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...
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.
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...
Litecoin Is the Dark Web’s Favorite Altcoin
Litecoin has unexpectedly increased in preference among internet users looking to transact cryptocurrencies for illicit services. It is now the...
It’s Lights Out for LitePay as Company Ceases All Operations
LitePay, a much-hyped payment service allowing vendors to accept and instantly convert Litecoin payments into fiat currencies, has ceased all...
Lightning Network Goes Live with $2.5M Funding from Twitter CEO, Tesla & SpaceX Investor
The first official beta implementation of the Lightning Network (LN) went live March 15 as developer Lightning Labs announced it...
Gemini Exchange May Soon Offer Litecoin and Bitcoin Cash
The Winklevoss brothers are looking to add additional cryptocurrencies to the Gemini Exchange, while also praising the U.S. Securities and...
Litecoin, Dogecoin, and Bitcoin Cash Are Neck-and-Neck in the Payments Race
While Bitcoin is still overwhelmingly preferred for transacting, the latest data shows that Litecoin, Bitcoin Cash, and, surprisingly, Dogecoin, are...
Liechtenstein’s Bank Frick is Offering Cryptocurrency Investments and Cold Storage
Liechtenstein-based Bank Frick is now giving its clients the ability to buy Bitcoin, Bitcoin Cash, Litecoin, Ripple, and Ethereum, while...
