[ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio

[kaedcoin]

Why is Roger a unicorn ?

You can't trust unicorns.

[TalkBitcoinsCom]

So, when will the forking be taking place?

Block 1371111 approx Feb 18

Will the new forked LCC coins be available on my Trezor?

I'd like to know this too, LCC will post info about how to get if we keep LTC on Trezor pls?

[laris2]

So if I understand correctly the intentions behind this fork, they are mostly to get people use there old miners since there are no choices in top 100 coins for SHA256 algo? And you are creating this fork to easily get placed into top 100 using somebody else's credibility? Wow...!

If you think you can get there, get there on your own. This is anyway a brand new coin and has nothing to do, absolutely nothing, with LTC.

Said Bitcore supporter  

[drfaust]

OK, how do we call this one? LCash?

Can you read it? It's called "Litecoin Cash" and symbol will be LCC.

Dude, saracasm.

[elchavotravieso]

But if we move our Litecoins to a new address the "old" address to claim our Litecoin Cash will be empty 0 balance? so how the lcc will know how many coins to give us if the balance is 0 

[allycn]

Any idea if this will be supported by Coinbase at all? I am not very familiar with Litecoin wallets, but I checked https://litecoincore.org/ and it re-directed me to https://litecoin.org/ (where there is a downloadable version for Mac). Would this wallet work as well? Thanks!

[n1que]

But if we move our Litecoins to a new address the "old" address to claim our Litecoin Cash will be empty 0 balance? so how the lcc will know how many coins to give us if the balance is 0 

what matter is, if you have original Litecoin (LTC) prior the fork (which will take place at block number 1371111).
after that block number, you can transfer your original LTC to other controlled address of your.

then claim this free money, probably sell afterward and  buy the original.

[Provablefair]

Why is Roger a unicorn ?

You can't trust unicorns.

I instead trust unicorn they can fart rainbow .

Anyway out of unicorn question .... there are Exchange that will support fork   it should be updated on main site/ twitter/ telegram etc...  for a upcoming fork and no exchange support 

[cryptoknight999121]

Explain if it is not a scam just taking the name?

[jbuk1]

Any idea if we'll just be able to set up a pool with p2pool in bitcoin mode and point it at the Litecoin cash wallet rpc as it's using sha256 or will it require some modification?

[LitecoinCashOfficial]

Explain if it is not a scam just taking the name?

- It's become customary in recent months that when a blockchain is hardforked, the new coin takes the name of the old as a prefix.

We're not saying it's a great convention, but it's instantly understood by people as "oh it's a Litecoin hard fork".

None of the Bitcoin forks are connected to the Bitcoin dev team, and we're not connected to the Litecoin dev team.

In other news, this weekend we're testing our full launch procedure to make sure that we can bring you the wallet as soon as humanly possible after the fork block

[Bytem3]

Here's an article explaining more about Litecoin Cash:
https://coincodex.com/article/1283/some-facts-about-the-forthcoming-litecoin-fork/

[Tolgatrz]

Litecoin core qt, is it appropriate to keep it?

[GoldenOrder]

So if I understand correctly the intentions behind this fork, they are mostly to get people use there old miners since there are no choices in top 100 coins for SHA256 algo? And you are creating this fork to easily get placed into top 100 using somebody else's credibility? Wow...!

If you think you can get there, get there on your own. This is anyway a brand new coin and has nothing to do, absolutely nothing, with LTC.

Would you rather them just glossy up a nice ANN and ask for 40million in an ICO where there is literally no working product yet??

There are choices for sha256 but they are few and far between for old miners....would you rather mine a litecoin fork where there are already established holders and code base or mine a coin that hasnt been updated in years?

I cant believe the sentiment in here given all the bitcoin forks we have seen in the past year...one litecoin fork and people freak out. why fuss about free coins??

Absolutely lost when reading your reply. Why call it a fork first of all if its not. Why not create a brand new SHA256 based coin and make it big? Why even ask 40 million with ICO? I don't buy and believe in ICOs. If I am missing on 1 opportunity of great ICO after buying 100s, then its not worth it. I would rather wait and buy when I see real potential.

Just by calling something a fork doesn't make it one...

Oh boy, you seem to have reading comprehension problems.

Litecoin Cash, what would be the price in USD if the fork happens? I have 2 Litcoin in exchange, can I leave them there or would it have to put in a wallet windows?

No one will know exactly what the price will be but expect it to be a small price, in the $10's of dollars not $100's, since the distribution will be 10-1 per litecoin you hold it will bring litecoin cash's supply WAY higher than litecoin....high supply = lower price.

I would bet they get atleast 1 exchange to honor the fork, but to be the safest you should get your coins to a wallet you control like exodus or litecoin electrum, a wallet where you can find your private key.

Wow! So for this shitty fork you are already assuming the same price as LTC (10:1)! LTC took 10 years to reach to where it is today and someone cooks some code in their moms basement and becomes $100!?

Yup, you DO have reading comprehension problems.

Please, read each of those posts again, take your time to think and analyze what they are saying, and then reply. Because you DID NOT understand their point at all.

[bitChipper]

Any idea if this will be supported by Coinbase at all? I am not very familiar with Litecoin wallets, but I checked https://litecoincore.org/ and it re-directed me to https://litecoin.org/ (where there is a downloadable version for Mac). Would this wallet work as well? Thanks!

I highly doubt it....

One thing that is interesting though is all the bitcoin forks though, could coinbase somehow be in some sort of consumer obligation to honor everyone's bitcoin gold, bitcoin god, super bitcoin ect ect ect

[Viper1]

Explain if it is not a scam just taking the name?

- It's become customary in recent months that when a blockchain is hardforked, the new coin takes the name of the old as a prefix.

We're not saying it's a great convention, but it's instantly understood by people as "oh it's a Litecoin hard fork".

No. It's generally understood that a coin is co-opting the name for other reasons such as to mislead people and try and gain a level of "respectability" they have not earned. Last time there was a lot of this sort of thing if was "Dark" stuff. i.e. BitcoinDark, LitecoinDark, DogeDark, DarkDoge and so on and so forth. So those that have been around awhile, do not view any coin using another's name in a favorable light.

[laris2]

Litecoin core qt, is it appropriate to keep it?

Yes should be fine.
Just move the coins to a new address before before reusing private keys.

[Tolgatrz]

Litecoin core qt, is it appropriate to keep it?

Yes should be fine.
Just move the coins to a new address before before reusing private keys.

Thank you very much for your information.

[LitecoinCashOfficial]

@MyAdverts: Sure To start with, if you've used a whole bunch of different receive addresses it can make your life easier to make a new receive address, and send all your coins to yourself before the fork. That way, you only have one key to import later.

1. After the fork block, create another new receive address and send all your coins to that new address. This is to protect your LTC -- remember the Golden Rule for Safe Forking: Never paste a private key that still holds live funds into ANY wallet or website -- including ours.

2. If you sent all your coins to yourself in step 1 you only need to do this once (otherwise, repeat for every LTC address you had that held funds during the fork block). In Litecoin Core, hit the Help menu -> Debug window -> Console. Type the following:

Code:

dumpprivkey YOUR_LTC_ADDRESS_HERE

3. The string returned by that command is your private key. In the Litecoin Core wallet, hit File -> Import Private Key and paste it in. When you paste an address, the wallet will offer to rescan the blockchain. If you're importing multiple keys, say No -- if you're importing a single key, or the last of your multiple keys, say Yes.

The resync process will take a few minutes; after that your wallet will show your LCC balance.

Kinda confusing but don't you mean in step 3 your to import the private key into the LCC wallet and not the litecoin core wallet?

- Yes, apologies! Step 3 should indeed say Litecoin Cash wallet.

[mv1986]

Explain if it is not a scam just taking the name?

- It's become customary in recent months that when a blockchain is hardforked, the new coin takes the name of the old as a prefix.

We're not saying it's a great convention, but it's instantly understood by people as "oh it's a Litecoin hard fork".

No. It's generally understood that a coin is co-opting the name for other reasons such as to mislead people and try and gain a level of "respectability" they have not earned. Last time there was a lot of this sort of thing if was "Dark" stuff. i.e. BitcoinDark, LitecoinDark, DogeDark, DarkDoge and so on and so forth. So those that have been around awhile, do not view any coin using another's name in a favorable light.

A classic example for ripping off reputation earned by others is ZCL. Even though they literally have nothing to do with Bitcoin they just call their coin Bitcoin Private. That's as bad as it can get when it comes to stealing reputation. Bitcoin Cash was already bad but at least Roger Ver was involved with the original Bitcoin for quite some time (and to a significant degree).