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.


BlockFi: A great platform to start winning interest from your cryptocurrencies

7 hours ago 1 minute read 0 comments trebol11

BlockFi lets you put your crypto to work by earning you monthly interest payments in BTC, LTC, ETH, or a stable coin like Gemeni or USDC. Opening an account is quick and easy and you may start earning interest on your crypto today.  The two main serv...

Coinpot Challenge Day 62- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

16 hours ago 1 minute read 2 comments Zemiatin

Hey guys and welcome to day 62 of my Coinpot Challenge. Here is how my earnings look today and how they looked in my last post ( day 57 ) Now let's convert what we have today to $: BTC           0.00064871           =                 5.88$ (I a...

E-Wallet.Io-New Approach To Cryptocurrency Portfolios

20 hours ago 1 minute read 0 comments PassionCryptodotcom

The problem with many cryptocurrency wallets is that people do not want to store their funds there, as they do not receive any rewards for storing their money. Even when people keep their money in banks, they are rewarded. But the reward in the banks...

Ethereum (ETH), XRP, and Litecoin (LTC) begin to show signs of strength.

21 hours ago 1 minute read 0 comments Panzer

The well known crypto strategist Nicholas Merten says altcoins are poised to rise up against Bitcoin as large-market cap coins such as Ethereum (ETH), XRP, and Litecoin (LTC) begin to show signs of strength in their BTC pairs. In the latest episode o...

European cryptocurrency, is it a good idea?

4 Jul 2020 2 minute read 0 comments Roberto D.

The idea is to create a European currency (based on the euro) in order to speed up transactions. According to many, the digital euro "represents an innovation in the financial field capable of profoundly revolutionizing money and exchange" and the ad...

Celsius Network: The best app to receive interest payments for your cryptocurrencies (DAI, BTC,BCH, ETC.)

3 Jul 2020 2 minute read 0 comments trebol11

Celsius Network is an app (for android and IOS) that gives interest by depositing your cryptos. The company was founded in 2017 by Alex Mashinsky (CEO) and Daniel Leon. Mashinsky is notable for his work bringing cell phone service and free WiFi to th...

The Argentina 1 cent is now worth approximately one satoshi

3 Jul 2020 1 minute read 0 comments Shadow Crypto

The Argentina 1 cent is now worth approximately one satoshi Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2 Argentina currency joins the Lebanese lira in relation to parity with satoshi. Arg...

Litecoin (LTC) Fundamentals

3 Jul 2020 1 minute read 5 comments Mamaecrypto

Litecoin is an open source, peer to peer, decentralized, digital currency. A network controlled and maintained by its users. A cryptocurrency designed to enable fast, low cost and borderless value transfers.  Litecoin was launched in 2011 and over th...

Sable Assent (SAC1) - IEO on Latoken Exchange

2 Jul 2020 1 minute read 0 comments FreedomBuilder

  🎁 Reward: Receive up 10 SAC1 ≈ $10 & 1 SAC1 for each referral. 📈 Sign-up on Latoken Exchange and complete KYC with TIER 2. ✅ Start Sable Assent Airdrop Bot. 🔑 Tasks:📌 Start Telegram Airdrop Bot.📌 Sign-up on Latoken, and complete KYC level 2.📌 Compl...

Uncensorable (and cheap) messages using gridcoin core

2 Jul 2020 1 minute read 0 comments yanis

Gridcoin Core is the (official) full node for gridcoin, and can be used as wallet, but also for staking/mining, but also for sending cheap (0.0001 grc fee) and uncensorable messages. If you didn't try it, just install gridcoin core (from gridcoin.us)...