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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's prospects for a rally in 2023

2 Feb 2023 2 minute read 0 comments Stormgain

Litecoin was created in 2011 to process transactions faster and cheaper. Blocks on its chain are created four times faster, and transaction speed reaches 56 transactions per second (TPS) compared to Bitcoin's 7 TPS. The coin must be mined, its emissi...

MyCrypto BETA - Easy LRC, DAI and BAT Cross-Conversion

20 Apr 2020 4 minute read 61 comments Thomas Wolf

LRC, DAI and BAT all cross-convert through MyCrypto Beta.  In fact, cross-conversion is really easy! So, if you were worried about LRC being too much of a pain, or worthless, think again.  Most of you are probably ready to instantly cash out to the t...

Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace: Updated Feb 20

16 Feb 2020 2 minute read 11 comments B18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

How I'm stacking some LTC

7 Feb 2023 1 minute read 0 comments Lazincome

Welcome back to my blog, today the topic is: how I try to earn some Litecoins waiting for the coin to pump. I think LTC is great, I mean, low transaction fees, fast payments, just as simple as that. To gain some LTCs I'm doing nothing too complex, ac...

How to Mine Litecoin?

23 Jan 2023 1 minute read 0 comments coinpassglobal

As a currency that is nearly identical to Bitcoin, Litecoin (LTC) mining has become quite a widespread option for a lot of crypto traders. Mining Litecoin provides you with your very own supply, which you can then spend or trade however you like - fr...

Zero to Hero ~ October

9 Oct 2022 1 minute read 61 comments ZeroRequiem

Hey Peeps!   The Votes are in....and we had actually had a 5-way tie for Crypto Reward of the Month! ADA, XTZ, BTC, LTC, and ETH all received 2 Votes each.  When there is a tie we go to the Wheel of the Crypto Gods to decide!     For October, the Wh...

Solana And Chainlink Lead A Recovering Cryptocurrency Market

21 Jun 2022 3 minute read 1 comment Rubikkav

With bitcoin barely recovering after visiting the $17,500 zone over the weekend, several of the top altcoins in the market have seen some very interesting returns over the past 7 days. Among those cryptocurrencies highlighted in the market, Solana an...

Litecoin in disgrace as crypto exchanges delist it

14 Jun 2022 1 minute read 0 comments Stormgain

Once one of the top five blockchains, Litecoin has faced new challenges and pressure from South Korea's cryptocurrency exchanges. In mid-May, MimbleWimble (MVEB) was updated, increasing the anonymity of transactions. For crypto exchanges, this caused...


12 Oct 2021 3 minute read 0 comments F Sharp

  Bitcoin The chart has me ready to take off. As previously, I've been long since Bitcoin was 41k, I've taken all profits and started to build another position- long. BTC has huge support bouncing approximately at 53k. I'm loading up and watching a r...

How and Why You Should Start Paying Salaries with Cryptocurrency

5 Oct 2022 5 minute read 2 comments Blockchain Dude

Cryptocurrencies have become a global phenomenon over the past few years, with many businesses and individuals getting on board as a way to transact without depending on banks or government institutions. It’s not surprising, then, that more and more...