Review on Litecoin Cash by Daniel Bamidele
Litecoin Cash has open-source network.
Litecoin Cash(known by the symbol LCC) runs on it's own blockchain and it has a transaction fees, faster, cheaper and better retargeting (compared to bitcoin). In my own view, I see litecoin Cash has a higher max supply that has a better adjustment. The project is a breakway or fork as it's more commonly known, from the original litecoin project
The project was created in 2017, and I my own view, the major benefits of this platform is that new ideas can be built on the back of the established ones. One of the main benefit of this project is that it's an open-source system, which means that changes to protocol can be implemented at any time with
I believe that, litecoin Cash is one of the most popular altcoins in terms of market cap, I see this project has an extremely interesting one and we live in with crypto world still so much in it's infancy. I also believe that litecoin Cash offers the support of a proven and it's a fast, secure and accepted Globally with incredibly low transaction fees
Litecoin Cash uses a slightly different proof of work minning census mechanism than bitcoin and has a fast transaction time. Being an open-source platform is flexibility to litecoin to implement tech innovation. I have come to understand that it is not just an open-source but a peer-to-peer and a decentralized alternative to fiat money and it scalability can handle 15 transactions per second
Pros
- It's open-source network
- Low transaction fees
- Scability and security rate
Cons
- The project has some branding issues
- The project is one of the most popular coins on the dark web.
