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 appreciates over 20% at the beginning of the year

5 Jan 2020 1 minute read 0 comments abraomarcos

  Cryptocurrency Litecoin had a very complicated year 2019, both for its price and its fundamentals. However, now at the beginning of the year you can see signs that last year's negative trend is corrected with the currency having a rally of over 20...

Litecoin (LTC): Bear or Bull? - Price Prediction

3 Jan 2020 1 minute read 0 comments Roberto D.

Litecoin: weekly market analysis (from December 28th to January 3rd 2020 on BTC / LTC pair)   As it turned out, therefore, we can only wait to see if the price will mark a new low, which I personally consider the most likely scenario, or if the curre...

Litecoin Developer Confirms Mimblewimble’s Development Has Already Started

2 Jan 2020 1 minute read 1 comment congtubac

Litecoin (LTC) developers are already working on the Mimblewimble implementation to provide privacy to users in the network. According to David Burkett, the main developer behind this project informed that after months of planning, the current develo...

Orchid Coin is a Broken Idea Doomed to Fail

2 Jan 2020 2 minute read 19 comments LeftAntiPC

Coinbase recently introduced a free way to earn $12 of a new altcoin called Orchid (OXT). This was a really cool opportunity to take advantage of, and it simply involved watching three short videos (about 3 mins each) and answering one easy quiz ques...

The 5 best and safest wallets for Bitcoin, Ripple and other cryptocoins

1 Jan 2020 2 minute read 3 comments DoRi

Image source One of the most important decisions you have to make when working with Bitcoins or other cryptocurrency is which and what kind of wallet you are going to use. There are several options, one of which is a bit more secure than the other. T...

Litecoin is investing $72,000 on ‘Confidential Transactions’

1 Jan 2020 1 minute read 1 comment

The Mimblewimble blockchain-based project of Litecoin is under the development process and will take some time to come in practical shape for the users’ usage. The developer behind the project named David Burkett is working on this from months. The p...

Litecoin: The Silver To Bitcoin

1 Jan 2020 2 minute read 5 comments M87

Since the inception of Bitcoin, there have been countless Alt-Coins that hit the market to compete with the #1 coin. One of the early Alt-Coin being Litecoin (LTC). Brief Background Litecoin was created by computer scientist Charlie Lee. While workin...

Trade Bittrex and Upbit without KYC, AML or any Documents Check

1 Jan 2020 1 minute read 1 comment kingscrown

Bittrex shares books with Upbit - they both are huge exchanges yet both need full KYC, AML - documents verification. Some people may have issues to pass it or do not want to do it. Bittrex started as no KYC exchange so i can understand that. Sure yo...

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis (Shorter Version)

31 Dec 2019 1 minute read 2 comments martintibor40

I've found the best price analysis on the world and here's how it sounds : ( Disclaimer: The following content isn't plagiarized, it's under fair use, credit to Cointelegraph for their excellent source   Bitcoin futures trading volu...

Do you have cryptocoins like Bitcoin? Then these are your five good intentions for 2020

30 Dec 2019 2 minute read 0 comments DoRi

Image source This year a lot of people started buying cryptocurrency. However, there is much more to it than most people realize. If you have indeed just started buying digital currencies, such as Bitcoin or Litecoin, we have five good intentions for...