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Litecoin Plus (LCP for short) is a cryptocurrency or a digital asset. LCP Coin is trading at $0.01840091 today with a 24-hour volume of $17.04. Prices are up 0.3% in the past 24 hours. It has a circulating supply of 2.54 million coins and a maximum supply of 4 million coins.
Founded in 2014 and originally developed as a Scrypt PoS coin, LitecoinPlus (LCP Coin) effectively iterates on Litecoin's strong foundation with a series of significant feature enhancements that allow it to focus on the ecosystem safety and sustainability.
Deciding to use PoS which is an inherently green algorithm (i.e. not computationally intensive), LitecoinPlus (LCP coin) can be used as a defense coin against the inherent energy demands of mass adoption PoW coins such as Bitcoin.
LitecoinPlus (LCP coin) was subsequently upgraded to a PoW/PoS hybrid, which increases the ability to resist attacks compared to coins that only use PoW or PoS, while giving users the flexibility to mint new coins.
The decision to use PoS is an inherently green algorithm (i.e., not computationally intensive) designed to insulate the coin from future energy demands inherent in mass-adopted PoW coins such as Bitcoin.
Low coin supply and good ratio of high-quality supply LitecoinPlus (LCP coin) is conducive to long-term stability and ultimately becoming a viable next-generation commodity and store of value.
Due to the minimum coin supply (4.000.000 coins), LitecoinPlus (LCP Coin) is considered a commodity, a valuable store of wealth.