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.


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9 Aug 2020 1 minute read 0 comments arca1986

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1 Jul 2020 1 minute read 2 comments delmosa

  Of all the ways that exist to earn Litecoin, the one that I use the most is the free game Free-Litecoin with which you can win up to 4.85 LTC  The table below indicates the amount of free Litecoin you can earn. You can play every 60 minutes You al...

Coinpot's New Moon Faucets Are Now Online

11 Jun 2020 1 minute read 8 comments Thomas Wolf

This is a quick announcement to let people know that Coinpot recovered from their recent attack and finally managed to get the compromised faucets (Moon Bitcoin, MoonDoge, and MoonLitecoin) redesigned to fit the more modern moon website themes, and a...

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As someone who spends way too much time claiming cryptocurrencies from faucets, I figured I'd share my strategy for maximizing my coins per claim. I stick with a small number of sites and take advantage of their daily bonus and XP (experience points)...

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2 Jun 2020 1 minute read 0 comments cracken

Investors are keen on buying of cryptocurrencies in current times. A crypto wallets may be a very important application for every crypto owner to regulate and do transactions with the quality. each multi-cryptocurrency wallet development ought to be...

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26 May 2020 1 minute read 0 comments Airdrop Radar

INTRODUCTION Cryptomininggame is a Crypto-related game where members can virtually mine Cryptocurrencies without using any computer resources. The site was launched in 2017 is the first online virtual mining game. The game is free to join for everyon...

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23 May 2020 1 minute read 0 comments Airdrop Radar

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21 May 2020 1 minute read 0 comments Airdrop Radar

ThunderCore is a public, permissionless, ethereum virtual machine (EVM) compatible blockchain running on the worlds’ leading proof-of-stake consensus mechanism. ThunderCore blockchain is open to the public, allowing participants from around the world...