Litecoin Review: Current State of LTC
Best LTC Wallets: https://www.coinbureau.com/analysis/best-litecoin-wallets/
Litecoin Mining Pools: https://www.coinbureau.com/mining/best-litecoin-pools/
Segregated Witness: https://www.coinbureau.com/education/what-is-segregated-witness/
Get Top Crypto Tips In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter
BTC Tipjar 🙏🏻: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
⏰ Time Stamps ⏰
0:55 Introduction
1:43 Litecoin vs. Bitcoin
3:00 Litecoin Halving
4:05 Atomic Swaps
5:51 Lightning Network & Litecoin
7:00 Segwit on LTC
8:00 Privacy Enhancements
9:08 Litecoin Foundation
10:48 Partnerships & Adoption
11:30 Network Health
12:35 Exchange Support & Market Liquidity
13:25 Conclusion
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
⛓️ 🔗 Helpful Links 🔗 ⛓️
► Website: https://litecoin.org/
► Foundation: https://litecoin-foundation.org/shop
► GitHub: https://github.com/litecoin-project
► Scaling Comparison: https://bit.ly/370ZfO6
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📱️ Socials 📱
► Official Blog: https://litecoin-foundation.org/latest-news/
► Twitter: https://www.twitter.com/LTCFoundation
► YouTube: https://www.youtube.com/channel/UC8unJ4YCZgc5e7Sb_cckDgg
► Forum: https://litecointalk.io/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📝 Project Overview 📝
Litecoin is a fork of Bitcoin’s core client, with a few slighty altered attributes. The project began in 2011, launched by former Google employee Charlie Lee.
Litecoin is a Proof-of-Work coin. Litecoin offers faster results with shorter block times, which take roughly two and a half minutes (compared to Bitcoin's 10).
The project does this through its mining algorithm referred to as Scrypt.
Because of the algorithm, block times and mining difficulty, Litecoin has a max throughput of 56 transations per second. This is considerably more than Bitcoin's 7.
⚙️ Technology ⚙️
Litecoin is a particularly Strong adopted of Atomic Swaps. With Atomic Swaps, users can instantly perform cross-chain transactions.
A little over two years ago, Decred and Litecoin were the two projects that completed the first ever cross-chain atomic swap.
Litecoin is also a really strong adopter of SegWit. SegWit usage on Litecoin is currently at 75% and has increased since last year.
Litecoin devs have been exploring ways to make it Fungible - so similar to the likes of Monero and other privacy coins.
One of Litecoin Improvement Proposals (or L.I.Ps) presented a few months ago was the implementation of the mimblewimble protocol. This is a pretty advanced protocol that can obfuscate transactions and make them private.
👨💻️ Team, Partners & Development 👨💻
The Litecoin Foundation is a non-profit registered in Singapore that has a number of aims. Prime amoung these is to drive the adoption of Litecoin across the world.
The foundation also works with a wide variety of payment gateways. This includes companies like Coinpayments, Coingate, Travala and so on.
There are merchants across the globe that accept Litecoin as a form of payment, with most existing in Europe and the United States. However, there are also quite a few in parts of Asia as well, including Indonesia and India.
🔗 Network Stats 🔗
Transactions have dipped a bit since the halving in August, they are still in line with what the network was seeing throughout 2019, which would suggest the Litecoin blockchain is still fairly healthy.
Unique addresses had a large spike in August at the time of the halving, Litecoin is showing a bit of a dropoff in these.
Overall, on-chain data suggests that the Litecoin blockchain is relatively healthy. There has been an increase in large transactions, plus a slight uptick in the number of users who have held a significant amount of LTC for more than a year.
📈 Trading & Liquidity 📈
Litecoin is in a fortunate position when it comes to market liquidity and exchange support. Given that it was one of the first few altcoins on the market, it has constantly been a staple cryptocurrency on exchange order books.
As a result, Litecoin does over $2 billion dollars a day in trading volume. If we were to compare this to other cryptocurrencies, it is the 4th most traded crypto on the market.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Litecoin #LTC #crypto #Blockchain #Review #Segwit #Fintech #Lightning #blockchain
Best LTC Wallets: https://www.coinbureau.com/analysis/best-litecoin-wallets/
Litecoin Mining Pools: https://www.coinbureau.com/mining/best-litecoin-pools/
Segregated Witness: https://www.coinbureau.com/education/what-is-segregated-witness/
Get Top Crypto Tips In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter
BTC Tipjar 🙏🏻: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
⏰ Time Stamps ⏰
0:55 Introduction
1:43 Litecoin vs. Bitcoin
3:00 Litecoin Halving
4:05 Atomic Swaps
5:51 Lightning Network & Litecoin
7:00 Segwit on LTC
8:00 Privacy Enhancements
9:08 Litecoin Foundation
10:48 Partnerships & Adoption
11:30 Network Health
12:35 Exchange Support & Market Liquidity
13:25 Conclusion
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
⛓️ 🔗 Helpful Links 🔗 ⛓️
► Website: https://litecoin.org/
► Foundation: https://litecoin-foundation.org/shop
► GitHub: https://github.com/litecoin-project
► Scaling Comparison: https://bit.ly/370ZfO6
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📱️ Socials 📱
► Official Blog: https://litecoin-foundation.org/latest-news/
► Twitter: https://www.twitter.com/LTCFoundation
► YouTube: https://www.youtube.com/channel/UC8unJ4YCZgc5e7Sb_cckDgg
► Forum: https://litecointalk.io/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📝 Project Overview 📝
Litecoin is a fork of Bitcoin’s core client, with a few slighty altered attributes. The project began in 2011, launched by former Google employee Charlie Lee.
Litecoin is a Proof-of-Work coin. Litecoin offers faster results with shorter block times, which take roughly two and a half minutes (compared to Bitcoin’s 10).
The project does this through its mining algorithm referred to as Scrypt.
Because of the algorithm, block times and mining difficulty, Litecoin has a max throughput of 56 transations per second. This is considerably more than Bitcoin’s 7.
⚙️ Technology ⚙️
Litecoin is a particularly Strong adopted of Atomic Swaps. With Atomic Swaps, users can instantly perform cross-chain transactions.
A little over two years ago, Decred and Litecoin were the two projects that completed the first ever cross-chain atomic swap.
Litecoin is also a really strong adopter of SegWit. SegWit usage on Litecoin is currently at 75% and has increased since last year.
Litecoin devs have been exploring ways to make it Fungible – so similar to the likes of Monero and other privacy coins.
One of Litecoin Improvement Proposals (or L.I.Ps) presented a few months ago was the implementation of the mimblewimble protocol. This is a pretty advanced protocol that can obfuscate transactions and make them private.
👨💻️ Team, Partners & Development 👨💻
The Litecoin Foundation is a non-profit registered in Singapore that has a number of aims. Prime amoung these is to drive the adoption of Litecoin across the world.
The foundation also works with a wide variety of payment gateways. This includes companies like Coinpayments, Coingate, Travala and so on.
There are merchants across the globe that accept Litecoin as a form of payment, with most existing in Europe and the United States. However, there are also quite a few in parts of Asia as well, including Indonesia and India.
🔗 Network Stats 🔗
Transactions have dipped a bit since the halving in August, they are still in line with what the network was seeing throughout 2019, which would suggest the Litecoin blockchain is still fairly healthy.
Unique addresses had a large spike in August at the time of the halving, Litecoin is showing a bit of a dropoff in these.
Overall, on-chain data suggests that the Litecoin blockchain is relatively healthy. There has been an increase in large transactions, plus a slight uptick in the number of users who have held a significant amount of LTC for more than a year.
📈 Trading & Liquidity 📈
Litecoin is in a fortunate position when it comes to market liquidity and exchange support. Given that it was one of the first few altcoins on the market, it has constantly been a staple cryptocurrency on exchange order books.
As a result, Litecoin does over $2 billion dollars a day in trading volume. If we were to compare this to other cryptocurrencies, it is the 4th most traded crypto on the market.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Litecoin #LTC #crypto #Blockchain #Review #Segwit #Fintech #Lightning #blockchain
Related
![Ada Twist, Scientist [Full Episode] The Great Stink / Rosie's Rockin' Pet l Netflix Jr](http://bitcoincryptovideos.com/wp-content/uploads/2023/09/hqdefault-76.jpg "Ada Twist, Scientist [Full Episode] The Great Stink / Rosie's Rockin' Pet l Netflix Jr")
![Major Banks Have Advised Ripple "The Future Value Of XRP Is Very Important To Us" [MUST WATCH VIDEO]](http://bitcoincryptovideos.com/wp-content/uploads/2023/09/hqdefault-71.jpg "Major Banks Have Advised Ripple \"The Future Value Of XRP Is Very Important To Us\" [MUST WATCH VIDEO]")
![Dai Ballin – Bike Lane ft. [SGN]BigRon](http://bitcoincryptovideos.com/wp-content/uploads/2023/03/hqdefault-11.jpg "Dai Ballin – Bike Lane ft. [SGN]BigRon")
){kind=link}
Silver to bitcoins gold
Hey guy, GitHub commits for LTC seem to have come to a standstill since April 2020. What's your take on this? https://github.com/litecoin-project/litecoin
Don't forget it is not needed yet as a medium of exchange but that will change as the banks fail. I do think lite coin is the right coin. A very good and fair evaluation of the coin thanks.
Just added Litecoin to my portfolio – making a in-depth Technical Analysis video on LTC today =)
Definitely been keeping an eye on ltc recently
Coins that I'm sure will be around in 50 years: BTC, ETH, XMR and LTC
For the rest of them… I can never be 100% sure…
Not saying that I don't hold any other shitcoins and that you can't make profit (more BTC) with them…
Would be nice to get an up to date video on LTC please 👍🏼 look forward to your opinion now
Litecoin is boring
That's why I'm gonna buy
Oh yeah 🤘🚀
When litecoin moves it moves violently. Buy low sell high 🚀🚀
Litecoin is one of oldest and most reliable cryptos and a direct beneficiary of proven bitcoin development while maintaining it's own mining algorithm unlike bch and bsv. Because of these reasons and more litecoin is an excellent value IMO.
“Let’s get Kraken”
All that Litecoin has to do is rebrand to BitcoinLite and they will double their market cap.
Top quality video and overview on Litecoin! Thank you for your hard work!