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Litecoin Cash (LCC)

Categories: Tech, Banking

Henry "Litecoin" Cash (1845-1888): gambler, con artist, and far West explorer. Litecoin Cash disappeared on a trip to South Dakota, when he hoped to sell the Sioux Indians on an investment first presented to him by a Nigerian prince.

Eh, okay. Maybe not.

The other Litecoin Cash is one of a growing field of cryptocurrencies. It's a competitor to Bitcoin and Etherium.

Litecoin Cash was created as a hard fork from Litecoin, meaning it broke off from an already existing digital currency. The split took place in 2018.

Litecoin itself was launched in October in 2011, a spinoff from Bitcoin. It reached $1 billion in capitalization in 2013.

Find other enlightening terms in Shmoop Finance Genius Bar(f)