Litecoin Founder Charlie Lee Addresses Project Abandonment Allegations

Litecoin (LTC) founder Charlie Lee has addressed current undertaking abandonment allegations.

In a collection of tweets published on Aug. 10, Litecoin founder Charlie Lee addressed allegations that Litecoin didn’t have additional plans for the approaching yr:

“Lately there’s been lots of FUD about Litecoin having no code commits in 2019. Once you have a look at Litecoin GitHub, it will seem to be we did no work in 2019. There are literally 2 explanation why that is the case despite the fact that we’ve got been growing.”

The primary purpose Lee offered for the obvious lack of labor on Litecoin is that many of the updates utilized to Litecoin had been initially developed for Bitcoin (BTC) and as such, solely the unique growth dates seem. He defined:

“What this implies in observe is that though we did work on and launch the most recent Litecoin Core in Could of 2019, when you have a look at GitHub, many of the commits the place [sic] accomplished in 2018. So it will seem to be Litecoin builders took the yr off.”

The second purpose offered is that Litecoin builders don’t work on the grasp department of the undertaking on GitHub. This determination is supposed to make sure that constructing from sources obtained from this department don’t return damaged builds. Certainly, main Litecoin developer Adrian Gallagher has been actively engaged on the Litecoin Core launch zero.18.1 on a private department, in accordance with Lee. He additionally acknowledged:

“Within the eight years historical past of Litecoin, we have solely had a handful of core builders engaged on Litecoin Core.”

As Cointelegraph reported yesterday, main cryptocurrency alternate Binance claimed that a dusting assault occurred towards Litecoin. Per Binance’s put up:

“A dusting assault refers to a comparatively new form of malicious exercise the place hackers and scammers try to break the privateness of Bitcoin and cryptocurrency customers by sending tiny quantities of cash to their private wallets.”

At press time, Litecoin is up 5.41% on the day to commerce at $87.87, in accordance with information from Coin360.

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