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 Summit Recap on the Phillip Kennedy Podcast and Channel

2 days ago 1 minute read Mamaecrypto $2.42 tipped

🔥 HOT SUPER HOT! 🔥 This week me, Jonny Litecoin, Litecoin Lisa and Rebecca joined Phillip Kennedy in his YouTube channel to recap some of the best moments experienced at the Litecoin Summit. A fun and casual chat among Litecoin Volunteers with lots o...

MamaeCrypto at Wild West Crypto Show - Interview Litecoin Summit

1 week ago 1 minute read Mamaecrypto $1.74 tipped

I must say that I was not prepared for all the action I was going to encounter at the Litecoin Summit this year.  One year ago I was completely shy about getting a picture with Charlie... And let's just say that this year.... I was all over the place...

The uncertain future of litecoin (LTC)

1 week ago 3 minute read zulonga $1.58 tipped

Introduction One of the first altcoins created and also featured in the market is Litecoin (LTC). As its name implies, it has emerged to be “lightweight” and to ensure simpler mining with more operations per second to streamline the transaction proce...

Watch MamaeCrypto and Kenneth Bosak make a Litecoin transaction using the Flexa App during the Litecoin Summit

5 days ago 1 minute read Mamaecrypto $1.51 tipped

Working the Litecoin booth was so much fun. I love making sales but transacting with Litecoin, in such an effective manner, using the Flexa check out system via Clover Commerce, was simply AWESOME. #PAYWITHLITECOIN And let's just say my clients were...

These are the most important Bitcoin influencers

4 days ago 2 minute read DoRi $0.27 tipped

Image source When we talk about the Bitcoin's course, we regularly come across the names of influencers. Who are these people and why are they so important? In this article, we list a number of important Bitcoin influencers. The names of influencers...

Litecoin: weekly market analysis (from November 9th to November 15th 2019 on BTC / LTC pair)

2 days ago 2 minute read Roberto D. $0.13 tipped

BTC / LTC the bulls are tonic, but the bears lie in wait For several weeks it has not been possible to observe the order book without being seized by the desire to buy; the purchase orders, in fact, are significantly more relevant than the sales orde...

Special Moments at the Litecoin Summit 2019 - Highlight MamaeCrypto

1 week ago 2 minute read Mamaecrypto $2.29 tipped

Attending and volunteering at the Litecoin Summit 2019 was certainly the highlight of the year for me. At least so far! I had a blast from set up to break down. I want to first thank the Litecoin Foundation for organizing this great gathering. A conf...

CHINA: MORE MEGA BULLISH BITCOIN NEWS! BULLISH BITCOIN INDICATOR! ATOM INSIDE INFO! VISA w/BTC BACK!

6 days ago 1 minute read CryptoBitcoinChris $0.07 tipped

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com Cr...

BITCOIN: HUGE SPIKE IN PROFIT TAKING! IRS CONCERNS OVER CRYPTO! STOCK MARKET DRAG BITCOIN HIGHER?

1 day ago 1 minute read CryptoBitcoinChris $0.04 tipped

  🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com...

3 Cryptocurrency Exchanges Need KYC Out of Blue to Withdrawal

2 weeks ago 1 minute read kingscrown $2.90 tipped

In crypto world, you cannot be ever sure of anything this is why the list of exchanges with no documents is constantly checked and updated when needed. Also, crypto exchanges are added there only after tests by many users for a period of time. DX.exc...