February 19, 2018
Held hardfork LitecoinCash
The developers LitecoinCash confirmed hardwork the Litecoin. The network snapshot was taken on block 1371111.
The LitecoinCash team claims that the wallets for the new cryptocurrency will be presented within the next 24 hours.
One of the main differences of LitecoinCash is that if the mining of the “original” Litecoin uses the Scrypt function, Litecoin Cash is a cryptocurrency based on Proof-of-Work, whose network security is provided by the SHA256 algorithm.
It is also claimed that LitecoinCash will have a significant advantage over other major SHA256 coins – bitcoin and Bitcoin Cash. If the average time to create new blocks from BCH and BTC is 10 minutes, the LCD, this figure will be 2.5 minutes, which will ensure faster confirmation of transactions.