Litecoin expressed that the hegemony of the fiat, which currently dominates the other methods of payment forms, is oppressive. They are calling users to break the chains of oppression together with Litecoin Cash.
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.
Can I still claim LCC if I was holding Litecoin during the fork?
Absolutely. If you were holding Litecoin at block 1371111, and you haven’t yet claimed LCC, it’s still there waiting for you. First, move your LTC to a new address, and only then may you use the private key from the “old” address to claim your LCC.
Litecoin provides for Hybrid mining, so, those who do not have a mining hardware need not worry. Since Hive mining does not need any mining hardware (Or) you can mine with traditional SHA256 hardware.
The revolutionary mining system of Hive is now live. The initial distribution is based on years of Litecoin Blockchain with 10:1 claim ratio. Litecoin cash is used in real world projects already. They are working with ACAIM to investigate the medical uses for blockchain technology.
They claim that “Litecoin Cash was the first crypto to be dropped from space. “On 17 May 2018, the Litecoin Cash team, in association with Sent into Space, dropped 160000 LCC from near-space, above the British Midlands. Crypto “airdrops”? This is the real thing!”
They have a modern codebase. Their 0.16 wallet release brings full support for HD wallets and native SegWit by using bech32 addresses.
For clarity, Litecoin Cash was founded in December 2017 and in Jan 2018 the development and testing process took place. On Feb 18, 2018, there was a Fork Block. And, several developmental events continued in their developmental roadmap.
ACAIM white paper was out in Aug-Sep 2018; The Hive was out on Feb 06, 2019. Through milestones, hardware wallets, marketing, and LCC Halving happened.
The RING was on May 14, 2020. The HIVE 1.2 development, MinotaurX Development, Private Testnet, are getting done. Further Public Testnet, The Hive 1.2 Mainnet and Rialto will be in progress soon.