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.

Why you should buy Litecoin now before it's too late

9 Jan 2021 1 minute read 2 comments Stryder TRX

As the price of bitcoin is rising above breaking record at over 40,000 other cryptos are soon to follow. But why should you invest into Litecoin? Litecoin's price has been following the pattern of bitcoin's prices and it's only going higher. Litecoi...

5 prejudices about bitcoin and cryptocurrencies

31 May 2020 1 minute read 1 comment yanis

Cryptocurrency is a very new thing (~11 years old), so there're many prejudices about it. In this article, I'll say which is true and which is false.   So, let's go !   Prejudice 1 - We've to be computer scientist to use cryptocurrency FALSE - We've...

How I Stop from Refreshing my Portfolio every five minutes...

11 May 2021 1 minute read 0 comments KatsuCrypto

What’s up y’all! After a fun-filled weekend of some Up Only, we finally seem to be served with a little dip.  The run that Ethereum has been on has been nothing short of spectacular! As most of us that have been holding crypto for longer than the Dog...

TOP 10 crypto gifts (Christmas)

8 Dec 2020 1 minute read 1 comment andrej

Christmas are coming and you still haven’t got presents ? Check these presents for crypto lovers ! Okay, surf all web to find best crypto presents for you. Hope, you will love it !  1. 3D Lamp Bitcoin LED Night Lamp is a flawless combination of art...

Coinpot Challenge Day 38 - Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

10 Jun 2020 1 minute read 8 comments Zemiatin

Hey guys and welcome to day 38 of my coinpot challenge. Good news as the 3 faucets that were in maintenance for the last week or so are back so I can start claiming again from them and earn more. Anyway, this is how my Dashboard looks today: And thi...

Has Litecoin (LTC) Become Irrelevant?

25 Mar 2021 7 minute read 1 comment Michael @ CryptoEQ

Overview Litecoin (LTC) was founded in 2011 by Charlie Lee as a peer-to-peer digital currency designed to be complementary to, rather than a competitor of, Bitcoin. It has been likened to “digital silver,” as opposed to Bitcoin’s status as “digital...

FREE LITECOIN APP ,Earn up to 0.0100000 LTC Daily , proof inside post!!!!!

1 Jun 2020 1 minute read 1 comment Airdrop Radar

FREE LITECOIN This is another wonder app that reward you Litecoin LTC. claim free litoshis hourly, by watching 15sec or 30sec ads and by doing tasks in the app. Minimum payout is 100000 litoshi. Well it's grateful that you can earn more than that in...

Ethereum and Litecoin: What is happening?

10 May 2021 1 minute read 0 comments KatsuCrypto

Like that song by Chaka Khan and Rufus, “Tell me something good!” Ethereum and Litecoin are pumping so hard right now and it just feels like vindication! I’ve held ETH and bought dips and we’re finally here! $4k ETH!  It’s been quite a while since I’...

3 Red Flags Of Cryptocurrency Scams  

10 Mar 2021 1 minute read 0 comments HACCP76 - Darren Langdon

3 Red Flags Of Cryptocurrency Scams   There are many different kinds of cryptocurrency scams that are victimizing people who are new to the crypto world. Con artists prey on those who don’t know the difference between a legit crypto platform and a fa...

AMAZING! Litecoin Hodlers Price Forecast for Today

1 Mar 2021 1 minute read 0 comments zdigital22

Litecoin hodlers out there, the crypto is up +10.94% today! Litecoin is gaining momentum and this is just the start of week that means for the next 7 days it will be bullish. Litecoin is currently around $170+ as of writing. It's a perfect time to ta...