Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

383 Articles 715 Followers

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. - a new one

1 hour ago 5 minute read renabs94 $0.08 tipped

Cryptobet is a new site, founded in 2019. it was born from a collaboration with the crypto startup Tokenpay, from which it then detached itself. it is based on a mining model: for each mBTC bet you receive a variable amount of CBET tokens, with which...

Should you use trading bots?

11 hours ago 2 minute read MadMaxx $0.21 tipped

Trading bots are old news right now. Old news in the sense that they have been existing for quite a while now. And while trading bots were created to be perfect, they are usually anything but. Want to find out more, and if you should use them? Stick...

Litecoin decline has begun.

15 hours ago 1 minute read MadMaxx $0.24 tipped

I called this. So some time ago(I believe yesterday), I advised that it be best that traders close their longs on LTC, because it was quickly approaching resistance 1. You can check out my post here if you think I couldn't have called that. Well, L...

Legit Telegram Bots that Pays With Crypto

18 hours ago 1 minute read Dominus1 $0.25 tipped

There are many Bots in Telegram which claims to be legit and pays crypto or PayPal for doing easy jobs like sharing of links, visiting websites, messaging Bots as well as inviting friends via invite links. But are they all legit? No! Not all of them...

The first Swiss private banking group launches a cryptocurrency custody and negotiation service

20 hours ago 1 minute read Roberto D. $0.18 tipped

Julius Baer, ​​the first Swiss banking group in the field of wealth management (deals exclusively with private banking and managed savings for private and institutional customers) with a portfolio of 320 billion Swiss francs, has launched a cryptocur...

LTC overview for today: Close all open positions.

1 day ago 1 minute read MadMaxx $0.35 tipped

Welcome to the first post in this series! In this series, I'll pick apart a certain Cryptocurrency and it's daily chart. Then I'll tell you what I think, and if I'd personally enter a trade or not. Oh, and these will all be cryptocurrencies I own. I...

BTC $10000 is coming

1 day ago 1 minute read matim10 $0.26 tipped

Whoever took advantage of the last fall will end up with better results than expected, will go to $ 10,000 easily, and faster than the expected 6 months, most say, until the end of February is there. There will be another small drop, but not as big a...

TRX Forecast: stability and deceleration with multiple points of purchase

1 day ago 1 minute read matim10 $0.12 tipped

I saw in several places that the TRX will reach 500% of appreciation in 2 years. It is very viable, stable currency, multiple uses, present in gambling and various games. Low fees, and that old story of stability vs. volume well adapted. The truth is...

High Hopes For Bitcoin, Ethereum, Litecoin, BCH, As They Kick Off The Week With Strong Bullish Action

1 day ago 1 minute read zogintl $0.25 tipped

With the crypto market ending on a low note last week, the strong green bars on Monday morning have rejuvenated the dimming hopes on most crypto investors. Almost all crypto assets led by Bitcoin, have shown early signs of recovering from last week’s...

Biggest flaw using a Ledger (hardware wallet) - part 6 How to store your crypto

1 day ago 1 minute read bitcoindelight $0.26 tipped

I started to talk about the main differentiator between a software and hardware wallet in the last part. Additionally, I covered why people have lost crypto in the past. Today I want to add some more value to the topic.   If you haven’t read the prev...