The last few days marked cryptocurrency markets in red. Also Litecoin was effected by the downward pressure in the markets. However there is a trend of recovery which is not directly seen when looking only at the price in Dollars. Litecoin price A week ago the price of Litecoin was above 200 Dollars and it lost its value in the following days. March 9th marked the low of 162 Dollars followed by a recovery. During this rise the LTC/BTC ratio …
Litecoin: FAQ and News
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Litecoin Cash
Litecoin Cash (LCC) is the first major fork of Litecoin. It is a a SHA-256 fork of the existing Litecoin project. This means abandoning the Scrypt algorithm for Proof of Work. Will Litecoin Cash add value to the users? And gain momentum like Bitcoin Cash did? Features of Litecoin Cash With the fork into Litecoin Cash the mining algorithm will change. As Scrypt was for a long time a successful barrier for ASIC mining, nowadays ASIC mining is …
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Litecoin and LitePay
Every cryptocurrency owner remembers past December 2017, when Litecoin rose to incredible heights. The first half of the month was fantastic, when Litecoin reached it’s all time high. (ATH) However, in the second part of the month the total worth of the coin decreased. It’s definitely worth it to hold (HODL in crypto terms) this coin though. In February 2018 it got another big boost. What was the reason for this? LitePay! What is LitePay? After …
