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.


Interesting Litecoin Developments

14 Jun 2019 1 minute read Gary Leland

Interesting Litecoin Developments You don't have to look hard to see how Litecoin is performing these days. While the opinions on Litecoin may always be somewhat divided, no one will deny this project is attracting a lot of positive interest. BitBlo...

Blockchain - Implementation and possible changes in our daily life

13 Jun 2019 3 minute read Mamaecrypto

When we embark on the crypto journey, one of the words we most encounter is: blockchain. And because it is a new term many of us do not know exactly what it is. But we know that there is a great potential for change in it. What kind of changes can ha...

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read Workin

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...

LTC is rising!

11 Jun 2019 1 minute read jadams2k18

As you can hear with your own eyes, Litecoin, better known as LTC, the fourth most important cryptocurrency, is rising, reaching its highest value in a year: $130. Some people indicate that it may be because soon, during August of this year (2019), i...

Update 10: Cats cryptocurrency prediction experiment!

10 Jun 2019 1 minute read Piet246

After a week full of ups and downs I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so fa...

Crypto's October Surprise

8 Jun 2019 2 minute read Crypto Pappy

I'm just putting this out there for my amusement - and for the record. Over the years I learned to listen to myself. We do have good conversations LOL So here we go ... I've been saying this pretty frequently lately, okay, just thinking it, no ... I'...

Bitcoin, EOS, LTC, ETH, BNB and XRP Analysis: Bulls Put Up a Fight

7 Jun 2019 1 minute read Workin

Yesterday we discussed how bitcoin would likely retest the $7,500 support. I had my doubts this support would hold a second time, but bulls proved again they’re not out of the fight. We watched a textbook double bottom bounce as price rallied to abou...

Litecoin (LTC) Rate May Rise After Halving Event, This Is Why.

6 Jun 2019 1 minute read hashlytag

With the upcoming halving of the rewards for litecoin miners, it is expected that litecoin (LTC) will increase considerably in value. In this article you can read which factors might influence the litecoin rate as a result of this event. Litecoin is...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Five - UP 114%

5 Jun 2019 4 minute read starthere

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. Think...

Bitcoin (BTC) Dealt A Big Blow And Falls In Value In A Short Time

4 Jun 2019 1 minute read hashlytag

Bitcoin (BTC) suffered a major blow last night. In a very short time, the largest cryptocurrency based on market capitalization lost $700 in value. Analysts suggest that this may be due to some whales moving large amounts of bitcoins just before the ...