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.


How Can Get Backup Of Litecoin by Crypto Wallets Info

29 Aug 2020 1 minute read 0 comments Crypto wallets info

  How to Get Litecoin. LITECOIN ELECTRUM. In this video I will show you how to Get Back of Litecoin wallet which you can directly from the Litecoin Desktop wallet app . If youre using the iCenter.co Litecoin Bot for daily passive income then this is...

How to Easily Install the Litecoin | Litecoin Desktop Wallet | Litecoin Wallet Setup

29 Aug 2020 1 minute read 0 comments Crypto wallets info

  How to Easily Install the Litecoin. LITECOIN ELECTRUM - INSTALL - In this video I will show you how to download, install, and setup your Litecoin Electrum Wallet, which you can download directly from the official Litecoin website. If youre using t...

LTC long term analysis - 27.08.2020

27 Aug 2020 1 minute read 2 comments eliaskh

On a weekly timeframe, the LTC is in a consolidation phase after breaking the previous weekly highs and the 23.6% level of the weekly Fibonacci retracement at 55$. However, the price is now testing this strong level that served as a support and resis...

Hard Fork OF Hardfork - Money Making Tool

26 Aug 2020 1 minute read 1 comment mummyrio

As we can see, there are tens of coin hardforks. Bch, btg, btc sv, etc, eti, and many other coins. Reasons behind hardfork are almost the same, changing protocol, MB size block, scalability, and other technical reasons.  Hardforks are good tool to im...

Litecoin Price action and story brought to you by new cat narrator Mochu

26 Aug 2020 3 minute read 3 comments Greenchic

   Please welcome the cat narrator of this Litecoin story - Mochu Hel..Hello guys. Today’s crypto Litecoin’s story will be narrated by me, Mochu. My best mate, Garu who is the popular Bitcoin cat here, is generally the cat that narrates Bitcoin rel...

Prime XBT - Bitcoin-based multi-asset trading platform with no KYC

26 Aug 2020 1 minute read 4 comments Cryptotexty

Prime XBT is Bitcoin-based multi-asset trading platform, which offers up to 1000x leverage on commodities, cryptocurrencies, forex, and stock indices. No KYC required for traders Instant Bitcoin deposits with opportunity to buy BTC using a credit...

Litecoin vs. Bitcoin Cash: Which Will Win the Battle of Digital Cash?

26 Aug 2020 5 minute read 52 comments Ben Wehrman

Hello friends, If you're like most people, you love receiving Bitcoin. If you're also like most people, you hate giving away your Bitcoin in the form of paying for stuff. You are not alone. BTC is looking more and more like a true digital gold -- AKA...

Optimize your crypto portfolio trading on BlockFi

23 Aug 2020 1 minute read 2 comments ManuelAR

In a previous article we explored various decentralized Financial platforms that we can use to earn some interest on our crypto assets. (Read it HERE) I have been earning interest on my crypto holdings in BlockFi and Nexo, which are two of the platfo...

LITECOIN PRICE ANALYSIS AND PREDICTION

23 Aug 2020 1 minute read 1 comment mummyrio

Litecoin is an old altcoin. It has strong developers and communities. There are hundreds of merchants that accept payment in litecoin. Litecoin is also listed in hundreds of big exchangers. The price is quite high. Litecoin place in the 7 rank of cry...

Dusting attacks: the dirty side of dust

22 Aug 2020 3 minute read 5 comments Spitkitten

Last post, I talked about dust. Now, let's get dirty and discuss dusting attacks. The intention is nefarious -- to get ahold of your personal info via your KTCs with all the companies you do your crypto business with. That's not the amusing bit. What...