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 Litecoin Cash (LCC) is an Upcoming SHA256 Fork of Litecoin

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Posts : 14
Join date : 2016-10-02

PostSubject: Litecoin Cash (LCC) is an Upcoming SHA256 Fork of Litecoin   Tue Feb 20, 2018 12:39 am

If you only had enough of Bitcoin forks recently, then this can be of interest – associate coming Litecoin fork known as Litecoin money (LCC) is developing shortly and it'll be victimization SHA256 as mining formula among another changes. The Litecoin money (LCash anyone?) are forking at Litecoin block that ought to occur on or around Gregorian calendar month nineteenth, 2018 can have a 10:1 claim magnitude relation for Litecoin (LTC) users holding their coins in a very native notecase or a compatible exchange or service that may support LCC. the utmost LCC provide also will be ten times higher at 840 Million and also the block reward also will be ten times over what Litecoin presently has, thus 250 LCC per block. The target block time remains at a pair of.5 minute, tho' problem adjustment are modified, LitecoinCash are victimization Evan Duffield’s well-tried DarkGravity V3 formula from Dash to cipher mining problem on each block. {there can|there'll} even be a a slow begin for the mining thus block rewards will begin at one.25 LCC and grow to twenty five0 LCC over the primary four hundred blocks when the fork. sadly there's additionally a mention of a premine, purportedly under I Chronicles of total finances at fork time to be paid to a development fund (should be regarding five.5 Million LCC).
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