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 (LTC) Price Value: Price Started Going Down Following the Negative Divergence

18 Feb 2020 1 minute read 1 comment Tokenhell.com

The indicators such as 100-MA and 200-MA are showing a pullback of trend value back to $60 Litecoin failed to achieve the hypothetical value- $85- and is moving downwards to $60 as the moving averages suggested earlier about the fore coming value. We...

BOMB BLAST; Almost All Major Cryptocurrencies Are Down

17 Feb 2020 1 minute read 0 comments Dominus1

 Val's day is over, and it now time for a serious business. But hell no, I woke up to realize all major cryptocurrencies are down from 5% to over 10% from previous prices. This is the first time in 2020 that such decrease in cryptocurrency value has...

Paypal and Bitcoin - to be controlled or to be free

17 Feb 2020 1 minute read 1 comment renabs94

Transaction control policies such as PayPal could push many people to use Bitcoin and other decentralized cryptocurrencies more and more. The fact is that, as Slate has revealed, such control policies are highly questionable and reveal that platforms...

Crypto Accepted Here - Bumper stickers

16 Feb 2020 1 minute read 0 comments Mamaecrypto

If you own a shop, office or work off your vehicle... Now is a good time to let your costumers know that you accept cryptocurrencies with this cool selection of Crypto Accepted Here Bumper Stickers. Perfect for the window, check out area or your auto...

Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace: Updated Feb 20

16 Feb 2020 2 minute read 10 comments Bragato18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

Litecoin: what it is

16 Feb 2020 2 minute read 0 comments PupazzoInnevato

Litecoin is the most famous cryptocurrency ever after Bitcoin. Litecoin is a peer-to-peer cryptocurrency that has taken a lot of inspiration from Bitcoin. Litecoin (LTC) is therefore a peer-to-peer cryptocurrency and open source software that has bee...

Sunday Thoughts - hodl or trading? Follow the rules!

16 Feb 2020 1 minute read 0 comments renabs94

Better to trade or better to hold? This I think is the eternal question that every crypto owner takes, especially when there are strong price movements such as those of Thursday 13 February. A question that I have always asked myself and to which per...

Localcrypto needs the support of LTC community! [Voting has ended!]

15 Feb 2020 1 minute read 0 comments BiEskuLauHobe

Localcryptos is asking the community which of this three cryptos will be listed, LTC , EOS or DASH.   https://localcryptos.com/vote-for-the-third-crypto   "We're bringing P2P to a third crypto. Decide which cryptocurrency will be listed next by casti...

Review of the Gekkoscience 7 Port USB 2.0 Hub

15 Feb 2020 2 minute read 12 comments AverageVancouverite

The Gekkoscience 7-Port USB 2.0 Hub Spec: 7 X USB 2.0 ports (Can run 7 miners at once) + 1 X USB (Power Only) Power supply NOT included (Need a 12V 10A Power Supply Unit) USBs supported: Gekkoscience 2Pac, Gekkoscience NEWPAC, TTBit Stick Miner, Fu...

XRP On The Move

14 Feb 2020 1 minute read 1 comment cryptojourney

Since My last post things are definitely getting interesting no matter what crypto coin(s) you have. Personally, most of my limited portfolio is holding up well to date. With the lone exception of a few dollars invested in Nano that I wasn't able to...