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.


South Korean Bithumb Exchange is hit with over $69M in Taxes by NTS

4 weeks ago 1 minute read Tokenhell.com $0.16 tipped

The crypto exchange Bithumb has been hit with an amount of $69.3 million in taxes. Recently, the largest South Korean crypto exchange Bithumb has charged with a tax bill of 80.3 billion worth $69.5 million. The news is reported on Monday by the local...

Litecoin After Halving

25 Aug 2019 1 minute read darianosch $0.16 tipped

Litecoin After Halving Litecoin's Hashrate is down 28% since it was halved, LTC drops to $74. The hashrate of Litecoin's network is falling heavily. After halving in early August, the hashrate fell by 28%. This is because the block reward for the min...

China is looking to launch its 1st ever blockchain ETF very soon

4 weeks ago 1 minute read Tokenhell.com $0.16 tipped

China is making progress day by day in applying the blockchain technology in various systems and the process of blockchain applications is increased many folds after the president’s encouragement of the blockchain in the country. Penghua Fund, a Chin...

Litecoin (LTC): Bear or Bull? - Price Prediction

3 weeks ago 1 minute read Roberto D. $0.16 tipped

Litecoin: weekly market analysis (from December 28th to January 3rd 2020 on BTC / LTC pair)   As it turned out, therefore, we can only wait to see if the price will mark a new low, which I personally consider the most likely scenario, or if the curre...

Litecoin decline has begun.

2 hours ago 1 minute read MadMaxx $0.16 tipped

I called this. So some time ago(I believe yesterday), I advised that it be best that traders close their longs on LTC, because it was quickly approaching resistance 1. You can check out my post here if you think I couldn't have called that. Well, L...

Bitcoin vs. Litecoin

2 weeks ago 1 minute read MrHumble $0.16 tipped

            VS    Most of the people of the crypto community consider bitcoin as “Digital Gold” and Litecoin as “Digital Silver”. Both the cryptocurrencies have many similar properties; both use UTXO based transactions and both use proof of work for...

LITECOIN: Donate for a chance to win a Brazilian shirt autographed by Charlie Lee & John Kim

18 Apr 2019 4 minute read Mamaecrypto $0.15 tipped

Hello Crypto Enthusiasts! Make a donation to the Litecoin (LTC) mass adoption campaign and participate in an exclusive drawing by the MamãeCrypto channel. Compete for 1 Brazilian National Soccer Team shirt signed by two international celebrities from...

THE POSSIBILITY OF ANOTHER MAJOR CRYPTOCURRENCY ATTACK IS UNDER INVESTIGATION.

17 Dec 2019 1 minute read kripto sedat $0.15 tipped

  THE POSSIBILITY OF ANOTHER MAJOR CRYPTOCURRENCY ATTACK IS UNDER INVESTIGATION. A chart showing the daily exchange of active addresses in Litecoin led to suspicions that there was a regular attack on cryptocurrency.In the Dusting method, the hacker...

Litecoin dusting attack by hackers how and why - Explained

16 Aug 2019 3 minute read CryptoArgha $0.15 tipped

Litecoin is 5 th largest cryptocurrency according to coinmarketcap founded by Charlie lee Recently world largest crypto currency exchange binance CEO along with litecoin foundation CEO and Founder Announced a potential Dusting attack on litecoin netw...

Halving Litecoin: How the decrease in block reward will affect its price

17 Jul 2019 3 minute read Altufievskiy $0.15 tipped

On August 5, the halving will occur in the Litecoin network on block 1680000, as a result of which the miners' reward will be halved. Instead of 25 LTC, miners will receive 12.5 LTC for each new block. Some experts believe that the decrease of the m...