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.


My Current Crypto Holdings and Why

4 Sep 2019 1 minute read 7 comments MobiusMan

The first thing I'll admit is that I am not an expert when it comes to blockchain technology and crypto assets. Nevertheless, I'm drawn to them because I feel that some will lead the way to revolutionize the world, much like the internet has over the...

Facebook make a strategic hire to try and push Libra over the line

4 Sep 2019 1 minute read 2 comments goldenforex

Facebook have procured John Collins, an accomplice at FS Vector, to campaign on blockchain strategy. The contract comes as Facebook has unsettled numerous administration plumes and they are currently hoping to make progress to simplicity concerns. Th...

There is a trading opportunity to buy in BATETH

3 Sep 2019 1 minute read 2 comments goldenforex

Technical analysis: . BasicAttentionToken/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility...

What are cryptocurrencies based on? What supports technology, what moves prices, how does the market work?

2 Sep 2019 3 minute read 1 comment Roberto D.

Cryptocurrencies are based on cryptography, it is the name itself that suggests it, but for many people, especially the early days approaching this technology, this means almost nothing; therefore I try to be as clear as possible and to explain well...

Litecoin market update: LTC/USD sluggish above $62

30 Aug 2019 1 minute read 1 comment goldenforex

Litecoin breaking breakdown discovers support above $62.   Inversion is torpid albeit specialized pointers are prepared for an up-drifting business sector. Litecoin is falling behind its friends in the progressing recuperation. A shed of green is spr...

Litecoin price analysis upside capped under $66

29 Aug 2019 1 minute read 0 comments goldenforex

Litecoin cost crushed through the $70 bolster like an unstable gadget in the mines. Specialized markers: Recuperation is conceivable yet the obstruction at $66 will be a hard nut to open. Litecoin dropped like a dead weight noticeable all around afte...

Learning and Building Blockchain is hard - here's why!

27 Aug 2019 5 minute read 6 comments CryptoArgha

Blockchain is a modern technology created in 2009 by a man named Satoshi nakamoto The hype and chase around this technology is raising day by day and people are trying to learn explore the potential of this technology. Blockchain has a great future a...

Alien Apps Faucets Paid Out OVER $11,000 in August!

27 Aug 2019 1 minute read 22 comments Bitcoin Aliens

Combined across our apps we've paid out OVER $11,500 to a record 164,653 addresses - JUST in August! Free BCH On just our Free Bitcoin Cash app we've paid out a total of $8300 in more than 111455 transactions JUST in August. This equates to 27.32602...

If Cryptos Were Animals

26 Aug 2019 1 minute read 6 comments Cryptolohy

The following article is made mostly for fun, but I think it might also help to convey interesting information to a newbie in a friendly and easy way. So, without further ado, let's begin   Bitcoin I imagine the oldest and most resilient crypto bein...

Litecoin After Halving

25 Aug 2019 1 minute read 0 comments darianosch

Litecoin After Halving Litecoin's Hashrate is down 28% since it was halved, LTC drops to $74. The hashrate of Litecoin's network is falling heavily. After halving in early August, the hashrate fell by 28%. This is because the block reward for the min...