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.

Convert the steps into crypto

15 Jun 2020 3 minute read 8 comments Roberto D.

In this guide we will talk about Stepdrop, the Italian app (for once, someone in my country does something about cryptocurrencies, I'm excited.) The "Young Platform" Stepdrop app is an app that pays you in the form of digital tokens (YNG) for every s...

Coinpot Challenge Day 43 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

15 Jun 2020 1 minute read 4 comments Zemiatin

Hello guys and welcome to day 43 of my coinpot challenge. Bitcoin is trading at aproximatelly 9.400$ which is not that great for my $ earnings. But like I said, I care more about satoshis than $ at this point. Here is how my earnings look today: And...

New Dawn For Adoption: Litecoin (LTC) Trading Finally Kicks Off On LocalCryptos

15 Jun 2020 1 minute read 6 comments Nick J

For years, the top cryptos have struggled to go mainstream, but with time, the obstacles seem to be fallen on the sides. Bitcoin was the first to be traded on a peer-to-peer (P2P) network that saw people trade direct with each other without involving...

Cryptocurrency Updates - 15/06/2020

15 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Discontinuation of BTT Airdrop for TRX Holders on Binance   As per BTT Announcing BTT Airdrop is over to TRX Holder         Ethereum Weekly News   Ethereum News for last week    News Highlights ETH1 ETH2 Layer2 Job Listings Housekeeping Dat...

Litecoin Added to LocalCryptos P2P Exchange - Is Dash to be Next?

15 Jun 2020 3 minute read 12 comments Bragato18

It was February 2020, the world was still spinning on its axis. LocalCryptos was running a competition, where users got to vote for their favourite cryptocurrency to be the next added to the P2P marketplace. At the time the P2P marketplace was only s...

The Reign of Bitcoin and its advantages

15 Jun 2020 2 minute read 1 comment Mabla

There are a lot of crypto currencies new and old but Bitcoin has become the stronghold of them all. It might fall sometimes but it always go up as people tend to prefer it more to fiat money and newly introduced crypto coins as some of them don’t mak...

Top 5 cryptocurrencies that have grown the most since birth.

14 Jun 2020 2 minute read 7 comments Argentum

  Bitcoin (BTC): It is the first cryptocurrency in the world, its open source technology allowed anyone in the world to have their own Bitcoin in their possession if they wanted to. It is thanks to this that we have more than 2,400 cryptocurrencies s...

Coinpot Challenge Day 42 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

14 Jun 2020 1 minute read 1 comment Zemiatin

Hey guys and welcome to day 42 of my Coinpot challenge. This is how my earnings look today: And this is how my earnings looked yesterday: Now, let's convert what we have today to $: BTC           0.00036767       =              3.47$ (I also ad...

Is scam?

14 Jun 2020 1 minute read 4 comments Mattianazionale

Indigo Coin is a site that allows you to mine 4 different cryptocurrencies: Bitcoin, Dogecoin, Litecoin and Monero. Indeed, for the service it offers, cloud mining, this site would have to be taken into consideration, in fact it allows you to start w...

Reason to choose Publish0x over other blogging platforms.

14 Jun 2020 2 minute read 0 comments Mabla

Blogging is another way of making online and there are a lot of blogging sites you can choose. You can choose what any field you want to blog about about crypto currencies, health and fitness, fashion and many others, but it’s not all bout blogg...