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Litecoin hard fork – comment from eToro
Iqbal Gandham, UK Managing Director at eToro, one of Europe’s largest cryptocurrency retailers:
“Unlike with Bitcoin Cash, which was aimed at solving scaling problems, there appears to be little value in this fork for Litecoin. A split from the original coin does not seem to improve on the technology, nor does it offer any obvious benefit to the Litecoin platform.
“The reality is that a few users wish to create a fork which allows them to utilise older mining hardware. We’re minded to agree with Charlie Lee on this one, in urging caution around the fork.”
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