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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: phoenix200fr on October 16, 2018, 06:56:20 PM



Title: Does anyone have a point of view on Litecoin Cash?
Post by: phoenix200fr on October 16, 2018, 06:56:20 PM
Is Litecoin Cash (LCC) (https://www.coinopinions.com/news/posts/29/litecoin-cash-lcc-is-different-heres-10-reasons-why) really that different? Is anyone familiar with the true differences with Litecoin, notably as it pertains to speed and cost per that article?


Title: Re: Does anyone have a point of view on Litecoin Cash?
Post by: bitChipper on October 16, 2018, 08:36:36 PM
Is Litecoin Cash (LCC) (https://www.coinopinions.com/news/posts/29/litecoin-cash-lcc-is-different-heres-10-reasons-why) really that different? Is anyone familiar with the true differences with Litecoin, notably as it pertains to speed and cost per that article?

The original litecoin is a scrypt based mining algo coin, LCC Litecoin Cash was forked and uses Sha-256, which is the same algo Bitcoin uses.

The hopes for the developers forking litecoin cash is that they would soak up alot of hashrate from older generation asics that are not used anymore on bitcoin because it's not profitable.

I remember when LCC first launched people were testing model s5-s8 on LCC, its fork is similar to bitcoin gold in that its a fork that was initiated in hopes to fill a void in the mining space.

I haven't kept up with whats going on with litecoin cash but I would imagine there is literally millions of dollars out there in un-claimed Litecoin cash among Litecoin holders. Same with bitcoin.