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.


The easiest guide to earn BTC, DOGE, LTC, BCH and DASH

1 Aug 2020 8 minute read 22 comments Roberto D.

Many people in the comments to my articles have always advised me to use CoinPot. Its operation is particular compared to other faucets in that the CoinPot.co site serves to see the aggregated earnings of all the faucets (faucets that will pay you di...

Litecoin Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 9 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...

Why Blockfi Is My Top Choice For Interest Bearing Accounts

12 Jul 2020 2 minute read 7 comments Sapphire

The First Prize Of Crypto Being in Crypto, one is aware of the reality that holding Crypto is probably the single most powerful investment strategy going into the future. Many of us, myself included, trade the short-term movements and price action. H...

Taken a record amount of BTC from exchanges

13 Jul 2020 2 minute read 6 comments Roberto D.

On July 8, an annual record was broken for the number of Bitcoins (BTC) removed from the exchanges: Coinbase at the top of the ranking of prelievicon with a net outflow of well 20,787 BTC: more than all exchanges overall. What does this mean, a bulli...

Mommin' It Monday - Episode 9

26 Jul 2020 1 minute read 0 comments Mamaecrypto

Hi everyone! We were back with a newly structured episode of Mommin' It Mondays recorded last Sunday in 4 - 12 minutes segments for Lisa's NEW NORMAL daily show. Lisa's New Normal Show is pretty awesome and encompasses a variety of weekly guests dis...

DER CARDANO Effect: Cross Chain Communications & SC Managed Power Project Funding & Returns

27 Jul 2020 3 minute read 7 comments thunderboltkid

No this is not a German language mistake. ;) #DER = "Distributed Energy Resource", the tech on which I work during one of my three contracted  daytime efforts. #CARDANO Strikes Again!: "Internet of Blockchains" Reloaded Charles Hoskinson's "CH" late...

Strangest things used for mining cryptocurrency

12 Jul 2020 1 minute read 9 comments yanis

Cryptocurrency is often mined with GPUs and ASICs, but there isn't only this way for mining coins. In this article, I will talk about strangest ways found for mining crypto   Let's GO !     1 - EVM Ethereum Virtual Machine is (easy to find) the engin...

Why You Should Not Join Any Paid Trading Groups

28 Jul 2020 3 minute read 10 comments Tikyi Khant

Hello everyone,today I want to give some insights on why we should not spend a single penny on Paid Groups.I know you want to speak and complain once you saw the title. 1.So first of all,I understand not everyone of us can analyse the coin's price/ch...

Cryptographic Alternatives Season on the Horizon

25 Jul 2020 1 minute read 2 comments alquimista1501

From March 2020 to date an interesting behavior has been seen in some of the altcoins beyond Bitcoin and its expected bullrun, several of the alternative calls have registered not only interesting movements but are supported by clear fundamentals tha...

1001 kinds of scams

11 Jul 2020 1 minute read 5 comments yanis

There are many scams. Just see the "visit" for new bitcoiners "on right, you can see the carlos matos meme, he looks like a good joke but he stole millions" So, it is the beginning of this article about kinds of scams   1 - HYIP, classic model We can...