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

Litecoin (LTC)

1,092 Articles 2070 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.


Will crypto pay for my summer holiday? 📈 July Profit Report 📈

3 Aug 2020 5 minute read 10 comments PVMihalache

Will crypto pay for my summer holiday?  I always promoted the idea of a diversified portfolio and the spread of extra money in various types of investments which will produce either residual income or has potential to generate profit. Residual income...

The best ways to start winning cryptocurrencies

2 Aug 2020 2 minute read 7 comments trebol11

Lately, I have written several posts on how to obtain cryptocurrencies, here I have compiled the best ones   Faucets: Freebitcoin: post It is one of the easiest to use, safest and most complete faucets. You earn Bitcoins here, and you have 7 ways to...

This is Why You Place Automatic Sell Orders

2 Aug 2020 1 minute read 4 comments LeftAntiPC

Bitcoin Cash just lost 20% of its value in 5 minutes.  Fortunately, I had my Litecoin, which also collapsed in value, set to automatically sell after a certain point, so my losses have been modest.  I normally don't offer crypto advice on here becaus...

Litecoin | A P2P digital currency that enables instant payments to anyone in the world

2 Aug 2020 1 minute read 0 comments NassiroV

Litecoin is a peer-to-peer cryptocurrency that is used for instant payments at very low costs. It uses a decentralized system, with no central authority, and therefore allows users to manage their finances independently via an open source software Wa...

What is Algorand (ALGO)? How it works?

2 Aug 2020 1 minute read 0 comments PrisonedBus9641

  Algorand (ALGO) is a cryptocurrency network focused on payments and smart contracts that has a solid foundation in scientific research. Supported by an educated and experienced team, Algorand has received many investments from some important entiti...

The easiest guide to earn BTC, DOGE, LTC, BCH and DASH

1 Aug 2020 8 minute read 22 comments Roberto D.

Many people in the comments to my articles have always advised me to use CoinPot. Its operation is particular compared to other faucets in that the CoinPot.co site serves to see the aggregated earnings of all the faucets (faucets that will pay you di...

How to take Bitcoin memes to the moon ??????

30 Jul 2020 1 minute read 0 comments alquimista1501

I refer to the title mentioned by the president of the Nakamoto Institute, Michael Goldstein, who with his comments began to draw a very fine line that separates the so-called maximalists from the rest of those who defend and are also committed to a...

DAILY CRYPTO ONLY LEGIT - DO YOUR PART

30 Jul 2020 2 minute read 4 comments Dipendra

LEgit means legit Hello guys Mainly this is for newbies in crypto world who are understanding this world many of you are familiar to these or MANY not. HERE Today you gonna get some legit way to earn crypto currency like BTC, LTC, ZCASH, BCH, ZEN, et...

Bitmax introduces SWINGBY staking - up to 65%!

30 Jul 2020 1 minute read 1 comment manilpwn

On July the 29th Bitmax listed SWINGBY as a tradeable and stakeable token on their website. For a minimum of 20 SWINGBY (about $5) users can stake their SWINGBY, which is currently offering a 50% per annum interest rate with projections it will reach...

Coinpot Challenge Day 87- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

29 Jul 2020 1 minute read 1 comment Zemiatin

Hey guys this is the longest time ( 9 days) without an update ever since I started this challenge. I have been pretty busy in real life so I could not find much time for posting. The good news however is that the crypto market seems to get a little m...