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.

Short-term growth of Litecoin

6 Jun 2020 1 minute read 0 comments Artur89

Litecoin successfully overcame the cluster $ 40− $ 42, which led to the achievement of the first target at $ 45, where the 200-day simple moving average line also runs, and $ 47.45. Even if at the moment the LTC quotes go below $ 45, you should not e...

Altcoin Cryptocurrency Mining Pools - MinerGate

5 Jun 2020 1 minute read 2 comments Sweden

MinerGate is a multicurrency mining pool created in 2014 by a group of blockchain enthusiasts. We provide the easiest mining software, reliable 24/7 support service and helpful community at your disposal. Supported cryptocurrencies There are 10 coins...

Why is it good to be paid in DAI than Loopring or BAT on Publish0X?

5 Jun 2020 1 minute read 4 comments Mabla

On Publish0x we get tips when we read other people's articles they publish on the site and we also get tipped when we publish our own articles. Whenever we tip or get tipped we accumulate 3 types of coins which are: DAI, BAT Token and Loopring (LRC)....

Litecoin, good reaction from the sell-off

4 Jun 2020 3 minute read 0 comments Cryptonite

    Hello everyone, today I want to talk about Litecoin, this is the seventh largest cryptocurrency on the market with constantly over 2 billions of daily trade and a market cap of over 3 billions, before starting with the analysis I would shot some...

How to "mine" gridcoin with an android device

4 Jun 2020 1 minute read 7 comments yanis

Gridcoin is a cryptocurrency that helps research. So the computing power is used by research projects (against coronavirus). Please do not say things like "you didn't talk about hashing algorithm" or "What stratum should I use ?", because you won't m...

Crypto Gifts for Dad.

4 Jun 2020 1 minute read 0 comments Mamaecrypto

Father's day is just around the corner and if your father happens to be crypto enthusiast here are some fun Bitcoin and Alt-coin themed products that I think would be a great pick for DAD. At CryptoPop you will find over 150 products to choose from r...

Coinpot Challenge Day 30 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

3 Jun 2020 1 minute read 15 comments Zemiatin

Hey guys and welcome to day 30 of my Coinpot Challenge.  I have been a little busy the last 2 days and could not do any updates. Anyway, this is how my earnings look at the moment: And this is how they looked in my last update ( day 27 ) : Now, if...

My top 5 crypto errors (and how to fix it)

3 Jun 2020 2 minute read 3 comments yanis

Everyone make errors. It's because error is human. So, in this article, I'll talk about 5 errors I made in the "crypto world".   1 - Minimum deposit Minimum deposit is something that we doesn't like. I sent 0.5 gridcoins to SouthXchange, but I forgot...

Discovering the Crypto: LITECOIN

2 Jun 2020 2 minute read 2 comments Crypto Earning

Today we are talking about another crypto widespread in the world, we are talking about LITECOIN. After talking about Bitcoin and Ethereum, I leave you the link if you want to read the articles, let's see what it is, how it works and everything relat...

What is Litecoin (LTC)?

2 Jun 2020 1 minute read 1 comment zdnmrt

What is Litecoin? Litecoin was developed in 2011 by a former Google employee, Charlie Lee. Although it basically has the same working principle as Bitcoin, there are some differences between them. It appeared for the purpose of eliminating some error...