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.


What Happened To Litecoin (LTC)? Is This Crypto Coin Overlooked?

29 Jun 2021 1 minute read 14 comments ~©®¥πT€®~

Is Litecoin (LTC) forgotten about? Litecoin (LTC) don't get as much media attention as other blockchain networks like Bitcoin (BTC) or Ethereum (ETH) as did before. What does this mean? Is the cryptocurrency still being used? And has it been growing...

Litecoin LTC | This Big Bullish Reversal Pattern Will Start The King Of All Bullish Moves

25 Jun 2021 2 minute read 0 comments moon333

  Hi friends, hope you are well and welcome to the new update on Litecoin (LTC). Different harmonic moves and their chain reaction:In the month of January 2021, I shred three ideas.One was the bullish Shark formation on the weekly time frame that wa...

Litecoin Now Part of Wanchain's Decentralized Infrastructure

23 Jun 2021 2 minute read 2 comments Edward Moon

The decentralized finance [DeFi] market, according to existing records and statistics, is one of the fastest-growing spaces in the crypto industry. Worth over $85 billion at the time of writing, DeFi has been described as a boon to the crypto market....

In which currency would you like to be paid: BTC, BNB, ETH... Or USD?

18 Jun 2021 1 minute read 1 comment Cryptofab

Think about that simple question: you are about to be hired for a job. The boss gives you two options for your salary: USD or BTC? Which one would you choose? Some possible thoughts below: 1) What can I buy with BTC? I have read somewhere that I can...

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

Alts to watch! 6/14

14 Jun 2021 1 minute read 3 comments F Sharp

  So I keep coins on my emergency watch list I call & hold, from that list. Also, keep in mind this is also for short term trading in some circumstances waiting to sell at a higher price maybe more profitable.   Coins with momentum to watch!!! Take s...

Earning Interest on your Crypto on Centralized Financial (CeFi) Platforms

10 Jun 2021 1 minute read 0 comments Hal the Bohemian

If you are a literal boomer or have know one for a long enough you probably know that there was a time when a "high interest savings account" truly was a savings account which was guaranteed to give the depositor a high rate of interest.  Rates as hi...

Cryptocurrencies' podium over time

8 Jun 2021 2 minute read 1 comment W.P

  More than a decade ago, Satoshi Nakamoto created Bitcoin, paving the way for other cryptocurrencies to be born. Over the years different currencies have been among the top 3, this article was written to remind you how volatile this market can be, a...

DOGE's long-term survival demystified

4 Jun 2021 1 minute read 5 comments felipejoys

Dogecoin, the most iconic meme blockchain ever created, still prints tokens worth money. It is all the way up there in the top 100 cryptocurrencies, ranked today as #6. The question is: why? If it offers nothing new and everything is already being do...

Earn easy BCH & Litecoin

3 Jun 2021 1 minute read 0 comments dg501

    Do you want to get Litecoin and Bitcoin cash in an easy way ... every week ... with punctual payments? If your answer is yes then you should definitely try these two applications.   The two applications (already used by more than a million people...