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 block pruning

3 Sep 2020 1 minute read 0 comments yanis

When you start a bitcoin node, you have an option called pruning with a mb (or gb) limit. We know that it allows to free up space, but, how is it made ? Deleting blocksFor freeing space, there isn't 1k solutions, and the most efficient is... deleting...

2 new cryptocurrency available for PornHub

2 Sep 2020 1 minute read 0 comments Galaxie Crypto

Since a few days, PornHub users can use Bitcoin and Litecoin to pay for the premium services of the site. Access to exclusive content on the world’s most popular pornography platform can therefore be done using its two currencies. What is less known...

How does tx ids/hashes run ?

2 Sep 2020 1 minute read 0 comments yanis

On discord, someone talked me about transaction hashes and he thought that tx ids were stored in wallet. But, how does it really run ?   What is hashing ? For people who doesn't understand hashes, it's a (very complicated) mathematical function that...

Gridcoin new big update

2 Sep 2020 1 minute read 1 comment yanis

Hello bitcoiners, it's about gridcoin's next major update, that will be finished within 1 week. I wanted to inform you about. You will be able to download it on their github   improvements : Many bugs fixed 11 months after last stable update, many bu...

Pornhub Now Accepts Bitcoin and Litecoin

2 Sep 2020 1 minute read 2 comments Abhi K

On September 1, pornography website PornHub has added support for payments in Bitcoin (BTC) and Litecoin (LTC). Bitcoin and Litecoin join Verge (XVG), among others, and as payment methods Verge was the first cryptocurrency to be supported by the web...

Pornhub Now Accepting BTC and LTC: BTC Gets F***ED

2 Sep 2020 2 minute read 0 comments FarewelltoMinds

Pornhub Now Accepting BTC and LTC: BTC Gets F***ED   Though accepting Verge for payment since 2018, the world's largest adult streaming site is now accepting both LTC and BTC as payment.  Corey Price, the company's Vice President, had this to say: "A...

Starbucks follows his coffee with the Microsoft blockchain

1 Sep 2020 1 minute read 2 comments Gamma

  Starbucks powered by Microsoft   The new tool, powered by Microsoft, uses blockchain technology and will allow Starbucks to share with its customers the traceability data that the world's largest coffee chain has been collecting for more than a dec...

Bitcoin Era Warning. (scam)

31 Aug 2020 1 minute read 3 comments Gamma

Bitcoin Era is a Scam Bitcoin Era Warning is an automated software for trading crypto-currencies. but there's nothing real about it.   The software operation is supposedly performed by the robot claims that you should only take advantage of the gene...

I RECEIVED 0.08 LTC

30 Aug 2020 1 minute read 4 comments CryptoGain

  HI, Free Litecoin is a cool app that I have been using for over a year to collect LTC. The "Faucet" section allows you to collect several amounts of LTC each hour (jackpot 0.001 LTC). The “Bonus Claims” section is accessible every 4 hours (no jackp...

How to win a Lamborghini? ( no affiliate link )

30 Aug 2020 1 minute read 2 comments Gamma

Win a Lamborghini   You can win a Lamborghini on the website freebitco.in Here are the steps to take part in the draw that will take place in 56 days. There are currently 3,591,837 tickets in play. You can have several lottery tickets in the followin...