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Litecoin Cash Exchange

Litecoin Cash Has Forked But It's Hardly Trading

Litecoin Cash Has Forked But It's Hardly Trading

Litecoin Cash Has Forked But It's Hardly Trading Feb 22, 2018 at 14:30 UTC|UpdatedFeb 23, 2018 at 03:27 UTC A plan to launch a new cryptocurrency by forking the litecoin blockchain went off without a technical hitch over the weekend, but at press time, the market isn't exactly embracing the new coin. Currently trading at just $5 on a little over $1 million in volume, litecoin cash ( LCC ) is valued at just 2 percent of the price of the official litecoin project, the world's fifth-largest cryptocurrency and one of the few to see nearly $1 billion in volume Thursday. The lackluster pricing follows what had beena notable start as far as the price action is concerned. LCC opened at around $1.40 and surged to $9.25 on Feb. 20, which amounts to a 560 percent rise, according to data service CoinCodex (one of the few to yet offer data on the project). Even litecoin benefited from the move, surging as investors sought to lock in holdings before litecoin cash cloned its blockchain and offered free coins to litecoin holders. However, despite this built-in audience, no major exchange has yet announced support for LCC. As of now, it is listed only on YoBit , while other exchanges mentioned by litecoin cash website , Mercatox exchange and Trade Satoshi exchange, have not yet formally integrated the cryptocurrency. It appears the team's naming choice has ended up being its biggest drawback. Litecoin creator Charlie Lee emerged as an early critic, with even litecoin cash developers admitting to CoinDesk the choice of name is meant to be a publicity lightning rod. (The use of "cash" recalls "bitcoin cash," a fork of bitcoin that came amidst a deep divide among users over the project's technical roadmap). As profiled by CoinDesk, Lee sought to accuse the cryptocurrency's team of willful Continue reading >>

Coinomi Announces Support For Litecoin Cash(lcc)

Coinomi Announces Support For Litecoin Cash(lcc)

#fintech s finest #security-first multi-asset wallet for #bitcoin #ethereum #altcoins & #tokens: Coinomi Announces Support For Litecoin Cash(LCC) Litecoin (LTC) holders can now claim their equivalent amount of Litecoin Cash (LCC) via Coinomi Wallet. London, March 3, 2018 Coinomi has announced support for Litecoin Cash (LCC), an enhanced fork of Litecoin which occurred on February 18th. Coinomi wallet users who held Litecoin (LTC) can claim ten times the amount of Litecoin Cash (LCC) via Coinomi wallet. Coinomi will provide this 10:1 claiming service for the Litecoin Cash (LCC) fork, being the first major cryptocurrency wallet to do so. Litecoin Cash will be used as a platform for continued innovation in the cryptocurrency arena. Segwit and Lightning are already supported by the network, with enhanced Segwit support in the pipeline for the next core wallet release. Exciting new features will be introduced over the coming months, with SPV Wallets and Atomic Swaps next in the roadmap. Anyone who was holding Litecoin at the time of the fork is welcome to claim their free Litecoin Cash via Coinomi in 10:1 ratio. The Litecoin Cash team said that it is excited to have Coinomis support the fork, considering the wallets popularity and success in offering hassle-free claiming services for previous forks, and they expect other wallets and exchanges to be coming on board in the near future. For more information on how to claim your LCC please advise this article: Litecoin Cash (LCC) is the first ever Litecoin fork, and the team has chosen to use the SHA-256 algorithm to open up once closed doors for miners to breath life back into outdated asic miners. With a long term vision, LCC aims to remain true to Satoshis ideals whilst bringing blockchain technology into the modern world, i Continue reading >>

Winklevoss Twins Say Crypto Exchange May Offer More Coins

Winklevoss Twins Say Crypto Exchange May Offer More Coins

Bloomberg the Company & Its Products Bloomberg Anywhere Remote LoginBloomberg Anywhere Login Bloomberg Terminal Demo Request Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Winklevoss Twins Say Crypto Exchange May Offer More Coins Bitcoin Cash, Litecoin are likely candidates for expansion Announcement has significance for its Bitcoin partner Cboe Winklevoss Brothers Aren't Worried About Bitcoin's Plunge The Winklevoss twins said their main 2018 goal for Gemini Exchange, the Bitcoin and Ethereum trading platform they run, is eyeing expansion to other tokens such as Bitcoin Cash and Litecoin. Their comments have significance for Cboe Global Markets Inc., Geminis partner on Bitcoin futures. Cboe, a Chicago-based exchange, has signaled it wants to offer futures contracts on digital currencies besides Bitcoin, but it needs Geminis help. Gemini has an exclusive deal to supply the data used to calculate Cboes Bitcoin contract. Cboe could presumably add Ethereum now, given Gemini trades that, but expanding further would require Gemini widening its roster. Tyler Winklevoss said the licensing agreement with Cboe is scalable, and they entered into the deal knowing it could expand in terms of offerings. Obvious candidates for expansion are from the Satoshi Nakamoto family tree -- Bitcoin cash, Litecoin, Tyler Winklevoss said. Adding Bitcoin cash and Litecoin would increase Geminis offerings to the same as Coindesk Inc., a major U.S. rival. That Continue reading >>

Hunt For Better Yield For Litecoin Cash

Hunt For Better Yield For Litecoin Cash

How to claim your LCC tokens? You need your Litecoin wallet private key - if you don't have it already, look for guides at your wallet provider, on how to export the key(s). Step 2 - export the key, and ditch the wallet. Yep, make sure you don't have any live funds in your wallet before you enter your key into some new wallet. This is called safe forking. Step 3 - download the Litecoin Cash wallet here on their website and start it up. It took me a few hours to sync the whole chain but after the synchronisation is done, it gives you the option to import your Litecoin (the original) wallet key. Of course it crashed on me as well, but after restarting and small resyncing, the precious Litecoin Cash are in my wallet. Now, one more time - before you do it, make sure you don't have any live funds in your Litecoin wallet. Once you have imported your LTC wallet key, you should immeditely be granted 10x the amount of Litecoin Cash. So, what to do with our freshly-gained LCC? Let's see if we can move it to any exchange. Currently there aren't yet too many exchanges, that support trading LCC. The Litecoin Cash website points out 4 of them. So let's check it out. YoBit.net seems like a cool place, so lets head on to the exchange. Yep, LCC is fully trading there and at a nice price oif $6.5 per LCC at the moment of writing this post! That means, that if you got, for example, 100 free Litecoin Cash in the airdrop, you could sell it for a cool 650 dollars. Alas, trying to deposit to the LCC wallet greets us with a notice, that deposits to LCC wallet are currently switched off. Ok, not a problem. CryptoBridge announced in a recent tweet on Feb 22th, that they now offer LCC trading as well. Heading to the CryptoBridge DEX, i have to manually go to the LCC/BTC market. For those of you Continue reading >>

What Is Litecoin Cash (lcc)? [fundamentals, Exchanges & Wallets]

What Is Litecoin Cash (lcc)? [fundamentals, Exchanges & Wallets]

What Is Litecoin Cash (LCC)? [Fundamentals, Exchanges & Wallets] By: Sudhir Khatwani In: Cryptocurrency Last Updated: Enough of forking Bitcoin . It is time to fork Litecoin now. You heard it loud and clear! It is now time for Litecoin fork and one such hard fork of Litecoin is already out in the market. This fork of Litecoin is called Litecoin Cash (aka LCC). It is no joke or a rumor. Take a look at this tweet with its link which says Litecoin Cash market is updated at CoinMarketCap . Litecoin Cash [ LCC ] (@LitecoinFork) February 21, 2018 By now, I believe, you must have verified my claims. In this article, I will cover these following important points about Litecoin Cash in this write-up: <br /> Can't load widget<br /> The motivation of this fork is that there is no fast, cheap SHA256 coin with good difficulty adjustment. SHA256 miners have little practical choice of hash power destination, and if they do mine blocks theyre being paid in a currency with 10 minute block times. LCC team believes that they can offer an excellent SHA256 coin for general usage. They love Litecoin and wanted to give something to the brave HODLer community. With everyone else too busy forking Bitcoin, they decided that the Litecoin blockchain was a perfect means of initial distribution for their coin. Hence they decided to fork Litecoin. Must read: Dos and Donts in the event of a hard fork . This is for Bitcoin but thesame logic applies to Litecoin fork as well. The fork happened on 18th Feb 2018 at the Litecoin block height of1371111, which is why anyone holding Litecoin at block 1371111 will have 10X as much Litecoin Cash, provided they have their seed/private keys with them. Litecoin Cash [ LCC ] (@LitecoinFork) February 18, 2018 Here are details of the team Continue reading >>

Litecoin Cash - Another Bitcoin-bitcoin Cash Saga?

Litecoin Cash - Another Bitcoin-bitcoin Cash Saga?

Litecoin Cash - Another Bitcoin-Bitcoin Cash Saga? A Litecoin hard fork is being likened to the Bitcoin-Bitcoin Cash saga. All eyes are on Litecoin amid a surge in price rivaling the recent rebound of Bitcoin. Charlie Lees cryptocurrency, created in 2011, was surging up to 30 percent over the last 24 hours, for a number of reasons . According to CNBC , Litepay CEO Kenneth Asare announced that over 41 countries, including the likes of the US, UK, China and Germany will have access to Litepays payment system. Meanwhile, Coinbase also announced that it would be launching its Coinbase Commerce software which will allow vendors to accept payments in Bitcoin, Bitcoin Cash, Ethereum as well as Litecoin. Another factor in the surge of price in Litecoin is the supposed upcoming fork, which will create Litecoin Cash. In a situation that some are likening to the Bitcoin-Bitcoin Cash saga, holders of Litecoin are being promised 10 Litecoin Cash for every Litecoin they hold. The Litecoin Cash website states that the new coin, LCC, will be governed by Bitcoins SHA256 algorithm instead of Scrypt which verifies Litecoin transactions . The website is also enticing users to jump onboard - by touting the use of legacy Bitcoin mining hardware to mine the upcoming LCC coin. The hard fork is scheduled for Sunday Feb. 18, or Litecoin block 1371111. As the image below shows, the forked cryptocurrency will have a maximum supply ten times that of Litecoin - with users able to claim coins in a 10:1 ratio and mine coins after that. The Litecoin Cash fork was announced on Feb. 3, and it didnt take long for Litecoin founder Charlie Lee to denounce the fork. PSA: The Litecoin team and I are not forking Litecoin. Any forks that you hear about is a scam trying to confuse you to think it's related to L Continue reading >>

How To Buy Litecoin Cash: The Essential Guide

How To Buy Litecoin Cash: The Essential Guide

The Differences: Litecoin Cash, Litecoin, and Bitcoin Litecoin went through a hard fork at block 1371111 on Sunday evening, resulting in the creation of Litecoin Cash (LCC). There was plenty of noise in the lead up to the fork, with Litecoin founder Charlie Lee and others from the Litecoin community calling the announcement of the fork a scam. Regardless, Litecoin rallied 60% to a week high $237.72 on Thursday, as investors moved into Litecoin in anticipation of receiving 10 Litecoin Cash coins for each Litecoin held in a Litecoin wallet at the time of the fork. Now that Litecoin Cash does in fact exist and is already tradable, there are some distinct differences between Litecoin and Litecoin Cash, with the Litecoin Cash team looking to deliver a cryptocurrency that is miner-friendly, whilst tweaking some other key attributes. Key characteristics of Litecoin Cash include: Litecoin Cash will be run with Bitcoins SHA256 algorithm as opposed to Litecoins Scrypt algo. The use of Bitcoins SHA256 algo provides prospective miners to mine for Litecoin Cash, with the SHA256 proof-of-work algorithm allowing Litecoin Cash mining using old and obsolete Application-Specific Integrated Circuits (ASICs) Bitcoin mining hardware. The total supply of Litecoin Cash is 840 million LCC coins, far greater than Litecoins 84 million coins. Litecoin Cash has a different difficulty adjustment to Litecoin, with Litecoin Cash seeing the mining difficulty adjusted with every block, using Evan Duffields DarkGravity V3 algorithm from Dash, compared with Litecoins approximately 3.5 days. Litecoin Cash transaction fees are reported to be 90% cheaper than Litecoins fees. The use of the DarkGravity V3 algorithm provides a more predictable block time environment, supporting a target block time of 2.5 min Continue reading >>

The Creator Of Litecoin Sends A Warning About Litecoin Cash

The Creator Of Litecoin Sends A Warning About Litecoin Cash

The Creator Of Litecoin Sends A Warning About Litecoin Cash {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. {{article.article.magazine.subscription_text}} A coin representing Litecoin cryptocurrency sits on a computer circuit board. Photographer: Chris Ratcliffe/Bloomberg A fork in the Litecoin blockchain this month created a new cryptocurrencycalled Litecoin Cash, trading under symbol LCC. Charlie Lee, a former Google employee and the creator of Litecoin , tweeted out a warning ,however, denying any involvement andcalling Litecoin forks"a scam." Lee believes Litecoin Cash creators are trying to capitalize on Litecoin's nameand replicate the success of Bitcoin Cash, the controversial cryptocurrency created from the hard fork that took place last year from the Bitcoin blockchain. In an interview with CoinDesk , Lee said"It confuses people into thinking Litecoin is splitting. The Litecoin community has no interest in splitting. It's just some people trying to make a quick buck. And calling it Litecoin gives them some legitimacy." The fork occurred on February 18, and according to the official Litecoin Cash website , Litecoin Cash has a "target block time of 2.5 minutes which gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin." All holders of Litecoinat the time of the fork were entitled to 10 LCC, news of which caused the price of Litecoin to jump after buyers rushed in to take advantage of the offer. Confusion then reigned among Coinbase customers holding Litecoin, who tweet Continue reading >>

Coinbase Has No Immediate Plans To Add Litecoin Cash (lcc)

Coinbase Has No Immediate Plans To Add Litecoin Cash (lcc)

Coinbase has no immediate plans to add Litecoin Cash (LCC) A couple of weeks back the Litecoin (LTC) blockchain split in two to form the new Litecoin Cash (LCC) hard fork. But despite some requests from users , it appears that leading cryptocurrency exchange desk Coinbase has no immediate plans to add Litecoin Cash trading pairs on its platform at least not for the time being. Were always monitoring potential forks from a security/stability standpoint, core developer roadmaps and customers perspective. a spokesperson for Coinbase told TNW.Ultimately, we want to do whats best for customers while still being secure and practical. While the company refrained from providing more details on its plans for the forked currency, it did not rule out the possibility it might get listed on the exchange desk, saying thatit is actively tracking LCCs progress. To give you some background: Litecoin Cash aims to replace Litecoins Scrypt encryption protocol with SHA-256. The tweak will make it possible to leverage old Bitcoin mining hardware to mine LCC, according to the developers behind this undertaking. The Litecoin Cash team has promised to distribute LCC to Litecoin holders in a 10 to one ratio. This meant that if you were holding 10 LTC, you would have been entitled to 100 LCC. Needless to say, users were finding it difficult to decline an opportunity to score some free tokens. As pointed out by Inverse , the only way to claim LCC (assuming you store your LTC on Coinbase) was to move your funds to a private wallet like Litecoin Core or Jaxx . This way you will have access to your private keys and thus to your LCC freebie. The reason is that Coinbase has a strict policy against sharing private keys with users. Our hot wallet/cold storage is not setup in a way where we can release p Continue reading >>

Exchange Litecoin (ltc) To Cash Usd Where Is The Best Exchange Rate?

Exchange Litecoin (ltc) To Cash Usd Where Is The Best Exchange Rate?

The total number working with the Litecoin (LTC) Cash USD direction is 2 reliable exchangers. Total reserve in exchangers: 533 167 USD Cash. Average exchange rate: 240.8242 The LTC/USD official rate from YoBit for today is 284.0000 Some of the exchangers presented here have additional commissions that are included in the rates in case of calculating an exchange for the sum of 1 LTC. To calculate the best exchange for your sum, use the Calculator feature. All exchangers specified in the list provide the service of exchanging Litecoin to Cash USD automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process. Keep in mind that change rates Litecoin Cash-USD can be better when you go to an exchange site from the BestChange.com monitor than when you visit exchangers in a regular way. If you cannot find how to exchange the money after you go to the site, contact the exchanger operator (administrator). It is quite possible that no automatic exchange LiteCoin is available at the moment and your exchange will be processed manually. If you fail to convert Lite coins to Dollar cash in the exchanger you got interested in, let us know about it so that we can take the necessary measures in time (discuss the problem with the owner or exclude the exchanger from this exchange direction). You can also visit our forum in order to view offers about manual exchange from our other visitors. You can trust all exchangers listed here. The BestChange.com monitoring service contains only reliable exchangers verified by our administrator. All of them have high business levels, good reserves and enough experience in the exchange business. Before you start exchanging money Continue reading >>

Litecoin Cash - The First Litecoin Fork

Litecoin Cash - The First Litecoin Fork

LONDON, Feb. 12, 2018 /PRNewswire/ --Litecoin Cash has announced that the countdown has begun towards the release of a new cryptocurrency that will be born from a hard fork of Litecoin (LCC). At Litecoin block 1371111, Litecoin Cash (LCC) will be created. Everyone holding Litecoin will automatically receive 10 Litecoin Cash for every Litecoin they own. While Litecoin has always been mined with Scrypt, Litecoin Cash is a proof of work cryptocurrency securing the network using the SHA256 hashing algorithm. This allows an extension of life for older Bitcoin mining hardware, which is no longer powerful enough to mine Bitcoin; the lower anticipated difficulty of mining Litecoin Cash will put such legacy hardware to effective use. Litecoin Cash has significant advantages compared to the other main SHA256-mined coins, Bitcoin (BTC) and Bitcoin Cash (BCH). While those currencies both have a 10-minute block time, Litecoin Cash's 2.5-minute block target allows much faster transaction confirmation. Compared to Litecoin itself, the new fork features superior mining difficulty retargeting, via the proven DarkGravity algorithm used by Dash. Transaction fees are also reduced by 90 percent to provide incentive for real-world use. In order to ensure a fair launch, Litecoin Cash implements slow-start control to block rewards and intend to pre-release a bootstrap file to prevent a blockchain download race once the wallets become available (slated to happen shortly after the fork block). The network will use a new address prefix and replay attack prevention to eliminate inter-chain issues and minimize user confusion. The markets have become accustomed to Bitcoin hard forks over recent months, but Litecoin Cash brings the concept to a new space and potentially a new set of users. As such, Continue reading >>

Litecoin Cash: Beware Todays Free Coins

Litecoin Cash: Beware Todays Free Coins

This afternoon or maybe just a tiny bit later Litecoin owners will be given free Litecoin Cash. Its not quite that simple, but thats the basis for the recent jolt in price of Litecoin across several exchanges. The point at which each Litecoin will be worth a certain amount of Litecoin Cash is at block height 171111 but whats that mean? Transactions are made with Litecoin using blockchain technology. As each trasaction is made, a new block height is reached. When this article was first written, Litecoin was recorded at block height 1369920. Once block height 171111 is reached, something magical is supposed to happen. Apparently if youve got all your Litecoin held in a Litecoin Cash wallet, only one of which is available to download, you get some Litecoin Cash. Even IF those that are promoting Litecoin Cash mean to give blockchain-based coins to users this afternoon, the circumstances with which theyve done business thus far are highly suspect. As I wrote back on Valentines Day , I believe Litecoin Cash is a scam. Not one single major exchange has announced support for Litecoin Cash, and the creators of this coin suggest that users will only get said coin if they use their Litecoin Cash wallet. For that reason and the rest of the reasons I listed in that Valentines Day article, I believe Litecoin Cash is a scam. Meanwhile Litecoin price continues to climb until this afternoon, more than likely. Be careful what you do, whatever you do. Especially if what youre doing has anything to do with Litecoin or Litecoin Cash. OF NOTE: Litecoin and Litecoin Cash are run by different people, and are not associated directly. If you lose all your Litecoin in a Litecoin Cash wallet, dont blame Litecoin, blame Litecoin Cash. As it is with all SlashGear articles, this article is not meant Continue reading >>

Winklevoss Twins Eyeing Litecoin For Gemini Exchange

Winklevoss Twins Eyeing Litecoin For Gemini Exchange

Winklevoss Twins Eyeing Litecoin for Gemini Exchange Litecoin is gaining traction as one of the major cryptocurrencies on the market. Where Bitcoin has dominated the digital currency landscape, Ethereum is the same for smart contracts. However, Litecoins strong advantages compared with Bitcoin have made them a near parallel option. As exchanges expand and increase their offerings beyond the big two, Litecoin is almost always in the running for initial product offerings. Recent announcements by the Winklevoss Twins have suggested that the two are actively seeking to include Litecoin in their Gemini exchange. This is a major triumph for the cryptocurrency referred to as The Silver to Bitcoins Gold. Although technically an altcoin, Litecoin has repeatedly proven that they have the ability and the desire to compete with the major blockchains. It is still surprisingly difficult to purchase cryptocurrency directly with fiat. Most gateways focus on Bitcoin, but Litecoin has racked up a considerable amount of LTC/USD trading pair locations. Major exchange Kraken offers a direct fiat exchange for Litecoin, as does Bitfinex. While these are significant options, they still pale in comparison to the key gateway; Coinbase. Above all other exchanges, Coinbase is the easiest to use and the highest volume for direct fiat exchanges. They offer only four cryptocurrencies; Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Due to their ease of use, Coinbase is the choice of most new investors. All inter-currency trading happens on sister site GDAX. Even the slightest rumor of addition to Coinbase can cause a currencys value to skyrocket. That Litecoin is available on this site is a major feather in their cap. As one of a select few cryptocurrency related businesses legally operating in New Yo Continue reading >>

Litecoin Cash (lcc): How To Buy, Sell And Trade | Finder.com

Litecoin Cash (lcc): How To Buy, Sell And Trade | Finder.com

If you want to buy LCC, heres an example of how you can do it on YoBit: Step 1. Create an account with a cryptocurrency exchange that allows you to trade LCC. As Litecoin Cash isnt listed on every crypto exchange, youll first need to search for an exchange that lists this coin in one or more currency pairings. Once youve found a suitable exchange, you can sign up for an account by providing your email address and setting up a password. To satisfy Know Your Customer (KYC) laws, some exchanges will also request your full name, contact details and proof of ID before allowing you to start trading. Dont forget to also enable two-factor authentication to provide an extra layer of security for your holdings. At the time of writing (February 2018), its not possible to exchange US dollars (USD) for LCC in one transaction. Instead, youll first need to use your USD to acquire a crypto thats available in a pairing with LCC, like bitcoin (BTC) for example, and then exchange that cryptocurrency for LCC. If you are using BTC to pair with LCC and buying through YoBit, you would need to deposit BTC into your YoBit account. Log into YoBit and click the Wallets link on the top menu bar. In the list of supported currencies, find BTC and select the deposit option. This will prompt a pop-up with a generated deposit address. Using this address, you can then transfer funds from the wallet where you store your BTC into your YoBit wallet. To get started on the final step, search for the currency pair you want to trade, such as LCC/BTC. Click on Buy LCC and check out the current market price. You can then choose a limit or market order and specify the number of coins you want to buy. Make sure you carefully review the full details of your transaction before confirming the purchase. If you decide Continue reading >>

Litecoin Cash [#lcc]: The #sha256 #litecoin Fork

Litecoin Cash [#lcc]: The #sha256 #litecoin Fork

Fork Block - At block 1371111, Litecoin Cash hard-forked away from the Litecoin blockchain. 10:1 Claim Ratio - For every 1 LTC you held at the fork block, you can claim 10 LCC. SHA256 Mining - After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. Network Resilience - Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 algorithm from Dash . This provides more predictable block times as well as network protection from multipool hopping. Optimised for the Real World - Target block time of 2.5 minutes gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin. Slow-Start Control - To prevent dominant early miners having an unfair advantage, block rewards will start at 0.25 LCC and grow to 250 LCC over the first 2000 blocks after the fork. The first 24 blocks after the fork will be mined at minimum difficulty. After this, DarkGravity will adjust the difficulty based on observed block generation time. The 250 LCC block reward (equivalent to 25 LTC) will halven at the same chain heights as Litecoin. Small Premine - An equivalent amount to less than 1% of circulating money supply (less than 0.65% of total money supply) at fork time was paid to a development fund. There is no fast, cheap SHA256 coin with good difficulty adjustment. SHA256 miners have little practical choice of hashpower destination, and if they do mine blocks they're being paid in a currency with 10 minute block times. We believe we can offer an excellent SHA256 coin for general usage. We love Litecoin, and wanted to give something to the brave hodler community. With everyone else too busy forking Bitcoin, we decided that the Litecoin blo Continue reading >>

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