LITECOIN CASH LTCH WHITE PAPER

Transcription

1 LITECOIN CASH LTCH WHITE PAPER

2 SUMMARY : WHAT IS A CRYPTOCURRENCY SMART-CONTRACT WHAT IS LITECOIN CASH LTCH? WHAT ARE GOALS OF LTCH? LTCH PRE ICO & ICO INVESTEMENT RULES LTCH ROADMAP TEAM CONTACT

3 WHAT IS A CRYPTOCURRENCY? Each Blockchain is associated with a cryptocurrency (also called a token). The most well-known is the Bitcoin, a currency invented by Satoshi Nakamoto in Today, there are several hundred different digital currencies. They all share the common trait of being a virtual means of exchange, not based in any single state, as opposed to the Dollar or the Euro. They circulate via peertopeer networks, based on cryptographic algorithms, and are not necessarily intended as a payment system between users. The number of units in circulation and the maximum money supply are defined in advance and visible to all. Until proven otherwise, cryptocurrency cannot be counterfeited or stolen. It is possible today to define several separate families of cryptocurrency, which are adapted to the objectives of the communities who use them: Infrastructure currency: the type of currency likely to bring about the most profound changes, whose ambition goes far beyond being a simple means of payment, and which has the objective of offering a real alternative to the existing financial system. Examples: Ethereum, NXT, Ripple... Social currency: currency created to allow the easy exchange of small financial amounts between web users ( social tipping ), on existing social networks in particular. Alternative currency: broadly inspired by Bitcoin, these currencies attempt, via technical innovation, to function either more easily, more securely or more rapidly, for example by reducing transaction verification times. o Examples: Litecoin, Digibyte... Anonymous currency: currency created solely to serve as a purely anonymous means of payment, protecting both the user s identity as well as their transactions. o Examples: Monero, Bytecoin

4 SMART CONTRACT On-chain computer code or "Smart Contracts" are computer protocols that facilitate, verify, and enforce the performance of a contract making a contractual clause unnecessary. Smart contracts often emulate the logic of contractual clauses. Smart contracts can exchange money, property, shares or anything of value in a transparent, conflict-free way, while avoiding the services of a middleman. Ordinarily, a process would require payment to a middleman, government agency, bank, lawyer or a notary, and then a processing time before the receipt of goods or services. However, with smart contract technology it can all be automated. Smart contract technology can be compared to an automated vending machine. With a vending machine, money is deposited into the machine and the desired item drops for collection, if the correct amount is deposited. In comparison, with a smart contract, the money is deposited into escrow on the blockchain for a receipt of a transfer of a token (e.g. a digital certificate of title for a house), which is instantaneously transferred into a counterparty s control once the conditions are met. Smart contracts not only define the terms and conditions around an agreement in the same way that a traditional contract does, but it also provides enforcement of those obligations.

5 WHAT IS LITECOIN CASH LTCH : Litecoin Cash coin (LTCH) is an ethereum token (ERC20) instant and secure payments as well as anonymous transactions. Litecoin Cash has great potential for rapid growth and expansion.

6 LTCH GOALS : Protection of privacy by applying high secured technologies reducing the cost of transfer giving the users all what they need to be satisfied. LTCH empowers security, scale and coding flexibility on a business focused blockchain platform. The LTCH team will launch LTCH, Inc., as a commercial entity to provide an array of products and services to the community. LTCH team will create a specifoc platform to manipulate exchanges/trading of our token LTCH. Our vision supports areas of the market that are underserved with strong demand and projected growth in the blockchain industry ($300M by 2019 ). LTCH platform will support these needs.

7 LTCH PRE ICO & ICO : Contract information: Address: 0x22945dec52d5fcbf5b305e84b55d13f6b7968fb0 Symbol: LTCH Decimals: 18 Token Distribution Founders & Developers 10,000,000 LTCH 18.00% Airdrop 39,000,000 LTCH 72.00% Reserve for exchanges 6,000,000 LTCH 10.00%

8 LTCH ROADMAP :

9 TEAM On behalf of Litecoin Cash coin Team, we thank you for your interest in reading our White paper. Our White paper provides you with a brief summary about our Coin. Our team is divided into two parts Development Team Our development team has high skills and experience in this field. They are keen to develop the currency permanently and to eliminate any technical defects in order to ensure your safety and ease of circulation in exchanges. Management Team In order to achieve great success we must make do a great effort, because success can only be achieved with hard work. To ensure that we decided to work with a team who has many years or experience and have big skills on management experience We also cooperate with Third party partners complementing to our own team, we believe that they will have a good influence and they will help us to achieve the success because of the experience and the skills that they have. Together we can assure you the best products and services.

10 TEAM MEMBERS : Steven Mugwanja : CEO & Founder JEFFERSON MWATATI MARKETING MANAGER PETER GITAU PROJECT DEVLOPER BUSINESS ANALYST, BLOCKCHAIN ENTHUSIAST, MBA. SUPERVISOR OF STARTUP PROJECTS, EXPERT IN TRADEMARK RIGHTS CREATED LITECOIN CASH ON LAST NOVEMBER DEVELOPS AND MANAGES ALL THE MARKETING STRATEGIES FOR THE PROJECT. HIGHLY EXPERIENCED DEVELOPER IN C++ AND JAVASCRIPT. HAS MANY YEARS EXPERIENCE IN THE CREATION OF IT-PROJECTS MONETIZATION STRATEGIES, DEVELOPMENT AND (THE TOTAL VALUE OF TRADE INSIDE THE NETWORK EXCEEDS $500K).

11 CONTACT INFORMATION : Website : team@litecoin-cash.io Telegram