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.


Current Litecoin Technical Analysis: Expectations and Price Predictions

5 May 2020 2 minute read 0 comments kazandiran

  05.05.2020 (Tuesday) Litecoin technical analysis: Litecoin bulls continue to resist! Litecoin encountered a strong bear defense on the $ 50,0351 resistance it attempted to cross on May 3. This indicates that LTC bears aggressively defended the main...

Ripple Join hands with Thailand-based fintech Firm to Offer Money Transfers across the Borders

19 Mar 2020 1 minute read 0 comments BitcoinNews.Today

Ripple is known for providing remittance services at a faster speed and cheaper rates. Thailand-based non-bank institution DeeMoney partners with Ripple for offering cross-border payments utilizing the blockchain technology. Ripple Join hands with Th...

How to sell HEX easily and grab some if you havent

7 May 2020 1 minute read 0 comments kingscrown

This is unique info that i have seen a lot of people don't know about and seek online. So here is my guide. To the point with not overwriting - as usual. HEX is doing crazy moves since some time, and if you don't want to buy it, you can claim some wi...

Cryptocurrencies Continue To Fall In Price Value Amid The Continue Rise Of COVID-19

28 Mar 2020 1 minute read 2 comments Dominus1

The latest price chart of the various cryptocurrencies like BTC, Eth, BAT, LTC, BCH, BNB, OGN, Maker Dao, Crypto.com is not anything to write home about. Over the courses of the last 24 hours there were some upwards and downwards movement of some cr...

Huobi Pool added BitcoinHD (BHD) distribution to HPT holders

30 Jun 2020 1 minute read 0 comments Jakonfire

Huobi Pool added BitcoinHD distribution to HPT holders Today was the first day Houbi distributed 17 Cryptos to the HPT hodlers. I can hardly believe how quickly it gets more and more. Since today you also get BHD airdrops depending on the amount of H...

Trump hack update

20 May 2020 1 minute read 0 comments Thingsyousee

The hackers who claimed to have found a ton of dirty laundry on Trump has made a post on there darknet site.   FBI has stated that this hack is considered an act of international terrorism and that negotiating with or paying ransom to terrorists is...

Residential miner review: Mine Crypto at home without having to buy an expensive ASIC miner! (Potentially?)

4 Feb 2020 5 minute read 3 comments mduchow

This is a review of arguably the most popular and widley known Cryptocurrency residential miners, the Coinmine ONE and the Apollo Scrypt Miner! For this review I have tried and tested both devices and this will be a full breakdown of both devices to...

Travel with: Litecoin LTC - part 1

6 Feb 2020 3 minute read 4 comments renabs94

Summer is approaching and the time has come for many of us to start thinking about where to go on vacation. for many enthusiastic cryptocasters it can sometimes be a nightmare to try to spend their coins to book hotels, flights... cryptographic payme...

Make money in Crypto Opportunities 2 – Telegram Bots

17 Jun 2020 1 minute read 2 comments ManuelAR

Today I want to introduce to you another form of earning some crypto; Telegram bots. Bots can be programmed for many different purposes, in this case, these bots were created to reward users for performing certain tasks. There are three ways you can...

The Founders of Cardano and Litecoin Discuss a Cross-Chain Project

9 Jul 2020 1 minute read 1 comment PassionCryptodotcom

At the initiative of Charles Hoskinson, Cardano and Litecoin could work together to implement a joint project. Although there are still no details on the objective of possible cooperation. However, if the crypto-community assumptions are correct, co...