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.


LTC overview for today: Close all open positions.

11 hours ago 1 minute read MadMaxx $0.31 tipped

Welcome to the first post in this series! In this series, I'll pick apart a certain Cryptocurrency and it's daily chart. Then I'll tell you what I think, and if I'd personally enter a trade or not. Oh, and these will all be cryptocurrencies I own. I...

BTC $10000 is coming

14 hours ago 1 minute read matim10 $0.20 tipped

Whoever took advantage of the last fall will end up with better results than expected, will go to $ 10,000 easily, and faster than the expected 6 months, most say, until the end of February is there. There will be another small drop, but not as big a...

TRX Forecast: stability and deceleration with multiple points of purchase

16 hours ago 1 minute read matim10 $0.08 tipped

I saw in several places that the TRX will reach 500% of appreciation in 2 years. It is very viable, stable currency, multiple uses, present in gambling and various games. Low fees, and that old story of stability vs. volume well adapted. The truth is...

High Hopes For Bitcoin, Ethereum, Litecoin, BCH, As They Kick Off The Week With Strong Bullish Action

17 hours ago 1 minute read zogintl $0.23 tipped

With the crypto market ending on a low note last week, the strong green bars on Monday morning have rejuvenated the dimming hopes on most crypto investors. Almost all crypto assets led by Bitcoin, have shown early signs of recovering from last week’s...

Biggest flaw using a Ledger (hardware wallet) - part 6 How to store your crypto

1 day ago 1 minute read bitcoindelight $0.22 tipped

I started to talk about the main differentiator between a software and hardware wallet in the last part. Additionally, I covered why people have lost crypto in the past. Today I want to add some more value to the topic.   If you haven’t read the prev...

Cryptocurrency Income Guide Vol 14 - My Updated Monthly Bitcoin Ebook

1 day ago 1 minute read kingscrown $0.27 tipped

This is an ebook i share free on my cryptocurrency blog and update every few months.Its about ways to make passive income from bitcoin, ethereum and other cryptocurrencies by using some tricks or methods you may not be aware. No gambling, referring p...

Strategic partnership between TRON and Litecoin? Charlie Lee and Justin Sun spotted together and rumors travel the world

1 day ago 2 minute read Roberto D. $0.50 tipped

To kick off the rumors was a banal photo that portrays Justin Sun (CEO of TRON) and Charlie Lee (founder of Litecoin) together; subsequently it was Sun himself who confirmed that he had the opportunity to confront Charlie Lee, declaring that he had u...

Haven a new decentralized mobile app that will allow users to chat and create their marketplace in a complete privacy focused environment.

2 days ago 1 minute read alberdioni8406 $0.13 tipped

The Haven mobile app is brought to us by the Blockchain startup behind the openbazaar, the OB1, and it's a privacy focused application that will make everyone interact as a social network, sell your stuffs, building your own stores and making purchas...

Taxes on The Blockchain: Litecoin and Bitcoin Cash

2 days ago 2 minute read M87 $0.53 tipped

As development continues for blockchain projects, it can get costly to bring new features and many are looking for more ways to fund their development. Normally there would be independent corporate donors/investors but that is looking to change in th...

Is the Litecoin Mining Community ready to fund Litecoin Further development?

2 days ago 3 minute read Mamaecrypto $3.47 tipped

This morning of January 25th 2020, Charlie Lee creator of Litecoin raised a very interesting proposition on Twitter. One that evolves around funding. Talking about money is often a polemic topic and as expected he immediately received a lot of feedba...