So its been a while coming. The long anticipated LTC fork is going to be realized in about a week or so. Right! Program it in your calendar... Ill be posting live on YT if possible.
Ok, lets be clear.. The neon green color for the logo has too go.. Like a deer in the headlights
Oh my... Now that the hard fork is coming its time to prepare. For folks that own LTC already this should be interesting for numerous reasons.
The Technicals of algo and mining. Get out your old BTC rigs from 2011
The Investment potential and initial devaluation.
Now here is the official link from the LTC Cash website.
https://litecoinca.sh/#download
This is actually quite useful for those do trade LTC and BTC. I would expect to see some trade windows around this. The main reason of the article really is to focus on the aspect around how the technicals work,
Folks that are familiar with BTC then this will be a no brainer. Also, if your familiar with most cryptos especially Dash this will likely be of interest.
So comparing LTC to LTC Cash(LCC)..
What is really of interest is that Mining algo is updated like DASH (It is dynamic automatically adjusting by how much hashing power is on the network. (Dash has a kickin network) and adjusts for difficulty as well (Difficulty is recalculated each block).
. The Mining algo is (SHA-256) and is considered solid and secure. (That of course is always up for debate) , Clearly, this is well documented below so I wont restate all the details.
This will be interesting to see how this performs in this market of extreme volatility .. for the mean time its time to HODL..... Ill be at the Bitcoin Superconference in Dallas that weekend.. Hope to see you there. https://www.bitcoinsuperconference.com/
Joe Holbrook, The Cloud Tech Guy.. Owner of myblockchainexperts.com
Since they are rewarding 10:1 I would think the price would only be between $1 and $3 once it hits the market.
Good point... Thanks for your advice/thoughts