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.


Cryptocurrency Updates - 12/06/2020

12 Jun 2020 1 minute read 0 comments Gamer Boy1110

Ethereum Released Solidity Version 0.6.10 Bug Fixes: Compiler Features: Details & Update:     Binance.US Added Additional BTC Trading pairs Binance will started New Trading pairs for ADA & BTC From 11/06/2020, 9:00 AM EST/ 6:00 AM PST Links: ADA/BT...

What is Litecoin ( LTC )

12 Jun 2020 1 minute read 1 comment Snow Under Sun

The inventors of most cryptocurrencies are unknown, but in some projects, creators come to the fore. For example, Satoshi is a legendary name for Bitcoin. Vitalik Buterin has been identified with Ethereum. In Litecoin, this name is Charlie Lee. He is...

Coinpot Challenge Day 39 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

11 Jun 2020 1 minute read 3 comments Zemiatin

Hello guys and welcome to day 39 of my Coinpot challenge. The crypto market did not have a too much of a great day today, with Bitcoin going down 6% in the last 25 hours and trading at the moment for 9.300$. Anyway, I don't care about that much. Earn...

Litecoin May Introduce Limited Smart Contracts

11 Jun 2020 1 minute read 0 comments Crypto Alphabet

Charlie Lee, creator of Litecoin, suggests that the blockchain could add a feature called OP_CTV in its next update: For 0.20, we are exploring adding @JeremyRubin's CTV (CheckTemplateVerify) feature as a soft fork. Check out https://utxos.org I thi...

LITECOIN (LTC) Short Term Price Prediction

11 Jun 2020 1 minute read 0 comments skyislimit

Let's look at LTC /BTC Daily Chart  LTC is moving sideways long time between 0.0050 BTC and 0.0045 BTC range as you have seen it is indicated with yellow lines and it would really take some time and volume to push the price upper end of these lines. ...

Coinpot Challenge Day 38 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

10 Jun 2020 1 minute read 8 comments Zemiatin

Hey guys and welcome to day 38 of my coinpot challenge. Good news as the 3 faucets that were in maintenance for the last week or so are back so I can start claiming again from them and earn more. Anyway, this is how my Dashboard looks today: And thi...

Coinpot Challenge Day 19 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

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...

LTC, BNB and ADA cryptocurrency trend

10 Jun 2020 1 minute read 4 comments CryptoChemistry

  Cardano (ADA), with an impressive revaluation in recent days, thanks to the excellent development environment that its chain is experiencing, and with a fixed date for the launch of its next update, known as Shelley. Meanwhile, BNB and LTC have kep...

Litecoin's Mimblewimble Privacy Feature Will Be On Testnet By September 2020

10 Jun 2020 1 minute read 1 comment Crypto Alphabet

David Burkett, the developer responsible for implementing Mimblewimble on Litecoin, has published an update on the project. In his May entry, he revealed that the project is still under development, but getting close to a working version. "Blocks wi...

Bitcoin Aliens. Can these Apps earn you Crypto?

10 Jun 2020 2 minute read 1 comment Poorboycrypto

Quick answer Yes. Long answer yes, but not much! There are 5 apps that I know of that are made by Bitcoin Aliens.  1. Free Litecoin  2. Free Bitcoin Cash 3. Free Bitcoin 4. Alien Run 5. Blockchain These games are kind of fun and do have some appeal a...