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As the public relations guy, Roger has appeared on several youtube videos to address concerns to the community. Roger is an experienced project manager for a major online foreign exchange platform. The LCC crew have provided several videos and chat interviews to the crypto community via social media. We recommend the reader do a search of these to learn more about the team.
This should at least answer some questions for potential users and investors of the LCC network. As we mentioned previously, Litecoin Cash wants to tap into the outdated bitcoin mining hardware market. Bitcoin miners continue to compete at very high levels by bringing out better hardware on a regular basis. This puts some serious questions out there on the environmental impact of Bitcoin. Both, from an electricity standpoint but also from a hardware waste point of view.
If LCC can use this old hardware in a productive way this might be a huge plus for their network in the long run. Nevertheless, if LCC wants to see the adoption of their coin then we probably need to see renewed buying interest from investors to inspire confidence in their vision.
According to their site, the LCC team have also applied for a listing on Binance which, if successful, should boost Litecoin Cash trading volumes. The development team has provided both a light and full wallet for storing your coins. Coinomi provides a more practical mobile wallet for those on the go. Dedicated Litecoin Cash users may also want to download the entire blockchain and store it locally.
Links to all of the above wallets can be found on Github via the official website. However, the roadmap goals seem to be lagging a bit and we could probably see these dates extended a bit. The value proposition of Litecoin Cash is certainly an interesting one. One of the major advantages of cryptocurrency is the very fact that new ideas can be built on the back of established ones. As additional forks come to market they will need to innovate to bring real-world benefits to potential coin holders.
By borrowing technology from multiple cryptos, LCC aims to create a Frankenstein style crypto with all the best features patched on. This may prove to be a good strategy however cryptos like Litecoin and Bitcoin already have one major bonus, first mover advantage. The later you launch your project in the cryptosphere the harder it usually becomes to build a meaningful community around it.
Time will tell whether this fork can establish itself in the long run. For more information and updates about Litecoin Cash, you can stay in touch on the following channels:. Cosmos is a decentralized blockchain ecosystem in which developers can build their blockchain into a network of…. While the mainstream has yet to….
Ryan is a web designer, writer, and cryptocurrency trader who hails from sunny South Africa. He eats, breathes and lives crypto. When not meticulously looking over charts he can be found planning his next road trip or running around a 5-a-side soccer field. A Beginners Guide. Ryan Smith. Fork it A fork happens when developers with a different ideology take a snapshot of the existing code from an established cryptocurrency Litecoin in this case.
Litecoin Cash sharing their views in the official whitepaper: With a wide and ready pool of mining power to tap, state-of-the-art difficulty adjustment to react to network hash dynamics, a mature and fair distribution, and a modern feature set, tuned to everyday use with fast transactions and low fees we are confident that the legitimacy of our ideas, will be borne out by success in the wider market. How Does it Work?
Litecoin cash known by the symbol LCC runs on its own blockchain and LCC combines features from several well-established coins: Lower transaction fees, better difficulty adjustment and mined with SHA compared to Litecoin Faster, cheaper, more bandwidth and better difficulty retargeting compared to Bitcoin Supports Segwit and has much faster block times compared to Bitcoin Cash Here is a comparison grid outlining these potential benefits versus established coins and other forks: Litecoin Cash key comparisons.
Litecoin Cash core team. Roger is an experienced project manager for a major online foreign exchange platform, delivering a range of public and internal products. Come and meet him on our official social media channels! Pieczywo is a huge cryptocurrency enthusiast, student of economics, marketing and technology. You can ask him any questions about the project or let him know if you have any difficulties. Front-end development, project management and keeping customers happy is how he spends his waking hours.
Thomas is a blockchain consultant and SHA Miner who helps promote open source blockchain innovations. In his spare time he likes to study cryptoeconomics and programming. Daniel, a Mechanical Engineer by trade, business owner by choice. For 20 years he has built a reputation for investing in the future and cryptocurrencies is no exception. Here to support investment, growth, and outreach opportunities.
We Want YOU! Social influencer? Skilled marketeer? Or just want to help Litecoin Cash become the next breakout cryptocurrency? Join our community! We are always interrested in hearing about your ideas and suggestions for Litecoin Cash. Reach out through one of our community channels above. Full Light Mobile Hardware. Exchanges Pools Partners Faucets Other. About Litecoin Cash. Hybrid mining No mining hardware? Fair Launch Initial distribution based on years of Litecoin blockchain history, with claim ratio.
It Fell From Space! Modern Codebase Our 0. Read our launch whitepaper! Moving up: Spacedrop! Read more about the Spacedrop. Existing SHA miners and pools are not affected. Proof-of-work blocks are accepted by the network at any time, so SHA mining hardware never needs to stand idle. The mining process will be democratised, as any LCC holder can become a beekeeper. Prefer to learn by playing? Try The Hive on testnet first! Join us on this journey as this is the beginning before we tackle Rialto.
Details: Whitepapers Our whitepapers explain our goals and vision, and are available below. Wallet: Full - Litecoin Cash Core v0. Wallet: Hardware - Xeeda The Xeeda hardware wallet is available to pre-order now, and will feature full support for Litecoin Cash.
Exchanges: Live. Mining Pools. Strategic Partners. Other Services. All Info site Block explorer. Frequently Asked Questions.
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