Litecoin founder Charlie Lee just dropped the hammer on Twitter, aiming to clear up fear, uncertainty and doubt about the price and future of LTC.
In an 11-part explainer, Lee touches on just about every aspect of the platform that’s been under scrutiny in recent months, including his own involvement with and passion for the seventh biggest cryptocurrency by market cap. He also mentions that LTC will soon be listed on crypto exchange Gemini.
According to Lee, there has been a “concerted effort” to keep the price of LTC down. And that’s just the beginning.
Processing nearly $200 million in transactions each day, Lee says the Litecoin network has worked flawlessly for seven years.
From security, to mining, payment processors, transaction volume, network fees, platform development and more, here’s a look at how Lee draws the line and why he believes Litecoin is one of the best altcoins with one of the most secure networks.
The Litecoin Beat