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.


Update 9: Cats cryptocurrency prediction experiment!

1 Jun 2019 1 minute read Piet246 $0.01 tipped

After a week full of ups and downs with new year highs and a mayor pullback I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Eth...

Viva Brasil! Viva Litecoin! Welcome to California John Kim

29 May 2019 1 minute read Mamaecrypto $0.50 tipped

This weekend was certainly full of fun and inspiration. Between celebrating my birthday with my family I was also invited (or better we were all invited 😃) for a special last minute Litecoin meet-up organized by Wendy0 celebrating John Kim's arrival...

Bitcoin, EOS, LTC, BNB, BAT, ETH and XRP Analysis: Quick Update

28 May 2019 1 minute read Workin $0.01 tipped

Bitcoin has stalled, currently trading around $8,670. Looking at the weekly chart, it looks like price may test $8,400. If it does, bulls need to see this prior area of resistance start acting as support. Volume remains relatively strong at $25 billi...

Update 8: Cats cryptocurrency prediction experiment!

27 May 2019 1 minute read Piet246 $0.03 tipped

After a stable week full of ups and downs I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated result...

Which cryptocurrency is worth investing in 2019?

25 May 2019 1 minute read orton65 $0.02 tipped

Bitcoin Many people heard about Bitcoin long before they learned about the existence of the blockchain or cryptocurrency market. At the moment, bitcoin is the most popular and largest digital currency in terms of market capitalization and transaction...

Litecoin/Bitcoin (25 May) #LTC $LTC #BTC $BTC

25 May 2019 1 minute read CryptoStation $0.02 tipped

#WAITLTC seems to be responding positively to the Block Reward Halving incoming news in August. Currently, LTC has escaped the sideways pattern in downtrend and target is 0.0159 BTC in near futureHowever, I believe that LTC will move quite zig-zag so...

West Coast Litecoin Meet-up LA May 25TH

24 May 2019 1 minute read Mamaecrypto $0.01 tipped

John Kim, Litecoin evangelist, is coming to LA and that is one great reason to celebrate LTC! CryptoWendy pulled her strings and prepped this amazing LTC meet up for all of us on a very short notice. Hope to see you tomorrow.  And yes... the best eve...

Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP Analysis: Quick Update

19 May 2019 1 minute read Workin $0.04 tipped

The bulls have stepped up, pushing bitcoin from $6,600 to $8,150 over the last 48 hours. Currently it’s trading around $8,000. In today’s video I analyze Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP. I discuss where prices may be heading next, key areas...

Update 7: Cats cryptocurrency prediction experiment!

18 May 2019 1 minute read Piet246 $0.03 tipped

After a turbulent week full of ups and downs I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated res...

🔥 The price of Litecoin in Binance increased to $ 100,000

17 May 2019 1 minute read 215 $0.03 tipped

On May 14, a large number of LTC / PAX trading pairings on Binance led Litecoin's price to $ 100,000. Recently, a new price was added to the sudden price movements, which are common in crypto money exchanges.On May 14, the price of Litecoin jumped to...