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 wallet migrates to bitgo multi -sg

11 May 2020 1 minute read 1 comment CryptoArgha

Recently foundation behind crypto currency (Litecoin) litecoin foundation announced to migrate from multi - sig electrum wallet to bitgo multi - sg wallet. This news was first posted by litecoin foundation on may 7 that shows litecoin is planning to...

THIS is the tweet Crypto Twitter is talking about!!

11 May 2020 1 minute read 0 comments bitcoindelight

After we experienced rejection from the latest upward trend and a price drop below $USD 8200 on Bitcoin we are currently trading BTC for approx $USD 8700. Major altcoins like Ethereum, Litecoin and EOS followed the downtrend still heavily connected t...

Crypto Market Crash!

10 May 2020 1 minute read 1 comment trebol11

The bitcoin's price  is falling around a 12% after hitting the $10.000 USD barrier. This event brings much uncertainty to the market, three days after the "Halving", and shows that the confidence in BTC is maybe wavering a little bit. Many expect...

Alright Guys, Where Are You Mining in May 2020?

10 May 2020 1 minute read 0 comments WhaleTailMining

I was browsing Reddit this morning and I stumbled upon a Redditor's question. That question being; Where are Scrypt Algorithm miners directing their hash rate in May 2020? I found this to be an interesting question, and I provided my conclusion that...

My first month on Publish0x

10 May 2020 2 minute read 16 comments PVMihalache

Since I was 15 or 16 years old, I had my personal blog, where I was writing all sorts of funny stories or adventures, opinions about events and my own artistic creations. I had few followers, mainly friends, who wanted to keep in contact with me, or...

earn crypto of you choice

10 May 2020 1 minute read 0 comments limax21

regarding my last post   you all have disliked my post an i would like to know about it  so i might be able to improve my  post an regarding the last post  the post was about a ptc (PAID TO CLICK ) sites so i mentioned it clear you can create your a...

Bitcoin dropped pre halvening

10 May 2020 1 minute read 0 comments bitcoindelight

1d and 17 hours away from the next Bitcoin halving and today we experienced already a decent drop in Bitcoin. Market cap. went down nearly 12% as Bitcoin and Ethereum both dropped within the 11 -12% range. Litecoin dropped more than 14% and gains f...

99.9 % Of Crypto Will Fail. What's The Fair Value Of A Digital Asset?

10 May 2020 1 minute read 1 comment valuevision

99.9 % will fail...   ... you can hear this statement all over the place. It would be kind of a natural selection. Currently there are 5.439 cryptocurrencies. If only 0.1% will succeed, we would end up with only 5 to 6 digital assets.   But what's th...

Earn cryptocurrency of your choice

9 May 2020 1 minute read 0 comments limax21

earn cryptocurrency  of your choice   You get to perform the tasks on completion of the task you get points  since i am using litecoin as the payment  1 point equals to 0.00019 so the choice is all yours you want more or just sit there an waste you...

Litecoin-LTC, Basic information. |2020|

9 May 2020 2 minute read 0 comments NikiSam15

Litecoin (signo sign, abbreviation LTC) is a cryptocurrency and open source software project published under the MIT license inspired and relatively technically identical to Bitcoin. Its creation and transfer is based on a cryptographic protocol not...