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 to store data on a blockchain ?

13 Sep 2020 1 minute read 0 comments yanis

In my previous article, I talked about using a blockchain-based cloud (storj), but ethereum was only used for paying node operators. So in this article, I will give you ways for directly storing data on the blockchain.   1 - OP_returns OP_returns are...

MyCrypto BETA - Easy LRC, DAI and BAT Cross-Conversion

20 Apr 2020 4 minute read 61 comments Thomas Wolf

LRC, DAI and BAT all cross-convert through MyCrypto Beta.  In fact, cross-conversion is really easy! So, if you were worried about LRC being too much of a pain, or worthless, think again.  Most of you are probably ready to instantly cash out to the t...

Venezuela blocks Coinbase and MercaDollar

11 Sep 2020 1 minute read 2 comments Gamma

Venezuelans are starving Internet service providers block the Coinbase and MercaDollar websites at the request of the government... Imagine that tomorrow your funds will be blocked at coinbase and that you will not be able to access them anymore... T...

LocalCryptos: Ethereum Fees "Hurt the Underserved" Like Venezuelans

17 Sep 2020 3 minute read 8 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace LocalCryptos claims that high Ethereum fees have harmed its most underserved customers, highlighting users from Venezuela, who allegedly rely on the platform to sell small amounts of cryptocurrency. In a rece...

What is cooking with Litecoin?

2 Sep 2020 3 minute read 4 comments Mamaecrypto

The crypto market has already warmed up in 2020, and we have seen multiple cryptocurrencies gain popularity and exponential value. As the industry evolved into different sectors, we now encounter a large variety of cryptocurrencies and tokens to pick...

If you register with koindex and complete KYC, you will receive a mining ticket for $ 20! Until September 30th.

17 Sep 2020 1 minute read 0 comments gogoaice5

Click here to register on Koindex   ★How to use mining ticketsYou will need to incur a $ 10 fee to get a mining ticket.You can achieve this by auto-mining for $ 10 and getting $ 10 for Koin.   ★How to use mining tickets When KYC is completed and you...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

11 Sep 2019 7 minute read 11 comments Mr.CryptoWiki

The cryptocurrency market is flooded with varying types of cryptocurrencies with different unique use cases. Some cryptos intend to be transparent and trackable currencies (electronic cash), while others implement privacy features to feature complete...

Full List of Litecoin (LTC) Partnerships, Integrations and Collaborations (2020)

11 May 2020 8 minute read 10 comments list3r

Litecoin (LTC) is one of the oldest altcoins that still exists today. It doesn’t just exist but it is also one of the top altcoins in the top 10 market cap ladder. You can say that Litecoin is the only successful altcoin from the 2011 era. Before we...

Why Blockfi Is My Top Choice For Interest Bearing Accounts

12 Jul 2020 2 minute read 7 comments Sapphire

The First Prize Of Crypto Being in Crypto, one is aware of the reality that holding Crypto is probably the single most powerful investment strategy going into the future. Many of us, myself included, trade the short-term movements and price action. H...

The Tezos (XTZ) Coinbase Staking Experiment

6 May 2020 3 minute read 47 comments Thomas Wolf

Last Updated: 6-08-2020 This one took a while to begin writing about; I had to wait for my Tezos to sit in my Coinbase account for over a month so that way I could build a buffer of time to start seeing staking rewards, a definite upset for anyone l...