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 litecoin LTC

18 hours ago 2 minute read 1 comment connor19977

  Litecoin 101, explaining litecoin for beginners. So litecoin was created in 2011 by a chap named charlie lee, he and the team wanted to create what is effectively Bitcoin but a lite version. Resulting in faster transactions,cheaper sending and the...

Worth The Time Or Not - Effortless Accumulation

28 Jul 2021 2 minute read 12 comments Sapphire

A Small Reward For Little EffortLet's just be clear, you won't make meaningful amounts of Crypto with faucets. You will however be able to freely stack up some extra sats, that may become rather meaningful in time to come. In the short-term, I would...

My Quest turning my Dust Funds into Gold with SwapSpace

23 Jul 2021 9 minute read 8 comments Feax21

Editorial After the successful #myuplandcity writing contest where my article "Upland in the University city of Cambridge" has been awarded a place in the top category and $100 worth of ETH, and back to back Investigations on CoinmarketCap's Learn a...

LTC is Starting to Rise Against BTC

21 Jul 2021 1 minute read 0 comments StarkDead

Crypto took a hit this week because the U.S. stock market did. However, just today LTC is rebounding against BTC:   It's starting to bounce up above its support line. BTC, though, is also rising hard against the US Dollar today: What I will do in t...

What is Litecoin?

21 Jul 2021 2 minute read 0 comments madhavj

Litecoin is not regulated by any government, nor is it controlled by any centralized authorities. Litecoin is referred to as digital silver, just like Bitcoin is referred to as digital gold. It presents the demand and importance of money in the finan...

An ultimate guide to the LiteCoin (LTC) project

19 Jul 2021 8 minute read 2 comments qsyal

As a bit of a crypto "veteran", I find it quite chaos to have more than 7000 cryptocurrencies out there, and most of them are nothing other than scams. And as a kind of celebration of my fourth birthday on Hive, I've decided to start a series of educ...

The Coins that Skipped The Crash, Next week expectation.

16 Jul 2021 1 minute read 0 comments Fety Bernard Etienne(fetinafety)

I have just check out my top crypto of the year on the Crypto market. At the time of writing,   Bitcoin (BTC)  loss 2% in the past 24h   Ethereum (ETH)  loss 2% in the past 24h   Litecoin (LTC)  loss 3% in the past 24h   Polkadot...

Virtually on Cryptocurrency, Forsaking the Fake Fiat

16 Jul 2021 1 minute read 0 comments Wolf2015

I have written a few articles explaining the central bank illusion of a system is breaking down and you should embrace cryptocurrency to protect yourself. I am going to let you in on the big secret. STOP PEGGING CRYPTOCURRENCY TO THE CENTRAL BANK FAK...

Hot Crypto Coins You Can Profit With In 2021

9 Jul 2021 5 minute read 3 comments Mjones

As an avid financial game player and cryptocurrency aficionado, I am always eager to know about the best investment options. People often ask me how they can get into fantasy finance or the best cryptocurrencies to pick.So, I decided to share my pers...

Wanchain makes LTC smart-chain compatible, adds Litecoin to cross-chain blockchain infrastructure

9 Jul 2021 1 minute read 1 comment Wanchainer

The Wanchain Foundation today announces that Litecoin is now fully integrated into its cross-chain infrastructure. Wanchain, the decentralised blockchain interoperability solution that connects the world’s isolated blockchain networks, is the only de...