Litecoin Creator Charlie Lee Claims Litecoin Does Not Need Development: Says Adding Gimmicks Does Not Help a Currency Succeed

Litecoin Creator Charlie Lee Claims Litecoin Does Not Need Development: Says Adding Gimmicks Does Not Help a Currency Succeed

Charlie Lee isn't one to often be outspoken, yet sometimes he tells the truth how he sees it. He has big ideas and is busy speaking at conferences, along with giving advice to other developers looking to following in the footsteps of Litecoin. So when he got into a Twitter argument with someone called Darth Camel, it was unexpected to hear him say Litecoin isn't in need of any more development. Darth Camel kicked off the argument by claiming he was a serious fan of Litecoin and Lee, but that Lee had done nothing to prove himself in the cryptocurrency industry as of late. Lee responded,....


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Charlie Lee: "Litecoin Does Not Need Development Right Now"

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....

Exclusive Interview with the Creator of Litecoin: Charlie Lee

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....

Coinbase’s GDAX Exchange Adds Litecoin, Price Spikes 10%

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Litecoin Creator Charlie Lee about When Bitcoin will Enter the Mainstream

There are few people, who determined the history of cryptocurrencies and can predict the evolution of the Blockchain and projects of next generation in Bitcoin space. Charlie Lee is one of them. He is a creator of Litecoin who’s being involved with cryptocurrencies since 2011. As such his knowledge in the field is extensive.. Born in the Ivory Coast and grown up in the US to parents from Shanghai Charlie was among the first Chinese people to go to Africa in the 1960s. After growing up in Africa, he went to the US for his studies, and after college, he found jobs working for Google. Charlie....

Charlie Lee Tips Litecoin Price To Reach $14 On SegWit Activation

Litecoin creator Charlie Lee believes that the price of the digital currency could reach $14 when SegWit is activated on the network. On Saturday, F2Pool mined Segregated Witness (SegWit) blocks for both Bitcoin and Litecoin. Charlie Lee tweeted that he sees a 72.34 percent chance of another pool signaling for SegWit in the next seven days. He equates the estimated prices to the level of signaling the network has received thus far: 20 percent => $4, 60 percent => $9, 100 percent => $14. There are indications the network will activate SegWit soon. It creates excitement - even in....