Over these days, the breaking news in the cryptocurrency circle is that Charlie Lee, the creator of the world’s fifth-biggest cryptocurrency, Litecoin, unexpectedly "sold and donated" all of his litecoin on Wednesday this week. "Litecoin has been very good for me financially, so I am well of...
The first ever Lightning cross-chain swap from Bitcoin to Litecoin has been announced. Though still in a testing phase, the Lightning Labs team say they successfully swapped testnet Bitcoin for testnet Litecoin via a lightning channel to confirm the experiment. It resulted in the owner...
The cryptocurrency known to be the silver to Bitcoin’s gold reached two milestones this week: its asset’s price hit $60 and market cap rises above $3 billion. Unlike several other alternative currencies whose prices swing sometimes arbitrarily in reaction to a new development, what’s been ...
It seems contradictory to an extent that Jihan Wu, one of the main pioneers of the Bitcoin Cash (BCH) agenda as a solution to the scalability issue, would come out openly to make a bold statement about BCH not being Bitcoin (BTC). [caption id="attachment_9706" align="aligncenter" w...
Recent discussions about the SegWit activation and the Lightning Network implementation it would bring to the Bitcoin network has sparked a round of debate on whether it would reduce Litecoin’s relevance and value in the market. This has been compounded by the fact that recently, also, ther...
Update: Charlie Lee talks about Litecoin on CNBC and he doesn't see Bitcoin Cash as a threat. The price of Litecoin has been gaining momentum over the past few months with the activation of Segwit, or as some say, “survived bloodbath”. As Bitcoin is in a crucial stage and Ethere...
It’s been three weeks since Charlie Lee left Coinbase to focus on the Litecoin development. And the low key software engineer has been tweeting welcome news about Litecoin from its being listed on Coinbase and Bitstamp to its adding new technical features. (Note: Charlie didn't menti...
Litecoin, the little brother of bitcoin, is shining brightly after five years of stagnancy. The price of per LTC has surged from $29.4 on June 16 to a new high of $56.4 on Okcoin this Monday. Charlie Lee, creator of litecoin, says that many factors are behind the spike, including his re...
Note: On May 23, a number of leading players of the bitcoin community reached a consensus to enable the SegWit proposal for Bitcoin and a countdown to a 2 MB hard fork within six months. However, the scaling solution is opposed by some bitcoin core developers. Will the long-dragging deba...
Segwit, an upgrade originally developed for Bitcoin, is activated on Litecoin on May 10. Prior to this, Litecoin’s scaling debate had been dragging on for weeks and it was unclear whether segwit would be activated in the end. What happened? What made Chinese miners change their mind? You ...
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