It's Official: Litecoin Hasn’t Been Abandoned by Its Developers

Libra Coin News
Mon, 08/12/2019 - 06:27
Alex Dovbnya
Litecoin boss Charlie Lee had some explaining to do after the digital silver got embroiled in a major controversy
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Litecoin founder Charlie Lee has recently broken his silence after the damning leak shed light on the lack of development within the Litecoin ecosystem. According to Lee, the project is still going strong despite all the FUD.

Litecoin (LTC) Acknowledged as Payment Token by IMF, Community Says It’s Unofficial

Bringing clarity to the table

Lee claims that there are two main reasons why Litecoin has no new GitHub commits in 2019.

First, Litecoin lags behind Bitcoin when it comes to new code updates. For instance, Litecoin Core 0.17.1 was released in May, but Bitcoin developers are credited for most of the commits that date back to 2018. Hence, it seems like Litecoin developers have been idle for a significant amount of time.

Secondly, he also points out that Adrian Gallagher, the leading Litecoin developer, has been working on his personal branch. Developers are not supposed to publish non-release code on the project’s master branch to avoid broken builds.

Litecoin Founder Charlie Lee Calls LTC ‘Great Store of Value’ Even Though He Got Rid of All His Coins

Taking the heat

Lee has been at loggerheads with the Litecoin community after selling his LTC holdings right on the verge of the crypto crash in 2018. Despite committing to continue working on the project, he still faces a lot of criticism, and the most recent controversy was yet another log on the fire.

On top of that, there seems to be a brewing beef between Bitcoin maximalists and Litecoiners.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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