a photo of crypto expert reviewer Charlie Lee

Charlie Lee

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.

Reviews by Charlie Lee

All coin and product reviews by expert Charlie Lee.

  • Charlie Lee on Decred Creator of Litecoin

    One of the few coins I'm excited about, with an innovative solution to decentralized governance. Decred is basically Dash done right. 😂 Consensus is more decentralized than Dash and is enforced.

    Full review 🔑


  • Charlie Lee on Cardano Creator of Litecoin

    How did [Cardano] become a $10B coin when it's only 3 months old and the only major exchanges trading it is Bittrex and Binance and without even any fiat trading pairs?

    Either the market is crazy or Cardano will end world hunger.

    Full review 💩


  • Charlie Lee on Nano Creator of Litecoin

    I took a look at Nano currency recently. Pretty neat. Every account has its own blockchain. It focuses on fast and free transactions for payments. Uses PoS for double-spend protection and PoW to fight spam. The challenge is to keep it decentralized.

    Full review 🔑


  • Charlie Lee on Bitcoin Cash Creator of Litecoin

    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 decentralization

    Full review 💩


  • Charlie Lee on Verge Creator of Litecoin

    Verge mining is being exploited again. Someone has 51% attacked and taken over the Verge network again. Pornhub transactions are being reversed! 😂

    Full review 💩


  • Charlie Lee on Dash Creator of Litecoin

    Yeah, because Dash is trash. 😀

    Full review 💩


  • Charlie Lee on Monero Creator of Litecoin

    All private transactions. More tested privacy tech [than Zcash]. No tax on miners to pay investors. No high inflation . . . better investment.

    Full review 🔑


  • Charlie Lee on Bancor Creator of Litecoin

    A Bancor wallet got hacked and that wallet has the ability to steal coins out of their own smart contracts. 🤦‍♂️

    An exchange is not decentralized if it can lose customer funds OR if it can freeze customer funds. Bancor can do BOTH. It's a false sense of decentralization.

    Full review 💩


  • Charlie Lee on Ethereum Classic Creator of Litecoin

    Be careful with coins that are not dominant in their respective mining algorithm, especially ones that are NiceHash-able. ETC has less than 5% of the total Ethash hash rate and is 98% NiceHash-able. 1-hr attack costs $5k. Almost $500k has been double spent.

    Full review 💩


  • Charlie Lee on Siacoin Creator of Litecoin

    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 💩


  • Charlie Lee on Bitcoin Gold Creator of Litecoin

    Bitcoin Gold got 51% attacked. Miners have no issue with attacking BTG because if it dies, they could easily switch to mine another coin that also uses Equihash POW.

    Full review 💩


  • Charlie Lee on Ethereum Creator of Litecoin

    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 💩
    Show thread Charlie Lee on Ethereum


  • Charlie Lee on Stellar Creator of Litecoin

    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 discussions

    Full review 💩
    Show thread Charlie Lee on Stellar


  • Charlie Lee on XRP Creator of Litecoin

    Ripple Labs was founded in 2012. Lol, people still can't buy coffee with XRP. 🤦‍♂️

    Full review 💩


  • Charlie Lee on Bitcoin Creator of Litecoin

    Bitcoin, Ethereum, and Litecoin are the bellwether cryptos. They are the only coins that are traded on every major crypto exchanges and can be stored on every hardware wallet.

    Easily buying and securely storing other coins is really a PITA.

    Full review 🔑


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