The Litecoin Hardfork producing litecoin cash(LCC) is Expected around 22:39:05, Sun 18 February 2018 (UTC) . For every 1 LTC you hold at the fork block, you'll receive 10 LCC.
Following are the features and details of the fork.
Website Link : https://litecoinca.sh/
Fork Block : 1371111
10:1 Claim Ratio : For every 1 LTC you hold at the fork block, you'll receive 10 LCC.
90% less transaction fees than litecoin
How to get you Litecoin Cash.
- Wait for the fork
- Move your Litecoin to some other exchange or address.
- Use the private key for the "old" address to claim your Litecoin Cash.
These are few independent developers and they have themselves mentioned that
"We're not associated or affiliated with Charlie Lee or any of the Litecoin team in any way; we are big fans though."
The only big purpose Litecoin cash serves is that they are using the Bitcoin mining hardware which has become of no use since Bitcoin network has grown to many folds.They have found their niche and who knows if it works.
All we can do right now is claim our free money!!
What do you guys think? Is it something going to be like Bitcoin Cash or is just a trick of a few crazy developers craving for quick money.