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.

Coinpot Challenge Day 45 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

17 Jun 2020 1 minute read 1 comment Zemiatin

Hello guys. It's been almost a month and a half since I started this challenge. In this time the price of Bitcoin hovered between 9000$ and 10.000$. I hope it will start climbing towards the end of the year. That would be great for my earnings here....

Exenox (EXNX) Round 3 - Blockchain powered smart phone ecosystem.

17 Jun 2020 1 minute read 1 comment FreedomBuilder

  💲 Reward: Receive up to 15.25 EXNX, and 2 EXNX for each referral. ✈️ Download Exenox App. 🌀 Register at Exenox Website. ✈️ Start Exenox Telegram Airdrop bot. 💎 Tasks: 📌 Follow on Telegram Group & Channel.📌 Follow their Twitter & Instagram.📌 Downloa...

Cryptocurrency price analysis: do not rule out a fall to $ 6320

17 Jun 2020 4 minute read 0 comments Artur89

Cryptocurrencies continue to consolidate: the leading asset is squeezed in the framework of the "Triangle", and only a breakdown of the level of $ 10 565 will indicate a continued rise in the price to $ 13 865. Do not rule out a drop in the BTC rate...

Litecoin to the?

17 Jun 2020 1 minute read 0 comments deleted000031

Many people are asking me about the litecoin. What can I say, in the last two months I tried twice to buy it and both times I generated loss on this coin. In my opinion when I look at the chart I think it is not good time to buy litecoin in short ter...

What're public/private keys

17 Jun 2020 1 minute read 0 comments yanis

Because everyone knows that private key is used to spend, and public is used for verifying balance, but not many people really konws how does it really run, I'll try explaining it.   Private key, for signing transatcions Private key is never transmit...

Why is it not safe to invest with crypto mining companies?

17 Jun 2020 2 minute read 2 comments Mabla

People are now obsessed with crypto currencies to the extent of doing anything possible to get something in their crypto wallets because they now believe this is the way to go in this Era. There are so many way of getting crypto currencies and this i...

Make money in Crypto Opportunities 2 – Telegram Bots

17 Jun 2020 1 minute read 2 comments ManuelAR

Today I want to introduce to you another form of earning some crypto; Telegram bots. Bots can be programmed for many different purposes, in this case, these bots were created to reward users for performing certain tasks. There are three ways you can...

Oasis (Anycoin) - south korea's Exchange Listing Market Event Celebration.

16 Jun 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 30 Anycoin ≈ $3 📈 Create an account at Oasis Exchange. 💸 Follow the Link to Oasis Exchange Airdrop Form. 🎯 Tasks:📌 Register at Oasis Exchange, verify your E-mail & Complete KYC verification.📌 Follow Oasis Exchange Tele...

3 shitcoins with good ideas that failed

16 Jun 2020 1 minute read 9 comments yanis

This post is in "good but unknown cryptocurrencies", but I wrote it for making another thing (and because I had this idea... poof). And because these shitcoins have nice ideas and concepts and can give ideas to developpers for future very good coins....

How to mine DASH...

16 Jun 2020 2 minute read 2 comments CryptoChemistry

As reported from its official website, it is no longer profitable to mine Dash from conventional hardware: mining from your own computer or CPU implies an expense greater than the possible benefit.Therefore, this guide invites you to set up at once a...