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 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...

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...

I recommended the Bitcoin SV right shot.

15 Jan 2020 1 minute read lancelot7

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...

Review of the TTBit L1 LTC USB Miner

12 Jan 2020 2 minute read AverageVancouverite

The TTBit L1 LTC USB Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 3.5 - 5 MH/s (Stock setting: About 3.5MH/s) Chip: 28nm SCRYPT ASIC Power use: Under 10 watts The Review: The TTBit LTC1 USB Miner is essentially...

Litecoin hits 99997,9 USD per coin ATH!

14 May 2019 1 minute read kingscrown

This is not a joke and not from some illiquid exchange.This happened today on Binance at LTC/PAX pair. Keep in mind withdrawals from Binance are closed until todays maitenance that will take 5-6 hours. Sick things may be happening till then. So now...

Taxes on The Blockchain: Litecoin and Bitcoin Cash

4 weeks ago 2 minute read M87

As development continues for blockchain projects, it can get costly to bring new features and many are looking for more ways to fund their development. Normally there would be independent corporate donors/investors but that is looking to change in th...

LTC overview for today: Close all open positions.

4 weeks ago 1 minute read MadMaxx

Welcome to the first post in this series! In this series, I'll pick apart a certain Cryptocurrency and it's daily chart. Then I'll tell you what I think, and if I'd personally enter a trade or not. Oh, and these will all be cryptocurrencies I own. I...

High Hopes For Bitcoin, Ethereum, Litecoin, BCH, As They Kick Off The Week With Strong Bullish Action

4 weeks ago 1 minute read zogintl

With the crypto market ending on a low note last week, the strong green bars on Monday morning have rejuvenated the dimming hopes on most crypto investors. Almost all crypto assets led by Bitcoin, have shown early signs of recovering from last week’s...

Should you use trading bots?

3 weeks ago 2 minute read MadMaxx

Trading bots are old news right now. Old news in the sense that they have been existing for quite a while now. And while trading bots were created to be perfect, they are usually anything but. Want to find out more, and if you should use them? Stick...