I think that LCC is the brainchild of bitmain like Bitcoin cash and guess who dominates SHa256 algo obviously it's bitmain and that's why they have changed the algorithm from scrypt to sha256 because usually the forks are of the same algorithm apart from some exception like Bitcoin Gold but that too have a reasoning behind it that is to avoid ASICS. And I think that the new model V9 antminer of 4 Ths launched by bitmain is also somehow linked to this coin launch.
This is a really good point although i wouldnt go so far as to speculate that bitmain is behind the project, but it does say something to me that they changed it to sha256...
there could be some serious interest there and this coin could do well with just that small mining niche..
Devs I dont fully understand replay protection, can you explain a little bit about it and if it will be used in this fork?
Replay attacks can occur when the same transaction can be valid on two blockchains
you could do the legimate transaction on one network, then literally copy the transaction over to the other blockchain and it would be validated, e.g., without you having to sign for it there
this is the case when two blockchains use the same strategies for signing and checking the transactions
even if the networks use different addresses (as ours do) they still resolve on the blockchain to the same private key. The address is derived from the private key, but the private key is what actually matters, and as these are the same, replay attacks would be possible.
To implement replay attack protection, you need to make it so the same transaction wont validate on both networks. We do this by changing the consensus rules related to how a transaction is signed. If these are different on the two networks, then the same transaction will not validate on both (this works in either direction) and therefore, the network is protected from replay attacks.
That does mean that transaction created in Litecoin Cash network will not be accepted in Litecoin network, or transaction created in Litecoin network will not be accepted in Litecoin Cash network.
