Litecoin

Litecoin was born as a spinoff from Bitcoin in 2011. At the time it was touted to be a lighter, faster version of its big brother. Today LTC is often referred to as the digital silver to Bitcoin’s gold. The peer to peer open source internet currency was spawned by Google employee and former engineering director at Coinbase, Charlie Lee. Technically Litecoin has a lower block generation time and different proof of work hashing algorithm using scrypt instead of SHA-256. Blocks are generated every 2.5 minutes on the Litecoin network compared to ten minutes for Bitcoin blocks. During the crypto peak of January 2018, LTC hit a high of $375 with a market capitalization of $17 billion. Litecoin adoption is constantly increasing and there are a lot of news, updates and developments from the Litecoin Foundation. Bitcoinist covers the latest Litecoin news including roadmap updates, new partnerships, crypto exchange listings and of course all LTC technical analysis and price predictions.

Reddit Set to Take Bitcoin Payments Again, Along with Litecoin and Ethereum

Reddit is getting ready to accept Bitcoin payments once again. Reddit CTO Christopher Slowe revealed the decision during an interview...

by Osato Avan-Nomayo

May 4, 2018

Coinmarketcap Launches iOS Mobile App

Coinmarketcap (CMC) has released its first-ever mobile app. The cryptocurrency price and market capitalization website announced the release of the...

by Osato Avan-Nomayo

May 2, 2018

Charlie Lee on Selling His Litecoin: ‘It Just Feels Like It’s Not the Right Decision’

In December 2017, Bitcoinist reported that Litecoin founder Charlie Lee had sold or donated his entire Litecoin holdings, in an...

by Adam James

April 29, 2018

Newegg Opening Bitcoin Payments to Canadian Customers

Newegg, North America's leading technology-focused e-retailer, announced on Wednesday that the company is affording customers in Canada the option of...

by Adam James

March 30, 2018