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 correlation in the price for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC)

27 May 2020 1 minute read 0 comments Jumble

Introduction It is agreed that the price for cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), follow each other. But how good is the correlation? A Pearson_correlation_coefficient (PCC) measures the relations...

Coinpot Challenge Day 23 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

27 May 2020 1 minute read 5 comments Zemiatin

Hey guys. This is my day 23 update of my Coinpot challenge. Bitcoin is currently at 9.000$ so nothing of great importance happened in the last couple of days in regards to the prices of cryptos that I am earning on coinpot. Anyway, this is how my das...

Mommin' It Mondays with Litecoin Lisa & Mammycrypto - Episode 2

26 May 2020 1 minute read 0 comments Mamaecrypto

Hope you had a wonderful memorial day weekend. For me one of the highlights of my holiday was streaming the second episode of Mommin' it Mondays with Litecoin Lisa.   We had fun discussing the Atari and Litecoin partnership and reminiscing on...

What is Cloud Mining?

26 May 2020 1 minute read 2 comments tornadooo

Usually, we all have standard sized desktop computers. But these computers we own are not very suitable for mining. To be more precise, these computers cannot do this job very efficiently. In my previous article, I mentioned that mining is done with...

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...

Gridcoin, a Scientific brother for Bitcoin

26 May 2020 1 minute read 3 comments yanis

Gridcoin is a cryptocurrency that rewards scientific distributed computing effectuated via BOINC (that you can find at boinc.berkeley.edu).   Purpose This computing power is used to fight coronavirus (rosetta@home BOINC project), find elementary part...

Concerns About Litecoin's MimbleWimble Protocol Arises in the Litecoin Community

26 May 2020 1 minute read 0 comments PassionCryptodotcom

There are concerns regarding the impact of Litecoin's MimbleWimble Users will decide whether to complete transactions using the system Blocks with user protected transactions will be included in the chain Recall that in a recent interview, the crea...

Hom Token (HOMT) - Students Rental App

25 May 2020 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive up to 60 HOMT ≈ $15 & 10 HOMT for each Referral. 📈 Hom Token will be listed at Probit Exchange in 1st June 2020 ✈️ Start Hom Token Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram group & Channel. (Mandatory:...

Ludena Protocol (LDN) - Get paid to play Games!

25 May 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 450 LDN ≈ $3 & 75 LDN for each Referral. ⚠️ Airdrop Event only for the first 2000 participants!!! ✈️ Start Ludena Protocol Airdrop Bot. 🔑 Tasks:📌 Start Telegram bot.📌 Follow their Telegram group & Channel. (Mandatory:...

Free Litecoin for no work? It's too good to be true!

25 May 2020 2 minute read 7 comments Seumiseu

  Backstory... A while ago when I first got into Crypto, I was scouring ways to earn as much as I could, and as a student I couldn't really put much money into anything at the time. I came across this website which was offering free cloud mining in...