Charlie Lee podsumowuje 10 lat historii Litecoina. Część piąta: konflikt interesów

Autor: NewsBTC - 2 lata temu - Czas czytania: 5 minuty

Charlie Lee podsumowuje 10 lat historii Litecoina. Część piąta: konflikt interesów

To wspaniale, że założyciel postanowił przekazać nam jeszcze jeden rozdział historii Litecoina. Zwiążmy luźne końce i owińmy całą serię kokardką na górze. Jak się okazuje, Charlie Lee wrócił do swojej pracy w Coinbase. Czy tym razem firma bardziej wspierała? Poza tym, jak ostrzegaliśmy ostatnio, w pewnym momencie Lee sprzedał wszystkie swoje LTC. Jakie były jego powody, by to zrobić? Czy miał plan? A co ważniejsze, czy plan zadziałał? 

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Dowiedz się tego wszystkiego i więcej z ostatniego rozdziału tej legendarnej sagi.

Charlie Lee kontra Baza monet, runda druga

After successfully activating SegWit on Litecoin, Lee returned to his job at Coinbase. Ever the pioneer, this time around he worked from home. The year was 2016. Once again, “given how successful the Ethereum launch was,” Charlie Lee tried to get Litecoin listed on Coinbase. “Brian reluctantly agreed to launch on GDAX only.” The predecessor to Coinbase Pro, GDAX stands for Global Digital Asset Exchange.

The launch didn’t go as Lee hoped. Because there was no launch. “For reasons unknown to me, Brian & Fred refused to do a full launch on GDAX & Coinbase like we did with ETH.” Even though Charlie Lee helped design ETH’s launch, which was a moneymaker for the company. To make things worse, “Fred had refused to let Coinbase hold any LTC and due to conflict of interest.” Which, if you think about it, might be the reason Charlie Lee is looking for. Besides, a conflict of interest serves as a link to today’s main story.

Since the exchange had no Litecoin liquidity, Charlie “had to personally lend Coinbase my own LTC.” As the following chart shows, Litecoin was the #4 coin at the time. It “almost matched Etheruem’s and LTC wasn’t even on Coinbase.” Was this a personal attack or does the conflict of interest narrative rings true to you?

It would have been easy to launch on both GDAX and Coinbase. Actually, it would have been easier since we already have a successful launch plan to follow. Coinbase basically had to go out of the way to cripple the Litecoin launch and not even hold any LTC to pay for miner fees.

— Charlie Lee (@SatoshiLite) October 12, 2021

Więc Charlie zrezygnował. Firma poprosiła go, aby został przez chwilę, aby ułatwić przejście. Kilka miesięcy później, nie mając nic do stracenia, Lee wykonał swój ostatni strzał, aby spróbować umieścić Litecoina na głównej stronie Coinbase. Co zaskakujące, Brian Armstrong się zgodził. 

This was definitely not a staged tweet and reply. I actually didn't expect Brian to reply at all, but I was extremely glad to see him agree with me.

So right away, I gathered the team together at Coinbase to launch Litecoin. I didn't even talk to Brian after his Twitter reply.

— Charlie Lee (@SatoshiLite) October 12, 2021

Litecoin oficjalnie wystartował na Coinbase w maju. 9 czerwca Lee opuścił firmę na dobre.

Today's my last day at @coinbase! I will miss working with you all.

I'm going to shift my focus to Litecoin now. To the moon! 😁 pic.twitter.com/Ys9dZwtTFO

— Charlie Lee (@SatoshiLite) June 10, 2017

The move was extremely successful. Lee estimates that Litecoin made Coinbase over $100M through that first year. “Brain even emailed to apologize for what I had to go through. He agreed that adding Litecoin was super lucrative for Coinbase.” Even though that happened, in his Twitter thread Charlie went for the jugular. “I guess you can blame me for turning Coinbase into a sh*tcoin casino that it is today.” Savage!

LTC price chart for 10/15/2021 on Exmo | Source: LTC/USD on TradingView.com The Founder Sells All Of His Litecoin

The story you were waiting for. At the end of 2017, Charlie Lee sold all of his Litecoin. At the market top. In the thread, he doesn’t mention a conflict of interest, but that was the reason he wielded at the time. Nowadays, Lee says that because of the fair launch, he didn’t have that much LTC. He had to mine and buy his share, like everybody else. He also says that “Pretty much every other altcoin had a huge premine. Even Ethereum had like 70% coins premined.”

Według założyciela były to jego cele:

Usuń strach przed skrytką Satoshi

Spraw, aby Litecoin był bardziej zdecentralizowany

Dopasuj moją motywację/zachęty do przyjęcia Litecoina w porównaniu ze wzrostem cen LTC

At the time, the move was controversial, to say the least. People assumed the captain was abandoning the ship. At the market top. However, Charlie Lee has spent four years leading the project, focused on Litecoin adoption and “not on the price of LTC.” Since then, they launched LTCpay, “a self-hosted merchant processing service,” and credit card backed by Litecoin. And they hosted a “Global Litecoin Summit” in September 2018. 

Plus, they sponsored a UFC night and became “the Official Cryptocurrency of the Miami Dolphins.” for a while in 2019. By the end of 2020, PayPal announced Litecoin support. “PayPal did not reach out to me beforehand. Actual there’s no reason they needed to! Litecoin is a decentralized cryptocurrency after all. It was honestly very satisfying to see this happen.“

Related Reading | Charlie Lee Sums Up Litecoin ‘s 10 Years History. Part Three: SegWit Intro

Charlie Lee’s new project for Litecoin is fungibility. Read all about it in this thread. This new feature is almost done,”The code is being audited right now, and we are very close to releasing it. After release, it will take some time for it to be activated.” Lee expects this to happen in early 2022.

Autor zakończył swój epicki wątek tymi dwoma serdecznymi tweetami.

The blockchain for all intents and purposes is alive. I cannot shut it down and I know Litecoin will outlive me. These 10 years have been a wild ride. Here's to 10 more. 🥂

It's amazing what Satoshi Nakamoto has created. I am privileged to have played a tiny part in all of this. pic.twitter.com/1Zks4QzZbU

— Charlie Lee (@SatoshiLite) October 12, 2021

Gratulacje z okazji 10. rocznicy Litecoin!

Featured Image: Litecoin 10 years from this tweet | Charts by TradingView

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