Litecoin Has Zero Active Development!!

[Odebowa]

Recently there's been a lot of FUD about Litecoin having no code commits in 2019. When you look at Litecoin GitHub, it would seem like their is no improvement. There are actually 2 reasons
The first reason Lee provided for the apparent lack of work on Litecoin is that most of the updates applied to Litecoin were originally developed for Bitcoin (BTC) and as such, only the original development dates appear.
the second reason provided is that Litecoin developers do not work on the master branch of the project on GitHub. This decision is meant to ensure that building from sources obtained from this branch do not return broken builds. Indeed, leading Litecoin developer Adrian Gallagher has been actively working on the Litecoin Core release 0.18.1 on a personal branch

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[iDisturbia]

Kind of interesting read.

https://captainaltcoin.com/litecoin-ltc-price-prediction/

[Febo]

Litecoin Has Zero Active Development

Litecoin has as much development as Bitcoin have. It very closely upgrade everything what Bitcoin develops from 2012. That is what is path of Litecoin, to be a light copy of Bitcoin.

[asriloni]

It was dead to me the moment Charlie sold his coins. This was also the last time LTC was really worth big bucks and was looking strong.

It's still an oscilator coin that pumps and dumps with Bitcoin but its pumps are getting much weaker and in time it's going to barely react to pumps and go flat as people lose interest.

That is not a strong point to say if Charlie might be a reason for the litecoin is stop its development progress. The problem is if this is a non profit based company and do you know that? anything developed in the litecoin will not bring profit to the litecoin to do a further development like what already done by binance as a profit company.
That makes the litecoin platform has limited resources to do further development progress. that's why Charlie lie is also asking for the fees from the miners of litecoin.

[bgaf]

It was dead to me the moment Charlie sold his coins. This was also the last time LTC was really worth big bucks and was looking strong.

Not true, this is an open source project. I dont think a project can easily gone even they have investors. No active developer on the scene, but someone can make this improve more. I dont see the difference with it from bitcoin. Developers or the creators are not active but they are the top coins on the market. What does it prove then? Decentralized can evolve even without these people watching close by.

Ethereum is on a different level and has so many active staff ob their disposal. I cant compare much because this is a battle of active projects and pioneer coins. Look out also on dogecoin, these are first coins since blockchain has begun and it will stay at the top due to their positioned ever set.

[iDisturbia]

Ethereum is on a different level and has so many active staff ob their disposal. I cant compare much because this is a battle of active projects and pioneer coins. Look out also on dogecoin, these are first coins since blockchain has begun and it will stay at the top due to their positioned ever set.

Not just ETH, but many others are on a different level with super active staffs at their disposal - and that’s exactly the reason many people are scratching their head to figure out what has gone wrong with LTC - or, why they have stopped / slowed down.

In another word, why there is no or so little number of developers around LTC.

Personally, as a software developer (non-crypto!!), if I like a company, their environment, purpose etc, then I enjoy learning and getting my hands dirty with their language - and also encourage others to join too. Otherwise, nope!!

I believe same can be said about LTC and inactive development. Developers just can’t find a reason to love / support it.

[miningguru]

It was dead to me the moment Charlie sold his coins. This was also the last time LTC was really worth big bucks and was looking strong.

It's still an oscilator coin that pumps and dumps with Bitcoin but its pumps are getting much weaker and in time it's going to barely react to pumps and go flat as people lose interest.

Right, Charlie used to be very active and just like Vitalik at Eth, Charlie was the polarising figure in LTC sphere. However, when he left and abandoned it, no one from LTC really took over and have the charisma to lead LTC to 2.0. But make no mistakes about it, LTC will remain in the crypto sphere and it won't simply die, however it will be just used by some groups to be a p&d coins.

Agree, Charlie mentioned Litecoin as a lite version of Bitcoin, but once he left who is actually leading the Litecoin because someone should come forward and start developing the litecoin to the next level. Of course, I do agree it won't die, but things like this will make this coin to die after some years because now cryptocurrency becomes a huge development activity for other coins.

[bitgolden]

Thoughts?

https://dashnews.org/leaked-developer-messages-litecoin-has-zero-active-development-as-dusting-attack-hits/

Litecoin is not really something that is getting all that much attention anyway, it doesn't need any developments neither, it is just litecoin and that's it, nothing more.

There are some coins who have been very strong for years and that is enough for them, they do not have to do anything to stay high, sure litecoin was once second coin behind bitcoin and it dropped but even with being just litecoin it still stays at high positions. That is really valuable in the crypto world, anything before 2016 and the ICO period has been considered quite good and have been the "old soul" of crypto world so even without any development at all they have a community that backs them up.

Do I support that idea? No. However I can't deny that it is happening right now and has been for a while.

[iDisturbia]

Thoughts?

https://dashnews.org/leaked-developer-messages-litecoin-has-zero-active-development-as-dusting-attack-hits/

Litecoin is not really something that is getting all that much attention anyway, it doesn't need any developments neither, it is just litecoin and that's it, nothing more.

There are some coins who have been very strong for years and that is enough for them, they do not have to do anything to stay high, sure litecoin was once second coin behind bitcoin and it dropped but even with being just litecoin it still stays at high positions. That is really valuable in the crypto world, anything before 2016 and the ICO period has been considered quite good and have been the "old soul" of crypto world so even without any development at all they have a community that backs them up.

Do I support that idea? No. However I can't deny that it is happening right now and has been for a while.

Valuable response. Thank you.

[litepool.ru]

I have lost interest in Litecoin since it halving in 2019. I invested a lot and waited for the price to increase after halving but it all let me down. The price quickly dropped and caused me and a lot of other people to lose money investing and it

[monineklutak]

I tried to visit Github Litecoin, and I see their development is not very significant at the moment, only a few parts of the website were updated yesterday, and a few days ago they also updated parts of the system, maybe Litecoin will develop something

[tycsols]

I think litecoin is already a fully developed product but i am sure developers will be working on its improvement and upgrades in the background, also i think the latest development is lightening network that will be the scalability solution for ltc and btc and by using it we will get fast and cheap transactions that is the need of the hour.

[MikeyVeez]

In the bear market you recognize which projects are worthy and which are not. Simply, those who stop working on the project with first dump, they have nothing to do here. We need to create stable ecosystem with few good coins that will attract investors again.  

[suryapro]

from this article clearly explains if a solid team will determine the progress of the project. and we all know that Litecoin is a long-standing project. and actually there is no longer any reason for this project to run out of ideas halfway through

[iDisturbia]

I think litecoin is already a fully developed product but i am sure developers will be working on its improvement and upgrades in the background, also i think the latest development is lightening network that will be the scalability solution for ltc and btc and by using it we will get fast and cheap transactions that is the need of the hour.

I was doing some research about many exchanges and your comment reminded of them.

Poloniex was born years before many others and thought they were fully developed and no change / improvement is needed and look where they are today.

As for working behind closed doors ... are we talking about Apple? Usually, Crypto developers  announce / brag about their short / long term plan well in advance so people like me remain excited!

Ethereum 2.0 started their noise years ago!

But ... just realized I wasted your time! My response should’ve been: Source, please?  

[SolarWindMiningCompany]

Litecoin is majorly a coin to facilitate payments over the blockchain. It may not be popular as bitcoin or ethereum but we can be sure of its technology might make it a better currency for spending. The Litecoin transaction time is also four times faster than Bitcoin's and while there's no regular development on the coin, I haven't really seen a major drawback yet

[Synaesthesia]

I tried to visit Github Litecoin, and I see their development is not very significant at the moment, only a few parts of the website were updated yesterday, and a few days ago they also updated parts of the system, maybe Litecoin will develop something

It is unclear and there is no specific information about their current plan so I will continue to sit and watch instead of choosing to invest. Litecoin is now like a junk coin and depends a lot on the Bitcoin price. Also this year there wasn't any news that made the coin go up and the CEO left this project leaving me no reason to invest.

[iDisturbia]

Litecoin (LTC) is one of the first altcoins, created in 2011 by Charlie Lee. It is quickly listed on a few market places and its price quickly reaches 30 cents of dollar (USD).

The price of Litecoin evolves from 2011 to 2013 between a few tens of centimes and 3 dollars.

But from November 2013 the price of litecoin will experience its first bull market in a few days. The price is multiplied by more than 10 to reach about 50 dollars.

But with the bear market of 2014 and the scandal of the Mt. Gox exchange, the price of Litecoin suffers and falls back to around 1 dollar in January 2015.
After a small rise in the spring of 2015, Litecoin enters a two year consolidation period and its price stabilizes around $3.

From the end of March 2017 Litecoin starts its second bull market. It rises from $3 at the end of March 2017 to $50 in July 2017 and reaches $80 in September 2017.

In November and December 2017, Litecoin takes advantage of the cryptocurrencies bubble and the price literally soars. The absolute record is set at around 371 dollars on 19 December 2017, i.e. a 500% increase in 2 months!

In 2018, Litecoin suffers a new crash like the whole cryptocurrencies market and its price will fall back to a low of around 25 dollars on December 15, 2018.

In 2019, Litecoin started in a bull market and its price climbed to $145 in June 2019. It then fell back to $50 in the second half of 2019.
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Please read above one more time - but this time slower so you fully understand how it was born and survived!

Today, there are very small number of people who have invested on farms with hundreds, if not thousands, of ASICs and own huge number of LTC!

To them, it’s not labour of love! It’s just a game and they must play their cards 110% in order to get good return for their time and investment - until it’s all gone!!

[meanwords]

It's no surprise as the founder David Lee left the project selling all of his litecoin. When the founder rejects the project as useless, what more can you expect from the volunteer developers. Litecoin was a lighter alternative to the than bitcoin but there are plenty of coins that could carry on it's work with some extra perks. Litecoin is absolute at the moment.

Well, I don’t really care about this moment. Litecoin will continue to occupy the same highest position as BTC, even though no further development takes place, but people still use it because they trust it.the situation is different with the release of new coins.
so litecoin will be fine even for a long time.

This is what I've thought too. Why are people concern about the technical development of Litecoin when it is already working as intended? The project developer already sold all his Litecoin. I don't know whether he really abandoned Litecoin or he is just copying Bitcoin where there's no central power. The community is still great. I don't think people will just leave Litecoin just because of this.

[iDisturbia]

Why are people concern about the technical development of Litecoin when it is already working as intended?

Tell that to Mr. Lee himself!! 

https://www.trustnodes.com/2019/08/11/no-one-is-interested-in-working-on-litecoin-says-charlie-lee