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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.
17 Jul 2019 1 minute read 0 comments dragonwolftech
In this video, I sit down with Lisa Davis aka Litecoin Lisa as we discuss my journey into Cryptocurrency as well as Facebook's Libra, Litecoin, Bitcoin and the Crypto space. Follow Lisa on Twitter at @lisamightydavis Follow Team Mighty at @teammight...
16 Jul 2019 1 minute read 0 comments Oligon
Litecoin is currently consolidating between $85 and $97, however we are testing a major level of structure support, so my expectation is for price to eventually break to the upside with ragained strength of buyers. The ideal scenario would be for Lit...
15 Jul 2019 1 minute read 0 comments Gary Leland the Bitcoin Boomer
According to a press release, The Miami Dolphins of the National Football League announced that Litecoin is now the team’s official crypto. BitBlockBoom! Bitcoin Conference coming to Dallas, Texas at https://BitBlockBoom.com Enable & listen to futur...
14 Jul 2019 1 minute read 1 comment dragonwolftech
In this interview, I chat with Michelle Mafra of the MamaeCrypto Channel and Blog. In this video, we discuss Litecoin, Bitcoin, Cryptocurrency in South America and Underdeveloped Regions as well as the Crypto Community at large. Michelle is a Crypto...
2 Jul 2019 1 minute read 0 comments Oligon
Litecoin is currently ranging between $111 - $144. Recently price formed a double bottom pattern and is gaining bullish momentum. My expectation is for price to reach the next major supply zone at $130 for a possible bounce and then continue it’s way...
25 Jun 2019 1 minute read 0 comments cryptovato1
21 Jun 2019 6 minute read 0 comments Chriss Airdrop
Hello/good evening to all Do you like earn Cryptocurrency just for free ? When I tell you this, I'm not talking about faucet bashing, or online mining, or even software/programs that use your CPUs, but what I'm going to tell you is a 100% free online...
17 Jun 2019 1 minute read 0 comments MBYZ
Tron creator Justin Sun invited Litecoin founder Charlie Lee for most awaited dinner with legned Warren Buffet. And Charlie Lee accepted Justin invitation. Tron fame Justin Sun is famous for marketing and tron lovers are waiting for big pump to T...
25 May 2019 1 minute read 3 comments Piet246
I was claiming some coins via ptc adds on cointiply and i run into this faucet. Mintcoin.pro is a multicoin faucet were you can claim 15 different coins: Bitcoin Bitcoin Cash Bitcore Bitecoin Dash Digibytes Dogecoin Ethereum Litecoin Nem Monero Pi...
18 May 2019 1 minute read 1 comment Kazi Tofael
You can not imagine, when a new cryptocurrency create? It is possible to created at any time. Some crypto news said that more than 1600 running in internet and also new are growing day bay day (August19,2018) We know that Bitcoin is the largest bloc...
