Charlie Lee

Why Litecoin’s Creator Is Buying Into A Bank (And How It Could Go Wrong)

3 days ago admin2 0
One of the most unusual and potentially transformative deals in the cryptocurrency space started as an argument on social media. Back in April, Charlie Lee, the creator of litecoin, was exchanging barbs on Twitter with Derek Capo, the CEO of payment processor TokenPay. But their fight quickly turned into a friendly exchange of direct messages, Read More

Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee

3 weeks ago admin2 Comments Off on Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee
Advertisement Charlie Lee, the founder of Litecoin, went on CNBC’s Fast Money program on Wednesday to discuss the recent hacking of South Korea’s cryptocurrency exchange Bithumb, among other developments in the crypto sphere. Speaking via telephone, the founder of the world’s fifth-largest cryptocurrency by market cap pointed out that while it is normal for cryptocurrency investors Read More

Kentucky Fried Chicken Canada Launches “Bitcoin Bucket”

6 months ago admin2 Comments Off on Kentucky Fried Chicken Canada Launches “Bitcoin Bucket”
Featured Bitcoiners in the past few days have witnessed mainstream media spreading rumors about South Korea’s ban on cryptocurrency. This, as always, caused some panic selling. But hey, don’t be upset. Colonel Sanders is here to spread some fried chicken joy amid the crypto bloodbath. KFC Canada tweeted today they are accepting Bitcoin for the Read More

Charlie Lee Wants to Test a New Solution for Bitcoin Fee Estimation on Litecoin

6 months ago admin2 Comments Off on Charlie Lee Wants to Test a New Solution for Bitcoin Fee Estimation on Litecoin
Litecoin, which is an altcoin that has long been marketed as the “silver to bitcoin’s gold”, was not the most difficult thing for creator Charlie Lee to launch. He simply took the Bitcoin Core codebase, changed a few parameters (such as the block time and mining algorithm), and then posted the new creation on bitcointalk.org. Read More

Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat

6 months ago admin2 Comments Off on Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat
Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Litecoin price posted one of the biggest gains today, jumping from $236.76 at the start of the day to a high of $305.66 around noon Saturday (UTC), marking a 29% gain, before sliding back to $290.08 at the time of this report. Read More

Bitcoin Christmas Special: 2017 Was Wild Ride, Eventful 2018 Seems Likely

7 months ago admin2 Comments Off on Bitcoin Christmas Special: 2017 Was Wild Ride, Eventful 2018 Seems Likely
The festive season is in full swing and those who celebrate Christmas have enjoyed turkey dinners, presents under the tree and long Christmas specials on TV. But for many of us involved in the world of cryptocurrencies, this has been one Christmas Special we will never forget. November was an extraordinary month, as Bitcoinsmashed barrier Read More

The Motley Fool: Bitcoin’s Biggest Competition Is Litecoin

8 months ago admin2 Comments Off on The Motley Fool: Bitcoin’s Biggest Competition Is Litecoin
It appears when perusing CoinMarketCap that the biggest competition for Bitcoin would be number two – Ethereum. However, according to the Motley Fool, the biggest risk for Bitcoin may actually come from somewhat lower – Litecoin. Litecoin was created by Charlie Lee in 2011 and uses similar protocols as Bitcoin. According to the analysis, Bitcoin and Ethereum are really Read More

First BTC-LTC Lightning Network Swap Completed, Huge Potential

8 months ago admin2 Comments Off on First BTC-LTC Lightning Network Swap Completed, Huge Potential
The first ever off-chain atomic swap between Bitcoin and Litecoin has been successfully completed, according to news sources. The swap is particularly important because it was made off chain, meaning that ownership of the coins changed hands, but there was no transaction recorded on either Blockchain. According to Litecoin founder Charlie Lee: “Previous atomic swaps that Read More

Charlie Lee: Hard Work of Bitcoin Developers Directly Benefits Litecoin

8 months ago admin2 Comments Off on Charlie Lee: Hard Work of Bitcoin Developers Directly Benefits Litecoin
According to Charlie Lee, the creator of Litecoin and former executive at Coinbase, most innovative works done by Bitcoin developers and projects directly benefit Litecoin given the structural similarities between Bitcoin and Litecoin. Lee explained: “Every Bitcoin developer also works on Litecoin. Absolutely nothing they can do about that. If you don’t like that Litecoin Read More

Confidential Transactions Could Add Anonymity to Bitcoin and Litecoin

8 months ago admin2 Comments Off on Confidential Transactions Could Add Anonymity to Bitcoin and Litecoin
Privacy Privacy coins have rocketed this year, fueled by the increasing ease with which bitcoin transactions can be de-anonymized and traced to real world identities. Zcash, which was a $10 coin in January, peaked at $376 in June, while monero started the year at $12 before reaching $136 in August. Now, testing of Confidential Transactions Read More