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.


Different kinds of staking

7 Aug 2020 2 minute read 8 comments yanis

Staking is often presented as a miraculous thing that can earn us many. This approach is also used by scams (see my article sbout stakedwallet) for hiding their ponzi scheme. But, no one says what's really staking and different kinds of. disclaimer :...

5 Popular Ways to Invest Cryptocurrencies

7 Aug 2020 1 minute read 0 comments Huen

1. Margin trading with contracts to difference Advantages Does not require high capital Earn arbitrage when the market rises or falls with the possibility of shorting selling No need to own and hold cryptocurrency Defect Relatively high risk if the l...

What is nano (NANO) ?

6 Aug 2020 1 minute read 6 comments yanis

Nano is a cryptocurrency that's around 1$ (no, it isn't a stablecoin). It is sometimes presented as the new bitcoin, but, what is really NANO ?   Block-Lattice instead of blockchain The strangest thing of this crypto is that it doesn't use blockchai...

Cryptos and Games, a Unique Relationship

5 Aug 2020 1 minute read 1 comment alquimista1501

The latest Litecoin alliance has put me to investigate a little the synergy that the union between crytos and video games is having. Although what I am commenting on is nothing new, the association of Litecoin with Atari may confirm the advancement o...

Get into Bitcoin without volatility.

5 Aug 2020 1 minute read 0 comments RichKidCrypto

You always wanted to invest into Bitcoin but you where scared about losing money because of the volatility of the Bitcoin market? Well this might be a solution for you: With BlockFi it is possible to Earn interest on USD Deposits payed out in Crypto....

3 WTF things in the crypto world

4 Aug 2020 1 minute read 0 comments yanis

Hello bitcoiners   In the crypto, there isn't only bitcoin and ethereum. There are also projects that looks like jokes but all these projects really exist !   1 - Is it a ponzi ? Yes ! Is it proud of that ? Yes !!! Ponzi schemes aren't always hidden,...

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...

Coinpot Challenge Day 93- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

4 Aug 2020 1 minute read 7 comments Zemiatin

Hello guys and welcome to day 93 of my Coinpot Challenge. I have surpasses 0.001 BTC in earnings which is nice. Bellow you have the picture of how mmy earnings look at the time of writing this and how they looked in my last update (day 87) And now...

NOW IT'S TIME TO SELL ETHEREUM BITCOIN CASH AND BITCOIN

4 Aug 2020 1 minute read 5 comments Ahssan

Hi to all I hope all of you good and enjoying the publishox and my posts. I'm looking the price of crypto currency which are good for trading.  I think now it's time to sell your ethereum bitcoin cash and litecoin. Because now it's value will be down...

Discovering Rollercoin, mining gamification (and making real bitcoins)

3 Aug 2020 1 minute read 0 comments yanis

Hello bitcoiners,   If someone says that u can earn real bitcoins by playing mini-games, do u believe it ?  I say that because it's exactly what does rollercoin do.    General On this website, you will just have to play mini games (like 2048 or a "fl...