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.


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20 Apr 2020 4 minute read 60 comments Thomas Wolf

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11 Feb 2020 4 minute read 41 comments cam_elica_24

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29 Mar 2020 5 minute read 62 comments Thomas Wolf

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27 Apr 2020 24 minute read 91 comments Thomas Wolf

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Litecoin 2.0 – The MimbleWimble Litecoin

23 May 2020 2 minute read 15 comments paragism

Cover Image Source – modified Litecoin network became live in 2011. The source code was very similar to Bitcoin. The primary differences were decreased block generation time (2.5 minutes), increased supply and a different hashing algorithm. Litecoin...

Full List of Litecoin (LTC) Partnerships, Integrations and Collaborations (2020)

11 May 2020 8 minute read 10 comments list3r

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1 Aug 2020 8 minute read 22 comments Roberto D.

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6 May 2020 3 minute read 47 comments Thomas Wolf

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Is USB Mining Profitable?

17 Apr 2020 3 minute read 27 comments AverageVancouverite

Is USB Mining Profitable? Having mined cryptocurrencies, especially Bitcoin, Litecoin, and Monero, for several years, it isn't uncommon for friends, family and others around me to tell me that they've heard about "USB Miners" and ask whether they're...

Litecoin Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 9 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...