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.


Top 10 Crypto Currencies of April 2020!!!

14 hours ago 1 minute read 1 comment Bilugi

Hello guys as I am saying that Bitcoin and other Crypto has been grown too much high and that has been total encourage to us.   And so we are saying that the top 10 Crypto Currencies to invest in April 2020 are as follows. 1) Bitcoin 2) Ethereum 3) R...

Africa: Bitcoin a great future ?

1 day ago 1 minute read 1 comment Gamma

The CEO of the social network Twitter and the payment platform Square, Africa should define the future of cryptocurrencies and in particular that of Bitcoin (BTC). It is in Africa that Google searches associated with Bitcoin are the most important. T...

Live Price Updates: Cryptocurrencies Continue To Grow In Price Values

1 day ago 1 minute read 9 comments Dominus1

Don't give up, never give up, stay strong and move forward. This is the current motto of all cryptocurrencies ever since Coronavirus took over everything marketwise. It even made men go into lockdown and quarantine. But now crypto is back and back f...

Did You Know The Original Price Of Your Favorite Cryptocurrency Before Now?

1 day ago 1 minute read 0 comments Dominus1

Hahaa what a happy day. Today I will keep it short, no long things. Did you know the original price of your favorite cryptocurrency before it got to it's current price? I guess you didn't know but rest assured because today am going to give you a bit...

Bitcoin: Dump is starting

2 days ago 1 minute read 3 comments Savastano

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Facebook: Libra a project in danger ?

2 days ago 1 minute read 0 comments Gamma

Need more time ... Facebook’s plan to have a single global electronic currency is not being abandoned, but the company is giving itself more time to rethink its strategy. Its Calibra cryptocurrency storage portfolio, which was originally supposed to...

Compare: Invesments in Litecoin and Ripple

2 days ago 2 minute read 0 comments Vi

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Make 8.5 % Profit in an Hour

2 days ago 1 minute read 0 comments PendekarBodoh

Hello Friends. In the following, I will share about 8.5 percent growth in my crypto assets, by playing on nanogames for 1 hour using Nubs27's Prime Numbers v1 Script (auto-playing). This script was written by Nubs27. So. If you find this script helpf...

Bitcoin, Altcoins and Stocks in Upward Trend

2 days ago 2 minute read 0 comments Thomas Wolf

I didn't expect such a drastic market recovery two days in a row, but I won't shake my head at it...It was a pleasant surprise to see both the cryptocurrency market, particularly in altcoins which shot up a great deal in price after a spike in Bitcoi...

BTC holds strong above $7000 - is a bull run possible?

2 days ago 1 minute read 1 comment manilpwn

Yesterday, Bitcoin surpassed the $7000 USD mark, by reaching a price of $7134 by the end of April 6th.   This comes after nearly an entire month of sub-7k prices which began on the 12th of March, seeing Bitcoin fall over $3000 in just two days.  Toda...