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Addressing The Litecoin (ltc) And Litecoin Cash (lcc) Power Struggle

Addressing The Litecoin (ltc) And Litecoin Cash (lcc) Power Struggle

Addressing The Litecoin (LTC) and Litecoin Cash (LCC) Power Struggle March 13, 2018 By Sandip 2709Views 2Comments In the Cryptocurrency world, forks are always at the forefront of every topic of conversation amongst investors. The prospect of the creation of a new Cryptocurrency( in this case, a new chain) from the parent token has been always highly sought after, as shown by Bitcoins fork Bitcoin Cash, as well as later forks as well. However, in the present, two cryptocurrencies are making waves in crypto-circles around the world. Litecoin and Litecoin Cash. The newer LiteCoin Cash or LCC was first launched on February 18, 2018, a split from the original Litecoin (LTC) chain. When comparing the two, it may seem at the first glance that Litecoin is still holding the upper hand in this Cryptocurrency arms race. But just like every other thing in this market, price movements and value of the currencies can change due to a variety of factors, with the major one being Market sentiment. At the time of writing(08/03/2018), Litecoins price stands at $181.60 USD with a Max supply of 84,000,000 LTC tokens compared to Litecoin Cashs price of $0.480927 USD. However, the maximum supply of tokens for Litecoin Cash is much higher, currently at 840,000,000 LCC. (information from Coinmarketcap [dot] com) Litecoin, launched way back in 2011, was developed with the goal of addressing major issues plaguing Bitcoin, the dominant Cryptocurrency at that time. It started gaining ground as a result of several factors going their way. For instance, the ability of Litecoin to produce faster block generation speeds, the implementation of the newer scrypt algorithm, along with other factors. Scrypt which is a Proof of Work algorithm, was a new algorithm for miners to prove their computing contrib Continue reading >>

Litecoin Cash News & Analysis For April 2018

Litecoin Cash News & Analysis For April 2018

Copyright 2018: Lombardi Publishing Corporation. All rights reserved. No part of this document may be used or reproduced in any manner or means, including print, electronic, mechanical, or by any information storage and retrieval system whatsoever, without written permission from the copyright holder. Dear Reader: There is no magic formula to getting rich. Success in investment vehicles with the best prospects for price appreciation can only be achieved through proper and rigorous research and analysis. We are 100% independent in that we are not affiliated with any bank or brokerage house. Information contained herein, while believed to be correct, is not guaranteed as accurate. Warning: Investing often involves high risks and you can lose a lot of money. Please do not invest with money you cannot afford to lose. The opinions in this content are just that, opinions of the authors. We are a publishing company and the opinions, comments, stories, reports, advertisements and articles we publish are for informational and educational purposes only; nothing herein should be considered personalized investment advice. Before you make any investment, check with your investment professional (advisor). We urge our readers to review the financial statements and prospectus of any company they are interested in. We are not responsible for any damages or losses arising from the use of any information herein. Past performance is not a guarantee of future results. All registered trademarks are the property of their respective owners. Continue reading >>

Litecoin And Dogecoin Have More Transactions Than Bitcoin Cash

Litecoin And Dogecoin Have More Transactions Than Bitcoin Cash

Litecoin and Dogecoin Have More Transactions Than Bitcoin Cash When it comes to Bitcoin Cash, there are always interesting discussions to take note of. According to Whalepool, BCH isnt the chain for transactions and merchants. Instead, it has fewer transactions than both Litecoin and Dogecoin. Such details are always subject to interpretation, but still worth looking into. There are a lot of people who genuinely despise Bitcoin Cash The currency itself seemingly has a lot of merit, albeit not everyone sees it that way. The Whalepool Twitter account is clearly not in favor of BCH. This has been proven in a tweet a few weeks ago which few people took notice of. At that time, the Whalepool account claims how Bitcoin Cash has very few network transactions. So few even that Dogecoin and Litecoin are vastly superior. That is an interesting statement, although it seemingly makes sense. That doesnt mean Bitcoin Cash isnt doing well, though, but the metrics arent what one would expect. Dont believe the hype Both Litecoin and Doge have more transactions than BCash. For all their talk of BCash being the chain for transactions and merchants, its used less than Dogecoin. pic.twitter.com/LOeOMnx6Na Continue reading >>

Bitcoin Cash, Litecoin And Ripple Daily Analysis 23/04/18

Bitcoin Cash, Litecoin And Ripple Daily Analysis 23/04/18

Bitcoin Cash, Litecoin and Ripple Daily Analysis 23/04/18 Bitcoin Cash gained 3.04% on Sunday, following on from Saturdays 2.51% rise, to end the day at $1,189.5, its highest finish since the 7th Marchs $1,203.9 close. The gains through the weekend saw Bitcoin Cash rally 52.3% for the week, Monday through Sunday, the rally coming off the back of improved sentiment across the cryptomarket, coupled with the positive impact from the anticipated hard fork next month. An early intraday low $1,104.1 steered clear of the days first major support level of $1,049.97 and 23.6% FIB Retracement Level of $1,049, while the days $1,259.8 high broke through the first major resistance level of $1,221.67 before pulling back late in the day to a $1,189.5 close. At the time of writing, Bitcoin Cash was up 10.65% to $1,318, the hard fork rally in full swing at the start of the week. After a choppy end to the weekend, Bitcoin Cash rallied through to an early $1,329.8 high, breaking through the days first major resistance level of $1,264.83, with the 2nd resistance level of $1,340.17 now firmly in its sights. With the days major support levels untested in the early morning, positive sentiment across the broader market will likely continue providing support, with a break through $1,340 levels likely to bring $1,400 levels into play, while the 3rd major resistance level of $1,495.87 may be left untested following strong gains in the early morning. Any pullback towards the mornings $1,187.4 will likely find plenty of support at the $1,200 psychological level, the Bitcoin Cash bull-run firmly intact following last weeks gains. Litecoin slipped 1.23% on Sunday, following Saturdays 4.48% slide, to end the week at $146.51. The weekend slide left Litecoin up just 10.6% for the week, Monday through S Continue reading >>

Coinbase Vs. Visa Litecoin Cash Fork

Coinbase Vs. Visa Litecoin Cash Fork

Kung Hei Fat Choi, Shin Nian Kuai Le, and Happy Chinese New Year!The year of the Dog has seen a good Understand this week's cryptocurrency news in 3 minutes Kung Hei Fat Choi, Shin Nian Kuai Le, and Happy Chinese New Year! The year of the Dog has seen a good start for the market with Bitcoin reclaiming$11,000. Some of you expressed an interest in seeing cryptocurrency market sentiment from other countries the project is making headway and well be launching a platform that finds the most discussed cryptocurrencies in the Japanese crypto sphere. Japan currently accounts for ~60% of Bitcoin trading volumes globally. Will keep you updated on when its ready to launch! Coinbase users who had previously purchased cryptocurrencies via credit card started getting hit with multiple charges for purchases made weeks ago. Users reported having to close accounts and not being able to pay rent due to the unexpected charges. One person on Reddit claimed to have been charged USD67,000. Coinbase reported that the problem lay with Visa who had recently reclassified all credit card purchases of bitcoin. The Merchant Category Code (MCC) was reclassified as a cash advance, a category that banks often charge north of 5% for. Visa for their part initially denied responsibility, claiming that only Coinbase had this issue so it couldnt be Visas problem. They soon backtracked, however, publishing a joint press release with WorldPay, Coinbases payment processor absolving the exchange. It turns out that Visa had indeed changed the MCC which resulted in the duplicate charges. These charges were meant to be refunded 'immediately which unfortunately in the current financial system means 'in a few days. So Coinbase users who purchased using a Visa credit card in the preceding weeks were forced to take Continue reading >>

Litecoin, Ripple, And Bitcoin Cash Receive Major Boost In Middle East

Litecoin, Ripple, And Bitcoin Cash Receive Major Boost In Middle East

Litecoin, Ripple, and Bitcoin Cash Receive Major Boost In Middle East The popularity of cryptocurrency is growing in the Middle East especially now that ADS Securities made known that traders using its trademarked OREX platform can now trade with another extra three cryptocurrencies. The Abu Dhabi based international financial services company said the three cryptocurrencies added are Litecoin, Ripple and Bitcoin Cash, and are complementing Bitcoin and Ethereumthat have been added since last year. Cryptocurrencies are becoming gold in the Middle East in recent time. Speaking on the development , Head of Retail Sales at ADS Securities, Jason Hughes, said: We are delighted to be expanding theoffering on ourOREX platform to include these key cryptocurrencies. OREX enablesusers to access the crypto marketswith ease,andthe flexibility of CFDsallowour clientsto takelong orshort positions,helping theirmanagement of exposures and positioning during thecurrent volatility in thesemarkets. Cryptocurrencies have been making waves for sometime, however now that understanding of the market is growing, we believe it is the right time to introduce morecoinsonto our OREX Platform. ADS Securities is based in Abu Dhabi, the well-recognized financial services firm was established in 2011 and it is among companies under the ADS Holding Group. The financial company is focused on providing topnotch investment ideas to private and institutional firms. ADS Securities engages in banking investment, wealth and resources management, online trading, and global market. The firm also has a regional HQ office, Singapore and the UK. This is a plus to the altcoins due to the continuous dominance of Bitcoin over the years. There is high tendency the newly added altcoin increases in popularity, usage, an 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 >>

Bitcoin, Ethereum, Ripple, Bitcoin Cash And Litecoin Show Signs Of Recovery After Recent Downward Spirals

Bitcoin, Ethereum, Ripple, Bitcoin Cash And Litecoin Show Signs Of Recovery After Recent Downward Spirals

Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Show Signs of Recovery After Recent Downward Spirals Following a 72-hour period of descension for most cryptocurrencies, assets such Bitcoin, Ethereum, and Bitcoin Cash are showing signs of potential recovery, while Litecoin and Ripple are taking longer to reascend. Bitcoin has undergone a rough-and-tumble period since the weekend. The currency had incurred several price hikes of $100 or more to bring it to a Sunday total of $9,800. The currency dropped by $300 to $9,500 within 24 hours, then fell to $9,300 and $9,100 respectively during yesterdays early morning hours. Bitcoin is up 1.18% over the past 24 hours. Today, however, the currency has jumped back to the $9,300 mark, and the MIT engineers and Wall Street analysts of Trefis say that based on their interactive Bitcoin Price Estimator , the asset could surpass $15,000 by the end of the year. Related Story: Goldman Sachs Confirms Launch of Bitcoin Futures Trading Desk Additionally, the MIT engineers say that as more Wall Street players follow suit, mainstream acceptance amongst financial institutions will continue. Thus, the overall price and value of Bitcoin will undoubtedly spike. In addition, many analysts like BBC Apprentice winner and Bitcoin investor Mark Wright disagree with Warren Buffetts recent criticism of digital assets. As a longtime opponent of Bitcoin, Buffett has stated he does not hold any cryptocurrency, and that he doesnt understand how Bitcoin works. He is also certain that cryptocurrencies will come to a bad end. Wright has gone against the claims, commenting: Despite its volatile nature, the cryptocurrency sector has soared in recent years, with experts predicting it will hit a market valuation of $1 trillion by the close of 2018. This figu Continue reading >>

Marketwatch Now Tracking Ethereum (eth), Ripple (xrp), Bitcoin Cash (bch), Litecoin (ltc), And More

Marketwatch Now Tracking Ethereum (eth), Ripple (xrp), Bitcoin Cash (bch), Litecoin (ltc), And More

MarketWatch Now Tracking Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and More Mainstream media powerhouse MarketWatch just added prices for eight more cryptocurrencies to its roster. The company is now tracking Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC), Monero (XMR), Dash (DASH) and Zcash (ZEC). MarketWatch is using data feeds from cryptocurrency exchange Kraken to list quotes in real time, along with historical price trends. Users will be able to see prices in the US dollar and the euro. Though interest may wax and wane (along with prices), we feel that no matter what happens to any particular cryptocurrency, no matter how much our hash rates and heart rates may increase, the most exciting stories in this space are still yet to be told. MarketWatch is one of the biggest websites on the globe, currently ranked at number 974 worldwide and 301 in the US, according to Alexa Internet, Inc. The site first added real-time prices for Bitcoin (BTC) about a year ago. Since then, the company saysreaders spent a total of 1.1 million minutes staring at the price of Bitcoin. Disclaimer: The opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. 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 >>

Litecoin Cash Announce Their Plans For World's First Cryptocurre - Spokane, North Idaho News & Weather Khq.com

Litecoin Cash Announce Their Plans For World's First Cryptocurre - Spokane, North Idaho News & Weather Khq.com

Litecoin Cash Announce Their Plans for World's First Cryptocurre - Spokane, North Idaho News & Weather KHQ.com Litecoin Cash Announce Their Plans for World's First Cryptocurrency SpaceDrop A weather balloon will be released from a launch facility near Sheffield, England. Slung underneath the balloon, will be a net containing 400 "golden tickets" each worth 400 Litecoin Cash (LCC). LONDON - May 9, 2018 - ( Newswire.com ) The balloon will rise to an altitude of over 32km (100000 feet). At the apogee of the ascent, a release mechanism will allow the tickets to disperse. They will reach speeds in excess of 300km/h before slowing down as air resistance increases. It's anticipated that the golden tickets could take around an hour to reach the ground, and scatter over a radius of several hundred kilometers, so those in Great Britain, Ireland, France, Belgium or Netherlands should watch the skies for a golden ticket! A 360-degree camera on a bespoke mount engineered by Sent Into Space, will capture the release from a truss facing the payload, and a video will be made available as soon after the event as possible. The Litecoin Cash team envisage the spacedrop as an end of season grand finale to round off a successful first two months in which the fork was launched, core wallets released, a community has been fostered and grown, SPV desktop wallet and server software has been ported, and a whitepaper released. Developer Iain "Tanner" Craig from the Litecoin Cash team states: "We're really proud of what we've achieved from the first phase of our project, and completing our desktop light wallets seemed like the perfect time to celebrate everything we've accomplished to date before refocusing our efforts for the next chapter. We also wanted to reward our awesome community, and part Continue reading >>

Litecoin Hard Fork Guide To Litecoin Cash - Cryptocurrency News 2018 - Price Prediction

Litecoin Hard Fork Guide To Litecoin Cash - Cryptocurrency News 2018 - Price Prediction

Litecoin Hard Fork Guide to Litecoin cash - Cryptocurrency News 2018 - Price Prediction In today's video I look at the Litecoin to Litecoin cash hard fork and bring a guide with points you should consider if you hold Litecoin, or are interested in Litecoin cash and the price of... LITEPAY LTC LAUNCH FAIL!! WATCH THIS BEFORE YOU INVEST!! Start cloud-mining on CCG Mining (open-ended Bitcoin contracts) Start cloud-mining LTC on Hashflare (cheaper LTC contracts) Crypto's Price Prediction | BTC, ETH, BCH, XRP, LTC, DASH, NEO, XMR, ADA 2/26/2018 We are giving you cryptocurrency price predictions or a shorter term crypto price predictions and price movements for Bitcoin, Bitcoin Cash, Ethereum, Cardano (ADA), Litecoin, Dash, Monero... Watch Sell Altcoins And Buy Bitcoin? | Btc Eth Bch Ltc Update + Price Prediction - Altcoin Price Certified Forex, Binary & Crypto Broker with Unlimited $1000 Practice Account! + Now Trade & Buying Most Crypto Currency (ETH,BTC,XRP,NEO...) THIS... Lite Coin Latest News: LITECOIN LIFTS OFF AHEAD OF LITEPAY LAUNCH LITEPAY LAUNCHING TODAY: Today is the day that LitePay launches; this has undoubtedly caused LTC to be the only altcoin showing steady growth at the moment. LitePay is an alternative to BitPay,... Continue reading >>

Bitcoin Cash, Litecoin And Ripple Daily Analysis 29/04/18

Bitcoin Cash, Litecoin And Ripple Daily Analysis 29/04/18

Bitcoin Cash, Litecoin and Ripple Daily Analysis 29/04/18 Bitcoin Cash gained 4.63% on Saturday, partially reversing Fridays 6.53% slide, to end the day at $1,392.1. The day was a relatively one directional one, with Bitcoin Cash seeing few reversals through the day, momentum across the cryptomarket supporting appetite, with an intraday low $1,315.5 coming at the start of the day leaving the days first major support level of $1,291.9 untested. A break out from the 23.6% Fib Retracement Level of $1,347.5 within the first few hours supported a rally through to an intraday high $1,422.1 in the middle part of the day, Bitcoin Cash moving through the days first major resistance level of $1,393.4 with ease before pulling back to sub-$1,400 levels by the close. Holding above the 23.6% FIB Retracement Level was key for the day, the Saturday move continuing to support the bullish trend formed back on 6th April. At the time of writing, Bitcoin Cash was up 4.31% to $1,451.1, the early gains coming off the back of an overspill from Saturdays rally. Bitcoin Cash hit an early morning high $1,492.4 to break through the days first major resistance level of $1,437.63 and 2nd resistance level of $1,483.17 before a pullback to current levels, the moves in the early hours continuing to support the bull trend and a run at $2,000 levels. For the day ahead, a break back through the 2nd resistance level of $1,483.17 would support a move back through to $1,500 levels and bring the 24th Aprils swing hi $1,578.3 into play, a move needed to support Bitcoin Cashs stellar run fuelled by next months hard fork. Failing to break back through the 2nd resistance level could see a pullback to the sub-$1,400 levels by the days end, investors recently being on the quicker side to lock in profits from the p 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 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 >>

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