Digital silver: Charlie Lee created Litecoin
Source:
In a recent interview the founder of Litecoin talk about the relationship between his project and . Earlier, Lee also was a hero with Roger Ver, where they discussed the problems of the hostility of the community of the two cryptocurrencies. This time Lee spoke about the idea of Litecoin and its main competitors.
How to create a Litecoin
It Turns out that in the first stages of development of Litecoin was created «purely for fun». Lee added that in the process of testing the code of Bitcoin, he felt a desire to create altcon, which would be much better than any other project in the industry of cryptocurrency.
The First thing on the agenda was the launch of the platform with the most fair distribution — Charlie didn't want to do PreMain.
I did not Have superiority over any other platform and I wanted to create something that would complement Bitcoin. That's where the title «silver» for Litecoin.
Charlie also spoke about what projects he believed the main competitors Lidoine and the essence of decentralization.
Decentralization is inefficient, but it creates a new form of money, which is resistant to censorship and any restrictions.
Cryptocurrency it is impossible to issue mindlessly, nor can they be faked. These properties made them very valuable and promising form of money. In human history unlike any other Bitcoin.
Among the other altcoins are not so many interesting projects. At least If allocates only Monero and Bitcoin Cash. However, the main problem of the last — too high a degree of centralization.
We talked with of about the relationship between and , the future of , and his role as a public figure in the industry:
— SFOX (@SFox)
He [Bitcoin Cash] will go to big corporations and miners. Cryptocurrency revolves around the major players, so I'm not really interested.
The most interesting interview with Charlie you put together . The discussion starts in .
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