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 Transactions Surge Following Release of LiteBringer Game

21 Sep 2020 2 minute read 11 comments TheDesertLynx

Litecoin's transaction volumes have increased severalfold following the release of role-playing game LiteBringer on to the Litecoin mainnet. Network data points to the game as a likely catalyst for the transaction surge. Announced last week, LiteBri...

How to make money if crypto goes down

19 Sep 2020 2 minute read 21 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...

LocalCryptos: Ethereum Fees "Hurt the Underserved" Like Venezuelans

17 Sep 2020 3 minute read 8 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace LocalCryptos claims that high Ethereum fees have harmed its most underserved customers, highlighting users from Venezuela, who allegedly rely on the platform to sell small amounts of cryptocurrency. In a rece...

LiteBringer: How I Nearly Lost My Mind and Found My Mr. Miyagi

15 hours ago 3 minute read 11 comments Blangs

In the midst of the DeFi madness and alt coin bleeding, a new adventure steps forward out of the shadows. A little more than a month after launch, LiteBringer has just crossed the threshold of 5,000 characters. That’s right. More than 5,000 rogues, f...

Binance: 7% Cashback of its Visa Crypto card

19 Sep 2020 1 minute read 18 comments Gamma

Binance unveils cashback levels for its Visa crypto card The Binance card will offer a cashback for every purchase made with the card.Here are the cashback amounts that Binance offers you starting at least October 2020 To activate the cashback you mu...

More than 10,000 ATM bitcoin dispensers around the world

20 Sep 2020 1 minute read 3 comments Gamma

An increasing number of ATMs around the world In 2017, the number of bitcoin distributors was approximately less than 2'000 in 2018 this figure doubled to reach 4'000 while currently in 2020 we have more than 10'000 ATM which is mostly located in the...

BitFlyer : The exchange that allows to buy Bitcoin with Paypal

22 Sep 2020 1 minute read 2 comments Gamma

BitFlyer allows its European users to buy Bitcoin with their Paypal accounts. With the integration of PayPal BitFlyer allows you to make deposits directly in euros on your account, it's a very interesting evolution to see that now it's possible to bu...

Honeygain : Earn Money for Free now

20 Sep 2020 1 minute read 2 comments Gamma

Start earning money for free right now Don't lose time and sign up at honeygain,here is the first presentation of Honeygain, the best way to create a real income completely passive, you can withdraw your money with Paypal or Crypto. You can use Hone...

Litebringer - A ''World of Warcraft''-like game on Litecoin blockchain

19 Sep 2020 2 minute read 14 comments Heruvim78

I tested the game, and it is looking promising, if enough players will join. Just to start with the good news, I sent 1$ equivalent in LTC and already i got first payment sent to my Celsius (4.5$ in LTC from the stuff i sold in the first day). The ga...

Sichuan: Mining farms destroyed

22 Sep 2020 1 minute read 1 comment Gamma

Sichuan: Mining farms destroyed Extremely heavy rain fell on the province of Sichuan creating mudslides and landslides particularly dangerous for the population. There have already been several deaths due to this disaster, and the electrical network...