Litecoin (LTC)

155 Articles 153 Followers

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.


EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Nineteen - Down 75%

2 weeks ago 4 minute read starthere $5.10 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...

BTC, ETH, XRP, LTC, BCH Price Prediction for August 2019

3 weeks ago 6 minute read CryptoChartWizard91 $5.01 tipped

Finally, the cryptocurrency markets have started to show the initial signs that this period of recent consolidation may have come to a close. With August upon us, I felt it was time to update my last predictions so here are my price predictions for t...

Free Litecoin LTC Faucet Mobile App (on Android and IOS)

5 days ago 2 minute read Alien Apps $3.95 tipped

We’ve launched our brand new Free Litecoin Mobile app today on the Android Play store and coming soon for iOS! Download it here and start earning Litecoin rewards today. Earn Free Litecoin with the Latest Mobile Faucet App from Alien Apps Don’t have...

Happy To See Litecoin FUD Finally Explained - Seeing Charlie Lee Prioritizing Development Gives More Confidence for the Project

1 week ago 2 minute read kevW!ls0n $3.69 tipped

A few days ago, a Litecoin Foundation chat between core Litecoin members - including founder Charlie Lee - was leaked (and posted on Reddit), which held some worrying information for Litecoin investors. The crux of the discussion revolved around Conf...

Recent Attack Against Litecoin Holders - Here's What You Need To Know

1 week ago 1 minute read Ed-california $3.06 tipped

The Binance exchange has notified the cryptocommunity that a “dusting” attack had been executed on the Litecoin network on August 10. Binance made the announcement via Twitter, Binance also added revealed the LTC transactions, about 0.00000546 LTC,...

9 Days Till Litecoin Halving - What is This And Why Should You Care?

4 weeks ago 2 minute read yourmitchy $2.90 tipped

A reduction in inflation is great in any market. Restricting the supply of an asset really does change the dynamics of the market over a longer period of time and this will be the same case for Litecoin when the block reward halves again in 9 days ti...

BTC, ETH, XRP, LTC, BCH Price Analysis For 22-26 of July

22 Jul 2019 4 minute read CryptoChartWizard91 $11.24 tipped

The cryptocurrency markets have been falling this month after going on an epic surge during May and June 2019. With Bitcoin falling and creating lower lows it felt like a good time to provide a quick overview of the top 5 projects! Bitcoin Bitcoin ha...

Litecoin fund is running out quickly. What will Litecoin's future be like?

6 days ago 1 minute read Cryptonewscom $0.93 tipped

Litecoin fund is going through a financial crisis? Yes, according to the report, the fifth largest electronic currency in the world currently has only 96,000 USD in reserve at the end of the first quarter of 2019 However, Charlie Lee - the father of...

Litecoin Before Halving- An Exciting Opportunity

3 weeks ago 1 minute read Wstanley224 $0.62 tipped

Litecoin is a recognizable, blue-chip cryptocurrency with a long history and a lot of market liquidity.  Released in 2011, and famous for its low fees and fast SCRIPT algorithm with a block completion time four times faster than Bitcoin, Litecoin i...

LTC, XRP price analysis - 08/19/2019

5 days ago 1 minute read zulonga $0.45 tipped

This post is intended to make a quick analysis of Litecoin (LTC) and Ripple (XRP) prices in the medium term against the US dollar. Litecoin (LTC) According to Elliot wave theory, we are now going through correction wave 2 A, B, C with the current st...