Charlie Lee Steps Away From Litecoin

May 2, 2018

Charlie Lee, the founder of LTC, plans making the cryptocurrency the most decentralized one in the world and adds that for doing so he is likely to leave the office in the project.

Lee noted he considers BTC and LTC allies as the cryptocurrencies influence each other positively and are used for various purposes thus not entering the competition. Lee also believes Bitcoin’s decentralization level pretty high and LTC has to follow Bitcoin as far as this matter is concerned.

Charlie Lee is convinced that he as the so called cryptocurrency leader for Litecoin just prevents the coin’s higher decentralization so finally he plans to withdraw.

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