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 price analysis upside capped under $66

29 Aug 2019 1 minute read goldenforex $0.16 tipped

Litecoin cost crushed through the $70 bolster like an unstable gadget in the mines. Specialized markers: Recuperation is conceivable yet the obstruction at $66 will be a hard nut to open. Litecoin dropped like a dead weight noticeable all around afte...

Learning and Building Blockchain is hard - here's why!

27 Aug 2019 5 minute read CryptoArgha $0.16 tipped

Blockchain is a modern technology created in 2009 by a man named Satoshi nakamoto The hype and chase around this technology is raising day by day and people are trying to learn explore the potential of this technology. Blockchain has a great future a...

Alien Apps Faucets Paid Out OVER $11,000 in August!

27 Aug 2019 1 minute read Bitcoin Aliens $5.47 tipped

Combined across our apps we've paid out OVER $11,500 to a record 164,653 addresses - JUST in August! Free BCH On just our Free Bitcoin Cash app we've paid out a total of $8300 in more than 111455 transactions JUST in August. This equates to 27.32602...

If Cryptos Were Animals

26 Aug 2019 1 minute read Cryptolohy $0.59 tipped

The following article is made mostly for fun, but I think it might also help to convey interesting information to a newbie in a friendly and easy way. So, without further ado, let's begin   Bitcoin I imagine the oldest and most resilient crypto bein...

Litecoin After Halving

25 Aug 2019 1 minute read darianosch $0.18 tipped

Litecoin After Halving Litecoin's Hashrate is down 28% since it was halved, LTC drops to $74. The hashrate of Litecoin's network is falling heavily. After halving in early August, the hashrate fell by 28%. This is because the block reward for the min...

Halving Litecoin, what's going on? (future price analysis)

24 Aug 2019 1 minute read Roberto D. $0.53 tipped

The Halving of Litecoin (that is the halving of the reward for the miners), was the great event of this summer 2019; practically all the websites, both in the sector and in the generalist ones, have given coverage to the news and the promises of phar...

Litecoin mining power fallen after the new halving

23 Aug 2019 1 minute read CryptoArgha $0.14 tipped

Litecoin is the 5th largest cryptocurrency according to coin marketcap and its Minable Recently the litecoin foundation conducted a update on the litecoin blockchain and made few changes. Many people are mining litecoin for living. Litecoin miners ar...

Can someone help explain BTC wallets to the US Treasury?

23 Aug 2019 1 minute read beachbummer $0.16 tipped

A news item popped up where the US Treasury was trying to do the right thing by blocking funds to 3 alleged Chinese drug kingpins. The only problem was that these criminals were using BTC and LTC address to receive funds from their clients, so the US...

x200 Leverage Coming to Trade Bitcoin, Ethereum and Litecoin + 40% fees off

22 Aug 2019 1 minute read kingscrown $0.29 tipped

This is a new spot, i have met authors. They wanna take market cut from bitmex and offer insane bonuses if you signup now before launch. Even if you never traded leverage its good to have an account there, even just waiting due to discounts on fees t...

Facebook is Dealing with Its Own News Administration

21 Aug 2019 1 minute read goldenforex $0.09 tipped

Facebook is procuring a little group of writers to take a shot at its new area of the News Tab, which will start work not long from now. Albeit a large portion of the articles on the News tab will be made utilizing computer based intelligence, a grou...