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.


Alts to watch! 6/14

14 Jun 2021 1 minute read 3 comments F Sharp

  So I keep coins on my emergency watch list I call & hold, from that list. Also, keep in mind this is also for short term trading in some circumstances waiting to sell at a higher price maybe more profitable.   Coins with momentum to watch!!! Take s...

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

In which currency would you like to be paid: BTC, BNB, ETH... Or USD?

8 hours ago 1 minute read 1 comment Cryptofab

Think about that simple question: you are about to be hired for a job. The boss gives you two options for your salary: USD or BTC? Which one would you choose? Some possible thoughts below: 1) What can I buy with BTC? I have read somewhere that I can...

The Grind to Rank 71 on Cointiply

9 Apr 2020 9 minute read 39 comments Thomas Wolf

I felt this was important to share because it has been my largest earner.  I also feel people quickly overlook the importance of how to utilize functions on the site that make you money faster and easier which is why not many people do it.Most people...

DOGE's long-term survival demystified

4 Jun 2021 1 minute read 2 comments felipejoys

Dogecoin, the most iconic meme blockchain ever created, still prints tokens worth money. It is all the way up there in the top 100 cryptocurrencies, ranked today as #6. The question is: why? If it offers nothing new and everything is already being do...

Earning Interest on your Crypto on Centralized Financial (CeFi) Platforms

10 Jun 2021 1 minute read 0 comments Hal the Bohemian

If you are a literal boomer or have know one for a long enough you probably know that there was a time when a "high interest savings account" truly was a savings account which was guaranteed to give the depositor a high rate of interest.  Rates as hi...

The Bull Continues to Run: Bitcoin (BTC) Hits New All Time High of $32428; Alt Markets Continue Their Soar.

2 Jan 2021 1 minute read 2 comments bettercallpaul

Bitcoin (BTC) Hits New All Time High of $32428 by  W. Paul Alexander for  Better Call Paul Blog    [Jacksonville, Florida 12:08 PM 01/02/2021]  Optimism for the New Year continues to drive crypto markets on the second day of 2021.  This is a very,...

Understanding Crypto Taxes - Don't Let the FUD Scare You

8 Jan 2021 3 minute read 6 comments bettercallpaul

Understanding Crypto Taxes - Don't Let the FUD Scare You by William P. Alexander  for  Better Call Paul Blog Hey Everyone!  After seeing a few articles on here regarding Coinbase and other US-based cryptocurrency companies and their plans to tax o...

Whats the future of these 3 Gladiators

1 Jun 2021 1 minute read 0 comments Defiant Pathfinder

I chose 3 alt-coins and i am going to do a short analysis on them to see where they are herding. I am going to analyze the price, capitalization and supply  and they are as follows: Bitcoin Cash Litecoin Ethereum Classic Bitcoin Cash is the produc...

Check out my physical LiteCoin!

19 May 2021 1 minute read 0 comments LoveCrypto

Hey all, I just bought a physical LiteCoin! OK, it’s not actually a physical LiteCoin – those don’t exist. It is a 1 Troy Oz Silver Bullion LiteCoin though. And it is beautiful. I love gold and silver as much as I love Crypto. Maybe a bit more just...