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Litecoin Cash is a cryptocurrency created in 2018 as a hard fork of Litecoin, designed to offer faster transaction speeds and lower fees through its use of the Scrypt proof-of-work algorithm. Its key distinguishing feature is the implementation of a larger block size, which allows it to process more transactions per second compared to its parent chain. The project aims to serve as a practical digital currency for everyday transactions while maintaining the accessibility and simplicity of the original Litecoin network.