A brief look at on-chain metrics of the largest L1s

By looking at the largest crypto assets by market cap, it’s apparent that most of the projects that are worth the most are still Layer-1 blockchains. This is despite the fact that the vast majority of these blockchains have very little on-chain activity.  While it’s hard to distinguish between the real economic activity and inflated […]
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Dec 7, 2020, 11:32AM UTC

Litecoin Foundation 2Q19 update: Reserves increase as Litecoin's price appreciation more than offsets operating loss

The Litecoin Foundation recently released its unaudited financial statements for 2Q19. As noted previously by The Block, the foundation had received a sizable $468,000 donation from Litecoin founder, Charlie Lee, back in late 2017, but the organization has since been eating through its reserves to pay its operating expenses. In 2Q19, the organization showed signs […]
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Oct 17, 2019, 10:42PM UTC

Litecoin Foundation's reserves dip as incoming donations stagnate

Despite the Litecoin Foundation’s frugal spending habits, the non-profit organization dedicated to building and promoting Litecoin has been eating through its reserves obtained mostly through a substantial contribution from Charlie Lee. The company relies mostly on the efforts of volunteers to function. However, revenues generated through donations and merchandise sales have been stagnant and haven’t […]
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Aug 16, 2019, 11:00AM UTC

A look at Litecoin's 'Coin Days Destroyed'

Coin Days Destroyed (CDD) is a concept introduced in a 2011 Bitcoin Forum thread. While the method was created to measure economic activity on Bitcoin, it could also be used on networks with a similar technological structure to Bitcoin like Litecoin. To sum up our previous coverage of CDD in Bitcoin, instead of measuring the […]
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Jul 2, 2019, 3:25PM UTC

Knowing the developers: an analysis of Litecoin Core

The next cryptocurrency up to bat in our Knowing your developers series is Litecoin. With its recent gains in the market, it has surpassed EOS, the last asset we covered in this series, and currently sits as the fifth-largest cryptocurrency by market cap. Litecoin was created by Charlie Lee, who previously worked for the popular […]
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Jun 13, 2019, 9:23PM UTC

Money 2.0 Stuff: This newsletter is the silver to Matt Levine's gold

So is there a point to Litecoin? In one of the most hated rallies of all time, consistent with other historical rallies, $LTC led the market after an epic short squeeze (March 15 was the all-time-low in $LTC’s L/S ratio), marking its highest price since August 2018. This sparked vitriolic commentary from a crowd including […]
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Apr 4, 2019, 11:30PM UTC

Money 2.0 Stuff: Saving face with MimbleWimble

Litecoin explores MimbleWimble: Litecoin — you know, that digital asset that does that thing that definitely warrants a multi-billion dollar market cap — is up 40% this week following news that the Foundation has approached Beam about “possible cooperation” to implement Mimblewimble via Extension Blocks: [related id=”1″] “With Extension Blocks implemented on Litecoin, users can […]
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Feb 11, 2019, 2:00PM UTC