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.


Which one is more stable: Ripple (XRP) vs Tether (USDT)

14 hours ago 1 minute read 0 comments drmudpro

We all invest with different perspectives, targets and goals, and aims. So when we do so we take a look at what we are going to invest in before we jump in so that we know the risks involved, the benefits and non-benefits aswel and those factors will...

NowEx Exchange (NOW) - Top Trading Platform: Lower Fees + Secure + High Leverage + Top Technology

17 May 2020 1 minute read 0 comments FreedomBuilder

💲 Total Reward: Receive up to 5 USDT + 100 NOW - The faster you join, the higher the reward! ⚠️ Referral Rules: Fill in the Form with the Referral code or Ref link Below, and earn extra 20 NOW.👥 Ref Link: https://nowex.io/mobile/register.html?code=i...

FreeFaucet.io Review. Scam or Legit?

2 May 2020 1 minute read 2 comments TheShadowCrypto

So I'm back with a new website today and it's a good site which contains both Bitcoin and Altcoin faucet. So I've been working in this site for a while. So this site contains Coins Like: Bitcoin Brazio Veggie Buenos plusonecoin Ethereum Litecoin Dog...

What is Okex (OKB)? How Okex works?

8 May 2020 1 minute read 1 comment PrisonedBus9641

OK is an exchange that offers a large choice of cryptocurrencies, which is why many traders and investors are keen to use it. Initially Okex was founded by some expert technologists who had some ideas about cryptocurrencies, even if they were still l...

An easy way to make money from home at the time of the quarantine #3

22 Apr 2020 3 minute read 0 comments Roberto D.

Before I started talking to you about the new method that will not-make-you-get-rich-but-maybe-yes (hope is the last to die) I wanted to ask you how you are. I don't know the situation in your country but in mine, Italy, there has been quarantine for...

The Effects of Too much coin Supply?

21 May 2020 1 minute read 2 comments drmudpro

Now Crypto market seems to be dominating the world, there are more than 1000 different types of coins on the market right now. Companies go through ICO then after they go on IPO were they will be offering it tokens/coins to the public. Whenever a cry...

Bitpanda confirmed in live stream - stocks will be added before the end of this year | Bitpanda Launching in France

7 May 2020 1 minute read 0 comments Jakonfire

Bitpanda confirmed in live stream - stocks will be added before the end of this year | Bitpanda Launching in France   For me personally, it isn't that surprising because they mentioned it several times before, but this Livestream now can be seen as a...

Brave Users Now Receive $15 in FREE BTC When Signing Up for a New BlockFi Account

20 May 2020 1 minute read 0 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. Blockfi lets you put your crypto to work by earning you monthly interest p...

Storm-Play: An app to win Bitcoin, Ethereum, Litecoin and DAI with your cell phone

4 May 2020 1 minute read 0 comments trebol11

Storm Play, only works for Android phones and its operation is super simple. Just log in every 30 minutes to the app, watch a video, and collect your winnings.   Functioning: You only have to enter the section "Claim", and click where it says "500 bo...

Phoneum Cloud Earning Mobile App - Passive Crypto Rewards + Gaming Ecosystem . Payment Proof inside Post!!

21 May 2020 1 minute read 1 comment Airdrop Radar

phoneum is a true mobile-only cryptocurrency, designed to deliver a simplified user experience and platform that enables all users, regardless of technical aptitude, to fully participate in the new cryptocurrency economy.                            ...