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.


There Are A Few Days Left For The Litecoin Halving Event And Here We Show You The Best Accumulation Points

20 Jul 2023 2 minute read 0 comments Rubikkav

As described by HeraldoBinanrio, cryptocurrency Litecoin (LTC) has had a significant recovery in recent weeks, standing above the line of 93.77 dollars, still without reaching its best period of the year when it reached 106 dollars, but this cost cou...

Top Traded Payment Tokens on KuCoin You Need to Know About

18 Jul 2023 1 minute read 2 comments KuCoin Blog

Satoshi Nakamoto's vision for Bitcoin as a decentralized cryptocurrency has evolved into a transformative force in the finance industry by 2023. Blockchain-based decentralized payment networks offer enhanced security, transparency, and efficiency, re...

Prepared for the LTC Halving?

17 Jul 2023 1 minute read 3 comments AX17

I am looking forward for the next Litecoin halving event which is scheduled to take place on 2nd of August 2023. Such event is scheduled every 4 years in the LTC blockchain.In past these events took place in 2015 and 2019, this year’s halving being t...

Swing Trades & The Maturation Of The Current Market

4 Jul 2023 2 minute read 0 comments Sapphire Crypto

Analyzing Your Environment Various assets, will at different times perform and react rather uniquely. Determining the state or phase of a particular market is imperative, in terms of establishing and securing your trading approach. Regular readers wi...

Litecoin Lights up the Crypto Sky: EDX Listing and Surge in Value Leave Investors Delighted

3 Jul 2023 3 minute read 2 comments XTRM™

Today's little SEO intro is a delight and joy to type out: Litecoin Lights up the Crypto Sky: EDX Listing and Surge in Value Leave Investors Delighted... You see, that made you smile... Well, my fellow traditional digitalist's and astute crypto enth...

Litecoin (LTC) Is Still Around... But Why?

2 Jul 2023 4 minute read 4 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Funniest crypto June 23

24 Jun 2023 2 minute read 4 comments Dave Sawyer

Crypto fans, WE LOVE YOU!!! So happy to be here with your mighty Watch Army, laughing our way to a crypto future above fiat!!  warmup funnies - LItecoin is mooning ahead of the halvening!! AH ha!! What's funny lately?? There is SO MUCH good crypto n...

Litecoin's Halving: The Crypto Event of the Summer You Can't Miss!

23 Jun 2023 4 minute read 0 comments ChangeNOW

Cryptocurrency enthusiasts are eagerly anticipating one of the most significant events in the world of digital assets - Litecoin's halving. This event, scheduled for August 2, 2023, is poised to have a profound impact on the price and future of Litec...

The Crypto Market Is About to Change: Here's Why BTC and ETH Could Be The Big Winners

22 Jun 2023 1 minute read 0 comments Cryptofab

The crypto market is about to change, and I'm not talking about the latest price fluctuations. I'm talking about the big players in the space. Institutional crypto exchanges are starting to launch, and they're not messing around. These exchanges are...

Litecoin halving

19 Jun 2023 1 minute read 0 comments Vladan Lausevic

Halving in cryptocurrencies refers to the process of reducing the rewards given to miners for verifying transactions and adding blocks to the blockchain. This reduction is done to control inflation and preserve the value of cryptocurrencies. Litecoin...