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.

The cloud mined ETH token and game

2 weeks ago 1 minute read Cal_tv93 $0.12 tipped

Well, there are two apps to this that both work together under the same account so we will just take each app on two different sections to make it less confusing hopefully.   Phoneum This is the cloud miner where you have to open the app every 24 hou...

The Future of Money Starts Now

2 weeks ago 9 minute read kevonthebloc $0.38 tipped

No one believed the Doom and Gloom Sayers just before the 2008 financial crisis hit.The world's largest mortgage bankers (Fannie Mae and Freddie Mac) went bankrupt. No one believed something that big could fall apart. But it did.Now there's something...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Nineteen - Down 75%

2 weeks ago 4 minute read starthere $5.03 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...

Litecoin halving has arrived

2 weeks ago 4 minute read Bitcoin Babaji $0.32 tipped

The Litecoin halving that has been anticipated for months has come and gone. The next one will be in 1455 days, or around August 2023. This is a built in event that occurs every 840 000 blocks. Price had a nice little pump today to celebrate the even...

The Aftermath of Litecoin Halving- An Explanation

2 weeks ago 1 minute read Wstanley224 $0.40 tipped

The Aftermath of Litecoin Halving- An Explanation Litecoin has descended below $100, as was expected.  After the rewards halving, miners will face a difficulty adjustment and will likely sell some of their stocked Litecoin to recoup during this perio...

Coinloan improvements - Coinloan lending and borrowing

2 weeks ago 1 minute read Cal_tv93 $0.06 tipped

I know that there are a few lending platforms out there, but if you ask me Coinloan is one of the better once and they are adding more and more to the platform compared to other lending platforms. Tho Coinloan is a Peer to peer platform where users l...

Halving: see which one will be next

2 weeks ago 4 minute read PH-X $0.02 tipped

    Halving: see which ones will be next Halving is a common phenomenon in cryptocurrencies and affects the rewards of mining. What are the consequences for the market?Litecoin halving happens today (Aug 5th), and you need to know a litt...

My List of good exchanges

3 weeks ago 1 minute read Cal_tv93 $0.15 tipped

So i just wanted to give people the option to find new exchanges that you could use to exchange a token or something else that you havn't been able to find.   1. Stex Exchange Stex exchange is one of my favorite exchanges that isn't instant but just...

Litecoin Before Halving- An Exciting Opportunity

3 weeks ago 1 minute read Wstanley224 $0.61 tipped

Litecoin is a recognizable, blue-chip cryptocurrency with a long history and a lot of market liquidity.  Released in 2011, and famous for its low fees and fast SCRIPT algorithm with a block completion time four times faster than Bitcoin, Litecoin i...

Crypto Paper Wallet - free service!

3 weeks ago 2 minute read Cal_tv93 $0.19 tipped

So i set up a website where you can make a paper wallet and other kind of not cloud wallets for you to use. You are more then welcome to help me add more coins to the list but it has to follow the rules below. First of all, the currency must operate...