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.


What is cryptocurrency

4 Jul 2019 1 minute read 0 comments quintomudigo

  Cryptocurrency is internet money created on its own blockchain whose transaction takes place between two peers without the involvement by the government.                           How many cryptocurrencies do we have Currently, there are over 1000...

My Crypto Journey with Litecoin Lisa

4 Jul 2019 1 minute read 0 comments Mamaecrypto

Loved sharing my crypto journey with this amazing crypto sister @lisamightydavis. I had some technical difficulties and unfortunately we could not reconnect so hope we get a change to get together again and continue this great chat. If you feel compe...

Update 13: Cats cryptocurrency prediction experiment!

1 Jul 2019 1 minute read 0 comments Piet246

After a week in which BTC skyrocketed to  13.800$ and came down to earth back to 10.500$. I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat...

Why You Need To Understand Bitcoin And Litecoin Halvings

29 Jun 2019 1 minute read 6 comments Scott Cunningham

Bitcoin rewards are halved every 210,000 blocks mined. Litecoin rewards are halved every 840,000 blocks. Why does this matter? It affects the price. Let's dive into how. The current reward for miners mining blocks for bitcoin is 12.5 and it will decr...

INSTAR’s Block’tivity Ranking Keeps It Ahead of Heavyweights Such As Litecoin, Doge and Bitcoin Cash

25 Jun 2019 3 minute read 0 comments Blockspectator

Before investing in anything, due diligence is highly advised. Block’tivity is here to help every investor discover their best possible investment option in the cryptocurrency exchange market. Block’tivity combines several variables to come up with t...

Update 12: Cats cryptocurrency prediction experiment!

23 Jun 2019 1 minute read 0 comments Piet246

After a week that was the big breakout of BTC above the 10.000$ mark. I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum...

Litecoin announces the release of a debit card - Blockcard Supports LTC, BTC, ETH and More

21 Jun 2019 1 minute read 1 comment Mamaecrypto

The Litecoin Foundation announced recently the release of its much anticipated project, the Blockcard debit card.  The debit card will enable Litecoin holders to load their Visa Blockcard with Litecoin and spend their Litecoin assets as cash anywhere...

Litecoin (LTC) will release a credit card

20 Jun 2019 1 minute read 0 comments Chriss Airdrop

Litecoin (LTC) will release a credit card in partnership with Bibox and Ternio   It seems that the trend towards cryptomoney-based credit cards is returning in force. After the Coinbase exchange, it is the Litecoin Foundation that announces a Litecoi...

Litecoin is the maximum winner of the top 10 market in the day.

19 Jun 2019 2 minute read 8 comments daniejjimenez

The lateral movement of Bitcoin prices and many cryptocurrencies has generated some stability in the cryptographic market, with a slightly stable volume at levels of $ 286 billion dollars and a BTC dominating the scene with 56.8 percent. This has ge...

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

18 Jun 2019 1 minute read 0 comments Workin

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600. In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch...