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.

Earn Crypto Every 5 Minutes!

3 days ago 1 minute read 11 comments Schire

Earn crypto every 5 minutes with Faucetpay! Faucetpay is a micropayment wallet and earning platform wherein you can receive instant crypto payments from thousands of websites! You can withdraw your earned crypto to your personal crypto wallet for a v...

Not sure what coins to trade? Trade whole indexes!

2 days ago 1 minute read 2 comments kingscrown

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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...

BTC, Eth Drops Down With LTC, BCH Up In The Latest Price Update! Are We In For Good or Bad Trade Market?

4 days ago 1 minute read 0 comments Dominus1

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1 day 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...

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3 days ago 1 minute read 7 comments Gamma

MEGA, in the shadow of MegaUpload Kim Dotcom had the good idea to create a similar service with a level of computer security worthy of Fort Knox. Dubbed MEGA, Dotcom’s new cloud storage service is at the heart of Monero’s theft case. At least MEGA’s...

Illegal exchange related to the Darknet?

2 days ago 1 minute read 0 comments Gamma

He incarcerated for life for setting up an underground platform that was used to make various illegal traffic   Small business, big problem    A young man who was called "coinman" was found guilty of several charges against him   -The distribution of...

Cryptocurrency Market Up By 3.39%: Now Is The Time For BTC, BAT, Eth etc To Re-shine

6 days ago 1 minute read 2 comments Dominus1

Good news folks and good day lovely people. I just woke up to the good news and decided to share with you. The time is now to invest in your favorite cryptocurrency as the market is up and running. All the major cryptocurrencies had an increase in pr...

Price Update: Crypto Market Moves Up By 1% But Is It Enough?

3 days ago 1 minute read 0 comments Dominus1

Good morning, how are you all doing? Hope we all doing great. In whatever religion you are please don't forget to pray for the victims of COVID-19 all over the world. Say no to racism cus only animals are racist without brain are racist. It another d...

Live Price Updates: Cryptocurrencies Continue To Grow In Price Values

10 hours 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...