Creator of Litecoin on "Will Litecoin Overtake Bitcoin?"
Litecoin is the second most popular cryptocurrency after Bitcoin. Litecoin's advantages over Bitcoin include its faster block confirmation times and scrypt hashing algorithm (to prevent ASIC mining). But will Litecoin ever see the massive success Bitcoin has seen and maybe even surpass it? Here's what Litecoin creator Charles Lee has to say on the matter.
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Aprils Fools was almost over, but there was still a joke in store in the crypto space. Litecoin creator Charlie Lee made a fake announcement via Twitter claiming that Litecoin would be rebranded to BitcoinLite, “as Satoshi Nakamoto intended.” Lee posted a version of Bitcoin’s whitepaper highlighting the letters LITE and a link to Litecoin […]
If you're new to the cryptocurrency world, you'd be forgiven for not having heard of litecoin. The currency, which was created by Charles Lee in 2011, is the second largest digital currency next to bitcoin. Here is our guide to what you need to know. Knowing your litecoin from your bitcoin. If you are used to using bitcoin, litecoin holds few surprises - if you're not yet initiated, read our guides on What is bitcoin and Why use bitcoin. The ideas in those guides also apply to litecoin. The primary desktop application is a modification of Bitcoin-QT client, and can be downloaded from....
Charlie Lee, the much celebrated creator of the silver-cryptocurrency Litecoin, recently went into a Twitter argument with a random user named Darth Camel, who accused him of neglecting Litecoin in terms of development. In his response, Lee said that their cryptocurrency does not need development right now. "Adding gimmicks does not help a currency succeed," Lee made his point. "Liquidity, merchants, and user does." Darth Camel though didn't stop there. He retaliated by saying that Lee shows no love, and attention towards the very cryptocurrency he created. In his kick-starter tweet, Camel....
We recently had the opportunity to interview Charlie Lee at the Amsterdam conference. Charlie Lee is the creator of Litecoin and recently joined the Coinbase team after working as an engineer for Google. He has earned a Master’s degree in electrical engineering and computer science at MIT. Litecoin has often been referred to as the “silver” of the cryptocurrency world for being second only to Bitcoin in popularity and value. Bitcoinist: Okay, so here we are with Charlie Lee. Thank you for taking the time. Charlie Lee: Thank you. My first question would be: what would you suggest to those....
Cryptocurrency exchange GDAX (Coinbase) has announced it is now supporting Litecoin (LTC) trading. Litecoin Added to GDAX Exchange. Everyone in the crypto-community knew it was coming when Litecoin creator Charlie Lee hinted about the LTC addition to GDAX yesterday by saying via Twitter that “tomorrow’s going to be a good day.” In fact, Lee, who now....