Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Litecoin Forum => Other Popular Cryptos / Coins => Litecoin News & Updates => Topic started by: Zed0X on February 10, 2020, 05:40:08 PM
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Yes, you read the title correctly. It appears that they (Litecoin Foundation) lost a lot of money from the bear market that they can no longer sustain further development without donation. This time, the founder is following what BCH did which is to ask miners for donation. The difference, however, is that Litecoin miners won't be forced to donate which I think is good.
When you read something like this, you have question how this will affect the network's decentralization? Mining should be voluntary and miners shouldn't be asked for donations.
For those interested to read further, here's the article https://bitcoinist.com/litecoins-charlie-lee-proposes-miner-donations/