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About: Founded in 2014 and initially developed as a Scrypt PoS coin, LitecoinPlus (LCP) effectively iterates on Litecoin's robust foundations with a host of important functional enhancements, enabling to focus on both security and sustainability of the ecosystem.
The decision to use PoS, which is intrinsicly a green algorithm (i.e. computationally not intensive), serves to future-proof the coin against debilitating energy requirements inherent in mass adopted PoW coins such as Bitcoin.
LCP was subsequently upgraded to a PoW/PoS hybrid, bolstering resistance to attack compared to coins that utilise PoW or PoS exclusively as well as empowering users with flexibility in how new coins are minted.
