What does Litecoin Cash do?
Litecoin Cash (CRYPTO:LCC) is a cryptocurrency forked from Litecoin that aims to be more decentralized and accessible than Litecoin, while also offering faster transaction times and lower fees. LCC uses a proof-of-work consensus mechanism, but it has also implemented a number of changes to make the network more decentralized and secure, such as a unique block reward distribution algorithm that rewards miners for their contributions to the network. LCC is currently working on a number of projects to improve the network and make it more attractive to users and businesses, including a decentralized exchange, a launchpad for new cryptocurrency projects, and a new mining algorithm that is more energy-efficient and secure. LCC's objective is to become the leading cryptocurrency for everyday use. It aims to be a more decentralized, accessible, and efficient alternative to Bitcoin and Litecoin.