Is litecoin a hard fork of bitcoin

is litecoin a hard fork of bitcoin

processing units (GPU), as they felt that mining had become too specialized in terms of equipment and hardware required. Bitcoin ; the lower anticipated difficulty of mining. The company does not claim to be affiliated with. Bitcoin mining hardware, which is no longer powerful enough to mine. Litecoin, cash will bitcoin prijs euro put such legacy hardware to effective use. In order to accomplish this, it proposed increasing the block size from 1 megabyte to 8 megabytes. The announcement of, litecoin, cash was made on February 3, and was quickly denounced. (See also: Will Bitcoin Undergo 50 Forks in 2018?

Litecoin, cash, as was the case with.
Bitcoin s hard fork, august of last.
A hard fork is a fundamental change in the way a blockchain operates, such that any nodes that do not upgrade their software are on a different blockchain altogether.

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Disclosure: I own some Bitcoin, Bitcoin Cash and Ether. This has come to be referred to as the. The new currency is meant to increase the block speed at which the network can process transactions. Despite some lingering interest, Bitcoin Unlimited has largely failed to gain acceptance. Litecoin, cash will spilt from the, litecoin blockchain at around 5pm ET (11pm GMT) on Sunday and will give every. February 8th, 2018, London, United Kingdom: Everyone holding, litecoin will automatically receive 10, litecoin, cash for every, litecoin they own.

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