Charlie Lee was born in Ivory Coast, West Africa, on April 13, 1975. When Lee was 13, he moved with his family to the United States, more specifically to New Jersey. Once there he graduated from high school at the Lawrenceville School in 1995. He then attended the MIT, where he earned his bachelor's and master's degrees in computer science and graduated in 2000.
Early career
From the beginning of his professional stage, Charlie Lee was interested in computing, working for large companies in the sector. After finishing his studies at MIT, Charlie Lee got a job at Kana Communications. In this company he worked as a Software Engineer, until mid-2007. Later that year, Google incorporated Charlie Lee to work on projects such as Google Guidewire Software, YouTube Mobile y Chrome OS.
It was in 2011 when Charlie Lee discovered Bitcoin. At this point, his interest turned to developing a form of investment that was less dependent on standard financial means. The potential of Bitcoin and blockchain They seduced C. Lee so he started experimenting with technology. Lee initially began such experiments with the mining is. of bitcoins. To do this, he contacted Mike Hearn. Hearn was a developer working on the core blockchain client software for Bitcoin. Working together with Hearn served as Charlie Lee's inspiration to develop his own digital currency.
The development of Litecoin, Charlie Lee's currency
The development of Charlie Lee's cryptocurrency was based in part on the work of a project called Fairbrix. Large portions of the source code were used. All this despite the fact that Fairbrix was not a success, due to a pre-mining problem and software bugs that left the coin susceptible to 51% attack. However, Lee was able to adopt the protocol of work test Fairbrix for further work with Litecoin. Just a few weeks after the failed Fairbrix launch, Lee also launched Litecoin, which was dubbed the silver of cryptocurrency by users. Litecoin It was modeled from the Bitcoin code, with various tweaks that Lee felt would improve on this. cryptocurrency. These adjustments included improvements in the hash, the transaction time of the blocks and the maximum total value of the supply of coins, among others.
Since the launch of Litecoin, Charlie Lee has worked on Coinbase, possibly the best-known American company in the cryptocurrency sector. In June 2017, C. Lee left Coinbase to spend more time associated with Litecoin development. Even if Litecoin It has been a huge success, in the spring of 2018 rumors began to circulate that Lee was planning to step down. The rumors were later confirmed by Lee. The reasons given for the measure, is to decentralize the development of Litecoin.
But since May 2018, Lee has provided no further information on his future plans regarding Litecoin or other digital currency projects. It also hasn't indicated when Litecoin users can expect it to completely break free of the digital currency it created. Meanwhile, the Litecoin project continues its active development course with a large community supporting and following it closely.
Among the latest advances announced by Charlie Lee, are the possible migration to the protocol MimbleWimble. This in order to improve Litecoin's privacy and fungibility.
Charlie Lee's Featured Speeches
Ok, sorry to ruin the party, but I have to control the emotion a bit…. Buying LTC is extremely risky. I hope we have a multi-year bear market like the one we just had, in which LTC lost 90% of its value (from $ 48 to $ 4). So if you can't stand LTC going down to $ 20, don't buy it!
Charlie Lee
I realize that a coin stinks when it falls 70% +. That's why I tweeted about being able to withstand a 90% drop and multi-year bear market if you invest in crypto. I made that tweet before selling it. Most people are not able to resist this as we see it clearly now.
Charlie Lee
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