Litecoin (LTC)

354 Articles 646 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.


Get 20 tokens for installing netbox

2 days ago 1 minute read lancelot7 $0.45 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...

Review of the Antminer R1 LTC Router-Miner

2 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...

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

3 days ago 1 minute read Tokenhell.com $0.20 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...

Bitcoin ATM

3 days ago 1 minute read CryptoArch $0.19 tipped

A new Bitcoin distributor is born in Lille, France.Around 6000 ATM are available worldwide. France currently has only 6 Atms that are very poorly ranked around the world.Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) or Dash are now available for purc...

I recommended the Bitcoin SV right shot.

3 days ago 1 minute read lancelot7 $0.24 tipped

Hello my friends I miss this time when green takes care of the personal coinmarketcap this year will have the $ 20 mark break of Bitcoin can believe this. Now it is a fact there are some coins taking the ball of the time highlighting the SV I believe...

Time To Buy LTC!

3 days ago 1 minute read Luke9801 $0.21 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...

Bitcoin vs. Litecoin

4 days ago 1 minute read MrHumble $0.13 tipped

            VS    Most of the people of the crypto community consider bitcoin as “Digital Gold” and Litecoin as “Digital Silver”. Both the cryptocurrencies have many similar properties; both use UTXO based transactions and both use proof of work for...

Is Litecoin faster than Bitcoin?

4 days ago 1 minute read EasilyRich.com $0.32 tipped

Is Litecoin faster than Bitcoin?     Many people want to use Bitcoin in everyday transactions but sometimes the confirmation time takes way too long. In this article we will look at if Litecoin processes transactions faster than bitcoin.     Accordin...

Fnality, a blockchain-based company partnered with Enterprise Ethereum Alliance

4 days ago 1 minute read BitcoinNews.Today $0.11 tipped

Fnality International has recently partnered with the Enterprise Ethereum Alliance (EEF). As a member of Enterprise Ethereum Alliance, it will also work with other members to expand the blockchain technology. EEF is particularly established to advert...

Hello friends Mining per browser Netbox

5 days ago 1 minute read lancelot7 $0.73 tipped

Friends can earn 20 nbx by downloading the browser and creating a wallet and 10 nbx by referrals the campaign has been running since September 2017 if I'm not mistaken I refer friends every week and much imagine you get 20 nbx + 10 referral may indic...