Charlie Lee, the creator of litecoin, met fans in Shanghai and Shenzhen on December 3rd and 4th.The meetups were held as part of Lee’s visit to BTCC from November 30th to December 4th, and took place ahead of the Scaling Bitcoin Phase II conference in Hong Kong that Lee and BTCC’s leadership team attended from December 5th to 7th.The Shanghai meetup, which took place at a café near Shanghai Stadium on December 3rd, attracted fans from Australia, the US, and different parts of China.The event began with fans posing for pictures with Lee and getting autographed T-shirts from him, and continued with informal conversations between Lee and the fans over pasta al pomodoro and eel sushi burgers as the evening progressed.Later, Lee held a question-and-answer session.Lee said he learned about bitcoin from reading an article about Silk Road, an online black market.After finding out more about bitcoin, he created litecoin in 2011 because he wanted it to be a “light” version of bitcoin — cheaper, easier to mine, and faster at processing transactions.

He also said he created litecoin as a means of fostering innovation among cryptocurrencies by providing a viable alternative to bitcoin — “the silver to bitcoin’s gold.” Lee said that when he created litecoin, there were many cryptocurrencies, but many of their creators sought to get rich by first mining a large amount of the currencies and only then releasing them to the public.All of these currencies failed.To create a cryptocurrency in a way that was fair to all miners, Lee released a litecoin client and mining guide a week before he launched litecoin.The first prize winner of the litecoin trading contest that BTCC held ahead of Lee’s arrival in Shanghai — a college sophomore surnamed Ji — attended the meetup.Ji started trading litecoin and bitcoin in his last year of high school.By coming in first in the trading contest, Ji won 100 litecoins and a two-day all-expenses paid trip from his hometown of Changchun to Shanghai, which is 899 miles away.He expressed excitement at being able to meet Lee, whom he called his role model.

BTCC’s chief executive officer Bobby Lee with his brother litecoin creator Charlie Lee at a BTCC-organized meetup with fans in Shanghai.Litecoin creator Charlie Lee tellig fans about reasons and backgrounds when he created litcoin.bitcoin will reach 100 000Litecoin creator Charlie Lee answering questions posed to him by fans at a BTCC-organized meetup in Shanghai.bitcoin ransom paidLitecoin creator Charlie Lee greeting fans at a BTCC-organized meetup in Shanghai.lucky circle bitcoinLitecoin creator Charlie Lee autographing a T-shirt for a fan at a BTCC-organized meetup in Shanghai.bitcoin transaction senderLitecoin creator Charlie Lee with fans at a BTCC-organized meetup in Shanghai.bitcoin borrowing

After meeting fans in Shanghai, Lee caught a flight to south China that evening for another meetup with fans, which took place the next day at a popular restaurant in downtown Shenzhen.At the Shenzhen meetup, Lee shared his thoughts on bitcoin with the audience, saying that in order for litecoin to succeed, bitcoin must first be widely adopted.bitcoin difficulty indexHe also said that litecoin is behind bitcoin in adoption by two years, and that litecoin will follow on the coattails of bitcoin’s success, gaining wider use as a means of exchange and becoming less used as a tool for speculation.litecoin mining pool 0 feeShenzhen fans also asked Lee questions about contributing to the development of litecoin and bitcoin.best bitcoin otcIn response to a question about meeting bitcoin’s creator, Lee said that he has never been in contact with Satoshi Nakamoto.bitcoin iq option

Other questions centered on whether Lee is involved in any side chain projects.He said many side chain projects have potential, but that he is not involved in any at the moment.On the issue of scaling bitcoin, Lee said that he is conservative and favors a gradual increase in blocksize.In Shenzhen, as in Shanghai, Lee expressed delight at meeting large numbers of people who share his passion for cryptocurrency, and said he was humbled that they came out to see him.Litecoin creator Charlie Lee taking questions from fans at a BTCC-organized meetup in Shenzhen.Litecoin creator Charlie Lee with a group of fans holding physical litecoins they received from him at a BTCC-organized meetup in Shenzhen.Litecoin creator Charlie Lee with a fan at a BTCC-organized meetup in Shenzhen.Litecoin creator Charlie Lee with fans at a BTCC-organized meetup in Shenzhen.The One Foundation (Chinese: 壹基金), formally known as the Shenzhen One Foundation Charity Fund (Chinese: 深圳壹基金公益基金会), is a Chinese non-governmental organization which focuses on disaster relief, children's welfare, training of public welfare professionals, and funding grassroots charities.

It was registered in 2010 as the first private charitable fundraising organization in China.Its headquarters is in Shenzhen, with offices in Beijing and Shanghai.The foundation's motto is "Charity by All, Doing What I Can" (Chinese: 尽我所能，人人公益).As of April 2013, the board of directors consisted of 11 members, in alphabetical order: Feng Lun (Chinese: 冯仑), Jet Li (Chinese: 李连杰), Liu Chuanzhi (Chinese: 柳传志), Pony Ma (Chinese: 马化腾), Ma Weihua (Chinese: 马蔚华), Jack Ma (Chinese: 马云), Niu Gensheng (Chinese: 牛根生), Wang Shi (Chinese: 王石), Yang Peng (Chinese: 杨鹏), Zhou Qiren (Chinese: 周其仁) and Zhou Weiyan (Chinese: 周惟彦).[1]Contents 1 2 3 4 5 The One Foundation was founded by Chinese Red Cross ambassador Jet Li on April 19, 2007 as the Red Cross Society of China Jet Li One Foundation Project (Chinese: 中国红十字会李连杰壹基金计划) which operated under the Red Cross Society of China.

Li stopped his film work throughout 2008 to devote all of his time to developing the foundation.In a Newsweek article, Li cited his personal experience with the 2004 Indian Ocean earthquake and tsunami as a source of inspiration for starting the foundation.At the time, Li, his wife, and two of youngest daughters were vacationing in the Maldives when the tsunami struck.His youngest 1-year old daughter and her nanny were briefly swept away before being rescued by bystanders.[4]In October 2010, the One Foundation registered in Shanghai as a private equity fund under the name Shanghai Jet Li One Foundation Charity Fund (Chinese: 上海李连杰壹基金公益基金会).Through pilot regulations on public fundraising enacted in the Shenzhen special economic zone, the One Foundation was able to register as an independent public fundraising foundation on December 3, 2010, thus ending its affiliation with the government-run Chinese Red Cross and becoming the first Chinese NGO not affiliated with the government or a government-sponsored organization.

Commentators regarded this development as a "breakthrough" in the development of Chinese NGOs.[5]Institutional funding for the Shenzhen-based organization came from the Shanghai Jet Li One Foundation Charity Fund, Lao Niu Foundation (Chinese: 老牛基金会), Tencent Charitable Foundation (Chinese: 腾讯公益慈善基金会), Vantone Foundation (Chinese: 万通公益基金会) and Vanke Foundation (Chinese: 万科公益基金会).Each founding organization donated 10 million RMB for a total of 50 million RMB start-up capital.Before its establishment in Shenzhen as an independent foundation, the One Foundation was an affiliate of the Chinese Red Cross, with its funds managed by the latter.Li cited the lack of independence as a motivating factor for the One Foundation to end its cooperation with the Chinese Red Cross in 2010.[5]Following the Chinese Red Cross' Guo Meimei scandal in 2011,[6] the One Foundation tried to distance itself from its former connection with the organization.After the 2013 Lushan earthquake, web users in China discovered that the English section of the One Foundation website still claimed there was a direct link to the Red Cross, and that donations to One Foundation would be "deposited directly into an account held by the Red Cross Society of China, earmarked for use by the One Foundation."

One Foundation promptly took down the English site and issued a statement that the information was outdated, representing the situation before December 3, 2010, and that only information on the site in Chinese should be considered correct.[7]Volunteers for the foundation pledge themselves to donating a set amount each year and/or committing one hour of their time each month to the community through their line of work or other form of volunteer work.Volunteers are classified into four groups: Academic, Individual, Student, and Organizational.Notable volunteers include Yao Ming, Andy Lau, Michelle Yeoh, Kang Xiaoguang, Jack Ma, Xu Yongguang, Zhuang Ailing, Li Bingbing, and students of Beijing Normal University.The One Foundation promotes donations under the slogan "1 person + 1 dollar + 1 month = 1 big family," with the goal of pooling together individual donations to encourage participation in philanthropy and charity, particularly in China and Asia.To fund relief efforts after the Lushan earthquake in April 2013, the One Foundation became the first Chinese foundation to accept donations in the virtual currency, Bitcoin, and received an amount of $30,000 USD within a few days.[8][9]