There's zero detail about what's been done and where the money will go. Just comes across as "hey, we don't have much to share, we've kind of given up, please give us some money and maybe we can continue."
This is where we stand so far. These are the hurdles we need to overcome. This is what we think it will take to get there. Here is a realistic timeline. This is what we think it will cost.
He has a couple options he is thinking about. FYI
That being said, if litecoin is to be a decentralized currency charlie should not be leading any projects rn. Someone in the community needs to step up and lead it. The more Charlie's involved the longer it will take for litecoin to become more decentralized.
I think before complaining and highlighting a problem, each one should do their best in finding a solution first.
I know for a fact charlie has reached out to several people about this subject already.
btw Charlie, my LTC lightning node hasn't been able to connect to yours, are you no longer running it?
Litecoin was the first coin I fell in love with, Litecoin was what brought me into crypto, made me look into mining and from there on look into the tech behind it etc...
I'm talking to people on almost a daily basis about Litecoin and why I think they should hold some next to btc, speed and security of the network being the strongest points.
But next to my love for LTC I also need to live, pay for my daily stuff, make sure the kids have food in their tummy.
I know it's the market and their ain't that much we can do about it but seeing Litecoin full retrace each and every single fucking time against btc is really painful...
We should at least be capable to take 0.02 and stay there, this should be our new floor instead of dumping back to these 0.00 ranges.
People are getting scared to HODL litecoin because of these full retraces, making the adoption a lot harder to succeeed while speculators enjoy to se it fall each time so they can rinse/repeat, each cycle... pump and dump.
Pumps are the best marketing in a way when you think about it, it's when a coin gets pumping msm picks it up and brings it to the masses faster then any expensive campaign can
A big part of the reason btc got so big was due to the constant increase of price, sure it has big retraces but it keeps hanging higher and higher each cycle, thus making it less scary for people to hop on that train and stay at it.
I know this is a very unpopular opinion but it's the truth imo, most people give zero fucks about the tech behind it, they just wanna make money while they do they do help the coin with its adoption in a way
How do you want to achieve adoption when you cannot get people to hold your coin?
In devs so easily see people who want financial benifit as a bad thing while this is just a normal human thing, if there is no incentive to get hold of some, how on earth do you think the coin will survive for your long term goals.
It's very straight forward imo, nothing is free, if you want something done you need to have incentives
There is a tipping point where people start to spend parts of their profits
Straight answer, who are the devs actively working on LTC right now (if any) ?