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.

Price analysis 22, Feb Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

2 days ago 1 minute read haidernasir

Bitcoin, ethereum, XRP and BCH are on a downtrend, while litecoin is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,676.75 at 8:59 AM GMT +5, with a loss of -0.685596% in its price in the previous 24 hours....

Stakenet Facts and Giveaway!

1 week ago 1 minute read DaniBom

Stakenet ($XSN) will be commencing active efforts to promote facts about Stakenet to the public. As the launch of the Stakenet Wallet is near (a unique Lightning Network non-custodial multi-currency light wallet), and the first Stakenet decentralized...

Localcrypto needs the support of LTC community! [Voting has ended!]

1 week ago 1 minute read BiEskuLauHobe

Localcryptos is asking the community which of this three cryptos will be listed, LTC , EOS or DASH.   "We're bringing P2P to a third crypto. Decide which cryptocurrency will be listed next by casti...

Sunday Thoughts - hodl or trading? Follow the rules!

1 week ago 1 minute read renabs94

Better to trade or better to hold? This I think is the eternal question that every crypto owner takes, especially when there are strong price movements such as those of Thursday 13 February. A question that I have always asked myself and to which per...

What is EprofitHub?

1 week ago 1 minute read The Joker

The last Thursday I invested 100$ in EprofitHub. EprofitHub pays you 0.25% HOURLY for 60 days, so at the end of my investment I will get 360$ in BTC. As you can see in 4 days I already made two withdraw of 10$ that arrived instantly in my Exodus wal...

Review of the FutureBit Apollo Pod Miner

23 Jan 2020 1 minute read AverageVancouverite

The FutureBit Apollo Pod Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, Verge, etc.) Hashrate: Up to 135 MH/s Chip: 27 SCRYPT ASIC Chipc Power use: Under 200 Watts (Closer o 150 Watts) Controller: Quad-Core A7 ARM The Review: The...

Crypto Sports: Sports on the Blockchain

19 Jan 2020 4 minute read M87

Blockchain has been having impacts in many different industries such as medical, import/export, finance, gaming, etc. and the trend continues in sports. Sports leagues and franchises around the globe are joining the crypto revolution and adopting way...

Top 5 Altcoins to Invest in [2020] Updated

11 Jan 2020 2 minute read

Investors and traders become very conscious, when there is a right time to invest in any digital asset of cryptocurrency. Analysts remain updated about the trends and movements of different cryptocurrencies and publish their prediction about the pric...

Is Litecoin (LTC) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

17 Dec 2019 8 minute read CryptoBoomer

Investing in cryptocurrency is extremely risky, there’s no question about that.  They are volatile, experimental, highly speculative, and not widely adopted. The crypto space suffers from massive hacks, billion-dollar scams, manipulation, and critica...

The Best Cryptocurrencies to Invest in in 2020

8 Jan 2020 17 minute read bernardos

DISCLAIMER: This is a re-post of an article that I wrote for Atomic Wallet Academy. The original article can be found here A Cryptocurrency is a type of digital currency and payment system that doesn’t rely on the traditional payment networks we ha...