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.

Review of the Bitmain AntRouter R3-LTC

16 Jan 2020 2 minute read 6 comments AverageVancouverite

The AntRouter R3-LTC Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 11.5 MH/s Chip: 6 x 28nm Bitmain BM1485 ASIC chips Power use: Under 25 Watts The Review: A significant improvement upon the original AntRouter R1, the...

Browse without ads wow

16 Jan 2020 1 minute read 1 comment lancelot7

Hi friends no doubt this is an airdrop which is one of my favorites because 2 reasons just using an app and referring it to new people we are commissioned after 30 days this is the first reason. Baixe o app Create link invitation htt...

The SEC launches an anathema against IEOs and informs US citizens of the risks of these tools

16 Jan 2020 1 minute read 0 comments Roberto D.

On Tuesday, January 14, the U.S. Securities and Exchange Commission (SEC) sent a warning from its Investor Education and Advocacy wing, urging citizens to be wary of initial exchange-managed coin offers (IEOs). More specifically, in the document in q...

Litecoin Foundation and BlockFi Partnership

16 Jan 2020 1 minute read 0 comments zogintl

Overview:  Good day everyone, the Litecoin Foundation has established a new partnership with Crypto lending and investing startup BlockFi. The Litecoin Foundation is a non-profit organization registered in Singapore with members around the globe who...

Last Night Was Too Crazy for Crypto Traders

16 Jan 2020 1 minute read 2 comments kingscrown

OMG so many coins going up like crazy just after 7 days of BTC pwning up. Binance running this among other asian based places. XZC pumped so much due to new exchange listning and this craze that you cannot get bootstraps of their site to sync wallets...

Litecoin: A Poem

16 Jan 2020 1 minute read 0 comments Luke9801

A silver coin There in the sand Will it jump up Into my hand   Could I get rich If I buy now Or will my thoughts Just cause a row   And while that coin Sits in by hand Singing songs Just like a band   I think about What it could be Just an algorithm...

Get 20 tokens for installing netbox

15 Jan 2020 1 minute read 6 comments lancelot7

Hello friends I am very interested to see the netbox NBX and the high levels it has low suply with this I believe that with the increasing popularity of the netbox browser your currency can be listed in higher volume exchanges like a digifinex, kucoi...

Review of the Antminer R1 LTC Router-Miner

15 Jan 2020 1 minute read 9 comments AverageVancouverite

The Antminer R1 LTC Router-Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 1.715 MH/s Chip: 28nm Bitmain BM1485 chip Power use: Under 5 Watts The Review: The Antminer R1 LTC Router-Miner is certainly an interesting...

China’s strict Social Credit System increases the need for Bitcoin in China

15 Jan 2020 1 minute read 0 comments

The Chinese government has gained full control over the country after implementing the Social Credit System. Because of this strict social credit system, people of China will less rely on fiat money and will move their attention to Bitcoin. The gover...

I recommended the Bitcoin SV right shot.

15 Jan 2020 1 minute read 3 comments lancelot7

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...