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.


Limited Edition Litecoin Poker Chips Available for Purchase at CryptoPopUp store

7 Feb 2020 1 minute read 1 comment Mamaecrypto

Support the Litecoin Foundation by purchasing the Collectable Litecoin Poker Chip created for the 2019 Litecoin Summit Las Vegas. These are limited quantity poker chips, created by the Litecoin Foundation graphic designer Dani T.  Only 500 pieces wer...

Justin Sun, Charlie Lee and Warren Buffet dinner finally happened

6 Feb 2020 2 minute read 11 comments Mamaecrypto

In 2019 Justin Sun, the Chinese cryptocurrency enthusiast and CEO of TRON and BitTorrent won a dinner with Warren Buffet in a yearly auction. The much anticipated dinner did not come fast but finally happened and was announced by Justin Sun today, Fe...

China Looking Ahead to Complete Sovereign Digital Currency Mission: DCEP Will Be Released Soon

6 Feb 2020 2 minute read 0 comments Tokenhell.com

Chinese Crypto – DCEP Some reports said that China would launch its Digital Currency/Electronic Payments (DCEP) in the month of November. A large domestic finance magazine named Caijing claimed that it would be released at the end of the year 2019 in...

Travel with: Litecoin LTC - part 1

6 Feb 2020 3 minute read 4 comments renabs94

Summer is approaching and the time has come for many of us to start thinking about where to go on vacation. for many enthusiastic cryptocasters it can sometimes be a nightmare to try to spend their coins to book hotels, flights... cryptographic payme...

Secure Your Privacy With Anonymous Mixed Litecoin Transactions

6 Feb 2020 2 minute read 16 comments Scott Cunningham

Privacy is so important and while there are coin joiners and private coins, many people still rely on mixers. Luckily there is now a mixer for crypto users looking to anonymously transact Litecoin! As Litecoin Mixer reads on the homepage a Litecoin M...

Make your BitMex Trading Experience better

6 Feb 2020 1 minute read 0 comments kingscrown

Unique tutorial and guide even oldschool traders could not know about. That is how kingscrown rolls without a rolls royce. Readers of my blog should already have account on BitMex exchange but if for some reason you are not aware, it is a cryptocurre...

Another Bitshares Exchange Dies - SparkDEX

5 Feb 2020 1 minute read 3 comments kingscrown

SparkDEX is a on-the-fly buy spot + exchange built on Bitshares.They also had program where you have their tokens and they buy them back and burn from fees exchange makes. Now they announced they are closing and last buyback of their token. Over the...

Residential miner review: Mine Crypto at home without having to buy an expensive ASIC miner! (Potentially?)

4 Feb 2020 5 minute read 3 comments mduchow

This is a review of arguably the most popular and widley known Cryptocurrency residential miners, the Coinmine ONE and the Apollo Scrypt Miner! For this review I have tried and tested both devices and this will be a full breakdown of both devices to...

AltBet and SimplePOSPool New Year's Giveaway! ($500 Leaderboard Competition + $500 Random Drawing)

3 Feb 2020 1 minute read 1 comment Crypto_MD

Altbet (ABET) - Website - Coinmarketcap & CoinGeckoSimplePOSPool - Website ____________________________________________________"Welcome to 2020! To celebrate we are doing a massive giveaway worth $1000. Enter below, and perform tasks for additional...

Stakenet released DEX API, new test version. Lighting DEX getting closer to launch!

3 Feb 2020 1 minute read 0 comments DaniBom

The X9 developers team is working no stop on the first dapp built on top of the Stakenet (XSN) blockchain: the Lighting DEX! Last week the dev team has worked on: - API public launch +improvements - DEX orderbook & LN channel optimizations - Fee opti...