Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

1,210 Articles 2373 Followers

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.

Coinpot Challenge Day 19 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

10 Jun 2020 1 minute read 0 comments Zemiatin

Hey guys. This is day 19 of my coinpot challenge. Like I said yesterday I am a little busy at the moment but I decided that I should keep on posting because consistency it's important. Doing this update from the phone again. Anyway, this is how my co...

LTC, BNB and ADA cryptocurrency trend

10 Jun 2020 1 minute read 4 comments CryptoChemistry

  Cardano (ADA), with an impressive revaluation in recent days, thanks to the excellent development environment that its chain is experiencing, and with a fixed date for the launch of its next update, known as Shelley. Meanwhile, BNB and LTC have kep...

Litecoin's Mimblewimble Privacy Feature Will Be On Testnet By September 2020

10 Jun 2020 1 minute read 1 comment Crypto Alphabet

David Burkett, the developer responsible for implementing Mimblewimble on Litecoin, has published an update on the project. In his May entry, he revealed that the project is still under development, but getting close to a working version. "Blocks wi...

How to make money with cryptocurrencies

9 Jun 2020 1 minute read 4 comments yanis

Many people (like me) says that cryptocurrency is "money of future". They also say we can make many money with. But how ?   1 - Trading Trading is a very known activity. It's very profitable, but also very riskful. skill : medium profit : high risk...

Bitcoin halving - which effects ?

9 Jun 2020 1 minute read 1 comment yanis

Everyone knows it, halving happened on 11th may. But what were its real effects ?   1 - Problems for miners Miners who had unefficient machines or expensive energy weren't longer profitable.   2 - A free "Ad" for bitcoin When the halving happens, all...

TradeKax Exchange (TKX) 2nd Round - Cryptocurrency derivatives Exchange registered in England.

9 Jun 2020 1 minute read 3 comments FreedomBuilder

💸 Reward: Receive up to 1000 TKX ≈ 5$, and 400 TKX ≈ 2$ for each referral. 📈 Create a new account on TradeKax Exchange.📌 My Referral ID: adaminssane364 ✈️ Start TradeKax Airdrop Bot. ⚡️ Airdrop Tasks:📌 Start Telegram Airdrop Bot.📌 Register on TradeKa...

Coinpot Challenge Day 36 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

9 Jun 2020 1 minute read 6 comments Zemiatin

Hello guys and welcome to day 36 of my coinpot challenge.   The claims have been kinda low the last couple of days becaue the 3 of the faucets ( MoonDoge, MoonLitecoin and Moonbitcoin) are still in maintenance. Still, I managed to earn a few satoshis...

Apollo Fintech Product - Gold Secured Currency (GSX) Giveaway.

8 Jun 2020 1 minute read 1 comment FreedomBuilder

🎁 Reward: Receive up to 200 GSX ≈ $60 , for easy social media tasks. ✅ Visit Apollo Airdrop Form. 🔑 Tasks:📌 Follow Apollo on Telegram Group & Channel. (100 GSX)📌 Follow Apollo on Twitter page. (50 GSX)📌 Follow their CEO on Twitter. (50 GSX) 🌀 Submit...

Ducatus Proprety develops the sale of real estate using cryptocurrencies.

8 Jun 2020 1 minute read 0 comments Galaxie Crypto

Ducatus Proprety offers luxury houses, villas or apartments for sale all over the world. What makes this sale so special? You can pay for these properties through Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, USDC or through its Ducatus Coin. T...

Bitrue Enhances Its Crypto-Backed Loan Offerings with Improved Interest Rates for EOS, LTC & BCH

8 Jun 2020 3 minute read 1 comment Crypto Adventure

Leading financial services platform Bitrue announced their intentions to adjust the interest rates of EOS, LTC and BCH in their Power Piggy program to a baseline of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC.  Bitrue exchang...