NEW victim of Hardfork
Another Hardfork event is coming. But now its Litecoin, Expected LitecoinCash fork time: 22:51:00, Sun 18 February 2018 (UTC) .
LitecoinCash
New coin will have LCC ticker. One of the interested feature of new coin will be 10:1 claim ration instead of traditional 1:1 ration.
Why?
There is no fast, cheap SHA256 coin with good difficulty adjustment. SHA256 miners have little practical choice of hashpower destination, and if they do mine blocks they’re being paid in a currency with 10 minute block times.We believe we can offer an excellent SHA256 coin for general usage. We love Litecoin, and wanted to give something to the brave hodler community. With everyone else too busy forking Bitcoin, we decided that the Litecoin blockchain was a perfect means of intial distribution for our coin.