Litecoin (LTC)

228 Articles 309 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.


Monday could be the start of the next bullrun - BAKKT goes live

20 Sep 2019 1 minute read Phabulu $0.13 tipped

Monday could be the start of the next bullrun The key to its success is something called the blockchain. The blockchain is a means of solving the double-spending problem: which is that because the currency is digital it is open to being copie...

Top 3 price prediction Bitcoin, Ripple, Ethereum: Ethereum points to the Moon as Bitcoin takes a break

20 Sep 2019 3 minute read goldenforex $0.05 tipped

ETH/USD surpasses $220 and is offering to lead the market. Bitcoin sets a bear trap and recovers $10,000. XRP slows down between specialized levels and neglects to combine $0.30. Landing toward the part of the bargain, we can say that what has occurr...

LTC / USDT Technical Analysis [BINANCE]

16 Sep 2019 1 minute read MrBullishSail $1.59 tipped

LTC seen from the temporality of 1D we can observe a bullish movement inside the minor figure that represents an ascending wedge indicated in the graph by means of 2 red diagonals, the price should still mark a new HH inside this figure before ha...

Detailed View of Current Altcoins Situation, Reversal Is Coming? - ETH, LTC, XRP & BAT Price and Time Analysis

15 Sep 2019 3 minute read zulonga $2.09 tipped

Introduction I was analyzing the Basic Atention Token (BAT) cryptocurrency and was able to find a relationship with countless other altcoins I have on my radar - including NANO that made a recent post talking about the difficulty it is having in rais...

Litecoin Rise Unveiling!

12 Sep 2019 1 minute read Oligon $0.94 tipped

CONTEXT Litecoin has been on a massive sell off in very similar magnitude and length (2-3 months roughly) than the rally that took price from $65 to $145 for a +100% increase. Similarly, since late June, price has lost half it’s value in about two mo...

Cryptocurrencies price prediction: Bitcoin, Ethereum, Litecoin 11 September

12 Sep 2019 1 minute read goldenforex $0.45 tipped

Bitcoin value forecast: BTC/USD go to considerable lengths to remain above $10,000 Bitcoin (BTC) has been floating around $10,000 handle on Wednesday. A few endeavors to take the value lower bombed as purchasers flew in each time the cost contacted t...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

11 Sep 2019 7 minute read Mr.CryptoWiki $7.84 tipped

The cryptocurrency market is flooded with varying types of cryptocurrencies with different unique use cases. Some cryptos intend to be transparent and trackable currencies (electronic cash), while others implement privacy features to feature complete...

Cryptocurrencies price prediction: Bitcoin, Ethereum Classic, Litecoin

11 Sep 2019 1 minute read goldenforex $0.38 tipped

Bitcoin is dumping toward 10K in enormous volume auction! Unexpectedly in the midst of no genuine key news BTC/USD auctions off USD 200 to dip under 10K. 1.27 million contracts where exchanged as the short exchange assembled energy.   And so forth/U...

Daily Price Overview - Where The Top10 Crypto's are Headed?

10 Sep 2019 6 minute read CryptoChartWizard91 $7.38 tipped

The cryptocurrency markets are in an interesting position as cries for altcoin season start to increase across the crypto sphere. As Bitcoin starts to show signs of weakness, many altcoin holders are starting to wonder if its time for the elusive “al...

Cryptocurrencies price prediction: Bitcoin, Litecoin, Ethereum - American Wrap

10 Sep 2019 1 minute read goldenforex $0.20 tipped

BTC/USD specialized examination: Bitcoin rejects lower levels today On the intraday time allotment, BTC/USD has rejected lower levels twice in the present session. The territories set apart by bolts on the graph demonstrates where the present princip...