Litecoin Cash presents itself as a faster, cheaper cryptocurrency, easier to be mined with a more simple technology than its competitors.
Litecoin Cash (LCC) has been introduced to the market after forking from Litecoin. This hard fork apparently offers some advantages that might be very attractive for the markets. Most of all, a certification speed of just 2.5 minutes instead of the usual 10 minutes. Moreover, LCC can be mined with technology that it no longer works for Bitcoins, cheaper and with less energy consumption. Litecoin holders will receive 10 LCC for each LTC they have.
There is not much information about this fork which is very strange but the sudden sell-off by the LITECOIN founder might be a big clue that confirms this fork is n fact real, if you remember the cause that Chalie Lee gave for his sudden move was that he did not agree with the road that litecoin will take.
Another red flag is the fact that no one know who is taking care of this fork, no names or reference what so ever.
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