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.


Bitcoin price

23 Aug 2020 1 minute read 0 comments MikePL

This is my current bitcoin view. Today bitcoin price is on $11600 level.     In my opinion there is small triangle Between 11900-11600. After BTC will breach it we will se which way he go. My idea for the next 3 days? We need to play between this l...

LITECOIN PRICE ANALYSIS AND PREDICTION

23 Aug 2020 1 minute read 1 comment mummyrio

Litecoin is an old altcoin. It has strong developers and communities. There are hundreds of merchants that accept payment in litecoin. Litecoin is also listed in hundreds of big exchangers. The price is quite high. Litecoin place in the 7 rank of cry...

Dusting attacks: the dirty side of dust

22 Aug 2020 3 minute read 5 comments Spitkitten

Last post, I talked about dust. Now, let's get dirty and discuss dusting attacks. The intention is nefarious -- to get ahold of your personal info via your KTCs with all the companies you do your crypto business with. That's not the amusing bit. What...

Oh my god - where to invest?

20 Aug 2020 1 minute read 7 comments MikePL

Everyone who is new in investing or investing in crypto world is looking to find the answer - where to invest, how to invest, which coin to buy, how much should I invest?   Most of them are losing money even if we have bull market. I know people who...

Beware of crypto dusting atttacks, you might be the next victim!

20 Aug 2020 4 minute read 8 comments DeFi.

  A dusting attack is a malicious activity in the crypto-space carried out by cybercriminals to reveal the identity of a person or company. After getting hold of an individual’s identity, they can do a couple of things including blackmail, selling th...

Mommin' It Monday - Episode 11 - Crypto News

20 Aug 2020 1 minute read 0 comments Mamaecrypto

Last week, our Mommin' It Monday episode got cut short but Lisa and I were able to cover most of the topics we planned to cover that day. We started out talking about one of my recent Publish0x write-ups covering the recent Ethereum Rewards addition...

During this Bullrush Litecoin maxed out at...Exactly $69

19 Aug 2020 1 minute read 2 comments LeftAntiPC

It's hard for me to imagine out community didn't push to this price point as a bit of a joke, but it is appreciated. I was watching when it happened and it stayed at almost exactly $69.00 for a few minutes before dropping. Now it's looking like we mi...

Free BCH and LTC Every Hour

19 Aug 2020 1 minute read 0 comments andy_mandy

Hey guys. Sorry I haven't been posting lately; school resumed recently so I haven't been as focused on creating articles here.    For today, I'm just going to be giving you two faucets that you can use on Android (sorry, iOS users. You can use an and...

Dangerous Cryptographic Associations

19 Aug 2020 2 minute read 0 comments alquimista1501

"Digital currencies bring with them both opportunities and threats related to privacy, illicit activity and financial stability, and that the FED must have a clear understanding of both aspects as it moves towards creating a CBDC." This is part of th...

Cryptocurrencies on Wall Street - Bitcoin Cash and Litecoin Now Available on the Stock Market

19 Aug 2020 1 minute read 3 comments NassiroV

Image Source After Bitcoin (BTC) and Ethereum (ETH), it is the turn of Litecoin (LTC) and Bitcoin Cash (BCH) to enter the stock market. The large digital asset manager Grayscale has just announced that its two products based on LTC and BCH will be a...