Litecoin Cash Hard-Forked From Litecoin

In the network of the fifth cryptocurrency by market capitalization, Litecoin, a successful hard-fork has happened at block 1371111, creating a new cryptocurrency called Litecoin Cash (LCC). This cryptocurrency relies on its own independent blockchain, which is not connected to Litecoin. LCC wallets are already available for download. 

Some members of the crypto community are concerned about this cryptocurrency. The founder of Litecoin Charlie Lee has expressed his doubts in LCC and urged investors to be extremely cautious, saying that this project might be a fraudulent one. 

However, developers of Litecoin Cash deny all negative statements about their project and claim that LCC is an improved version of Litecoin with the faster transaction speed and lesser fees.