There are few people, who determined the history of cryptocurrencies and can predict the evolution of the Blockchain and projects of next generation in Bitcoin space. Charlie Lee is one of them. He is a creator of Litecoin who’s being involved with cryptocurrencies since 2011. As such his knowledge in the field is extensive..
Born in the Ivory Coast and grown up in the US to parents from Shanghai Charlie was among the first Chinese people to go to Africa in the 1960s. After growing up in Africa, he went to the US for his studies, and after college, he found jobs working for Google.
Charlie Lee is the creator of Litecoin, the most popular alternative currency to Bitcoin. He is currently Director of Engineering at Coinbase. Prior to joining Coinbase, he spent 6 years at Google working on YouTube Mobile, Chrome OS, and the Google Play Games platform. Charlie earned a Bachelors and Masters degree in electrical engineering and computer science from M.I.T. He has a brother Bobby Lee, also well-known in bitcoin space.
Litecoin, one of the first AltCoins to be released, in October 7, 2011, and it isn’t very different from Bitcoin and it’s in effect a fork of it.
We interviewed Charlie Lee about Litecoin, other Altcoins and “next-gen” Blockchain related projects.
CT: Why have you created Litecoin? What is it aimed to do in respect to Bitcoin?
Charlie Lee: I saw that there was a need for an alternative to Bitcoin. The altcoins released at that time all were flawed. I thought I could do better and it was a good way to learn the Bitcoin codebase. Lastly, it was just fun to create your own coin. Litecoin is very similar to Bitcoin with only few differences: 4x quicker confirmations, 4x more coins, scrypt mining algorithm, more […]
