Charlie Lee is the creator of Litecoin, a fork of Bitcoin. Previously, he was the third employee at Coinbase, where he was Director of Engineering, and before that, he was a software engineer at Google.
All coin and product reviews by expert Charlie Lee.
To be honest, BCH can compete well against LTC to be Bitcoin's silver. But their arrogance wouldn't let settle for second. Their current strategy is winner take all against Bitcoin, and they will lose because of these reasons:
Perpetual onchain scaling destroys decentralizationFull review
The fact that [hard forking to fund operations] was even considered at all is a HUGE concern IMO. Developers and creators have a lot of influence and they have to be careful.Full review
I was adamantly against the DAO hard fork for this moral hazard reason [of having previously hard forked to resolve a hack]. Ethereum is no longer unstoppable code as advertised on their website. How much in $/% is enough to do a [hard fork]? And who gets to decide? No longer uncensorable payments.Full review
50B XLMs burned were supposed to be distributed to the community. Stellar Development Foundation only burned 5B of their own 17B XLMs. This means SDF increased their percent of total coins from 16% (17/105) to 24% (12/50).
And they did this without any community discussionsFull review
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