LTC is the second important cryptocurrency.Litecoin is an Internet currency peer-to-peer, which enables to send instant payments to anyone in the world.Litecoin is based on the protocol of Bitcoin, but the different from Bitcoin is that Litecoin can be effective mined with a cheaper hardware, its mining is so accessible for more people, it will suffice them just CPU (it will not pay to mine Litecoin on ASIC miners).Litecoin also provides faster confirmation of the transaction (2,5 minutes on the average) and uses the memory and scripts on the base of the mining proof-of-work algorithm.The network of Litecoin is planned for the maximum number 84 millions of currency units.One of the targets is to give to Litecoin a mining algorithm, which could run in the same time, on the same hardware like Bitcoin.With the accession of the specialised ASIC for Bitcoin to the market the likelihood is that after ASIC miners, which should be developed for Litecoin, will be this currency broadly used.Litecoin is free software, which is spread under the licence MIT/X11, which gives you the possibility to adjust and copy the software and the distribution at one's discretion.

You can make modified copies of the software (altcoins, which follow with Litecoin).The software is run in a transparent process, which enables an independent verification of the binary files and its source code.The reason to think, that the value of LTC will grow, is just thanks to the community, which stands behind it.For the growth of the value is important to begin developing the purses, and so also for less experienced users will be easier to buy and sell LTC.Nevertheless, that´s why more vocal developers are needed, that will try to develop the purses.For the next development of the rate of litecoin will be also deciding the number of various services and goods, that will be possible to buy for Litecoin.Nevertheless everything is yet in the beginning and it´s necessary to make use of the opportunity.How is the demand for this currency growing, so is also growing the interest among the public in direct trading in the virtual currency Bitcoin, similarly to other currencies.So when you are thinking about trading in Litecoin, one of first companies, which enable it, is the company plus500.

With this relatively well-known broker you can trade and speculate in the growth or decrease of this currency any minute.The service is CFD.Plus500UK Limited is authorised and regulated by the British Financial Conduct Authority.Full Litecoin Integration on BitPanda Integrated Litecoin Wallet After we recently brought back Litecoin to BitPanda, the response was fantastic.You are now able to have your own […] Eric Demuth 10 May 2017 Litecoin is back!+ Increased limits on BitPanda We are pleased to announce the re-addition of one of the most iconic cryptocurrencies in the field, Litecoin.[…] Eric Demuth 14 April 2017 BitPanda launches Dash trading In the light of Dash’s recent growth, both in development and on the price charts, we are pleased to announced that BitPanda will add Dash to its exclusive list of cryptocurrencies.BitPanda users will be able to buy Dash instantly and easily with any of our various payment options, which include Visa, Mastercard, Sofort, SEPA, […] Daniela 24 March 2017

Cryptocurrency markets have been going through a wild ride for a few weeks now.The threat of a bitcoin hard fork together with PoS expectations on Ethereum and the rise of zero-knowledge have rocked the markets.Investors flocked into Dash, Ether, Monero and other lesser known cryptocurrencies, abandoning bitcoin and overlooking Litecoin.That changed over the weekend, when Litecoin prices surged suddenly to above $8 USD.bitcoin dogecoin chartsNo one can say with certainty why this happened, but there are a few plausible explanations.dogecoin developmentThe first and most obvious explanation about why Litecoin prices surged lately, has to do with reports about SegWit signaling on its network.litecoin china priceLitecoin works in a very similar way to bitcoin, which means it also faces some of the transaction issues that bitcoin faces.bitcoins kaufen kurs

Although Litecoin transactions are supposed to be at least 4 times faster than those on the bitcoin network, because a new block takes ¼ of the time to mine on this network, SegWit can accelerate transactions over the Litecoin blockchain even more.This means that if Litecoin adopts SegWit soon (signaling is near the 75% threshold), it could outflank bitcoin in terms of day to day micro transaction functions.bitcoin candlestickThis, combined with the fact that Litecoin is the closest bitcoin substitute in the market, could add a lot of value to this cryptocurrency.litecoin para kazanmaUnder this logic, it is easy to claim that Litecoin is in fact undervalued even after the most recent surge.This should give its price more room to grow at least in the following days.The other possible explanation for the recent rise in Litecoin prices could be related to SegWit signaling.

Reports have pointed to Chinese investors pouring more funds into Litecoin lately.Chinese investors could be positioning themselves to gain from the value that SegWit adoption can bring to Litecoin.It is also possible that they would like to put their money in a cryptocurrency that up until now has not attracted the same degree of attention that bitcoin has, due to crackdown threats from local authorities.Apart from the SegWit and China angles, there are some other reasons why Litecoin might be pulling up now.Investors might be looking for stability.This sounds like a simple explanation to a puzzling phenomenon.Litecoin prices have been some of the most stable – if not the most stable – cryptocurrency prices for a long time.But then, the question would be why did investors wait until now to seek refuge in a more stable asset?High risk/high reward moves based on unique information might be the answer to that question.While the markets were in turmoil and bitcoin dipped to just over $900 USD, investors made aggressive moves into other cryptocurrencies that have some innovative or exciting characteristics.

Investors moved into zero-knowledge assets and assets that power smart contracts.Moving away from a bitcoin-like asset was the right move back then.Once the market was saturated, it was time to capitalize and move back to a bitcoin-like asset that doesn’t have the kind of political problems that bitcoin does.An asset that fits that description provides some degree of stability, and its name is Litecoin.Now Litecoin must solidify these gains.It must go beyond a “the closest to bitcoin” tag and carve its own niche in the market to sustain its gains.The potential is there.Of all the major cryptocurrencies, Litecoin is the only one this year that has not surpassed its previous all-time high – around $50 USD.SegWit adoption will probably take Litecoin prices a step closer to this goal, but greater consumer adoption will be the key factor going forward.Without it, every possible explanation for Litecoin’s recent rise will become an explanation about why its price enjoyed a brief moment in the sun after walking in the shadow of bitcoin for years.