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.


How I Earned $248 Doing Surveys And Received It In Crypto!

1 Jul 2020 2 minute read 1 comment Sapphire

Earning Crypto Outside Of Crypto A lot of people miss out on great opportunities to earn Crypto because they look only to opportunities within Crypto. There are a number of opportunities you can mold into Crypto money trees and Ysense is one of them!...

The different classes of blockchain applications

30 Jun 2020 6 minute read 0 comments Jumble

Introduction It is possible that blockchain applications can make life easier. This is because for much of what you do every day will be: improved optimized automated. A previous post gave a general list of blockchain applications. This post will g...

Earn And Withdraw Crypto In A Day!

30 Jun 2020 1 minute read 6 comments Schire

Hi guys! I have made a lot of posts before about legit crypto sites but some of those sites will take you like a month or so before you will have your pay-out. So now I will be sharing with you my list of crypto websites where you can earn and withdr...

Huobi Pool added BitcoinHD (BHD) distribution to HPT holders

30 Jun 2020 1 minute read 0 comments Jakonfire

Huobi Pool added BitcoinHD distribution to HPT holders Today was the first day Houbi distributed 17 Cryptos to the HPT hodlers. I can hardly believe how quickly it gets more and more. Since today you also get BHD airdrops depending on the amount of H...

​How to Earn Passive Income on Your LTC with Bitrue’s Piggy Power

30 Jun 2020 2 minute read 1 comment Crypto Adventure

Bitrue, a leading cryptocurrency exchange with financial services, has continually rolled out features that bring personal investment opportunities to users who hold cryptocurrencies.  And now, hot on the heels of BCH coming to Power Piggy, the inves...

QuantaEx 20k QUDC $Giveaway - Learn trading FREE with QBTC/QUDC and Earn

29 Jun 2020 1 minute read 2 comments FreedomBuilder

  🎁 Total Reward: Receive 20,000 QUDC for free, able to trade with them and make profit out of it. ☑️ QuantaEx Already listed on Coinmarketcap. 👉 Register at QuantaEx Exchange (NO KYC). 🎯 Airdrop Rules:📌 Register at QuantaEx & verify your Email.📌 Jo...

Poloniex Exchange - 50,000 TRX Giveaway by Justin Sun the Founder of TRON.

29 Jun 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward:☑️ Complete tasks from the Airdropbot & The first 500 participants will share 10,000 TRX.☑️ Top 100 users by earned points from Airdropbot will win from a prize pool of 10,000 TRX depends with their contribution in the total points e...

Coinpot Challenge Day 57- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

29 Jun 2020 1 minute read 6 comments Zemiatin

Hello guys. This is day 57 of my coinpot challenge. Here is how my earnings look today: And this is how it looked in my last update: Now, let's convert what we have today to $: BTC           0.00056256             =                 5.12$ (I als...

Crypto Website Review: Litecoinads

29 Jun 2020 2 minute read 0 comments Schire

Hey there! Today I'll be making a review about Litecoinads. Litecoinads is a litecoin-earning site wherein you earn by doing PTC, CPA/GPT offers, and many more. There is no minimum amount for withdraw via FaucetPay or WalCrypt, but for Payeer withdr...

Why bitcoin will reach $100,000, explained simply

28 Jun 2020 2 minute read 2 comments Roberto D.

Jesse Powell, CEO of Kraken, one of the longest running and best known exchanges in the world, said that Bitcoin will soon hit $ 100,000. In a recent interview with Bloomberg, Powell has specified that Bitcoin will be an effective hedging instrument...