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.


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...

ONLINE MINING SITES THAT GENUINELY PAYS - PART 1 (SCREENSHOT ADDED)

8 May 2020 1 minute read 6 comments Khan Fahad

There are lot of mining sites available for you, as per your investment plan,and needs. But I genuinely believe investing in something that doesn't assure you return is foolishness. I believe, one should never pay for any service on internet, until a...

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...

Chain Clash Join And Get Your Free Avatar Now !!!! 800(EOS) Prize Pool ,Play To Win Daily EOS Rewards .Proof inside Post

20 May 2020 1 minute read 1 comment Airdrop Radar

Chain Clash is a mobile fighting game on the EOS platform that combines Tekken, Pokemon, and the Twitter crypto influencers altogether. Players can choose and own their avatars and fight against others in real-time battles. Build a collection of avat...

What is the future for cryptocurrency exchanges?

1 May 2020 1 minute read 3 comments Jumble

Today, you can buy, sell, or swap different cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) on a cryptocurrency exchange. Each year, cryptocurrency exchanges earn billions of dollars from trading commissions and w...

Most Genuine Telegram Bots that Actually pays you (With Payment proof) - Part 1

6 May 2020 1 minute read 2 comments Khan Fahad

Nowadays, Telegram has got lot of bots, to do lots of work, even to do some tasks and earn crypto's But there are more fake bots,than legit bots out there, even I have been into two to three fake bots that took months to reach the Cap of WITHDRAWAL a...

Crypto Market Crash!

10 May 2020 1 minute read 1 comment trebol11

The bitcoin's price  is falling around a 12% after hitting the $10.000 USD barrier. This event brings much uncertainty to the market, three days after the "Halving", and shows that the confidence in BTC is maybe wavering a little bit. Many expect...

What is Tether Gold (XAUT)? How it works?

3 May 2020 1 minute read 0 comments PrisonedBus9641

Tether Gold (XAUT) is an ERC20 token based on the Ethereum blockchain and at the same time it is a TRC20 token based on the TRON blockchain, so it can be transferred in P2P mode to and from any Ethereum or Tron address.   Each XAU ₮ token represents...