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.

Cardano and Litecoin founders discuss cross-chain collaboration

8 Jul 2020 1 minute read 2 comments X.Crypto.0X

While global companies have been shaken by the effects of the ongoing pandemic, developments in the crypto space are flourishing. And if everything goes well, the community could soon see a Cardano-Litecoin branded product or project. ADA-LTC shake H...

DOGE is the best example of the FOMO effect. (Analysis)

8 Jul 2020 4 minute read 4 comments Crypto adict (Manu VZ)

The Dogecoin market had been stable and flat in recent months, with a market capitalization ranging from $ 250-300 million. Dogecoin has suddenly come to life this week with a 130% rebound, with its price rising from $ 0.0023 to $ 0.0053 in less than...

The Litecoin (LTC) Is Coming Back | Look At This Bullish Reversal Pattern

8 Jul 2020 1 minute read 1 comment moon333

Hey guys and gals hope you are doing well and welcome to the new update on Litecoin. In my previous post I was expecting that the price action has completed the final leg of bullish BAT pattern. But the final leg retraced little bit more down up to 1...

The creators of Cardano and Litecoin agreed on a possible joint project

8 Jul 2020 1 minute read 0 comments Kluma

The founder of the Cardano blockchain project, Charles Hoskinson, invited the creator of the Litecoin cryptocurrency, Charlie Lee, to work on a joint project. Hoskinson stated that he “likes the idea of ​​testing cross-chain communications between L...

Coinpot Challenge Day 66- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

8 Jul 2020 1 minute read 1 comment Zemiatin

Hey guys and welcome to day 66 of my coinpot challenge. Here is how my earnings look today and how they looked 3 days ago in my last update: Now, let's convert what we have today in $: BTC           0.00068569          =                    6.37$...

NEXO: earn passive incomes from your cryptocurrencies

7 Jul 2020 1 minute read 5 comments trebol11 lets you put your crypto to work by earning you daily interest payments. It is a cryptocurrency project developed by a reputable, long-standing, and large FinTech company. Nexo launched in 2018. Just seven months after its launch, Nexo establ...

Coinex Exchange - Event Listing AYA

6 Jul 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: 50.000 AYA shared between participants. ✈️ Create an account at Coinex.👍 Referral Code: s2brg 🔶 Airdrop Rules:📌 Register at CoinEx with your E-mail.📌 Confirm your E-mail.📌 Set 2FA Google Authenticator.📌 Share AYA Poster to divide 50.0...

Legit Ways To Earn Crypto 2020

6 Jul 2020 2 minute read 7 comments Schire

If you are a beginner or just someone who wants to earn crypto for free without investment or deposits, then this post is for you! Today I will be giving you some ways to earn crypto for free this 2020. I will also be including some sites that you ca...

Coinpot Challenge Day 63- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

5 Jul 2020 1 minute read 2 comments Zemiatin

Hey guys and welcome to day 63 of my coinpot challenge. I hope everyone is having a great end of the week end. Here is how my earnings look today and how they looked yesterday when I made my last post:  Let's convert what we have to day to $: BTC...

BlockFi: A great platform to start winning interest from your cryptocurrencies

4 Jul 2020 1 minute read 0 comments trebol11

BlockFi lets you put your crypto to work by earning you monthly interest payments in BTC, LTC, ETH, or a stable coin like Gemeni or USDC. Opening an account is quick and easy and you may start earning interest on your crypto today.  The two main serv...