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    Saturday, November 3, 2018

    Litecoin "Litecoin Will Be Available to 2 Billion Facebook Users Thanks to the Lite.IM Messenger Wallet"

    Litecoin "Litecoin Will Be Available to 2 Billion Facebook Users Thanks to the Lite.IM Messenger Wallet"


    "Litecoin Will Be Available to 2 Billion Facebook Users Thanks to the Lite.IM Messenger Wallet"

    Posted: 03 Nov 2018 12:19 PM PDT

    Litecoin: Crypto's most valuable test market (not testnet).

    Posted: 03 Nov 2018 01:55 AM PDT

    Litecoin's closeness to Bitcoin and it's ability to settle arguments there, such as "is segwit safe?" is a part of its early value. But I wish those in the know about Litecoin would refer to this feature as a test market to help outsiders better grasp what Litecoin offers.

    Describing Litecoin as a test market for Bitcoin makes it sound more like the economy it is than a disposable simulation (testnet), while still acknowledging a role in complementing Bitcoin. A test market will retain value even if the need for testing diminishes as technology matures and settles. Phoenix and Colombus may cease to be needed by makers of novelty coffees and fast food to try out their newest products, but those economies will continue to hum along just fine thereafter.

    Whereas a testnet is less valuable than monopoly money. Functionality without infrastructure, value or any incentive to beat the system. Testing code on a testnet only tells you it isn't immediately self-defeating, not that it's secure from external attack. The testnet label doesn't fit. Lots of us are against it, but I think offering a reasoned alternative to the testnet moniker will get us further than just protesting alone. It's like trying to get a cat to stop scratching the couch. Double-sided tape on the couch gets you half-way there, but putting a scratching post nearby finishes the job.

    Best to call Litecoin what it is. Litecoin is a humming, bustling economy in its own right. Prime cryptoverse real estate. Brooklyn to Bitcoin's Manhattan. Litecoin is Crypto's most valuable test market.

    submitted by /u/nodecache
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    Litecoin Mysteries

    Posted: 03 Nov 2018 10:42 AM PDT

    When I first stumbled upon this subreddit, I got the impression that it was most beginner-friendly crypto sub--the best one for people who wanted to know more about cryptocurrency. I think this has a lot to do with its presence on Coinbase and the fact that Ethereum is a big enough name in its own right that people get the gist of what it's all about fairly quickly. But Litecoin is a true "alt-coin," a coin that (on its surface) aims to serve the same purpose as Bitcoin, but in a different way. I would guess that a very large number of people would name Litecoin as the first alt-coin they were made aware of for that very reason, and that may be why so many people come to the Litecoin sub knowing so little, and wanting to know more.

    In the spirit of that sense of innocence and mystery that brought so many of us here, I wanted to make a post where we discussed the questions we have about how Litecoin works and what its role might be in the cryptocurrency ecosystem. Maybe its a question that went unanswered, or maybe the answer didn't make sense, or maybe it's the first time anybody's bothered to ask.

    I'm not going to promise that anybody will be able to answer the questions, but sometimes it helps to know that you're not the only one who has wondered about something before. And sometimes the discussion itself is the answer. Or maybe you got so busy day-trading that you forgot that crypto is world-changing technology. No shame there, it happens to all of us.

    So r/litecoin, what do you want to know?

    submitted by /u/RedRage04
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    We should make a website like fiatleak.com for litecoin . What do you guys think ?

    Posted: 03 Nov 2018 08:00 AM PDT

    Stickyslugstickers is looking for some users who have awesome artistic skills or digital artwork to possibly partner up with. Let us know what you think of some our designs so far! Yes we are playing with some LTC ideas :D Artwork doesn't need to be crypto related either!

    Posted: 03 Nov 2018 11:46 AM PDT

    Anyone else dollar cost averaging or are you guys just plain hodlin?

    Posted: 02 Nov 2018 08:40 PM PDT

    Buying and Using Litecoin right away?

    Posted: 02 Nov 2018 04:59 PM PDT

    Is there a way to buy Litecoin and use it right away? I'm trying to use Litecoin to get a discount on a website but using Coinbase I would have to wait 19 days before I could use it to purchase anything. Or at least that's what it seems to be telling me. So is there a way to purchase and immediately use your Litecoin?

    submitted by /u/PsHYk209
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    OpenLedger DEX to Disable Some Gateways in November

    Posted: 03 Nov 2018 07:07 AM PDT

    Difficulty of Mining

    Posted: 02 Nov 2018 01:54 PM PDT

    Litecoin uses a strange hash function for proofing called scrypt. It was originally designed as a so-called "Key-derivation function", and not as a hash for authentication. For that reason, it uses memory aggressively and is designed to be very expensive to compute.

    What impacts has this had on miners of Litecoin?

    submitted by /u/moschles
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    Chances Litecoin become labeled a commodity by the SEC?

    Posted: 02 Nov 2018 02:38 PM PDT

    Has there been any talk within the SEC about this and are there any articles etc to provide that it may or may not occur? For now, Bitcoin and Ethereum remain the only crypto's labeled as commodities.

    submitted by /u/ajc9630
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    Litecoin (LTC) Square Leather Gallery Wraps bitcassoart.com a crypto art/clothing store

    Posted: 01 Nov 2018 10:48 PM PDT

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