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A mysterious Litecoin project and countdown was launched today on MIT's official website: This has lead to many speculations regarding the project.However, I like extreme thoughts, so I want to speculate about something else: could Coblee, aka Charlie Lee, the creator of Litecoin, be Satoshi Nakamoto himself?Lets take the following things into consideration: 1. was created in 2009.Litecoin was created in 2011: it was one of the first altcoins to be released.The period between Bitcoin's creation and Litecoin's creation is quite small.Especially because was not that well known yet, so even less people had knowledge about the technology behind it.When Charlie Lee (Coblee) created , it was just a prototype.He didn't think too much of it yet, and decided to remain anonymous.4. gained traction and it started being accepted as a payment method on the dark net.This is why Charlie Lee did not want to be associated with .However, he did see the potential in his creation, and really wanted credit for his masterpiece.

Charlie also realised his prototype had some flaws, so he decided to release a much better version: Litecoin.This time, he decided to take credit for his creation because he figured "Bitcoin has been used on the dark web for a while now, there is little chance Litecoin will replace it.It's therefore safe to be associated with this ."Charlie Lee was one of the first employees of Coinbase, the world's largest company.You don't get hired by a company like this simply because you created an altcoin similar to .Maybe Charlie told Coinbase he is Satoshi Nakamoto, but also signed an agreement to keep this a secret.Years have gone by since; the man behind Satoshi is still (officially) unknown.Litecoin has made some giant leaps over the past year.It has become the most advanced in the world.Not a single coin can compete with Litecoin; it is fast, it is secure, it has a long history, it never went through hard-forks, it doesn't have to deal with Bitcoin's political problems, it has several full-time developers, and it is tradable on all of the world's major exchanges (Coinbase, OkCoin, , etc.).

Charlie Lee leaves Coinbase, and just days later announces this mysterious Litecoin project?This might be a coincidence, but I am skeptical.-- I am 80% sure Charlie Lee is Satoshi Nakamoto.Litecoin has a lot going for it right now.The coin is extremely undervalued.I expect at least $200 per Litecoin by October.MIT - Litecoin & Speculation (self.litecoin)submitted by Litecoin HipsterHi All, (electo) here.Saw some discussions around what MIT was up to so I thought I would add some of the cool things MIT has been up to since I keep an eye on the github and digital currency initiative they have going on.
bitcoin keychainIn 2016 $900,000 was given to MIT to create a DCI fund for Bitcoin development & research.
litecoin errorThis has lead to their students and researchers to look into different ways of using the platform.
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Some of the projects listed on their github include: Lit: This is a lightening implementation from MIT (like others) -- this is probably the prime candidate for what will be released.There is active development and the code looks almost complete now.Here is a link: /mit-dci/lit Artistry: This is a project specifically to pay artists for work done utilizing bitcoin addresses (so litecoin will also work) and looks like it may rely on LN.
bitcoin aantalActive development going on and this looks like a game changer of an idea since they don't seem to rely on RSK for this.
ethereum price evolutionThey are relying on identity management (think keybase) and this looks very cool.
intel core i7 bitcoin miningLink to Code: /mit-dci/artistry Link to Paper: /mit-dci/artistry/commit/678902ff6638f311d670185ea889c316a896afda So yes, great good things coming.
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LTC may just be the new BTC.Faster, lighter, Less political & Second most second most secure network around (after btc).Thanks, π Rendered by PID 13706 on app-234 at 2017-06-24 11:40:33.241693+00:00 running 3522178 country code: SG.Litecoin is an open source, global payment network that is fully decentralized without any central authorities.Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.
bitcoin miner software download macWith substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
bitcoin to vccCommunity Find support across a growing number of Litecoin communities: Litecoin ForumsLitecoin Telegram Reddit Litecoin Search for Users on Twitter IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers).

Resources Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki.Up-to-date network statistics can be found at Litecoin Block Explorer Charts.Source code for Litecoin Core and related projects are available on GitHub.Open Source Software Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software.The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.Blockchain The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin.Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.