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.


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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...

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10 Jun 2020 1 minute read 4 comments CryptoChemistry

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10 Jun 2020 1 minute read 1 comment Crypto Alphabet

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9 Jun 2020 1 minute read 4 comments yanis

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9 Jun 2020 1 minute read 1 comment yanis

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

9 Jun 2020 1 minute read 3 comments FreedomBuilder

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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

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

8 Jun 2020 1 minute read 1 comment FreedomBuilder

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Ducatus Proprety develops the sale of real estate using cryptocurrencies.

8 Jun 2020 1 minute read 0 comments Galaxie Crypto

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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...