It's centered around the concept of worker bees, which can be created by any LCC holder, who then becomes a beekeeper. The Hive, our agent-based mining system, requires no specialised hardware anything from a Raspberry Pi to your normal desktop PC is fine. Read our launch whitepaper !Ī brand new method of mining has been added to Litecoin Cash - and after sensational support from miners for the user-activated soft fork, it's operational RIGHT NOW on both testnet and mainnet. HD wallets and native SegWit with bech32 addresses are fully supported. LCC's target block time of 2.5 minutes gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin. The fork features replay attack protection & a new address prefix to prevent confusion and inter-chain issues. To prevent early dominant miners from having an unfair advantage, block rewards scaled up linearly over the first 2000 blocks. Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 for more predictable block times as well as network protection from multipool hopping. This enables a new use for previously obsolete Bitcoin mining hardware. If you held LTC at block 1371111 but haven't claimed yet, your LCC are still waiting for you!Īfter the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. Litecoin Cash was forked from Litecoin on at block 1371111, with a 10:1 Claim Ratio.
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