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.

What future for Litecoin? - FOCUS ON LTC #3

6 May 2020 1 minute read 0 comments Trading Passion

Litecoin was already talked about in 2013 with a rave article written by Alex Washburn, who described him as a “better Bitcoin”. With the slogan "Silver to Bitcoin’s gold", Litecoin could establish itself as one of the most interesting altcoins over...

How Litecoin works and features - FOCUS ON LTC #2

6 May 2020 1 minute read 0 comments Trading Passion

Litecoin stands out from Bitcoin by the following operating choices: A "proof of work" that uses the scrypt hash function rather than the SHA-256 Four times faster block creation with an average interval of 2.5 minutes instead of 10 minutes Four tim...

The origins of Litecoin or the return to the days of the first altcoins -FOCUS ON LTC #1

6 May 2020 1 minute read 0 comments Trading Passion

When Litecoin was launched, only eight altcoins existed: Namecoin, Ixcoin, I0coin, Solidcoin V1 & V2, GeistGeld, Tenebrix and Fairbrix. All except Namecoin were Bitcoin forks offering slight changes, some even being certified copies of Bitcoin but pr...

My favorite staking projects / Get more passive income

6 May 2020 1 minute read 2 comments Jakonfire

My favorite staking projects / Get more passive income Staking is becoming more and more popular as a way to get passive income. DeFi is also increasingly becoming the focus of the masses and institutions. While the returns on bank accounts continue...

This Is Why CInstaller Is So Famous! (One of the Highest Paying Website)

6 May 2020 1 minute read 1 comment Knowledge Explorer

CInstaller is an affiliate network PPI (Pay By Install). Any installation that your website / software traffic creates will be paid for. Why choose CInstaller? CINSTALLER by Cliq Media Ltd. is leading software distribution and monetization platform....

The Tezos (XTZ) Coinbase Staking Experiment

6 May 2020 3 minute read 47 comments Thomas Wolf

Last Updated: 6-08-2020 This one took a while to begin writing about; I had to wait for my Tezos to sit in my Coinbase account for over a month so that way I could build a buffer of time to start seeing staking rewards, a definite upset for anyone l...

The Future of Bitcoin Dice Games - Earn money fast!

6 May 2020 1 minute read 0 comments Knowledge Explorer

Redefine your online crypto casino gaming experience with Luckydice - An Intuitive and Frictionless bitcoin dice game that raises the bar!   Luckydice is an intelligent contract-based random number game. The randspecific algorithm has been included i...

Current Litecoin Technical Analysis: Expectations and Price Predictions

5 May 2020 2 minute read 0 comments kazandiran

  05.05.2020 (Tuesday) Litecoin technical analysis: Litecoin bulls continue to resist! Litecoin encountered a strong bear defense on the $ 50,0351 resistance it attempted to cross on May 3. This indicates that LTC bears aggressively defended the main...

Storm-Play: An app to win Bitcoin, Ethereum, Litecoin and DAI with your cell phone

4 May 2020 1 minute read 0 comments trebol11

Storm Play, only works for Android phones and its operation is super simple. Just log in every 30 minutes to the app, watch a video, and collect your winnings.   Functioning: You only have to enter the section "Claim", and click where it says "500 bo...

Earning Crypto with Casual Gaming

4 May 2020 1 minute read 1 comment bluekasumi

Hello everyone,if you're like me and don't have the time or the pleasure to engage in full-on online-gaming to earn a bit of crypto, than I got you covered! In the past week, I downloaded a few mobile games on my smartphone and casually played them t...