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.


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...

Last Night Was Too Crazy for Crypto Traders

6 days ago 1 minute read kingscrown $0.61 tipped

OMG so many coins going up like crazy just after 7 days of BTC pwning up. Binance running this among other asian based places. XZC pumped so much due to new exchange listning and this craze that you cannot get bootstraps of their site to sync wallets...

Top 5 Altcoins to Invest in [2020] Updated

1 week ago 2 minute read Tokenhell.com $4.53 tipped

Investors and traders become very conscious, when there is a right time to invest in any digital asset of cryptocurrency. Analysts remain updated about the trends and movements of different cryptocurrencies and publish their prediction about the pric...

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...

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: https://www.dualmine.com 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 Antminer R1 LTC Router-Miner

6 days ago 1 minute read AverageVancouverite $0.34 tipped

The Antminer R1 LTC Router-Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, etc.) Hashrate: 1.715 MH/s Chip: 28nm Bitmain BM1485 chip Power use: Under 5 Watts The Review: The Antminer R1 LTC Router-Miner is certainly an interesting...

Get 20 tokens for installing netbox

6 days ago 1 minute read lancelot7 $0.33 tipped

Hello friends I am very interested to see the netbox NBX and the high levels it has low suply with this I believe that with the increasing popularity of the netbox browser your currency can be listed in higher volume exchanges like a digifinex, kucoi...

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...

Time To Buy LTC!

6 days ago 1 minute read Luke9801 $0.25 tipped

Litecoin is up 20% in the last few days! Of course, you wouldn't want to miss out on that enormous potential for profit. It's time to let the FOMO (Fear OF Missing Out) take over and guide your trading decisions! You've heard the age old saying, "buy...

China’s strict Social Credit System increases the need for Bitcoin in China

6 days ago 1 minute read Tokenhell.com $0.22 tipped

The Chinese government has gained full control over the country after implementing the Social Credit System. Because of this strict social credit system, people of China will less rely on fiat money and will move their attention to Bitcoin. The gover...