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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Crestie C. Tuvilla on May 24, 2018, 05:26:36 AM

Title: what is litecoin?
Post by: Crestie C. Tuvilla on May 24, 2018, 05:26:36 AM
Litecoin (LTC or Ł[3]) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[4] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[4][5] The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).
Title: Re: what is litecoin?
Post by: Eben on May 24, 2018, 11:28:06 PM
In a nutshell, it’s a cryptocurrency like many others, built on a similar framework and ideal as bitcoin itself. Created by an ex-Google employee a few years after the first cryptocurrency, it’s now one of the most commonly traded crypto-coins out there, with a market value in the billions.
Title: Re: what is litecoin?
Post by: Sherry_mae on June 10, 2018, 02:13:37 AM
Litecoin (LTC or Ł[3]) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[4] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[4][5] The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).

Litecoin was made 2011 2 years after the bitcoin created and the litecoin is using different algorithm. And the litecoin is light weighted and more abundant than the bitcoin for the Litecoin created 84 billion while the bitcoin only made 21 million. And the transaction of litecoin is more faster than the bitcoin for its block spacing of 2.5 minutes.
Title: Re: what is litecoin?
Post by: Khuntul on June 13, 2018, 05:17:02 AM
indeed LTC like BTC, and now i prefer ltc compared to btc.
Title: Re: what is litecoin?
Post by: jbc081475 on June 24, 2018, 05:20:56 AM
indeed LTC like BTC, and now i prefer ltc compared to btc.

It is a cryptocurrency like many others built on a similar framework and ideal as bitcoin itself.Created in a few years after the first cryptocurrency.It is now one of the most commonly traded crypto coins out there, with a market value in the billions.Litecoin is more faster than the bitcoin for its block spacing of a few minutes.
Title: Re: what is litecoin?
Post by: Burdogs on June 24, 2018, 05:11:57 PM
Litecoin (LTC or Ł[3]) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[4] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[4][5] The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).
I think Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances.
Title: Re: what is litecoin?
Post by: idranus on July 26, 2018, 10:49:09 AM
although different bitcoins have similarities with the same bitcoin received many websites as a transaction medium
Title: Re: what is litecoin?
Post by: eldial on July 26, 2018, 12:45:08 PM
I think litecoin is part of many tokens in the market and it will be belong to a cryptocurrency  but the good of litecoin the price maintained permanently because this is under controlled and connected into government such as not decentralized coin.
Title: Re: what is litecoin?
Post by: Bobcrypto on July 27, 2018, 12:03:29 AM
In addition, Litecoin was a fork off of the Bitcoin Core client with a few notable changes and improvements such as decreased block generation time, utilizing different hashing algorithms and decreasing the time needed to process payments.
It is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Title: Re: what is litecoin?
Post by: mojerjer on July 29, 2018, 04:11:02 PM
I think litecoin is part of many tokens in the market and it will be belong to a cryptocurrency  but the good of litecoin the price maintained permanently because this is under controlled and connected into government such as not decentralized coin.

Yeah right.Litecoin has not been a decentralized and should not belong in cryptocurrency like Bitcoin but this coin has the potential in the future.
Title: Re: what is litecoin?
Post by: Mbah Jenggot on August 01, 2018, 04:10:05 PM
Litecoin (LTC or Ł[3]) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[4] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[4][5] The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).

In my opinion litecoin is faster transaction speed and cheaper transaction fee. It is very potential coin.
Title: Re: what is litecoin?
Post by: Pabloiscobar on August 02, 2018, 08:50:29 AM
Litecoin was announced in 2011 with the goal of being the 'silver' to bitcoin's 'gold'. At the time of writing, Litecoin  has the highest market cap of any mined cryptocurrency, after bitcoin.
Title: Re: what is litecoin?
Post by: Hadisularto on August 05, 2018, 02:35:39 PM
Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license, Litecoin one of the Cryptocurrency born after the Bitcoin era.
Title: Re: what is litecoin?
Post by: Negan on August 06, 2018, 10:38:01 AM
Litecoin was announced in 2011 with the goal of being the 'silver' to bitcoin's 'gold'. At the time of writing, Litecoin  has the highest market cap of any mined cryptocurrency, after bitcoin.
Title: Re: what is litecoin?
Post by: Bitdog on August 11, 2018, 10:45:03 AM
The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation
Title: Re: what is litecoin?
Post by: Anggit on August 21, 2018, 02:05:40 PM
What I know about Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license. Litecoin is one of the Cryptocurrency born after the Bitcoin era.
Title: Re: what is litecoin?
Post by: skinhead on August 22, 2018, 04:15:59 PM
Litecoin is a centralized digital cryptocurrency with less transaction payment compare to Bitcoin.It has also a faster block spacing with 2.5 minutes compare to Bitcoin with 10 to 15 minutes.
Title: Re: what is litecoin?
Post by: Jetski on August 23, 2018, 04:01:16 PM
Litecoin is an Altcoins introduce in the market in the year 2011 with a market capitalization of ‎US$6.9 billion and now it grows even better as the number of its investors are rapidly increasing.
Title: Re: what is litecoin?
Post by: Deji on August 24, 2018, 06:04:05 PM
Litecoin is one of the earliest coin in crypto world,which holds a good prospect
Title: Re: what is litecoin?
Post by: chinito on August 27, 2018, 02:58:56 AM
Litecoin is a centralized digital crypto currency and was made by 2011 two months after Bitcoin was created.Litcoin has the a low transaction fee and a faster transaction speed compare to Bitcoin now.
Title: Re: what is litecoin?
Post by: Doctor on August 28, 2018, 05:40:11 PM
indeed LTC like BTC, and now i prefer ltc compared to btc.

I personally prefer litecoin too..Because I see litecoin is more potential and doing well in the market.
Title: Re: what is litecoin?
Post by: Arendra on September 04, 2018, 06:11:40 AM
Litecoin or commonly called LTC is one of the most famous coins. This coin uses P2P and decentralized technology like Bitcoin. In addition, LTC is open source and has a fast transaction confirmation time compared to other digital currencies.
Title: Re: what is litecoin?
Post by: totol02 on September 23, 2018, 04:57:35 AM
Litecoin a crypto coin was made in 2013 when it was priced at $ 4.30, which is now worth $ 60 and the highest price was 348 dollars. Now it is in the 7th position of the market. There are many down now so you can invest in it.
Title: Re: what is litecoin?
Post by: Seeyy on September 25, 2018, 03:39:53 PM
At the time of writing, Litecoin has the highest market capitalization of any cryptocurrency mined, after bitcoin. Litecoin was announced in 2011 with the aim of being 'silver' for bitcoin 'gold'.
Title: Re: what is litecoin?
Post by: Zhuting on October 05, 2018, 12:04:16 AM
Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license. Litecoin is one of the Cryptocurrency born after the Bitcoin era.
Title: Re: what is litecoin?
Post by: Puncak_pelangi on October 06, 2018, 12:54:26 PM
it's true that litecoin also has the power that bitcoin has, and litecoin has many advantages, and litecoin also has the opportunity to become a very potential coin, and we just have to be patient to wait for the time.
Title: Re: what is litecoin?
Post by: pationex on October 08, 2018, 09:02:45 AM
Litecoin is a crypto digital coin a simple version of bitcoin. This coin is ranked in the top 10 in the market cap. The LTC algorithm is different because it uses scrypt. This is different from Bitcoin that uses SHA2.
Title: Re: what is litecoin?
Post by: Agneta on October 10, 2018, 02:32:30 PM
Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license, Litecoin is one of the Cryptocurrency born after the Bitcoin era.
Title: Re: what is litecoin?
Post by: olivia on October 10, 2018, 02:59:08 PM
In a nutshell, it’s a cryptocurrency like many others, built on a similar framework and ideal as bitcoin itself. Created by an ex-Google employee a few years after the first cryptocurrency, it’s now one of the most commonly traded crypto-coins out there, with a market value in the billions.
I been mining litecoin for a few days now, but I realized...  What can I do with it?  When I started mining, I assumed there would at the very least be some place where I could exchange it for BTC.  But I can't even find that!

Is litecoin a waste of energy?
Title: Re: what is litecoin?
Post by: Collacell on October 11, 2018, 10:42:47 AM
Litecoin is a cryptocurency which is also very well known besides Bitcoin which uses decentralized peer-to-peer technology, digital currency whose implementation depends on cryptographic principles to validate transactions and the generation of currencies themselves.
Title: Re: what is litecoin?
Post by: reshat on October 13, 2018, 09:16:26 PM
Lіtесоіn (LTC оr Ł [1]) is a рееr-tо-рееr сrурtосurrеnсу аnd open ѕоurсе software project released under MIT/X11 lісеnѕеѕ. Crеаtіоn аnd transfer оf соіnѕ іѕ bаѕеd on an ореn source сrурtоgrарhіс рrоtосоl and іѕ nоt mаnаgеd bу аnу сеntrаl authority. Whіlе inspired bу, and in mоѕt regards technically almost іdеntісаl tо Bіtсоіn (BTC), Litecoin іѕ far quісkеr аnd cheaper.
Title: Re: what is litecoin?
Post by: waitingforday on October 13, 2018, 09:59:04 PM
Lіtесоіn it is like smaller and faster bitcoin.
Title: Re: what is litecoin?
Post by: Blue4 on October 14, 2018, 05:40:04 PM
Litecoin is powerful and advance platform than bitcoin system hereby we can send payment high speed and high secure . Litecoin is decliced system so it's running without a central authority or governance agency.
Title: Re: what is litecoin?
Post by: olivia on October 15, 2018, 03:11:01 AM
Litecoin is an electronic money made in 2011 and open source software under the MIT / X11 license. Litecoin is one of the Cryptocurrency born after the Bitcoin era.
Title: Re: what is litecoin?
Post by: Zeus29 on October 15, 2018, 02:56:08 PM
Litecoin is an open source, global payment network that is fully decentralized without any central authorities.Currently  Litecoin has quickly risen from obscurity to become one of the world’s most popular, well-known and most valuable cryptocurrencies.
Title: Re: what is litecoin?
Post by: kent47400 on October 16, 2018, 08:19:57 AM
And it can also be said that Litecoin is the cryptocurecny Silver.
If the Bitcoin is Gold and Ethereum is a diamond, Litecoin is Silver.

i love Litecoin.
Title: Re: what is litecoin?
Post by: Sakita Joana on October 16, 2018, 09:42:39 AM
litecoin has the potential of bitcoin, I also think that litecoin is the best among other altcoins. but litecoin can be an alternative choice besides bitcoin because it has better advantages
Title: Re: what is litecoin?
Post by: reshat on October 16, 2018, 07:27:08 PM
Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011.
Title: Re: what is litecoin?
Post by: Glujelly on October 18, 2018, 03:47:59 PM
Litecoin is a crypto currency made in 2011 using open software (Open-Source Software) under the MIT / X11 license.
Title: Re: what is litecoin?
Post by: simplex on October 18, 2018, 06:23:23 PM
Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase. The Litecoin network went live on October 13, 2011. It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.
Title: Re:
Post by: casas on October 19, 2018, 09:50:45 PM
The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation.Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.
Title: Re: what is litecoin?
Post by: Warung_lontong on October 20, 2018, 10:12:27 AM
it's true that litecoin is very good, and I strongly believe in the potential of litecoin in the future, and litecoin is not centralized and litecoin is almost similar to bitcoin.
Title: Re: what is litecoin?
Post by: Kitme on January 24, 2019, 10:32:57 AM
Litecoin is most reliable altcoin and litecoin has powerful technology hereby we can make high secure and high speed payment transactions infact it's powerful altcoins  thus still it's remain top 5-10 places in coinmarketcap
Title: Re: what is litecoin?
Post by: modus on February 01, 2019, 03:02:57 AM
Litecoin is one of the crypto currencies or often called digital currency.