Litecoin Topic - Our Suggestion
How to choose a Litecoin trading bot and automate your way to better profits
Cryptocurrencies have been enjoying increased popularity in recent years, and there is every indication that this is set to continue. Litecoin was one of the earliest of the cryptocurrencies, appearing in 2011, and despite literally thousands of other coins launching in the meantime it remains in the top 10. People who were previously unconvinced about cryptocurrency investing have woken up to the possibilities, and that may be what has brought you to this article on Litecoin trading bots. You want to trade and you want automation to help you do that successfully. LTC trading offers the potential for significant profits, but it isn’t for the fainth... Read more
Litecoin vs Ethereum - Facts and Features Compared
Litecoin was forked from Bitcoin, the cryptocurrency that started it all. It was designed as a kind of digital cash, and Litecoin came along a couple of years later as a lighter version (hence the name) in the sense that it would handle transactions more quickly and charge you less for the privilege. In comparison, Ethereum looks totally different. It can be used to make payments but that wasn’t necessarily the intention when it was proposed. Ethereum began what’s known as the “Blockchain 2.0” era, where blockchain technology wouldn’t just be used for payments but could be leveraged to handle other tasks too. &... Read more
Litecoin vs DASH: which one of these popular cryptos should you invest in?
If you’ve been dabbling with cryptos even for a little while then it’s likely that the question of DASH vs Litecoin will have piqued your curiosity, especially since speculative trading has taken some of the profit potential out of the Bitcoin and Ethereum pair. Both are considered to be fairly mature now and their popularity is no doubt a reflection of the fact that they are still around even after stiff competition from many newcomers with attractive features. Litecoin vs DASH is an interesting question because these altcoins have distinguished themselves from the rest of the herd to the extent that leading investors are consiste... Read more
Bitcoin Cash vs Litecoin—comparing two of the first cryptocurrencies to find which is best
Bitcoin Cash (BCH) and Litecoin (LTC) are two respected cryptocurrencies that arose as competitors to Bitcoin (BTC). Litecoin came along two years after Bitcoin in 2011, and it’s been one of the top cryptos ever since. Litecoin also uses a proof of work mechanism to verify transactions, but its approach is a little different from Bitcoin’s and it’s notably faster at verifying them. Bitcoin was a pioneer, but it doesn’t scale well. Bitcoin Cash was created in order to address the problems it has coping with large numbers of transactions. Bitcoin Cash can fit more transac... Read more
Litecoin vs Bitcoin Comparison: which of these two cryptos should you invest in?
Litecoin vs Bitcoin... It’s been over 10 years now since some unknown group or individual (no one quite knows) going by the name of “Satoshi Nakamoto” created the digital currency Bitcoin (BTC). Something that started as a curiosity ballooned within just a couple of years into a global phenomenon. Bitcoin didn’t just dominate headlines and capture the imaginations of investors all over the world, it also inspired a whole raft of imitators too. Charlie Lee used to be an engineer at Google, but he saw the potential of creating a fork of Bitcoin which he named Litecoin (LTC). Although it was based on Bitcoin it posse... Read more
What are the Best Litecoin Exchanges Online?
Searching for the best Litecoin exchanges online can be a daunting prospect, but this post on where to buy Litecoin will make it easier for you. The best LTC exchanges are designed to offer the fastest path to purchasing Litecoin, providing support for fiat currency storage and Litecoin transfers. Fortunately, registering with them is usually quick and easy: just take a few moments to create your own account in a few brief steps. You will be asked to submit standard personal details, and the exchange may request some form of photo identification for security purposes too. You’ll be ready to start once you add th... Read more
How to get into Litecoin trading and invest in this evolving cryptocurrency
In 2020 it’s estimated that there are now somewhere between 4000 and 7000 cryptocurrencies, depending on who you ask. With so many out there being traded every day, what makes Litecoin trading any more attractive than the rest? Part of the appeal of LTC trading is the fact that the coin was designed to be more usable than Bitcoin, which may offer the prospect of high value for traders but it isn’t very user-friendly. Litecoin’s blockchain can verify blocks in less than three minutes, compared to Bitcoin’s more usual 10, and it also has a far greater supply, with 84 million coins to BTC’s 21 million. On the list of... Read more
How to buy Litecoin?
Litecoin was invented in 2011 by Charlie Lee. It’s built with the same technology as Bitcoin, in that it’s a blockchain-based peer-to-peer cryptocurrency. That means that it also doesn’t have any single controlling entity in charge and all transactions are recorded in its distributed ledger. Should you buy Litecoin? “Yes” would be the answer to that. While there is no doubt that Bitcoin was a pioneer and has been a great investment for some, it has its limitations as a practical currency. Litecoin can handle more transactions more quickly with almost no transaction fees. How to buy... Read more
What is the Litecoin Mining Algorithm?
Crypto mining machines utilize different algorithms to mine coins. As you may or may not know, Bitcoin uses the SHA256 algorithm for mining, while Litecoin relies on the scrypt algorithm for proof of work instead. Scrypt is a sequential memory hard function, and it demands greater memory asymptotically than Bitcoin does. The SHA256 algorithm isn’t memory hard or leak proof. As the Litecoin mining algorithm is scrypt rather than the SHA256 algorithm, those mining devices which comprise ASIC (application-specific integrated circuits) can be tough to put together. Sometimes, they m... Read more
Litecoin Cloud Mining: Everything You Need to Know
Cloud mining has become a common term in online cryptocurrency communities, and anyone with even a passing interest is sure to have encountered it at one time or another. In fact, some may even say cloud mining appears to have consumed the cryptocurrency world, with more and more users delving into it every single day. As a result, it’s getting harder to mine some types of cryptocurrencies, though Litecoin (LTC) remains a fantastic option for miners. And that’s why we’re going to explore Litecoin cloud mining in detail in this extensive guide: by the time you read the final words, you’ll be in a better position to try L... Read more