" class="no-js "lang="en-US"> Litecoin hard fork - comment from eToro - Fintech Finance
Thursday, March 28, 2024

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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