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On March 15, Bitcoin Unlimited suffered from an attack that led to a 6-hour downtime for miners and node operators. Miners lost over $200,000 in revenue and nodes crashed, bringing the node count of Bitcoin Unlimited down from 800 to roughly 300.
The attack on Bitcoin Unlimited has done nothing to affect the Bitcoin price, as concerns are raised of further vulnerabilities.
Charlie Lee, the Director of Engineering of Coinbase and creator of Litecoin, will not allow GDAX, the digital currency exchange arm of Coinbase, to support Bitcoin Unlimited code as is.
Coinbase CEO Brian Armstrong is the latest cryptocurrency industry figure to lend support to Segregated Witness, also known as SegWit, technology as Bitcoin’s future.
Analysis of Litecoin’s price since the launch of trades in 2012 till now. What prospects does Litecoin have in 2016?
Charlie Lee about Litecoin, other Altcoins, Bitcoin, and “next-gen” Blockchain related projects.
Following an unprecedented day of trading for Litecoin at a higher daily USD volume than bitcoin, suspicions of a ‘pump-and-dump’ scheme in China have arisen following a correction in price.
The 24-hour Litecoin trading volume is edging close to overtaking that of Bitcoin, as traders and developers investigate alternatives to BTC's backlog, while fears of a pump and dump rise.
On July 7, Charlie Lee, creator of Litecoin (LTC), wrote a post on Reddit to offer a fix for the current spam attack to the Bitcoin network.
There has been a great deal of talk online about the supposed “death” of Litecoin, mainly because of its steep price decline over the last few months.
When it comes to talking about altcoins, there is one cryptocurrency that simply cannot be ignored, as it is the “mother” of all altcoins. Litecoin was originally designed to be the complementary cryptocurrency to Bitcoin, but it has achieved much more than that.
The situation on the cryptocurrency market seemed to be rather stable during the past week. The main competitor, Bitcoin, has not suffered any severe attacks, and has avoided any major price fluctuations.
Litecoin users are bothered by global environmental problems and were able to raise 10000 dollars to provide solution to a vital problem of Madagascar.
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