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.


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3 days ago 1 minute read haidernasir

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4 days ago 1 minute read Dominus1

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Litecoin (LTC) Price Value: Price Started Going Down Following the Negative Divergence

5 days ago 1 minute read Tokenhell.com

The indicators such as 100-MA and 200-MA are showing a pullback of trend value back to $60 Litecoin failed to achieve the hypothetical value- $85- and is moving downwards to $60 as the moving averages suggested earlier about the fore coming value. We...

So what are these Flash Loans that can make you millions for few bucks ?

1 day ago 1 minute read kingscrown

I wrote lately how someone made over 1 million USD worth of ethereum exploiting flash loans in DeFi. Yet people under post despite description of the attack kept asking what are those flash loans. Here is best explanation i can come out with. You can...

Coinpot Faucets

3 days ago 1 minute read Schire

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