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.


Cryptographic Alternatives Season on the Horizon

25 Jul 2020 1 minute read 2 comments alquimista1501

From March 2020 to date an interesting behavior has been seen in some of the altcoins beyond Bitcoin and its expected bullrun, several of the alternative calls have registered not only interesting movements but are supported by clear fundamentals tha...

Grayscale Launch Ad Campaign to Bring Crytpo to the Masses

12 Aug 2020 3 minute read 4 comments Bragato18

Grayscale Investments national TV ad, that hopes to bring cryptocurrency to the masses, has been officially launched. The ad will be featured on CNBC, MSNBC, FOX and FOX Business. The 30-second video clip was released by Grayscale Investments on Twit...

DER CARDANO Effect: Cross Chain Communications & SC Managed Power Project Funding & Returns

27 Jul 2020 3 minute read 7 comments thunderboltkid

No this is not a German language mistake. ;) #DER = "Distributed Energy Resource", the tech on which I work during one of my three contracted  daytime efforts. #CARDANO Strikes Again!: "Internet of Blockchains" Reloaded Charles Hoskinson's "CH" late...

Legit Ways To Earn Crypto 2020

6 Jul 2020 2 minute read 7 comments Schire

If you are a beginner or just someone who wants to earn crypto for free without investment or deposits, then this post is for you! Today I will be giving you some ways to earn crypto for free this 2020. I will also be including some sites that you ca...

Review of the DualMiner USB Miner

20 Jan 2020 2 minute read 0 comments AverageVancouverite

Dualminer USB Miner Specs: Algorithm: SHA256 (Coins Mined: Bitcoin, BitcoinCash, Peercoin, etc.) and SCRYPT (Litecoin, Dogecoin, etc.) Hashrate: Dual mote: 500 MH/s SHA256 and 40 KH/s SCRYPT or 70 KH/s SCRYPT Chip: 55nm Gridseed GC3355 Power use: Du...

Litecoin Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 9 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...

Legit Crypto Telegram Bots 2020 (With Proof of Payments)

7 Mar 2020 3 minute read 2 comments Schire

Do you have telegram? If yes, then you need to try these paying crypto telegram bots! I have stumbled upon these crypto bots on telegram last year and it made me curious if these are legit so I've tried using it for a day. The creator have 5 bots but...

Play To Earn Crypto: CryptoRize

21 Jul 2020 2 minute read 0 comments Schire

As promised, I'll be making a review again about an app where you can play and earn crypto for free. This app is called CryptoRize. This is a very fun game where you play by combining similar-looking crypto coins. Just touch or click two or more coin...

Make money in Crypto Opportunities 2 – Telegram Bots

17 Jun 2020 1 minute read 2 comments ManuelAR

Today I want to introduce to you another form of earning some crypto; Telegram bots. Bots can be programmed for many different purposes, in this case, these bots were created to reward users for performing certain tasks. There are three ways you can...

Litecoin Price action and story brought to you by new cat narrator Mochu

26 Aug 2020 3 minute read 3 comments Greenchic

   Please welcome the cat narrator of this Litecoin story - Mochu Hel..Hello guys. Today’s crypto Litecoin’s story will be narrated by me, Mochu. My best mate, Garu who is the popular Bitcoin cat here, is generally the cat that narrates Bitcoin rel...