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.


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

19 Aug 2019 1 minute read Cryptonewscom

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...

HighLights of the Crypto Summit Invest LA 2019 - Speakers and Litecoin

15 Apr 2019 2 minute read Mamaecrypto

It is a wrap. Yesterday April 10th 2019 was the last day to enjoy the largest Crypto conference in the West Coast, the Crypto Summit Invest. Although the event is quite large it  certainly provided a very welcoming, organized, resourceful and quite c...

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

18 Jun 2019 1 minute read Workin

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600. In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch...

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

14 Aug 2019 2 minute read kevW!ls0n

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...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Three - UP 16.6%

4 Apr 2019 4 minute read starthere

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. I then repeated the experiment on the 1st of January 2019. Think...

Why you should avoid buying bitcoin or other cryptocurrencies from Robinhood.

10 Dec 2019 2 minute read EasilyRich.com

Why you should avoid buying bitcoin or other cryptocurrencies from Robinhood.                  Many people love to invest on the Robinhood app. After all who doesn’t like free stock trading? But buying your cryptocurrency from Robinhood might not be...

LTC/USDT - Binance - Team Cryp2Owl

23 Sep 2019 1 minute read Ken(Crypto Reporters)

One of my trading team requested to post this info. Our Idea of LTC USDT on BINANCE then a breakout of resistance. expecting a small correction to hit new support then going up. I guess wave 3 would be the expecting correction point. But we will see...

How To Recognize And Anticipate Whales Manipulation As Bitcoin Rises And Benefit Instantly

3 Nov 2019 3 minute read DoRi

Image source Just before the weekend Bitcoin started one of the biggest rallies ever. There are several reasons for this. One of the causes that plays a role is whales manipulation. How does that work and how can you, as a smaller trader, respond to...

Why You Need To Understand Bitcoin And Litecoin Halvings

29 Jun 2019 1 minute read Scott Cunningham

Bitcoin rewards are halved every 210,000 blocks mined. Litecoin rewards are halved every 840,000 blocks. Why does this matter? It affects the price. Let's dive into how. The current reward for miners mining blocks for bitcoin is 12.5 and it will decr...

Best Litecoin Coin Wallets

18 Nov 2019 2 minute read ChangeNOW

Being one of the most profitable and groundbreaking ways of making a living, cryptocurrencies need a highly secured storage. Litecoin is one of the five most-used coins in 2019. Thus, choosing a safe and multifunctional wallet can be time-consuming a...