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.


Litecoin 2.0 – The MimbleWimble Litecoin

23 May 2020 2 minute read 15 comments paragism

Cover Image Source – modified Litecoin network became live in 2011. The source code was very similar to Bitcoin. The primary differences were decreased block generation time (2.5 minutes), increased supply and a different hashing algorithm. Litecoin...

Selling pressure for Litecoin

21 May 2020 2 minute read 6 comments Cryptonite

  Hello everyone, today I would talk about Litecoin chart, LTC is one of the oldest cryptocurrency and also one of the most traded with constantly more than 2 billions Dollar exchanged every day, we can say that is pretty much liquid. The chart show...

Top 3 crypto news for the week (LTC, BAT, ADA, DAI)

24 May 2020 2 minute read 9 comments Call me Steven

Alrighty, so, without further ado, let's dive right in. This week's top 3 news on LTC, BAT, ADA and DAI:   3. Atari partners with Litecoin Foundation Saying Atari has been here for a while is an understatement. One of the most iconic names in the gam...

Litecoin and Atari Announced Partnership

20 May 2020 1 minute read 3 comments Mamaecrypto

I am always excited when Litecoin has an Announcement, and today the Litecoin Foundation blew my mind when they revealed the news of their partnership with ATARI. If you are a child of the 80's, you not only remember this pioneer Game Console (yep th...

Trump hack update

20 May 2020 1 minute read 0 comments Thingsyousee

The hackers who claimed to have found a ton of dirty laundry on Trump has made a post on there darknet site.   FBI has stated that this hack is considered an act of international terrorism and that negotiating with or paying ransom to terrorists is...

Blogging More Profitable Than Mining For Most

18 May 2020 3 minute read 31 comments Thomas Wolf

I've taken notice of how I've written about all the legitimate earners out there and felt the compelling need to discuss a pit-fall in cryptocurrency - mining vs. other forms of earning.Mining doesn't make as much for most people - in fact, it usuall...

BitMax introduces ONE staking - a whopping 68%!

21 May 2020 1 minute read 1 comment manilpwn

Today BitMax finally began allowing staking Harmony ONE, alongside their already existing staking products - KAVA, XTZ, and ATOM, all available to be staked at reasonable rates of returns comparable to other exchanges.   However, today BitMax introdu...

Transfereuim (TRN) - Project Aims to bring money transferring to blockchain.

21 May 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive up to 45 TRN ≈ $10 & 5 TRN for each Referral. 📈 TRN is Already listed in CoinGecko. ✈️ Start the Transfereuim Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram Group & Say something like that to get your tokens...

Free Litecoin for no work? It's too good to be true!

25 May 2020 2 minute read 7 comments Seumiseu

  Backstory... A while ago when I first got into Crypto, I was scouring ways to earn as much as I could, and as a student I couldn't really put much money into anything at the time. I came across this website which was offering free cloud mining in...

Brave Users Now Receive $15 in FREE BTC When Signing Up for a New BlockFi Account

20 May 2020 1 minute read 0 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. Blockfi lets you put your crypto to work by earning you monthly interest p...