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Litecoin Cash priceLCC
Litecoin Cash price calculator
More cryptocurrencies calculator >Litecoin Cash price live data summary
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About Litecoin Cash (LCC)
Cryptocurrency Litecoin Cash: A Brief Overview Litecoin Cash (LCC) is a digital currency that emerged as a fork of the popular cryptocurrency Litecoin (LTC) in February 2018. As a fork, Litecoin Cash shares many similarities with its parent currency but also introduces several distinct features. One of the key features of Litecoin Cash is its increased block size limit, leading to faster transaction confirmations. While Litecoin's block size is set at 1 MB, Litecoin Cash has a block size of 8 MB. This allows for a higher number of transactions to be processed within each block, resulting in quicker verification times and improved scalability. Additionally, Litecoin Cash has implemented a new proof-of-work algorithm called SHA-256, which differs from Litecoin's Scrypt algorithm. This change was made to encourage greater decentralization of mining power and provide more security to the network. The SHA-256 algorithm is also the same one used by Bitcoin, making it easier for miners to switch between the two if desired. One important aspect that sets Litecoin Cash apart from Litecoin is its monetary policy. While Litecoin has a maximum supply limit of 84 million coins, Litecoin Cash has a significantly higher cap of 840 million coins. This decision was made to ensure sufficient availability and accessibility of LCC, as well as to accommodate the larger block size and faster transaction times. Litecoin Cash aims to enhance the overall cryptocurrency experience by providing a secure, scalable, and efficient digital payment solution. It offers users lower transaction fees, quicker confirmations, and increased mining rewards compared to Litecoin. It's worth noting that Litecoin Cash is an independent cryptocurrency with its own development team and community. Despite being initially derived from Litecoin, Litecoin Cash has since taken its own path and evolved separately. In conclusion, Litecoin Cash is a digital currency that emerged as a fork of Litecoin, incorporating various enhancements such as increased block size, a different proof-of-work algorithm, and a higher maximum supply. While it shares similarities with its parent currency, Litecoin Cash aims to provide a unique and improved user experience in terms of speed, security, and scalability.
Litecoin Cash price performance in USD
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Litecoin Cash Social Data
In the last 24 hours, the social media sentiment score for Litecoin Cash was 3, and the social media sentiment towards Litecoin Cash price trend was Bullish. The overall Litecoin Cash social media score was 0, which ranks 1972 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Litecoin Cash being mentioned with a frequency ratio of 0%, ranking 1972 among all cryptocurrencies.
In the last 24 hours, there were a total of 21 unique users discussing Litecoin Cash, with a total of Litecoin Cash mentions of 0. However, compared to the previous 24-hour period, the number of unique users increase by 133%, and the total number of mentions has decrease by 100%.
On Twitter, there were a total of 0 tweets mentioning Litecoin Cash in the last 24 hours. Among them, 0% are bullish on Litecoin Cash, 0% are bearish on Litecoin Cash, and 100% are neutral on Litecoin Cash.
On Reddit, there were 0 posts mentioning Litecoin Cash in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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