Ticker name LCC - Litecoin Cash a “fork of litecoin”
but mined with SHA 256 like BTC(bitcoin)
not mined with scrypt like litecoin!
Litecoin, like Bitcoin, is a cryptocurrency, but based on scrypt, not SHA-256.
Scrypt is a different cryptographic algorithm that was designed to be difficult to parallelise.
That hasn’t stopped it from moving to the GPU, it requires far more memory than Bitcoin mining – several gigabytes more, as opposed to several dozen megabytes!
Making LCC mining very attractive because it’s sha256!
LCC
Value on yobit exchange $7.22 USD
Litecoin Cash
not to be confused with
Litecoin Classic
Ticker name LCC - litecoin classic an etherium token
Value : Dead? (Let me no if I’m wrong)
Did you take part in the LCC hype?
Comparison of btc forks to ltc from LCC website.
Litecoin Cash is ready for you to claim!
If you held ltc in a wallet that you hold the private keys to, then your ready to claim at a ratio of 10:1!
Please wait before you rush off and claim your new free coins, always practice safe forking!
That means to secure your current funds before claiming the new coins.
If you held LTC at the block 1371111 then your LTC wallet is now holding LCC.
MAKE SURE to move your LTC from the wallet that held ltc at block 1371111 to another safe wallet that you won’t be useing to claim LCC.
The reason being that your going to use the original ltc wallets private key to redeem the lcc, thus leaving your LTC/LCC wallet partly vulnerable by giving away its private key.
(Your not giving the key away it’s inputting the key into LCC core wallet from the lcc website, but if LCC turns out to be more scam than truth it’s more than likely if you hold ltc in the same wallet it could get stolen and or other issues)
Check the Litecoin Cash website for the full guide to claiming your LCC....
There is a simple wallet lookup tool to see if your LTC wallet is now holding LCC
Ltc to LCC wallet check
Once the litecoin core wallet finishes its sync and I have a personal LCC wallet address, I will setup some mining rigs for lcc-sha256! Let’s put some old mining equipment back to good use! If this coin survives its initial dump it could make the average home miner profitable again!
Old laptop on what feels like dialup.....
Currently yobit exchange is trading iou of LCC, if you held ltc on yobit during the fork you are one of the lucky people to have first access to your LCC!
Some have sold all at $9usd average or traded for btc/eth equivalent!
But in till yobit implements the wallet and its possible to deposit LCC, the majority of people are stuck waiting to dump....
If you believe in LCC hold!
A New exchange currently in beta MeanXtrade is one of the only places currently accepting LCC deposits!
But the prices are very volatile as the exchange is brand new!
MeanXTrade Exchange trading pairs...
I will post a full guide and my experience with mining LCC useing my old GPU rigs and some ant miners very soon!
Keep following to find out more....
Thanks
T
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