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.


HitBtc - High Liquidity Exchange For Spot Trading!

2 Jul 2020 3 minute read 2 comments Sapphire

Perfect For Spot Trading HitBtc has been in operation since 2013 and has become a force to be reckoned with when it comes to spot trading. A lot of traders make use of exchanges such as Binance and FTX when it comes to spot trading. These are really...

The different classes of blockchain applications

30 Jun 2020 6 minute read 0 comments Jumble

Introduction It is possible that blockchain applications can make life easier. This is because for much of what you do every day will be: improved optimized automated. A previous post gave a general list of blockchain applications. This post will g...

This leading altcoin may depreciate to the lows of early 2017

1 Jul 2020 1 minute read 1 comment World Crypto

Litecoin is one of many cryptocurrencies that has stuck in the side trading range in recent days and weeks. Observers have noted an incredibly strong correlation between LTC and BTC. Like Bitcoin, one of the leading altcoins is currently trading near...

Litecoin (LTC) Fundamentals

16 hours ago 1 minute read 5 comments Mamaecrypto

Litecoin is an open source, peer to peer, decentralized, digital currency. A network controlled and maintained by its users. A cryptocurrency designed to enable fast, low cost and borderless value transfers.  Litecoin was launched in 2011 and over th...

How to mine Litecoin, Dogecoin, Zcash, Bitcoin Cash and Bitcoin by Telegram

1 Jul 2020 1 minute read 6 comments ferreirarcf

Learn how to mine Litecoin by Telegram in a simple way. Click on the link below to be directed to the Telegram Bot and then with the Application started click on start to make the connection with the Bot. Litecoin Link: https://t.me/Litecoin_click_bo...

Uncensorable (and cheap) messages using gridcoin core

2 Jul 2020 1 minute read 0 comments yanis

Gridcoin Core is the (official) full node for gridcoin, and can be used as wallet, but also for staking/mining, but also for sending cheap (0.0001 grc fee) and uncensorable messages. If you didn't try it, just install gridcoin core (from gridcoin.us)...

Huobi Pool added BitcoinHD (BHD) distribution to HPT holders

30 Jun 2020 1 minute read 0 comments Jakonfire

Huobi Pool added BitcoinHD distribution to HPT holders Today was the first day Houbi distributed 17 Cryptos to the HPT hodlers. I can hardly believe how quickly it gets more and more. Since today you also get BHD airdrops depending on the amount of H...

How to add Stoinkies (STO) to your preferred cryptocurrency wallet.

2 Jul 2020 1 minute read 0 comments Stoinks

On the STO server, we make use of Tip.cc Bot. Tip.cc has a clear detailed guide on usage, but how do you add STO to your preferred wallet? For this guide, we will take a look at some of the most popular wallets and help you set up your $STO wallet in...

Report Predicts Altcoins And Bitcoin (BTC) To Increase To $ 397,000 - Here's How Long It Could Take

28 Jun 2020 1 minute read 0 comments PassionCryptodotcom

A new radical report on the future of Bitcoin reveals that the main cryptocurrency could reach $ 397,000 - but it will not happen overnight. Latest analysis from Liechtenstein-based Crypto research report, led by former cryptocurrency fund manager an...

​How to Earn Passive Income on Your LTC with Bitrue’s Piggy Power

30 Jun 2020 2 minute read 1 comment Crypto Adventure

Bitrue, a leading cryptocurrency exchange with financial services, has continually rolled out features that bring personal investment opportunities to users who hold cryptocurrencies.  And now, hot on the heels of BCH coming to Power Piggy, the inves...