Litecoin Cash separated from Litecoin. In the evening of February 18, a snapshot of the Litecoin network was taken on block 1371111 and fork Litecoin Cash (LCC) was held. The team behind the fork, promised to users within 24 hours to submit a release of the purse for a new crypto currency. Each Litecoin holder will be credited with 10 Litecoin Cash tokens. It is reported that for the Litecoin Cash mining, the Proof-of-Work algorithm will be applied, and the network security will be ensured by the SHA256 algorithm. In addition, it is expected that the creation of new units in the LCC network will take up to 2.5 minutes.
I think that the litecoin and litecoin cash will likely to be the same but for different network. This is the message that the devs wants us to know. It may be separated bit still they will be the same. Due to the changes made on feb 18, if you already own the litecoin, you can have a guaranteed 10 LCC for each coin you hold. If you cold five then multiply the 10 LCC into five that makes you have 50 LCC. They also stated that it will have a faster, smoother and more organized transactions and operations so look forward to it.