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.


How I Earned $248 Doing Surveys And Received It In Crypto!

1 Jul 2020 2 minute read 0 comments Sapphire

Earning Crypto Outside Of Crypto A lot of people miss out on great opportunities to earn Crypto because they look only to opportunities within Crypto. There are a number of opportunities you can mold into Crypto money trees and Ysense is one of them!...

Huobi Pool added Thunder Token (TT) distribution to HPT holders

1 Jul 2020 1 minute read 0 comments Jakonfire

Huobi Pool added Thunder Token distribution to HPT holders Actually, since adding the BHD distribution yesterday, there is even a new currency that is also being distributed. I just didn't noticed it because of the very small amount, but from now on...

A Brief Introduction to BlockFi - Earn Passive Income With Your Cryptocurrency

1 Jul 2020 1 minute read 0 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. Blockfi lets you put your crypto to work by earning you monthly interest pa...

The Argentina 1 cent is now worth approximately one satoshi

2 hours ago 1 minute read 0 comments Shadow Crypto

The Argentina 1 cent is now worth approximately one satoshi Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2 Argentina currency joins the Lebanese lira in relation to parity with satoshi. Arg...

Why bitcoin will reach $100,000, explained simply

28 Jun 2020 2 minute read 1 comment Roberto D.

Jesse Powell, CEO of Kraken, one of the longest running and best known exchanges in the world, said that Bitcoin will soon hit $ 100,000. In a recent interview with Bloomberg, Powell has specified that Bitcoin will be an effective hedging instrument...

PayPal will support cryptocurrencies, is it important?

25 Jun 2020 2 minute read 12 comments Roberto D.

The news is a few days ago but I preferred to wait to find out a bit more and to avoid a possible denial that would have made the article useless, however it seems (almost) certain that Paypal will integrate support for cryptocurrencies, but how? Acc...

Bank of America considers cryptocurrencies to be cash equivalent

1 Jul 2020 1 minute read 0 comments Shadow Crypto

Bank of America considers cryptocurrencies to be cash equivalent Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2   Bank of America, the second-largest bank in the United States, made it clea...

Earn And Withdraw Crypto In A Day!

30 Jun 2020 1 minute read 6 comments Schire

Hi guys! I have made a lot of posts before about legit crypto sites but some of those sites will take you like a month or so before you will have your pay-out. So now I will be sharing with you my list of crypto websites where you can earn and withdr...

Crypto Website Review: Litecoinads

29 Jun 2020 2 minute read 0 comments Schire

Hey there! Today I'll be making a review about Litecoinads. Litecoinads is a litecoin-earning site wherein you earn by doing PTC, CPA/GPT offers, and many more. There is no minimum amount for withdraw via FaucetPay or WalCrypt, but for Payeer withdr...

Poloniex Exchange - 50,000 TRX Giveaway by Justin Sun the Founder of TRON.

29 Jun 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward:☑️ Complete tasks from the Airdropbot & The first 500 participants will share 10,000 TRX.☑️ Top 100 users by earned points from Airdropbot will win from a prize pool of 10,000 TRX depends with their contribution in the total points e...