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Litecoin Cash (LCC) is a fork of Litecoin itself utilizing an SHA-256 hashing algorithm. While the initial goal was to focus on bringing back SHA-256, along the way we created "Hive Mining," an agent-based system allowing everyday users to participate in securing and hashing the network to earn real LCC rewards. Be sure to visit our website @ https://litecoinca.sh for more information and join us on DISCORD to speak with the team and get free LCC rains just for chatting and being active!
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r/btc
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Welcome to r/ExodusWallet! This is the sub dedicated to the discussion of the Exodus cryptocurrency wallet. For official wallet support, please email support@exodus.com. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Remember: Exodus will NEVER ask you for your 12-word phrase, keys, or identifying information. Exodus will NEVER send you to another website to do any kind of updates except for our official website at www.exodus.com.
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r/blackcoin
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Posted by3 months ago

12 months ago I wrote here that Litecoin had delivered its 100 millionth transaction over 10 years. In just one year it added to that very large base another 39% increase in transactions. Off chain stats tell a similar story with the oldest crypto payments processor BitPay seeing growth of Litecoin to 27% of all payments, just shy of exceeding the share of all other altcoins on the platform COMBINED. Before Litecoin was added, Bitcoin was well over 50% share while eth and bch managed around 11%. Litecoin changed the game.


Google bitpay stats for monthly share updates

For years I've heard people downplay the importance of payments, they were less sexy than smart contracts, yesterday's news, but everything moves in cycles. The cycle where litecoin outperforms smart contracts has already begun, those chains are bleeding against ltc. That's the inflection. Since Litecoin didn't outperform in the '21 bull market, and thus didn't take on long leverage it has to work off now, will there be short leverage, thanks to Mike Novogratz's buddies that it gets to work off in the other direction? What happens next year as we approach litecoin's 3rd halving?

All we can do is look back. It's not predictive, but it is informative. In 2015 coming out of the first cryptowinter, litecoin 7x'd outperforming everything early in the cryptothaw. In 2019 it did similar 6x'ing against the grain and with Mike Novogratz openly shorting it (I suspect he and his will be less open about what they're doing this time). In neither instance was litecoin's payment dominance so pronounced. It's infrastructure was better than average back then, it's incredible now.

I absolutely believe litecoin deserves outperformance this year more than anything else out there, partly because of how much it has outperformed on adoption and how much it's underperformed in investment. Litecoin is Deep Clucking Value. Some will say fundamentals don't matter, it's all just a casino, but I believe while markets are a popularity contest in the short run, in the long run they're a weighing machine. LTC's network has performed like a boss in every fundamental, adoption above all. Will the market give it what it deserves? Buckle up for 2023, we're about to find out.

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Posted by10 days ago

Litecoin is one of the first alt-coins, founded in October 2011. Litecoin has often been referred to as digital silver. It is one of the oldest cryptocurrencies in the upper echelon of market capitalization and has many similarities to Bitcoin. One of the world's first successful alt-coins, since it is based on Bitcoin's source code, both cryptocurrencies work similarly in terms of their mechanisms, including the proof-of-work consensus mechanism and the halving cycle. Therefore, just like Bitcoin, Litecoin's mining rewards are halved every four years, with the current halving happening this year on or around Aug. 3, 2023

Litecoin uses an open-source blockchain that isn't controlled by any central authority.

Litecoin is four times faster than Bitcoin

  • It has been shown that this crypto network processes transactions four times faster than Bitcoin. Litecoin's block generation time is estimated at 2.5 minutes, while Bitcoin's is 10 minutes. That's a big difference.

Apart from the encryption algorithms, this tweak may be the most significant technical difference between Bitcoin and Litecoin. This makes Litecoin a perfect cryptocurrency for small and quick transactions.

With an 84 million circulating supply, Litecoin has four times as many as Bitcoin. This means it is more convenient and accessible for users to earn more profits through mining, as well due in part by the decrease in Bitcoin mining rewards and overtime it'll make Litecoin a better option.

-LTC is accepted by merchants including BitPay, Travala, and others. In January 2023, 3,070 merchants accepted Litecoin as payment. This is a significant number. This rapid adoption makes Litecoin one of the leading cryptocurrency investments with real-world applications.

In January 2023, the Litecoin Foundation claimed that Visa would enable holders to spend LTC via the Litecoin Card.

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