Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

1,018 Articles 1912 Followers

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.


Stakedwallet, a fat ponzi sheme

6 Jun 2020 1 minute read 2 comments yanis

Stakedwallet was a "staking wallet" that gave big profit rates. Users were able to earn 2% a day as "passive income".   Why did it look good (enough to let people invest) ? The profit rate was very big, so users wanted to deposit many in order to get...

3 ways to set up a Bitcoin wallet

21 May 2020 1 minute read 2 comments tornadooo

There are many Bitcoin wallets and they all differ in their features. Mobile software wallets are perfect for everyday use, and desktop software wallets provide a great balance between convenience and security. 1. Install a software bitcoin wallet Th...

The Litecoin Foundation Produces a Horror Flick!

13 Apr 2020 1 minute read 0 comments Tejas19

Well Yes! You read that right, the Litecoin foundation has acted as an executive producer for a horror movie and no the horror movie isn't about the crypto markets haha! The movie is named "We Summon the Darkness".  The tweet was posted a day ago and...

Some altcoins are overtaking Bitcoin this year

27 Jun 2020 1 minute read 3 comments Shadow Crypto

  Some altcoins are overtaking Bitcoin this year Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2     Bitcoin's dominance is hovering below 65%, but it's likely to fall, says Pantera Capital,...

Compare: Invesments in Litecoin and Ripple

7 Apr 2020 2 minute read 0 comments Vi

Litecoin created in 2011 by Former Google Engineer Charlie Lee and enter the market as a refinement of Bitcoin (BTC). Litecoin is a peer-to-peer open-source cryptocurrency that offers more opportunities for users. Because of its relatively lower valu...

Coinpot Challenge Day 43 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

15 Jun 2020 1 minute read 4 comments Zemiatin

Hello guys and welcome to day 43 of my coinpot challenge. Bitcoin is trading at aproximatelly 9.400$ which is not that great for my $ earnings. But like I said, I care more about satoshis than $ at this point. Here is how my earnings look today: And...

The Coin Journal (JRL) - Read NewsPaper & Earn JRL Tokens.

26 May 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive up to 1,000 JRL ≈ $10 & 400 JRL for each Referral. ✈️ Start The Coin Journal Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram Group & Channel.📌 Follow on Twitter & Retweet The Pinned post.📌 Follow Their Facebo...

Coinpot Challenge Day 49- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

21 Jun 2020 1 minute read 4 comments Zemiatin

Hey guys and welcome to day 49 of my Coinpot Challenge. Here is how my earnings look today: And this is how my earnings looked like in my last update: Now let's convert what we have today to $: BTC           0.00048403           =               ...

Celsius Network: The best app to receive interest payments for your cryptocurrencies (DAI, BTC,BCH, ETC.)

3 Jul 2020 2 minute read 0 comments trebol11

Celsius Network is an app (for android and IOS) that gives interest by depositing your cryptos. The company was founded in 2017 by Alex Mashinsky (CEO) and Daniel Leon. Mashinsky is notable for his work bringing cell phone service and free WiFi to th...

Ducatus Proprety develops the sale of real estate using cryptocurrencies.

8 Jun 2020 1 minute read 0 comments Galaxie Crypto

Ducatus Proprety offers luxury houses, villas or apartments for sale all over the world. What makes this sale so special? You can pay for these properties through Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, USDC or through its Ducatus Coin. T...