Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

1,103 Articles 2113 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.


DER CARDANO Effect: Cross Chain Communications & SC Managed Power Project Funding & Returns

27 Jul 2020 3 minute read 7 comments thunderboltkid

No this is not a German language mistake. ;) #DER = "Distributed Energy Resource", the tech on which I work during one of my three contracted  daytime efforts. #CARDANO Strikes Again!: "Internet of Blockchains" Reloaded Charles Hoskinson's "CH" late...

The Behavior of The Strongest in the Market

27 Jul 2020 2 minute read 0 comments alquimista1501

We have recently seen how gold and silver have behaved in recent weeks; the behavior of the gold ETF has set an exceptional pace and it is not surprising that it will soon touch the resistance of $ 2,000, with projections to expire, the following yea...

Easiest Coins to Pump from Binance & OKEx

27 Jul 2020 2 minute read 0 comments Tikyi Khant

7/27/2020 Hi EveryoneIn Current Market,Bigcaps are rising in USD but lowcaps are decreasing in both USD and Satoshi.So,it's time to accumulate on lowcaps/midcaps and I believe many traders will find my list useful. I would like to point out the easie...

Goals

27 Jul 2020 1 minute read 3 comments 1John1:9

A friend and I have decided to have a friendly race to crypto portfolio(or assets bought using crypto) being worth 500k USD. Needless to say he is far ahead of me, but with BTC over 10k, ADA also doing very well lately, ETH over 300 USD, with many mo...

What is Compound? How it works?

27 Jul 2020 1 minute read 0 comments PrisonedBus9641

    Compound is a decentralized finance protocol system (DeFi) whose access is open to smart contracts based on Ethereum. CTokens, the native Compound token, is responsible for activating interests. Compound considers borrowers by allowing them to ta...

Mommin' It Monday - Episode 9

26 Jul 2020 1 minute read 0 comments Mamaecrypto

Hi everyone! We were back with a newly structured episode of Mommin' It Mondays recorded last Sunday in 4 - 12 minutes segments for Lisa's NEW NORMAL daily show. Lisa's New Normal Show is pretty awesome and encompasses a variety of weekly guests dis...

Cryptographic Alternatives Season on the Horizon

25 Jul 2020 1 minute read 2 comments alquimista1501

From March 2020 to date an interesting behavior has been seen in some of the altcoins beyond Bitcoin and its expected bullrun, several of the alternative calls have registered not only interesting movements but are supported by clear fundamentals tha...

Bitcoin Cash and Litecoin officially went public on stocks market!

24 Jul 2020 2 minute read 0 comments NassiroV

Image Source Stock market is beset by cryptos - Grayscale's cryptocurrency investment funds are so successful, so much so that the company has broken new buying records in the second quarter of 2020. Grayscale isn't going to stop, however. on such a...

Litecoin (LTC) Bullish Reversal Pattern Worked As Predicted | Get Ready For Breakout From Triangle

23 Jul 2020 1 minute read 0 comments moon333

Hey, friends hope you are well and welcome to the new update on Litecoin. In my previous article, we have seen that the LTC formed a bullish reversal BAT pattern and entered the potential reversal zone. Now the priceline is moved up from the potentia...

Step By Step Guide - How To Directly Buy & Sell Litecoin In Local Currency?

23 Jul 2020 3 minute read 3 comments HOLYBOY

Are you trying to invest in Litecoin (LTC) or looking for the best website to buy and sell your first Litecoin directly using any payment methods like IMPS, Wire, Paypal, Bank Transfer PayTM but still not found? So we bring you the most trusted and t...