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.


10 Day Update on My Trading on L7Trade Platform 📉📈 - 1.31858726 LTC Deposited, How Much have I Made in 10 days?! 💰💰💰

3 weeks ago 2 minute read carpediem $0.19 tipped

Hello again Crypto fans,   So have promised to do an update on my progress with this new arbitrage platform called L7Trade. On my last post I have shown my statistics after a week of investing just over 125 XLM into the platform. It looked very promi...

Update 17: Cats cryptocurrency prediction experiment!

3 weeks ago 1 minute read Piet246 $0.15 tipped

After a week in which BTC came back from $9.500 to $10.000 and will maybe start a new bullrun in the coming days. 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 cryptocurr...

BTC, ETH, XRP, LTC, BCH Price Prediction for August 2019

3 weeks ago 6 minute read CryptoChartWizard91 $4.94 tipped

Finally, the cryptocurrency markets have started to show the initial signs that this period of recent consolidation may have come to a close. With August upon us, I felt it was time to update my last predictions so here are my price predictions for t...

9 Days Till Litecoin Halving - What is This And Why Should You Care?

4 weeks ago 2 minute read yourmitchy $2.83 tipped

A reduction in inflation is great in any market. Restricting the supply of an asset really does change the dynamics of the market over a longer period of time and this will be the same case for Litecoin when the block reward halves again in 9 days ti...

26/07/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS.

4 weeks ago 1 minute read Danoskie $0.05 tipped

  The market goes red again as almost all the cryptos witnessing their latest downs this week.Except for very few coins like Bitcoin Cash and DAI which have maintained the good record while others suffers to survive.Can this be a chance for investors...

25/07/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS.

4 weeks ago 1 minute read Danoskie $0.09 tipped

  Boom!The bearish period is over as most coins gain back their losses.BTC, the king of all other coins which was below $10,000 last night has now gone beyond $10k and still have more to offer.For today's update, all coins gave except Pivot's PVT whi...

Update 16: Cats cryptocurrency prediction experiment!

4 weeks ago 1 minute read Piet246 $0.08 tipped

After a week in which BTC came back from $9.000 to $11.000 and fell back to under 10.000$ and hopefully will recover in the coming days. I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physi...

Can You Make The Cut?!

24 Jul 2019 1 minute read TheCryptoCurator $0.05 tipped

If you are a skilled Crypto trader, here is your chance to show your skills! Join this competition powered by Niffler.co and IF you are the last person standing, you could possibly win an Ellipal Titan best in class Cold Wallet! In addition, each rou...

Litecoin Consolidating and Slowing Down

23 Jul 2019 1 minute read Oligon $0.50 tipped

Litecoin recently broke past the support at $95 and by the number of sideway bars with little movement, I say we might enter a consolidation period. I believe looking at market structure we can expect a retest of that level and price heading to the n...

If Bitcoin is The New Gold, is Litecoin or Actually Bitcoin Cash The Silver of Crypto?

23 Jul 2019 1 minute read Da_Sound $2.24 tipped

People regularly call Bitcoin “digital gold” for being an ideal store of value, fungible and generally possessing the same properties as gold, but with advantages. It is also the measure against which other tokens are valued, similar to gold and curr...