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.

Top Crypto New | July,21th

21 Jul 2020 1 minute read 0 comments deleted00024

Part01: Crypto News 1- The creators of blockchain-powered virtual reality game Decentraland (MANA) reported that their Marketplace app has been added to Samsung Blockchain Wallet , a feature of Samsung's newest smartphones. Decentraland stated that...

🚀 Boomers Can Now Own BCH & LTC In Addition To BTC & ETH!

21 Jul 2020 1 minute read 0 comments Elad

Grayscale granted approval by FINRA to trade BCH and LTC publicly The Financial Industry Regulatory Authority in the United States has approved shares of Grayscale’s Bitcoin Cash (BCH) and Litecoin (LTC) Trust for public trading.Both Trusts will be a...

Episode 118: Will The Grayscale Announcement lead to a Bitcoin Cash & Litecoin Bullrun?

21 Jul 2020 1 minute read 3 comments NewCreationCapital

Video: Audio:   Join The New Creation Cronies Telegram Group In Episode 118: Will The Grayscale Announcement lead to a Bitcoin Cash & Litecoin Bullrun? Story Related Links: "We expect both products to trade on the OTC market under their respective...

Play To Earn Crypto: CryptoRize

21 Jul 2020 2 minute read 0 comments Schire

As promised, I'll be making a review again about an app where you can play and earn crypto for free. This app is called CryptoRize. This is a very fun game where you play by combining similar-looking crypto coins. Just touch or click two or more coin...

For Last but not Least.... Litecoin

20 Jul 2020 2 minute read 0 comments alquimista1501

As always, the world of cryptocurrencies presents a lot of movement, for better or for worse, some of the main alt's are giving something to talk about, and of course, not to mention the queen currency, Bitcoin, who is looking for a favorable positio...

Litecoin is now listed & trading on Polarity.Exchange

20 Jul 2020 1 minute read 0 comments Samurai6 team is pleased to announce Litecoin has been listed on our fifth week of trading. Telegram: #Litecoin has served for a long time as the testnet/precursor for what is to come from its original...

Bitcoin giant grayscale has raised $ 1,400,000,000 to date in 2020

20 Jul 2020 1 minute read 0 comments deleted00024

Institutionalization, i.e. the interest of institutional investors in Bitcoin and Co., has long been considered a hot candidate for one of the decisive triggers of a possible next bull run. The hope is that while the price explosion in 2017 was cause...

Coinpot Challenge Day 78- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

20 Jul 2020 1 minute read 6 comments Zemiatin

Hello guys and welcome to day 78 of my Coinpot Challenge. Bellow you have my earnings on the platform at the moment of writing the article and how the earnings looked 3 days ago in my last update (Day 75): And now let's convert what we have today t...

Mommin' It Monday - Episode #8 Crypto News

19 Jul 2020 1 minute read 6 comments Mamaecrypto

Hi everyone! In our Mommin' It Monday Live today Lisa and I got a chance to discuss the most current topics in Crypto with  sass and possess. As recorded on Cointelegraph, studies indicate that we ladies are taking over the crypto realm and that is...

Litecoin (LTC) Is This Bullish Reversal Pattern Signal For Bull Run ??? | Watch Details With Targets

18 Jul 2020 1 minute read 0 comments moon333

On long term weekly chart the price action of Litecoin is moving in a descending triangle since 2017. I have also placed the volume profile indicator on the complete price action moving within this triangle. And we can observe that the trader’s inter...