Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

811 Articles 1678 Followers

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.


Litecoin explained in 100 words or less.

2 Feb 2020 1 minute read 0 comments MadMaxx

The prodigal son. Litecoin was created to counteract and fix all the problems of Bitcoin, such as slow transaction times. Basically, they are identical in all aspects. They have the same block size, they have the same limited number of coins availa...

Litecoin to Rise due to MimbleWimble ?

2 Feb 2020 1 minute read 4 comments kingscrown

Mimblewimble is a blockchain protocol created to improve privacy, fungibility, and scalability of blockchains. It was published on July 19, 2016 under the pseudonym "Tom Elvis Jedusor" which is the French name of Voldemort from Harry Potter. First it...

stop loss orders, and why 'reduce-only' is so important (Binance Futures live example)

1 Feb 2020 4 minute read 3 comments oceanloader4

I wrote a few posts with scattered information about Binance Futures altcoin markets, and in each one I bang on about stop loss orders. I figured it's time to explain a bit more fully how to use them (well, how I use them anway).   DISCLAIMER: I am a...

LITECOIN RETURN TO 7th POSITION ON COINMARKETCAP RANKING

31 Jan 2020 1 minute read 1 comment Otek

  Currently Litecoin return to 7th position ( by Market Cap) on top cryptocurrencies list according to Coinmarketcap ranking: CoinMarketCap ranking   As You Can see Litecoin with marketcap $4,225,785,660 overtook EOS which is at 8th position (with m...

HELP - How Can One Withdraw Crypto (Bat, Eth, BTC etc) Into African Bank Account

31 Jan 2020 1 minute read 7 comments Dominus1

Cryptocurrencies is the new money which everyone is rushing to get, either Bitcoin, Litecoin, Etherium, BAT, Bitcoin Cash etc. There are many apps and websites that let u buy crypto or earn crypto for free such as Publish0x, Brave, Browser, Cryptota...

Litecoin (LTC): Hodling or NOT hodling, this is the problem - Weekly Price Prediction

31 Jan 2020 1 minute read 2 comments Roberto D.

Litecoin: weekly market analysis (from January 25th to January 31st 2020 on BTC / LTC pair)   BTC / LTC hold or not hold, that's the problem In principle, I would be tempted to expect a retracement, even a rather heavy one, if only for a one month ti...

PRICE PREDICTION; ETHERIUM AND LITECOIN PRICE TO REACH MAXIMUM HIGH

31 Jan 2020 1 minute read 4 comments Dominus1

ETH =184.58 LTC=69.5 Etherium and litecoin are on the bullish rise lately with Etherium currently trading at $184.58 at the time of writing whiles litecoin is trading at $69.5 dollars. The trend seems bullish and my clean conscience tells me that the...

Review of the Gridseed Blade SCRYPT Miner

31 Jan 2020 1 minute read 1 comment AverageVancouverite

The Gridseed Blade SCRYPT Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, Verge, etc.) Hashrate: Up to 5.2 MH/s Chip: 2 panels with 40 GC3355 Chips each (Totaling 80 chips) Power use: Under 150 Watts The Review: Released in 2014,...

Gamble with Sportsbet.io - a small sports betting and Casino

30 Jan 2020 3 minute read 2 comments renabs94

Sportsbet.io is a cryptocurrency betting site and casino founded in 2016. The site is part of the Coingaming Group, which runs also the cryptocurrency casino Bitcasino.io. There are also quite significant amount of casino games available: total of 21...

Top 3 Crypto Payment Organizations in Singapore

29 Jan 2020 3 minute read 2 comments pheonixdown-dee

  Crypto Payment Organisations in Singapore Singapore is a well-known economic powerhouse that is small in size, yet home to over 5.6 million people. This little nation sits strategically in SE Asia as a key international centre of trade which connec...