To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Bitcoin import old wallets only trust our official software. Put your legacy Bitcoin SHA256 mining hardware to effective use.
For every 1 LTC you held at block 1371111, you can claim 10 LCC. Our wallet makes it easy to claim your LCC. Close to upstream, to allow us to incorporate all latest blockchain tech. Fork Block – At block 1371111, Litecoin Cash hard-forked away from the Litecoin blockchain.
10:1 Claim Ratio – For every 1 LTC you held at the fork block, you can claim 10 LCC. SHA256 Mining – After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. This provides more predictable block times as well as network protection from multipool hopping. Optimised for the Real World – Target block time of 2.
Slow-Start Control – To prevent dominant early miners having an unfair advantage, block rewards will start at 0. 25 LCC and grow to 250 LCC over the first 2000 blocks after the fork. The first 24 blocks after the fork will be mined at minimum difficulty. Compared to Litecoin: Litecoin Cash has lower transaction fees, better difficulty adjustment, and is mined with SHA256. Compared to Bitcoin: LCC is much faster and cheaper, and has far more bandwidth and better difficulty retargeting. Compared to Bitcoin Cash: Litecoin Cash supports Segwit, and has much faster block times.