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 Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 6 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...

A good Reason to start (or continue) using Binance

13 hours ago 1 minute read 1 comment trebol11

How many times have you been pissed that Binance won’t let you sell or retire smaller denominations of cryptocurrencies? If you have a strong referral network or use a lot of different faucets (like Getzen or PipeFlare), you might be earning a good a...

The best ways to start winning cryptocurrencies

2 Aug 2020 2 minute read 7 comments trebol11

Lately, I have written several posts on how to obtain cryptocurrencies, here I have compiled the best ones   Faucets: Freebitcoin: post It is one of the easiest to use, safest and most complete faucets. You earn Bitcoins here, and you have 7 ways to...

What is OmiseGo (OMG)? How it works?

4 Aug 2020 1 minute read 0 comments PrisonedBus9641

  OmiseGO is an open source payment platform, a decentralized public exchange based on Ethereum and an open source public blockchain. OmiseGo's goal is to provide better financial services for everyone, from those who use traditional banking services...

Discovering Rollercoin, mining gamification (and making real bitcoins)

3 Aug 2020 1 minute read 0 comments yanis

Hello bitcoiners,   If someone says that u can earn real bitcoins by playing mini-games, do u believe it ?  I say that because it's exactly what does rollercoin do.    General On this website, you will just have to play mini games (like 2048 or a "fl...

Cryptos and Games, a Unique Relationship

17 hours ago 1 minute read 1 comment alquimista1501

The latest Litecoin alliance has put me to investigate a little the synergy that the union between crytos and video games is having. Although what I am commenting on is nothing new, the association of Litecoin with Atari may confirm the advancement o...

Coinpot Challenge Day 93- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

4 Aug 2020 1 minute read 4 comments Zemiatin

Hello guys and welcome to day 93 of my Coinpot Challenge. I have surpasses 0.001 BTC in earnings which is nice. Bellow you have the picture of how mmy earnings look at the time of writing this and how they looked in my last update (day 87) And now...

The easiest guide to earn BTC, DOGE, LTC, BCH and DASH

1 Aug 2020 8 minute read 22 comments Roberto D.

Many people in the comments to my articles have always advised me to use CoinPot. Its operation is particular compared to other faucets in that the CoinPot.co site serves to see the aggregated earnings of all the faucets (faucets that will pay you di...

Get into Bitcoin without volatility.

5 Aug 2020 1 minute read 0 comments RichKidCrypto

You always wanted to invest into Bitcoin but you where scared about losing money because of the volatility of the Bitcoin market? Well this might be a solution for you: With BlockFi it is possible to Earn interest on USD Deposits payed out in Crypto....

3 WTF things in the crypto world

4 Aug 2020 1 minute read 0 comments yanis

Hello bitcoiners   In the crypto, there isn't only bitcoin and ethereum. There are also projects that looks like jokes but all these projects really exist !   1 - Is it a ponzi ? Yes ! Is it proud of that ? Yes !!! Ponzi schemes aren't always hidden,...