Re: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio
As someone who is mining LCC I am aware of the slow start and this will affect the mining.
We are already up to 111 block reward.
Quote
"Slow-Start Control - To prevent dominant early miners having an unfair advantage, block rewards will start at 0.25 LCC and grow to 250 LCC over the first 2000 blocks after the fork. The first 24 blocks after the fork will be mined at minimum difficulty. After this, DarkGravity will adjust the difficulty based on observed block generation time. The 250 LCC block reward (equivalent to 25 LTC) will halven at the same chain heights as Litecoin."
We are already up to 111 block reward.
All I know is I have a hard time believing that LCC can maintain at a $5 coin, with 10x the coin being made than LTC.....even if we get 10 LCC for each 1 LTC
(I have 440 LTC so now 4400 LCC so I hope I'm dead wrong)
(er wait, ripple...hmmm....could we be so fracking lucky?).....
the ways of cyrpto are mysterious to me
