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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.

It's the perfect time to purchase Litecoin

12 Oct 2022 1 minute read 0 comments Stryder TRX

Litecoin has always been under the radar. But recently this is all going to change. If you want a chance to gain substantial funds buy LTC as well as other underdog crypto. Why one might ask? Because this is the time to be able to get ltc at a cheap...

Zero to Hero ~ October

9 Oct 2022 1 minute read 61 comments ZeroRequiem

Hey Peeps!   The Votes are in....and we had actually had a 5-way tie for Crypto Reward of the Month! ADA, XTZ, BTC, LTC, and ETH all received 2 Votes each.  When there is a tie we go to the Wheel of the Crypto Gods to decide!     For October, the Wh...

A new Double Launchpool arrived - Earn BSW and LTC on Biswap

28 Sep 2022 2 minute read 0 comments ShadowCrypto

A new Double Launchpool arrived - Earn BSW and LTC on Biswap Join Biswap Now:       Here is a new chance to accumulate good cryptocurrencies as we pass through Bear Market, Biswap's newest pool now genera...

How to Choose the Right Cryptocurrency Wallet for You

19 Sep 2022 3 minute read 1 comment Blockchain Dude

Cryptocurrencies have exploded in value over the last few years, and they’re continuing to become more mainstream as a means of payment. Consequently, the demand for cryptocurrency wallet solutions has also risen significantly. While most people may...

Introduction To Litecoin: The Little Brother of Bitcoin

17 Sep 2022 3 minute read 0 comments Blockchain Dude

Litecoin is the silver to Bitcoin’s gold. While Bitcoin is a digital currency that can be traded for fiat money, other cryptocurrencies such as Ethereum and Litecoin are accepted by a growing number of merchants and vendors. The world of cryptocurren...

Can Litecoin Still Be a Good Investment? LTC Pros and Cons

5 Sep 2022 7 minute read 2 comments Swapzone

Litecoin (LTC) is a digital currency created in 2011 by Mr. Charlie Lee, a graduate of the Massachusetts Institute of Technology, as a replica of Bitcoin. It has many similarities with Bitcoin but was built to be better and more scalable. The initial...

Peer2profit | Withdrawal Tutorial | Payment Proof | Passive Income | Paid To Share Your Bandwidth

4 Sep 2022 1 minute read 0 comments CryptoEarnings101

In this YouTube video below, I'll show you how to withdraw money from Peer2Profit to your Binance wallet. I'll also provide live payment proof that the transaction went through successfully. In this video, you'll also learn how you can get paid passi...

Canada limits crypto investments to 30.000 CAD per year

18 Aug 2022 2 minute read 7 comments Kovichni

Last time I wrote something about the nation led by a blackface enthusiast, it didn't look too good for the free flow of money/crypto. So it shouldn't come as a surprise that they imposed some 🐎💩 restrictions and regulations regarding crypto now, but...

How To Add Litecoin (LTC) Wallet Address to Metamask | Litecoin (LTC)

15 Aug 2022 1 minute read 0 comments Crypto Ustaad

How To Add Litecoin (LTC) Wallet Address to Metamask, Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. To learn more about this project,...

The most popular fork of Bitcoin is Litecoin (LTC) + How to earn it with $0

10 Aug 2022 1 minute read 0 comments EzzeEth

The most popular fork of Bitcoin is Litecoin (LTC). As a fork of Bitcoin, Litecoin was able to accommodate the following benefits:   🔹 It takes an order of magnitude less time to complete transactions. This is due to the reduced block generation time...