((screen-shot by Your's Truly!))
That right there, my friends, is a quote straight from the Horse's... errm, Unicorn's Mouth! Roger the Unicorn is a DEV for LCC and he is predicting that the private testnet will soon be a Public Testnet and when that all plays out, and bugs are fixed, etc... THEN we will have Official HIVE-MINING early in 2019, I'd say Q1.
What is HIVE-MINING you might ask?
Glad you did! Hive mining is a CHEAP, Hardware FREE Version of POW (proof of work) mining that is based on the LCC Wallet. You do of course need a desktop or laptop, but NO ADDITIONAL HARDWARE like mining rigs or fancy GPUs. This is a Total Game-Changer, and LCC also uses the SHA-256 protocol just like Bitcoin.
What are the advantages?
To the USER, (me and you) we get cheap and easy Wallet Mining, each block is worth 250 LCC and each remote "miner" or "BEE" has roughly equal chances of finding BLOCKS. The latest price for each "BEE" was reported to be .2 LCC or 5 for one coin. LCC price is currently under 2¢ so a block is worth 1250x each "bee price" so it will be a great bargain for the "miner"... Roughly 1/2 or slightly less of the block will be available to the Bees and the majority will be for the regular POW MIners. BENEFITS to the Network and the overall LCC community are that the Blockchain will become virtually IMMUNE to 51% Attacks due to the presence of the Bee Patrols ;-)
Here's another Capture of Info about the LCC Hive MIning...
Here is the link in the screenshot, made clickable for you all ;)
hive mining
The main website is thus:
Litecoin CA$H!
I believe this will be one of the best coins of 2019, it was $3 in the great Crypto Peak of Jan 2018 and was recently as high as $1 after that. I personally expect $1 pricing in a relatively short time (6-9 months?) even if BTC and the overall Crypto Markets do not "recover" but that is just my own opinion, take that and $1 and buy a cup of cheap gas station coffee 😅 😆 😉
Disclosure: I am invested into this coin, roughly $300 U$D and I am of course, recruiting new investors. LCC has traded for $9 on one smaller exchange, which means NOTHING other than people were willing to pay that for a short time. Current pricing is 1.3¢ U$D ($0.0134348108) but has shown strong resistance to recent drop in the BTC markets. As BTC drop the LCC pricing in Satoshis has remained in the 270+ ranges on the exchanges I have.
Looks like a great investment for the coming year! Here is my "ref link" to the LCC Discord, I get ZERO for a referral, but I get the undying love of the Devs and admins there, I am currently the #1 referrer with 40+ and intend to stay ON TOP ;)
https://discord.gg/xgHdKHZ
We give away COIN at that discord, basically the way LCC does "airdrops" for the time being. Likely the ONLY Way to get Free LCC, they did a Spacedrop over Bloody Britain before LOL! Why let the Brits have all the fun? JOIN!
Ping me with the @undeRGRound#7534 and I will PERSONALLY give you some LCC!
Everyone else does that too, the key is to stay signed in and collect the "rain"drops
i completely got out from litecoin
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I better get my LCC wallet set up soon.
I still haven't even claimed any of the coin following the fork with only a 3.6 LTC in my core wallet at the time I believe.
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I read that they were crediting LTC holders 10:1 Kerris :)
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Very interesting that's for sure
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interesting way to protect...
how will they prevent Sybil attacks?
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Wha is SYBIL??? :D
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