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.


What is your decision, Dogecoin or Litecoin?

12 May 2020 1 minute read 1 comment Emir Can

After the split, the bitcoin began to improve. Altcoins have begun to keep up with this situation. So the market value has increased and is increasing.     Dogekoin was also on the rise recently. But suddenly it started to fall.   The transact...

Cryptobuyer, Mega Soft and Venezuela: the cooperation to make cryptocurrencies a true exchange currency in a country.

12 May 2020 1 minute read 0 comments PrisonedBus9641

The hyperinflation rate in Venezuela had peaked at 10,000,000%. This blow to their finances makes it impossible to keep VES, Venezuela's national currency, for more than a day. Over time, inflation has dropped significantly, but cryptocurrencies rema...

🎁 Get 50$ (ELD) For Free

12 May 2020 1 minute read 2 comments Airdrop Radar

🔥🔥NEW ETH.Limited 50 $.. Maximum total: You can earn 150$ worth in ELD token. 1. Start telegram bot  join 2. Join Telegram group 3. Join Telegram channel 4. Follow Twitter 5. Subscribe to Youtube 6. Complete Airdrop form // airdrop form 7. Submit ETH...

LBRY Credits (LBC) mooning

12 May 2020 1 minute read 3 comments Jakonfire

LBRY Credits (LBC) mooning Welcome to lbry.tv a blockchain-based digital content protocol containing a digital library of content. But the best and the main reason why you should use this platform is the possibility to receive various rewards. Of cou...

Litecoin's (LTC ) unexpected transition to BitGo's multi-signature wallet

12 May 2020 1 minute read 1 comment AlexMMO

Litecoin's (LTC ) unexpected transition to BitGo's multi-signature wallet. According to the information of the party   The Litecoin Fund (LTC) announced on May 7 that they will move from multiple sigrum Electrum-LTC to multi-sig wallet of BitGo.  Why...

Litecoin: Three years since SegWit activation, usage stands above 70%

12 May 2020 1 minute read 0 comments PassionCryptodotcom

Segregated Witness or SegWit was first activated on the Litecoin network exactly three years ago. First proposed by Pieter Wiulle in 2015, to address malleability issues. But later, it was found that this could also increase the block size of Bitcoin...

Cryptocurrency Updates - 11/05/2020

11 May 2020 1 minute read 1 comment Gamer boy1110

Dash and Kucoin Celebrate Partnership: Deposit to earn Dash   Win  0.66 Dash for First deposits Win share of 80 Dash for deposits  Details:   LiteCoin Are Migrating His Wallet from LTC Electrum  to Bitgo     Migrating From LTC Electrum Multisig to...

Full List of Litecoin (LTC) Partnerships, Integrations and Collaborations (2020)

11 May 2020 8 minute read 10 comments list3r

Litecoin (LTC) is one of the oldest altcoins that still exists today. It doesn’t just exist but it is also one of the top altcoins in the top 10 market cap ladder. You can say that Litecoin is the only successful altcoin from the 2011 era. Before we...

Litecoin wallet migrates to bitgo multi -sg

11 May 2020 1 minute read 1 comment CryptoArgha

Recently foundation behind crypto currency (Litecoin) litecoin foundation announced to migrate from multi - sig electrum wallet to bitgo multi - sg wallet. This news was first posted by litecoin foundation on may 7 that shows litecoin is planning to...

THIS is the tweet Crypto Twitter is talking about!!

11 May 2020 1 minute read 0 comments bitcoindelight

After we experienced rejection from the latest upward trend and a price drop below $USD 8200 on Bitcoin we are currently trading BTC for approx $USD 8700. Major altcoins like Ethereum, Litecoin and EOS followed the downtrend still heavily connected t...