Litecoin Founder Charlie Lee Addresses Undertaking Abandonment Allegations

Litecoin (LTC) founder Charlie Lee has addressed current challenge abandonment allegations.In a sequence of tweets printed on Aug. 10, Litecoin founder Charlie Lee addressed allegations that Litecoin didn’t have additional plans for the approaching yr:“Just lately there’s been a whole lot of FUD about Litecoin having no code commits in 2019. If you have a look at Litecoin GitHub, it will appear to be we did no work in 2019. There are literally 2 the explanation why that is the case regardless that we have now been growing.”The primary purpose Lee offered for the obvious lack of labor on Litecoin is that a lot of the updates utilized to Litecoin have been initially developed for Bitcoin (BTC) and as such, solely the unique improvement dates seem. He defined:“What this implies in apply is that though we did work on and launch the newest Litecoin Core in Might of 2019, if you happen to have a look at GitHub, a lot of the commits the place [sic] achieved in 2018. So it will appear 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 challenge on GitHub. This choice 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 said:“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 change Binance claimed that a dusting assault occurred towards Litecoin. Per Binance’s publish:“A dusting assault refers to a comparatively new sort 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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