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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.

12 May My Technical Analysis

12 May 2022 2 minute read 0 comments Biologist25

$LUNA Not the slightest reaction. 11 USD was an important level, but it broke through. Only today the drop is around 70%.The Do Kwon recovery plan did not work either, technically there is support at the level of 4 USD, but we will wait and see wheth...

Swapnex is happening, ROI is growing

29 Apr 2022 1 minute read 0 comments TheCryptoGambit

Hi, nice people. After my two stories, Swapnex : A new art of arbitrage trading and want to double your money in 36 days or less? It could be a scam, or maybe not?, I am back with an update on my running bots. I have been running several bots with se...

This Will Be Another Big Move Litecoin | LTC Price Prediction 2022

9 Apr 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas:   To check the Patreon trade success testimony, you can watch this pinned post:   In order to play and watch the current...

Litecoin Giveaway

30 Mar 2022 1 minute read 0 comments CrazyDelver

This app is very similar to the free bitcoin cash app. You get the same free spins every hour, no watching of ads required. You can however watch an ad for the bonus game or for free spins, personally I find that the free spins are worth it more (if...

Lite Coin Mobile Mining!

29 Mar 2022 2 minute read 3 comments BenFlipFlopCrypto

Lite Coin Mining on your Mobile   Here's a step by step guide - from installation to getting your first free litecoin. @ysengr0 introduced it to me, unfortunately he isn't active on hive. I turned it on for less than 24 hours and I've already bagged...

Litecoin (LTC) price prediction 2022-2030

17 Mar 2022 9 minute read 0 comments Stormgain

Some investors are proud of Litecoin, while others are disappointed with it. LTC's biggest failure was in 2018. Since then, it has performed better. Still, for the most part, people don't believe in Litecoin, which is why LTC lost its positions, acco...

Is Monero About To Gain Increased Adoption?

3 Mar 2022 3 minute read 0 comments Sapphire

Deviation From The Satoshi Model I don’t think Satoshi envisioned the ecosystem that is now, Cryptocurrency. Perhaps he considered that there would be a handful of knockoffs entering the market when it became apparent that Bitcoin was indeed securing...

Using Litecoin to Save On Fees

2 Mar 2022 3 minute read 2 comments BitcoinGordon

This is a very narrow topic in scope. Your personal methods of buying, selling, trading, investing, HODLing may prove different strategies. It is my personal multi-year experience in crypto, that unless you have proportionately massive gobs of money,...

Best Cryptocurrencies to Invest in for 2022

21 Feb 2022 7 minute read 2 comments Urban Crypto

It wasn’t very long ago that cryptocurrency was largely associated with unsavory and malicious activities on the internet. The introduction of decentralized finance to the computational world created a massive demand for cryptocurrencies when it firs...

Litecoin and MWEB: What Is It? Does It Matter? What About Gordon's Concerns?

13 Feb 2022 4 minute read 3 comments BitcoinGordon

  Many in the Bitcoin community will tell you "Bitcoin, not crypto" and I get it. You will see strong anti-crypto sentiment.  "If anyone says crypto and not Bitcoin- block 'em, unfollow 'em". But then, something funny... strange happens. They say "bu...