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.

North Korean hackers use Telegram to steal Crypto

2 days ago 1 minute read 0 comments Gamma

Telegram used to steal crypto Lazarus took over its AppleJeus malware that was created in 2018 and upgraded it. Hackers have also created fake cryptocurrency websites and fake newsgroups related to Telegram encrypted messaging. Malicious links are th...

Is Litecoin LTC a good Investment ?

2 days ago 1 minute read 0 comments CryptoPk

Litecoin is termed to be the silver of the crypto market, and Bitcoin is termed as Gold. I have known Litecoin since 2011, 2012 when its price was around 2$ to 4$ and I knew bitcoin since 2011 too. I didn't regret investing because the later I get in...

Crypto Surge: Bitcoin, We Believe!

2 days ago 1 minute read 2 comments Thomas Wolf

In terms of sheer competition, cryptocurrencies are doing wonderful right now in comparison to other markets such as the stock exchange.  I'll note while Bitcoin is responsible for this shift, Stellar is having a Stellar morning because of it.My Coin...

Visa MCO crypto card is now supported

2 days ago 1 minute read 0 comments Gamma

Enhanced security with bank data not stored on your phone While now offers Americans the option of holding a Visa card that allows them to pay for their everyday purchases with their digital assets on more platforms, users should not worry...

Not sure what coins to trade? Trade whole indexes!

2 days ago 1 minute read 2 comments kingscrown

If you don't have account on FTX exchange better get one CLICK HERE TO REGISTER In this article you will learn why... Lets see volume in 24h... $235,467,773 USD / 34,433 BTC for a pretty new exchange. Sick ain't it? This exchange Binance invested int...

Exchange: Binance Confirms CoinMarketCap Acquisition

2 days ago 1 minute read 0 comments Gamma

A prolific acquisition Although the amount committed for this transaction was not specified, we report to you at the start of the week that the transaction would have cost Binance $ 400 million.The official statement said that Binance and CoinMarketC...

Institutional investors enter the cryptocurrency market

3 days ago 1 minute read 0 comments Gamma

The adoption of Bitcoin. Although Bitcoin offers exceptional rates of return on investment (RSI), many institutional investors entering the cryptocurrency market still worry about the reliability of access to unregulated territory. With the official...

10 million people will have access to bitcoins

3 days ago 1 minute read 0 comments Nogelyax2

10 million people will have access to bitcoins Revolut made the decision to open the crypto trading function to its customers earlier than expected by promoting adoption and ensuring another source of income during this global economic, financial and...

He lost 53 million euros in Bitcoin…

3 days ago 1 minute read 1 comment Gamma

6000 Bitcoins  Collins bought almost 6,000 bitcoins with the money earned from growing and selling cannabis. At that time, Bitcoin was not worth as much as today, when it bought this cryptocurrency it was worth between 4 and 6 dollars, to date it has...

Live Cryptocurrency Price Update As BTC, BCH, BAT, LTC Continue To Form Bullish Patterns

3 days ago 1 minute read 0 comments Dominus1

Ones again it a good news for all cryptocurrency holders or traders to invest and see their crypto grow. Earlier today I brought you my lovely followers the price update over the last 26l4 hours but it seems the growth of the top 20 cryptocurrencies...