##What the fork is going on!!!!! (Part 1 of 2)

in #crypto7 years ago

Hey Guys,

Its time for the latest in the world of crypto-forks, before I go into the fork I will be discussing, I wanted to highlight that this post is more of a FYI than anything else, I am most likely going to keep my personal opinions to myself (well I'll try anyway). So here goes:

Yup, you guessed it, Litecoin cash LCC

This hardfork is schedule to happen @ block 1371111 which will be approximately 21:18 UTC on Sunday 02/18/2018 and the 3 main things I wanted to highlight in this post is as follows:

1). Upon a successful launch, anyone that holds LTC (and owns their private key) will be able to claim 10 LCC for every 1 LTC they have in their wallet (10:1 Ratio). The max supply for LTC is 84 Million coins so therefore the max supply for LCC will be 840 Million.

2). LCC will be using the SHA 256 mining algorithm to mine the coins, FYI, LTC is currently using the scrypt algorithm. (you guys can make of that what you please).

3). The block size and the time it takes to discover each block will remain the same @ 13GB and 2.5 minutes respectively for both coins.

If you guys are interested to finding out more about the LCC hardfork, you can click here.

The last thing I'll leave you with is what LTC founder, Charlie Lee had to say about the LCC hardfork, you can check that out here.

Well guys, I gotta go and in the words of Charlie Lee, Be careful out there.

Sort:  

You got a 33.40% upvote from @foxyd courtesy of @theprempredictor!

Delegate Steem Power to this Bot and get 90% of the earnings. More Informations here.

You just planted 2.81 tree(s)!


Thanks to @theprempredictor

We have planted already 7732.93 trees
out of 1,000,000


Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 18425.65
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
treeplantermessage_ok.png

This post has received a 6.87 % upvote, thanks to: @theprempredictor.

@masterbot has been called by @theprempredictor to give you 35.71% upvote!
Check this post for information about delegation. Make me strong!

This post has received a 4.00 % upvote from @chronocrypto thanks to: @theprempredictor.

Thank you for using F-RESTEEM service and your support.
Your post is resteemed and upvoted for your 0.100 sbd or steem.
Introduction of F-RESTEEM service.
Resteem+Upvote service : F-RESTEEM. Come again and support me.


Delegate Steem Power (SP) to @fresteem by clicking one of the following links: 500 SP, 1000 SP, 2000 SP, 5000 SP or any. And Earn 75% daily reward payout! Click here to know more about delegation benefits.

This post was upvoted %84 by @oguzhangazi and my curation's team thanks to: @theprempredictor

Thank you so much for using our service!

Help us grow by delegating to us! 100sp, 500SP, 1000SP

You just received 6.04% upvote from @onlyprofitbot courtesy of @theprempredictor!

You just rose by 19.4772% upvote from @therising courtesy of @theprempredictor. Earn 43.8% APR by delegating SP to therising. For more details visit: https://steemit.com/budget/@therising/auto-daily-payout-of-43-8-apr-for-steem-power-delegations-starting-from-500-sp-only-limited-period-offer.

This post received a 2.100 SBD (56.76%) upvote from @upvotewhale thanks to @theprempredictor! For more information, check out my profile!