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

4 Jul 2020 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...

Crypto Website Review: Fly-LTC

18 hours ago 1 minute read 0 comments Schire

If you've read my post about Fly-Dash but you prefer to earn Litecoin than Dash, then Fly-LTC is for you! This is my short review about this crypto site. Fly-LTC is a Litecoin faucet where you can claim hourly. The minimum amount you can claim is 0.0...

DOGE is the best example of the FOMO effect. (Analysis)

8 Jul 2020 4 minute read 2 comments Crypto adict (Manu VZ)

The Dogecoin market had been stable and flat in recent months, with a market capitalization ranging from $ 250-300 million. Dogecoin has suddenly come to life this week with a 130% rebound, with its price rising from $ 0.0023 to $ 0.0053 in less than...

E-Wallet.Io-New Approach To Cryptocurrency Portfolios

4 Jul 2020 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...

A Brief Introduction to BlockFi - Earn Passive Income With Your Cryptocurrency

20 hours ago 1 minute read 0 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. BlockFi lets you put your crypto to work by earning you monthly interest pa...

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...

Coinex Exchange - Event Listing AYA

6 Jul 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: 50.000 AYA shared between participants. ✈️ Create an account at Coinex.👍 Referral Code: s2brg 🔶 Airdrop Rules:📌 Register at CoinEx with your E-mail.📌 Confirm your E-mail.📌 Set 2FA Google Authenticator.📌 Share AYA Poster to divide 50.0...

Mommin' It Monday - Episode #7

20 hours ago 1 minute read 0 comments Mamaecrypto

Mommin' it Mondays episode was just warming up today when I unfortunately experienced some technical issues in my end. Sadly my connection was interrupted at around 25 minutes of stream and unfortunately I was unable to get back to the stream in time...

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

4 Jul 2020 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...

The Litecoin (LTC) Is Coming Back | Look At This Bullish Reversal Pattern

8 Jul 2020 1 minute read 1 comment moon333

Hey guys and gals hope you are doing well and welcome to the new update on Litecoin. In my previous post I was expecting that the price action has completed the final leg of bullish BAT pattern. But the final leg retraced little bit more down up to 1...