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.


Update 19: Cats cryptocurrency prediction experiment!

21 Aug 2019 1 minute read Piet246 $0.08 tipped

After a week in which BTC dropped from $12000 to $10000 because of the dumping of BTC by plustoken scam on exchanges . 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 crypt...

Free Litecoin LTC Faucet Mobile App (on Android and IOS)

20 Aug 2019 2 minute read Bitcoin Aliens $4.67 tipped

We’ve launched our brand new Free Litecoin Mobile app today on the Android Play store and coming soon for iOS! Download it here and start earning Litecoin rewards today. Earn Free Litecoin with the Latest Mobile Faucet App from Alien Apps Don’t have...

Whether Litecoin may soon rise in price despite the massive selling pressure and the recent dusting attack?

19 Aug 2019 1 minute read Cryptonewscom $0.38 tipped

According to NEWSBTC: Litecoin has been enveloped in negative sentiment, which has largely originated from its lackluster price action after the halving event and a recent dusty attack that has affected nearly 300,000 addresses LTC on Binance   Litec...

LTC, XRP price analysis - 08/19/2019

19 Aug 2019 1 minute read zulonga $0.57 tipped

This post is intended to make a quick analysis of Litecoin (LTC) and Ripple (XRP) prices in the medium term against the US dollar. Litecoin (LTC) According to Elliot wave theory, we are now going through correction wave 2 A, B, C with the current st...

Litecoin fund is running out quickly. What will Litecoin's future be like?

19 Aug 2019 1 minute read Cryptonewscom $1.14 tipped

Litecoin fund is going through a financial crisis? Yes, according to the report, the fifth largest electronic currency in the world currently has only 96,000 USD in reserve at the end of the first quarter of 2019 However, Charlie Lee - the father of...

we know that cryptocurrencies are so good, so why are so many governments don't like it?

19 Aug 2019 6 minute read PH-X $0.15 tipped

Let's start this discussion again. we know that cryptocurrencies are so good, so why are so many governments don't like it? If people use bitcoins, instead of the state currency, the government can not "tax" them or give a "value" through the inflati...

Litecoin dusting attack by hackers how and why - Explained

16 Aug 2019 3 minute read CryptoArgha $0.17 tipped

Litecoin is 5 th largest cryptocurrency according to coinmarketcap founded by Charlie lee Recently world largest crypto currency exchange binance CEO along with litecoin foundation CEO and Founder Announced a potential Dusting attack on litecoin netw...

Hackers everywhere.. They Login in my p2pb2 account.. Be careful and always use different passwords for different sites.

14 Aug 2019 1 minute read Musawer $0.23 tipped

I was shocked that I received a mail from p2pb2b exchange that somebody login my p2pb2b exchange account and that was not me. They provided me the ip adress of that device and some other instructions to keep my account safe. The ip adress was.(115.75...

Happy To See Litecoin FUD Finally Explained - Seeing Charlie Lee Prioritizing Development Gives More Confidence for the Project

14 Aug 2019 2 minute read kevW!ls0n $4.74 tipped

A few days ago, a Litecoin Foundation chat between core Litecoin members - including founder Charlie Lee - was leaked (and posted on Reddit), which held some worrying information for Litecoin investors. The crux of the discussion revolved around Conf...

Attack on Litecoin owners!

13 Aug 2019 1 minute read Roberto D. $0.24 tipped

Recently, Litecoin owners on Binance have suffered a hacking attack, but what is a dusting attack? Unfortunately with the new digital currencies new types of attacks have also been born to steal information, or in the worst case, the coins themselves...