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.

Why is important to hold your cryptocurrencies!

21 Apr 2020 1 minute read 4 comments PVMihalache

  In December 2014 , my brother told about a virtual coin with great prospect to be the future currency of the world. I laughed so hard but I listened to his story. Was a bit of a fairy tale to believe that a virtual coin can be the future in global...

TOP 4 cryptocurrency news from the past week (BAT, ADA, XLM, XRP and LTC)

18 Apr 2020 2 minute read 5 comments Call me Steven

The cryptocurrency world is moving at a stupendous speed. Let's go through the top crypto news for BAT, ADA, XLM, LTC and XRP from the last week.   4. GMO Coin exchange announced BAT lending 7 days ago, the Japanese cryptocurrency trading giant - GMO...

Price Update: Cryptocurrency Markets Increase By 0.77% But There Is A Big Bull Run Coming

18 Apr 2020 1 minute read 2 comments Dominus1

Good day as usual, it a brand new day for crypto traders, hodlers and just curiosities. When I say curiositors, I mean those curious about what cryptocurrency is and have an interest in owning a cryptocurrency token of choice. Let get back to busines...

Fair BTC, LTC And EOS To Dollar Price Prediction

17 Apr 2020 1 minute read 0 comments Dominus1

Let delve into cryptocurrency price prediction for BTC, LTC and EOS against the US$ dollar for April 17, 2020. Bitcoin Price Analysis: BTC/USD BTC/USD toughest hurdle lies in between $7,070 and $7,116 The cryptocurrency market has been on and off th...

HoneyGain IS LEGIT - Payment Proof

17 Apr 2020 7 minute read 30 comments Thomas Wolf

Update 5-4-2020:  The second cash-out was seamless and paid in under 24 hours, the process was far easier.  I posted a pictoral of what payments look like once you have the payment system established for subsequent cashouts. When I originally wrote...

Litecoin Review 2020

17 Apr 2020 5 minute read 3 comments ChangeNOW

Today we are covering an topic of Litecoin – an altcoin ranking 7th on Coinmarketcap. We’ll talk about the history of Litecoin, LTC mining, how to buy Litecoin, and more. Litecoin is one of the earliest forks of Bitcoin. It’s basically a copy of Bitc...

Cryptocurrency Markets Increase Asset Values To Almost 7%. BTC, LTC, Eth, BAT etc Gains

17 Apr 2020 1 minute read 2 comments Dominus1

Good day friends and loved ones. It another great day for all Cryptocurrency traders. As at the time of writing this article, cryptocurrencies worldwide has increased 6.65% on asset values. With leading digital currencies and tokens like BTC, ETH, LT...

Is USB Mining Profitable?

17 Apr 2020 3 minute read 26 comments AverageVancouverite

Is USB Mining Profitable? Having mined cryptocurrencies, especially Bitcoin, Litecoin, and Monero, for several years, it isn't uncommon for friends, family and others around me to tell me that they've heard about "USB Miners" and ask whether they're...

The only truly paying telegram bot! [LITECOIN LTC]

16 Apr 2020 1 minute read 0 comments Ryuji

Like all my articles I will be brief!This bot allows us to earn satoshi simply by visiting websites, starting a bot on telegram or staying for x hours in a telegram group/channel. You can request your payment after reaching the figure of 0.0004 LTC! ...

Cryptocurrency Markets Are Down Again By 3.86%. Is The Future Bright Or Bleak?

16 Apr 2020 1 minute read 6 comments Dominus1

Good day friends, it's another day for us all to enjoy but not so enjoyable as cryptocurrency market prices in various tokens are down. The future for most cryptocurrencies look bleak for now with regards to how the market trend has undertaking. Over...