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.


Is MimbleWimble Risky for LiteCoin?

2 weeks ago 1 minute read Yasin $0.60 tipped

  Litecoin creator Charlie Lee, Grin developer David Burkett, and LTC developer "ecurrencyhodle", published the draft proposal of applying Mimblewibmle to Litecoin to be solution to the issue of privacy and scalability.   Litecoin developer "ecurren...

Litecoin: What do you need to know? [A Guide To Understanding Litecoin]

2 weeks ago 6 minute read DoRi $0.34 tipped

Image Source If bitcoin is the gold of crypto, then Litecoin is the silver. Litecoin is often called the little brother of bitcoin. The coin has grown explosively in recent times. But what exactly is Litecoin? What are the differences with bitcoin? A...

How to scan a QR code using a phone - No app needed

3 weeks ago 1 minute read Mamaecrypto $0.30 tipped

  Technology can be challenging for many. But few amazing tools we simply do not use because we do not know they are available to us. One of them is QR code technology and how to read them.    QR codes are popping out everywhere. I see the...

BTC - LTC - ETH 2019 Performance (statistical analysis) Part 1

3 weeks ago 2 minute read CryptoAddict $3.14 tipped

Bitcoin - Litecoin - Ethereum 2019 Performance Analysis   IntroductionThe sentiment about cryptocurrency has changed drastically since BTC retraced from over 12.000 USD to now just over 8000 USD. In this article we will look at the correlation betwee...

Pump n Dump: Killing the Cryptocurrency Market

3 weeks ago 2 minute read Blockchain Anchor $2.84 tipped

Blockchain startups are entering the space with the goal of overthrowing the king known as "Bitcoin" and taking over that coveted #1 position. In my personal opinion, I don't see why any new blockchain startup wouldn't want to set their sights on eve...

Should we buy more BNB Coins??

4 weeks ago 1 minute read burky $0.13 tipped

BNB is a great and strong coin for sure! But it's price has changed too quickly and that's why i am having question marks.. The BNB price was $37 at the end of the June and now it is around $17.. So it lost it's half of value and it is problem.. In 3...

Bitcoin vs. Ethereum vs. Litecoin

11 Oct 2019 37 minute read MintDice $4.59 tipped

While cryptocurrency has only recently become a popular term in finance, it has been around for a long time. Before names like Bitcoin, Ethereum, and Litecoin even existed, there were attempts to create a decentralized currency. David Chaum, a respec...

Easy Way to Mining your First Valuable Cryptocurrency: Litecoin

10 Oct 2019 2 minute read Richard M Adrian $2.25 tipped

Litecoin is among the pioneers of the cryptocurrency universe. The coin currently sits at number six among the top ten digital assets by market capitalization. Furthermore, Litecoin is currently trading $56 during press time, with a market cap of $4....

Support ChangeAngel Seed Card Campaign - Litecoin Bitcoin Printables

8 Oct 2019 1 minute read Mamaecrypto $2.60 tipped

Truly excited about the Crypto Seed Card campaign launched by Changeangel.io. A decentralized marketing effort. For anyone doing these cards on a crafty, low budget style like me here is easy print out of my favorite seed card created by @RedKatLife ...

Litecoin (LTC) Price Prediction 2020 - $160 Possible?

8 Oct 2019 8 minute read CryptoChartWizard91 $7.52 tipped

Litecoin has seen a rollercoaster of a year thus far (as of 07/10/19), after the cryptocurrency managed to surge by a total of 345% from the yearly open to the 2019 high - a move which had seen Litecoin rise as high as $146 during June 2019. This phe...