Litecoin Cash $LCC

Litecoin Cash is an innovative, open-source, peer-to-peer digital currency that utilizes SHA-256 proof-of-work hashes. It holds the honor of being the first blockchain in the world to make use of HiveMine - a technological breakthrough which intensifies protection against 51% attacks and double spending. Boasting sustainable and long-term security of its public distributed ledger, Litecoin Cash provides far-reaching applications, including in the medical sector for the secure storage and management of electronic medical records.

Litecoin Cash: Efficient and Safe Transactions

LCC, the native currency of Litecoin Cash, aims for a two-and-a-half-minute block time, offering four times the transaction bandwidth of Bitcoin. Moreover, transactions on this network are 90% cheaper than those on Litecoin. Litecoin Cash fully supports HD wallets and native SegWit with bech32 addresses, ensuring smooth and streamlined operations.

Origins of Litecoin Cash

Litecoin Cash originated from a fork from Litecoin on 18th February 2018 at block 1371111, with an advantageous 10:1 claim ratio. In simple terms, for every 1 LTC held at the fork block, LTC holders had the opportunity to claim 10 LCC. It's worth noting that if anyone held LTC at block 1371111 and hasn't claimed yet, their LCC are still up for grabs.

The Hive: A Revolutionary Mining Concept

The Hive, an avant-garde mining concept, was activated on the mainnet on the 6th of February, 2019 after extensive testing on the testnet. This democratized mining concept is characterized by minimal energy costs and heightened protection against 51% attacks. Through The Hive, users can spawn bees, agent-based mining workers that earn rewards for their owners, fostering a more inclusive and efficient mining environment.