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When did Litecoin fork (What does Litecoin mean)

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When did Litecoin fork? Litecoin forked at block height 630,000 (approximately 3

When did Litecoin fork (What does Litecoin mean)

When did Litecoin fork? Litecoin forked at block height 630,000 (approximately 3 AM Beijing time on September 16, 2018). Litecoin founder Charlie Lee tweeted that the first hard fork of LTC was the 2016 LIT2 upgrade, which was also the first official PoW blockchain network upgrade. It would package all mined bitcoins onto one chain and destroy them. The second fork created “Lit-X” and “Lit-B”.

According to coinmarketcap data, the current price of LTC is about $70.48, with a 24-hour increase of 14.68%.

What does Litecoin mean

What does Litecoin mean? In the current market fluctuations, we can explain what LTC is with one word. LTC is a fork of Bitcoin, originally launched by former Bitmex CEO and OKEx CEO Zhao Changpeng and Kraken founder Mike Blandin. It is a digital currency derivative trading platform that went live in January 2019 and was later acquired by Coinbase, becoming the “first stock” of the crypto world. The meaning of Litecoin can be interpreted in three ways: one is market power, another is price increase, and the third is the passing of time, which is a consensus mechanism that determines the direction of the market and whether people’s expectations for the future are consistent.

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