The developers of Litecoin Cash confirmed hardwork the Litecoin. The network snapshot was taken on block 1371111.
The Litecoin Cash team claims that the wallets for the new cryptocurrency will be presented within the next 24 hours.
As mentioned earlier ForkLog, all LTC holders had been promised the coin LCC in the ratio of 1 LTC = 10 LCC.
One of the main differences of Litecoin Cash is that if the mining of the "original" Litecoin uses the Scrypt function, Litecoin Cash is a cryptocurrency based on Proof-of-Work, whose network security is provided by the SHA256 algorithm.
It is also claimed that Litecoin Cash will have a significant advantage over other major SHA256 coins – bitcoin and Bitcoin Cash. If the average time to create new blocks from BCH and BTC is 10 minutes from LCC, this figure will be 2.5 minutes, which will ensure faster confirmation of transactions.
https://twitter.com/LitecoinFork/status/965308456184971264?ref_src=twcamp%5Eshare%7Ctwsrc%5Em5%7Ctwgr%5Eemail%7Ctwcon%5E7046%7Ctwterm%5E0
- LitecoinFork