In ’s eight-year history, it has evolved from an unknown to one of the top five traded around the world, driven by an ecosystem of developers, thinkers, and entrepreneurs excited by the possibility of creating a new global standard for payments.
A former Googler and ex-Director of Engineering at , Charlie Lee first developed as a side project in 2011 experimenting with ’s codebase. His main goal was to create and launch a that didn’t have a premine, paving the way for a digital currency that people could use like cash.
The way Lee saw it, would be “silver to ’s gold.” While was good for moving large amounts of money, it charged the same fee for a large transaction as it did for a small transaction. Lee intended for people to use to move smaller amounts of money for lower fees.
Lee built on the same codebase as , but with changes to make it faster and cheaper. With smaller block sizes, was able to process transactions in 2.5 minutes, compared to 10–30 minutes for . Transactions on cost pennies — not dollars.
While is notoriously slow to upgrade and improve the underlying protocol, is much faster to develop and implement new innovations. That’s led some to call a “testnet” for — for instance, implemented Segregated Witness into the protocol in May 2017, months ahead of . has experimented with and implemented cutting-edge technology well ahead of , from atomic swaps to side chains.
In this article, we curate the essential people, miners, wallets, and more to help you keep track of the ecosystem developing around .
📖 Table of Contents
👩💻 Follow the people who are building Litecoin, ensuring it’s on the bleeding edge of crypto experimentation. Learn more about the companies they’re building to support its growth and keep the currency relevant.🗞 We’ve provided a list of the best Litecoin-specific and general cryptocurrency outlets to keep track of everything from new innovations in Litecoin to daily price trends.⛏ If you’re looking to mine Litecoin, you’re going to want to be part of a pool. We’ve included information on the major mining pools that boast over 75% of the total hash rate share.👜 Whether you prefer online wallets, hardware wallets, or paper wallets, we’ve provided a list of the best places to keep your Litecoin secure.⛪ If you’re interested in Litecoin, connect with a vibrant group of like-minded developers, builders, and commentators that you can talk to. We’ve included links to some of the most vibrant Litecoin communities.👩💻 People
Founders/Directors
- is the creator of Litecoin and Managing Director of the a Singapore-based nonprofit that supports the Litecoin ecosystem. He launched Litecoin in 2011 as a way to improve on bitcoin and make a more usable cryptocurrency. He continues to remain engaged as a leader of the project.
- is the Founder and Director of the Litecoin Foundation. Based in Singapore, he developed the, which is the repository of the open-source code for the cryptocurrency. He’s also Founder and CEO of COINUT, a cryptocurrency exchange.
- is Founding Director of the Litecoin Foundation and COO of. He’s also COO of Zulu Republic, a blockchain company that has a suite of Litecoin products. An Englishman, he first connected with Lee on Reddit. Despite his low public profile, he works behind the scenes to keep Litecoin moving ahead on multiple fronts.
- is a Director of the Litecoin Foundation and an enthusiastic member of the Litecoin community. She’s Senior Vice President, Head of Asia for VNX Exchange, a platform for VC investment with an emphasis on cryptocurrencies.
Developers
- is Litecoin’s lead developer. An Australian, he works on the Litecoin core and has been instrumental in pushing forward with its most popular — and controversial — upgrades, such as the SegWit initiative. Thanks to his work on the Litecoin core client, he was hired full-time by the Litecoin Foundation.
- . is a lead developer on Litecoin and an active contributor to its growth. Loshan oversaw development of.
🗞 News
- is the official site of the Litecoin Foundation, where on developments, partnerships, and overall momentum can be found.
- is the official site of Litecoin and also keeps readers updated on Litecoin and updates from the team behind LTC.
- analyzes fintech and blockchain topics, along with breaking in the crypto sector. Litecoin is a regular topic in their stories.
- is a crypto-focused business service with a section devoted to Litecoin.
- is a publication on all aspects of blockchain technology, with significant coverage of Litecoin and market data.
- is a cryptocurrency site that provides price analysis, , and resources, including coverage of Litecoin.
⛏ Miners
- — Mines about 18% of the total hash rate and is China-based.
- — Based in China and mines about 14% of the total hash rate.
- — Lesser-known new pool based in China and likely a division of Bitmain; mines about 14% of the total hash rate.
- — started by a member of the Litecoin core team, mines about 14% of the total hash rate.
- — Based in China and a division of Bitmain; mines about 10% of the total hash rate.
- — Bit World is based in China and mines about 5% of the total hash rate.
👜 Wallets
🖥️ Software & Web Wallets
- provides an institutional and professional for LTC, as well as other leading cryptocurrencies. SFOX’s features multi-user functionality, 2FA/U2F support, and unified reporting.
- is a mobile for iOS and Android developed by the Litecoin Foundation.
- is a Litecoin software forked from the bitcoin electrum . Litecoin Electrum allows you to control and manage your private keys from your computer.
- is a with built-in ShapeShift integration, handling multiple cryptocurrencies.
- is a desktop that supports eight different currencies and sports an active user interface, built-in Shapeshift integration, and other features.
💽 Hardware Wallets
- Nano S is a with a USB with OLED display.
- is a USB .
⛪ Communities
- : A general discussion forum for all things Litecoin.
- : The biggest Litecoin chat group, with over 24,000 subscribers.
- : For general Litecoin discussion, head to the main Litecoin .
- A focused on trading Litecoin.
What did we miss?
Do you have any favorite resources that we missed? Let us know in the comments! One of the best ways to immerse yourself in the crypto ecosystem is sharing with the community at large.
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Published at Wed, 20 Feb 2019 14:07:34 +0000
