Charlie Lee (computer scientist)
Charles Lee is a computer scientist, best known as the creator of Litecoin. He serves as the managing director of the Litecoin Foundation.[1][2] As of July 2013, he also worked for Coinbase.[3]
Charlie Lee | |
---|---|
![]() | |
Born | Ivory Coast |
Education | BS and MS, computer science, Massachusetts Institute of Technology, 2000 |
Website | Charlie Lee on Twitter |
Early life
Lee was born in Ivory Coast, moved to the United States at the age of 13, and graduated from high school in 1995.[4] He graduated from the Massachusetts Institute of Technology with bachelor's and master's degrees in computer science in 2000.[4]
Lee's brother, Bobby C. Lee, is the founder of cryptocurrency exchange BTC China.[5]
Career
For a decade in the 2000s, Lee worked for Google. His work for the company included writing code for Chrome OS.[3] In 2011, Lee became interested in Bitcoin.[6] In October 2011, he released Litecoin on Bitcointalk.[7] He had written the blockchain technology based on the Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins.[3] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions.[6]
In July 2013, Lee left Google and began working at Coinbase, before the cryptocurrency exchange adopted the coin he had created.[3]
In December 2017, Lee announced on Reddit that he sold almost all of his Litecoin holdings due to a perceived conflict of interest. He had been criticized for his tweets, which had a possible effect on the price of the coin.[8] Lee sold or donated all of his coins except for a few minted in physical form which he kept as collectibles.[9][10]
Lee is currently working full-time with the Litecoin Foundation on Litecoin adoption.[11]
References
- Williams-Grut, Oscar (April 28, 2018). "The founder of litecoin said selling his entire stake 'feels like it's not the right decision'". Business Insider. Retrieved May 23, 2018.
- "About Us". Litecoin Foundation. Retrieved May 26, 2018.
- Robert, McMillan (August 30, 2013). "Ex-Googler Gives the World a Better Bitcoin". Wired. Retrieved May 9, 2018.
- Reiff, Nathan (May 7, 2018). "Who Is Charlie Lee, Litecoin Founder?". Investopedia. Retrieved May 9, 2018.
- Hill, Kashmir (November 8, 2013). "From Walmart To Bitcoin: The CEO Behind The Chinese Exchange Sending BTC To New Highs". Forbes. Retrieved November 8, 2013.
- Shen, Lucinda (December 12, 2017). "What Is Litecoin, and Why Is It Beating Bitcoin This Year?". Fortune. Retrieved May 26, 2018.
- Hill, Kashmir (January 13, 2014). "A $100 Worth Of Litecoin A Year Ago Is Worth $30,000 Today". Forbes. Retrieved May 26, 2018.
- Russell, Jon (December 20, 2017). "Litecoin founder Charlie Lee has sold all of his LTC – TechCrunch". Techcrunch. Retrieved May 23, 2018.
- Browne, Ryan (December 20, 2017). "Litecoin founder Charlie Lee says he's sold all his holdings in the cryptocurrency". CNBC. Retrieved May 23, 2018.
- Bloomberg (December 20, 2017). "Founder of Bitcoin Rival Litecoin Sells His Cryptocurrency After 7,500% Rally". Fortune. Retrieved August 2, 2020.
- Lee, Charlie [@SatoshiLite] (September 20, 2018). "I'm working on Litecoin full-time and focused on Litecoin adoption" (Tweet) – via Twitter.