



We're forking Litecoin... and making it SHA256. Yep!

The Hive

A brand new method of mining with Litecoin Cash.

Existing SHA256 miners and pools are not affected. Proof-of-work blocks will be accepted by the network at any time, so SHA256 mining hardware never needs to stand idle.

Proof-of-work blocks will be accepted by the network at any time, so SHA256 mining hardware never needs to stand idle. 51% network attacks are rendered ineffective. Worker bees won't mint blocks on an attacker's private chain, so they cannot accumulate enough chain work to perform a 51% hashpower attack.

Worker bees won't mint blocks on an attacker's private chain, so they cannot accumulate enough chain work to perform a 51% hashpower attack. The mining process will be democratised, as any LCC holder can become a beekeeper.

Space drop!



On May 17 2018, as our "Season 1 Finale" to celebrate a successful first couple of months, we dropped 160000 LCC from space. Crypto airdrops? This is the real thing!







Full mission info On May 17 2018, as our "Season 1 Finale" to celebrate a successful first couple of months, we dropped 160000 LCC from space. Crypto airdrops? This is the real thing!Full mission info here

Details

FAQ





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. Litecoin Cash has lower transaction fees, better difficulty adjustment, and is mined with SHA256.LCC is much faster and cheaper, and has far more bandwidth and better difficulty retargeting.Litecoin Cash supports Segwit, and has much faster block times.

Mobile Wallets



Coinomi (auto credit for LTC at fork time available)



Exchanges







TradeSatoshi (auto credit for LTC at fork time available)



Mercatox (auto credit for LTC at fork time available)



CryptoBridge (NO auto credit available, only post-fork market)



SouthXChange (auto credit for LTC at fork time available)



StocksExchange (NO auto credit available, only post-fork market)





Meet the Team





Learn more about the team



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Caution!

The Hive, our agent-based mining proposal, requires; any desktop PC is fine. It's centered around the concept of, which can be created by any LCC holder, who then becomes aOnce mature, worker bees have a finite lifespan during which they live inside the blockchain and help to secure it by minting blocks. Beekeepers will earn rewards whenever one of their bees mints a block.- At block 1371111, Litecoin Cash hard-forked away from the Litecoin blockchain.- For every 1 LTC you held at the fork block, you'll receive 10 LCC.- After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware.- Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 algorithm from Dash. This provides more predictable block times as well as network protection from multipool hopping.- Target block time of 2.5 minutes gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin.- To prevent dominant early miners having an unfair advantage, block rewards will start at 1.25 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. After this, DarkGravity will adjust the difficulty based on observed block generation time. The 250 LCC block reward (equivalent to 25 LTC) will halven at the same chain heights as Litecoin.- Less than 1% of total money supply at fork time (~0.65% of total money supply) will be paid to a development fund.To learn more, please visit our website There is no other fast, cheap SHA256 coin with good difficulty adjustment. SHA256 miners have little practical choice of hashpower destination, and if they do mine blocks they're being paid in a currency with 10 minute block times.We believe we can offer an excellent SHA256 coin for general usage. We love Litecoin, and wanted to give something to the brave hodler community. With everyone else too busy forking Bitcoin, we decided that the Litecoin blockchain was a perfect means of intial distribution for our coin.No. We're using the Litecoin Cash name simply because it has become customary in recent months for a coin which forks a blockchain to prefix its name with the name of the coin being forked. This practice has become a widely understood convention. We're not associated or affiliated with Charlie Lee or any of the Litecoin team in any way; we are big fans though.See below for exchanges offering automatic credit for LTC holders.The very best way to hold coins during the fork where you know you'll have control of the keys is to use a desktop Litecoin wallet such as Litecoin Core or Jaxx.If you use a Ledger, the simplest solution is to move funds from your Ledger to a desktop wallet, just until the fork block happens.Part of the reason it's so great is that it's impossible for you to directly access private keys for your wallet addresses. What is possible is to use your 24-word BIP39 phrase in conjunction with an offline tool such as this one, which you must save and run locally while disconnected from the internet. That tool can derive your private keys from your 24-word phrase, however, you really shouldn't do this. For one thing, you'll need to reinitialize your Ledger wallet in order to practice safe forking. It's really simplest to transfer your LTC to a desktop wallet, and transfer it back after the fork.IN ALL CASES: Practice safe forking. That means you must never paste private keys that hold live funds into ANY website or wallet in order to claim fork coins -- including ours. After the fork, FIRST move your LTC to a new address, THEN use the private key from the "old" address to claim your LCC.No; it doesn't even need to be open. Paper wallets and other forms of cold wallet will receive LCC without issue.YES - Anyone holding Litecoin at block 1371111 will have 10X as much Litecoin Cash. If your LTC is stored by a third party such as an exchange, then you must inquire with them about claiming your Litecoin Cash.Firstly,. Practice responsible forking: 1. Wait for the fork; 2. Move your Litecoin to a new address; 3. Use the private key for the "old" address to claim your Litecoin Cash.We've made it super easy to claim. No need to mess around in the debug console! When our wallets released, you'll find a menu item to help you import your Litecoin private keys and claim your Litecoin Cash.Practice responsible forking! Always transfer your coins to a fresh addressimporting any private keys into any fork wallet.