Litecoin is the result of some of us who joined together on IRC in an effort to create a real alternative currency similar to Bitcoin. We wanted to make a coin that is silver to Bitcoin's gold. Various alternative currencies have come and gone. Some brought innovation, but they all had problems.
- ixcoin - Nasakioto premined 580k coins. Seemed like a pump and dump. Competed with Bitcoin for GPU resources - Dead (~2 gh/s)
- i0coin - Basically ixcoin without the premine. Not much support was given to this coin after it was released. - Dead (~5 gh/s)
Maybe you're wrong about those two though, Charles.
1. You won't find Charlie on this thread.
2. He's not wrong:
- They're both perfectly dead. No one is using them (transactions). No one is trading them. Dead...
- It looks like there was an attempt to revive ixcoin in 2018. It failed...
I'm here every now and then.
Litecoin needs to get some legit PR going on what is going on with development. I mean toot your own horn. Also, you need a lot more than Mimblewimble for
breaking some traditions with Bitcoin. You need some hooks beyond Mimblewimble, that makes LTC unique again. I fear the forks like BCH and BSV have
an in-built advantage to HODL in that large wallets (on paper anyway) just leave these ride without a cashout. Indeed with IRS guidelines coming, you'd be foolish
to touch these coins at all as a cash-out. My CPA says to leave them be. So even if folk want to dump, with 2014 Tax IRS guidelines and upcoming they just
sit on wallets adding to the mystique of fork coins. This complicates Litecoin getting a level playing field. So more PR on what you are actually doing long
term beyond Mimblewimble to stand out from Bitcoin. Sure, continue to do the Bitcoin Core updates...but you guys need to step it up big time. If the price
dump and mining dump has not told you this much, then I fear little hope of Litecoin getting back to Silver to Bitcoin's Gold. Again, IMHO.
Brad