Investing.com - A major fork in the cryptocurrency world is coming and its generating some controversy, even though splits have become common in the past year.Sometime on February 19, Litecoin Cash will fork from Litecoin, currently the sixth largest digital currency by market capitalization.The situation is reminiscent of the famous Bitcoin Cash split from Bitcoin in August 2017, one of 19 Bitcoin forks last year.Like any hard fork, Litecoin Cash will have its own blockchain technology, separate to the existing one. Its founders say Litecoin Cash's block speed will be significantly faster than Litecoin and Bitcoin.Litecoin's creator, Charlie Lee, has reportedly warned that any fork could be a scam, because the new coin would be leveraging the Litecoin name to establish legitimacy. Litecoin Cash's creators told Business Insider that the coin is not a scam and offered significant improvement.Some market watchers are predicting that forks will become even more common after the recent launch of Forkgen, a site that enables people with sufficient programming skills to create spinoff currencies.
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