Litecoin Attempts to Redeem Charlie Lee’s ‘Original Sin’ as LTC Markets Gain ...
Gradual warming to cryptocurrencies by financial companies combined with both retail investments and institutional interest has carved the way for litecoin’s renewed momentum in 2021. Litecoin is Riding the Bull Market to its Next Resistance Level Litecoin had a challenging start. In late 2017 its founder, Charlie Lee, allegedly sold his entire bag of LTC “to concentrate on the project’s development.” Lee, understandably, received a lot of criticism for his decision. The founder, that goes by the Twitter handle Satoshilite (a reference to bitcoin creator Satoshi....
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The creator of Litecoin, Charlie Lee, continues to guide us through memory lane. For part one, he took us through Litecoin’s fair launch. Considering the small number of projects that have managed to do that, it was a pretty big achievement. Today, for part two, we’re going to cover the project’s relation with cryptocurrency exchanges. Charlie Lee wears his heart on his sleeve for this one, and tells a heartfelt story that ends up in betrayal. Can you feel the excitement in the air? Related Reading | Charlie Lee Predicts Resurgence of Litecoin as Bitcoin Cash Falters This part of the....
The last time we checked with Litecoin, its creator Charlie Lee left Coinbase to focus on his own project. The mission at hand was implementing SegWit in the Litecoin blockchain, which is easier said than done. This story is as exciting as they come. It has twists and turns and it ends with a bang. Through the following tale, we’ll learn a lot about consensus. One of the most mysterious aspects of the cryptocurrency space is how decisions are made. Are you ready to learn through a practical example? Related Reading | Charlie Lee Sums Up Litecoin’s 10 Years History. Part One: Fair....
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....
Original Chinese article here. English article by Caixin. Caixin is a trusted Chinese financial news source. Ties to the 3/21/14 Sina.com FUD incident. In contrast to the 3/21/14 incident mentioned by OKCoin, this news was broken by Caixin not Sina. More importantly, the original article has not yet been rescinded. In the original rescinded Sina article that turned out not to be true, it was claimed that on 3/18/14 a document was released that would have banned Bitcoin transactions in China by 4/15/14. The PBOC took to Weibo to announce that: "Regarding the PBOC statement issued on 3/18....
Today is the day, Litecoin’s 10th anniversary. Congratulations to Charlie Lee and everyone involved in the project over the years. We are exploring Litecoin’s history through the eyes of its creator. We covered its fair launch, the long-hard road to exchanges adopting LTC, and we introduced the SegWit story. It’s time to finish it. The last time, we introduced Bitmain’s co-founder Jihan Wu. Reportedly, he was singlehandedly stopping SegWit adoption in the Bitcoin blockchain. Lee’s plan was to use Litecoin as a Testnet of sorts for SegWit. “I realized that here’s a chance for....