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.


A Brief Introduction to BlockFi - Earn Passive Income With Your Cryptocurrency

10 Jul 2020 1 minute read 1 comment WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. BlockFi lets you put your crypto to work by earning you monthly interest pa...

Mommin' It Monday - Episode #7

10 Jul 2020 1 minute read 0 comments Mamaecrypto

Mommin' it Mondays episode was just warming up today when I unfortunately experienced some technical issues in my end. Sadly my connection was interrupted at around 25 minutes of stream and unfortunately I was unable to get back to the stream in time...

What will happen to the crypto world from today to 2025?

9 Jul 2020 3 minute read 13 comments Roberto D.

A new study goes back to talking about cryptocurrency growth forecasts. According to a Crypto Research Report, Bitcoin could reach $ 20,000 by the end of 2020, but this time the analysis is not based on technical analysis, but on fundamental analysis...

GokuMarket Exchange (GMC) - Multi-Currency Wallet, Fiat To Crypto.

9 Jul 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive 10 GMC ≈ $5 for simple social tasks. 🌟 Register at GokuMarket Exchange. 👉 Start the GokuMarket Telegram Airdrop Bot. 💎 Airdrop Rules:📌 Register at GokuMarket, Confirm your E-mail & Complete your KYC verification.📌 Join on Te...

The Founders of Cardano and Litecoin Discuss a Cross-Chain Project

9 Jul 2020 1 minute read 1 comment PassionCryptodotcom

At the initiative of Charles Hoskinson, Cardano and Litecoin could work together to implement a joint project. Although there are still no details on the objective of possible cooperation. However, if the crypto-community assumptions are correct, co...

Cardano and Litecoin founders discuss cross-chain collaboration

8 Jul 2020 1 minute read 2 comments deleted00024

While global companies have been shaken by the effects of the ongoing pandemic, developments in the crypto space are flourishing. And if everything goes well, the community could soon see a Cardano-Litecoin branded product or project. ADA-LTC shake H...

The Litecoin (LTC) Is Coming Back | Look At This Bullish Reversal Pattern

8 Jul 2020 1 minute read 2 comments moon333

Hey guys and gals hope you are doing well and welcome to the new update on Litecoin. In my previous post I was expecting that the price action has completed the final leg of bullish BAT pattern. But the final leg retraced little bit more down up to 1...

The creators of Cardano and Litecoin agreed on a possible joint project

8 Jul 2020 1 minute read 0 comments Kluma

The founder of the Cardano blockchain project, Charles Hoskinson, invited the creator of the Litecoin cryptocurrency, Charlie Lee, to work on a joint project. Hoskinson stated that he “likes the idea of ​​testing cross-chain communications between L...

Coinpot Challenge Day 66- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

8 Jul 2020 1 minute read 1 comment Zemiatin

Hey guys and welcome to day 66 of my coinpot challenge. Here is how my earnings look today and how they looked 3 days ago in my last update: Now, let's convert what we have today in $: BTC           0.00068569          =                    6.37$...

Coinex Exchange - Event Listing AYA

6 Jul 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: 50.000 AYA shared between participants. ✈️ Create an account at Coinex.👍 Referral Code: s2brg 🔶 Airdrop Rules:📌 Register at CoinEx with your E-mail.📌 Confirm your E-mail.📌 Set 2FA Google Authenticator.📌 Share AYA Poster to divide 50.0...