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.


Litecoin: what it is

16 Feb 2020 2 minute read 0 comments PupazzoInnevato

Litecoin is the most famous cryptocurrency ever after Bitcoin. Litecoin is a peer-to-peer cryptocurrency that has taken a lot of inspiration from Bitcoin. Litecoin (LTC) is therefore a peer-to-peer cryptocurrency and open source software that has bee...

Sunday Thoughts - hodl or trading? Follow the rules!

16 Feb 2020 1 minute read 0 comments renabs94

Better to trade or better to hold? This I think is the eternal question that every crypto owner takes, especially when there are strong price movements such as those of Thursday 13 February. A question that I have always asked myself and to which per...

Localcrypto needs the support of LTC community! [Voting has ended!]

15 Feb 2020 1 minute read 0 comments BiEskuLauHobe

Localcryptos is asking the community which of this three cryptos will be listed, LTC , EOS or DASH.   https://localcryptos.com/vote-for-the-third-crypto   "We're bringing P2P to a third crypto. Decide which cryptocurrency will be listed next by casti...

Review of the Gekkoscience 7 Port USB 2.0 Hub

15 Feb 2020 2 minute read 12 comments AverageVancouverite

The Gekkoscience 7-Port USB 2.0 Hub Spec: 7 X USB 2.0 ports (Can run 7 miners at once) + 1 X USB (Power Only) Power supply NOT included (Need a 12V 10A Power Supply Unit) USBs supported: Gekkoscience 2Pac, Gekkoscience NEWPAC, TTBit Stick Miner, Fu...

XRP On The Move

14 Feb 2020 1 minute read 1 comment cryptojourney

Since My last post things are definitely getting interesting no matter what crypto coin(s) you have. Personally, most of my limited portfolio is holding up well to date. With the lone exception of a few dollars invested in Nano that I wasn't able to...

Gamble with 22Bet - a mix of all

14 Feb 2020 3 minute read 0 comments renabs94

22Bet is a betting site and online casino founded in 2017. The site is located in Cyprus, runs by Marikit Holdings Ltd, and has a Curacao gambling license. 22Bet Home Page.   1. General overview 22Bet is a betting site and online casino founded in 2...

LTC Retest MA50

14 Feb 2020 1 minute read 3 comments Betsy Malone

TradingView Chart LTC Hey guys, short post here with my latest idea.  If LTC has a short pullback then watch for MA21 69.96 and .382 at 65.98. If it breaks MA21, then this 5th wave completion is ready to retest MA50 at 62.39 or bounce somewhere arou...

Travel with: Litecoin LTC - part 2

12 Feb 2020 2 minute read 2 comments renabs94

After the first part of this article, here we are finally in the second part, where we will continue to discover new sites to visit our holidays with Litecoin. In this article there will be a longer and more complete list, with also a site to book ra...

Litecoin Giving This Strong Bullish Signal After 3 Years Made Me Amazed | A Complete Long Term Analysis On LTC 2020

12 Feb 2020 3 minute read 4 comments moon333

After hitting the highest price $370 in Dec 2019 the price action of Litecoin is facing strong bearish trend on long term chart. The situation went more disastrous when the price action dropped more than 0.786 Fibonacci and there was rumored among th...

New Stuff Added on Binance That You Should be Aware Of

12 Feb 2020 1 minute read 3 comments kingscrown

The fastest-growing in the world exchange - Binance added new stuff today and in the last days that I think every crypto trader should not miss. Weekly Altcoin Price Fluctuation Ranking They got aware many people dont get history or how to read chart...