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.


BTC - LTC - ETH 2019 Performance (statistical analysis) Part 1

3 weeks ago 2 minute read CryptoAddict $3.14 tipped

Bitcoin - Litecoin - Ethereum 2019 Performance Analysis   IntroductionThe sentiment about cryptocurrency has changed drastically since BTC retraced from over 12.000 USD to now just over 8000 USD. In this article we will look at the correlation betwee...

Pump n Dump: Killing the Cryptocurrency Market

3 weeks ago 2 minute read Blockchain Anchor $2.84 tipped

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1 week ago 1 minute read kingscrown $2.58 tipped

In crypto world, you cannot be ever sure of anything this is why the list of exchanges with no documents is constantly checked and updated when needed. Also, crypto exchanges are added there only after tests by many users for a period of time. DX.exc...

Special Moments at the Litecoin Summit 2019 - Highlight MamaeCrypto

6 days ago 2 minute read Mamaecrypto $1.97 tipped

Attending and volunteering at the Litecoin Summit 2019 was certainly the highlight of the year for me. At least so far! I had a blast from set up to break down. I want to first thank the Litecoin Foundation for organizing this great gathering. A conf...

Feathercoin (FTC): Brief Introduction & Technical Analysis 2020 (TA Master)

1 week ago 4 minute read Blockchain Anchor $1.87 tipped

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Recent interview with Mike Satoshi for High Heels of Bitcoin

1 week ago 1 minute read Mamaecrypto $1.72 tipped

Truly honored to have been invited by Mike Satoshi and be featured in the 20th Episode of his show High Heels of Bitcoin. Never imagined anyone would be interested in what I think, do or have to say. Honored by this experience and how professional he...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Nine - UP 20%

2 Oct 2019 5 minute read starthere $11.27 tipped

Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link,*** buy or sell $100 or more of crypto, and you'll receive $10 w...

MamaeCrypto at Wild West Crypto Show - Interview Litecoin Summit

23 hours ago 1 minute read Mamaecrypto $1.31 tipped

I must say that I was not prepared for all the action I was going to encounter at the Litecoin Summit this year.  One year ago I was completely shy about getting a picture with Charlie... And let's just say that this year.... I was all over the place...

The uncertain future of litecoin (LTC)

1 day ago 3 minute read zulonga $1.22 tipped

Introduction One of the first altcoins created and also featured in the market is Litecoin (LTC). As its name implies, it has emerged to be “lightweight” and to ensure simpler mining with more operations per second to streamline the transaction proce...

LTC / USDT Technical Analysis [BINANCE]

2 weeks ago 1 minute read MrBullishSail $1.17 tipped

LTC seen from the temporality of 1W we can see how the candle structures have formed a descending wedge where the price has been contracting in each LL formed during the movement, the previous candle has closed above the consolidation after havin...