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.

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...

Lite Coin (LTC) Has Formed Bullish Shark Pattern A Good Long Opportunity On Short Term 2 hr Chart

30 Dec 2019 1 minute read 1 comment moon333

Priceline of world's 6th largest cryptocurrency Lite Coin (LTC) has formed bullish Shark pattern and entered in potential reversal zone. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone....

Why you shouldn't gamble with crypto or cash

30 Dec 2019 1 minute read 2 comments martintibor40

1. It's risky 2. It creates financial crisis for yourself 3. It's addictive 4. You're not lucky like James Bond to pull off that trick 5. Don't expect youtube tutorials to work 6. Might be illegal in your country (it depends on) 7. It's not a job 8....

How to make a profit with any cryptocurrency

30 Dec 2019 1 minute read 2 comments martintibor40

Step 1. Pick a cryptocurrency First of all you need to find a digital commodity that is your target , when you have that make sure you read kind of exchanges going around of any exchanging platform for example (BTC-USD , LTC-BTC , ETH-BTC etc.) this...

Best Crypto Trading Simulation/Training Website

30 Dec 2019 1 minute read 0 comments martintibor40

Trading crypto currency is quite skill based but this website can help you shaping your abilities to make decisions plus you will start with 10.000 USD on demo account without any registering. The goal is to just make profit either by buy or selling...