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.


Alts to watch! 6/14

19 hours ago 1 minute read 3 comments F Sharp

  So I keep coins on my emergency watch list I call & hold, from that list. Also, keep in mind this is also for short term trading in some circumstances waiting to sell at a higher price maybe more profitable.   Coins with momentum to watch!!! Take s...

Check out my physical LiteCoin!

19 May 2021 1 minute read 0 comments LoveCrypto

Hey all, I just bought a physical LiteCoin! OK, it’s not actually a physical LiteCoin – those don’t exist. It is a 1 Troy Oz Silver Bullion LiteCoin though. And it is beautiful. I love gold and silver as much as I love Crypto. Maybe a bit more just...

Top Things You Should Know About Litecoin (LTC)

1 Apr 2020 9 minute read 7 comments MuyAsk

Hey guys :) Today I’ve compiled a comprehensive list of questions and detailed answers to help you understand one of the most well-established and successful cryptocurrencies in the world – Litecoin (LTC). But before we dive in, if you haven’t alread...

Earning Interest on your Crypto on Centralized Financial (CeFi) Platforms

10 Jun 2021 1 minute read 0 comments Hal the Bohemian

If you are a literal boomer or have know one for a long enough you probably know that there was a time when a "high interest savings account" truly was a savings account which was guaranteed to give the depositor a high rate of interest.  Rates as hi...

Make 8.5 % Profit in an Hour

7 Apr 2020 1 minute read 0 comments PendekarBodoh

Hello Friends. In the following, I will share about 8.5 percent growth in my crypto assets, by playing on nanogames for 1 hour using Nubs27's Prime Numbers v1 Script (auto-playing). This script was written by Nubs27. So. If you find this script helpf...

Duino-Coin (DUCO), arduino-mineable Cryptocurrency

26 May 2020 1 minute read 5 comments yanis

Duino-Coin is a particular cryptocurrency because it's centralised (like ripple) and because it's mineable with arduino boards.     Registration To start using it, you have to download their latest github release and to unzip it. Then, launch wallet....

My 60 Years Old Father Got His First Crypto Today 😁

17 Feb 2021 3 minute read 54 comments acesontop

Today BTC marked a new ATH of $51,615, and on this day my father, who is 60, got into crypto. He asked me to buy some cryptos for him and I have executed the orders asap. No, he hasn't bought a whole BTC or more, a matter of fact I just bought him 2...

Litecoin vs. Bitcoin Cash: Which Will Win the Battle of Digital Cash?

26 Aug 2020 5 minute read 52 comments Ben Wehrman

Hello friends, If you're like most people, you love receiving Bitcoin. If you're also like most people, you hate giving away your Bitcoin in the form of paying for stuff. You are not alone. BTC is looking more and more like a true digital gold -- AKA...

DOGE's long-term survival demystified

4 Jun 2021 1 minute read 2 comments felipejoys

Dogecoin, the most iconic meme blockchain ever created, still prints tokens worth money. It is all the way up there in the top 100 cryptocurrencies, ranked today as #6. The question is: why? If it offers nothing new and everything is already being do...

Cryptocurrencies' podium over time

8 Jun 2021 2 minute read 1 comment W.P

  More than a decade ago, Satoshi Nakamoto created Bitcoin, paving the way for other cryptocurrencies to be born. Over the years different currencies have been among the top 3, this article was written to remind you how volatile this market can be, a...