How much computing power as well as money is required to carry out a 51% attack on a blockchain like that of Litecoin which uses PoW as its protocol? Blockchains using the PoW consent protocol (Proof of Work) use the computing power of machines to secure data and the network that hasRead More →

Say what you like about Charlie Lee, but he’s certainly not doing it for the money. Like most people developing the Litecoin (LTC) ecosystem, the creator of the fifth-largest cryptocurrency does not receive a single litoshi for his efforts. CBNN has learned that the Litecoin Foundation, the non-profit organization dedicated to building and promotingRead More →


The cryptocurrency market has been on an upturn recently, with a majority of the cryptocurrencies seeing green across the board. This bullish rise has been fueled by multiple updates and developments coming in from a lot of cryptocurrency companies and networks. On February 9th, Bittrex International, a popular cryptocurrency exchange,Read More →

Charlie Lee, the founder of Litecoin has signed a petition to free Ross Ulbricht. According to Lee’s tweet, the Silk Road creator doesn’t deserve a life sentence without the possibility of parole. Charlie Lee’s tweets have always been skirting controversy. Last week he took to Twitter to congratulate Stellar Lumens (XLM) onRead More →