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.


Interesting Moves on LTC, BNB & EOS. (Price analysis)

17 Jul 2020 4 minute read 0 comments Crypto adict (Manu VZ)

The price action of Binance Coin, EOS, Ethereum & Litecoin, against Bitcoin. It's been a fantastic month for a number of altcoins. An ‘alt-season’ occurs when a number of altcoins quickly and astronomically rise against both the dollar and Bitcoin at...

Discovering Lightning Network

15 Jul 2020 1 minute read 7 comments yanis

Lightning Network is probably the most interesting improvement of bitcoin protocol. It supports (theorically) an infinite number of transactions per second, compared to 7 (segwit) of bitcoin layer 1 network. It also allows very low fees, about 1 sato...

Bitcoin and Ethereum with record volumes at Grayscale - institutional investors on the rise

15 Jul 2020 1 minute read 5 comments deleted00024

While Bitcoin and Ethereum have not done much in terms of exchange rates in recent weeks, institutional investors are currently jumping on the crypto train. Grayscale, one of the largest asset managers for digital assets, today released the report fo...

Crypto Website Review: Express Crypto

15 Jul 2020 2 minute read 0 comments Schire

Earn free crypto from thousands of faucets! Hi there! Today I will show you one of the best microwallets I've ever tried. This has thousands of faucets where you can claim crypto for free! This site is called Express Crypto. It is a micropayment wall...

Crypto Website Review: Free-Litecoin

15 Jul 2020 1 minute read 3 comments Schire

Earn Litecoins for free! Let's take a look on one of the most recommended free LTC faucet. This faucet is none other than Free-Litecoin! You can earn here by hourly claim, multiply LTC, interest, and through referrals. Out of all the LTC faucets I've...

Coinpot Challenge Day 72- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

14 Jul 2020 1 minute read 4 comments Zemiatin

Hi guys and welcome to day 72 of my Coinpot Challenge. I am slowly getting towards 10$ earning which will be a pretty sweet milestone for me. Anyway, this is how my earnings look today and also how they looked yesterday on my last update: Now, let'...

Taken a record amount of BTC from exchanges

13 Jul 2020 2 minute read 6 comments Roberto D.

On July 8, an annual record was broken for the number of Bitcoins (BTC) removed from the exchanges: Coinbase at the top of the ranking of prelievicon with a net outflow of well 20,787 BTC: more than all exchanges overall. What does this mean, a bulli...

Grayscale BTC fund shifts focus to Bitcoin and Ethereum

13 Jul 2020 1 minute read 0 comments deleted00024

Digital asset manager Grayscale has increased the weighting of Bitcoin and Ethereum in the DLC fund at the expense of Ripples XRP, Bitcoin Cash and Litecoin. The digital asset management company Grayscale has increased the weighting of Bitcoin and Et...

Coinpot Challenge Day 71- Earning 10.000$ Worth Of Crypto By The End Of 2020 For Free

13 Jul 2020 1 minute read 1 comment Zemiatin

Hello guys and welcome to day 71 of my Coinpot Challenge. My last update was 5 days ago, I should try to do them more often. Here is how my earnings look today: And this is how the earnings looked in my last update: Now, let's convert what we have...

Why Blockfi Is My Top Choice For Interest Bearing Accounts

12 Jul 2020 2 minute read 7 comments Sapphire

The First Prize Of Crypto Being in Crypto, one is aware of the reality that holding Crypto is probably the single most powerful investment strategy going into the future. Many of us, myself included, trade the short-term movements and price action. H...