Litecoin Cash fork happened today on 1371111 block. All LTC holders were promised 1:1 LCC. LCC will use Proof-of-Work based on SHA256 algrorithm.
⛔️ Scam alert: It has been reported this week that Litecoin founder Charlie Lee is actively warning people not to trust or invest in Litecoin Cash. The new version apparently has nothing to do with the original LTC and is just using the name to generate interest and dupe people into believing it is.
It's getting more and more clear that the only point of so-called "forks" is to lure people into buying the shitcoin with no real use. Beware.
Thanks for the article. I've just written a new post-mortem article on the LCC/YoBit "Scam" and sharing it around. Please check it out and share your thoughts. I'd like to help keep any more good people throwing money at this insanity.
Cheers!
https://steemit.com/lcc/@googoomuck/lcc-is-a-bust