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

Litecoin (LTC)

1,105 Articles 2092 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.


Litecoin Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 9 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...

A good Reason to start (or continue) using Binance

5 Aug 2020 1 minute read 4 comments Trebol

How many times have you been pissed that Binance won’t let you sell or retire smaller denominations of cryptocurrencies? If you have a strong referral network or use a lot of different faucets (like Getzen or PipeFlare), you might be earning a good a...

Young people interested in BTC, why will this increase its value?

9 Aug 2020 2 minute read 2 comments Roberto D.

Investors are increasingly turning their attention to "hard assets" such as gold and Bitcoin to protect their capital from inflation resulting from the massive surge of money in economic systems, resulting from the actions already deliberated by cent...

Ethereum Vocabulary

7 Aug 2020 1 minute read 0 comments yanis

A little article about ethereum vocabular. For showing that it isn't "for devs only" (and also for impressing your friends)   Gas Everyone uses gas, but not so much people knows what it's really. For making it very sample, ethereum is a decentralized...

What is nano (NANO) ?

6 Aug 2020 1 minute read 3 comments yanis

Nano is a cryptocurrency that's around 1$ (no, it isn't a stablecoin). It is sometimes presented as the new bitcoin, but, what is really NANO ?   Block-Lattice instead of blockchain The strangest thing of this crypto is that it doesn't use blockchai...

Nigeria Leads the world in level of interest in Cryptocurrencies

10 Aug 2020 1 minute read 3 comments Trebol

Nigeria, the largest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest growing cryptocurrency markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria ha...

Ethereum Dethroned Bitcoin As Top Currency According To Weiss Rating

9 Aug 2020 1 minute read 0 comments Zemiatin

The popular rating firm has recently placed Ethereum ahead of Bitcoin in it's cryptocurrency top.   The top 5 According to Weiss is now the following: 1. Ethereum ( ETH ) 2. Bitcoin ( BTC )3. Cardano ( ADA )4. Litecoin ( LTC )5. Stellar ( XLM ) The...

Different kinds of staking

7 Aug 2020 2 minute read 8 comments yanis

Staking is often presented as a miraculous thing that can earn us many. This approach is also used by scams (see my article sbout stakedwallet) for hiding their ponzi scheme. But, no one says what's really staking and different kinds of. disclaimer :...

Coinpot Challenge Day 93- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

4 Aug 2020 1 minute read 7 comments Zemiatin

Hello guys and welcome to day 93 of my Coinpot Challenge. I have surpasses 0.001 BTC in earnings which is nice. Bellow you have the picture of how mmy earnings look at the time of writing this and how they looked in my last update (day 87) And now...

Cryptos and Games, a Unique Relationship

5 Aug 2020 1 minute read 1 comment alquimista1501

The latest Litecoin alliance has put me to investigate a little the synergy that the union between crytos and video games is having. Although what I am commenting on is nothing new, the association of Litecoin with Atari may confirm the advancement o...