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.


Crypto Accepted Here - Bumper stickers

1 week ago 1 minute read Mamaecrypto

If you own a shop, office or work off your vehicle... Now is a good time to let your costumers know that you accept cryptocurrencies with this cool selection of Crypto Accepted Here Bumper Stickers. Perfect for the window, check out area or your auto...

Gamble with DuckDice - basic, but fun

2 weeks ago 8 minute read renabs94

DuckDice is a provably fair dice site established in the end of 2016. DuckDice is a traditional Bitcoin dice site, meaning that it has only few games with quite basic graphical content. You can play with 12 cryptocurrencies: Bitcoin (BTC), Ethereum (...

TRX Forecast: stability and deceleration with multiple points of purchase

3 weeks ago 1 minute read matim10

I saw in several places that the TRX will reach 500% of appreciation in 2 years. It is very viable, stable currency, multiple uses, present in gambling and various games. Low fees, and that old story of stability vs. volume well adapted. The truth is...

Earn BTC with EprofitHub

4 days ago 1 minute read The Joker

Hi guys a quick update on EprofitHub. If you don't know the platform you can read my first post here: https://www.publish0x.com/earn-crypto-2/some-proof-of-payment-from-eprofithub To make it simple, EprofitHub pays you 0.25% HOURLY of your deposit fo...

Review of the Antminer R1 LTC Router-Miner

15 Jan 2020 1 minute read AverageVancouverite

The Antminer R1 LTC Router-Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 1.715 MH/s Chip: 28nm Bitmain BM1485 chip Power use: Under 5 Watts The Review: The Antminer R1 LTC Router-Miner is certainly an interesting...

Step by Step Comparison Guide: XRP Vs Litecoin

23 Dec 2019 6 minute read cam_elica_24

In this XRP vs Litecoin guide, CoinFalcon delves deeper into these two crypto heavyweights and see how they differ with each other. XRP and Litecoin are among the top six coins in the world by market capitalization. Image Source: Crypto Runner While...

Strategic partnership between TRON and Litecoin? Charlie Lee and Justin Sun spotted together and rumors travel the world

4 weeks ago 2 minute read Roberto D.

To kick off the rumors was a banal photo that portrays Justin Sun (CEO of TRON) and Charlie Lee (founder of Litecoin) together; subsequently it was Sun himself who confirmed that he had the opportunity to confront Charlie Lee, declaring that he had u...

Gamble with Sportsbet.io - a small sports betting and Casino

3 weeks ago 3 minute read renabs94

Sportsbet.io is a cryptocurrency betting site and casino founded in 2016. The site is part of the Coingaming Group, which runs also the cryptocurrency casino Bitcasino.io. There are also quite significant amount of casino games available: total of 21...

Biggest flaw using a Ledger (hardware wallet) - part 6 How to store your crypto

3 weeks ago 1 minute read bitcoindelight

I started to talk about the main differentiator between a software and hardware wallet in the last part. Additionally, I covered why people have lost crypto in the past. Today I want to add some more value to the topic.   If you haven’t read the prev...

Haven a new decentralized mobile app that will allow users to chat and create their marketplace in a complete privacy focused environment.

4 weeks ago 1 minute read alberdioni8406

The Haven mobile app is brought to us by the Blockchain startup behind the openbazaar, the OB1, and it's a privacy focused application that will make everyone interact as a social network, sell your stuffs, building your own stores and making purchas...