Litecoin (LTC)

 55% - 5 reviews
What Is Litecoin? Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee, a former Google employee, in 2011    
Category: Coin/Token

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avatar somedude 22 rated:

somedude posted on August 26, 2020 13:03:38

I've been invested in this project for much longer than I would like to admit. Charlie dumping on everyones head at the very top was a very shitty thing to do. At first I thought it was honorable reasoning, but now I think it was malicious. The guy has done almost nothing to promote/build the project since. He basically exit scammed, now I'm just hoping the community does what they hope they

avatar mempooled 16 rated:

mempooled posted on December 19, 2019 04:20:05

The silver to Bitcoin's gold. Bitcoin and Litecoin started out being very similar coins with similar goals. At some point though it seems that Litecoin has become a testing ground for some of Bitcoin's tech.

The lack of commits in their Github is worrying but nobody pays attention to metrics like that. As for actual use case when I don't have the option to use Dash at the PoS, I prefer

avatar kurtwuckertjr 68 rated:

kurtwuckertjr posted on October 28, 2019 10:49:00

Charlie Lee recently admitted that nobody develops the project because nobody cares. The LTC foundation has been broke for months, and they all lied to everyone blatantly about Litepay.

Let’s not forget Charlie basically started the Bear market by creating a giant bearish engulfing candle with his massive sell order.

On top of that, Litecoin was a low hash, low transaction

avatar bullish 68 rated:

bullish posted on October 19, 2019 01:06:38

Used to like this project a lot more and used to be a big fan of Charlie Lee. Now I don't hate him for "dumping on us" as much as other ppl do, but it was bad for PR of course.

I just don't have much faith in Litecoin anymore after the slow moving development cycles, the lack of innovation, and the constant bad news/"FUD" pouring out about lack of interest and

avatar stellarowl12 224 rated:

stellarowl12 posted on August 21, 2019 04:06:44

So even though this project isn't the most actively developed nor does it have the strongest Value Proposition, Litecoin still has a very long and established track record since 2011.

Furthermore it's founder Charlie Lee and the Litecoin foundation are very public and transparent with the public which I like.

They serve mostly as a testnet for Bitcoin and hence

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