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.


Litecoin (LTC) will release a credit card

20 Jun 2019 1 minute read Chriss Airdrop $0.05 tipped

Litecoin (LTC) will release a credit card in partnership with Bibox and Ternio   It seems that the trend towards cryptomoney-based credit cards is returning in force. After the Coinbase exchange, it is the Litecoin Foundation that announces a Litecoi...

Litecoin is the maximum winner of the top 10 market in the day.

19 Jun 2019 2 minute read daniejjimenez $2.55 tipped

The lateral movement of Bitcoin prices and many cryptocurrencies has generated some stability in the cryptographic market, with a slightly stable volume at levels of $ 286 billion dollars and a BTC dominating the scene with 56.8 percent. This has ge...

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

18 Jun 2019 1 minute read Workin $0.36 tipped

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600. In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch...

LitecoinCash Halving Is Less than Two Weeks Away

18 Jun 2019 1 minute read LiteLiger $1.32 tipped

LitecoinCash Halving is Near LCC betterly known as LitecoinCash is going have its first halving process at block 1,680,00 which is predicted to happen at 28th Of June, which is less than 2 weeks away and its going to drop the block reward from 250 L...

Update 11: Cats cryptocurrency prediction experiment!

17 Jun 2019 1 minute read Piet246 $0.06 tipped

After a week that was mostly positive 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 cryptocurrency in front of the cat. He chose Ethereum with his paw. Updated results so...

Bitcoin's Perfect BULLISH Storm! - Mainstream Pumping Crypto! - $16k Bitcoin in OCT- Life Changing $

17 Jun 2019 1 minute read CryptoBitcoinChris $0.14 tipped

  ?? Join the BEST trading group on YouTube! ???? https://www.patreon.com/cryptobitcoinchris ???? Crypto Payments Accepted! 6 month minimum ??Crypto Discounts: 10% off 6 months or 20% off 12 monthsCrypto Payment Instructions: CryptoBitcoinChris@gmai...

Litecoin's Relative Volume Is Phenomenal

15 Jun 2019 1 minute read silvergoldcrypto $0.01 tipped

Litecoin's relative volume really is phenomenal. Relative in terms of it's market capitalization. Compare it to BCH for example then you will see what I mean. LTC market cap: 8.3 billion and BCH : 7.4 billion, but yet LTC volume more than 2.5 times...

Interesting Litecoin Developments

14 Jun 2019 1 minute read Gary Leland $0.04 tipped

Interesting Litecoin Developments You don't have to look hard to see how Litecoin is performing these days. While the opinions on Litecoin may always be somewhat divided, no one will deny this project is attracting a lot of positive interest. BitBlo...

Blockchain - Implementation and possible changes in our daily life

13 Jun 2019 3 minute read Mamaecrypto $2.08 tipped

When we embark on the crypto journey, one of the words we most encounter is: blockchain. And because it is a new term many of us do not know exactly what it is. But we know that there is a great potential for change in it. What kind of changes can ha...

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read Workin $0.33 tipped

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...