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>a new currency That's the answer to your question. It really is a new currency, but everyone with Litecoins gets an amount of the new currency equal to their
by FatalLogic 13y ago
>a new currency
That's the answer to your question. It really is a new currency, but everyone with Litecoins gets an amount of the new currency equal to their Litecoin stake.
After that, Litecoin and Litecoin X11 are separate entities, which will not have the same price. Possibly Litecoin X11 will be worthless, if it doesn't get much support. Like any digital currency of this kind, it will be worth whatever people are willing to pay for it. Exchanges will have to opt in to accept Litecoin X11, as a separate currency from Litecoin.
- sliverstorm 13y agoOr, if the buy-in is significant, Litecoin goes the way of the DoDo and Litecoin X11 replaces it under the Litecoin moniker.
- FatalLogic 13y agoThat's possible, although it's less likely because if the X11 fork won, then there's a chance the project would lose the original Litecoin developers. That would be very disruptive, and would probably pull the price down, and that is a risk which may deter some people from using the X11 fork.