615, and on this day my father, who is 60, got into crypto. He asked me to buy some cryptos for him and I have executed the orders asap. No, he hasn't bought a whole BTC or more, a matter of fact I just bought him 2...

MyCrypto BETA - Easy LRC, DAI and BAT Cross-Conversion

20 Apr 2020 4 minute read 61 comments Thomas Wolf

LRC, DAI and BAT all cross-convert through MyCrypto Beta.  In fact, cross-conversion is really easy! So, if you were worried about LRC being too much of a pain, or worthless, think again.  Most of you are probably ready to instantly cash out to the t...

Litecoin Reaches $100 & Is Outperforming Bitcoin!

17 Dec 2020 1 minute read 7 comments Sapphire

Litecoin Continues To Advance Unnoticed  Perhaps like most people in the Crypto space, your focus has solely been on Bitcoin in recent days. The top Crypto asset has recently shattered all time high levels to form a new all time high at approximately...

Litecoin - The Forgotten Legend!

11 Oct 2020 1 minute read 20 comments Sapphire

Litecoin Clinging To Top 10 Status With the massive surge of BNB earlier on in the year and newcomers such as Polkadot, Litecoin has had to give up it's Top 5 status. Litecoin is currently at number 10 and seems to have become a forgotten legend as D...

Cryptowriter: Coinpot - The End

18 Jan 2021 5 minute read 22 comments Thomas Wolf

All seven of Coinpot’s cryptocurrency faucets will be shut down on January 31st, 2021.  Coinpot itself will shut down on February 28th, 2021. "Every ending is a beginning. We just don't know it at the time." ―Mitch Albom Most people who use cryptocur...

Bitcoin as a Safe Haven: Fact or Myth?

11 Feb 2020 4 minute read 41 comments cam_elica_24

Image Source: Shutterstock   Over the years bitcoin has frequently been touted as a “safe haven” and the narrative has only gotten stronger in the past weeks. Apparently the idea won’t die, despite its legendary volatility and reports of thefts and h...

Cryptowriter: Dash Rockets Up Over 70%

14 Feb 2021 4 minute read 14 comments Thomas Wolf

Many people have had their eyes on DASH, and with good reason, but only a handful of people anticipated gains this large; this is the highest profit margin I’ve seen from Dash in years. “A man must be big enough to admit his mistakes, smart enough to...

Litecoin vs. Bitcoin Cash: Which Will Win the Battle of Digital Cash?

26 Aug 2020 5 minute read 52 comments Ben Wehrman

Hello friends, If you're like most people, you love receiving Bitcoin. If you're also like most people, you hate giving away your Bitcoin in the form of paying for stuff. You are not alone. BTC is looking more and more like a true digital gold -- AKA...

What is cooking with Litecoin?

2 Sep 2020 3 minute read 4 comments Mamaecrypto

The crypto market has already warmed up in 2020, and we have seen multiple cryptocurrencies gain popularity and exponential value. As the industry evolved into different sectors, we now encounter a large variety of cryptocurrencies and tokens to pick...

10,000 Satoshi's a Day, Every Day

29 Mar 2020 5 minute read 62 comments Thomas Wolf

This post is about how I made it (to and through) my goal of earning 10,000 Satoshi's a day with little to no effort.  I've now surpassed that a great deal.It's not hard, and it doesn't take all day like some would think.  Faucets are not there for f...