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.


The Tezos (XTZ) Coinbase Staking Experiment

6 May 2020 3 minute read 47 comments Thomas Wolf

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Litecoin Price and Transactions Grow Despite Stagnant Development

4 Aug 2020 1 minute read 9 comments TheDesertLynx

Litecoin's price and network activity have grown recently in the cryptocurrency market turnaround, rising in both absolute terms and against competitors. Over the past month, Litecoin's price grew from about $41 in early July to about $57 at time of...

Is USB Mining Profitable?

17 Apr 2020 3 minute read 27 comments AverageVancouverite

Is USB Mining Profitable? Having mined cryptocurrencies, especially Bitcoin, Litecoin, and Monero, for several years, it isn't uncommon for friends, family and others around me to tell me that they've heard about "USB Miners" and ask whether they're...

Litecoin Transactions Surge Following Release of LiteBringer Game

21 Sep 2020 2 minute read 11 comments TheDesertLynx

Litecoin's transaction volumes have increased severalfold following the release of role-playing game LiteBringer on to the Litecoin mainnet. Network data points to the game as a likely catalyst for the transaction surge. Announced last week, LiteBri...

Crypto Market Intel: Institutional investors pushing Bitcoin higher

21 Nov 2020 2 minute read 3 comments fklivestolearn

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🔥Real Gaming Without Shitcoins Rewards! LiteBringer Brings You Litecoin

15 Sep 2020 3 minute read 11 comments Dapp.com

  🎉 Solve the LiteBringer Puzzle and Win $600! - 🙋 Learn and discover the secret of LiteBringer game with dapp.com to unlock the 12 keywords.    Duration: 6 days, start on 16 September (Wednesday) at 1 PM (UTC0). How to join? Here: https://www.dapp....

North Korea Scale-Up Monero Mining Activity

19 Feb 2020 2 minute read 13 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. The second research report from threat intelligence agency Recorded Future highlights that North Korea have scaled up...

LocalCryptos: Ethereum Fees "Hurt the Underserved" Like Venezuelans

17 Sep 2020 3 minute read 8 comments TheDesertLynx

Peer-to-peer cryptocurrency marketplace LocalCryptos claims that high Ethereum fees have harmed its most underserved customers, highlighting users from Venezuela, who allegedly rely on the platform to sell small amounts of cryptocurrency. In a rece...

How to make money if crypto goes down

19 Sep 2020 2 minute read 21 comments Roberto D.

Ophelia Snyder and Hany Rashwan, founders of "21Shares", challenged everyone by listing on the Zurich Stock Exchange one of the first ETPs with underlying a basket of cryptocurrencies, including Bitcoin. 21Shares has broadened horizons by landing on...

The Bull Continues to Charge Full Speed Ahead as Bitcoin, Ethereum, Litecoin Hit All-Time Highs

3 Jan 2021 3 minute read 9 comments bettercallpaul

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