Litecoin Cash

Buy Litecoin Cash
rank 1040

0,00248364 $

Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. If you held LTC at block 1371111 but haven't claimed yet, your LCC are still waiting for you!

After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 for more predictable block times as well as network protection from multipool hopping. To prevent early dominant miners from having an unfair advantage, block rewards scaled up linearly over the first 2000 blocks.

Soon, a brand new method of mining will be added to Litecoin Cash.

The Hive, our agent-based mining proposal, requires no specialised hardware; any desktop PC is fine. It's centered around the concept of worker bees, which can be created by any LCC holder, who then becomes a beekeeper.

Once mature, worker bees have a finite lifespan during which they live inside the blockchain and help to secure it by minting blocks. Beekeepers will earn rewards whenever one of their bees mints a block.

Litecoin Cash premine - about 0.65% of total money supply was premined for the developers ~ 5,46 mln coins.

Litecoin Cash (LCC) is a cryptocurrency or a form of digital asset. Litecoin Cash (LCC) price for today is $0,002484 with a 24-hour trading volume of $67

Coin type: coin
Open source: Yes
Development status: Working product
Hardware wallet: No
Proof type: Proof of Work
Org structure: Semi-centralized
Hash algorithm: SHA256
Circulating supply: 771 094 981 LCC
Total supply: 771 094 981 LCC