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.


Atomic Wallet's AMA Session with Litecoin

3 May 2020 6 minute read 4 comments cryptosawyer

On April 24th, Litecoin, an open-source, global payment network that is fully decentralized without any central authorities, hosted an AMA session with Atomic Wallet in their Telegram Chat. Atomic Wallet's CEO Konstantin Gladych and PR Manager Chris...

Brave Browser launches Brave Togheter to make video calls

28 May 2020 2 minute read 7 comments Roberto D.

The Brave browser launches the video calling system "Brave Together", and thus places itself in direct competition with industry apps such as Zoom, but also Facebook, Whatsapp, Skype etc. The news was announced via Twitter: The service is currently...

What is Dogecoin (DOGE)? How it works?

1 May 2020 1 minute read 3 comments PrisonedBus9641

Dogecoin (DOGE) was born in a purely ironic way inspired by Doge, the Shiba Inu dog breed used in the famous memes.This virtual coin born as a joke immediately gained a large following in the world of cryptocurrencies and today represents one of the...

LBRY Credits (LBC) mooning

12 May 2020 1 minute read 3 comments Jakonfire

LBRY Credits (LBC) mooning Welcome to lbry.tv a blockchain-based digital content protocol containing a digital library of content. But the best and the main reason why you should use this platform is the possibility to receive various rewards. Of cou...

Why litecoin will be explode soon?

2 May 2020 1 minute read 3 comments Kavi

    There are so many positive news related crypto,hovering in the news and blogging platform .the hottest news so far is bitcoin halving which is trending everywhere but have you noticed about Litecoin?  Litecoin is next exploding coin in the marke...

What is Maker (MKR)? How it works?

2 May 2020 1 minute read 4 comments PrisonedBus9641

Maker is a decentralized autonomous organization (DAO) based on the Ethereum Network. Moreover Maker (MKR) is a currency encryption platform in the Ethereum blockchain that sells Dai tokens and tries to minimize their volatility. The smart contract p...

Sites I work on to get cryptos #1

8 May 2020 4 minute read 0 comments nanoflowerdemon

You know the drill, you know the grind. If you're a crypto noob like me then you probably visited many PTC sites, faucets, GPT programs etc. I'm aware that it's not an optimal way of making money but if you're getting started with crypto and you just...

Litecoin and Atari Announced Partnership

20 May 2020 1 minute read 3 comments Mamaecrypto

I am always excited when Litecoin has an Announcement, and today the Litecoin Foundation blew my mind when they revealed the news of their partnership with ATARI. If you are a child of the 80's, you not only remember this pioneer Game Console (yep th...

Bitcoin dropped pre halvening

10 May 2020 1 minute read 0 comments bitcoindelight

1d and 17 hours away from the next Bitcoin halving and today we experienced already a decent drop in Bitcoin. Market cap. went down nearly 12% as Bitcoin and Ethereum both dropped within the 11 -12% range. Litecoin dropped more than 14% and gains f...

My favorite staking projects / Get more passive income

6 May 2020 1 minute read 2 comments Jakonfire

My favorite staking projects / Get more passive income Staking is becoming more and more popular as a way to get passive income. DeFi is also increasingly becoming the focus of the masses and institutions. While the returns on bank accounts continue...