Charlie Lee

I'm not just going to tweak some numbers just because I feel like it.

So I kept it very similar to Bitcoin where every four years the reward halves.

So it has enough runway to succeed.

If you make it half too soon, then the coin, before it succeeds, the rewards will run out.

You're overpaying the earlier miners than...

Yeah, so just this year we created a Litecoin foundation, a nonprofit organization that takes donation and we sell merchandises to try to raise funds.

And all we do is we use that fund to pay for developers, to pay for members to help Litecoin, to help promote Litecoin, to help develop Litecoin.

Our team size is five core members.

And the various degrees of like, depending on how much they work, a lot of a lot of our team members are actually most of them are volunteers.

We don't pay them a lot.

We don't pay them anything.

And they work on it because of their passion.

Well, there's a few things we developed.

So we developed like the mobile wallet.

We have an iOS, Android wallet, Loaf wallet that we're developing.

We also keep developing on the core protocol.

So because...

We keep Litecoin code base very close to Bitcoin so that we can basically take all the improvements of Bitcoin and add it to Litecoin without too much trouble.

So we keep that very close.

We keep it up to date.