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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.

I Earned 0.00385 LTC In A Few Hours

8 Sep 2022 3 minute read 0 comments stuntdila

The website I'm talking about today is "Autofaucet". It is a crypto-earning website. A few years ago I used this website and somehow I forgot about it and in the last month from a PTC ad on another earning website I found this website again and remem...

Cost of Litecoin

15 Mar 2023 2 minute read 0 comments coinpassglobal

Litecoin is a form of cryptocurrency that was developed off the back of Bitcoin as a way to decrease transaction fees and times. It is considered to be the silver to Bitcoin gold and is one of the most widely used digital assets to date.   Bitco...

Most of the 5 best cryptos in March

6 Mar 2023 1 minute read 3 comments Alther

As the world awaits the arrival of Ramadan in March 2023, there are certain economic implications to consider. Crypto assets, such as coins and tokens, also need to be taken into account when evaluating the market value of the upcoming month. It is i...

Litecoin Price UK

6 Mar 2023 1 minute read 0 comments coinpassglobal

Litecoin and other forms of cryptocurrency are being investigated by increasing numbers of the general public as a way to invest their savings. If you have not heard of Litecoin or are unsure of the cost of Litecoin in the UK, you are in the right pl...

How to Sell Litecoin (LTC) in 2022 in 3 Easy Steps

3 Mar 2023 1 minute read 0 comments coinpassglobal

There are many digital assets out there, and more people are getting into the world of cryptocurrency. If this is the case for you, then you will be interested in Litecoin. Litecoin was developed using the same technology as Bitcoin, which is no...

SpiderByte(SPB) - A Spider Moving Towards Success

1 Mar 2023 4 minute read 2 comments Eddyc

  Greetings Friends;   In this article I will describe and reflect about SpyderByte(SPB) a project that carries an accumulation of experiences that can be associated as a briefcase that connects in a web. What does this mean? It means that despite t...

Zero Markets- the best place for trading Forex, Shares, Indices, Commodities & Crypto

28 Feb 2023 1 minute read 2 comments ShadowCrypto

Zero Markets- the best place for trading Forex, Shares, Indices, Commodities & Crypto   Zero Markets - Complete platform for trading Forex, Shares, Indices, Commodities & Crypto. Operate Really. It's not a simulation like some apps you see out there...

How I'm stacking some LTC

7 Feb 2023 1 minute read 0 comments Lazincome

Welcome back to my blog, today the topic is: how I try to earn some Litecoins waiting for the coin to pump. I think LTC is great, I mean, low transaction fees, fast payments, just as simple as that. To gain some LTCs I'm doing nothing too complex, ac...

Most Decentralised Crypto List

6 Feb 2023 4 minute read 1 comment Stormgain

Decentralisation is one of the core principles of the very idea of cryptocurrencies, but the level of decentralisation can vary greatly among different projects. In this article, we'll break down which cryptocurrencies can be considered decentralised...

Litecoin's prospects for a rally in 2023

2 Feb 2023 2 minute read 0 comments Stormgain

Litecoin was created in 2011 to process transactions faster and cheaper. Blocks on its chain are created four times faster, and transaction speed reaches 56 transactions per second (TPS) compared to Bitcoin's 7 TPS. The coin must be mined, its emissi...