What is Litecoin Cash (LCC)

Start learning about what is Litecoin Cash through guides, tokenomics, trading information, and more.
Litecoin Cash is an open source, peer-to-peer digital currency based on SHA-256 proof-of-work hashes. It’s also the world’s first blockchain to utilize HiveMine, the latest cutting-edge technology that helps to provide the ultimate protection from 51% attacks and double spending, and ensures the sustainable and long-term security of its public distributed ledger. The Litecoin Cash blockchain also has practical uses such as in the medical sector as it stores and manages electronic medical records in a secure way, as well as protecting sensitive data from hackers and giving patients more control over their information that complies with privacy regulations. LCC's target block time of 2.5 minutes gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin. HD wallets and native SegWit with bech32 addresses are fully supported
Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. If you held LTC at block 1371111 but haven't claimed yet, your LCC are still waiting for you! After many months of testing on tetnet The Hive became active on mainnet on Wednesday 6 Feb. 2019 The Hive is our brand new democratised mining concept, which feautures negligible energy cost and will help to. protect the coin against 51% attacks. Users create bees, agent-based mining workers which earn rewards for their owners.
Tokenomics describes the economic model of Litecoin Cash (LCC), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
Litecoin Cash TokenomicsPro Tip: Understanding LCC's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for LCC aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of LCC? Check it out now!
Litecoin Cash Price PredictionThe information on this page regarding Litecoin Cash (LCC) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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