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 RETURN TO 7th POSITION ON COINMARKETCAP RANKING

3 weeks ago 1 minute read Otek

  Currently Litecoin return to 7th position ( by Market Cap) on top cryptocurrencies list according to Coinmarketcap ranking: CoinMarketCap ranking   As You Can see Litecoin with marketcap $4,225,785,660 overtook EOS which is at 8th position (with m...

PRICE PREDICTION; ETHERIUM AND LITECOIN PRICE TO REACH MAXIMUM HIGH

3 weeks ago 1 minute read Dominus1

ETH =184.58 LTC=69.5 Etherium and litecoin are on the bullish rise lately with Etherium currently trading at $184.58 at the time of writing whiles litecoin is trading at $69.5 dollars. The trend seems bullish and my clean conscience tells me that the...

Paypal and Bitcoin - to be controlled or to be free

6 days ago 1 minute read renabs94

Transaction control policies such as PayPal could push many people to use Bitcoin and other decentralized cryptocurrencies more and more. The fact is that, as Slate has revealed, such control policies are highly questionable and reveal that platforms...

Sell Your Stuff Online and Get Paid in Crypto! Heck ya!

2 weeks ago 1 minute read Autumn1962

It is the modern, updated version of Ebay. No paypal, no credit cards, no giving out your bank information to a third party. Those days are GONE I tell you! Good riddance.  I have been looking for a reason to leave Ebay for ohh  . . ten years?? Dont...

Is the Litecoin Mining Community ready to fund Litecoin Further development?

4 weeks ago 3 minute read Mamaecrypto

This morning of January 25th 2020, Charlie Lee creator of Litecoin raised a very interesting proposition on Twitter. One that evolves around funding. Talking about money is often a polemic topic and as expected he immediately received a lot of feedba...

Review of the Gridseed Blade SCRYPT Miner

3 weeks ago 1 minute read AverageVancouverite

The Gridseed Blade SCRYPT Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, Verge, etc.) Hashrate: Up to 5.2 MH/s Chip: 2 panels with 40 GC3355 Chips each (Totaling 80 chips) Power use: Under 150 Watts The Review: Released in 2014,...

Litecoin (LTC): Hodling or NOT hodling, this is the problem - Weekly Price Prediction

3 weeks ago 1 minute read Roberto D.

Litecoin: weekly market analysis (from January 25th to January 31st 2020 on BTC / LTC pair)   BTC / LTC hold or not hold, that's the problem In principle, I would be tempted to expect a retracement, even a rather heavy one, if only for a one month ti...

China Looking Ahead to Complete Sovereign Digital Currency Mission: DCEP Will Be Released Soon

2 weeks ago 2 minute read Tokenhell.com

Chinese Crypto – DCEP Some reports said that China would launch its Digital Currency/Electronic Payments (DCEP) in the month of November. A large domestic finance magazine named Caijing claimed that it would be released at the end of the year 2019 in...

AltBet and SimplePOSPool New Year's Giveaway! ($500 Leaderboard Competition + $500 Random Drawing)

2 weeks ago 1 minute read Crypto_MD

Altbet (ABET) - Website - Coinmarketcap & CoinGeckoSimplePOSPool - Website ____________________________________________________"Welcome to 2020! To celebrate we are doing a massive giveaway worth $1000. Enter below, and perform tasks for additional...

Install Electrum to manage your Bitcoin - Part 10 How to store your crypto

3 weeks ago 1 minute read bitcoindelight

Today, we are going to install a bitcoin wallet. By the end of this blog post, you will have your own bitcoin wallet and can see your bitcoin address. I can't believe we have reached part 10 of this series already after I have discussed basic questio...