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.


New Stuff Added on Binance That You Should be Aware Of

12 Feb 2020 1 minute read 3 comments kingscrown

The fastest-growing in the world exchange - Binance added new stuff today and in the last days that I think every crypto trader should not miss. Weekly Altcoin Price Fluctuation Ranking They got aware many people dont get history or how to read chart...

Litecoin partner with lending platform cred

11 Feb 2020 1 minute read 1 comment CryptoArgha

Litecoin also known as Digital silver which is currently world 5th largest crypto currency Recently Litecoin announced about their strategic partnership with cred a lending platform Cred - A san Francisco based crypto lending and borrowing platform t...

Stakenet Facts and Giveaway!

11 Feb 2020 1 minute read 0 comments DaniBom

Stakenet ($XSN) will be commencing active efforts to promote facts about Stakenet to the public. As the launch of the Stakenet Wallet is near (a unique Lightning Network non-custodial multi-currency light wallet), and the first Stakenet decentralized...

A stablecoin could easily resolve a huge problem of many tourists

10 Feb 2020 1 minute read 1 comment utaini

I just came back from Denmark and while I was there I realized that a stablecoin could easily solve a huge problem that many tourists face while abroad: currency exchange and payments. I tell you my story as an example. I booked a flight to Copenhage...

DeFi - pTokens, create your own Litecoin (pLTC)

10 Feb 2020 1 minute read 3 comments renabs94

pTokens has announced the launch of the new ERC-20 token, pLTC, which will represent Litecoin on the Ethereum blockchain. For now it has been launched on testnet, as well as the two predecessors pEOS and pBTC. Litecoin is currently the sixth largest...

Sell Your Stuff Online and Get Paid in Crypto! Heck ya!

9 Feb 2020 1 minute read 5 comments Autumn1962

It is the modern, updated version of Ebay. No paypal, no credit cards, no giving out your bank information to a third party. Those days are GONE I tell you! Good riddance.  I have been looking for a reason to leave Ebay for ohh  . . ten years?? Dont...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

SUPER BULLISH SIGNAL Sent By The DINNER Between WARREN BETWEEN And JUSTIN SUN - INSTITUTIONAL SIGNAL ?

8 Feb 2020 1 minute read 0 comments Digital Asset Thinker

Hello dear friends,  you probably saw, recently on the crypto social medias, this photo circulating. In this article, I am going to explain to you why this 5 MILLIONS DOLLARS DINNER IS SO IMPORTANT FOR CRYPTOCURRENCIES : In fact, on the same photo,...

My Withdrawal Of New LTC Legit Telegram Bot

7 Feb 2020 1 minute read 2 comments Noha

Hi guys welcome to my blog. Today I wanna share with you a new LTC telegram bot and here is the amazing surprise 😲 it is legit and paid 💯 and you can earn daily of course just do simple tasks. So join now and solve the captcha it will send then you w...

Limited Edition Litecoin Poker Chips Available for Purchase at CryptoPopUp store

7 Feb 2020 1 minute read 1 comment Mamaecrypto

Support the Litecoin Foundation by purchasing the Collectable Litecoin Poker Chip created for the 2019 Litecoin Summit Las Vegas. These are limited quantity poker chips, created by the Litecoin Foundation graphic designer Dani T.  Only 500 pieces wer...