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.


The 5 best and safest wallets for Bitcoin, Ripple and other cryptocoins

1 Jan 2020 2 minute read DoRi

Image source One of the most important decisions you have to make when working with Bitcoins or other cryptocurrency is which and what kind of wallet you are going to use. There are several options, one of which is a bit more secure than the other. T...

WE ARE BEING MANIPULATED! REAL REASON FOR MATIC DUMP! NIKE / ETHEREUM PATENT! NEW VECHAIN PARTNER!

11 Dec 2019 1 minute read CryptoBitcoinChris

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com We...

Litecoin: What do you need to know? [A Guide To Understanding Litecoin]

23 Oct 2019 6 minute read DoRi

Image Source If bitcoin is the gold of crypto, then Litecoin is the silver. Litecoin is often called the little brother of bitcoin. The coin has grown explosively in recent times. But what exactly is Litecoin? What are the differences with bitcoin? A...

Reducing the carbon footprint of Bitcoin mining

14 Apr 2019 2 minute read Coinhound

The concern around the global impact of mining bitcoin and other cryptocurrencies has received a lot of press of late, China is even threatening to ban the mining of Bitcoin if the latest press is to be believed. Indeed, it is believed that the minin...

The uncertain future of litecoin (LTC)

10 Nov 2019 3 minute read zulonga

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...

NEO: What do you need to know? [A Complete Guide To Help You Understanding NEO]

2 Nov 2019 11 minute read DoRi

Image source Compared to bitcoin or Ethereum, NEO is still relatively unknown to the general public. Within the crypto community, however, NEO is a project where all eyes are on and where a lot is expected of. Why is that? In this article we explai...

My Current Crypto Holdings and Why

4 Sep 2019 1 minute read MobiusMan

The first thing I'll admit is that I am not an expert when it comes to blockchain technology and crypto assets. Nevertheless, I'm drawn to them because I feel that some will lead the way to revolutionize the world, much like the internet has over the...

Recent interview with Mike Satoshi for High Heels of Bitcoin

2 Nov 2019 1 minute read Mamaecrypto

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...

I sold our bed and bought cryptos instead for Christmas

4 Dec 2019 3 minute read cryptovato1

Maybe this would be hard to believe, but actually I did. As I am moving from one city to another, I try to go minimalist. Living with less but with better quality. If you want to sell your personal stuff in Mexico online or on the street market, the...

Litecoin Rise Unveiling!

12 Sep 2019 1 minute read Oligon

CONTEXT Litecoin has been on a massive sell off in very similar magnitude and length (2-3 months roughly) than the rally that took price from $65 to $145 for a +100% increase. Similarly, since late June, price has lost half it’s value in about two mo...