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.


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...

DeFi & The Altcoin "Season" - What's Next?

29 Aug 2020 4 minute read 27 comments Thomas Wolf

Due to a massive increase in popularity with DeFi (Decentralized Finance) oriented tokens and crypto-related projects, many people fear an "Altcoin winter" is on its way.DeFi DEX's demonstrated a 500% lead over centralized exchanges in recent months,...

What is the most used digital payment method? (Spoiler: Neither BTC nor PayPal)

15 Sep 2020 5 minute read 5 comments Roberto D.

If you are passionate about cryptocurrencies, you have surely heard the name Tether by now. A few days ago the daily value of the exchanges of this cryptocurrency born in 2014, from the intuition of the Italian Giancarlo Devasini, would have overtake...

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...

Litecoin Transactions Surge Following Release of LiteBringer Game

21 Sep 2020 2 minute read 11 comments TheDesertLynx

Litecoin's transaction volumes have increased severalfold following the release of role-playing game LiteBringer on to the Litecoin mainnet. Network data points to the game as a likely catalyst for the transaction surge. Announced last week, LiteBri...

🔥Real Gaming Without Shitcoins Rewards! LiteBringer Brings You Litecoin

15 Sep 2020 3 minute read 11 comments Dapp.com

  🎉 Solve the LiteBringer Puzzle and Win $600! - 🙋 Learn and discover the secret of LiteBringer game with dapp.com to unlock the 12 keywords.    Duration: 6 days, start on 16 September (Wednesday) at 1 PM (UTC0). How to join? Here: https://www.dapp....

LocalCryptos: Ethereum Fees "Hurt the Underserved" Like Venezuelans

17 Sep 2020 3 minute read 8 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace LocalCryptos claims that high Ethereum fees have harmed its most underserved customers, highlighting users from Venezuela, who allegedly rely on the platform to sell small amounts of cryptocurrency. In a rece...

How to make money if crypto goes down

19 Sep 2020 2 minute read 21 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...

Litecoin Wallet Full Overview | Blockchain Tutorial | Backup also Restore Wallet

30 Aug 2020 1 minute read 0 comments Crypto wallets info

Thank you for watching this tutorial! I hope you guys enjoy it, please make sure to subscribe and leave a like, it helps my channel grow and gives me more motivation to keep making more tutorials. This is a step by step simple tutorial on how to cre...

Pornhub Now Accepts Bitcoin and Litecoin

2 Sep 2020 1 minute read 2 comments Abhi K

On September 1, pornography website PornHub has added support for payments in Bitcoin (BTC) and Litecoin (LTC). Bitcoin and Litecoin join Verge (XVG), among others, and as payment methods Verge was the first cryptocurrency to be supported by the web...