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Forum rules The more people that are involved, the more interesting this AMA series will be for everyone.Please help spread the word of this amazing AMA series on your own social media.(Hashtag: #BTCAMAWhen the AMAs are finished, all the answers will be compiled into a free E-book!coblee AMA Posts: 22 Joined: Tue Oct 20, 2015 10:03 am I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.First, some background...I graduated from MIT with a Bachelors and Masters in computer science.Worked at various companies including Microsoft, Guidewire, and Google.I discovered Bitcoin in April of 2011 from an article on Silk Road.I created Litecoin in October of 2011.I left Google in July 2013 to join Coinbase as the 3rd hire.I'm now leading the Coinbase exchange and payments engineering teams.What else do you want to know?Ask me anything!EDIT: I will respond in the morning Pacific time.Bossman Posts: 8 Joined: Tue Oct 27, 2015 12:09 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.
nyeko_12 Nickel Bitcoiner Posts: 45 Joined: Wed Sep 30, 2015 4:15 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.LISAM Nickel Bitcoiner Posts: 17 Joined: Fri Nov 06, 2015 8:40 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase./topic7039.html Edward AMA Posts: 37 Joined: Tue Oct 27, 2015 5:35 am Location: Australia Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Skype: Prime.MiroslavTelegram: @EdwardMiroslav ParkerLewis Posts: 5 Joined: Tue Nov 10, 2015 12:52 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Last edited by ParkerLewis on Tue Nov 10, 2015 3:38 pm, edited 4 times in total.Wilsonprrra Posts: 1 Joined: Tue Nov 10, 2015 1:17 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.
Hi CharlieWhat do you think about the future of Litecoin... like now and the next 1 or 2 years?Do you think that bitcoin & litecoin will be THE future of digital money?Or will it don't excist anymore...?if that is possible...?What price do you think litecoin will have for each litecoin in 2016...?ThankyouWilson.ParkerLewis Posts: 5 Joined: Tue Nov 10, 2015 12:52 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.schau Posts: 1 Joined: Tue Nov 10, 2015 3:33 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.young bitcoin millionaireMarshall AMA Posts: 22 Joined: Mon Nov 02, 2015 3:23 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.publicly traded bitcoin companies
BitcoinXio Global Moderator Posts: 107 Joined: Mon Sep 21, 2015 4:12 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Get started with Bitcoin today!Buy bitcoin with your credit card Choose a Bitcoin wallet to secure your bitcoin creationlayer Site Admin Posts: 132 Joined: Wed Oct 28, 2015 9:06 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Hi Charlie,I understand first and foremost your position is to keep the Coinbase machine running smoothly.asic bitcoin mining equipmentDo you find it's tough to make time to innovate and do experiments on new ways to use this technology?check bitcoin ledgerDo you have any opinion on Blockstream's proposed implementation in terms of performance or security improvements?bitcoin por boleto
I won't ask if coinbase is considering ParkerLewis Posts: 5 Joined: Tue Nov 10, 2015 12:52 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Last edited by ParkerLewis on Tue Nov 10, 2015 6:10 pm, edited 1 time in total.LiteCoinGuy Gold Bitcoiner Posts: 2505 Joined: Mon Sep 21, 2015 9:00 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.********************************************///r/Bitcoin/ losh11 Posts: 6 Joined: Tue Nov 10, 2015 6:22 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.hourly bitcoin reviewWhat's your opinion on the following technologies and which would you prefer if Litecoin were to suddenly have the same block size issue:BIP100BIP101BIP1**Lighting NetworkAre you in favour of a hardfork to change the version number of multi-sig addresses.cena za 1 bitcoin
(Are you aware that many people are sending LTC to BTC multi-sig addresses?)What services do you hope Litecoin should have in the next year?(so I mean do you think LTC ATM will be available, and other technologies?)Where would you like to see the LitecoinAssociation go in terms of supporting and branding Litecoin?What do you think they can do to improve?And of course, Litecoin at Coinbase?Last edited by losh11 on Tue Nov 10, 2015 7:25 pm, edited 1 time in total.bitcoin faucet list 2017coblee AMA Posts: 22 Joined: Tue Oct 20, 2015 10:03 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.bitcoin atm romania1) It will likely take many years for Litecoin to reach it's block limit.By then, a solution like Lightning Networks will likely be available to help Litecoin grow it's transaction throughput without sacrificing security and decentralization.
Bitcoin would have beta tested this for us.2) I meant that other than general upkeep, there is no need to add new features to the Litecoin protocol.In order for Litecoin to grow today, we need more usage of Litecoin including users, miners, traders, and merchants.3) I am being serious.But I didn't give myself a set timeframe as I know that this will take some time.4) Adding LTC on the exchange will help Coinbase grow.But it comes down to the question of where is the best place to for our limited resources to focus today to drive revenue growth.If Gemini adding Litecoin will likely not affect Coinbase's decision.5) Yeah, we can definitely do that.Having talk to most of the core devs, I think the majority of them are in favor of increasing the block size limit.The only question is how much and how fast.And they have not been able to come to a consensus on that.I think they are more in favor of BIP100 than BIP101, but still think that BIP100 is broken.I think the scaling bitcoin conference in HK will do a lot to help us reach consensus.
I will be there.I do not agree with Brian (Coinbase's CEO) w.r.t.I think BIP101 is way too aggressive and will hurt Bitcoin in the long run in terms of decreased security and decentralization.Brian wants Bitcoin's usage to grow, so he wants to push the decision to get something done about the block size limit.But I am definitely not in favor of implementing a solution before we reach some sort of consensus.I have trust in the core devs to reach a solution, and will haphazardly choose the nuclear option of forking the bitcoin protocol.I think theymos is absolutely wrong in censoring reddit.My AMA here is to make that point.Censorship is never good and always backfire.I don't know what he's thinking.There has been a ton of Litecoin threads on Bitcoin reddit that were not censored even though it's an altcoin.The same should apply to BitcoinXT.If bitcoiners on reddit want to discuss BitcoinXT because the discussion is applicable to everyone, they should be able to discuss it without it being censored.
Litecoin, of course!I also think Ether has good staying power.Vitalik is brilliant and is doing very innovative things with Ethereum.antoineph Posts: 1 Joined: Tue Nov 10, 2015 6:36 pm Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.I spend about 95/5 split between Bitcoin and Litecoin since I work full time on Bitcoin at Coinbase.Although Litecoin is my thing, I know that in order for Litecoin to succeed, Bitcoin must first become adopted by the mass.My passion is to help crypto-currency become the reserve currency of the world.Most Litecoin supporters are part of the larger Bitcoin community.I feel they are very similar... maybe a bit less trolling in the Litecoin community.The plan was not for Litecoin to overtake Bitcoin.And I don't see that happening except for an extremely rare scenario.I think Bitcoin/Litecoin is a good 1-2 crypto-currency punch against the world of fiat currencies.1) I plan to travel to HK/Taiwan/Shanghai next month.And I've asked Bobby Lee, my brother, to help me plan some stuff.
What do you have in mind that I could be doing when I'm there?2) Litecoin adoption is being pushed by the Litecoin Association and less by me.Though I tweet and give talks about it whenever I can.3) Yes, Warren is still the lead developer of Litecoin.4) Unfortunately, most people are motivated by greed.So they will participate if there's a potential reward.A higher Litecoin price will always encourage people to participate more.5) Litecoin is already playing the role of helping Bitcoin with transaction throughput./r/Bitcoin/commen ... _become_a/6) I think Ethereum has a ton of potential.The strength of Bitcoin/Litecoin is in transaction of currency and store of value.There's room for Ethereum to be much more than that.if that is possible...?What price do you think litecoin will have for each litecoin in 2016...?ThankyouWilson.1) Litecoin will grow quite a bit in the next 2 years.The future is bright!2) I really do believe the Bitcoin/Litecoin is THE future of money, and not just digital money.3) Between $1 and $100.
The plan has always to be for Litecoin to be used as money in everyday transactions alongside with Bitcoin.My plan is to first help Bitcoin/Litecoin reach the mass and I know Coinbase will play a big part in that.It was early 2013.Warren was very active with Litecoin development and was the best person to lead the project.DannyHamilton Posts: 2 Joined: Tue Nov 10, 2015 7:08 pm Location: Chicago Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Public Key: https://pgp.mit.edu/pks/lookup?op=get&s ... 0020CA5E05 coblee AMA Posts: 22 Joined: Tue Oct 20, 2015 10:03 am Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase.Google did not have any crypto-currency projects at that time.Switching to work at Coinbase meant less pay, less benefits, and an hour commute.But it was pretty much a no-brainer since I now get to work on crypto-currency full time!I have not regretted this decision one bit... one lite.I won't ask if coinbase is considering Yes, Coinbase has been spending most of our resources addressing the current use cases of Bitcoin: trading, storing, and spending.