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.


How to sell HEX easily and grab some if you havent

7 May 2020 1 minute read 0 comments kingscrown

This is unique info that i have seen a lot of people don't know about and seek online. So here is my guide. To the point with not overwriting - as usual. HEX is doing crazy moves since some time, and if you don't want to buy it, you can claim some wi...

Current Litecoin Technical Analysis: Expectations and Price Predictions

5 May 2020 2 minute read 0 comments kazandiran

  05.05.2020 (Tuesday) Litecoin technical analysis: Litecoin bulls continue to resist! Litecoin encountered a strong bear defense on the $ 50,0351 resistance it attempted to cross on May 3. This indicates that LTC bears aggressively defended the main...

Trump hack update

20 May 2020 1 minute read 0 comments Thingsyousee

The hackers who claimed to have found a ton of dirty laundry on Trump has made a post on there darknet site.   FBI has stated that this hack is considered an act of international terrorism and that negotiating with or paying ransom to terrorists is...

Most of the listed trade volume for cryptocurrencies is fake!

28 Apr 2020 1 minute read 0 comments Jumble

It is accepted that many exchanges do “wash trades” to increase trade volume. Wikipedia defines a “wash trade” as: This may be done for a number of reasons: to show that a cryptocurrency has a large demand to attract traders to the exchange. The w...

A BTC Rally for $10,000 Minimum

9 May 2020 1 minute read 4 comments Thomas Wolf

Crypto as a whole is doing so wonderful with Bitcoin having made more than a complete recovery and breaking $10,000.  I am in a full bull rally for Bitcoin to keep it moving; though I must note that BAT is having a major increase during the recent BT...

Litecoin-LTC, Basic information. |2020|

9 May 2020 2 minute read 0 comments NikiSam15

Litecoin (signo sign, abbreviation LTC) is a cryptocurrency and open source software project published under the MIT license inspired and relatively technically identical to Bitcoin. Its creation and transfer is based on a cryptographic protocol not...

Coinpot Challenge Day 12- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

16 May 2020 1 minute read 3 comments Zemiatin

Hello guys. This is day 12 of my Coinpot challenge. And this is how my earnings look today: More than 10 Dogecoins finally, hehe :D Anyway, and this is how it looked yesterday in terms of dollars: Now let's covert what we have today in terms of $:...

Bitcoin's next move and correlation to the stock market

13 May 2020 1 minute read 0 comments bitcoindelight

It seems a lot of people waiting for the next big move of the Bitcoin price - either to the down or upside. Majority of people are anticipating the post halvening price drop but so far BTC has even found some support and is currently being traded clo...

Brave Users Earn $15 in BTC When Opening a New BlockFi Account!

16 May 2020 1 minute read 6 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. Blockfi lets you put your crypto to work by earning you monthly interest pa...

Pay up to 90% Less to buy Bitcoin

13 May 2020 1 minute read 1 comment kingscrown

One of exchanges that my readers should already be aware of Coinex is running a cool promotion because of Bitcoin Block Halving. You will be able to buy BTC with up to 90% discount depending on some factors and if you complete some tasks. Of course...