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.


Earn BTC with EprofitHub

1 hour ago 1 minute read The Joker

Hi guys a quick update on EprofitHub. If you don't know the platform you can read my first post here: https://www.publish0x.com/earn-crypto-2/some-proof-of-payment-from-eprofithub To make it simple, EprofitHub pays you 0.25% HOURLY of your deposit fo...

Cryptocurrencies Price Update Courtesy Coinbase

9 hours ago 1 minute read Dominus1

 Price update for most common Cryptos is very important for crypto advocates. Here is today's price update for the major cryptocurrencies. Bitcoin is up, the current price for Bitcoin is $10,167. Etherium is up and is currently trading at $281.20 Bi...

Litecoin Foundation Partners With Lending Services CredEarn

15 hours ago 2 minute read FarewelltoMinds

The Litecoin Foundation has announced that they are teaming up with Cred to offer lending services to LTC holders. Cred, or CredEarn, is a financial lending platform for crypto. Basically, you give them your crypto and they offer a percent annual ret...

North Korea Scale-Up Monero Mining Activity

17 hours ago 2 minute read MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. The second research report from threat intelligence agency Recorded Future highlights that North Korea have scaled up...

Litecoin (LTC) Price Value: Price Started Going Down Following the Negative Divergence

1 day ago 1 minute read Tokenhell.com

The indicators such as 100-MA and 200-MA are showing a pullback of trend value back to $60 Litecoin failed to achieve the hypothetical value- $85- and is moving downwards to $60 as the moving averages suggested earlier about the fore coming value. We...

BOMB BLAST; Almost All Major Cryptocurrencies Are Down

2 days ago 1 minute read Dominus1

 Val's day is over, and it now time for a serious business. But hell no, I woke up to realize all major cryptocurrencies are down from 5% to over 10% from previous prices. This is the first time in 2020 that such decrease in cryptocurrency value has...

Paypal and Bitcoin - to be controlled or to be free

2 days ago 1 minute read renabs94

Transaction control policies such as PayPal could push many people to use Bitcoin and other decentralized cryptocurrencies more and more. The fact is that, as Slate has revealed, such control policies are highly questionable and reveal that platforms...

Crypto Accepted Here - Bumper stickers

3 days ago 1 minute read Mamaecrypto

If you own a shop, office or work off your vehicle... Now is a good time to let your costumers know that you accept cryptocurrencies with this cool selection of Crypto Accepted Here Bumper Stickers. Perfect for the window, check out area or your auto...

Live Updates - Dash steam past Litecoin like they were standing still: Vote For Your Favourite Crypto to be the 3rd added to LocalCryptos P2P Marketplace

3 days ago 2 minute read Bragato18

LocalCryptos is a peer-to-peer marketplace that currently supports Ethereum and Bitcoin. LocalCryptos began life as LocalEthereum in 2017 before changing their name in November 2019 when support for Bitcoin was added. Now LocalCryptos is looking to a...

Litecoin: what it is

3 days ago 2 minute read PupazzoInnevato

Litecoin is the most famous cryptocurrency ever after Bitcoin. Litecoin is a peer-to-peer cryptocurrency that has taken a lot of inspiration from Bitcoin. Litecoin (LTC) is therefore a peer-to-peer cryptocurrency and open source software that has bee...