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 ) Short Term Price Prediction

16 May 2020 1 minute read 1 comment skyislimit

Let see what we said last time "It is still below the ascending trend line and volume is ok and looking better than last week. resistance stays at $50 level and a long time hard to pass the point and it will come there too. Support is now $46 and if...

With a market cap of $ 2.78 Billion, Litcoin is not an Empty Coin !!!

16 May 2020 1 minute read 2 comments Rhelgus

Litecoin was developed in 2011 by Charli lee, who used to work with Google. In fact, it has the same way of working with Bitcoin. However, there are some differences between Litcoin and Bitcoin.In fact, Litcoin came out to fix the errors that occurre...

Pay up to 90% Less to buy Bitcoin

13 May 2020 1 minute read 1 comment kingscrown

One of exchanges that my readers should already be aware of Coinex is running a cool promotion because of Bitcoin Block Halving. You will be able to buy BTC with up to 90% discount depending on some factors and if you complete some tasks. Of course...

Bitcoin's next move and correlation to the stock market

13 May 2020 1 minute read 0 comments bitcoindelight

It seems a lot of people waiting for the next big move of the Bitcoin price - either to the down or upside. Majority of people are anticipating the post halvening price drop but so far BTC has even found some support and is currently being traded clo...

What is your decision, Dogecoin or Litecoin?

12 May 2020 1 minute read 1 comment Emir Can

After the split, the bitcoin began to improve. Altcoins have begun to keep up with this situation. So the market value has increased and is increasing.     Dogekoin was also on the rise recently. But suddenly it started to fall.   The transact...

Cryptobuyer, Mega Soft and Venezuela: the cooperation to make cryptocurrencies a true exchange currency in a country.

12 May 2020 1 minute read 0 comments PrisonedBus9641

The hyperinflation rate in Venezuela had peaked at 10,000,000%. This blow to their finances makes it impossible to keep VES, Venezuela's national currency, for more than a day. Over time, inflation has dropped significantly, but cryptocurrencies rema...

🎁 Get 50$ (ELD) For Free

12 May 2020 1 minute read 2 comments Airdrop Radar

🔥🔥NEW ETH.Limited 50 $.. Maximum total: You can earn 150$ worth in ELD token. 1. Start telegram bot  join 2. Join Telegram group 3. Join Telegram channel 4. Follow Twitter 5. Subscribe to Youtube 6. Complete Airdrop form // airdrop form 7. Submit ETH...

LBRY Credits (LBC) mooning

12 May 2020 1 minute read 3 comments Jakonfire

LBRY Credits (LBC) mooning Welcome to a blockchain-based digital content protocol containing a digital library of content. But the best and the main reason why you should use this platform is the possibility to receive various rewards. Of cou...

Litecoin's (LTC ) unexpected transition to BitGo's multi-signature wallet

12 May 2020 1 minute read 1 comment AlexMMO

Litecoin's (LTC ) unexpected transition to BitGo's multi-signature wallet. According to the information of the party   The Litecoin Fund (LTC) announced on May 7 that they will move from multiple sigrum Electrum-LTC to multi-sig wallet of BitGo.  Why...

Litecoin: Three years since SegWit activation, usage stands above 70%

12 May 2020 1 minute read 0 comments PassionCryptodotcom

Segregated Witness or SegWit was first activated on the Litecoin network exactly three years ago. First proposed by Pieter Wiulle in 2015, to address malleability issues. But later, it was found that this could also increase the block size of Bitcoin...