In his speech at The North American Conference in Chicago, Litecoin
creator Charlie Lee confidently predicted the death of Dogecoin, citing
its downgrading hashrate as one of the major factors in providing the
event. However, Lee once again proposed Dogecoin developers to merge
with Litecoin in order to ensure their survival.
He also spoke to CryptoCoinsNews.COM in person and elaborated his views on Dogecoin in details.
He also spoke to CryptoCoinsNews.COM in person and elaborated his views on Dogecoin in details.
“The Dogecoin development team needs to do something,” he said.
“Most people in the community actually don’t understand the problem. The hashrate is so low that it’s getting dangerous. It’s getting to the point where anyone with a small ASIC farm can attack it.”
Lee considers himself as one of the most concerned well-wishers of Dogecoin. He once offered Dogecoin founders the same choice of merge-mining, which the latter respectfully rejected. Lee thinks it is their “pride” that resists them from joining hands with Litecoin.
