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.


Update 2: Cats cryptocurrency prediction experiment!

14 Apr 2019 1 minute read 0 comments Piet246

Update to see if my cat named Dikke Streep prediction has improved or not this week. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so far this year: 1. Lite...

Reducing the carbon footprint of Bitcoin mining

14 Apr 2019 2 minute read 0 comments Coinhound

The concern around the global impact of mining bitcoin and other cryptocurrencies has received a lot of press of late, China is even threatening to ban the mining of Bitcoin if the latest press is to be believed. Indeed, it is believed that the minin...

Update 1: Cats cryptocurrency prediction experiment versus machine learning

11 Apr 2019 1 minute read 8 comments Piet246

After my first experiment which can read below i have a new idea for an experiment. I want to let Machine Learning predict the price of BTC based on the data of CoinMarketCap. CoinMarketCap has a free API which you can use to import the data. On my w...

Cats cryptocurrency prediction experiment with #BTC #Doge #ETH #LTC #XRP

6 Apr 2019 1 minute read 15 comments Piet246

At the end of last year i had an idea to let my cat named Dikke Streep predict what would be the top performing crypto for 2019. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. These were: Bitcoin Dogecoin...

LTC GO TO $2K

28 Mar 2019 1 minute read 0 comments dominicorleone

Today I am reviewing the LTC movement for the next few years (just predicted, we will also have good or bad news in the next few years) It can be said to be in the area of ​​$ 2K, can be seen before, ltc is now in its uptrend and The uptrend used to...

Prediction of the Bitcoin price

9 Mar 2019 1 minute read 0 comments CEDCryptoCoin

Prediction price Bitcoinu Etherea and Litecoinu - video v češtině            If you have any questions, please contact us Join the Telegram Group - https://t.me/joinchat/AAAAAE8EKXRtCiGIUWhcRwSign up for our discord - https://discord.gg/TvgNFspFollo...

Broken...

6 Mar 2019 1 minute read 2 comments manzon

Good Day to everyone! Today, let me share to you some interesting part of my journey as a Christian. About being Broke! Are you totally devastated because you are broken?  The pain, the past experience, the ache that produces lot of emotion due to st...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Fourteen - Down 86%

1 Mar 2019 4 minute read 12 comments starthere

  The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalan...

Litecoin vs. Bitcoin Cash - Are they viable alternative payment networks?

13 Feb 2019 12 minute read 14 comments Owl Yoda

Satoshi Nakamoto, the enigmatic creator of Bitcoin, originally conceived the digital currency as a “peer-to-peer electronic cash system”. Over the years, the narrative has gradually shifted, and today Bitcoin is commonly regarded as a “store of value...

Litecoin will improve privacy in 2019

30 Jan 2019 1 minute read 1 comment Menda

Charlie Lee announced the addition of Confidential Transactions As more and more coins keep appearing on the markets, the succesfull existing ones must improve and evolve in order to keep its usability and adaptability.  Yesterday Chalie Lee announce...