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.

Review of

1 day ago 1 minute read AverageVancouverite $0.11 tipped

LitecoinPool Review Launched in 2011, LitecoinPool is one of the oldest Litecoin mining pools running on a Pay Per Share (PPS) system. It features merged mining (Mining Litecoin alongside Dogecoin, Canada eCoin, Myriad, Viacoin, Argentum, etc.) thou...

Review of the DualMiner USB Miner

1 day ago 2 minute read AverageVancouverite $0.11 tipped

Dualminer USB Miner Specs: Algorithm: SHA256 (Coins Mined: Bitcoin, BitcoinCash, Peercoin, etc.) and SCRYPT (Litecoin, Dogecoin, etc.) Hashrate: Dual mote: 500 MH/s SHA256 and 40 KH/s SCRYPT or 70 KH/s SCRYPT Chip: 55nm Gridseed GC3355 Power use: Du...

Crypto Sports: Sports on the Blockchain

2 days ago 4 minute read M87 $4.49 tipped

Blockchain has been having impacts in many different industries such as medical, import/export, finance, gaming, etc. and the trend continues in sports. Sports leagues and franchises around the globe are joining the crypto revolution and adopting way...

FutureBit Moonlander 2 VS TTBit L1 LTC

3 days ago 2 minute read AverageVancouverite $0.38 tipped

FutureBit Moonlander 2 VS TTBit L1 LTC TTBit L1 LTC Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 3.5 - 5 MH/s (Stock setting: About 3.5MH/s) Chip: 28nm SCRYPT ASIC Power use: Under 10 watts FutureBit Moonlander 2 Spec...

Litecoin(LTC) - Weekly Price Prediction

4 days ago 1 minute read Roberto D. $0.25 tipped

Litecoin: weekly market analysis (from 11 January to 17 January 2020 on a BTC / LTC pair)   BTC / LTC is time to take profit We start as always from the 30D chart, here we clearly see how the big hikes of the last week brought the price to test the R...

Review of the Bitmain Antminer L3+

4 days ago 1 minute read AverageVancouverite $0.14 tipped

The Bitmain Antminer L3+ Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: Over 500 MH/s Chip: 288 BM1485 ASIC chip Power use: 800 Watts Processor: Texas Instruments AM335x 1GHz ARM Cortex-A8 Microprocessor The Review: The...

Cloud mining with Dual Mine! 100GH/s free

5 days ago 1 minute read The Joker $0.35 tipped

Hi guys, Today I want to talk you about a really good cloud mining site: Cloud mining consists in the purchase of hashing power from mining farms. On this platform you can mine BTC, ETH, LTC, BCH, DOGE, ZCASH DASH and MONERO....

Review of the Bitmain AntRouter R3-LTC

5 days ago 2 minute read AverageVancouverite $0.12 tipped

The AntRouter R3-LTC Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 11.5 MH/s Chip: 6 x 28nm Bitmain BM1485 ASIC chips Power use: Under 25 Watts The Review: A significant improvement upon the original AntRouter R1, the...

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5 days ago 1 minute read lancelot7 $0.17 tipped

Hi friends no doubt this is an airdrop which is one of my favorites because 2 reasons just using an app and referring it to new people we are commissioned after 30 days this is the first reason. Baixe o app Create link invitation htt...

The SEC launches an anathema against IEOs and informs US citizens of the risks of these tools

5 days ago 1 minute read Roberto D. $0.22 tipped

On Tuesday, January 14, the U.S. Securities and Exchange Commission (SEC) sent a warning from its Investor Education and Advocacy wing, urging citizens to be wary of initial exchange-managed coin offers (IEOs). More specifically, in the document in q...