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.


Litecoin Now Part of Wanchain's Decentralized Infrastructure

23 Jun 2021 2 minute read 2 comments Edward Moon

The decentralized finance [DeFi] market, according to existing records and statistics, is one of the fastest-growing spaces in the crypto industry. Worth over $85 billion at the time of writing, DeFi has been described as a boon to the crypto market....

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

Splinterlands: Linking Your Crypto Wallets/Currencies Accepted

22 Jun 2020 2 minute read 0 comments Chris Roberts

Welcome back to Splinterlands! TLDR -Splinterlands accepts payment in many different forms.-Many types of external wallets can be linked, including ETH, LTC, WAX, BTC and BCH. When it comes to making digital assets, NFTs and cryptocurrency easy to...

Legit Crypto Telegram Bots 2020 (With Proof of Payments)

7 Mar 2020 3 minute read 2 comments Eili

Do you have telegram? If yes, then you need to try these paying crypto telegram bots! I have stumbled upon these crypto bots on telegram last year and it made me curious if these are legit so I've tried using it for a day. The creator have 5 bots but...

DeFi & The Altcoin "Season" - What's Next?

29 Aug 2020 4 minute read 27 comments Thomas Wolf

Due to a massive increase in popularity with DeFi (Decentralized Finance) oriented tokens and crypto-related projects, many people fear an "Altcoin winter" is on its way.DeFi DEX's demonstrated a 500% lead over centralized exchanges in recent months,...

The most popular cryptocurrencies other than Bitcoin !

19 Jun 2021 9 minute read 2 comments SubhanSJ

Bitcoin has not only set the trend for cryptocurrencies, but it has also become the de facto standard, sparking a legion of followers and spinoffs. Let's take a step back and define concepts like cryptocurrency and altcoin before diving deeper into...

In which currency would you like to be paid: BTC, BNB, ETH... Or USD?

18 Jun 2021 1 minute read 1 comment Cryptofab

Think about that simple question: you are about to be hired for a job. The boss gives you two options for your salary: USD or BTC? Which one would you choose? Some possible thoughts below: 1) What can I buy with BTC? I have read somewhere that I can...

Alts to watch! 6/14

14 Jun 2021 1 minute read 3 comments F Sharp

  So I keep coins on my emergency watch list I call & hold, from that list. Also, keep in mind this is also for short term trading in some circumstances waiting to sell at a higher price maybe more profitable.   Coins with momentum to watch!!! Take s...

Earning Interest on your Crypto on Centralized Financial (CeFi) Platforms

10 Jun 2021 1 minute read 0 comments Hal the Bohemian

If you are a literal boomer or have know one for a long enough you probably know that there was a time when a "high interest savings account" truly was a savings account which was guaranteed to give the depositor a high rate of interest.  Rates as hi...

Cryptocurrencies' podium over time

8 Jun 2021 2 minute read 1 comment W.P

  More than a decade ago, Satoshi Nakamoto created Bitcoin, paving the way for other cryptocurrencies to be born. Over the years different currencies have been among the top 3, this article was written to remind you how volatile this market can be, a...