Litecoin Founder: Miners Should Donate Block Rewards to LTC Foundation

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Charlie Lee is nothing if not controversial. The Litecoin founder who sold all his holdings to avoid a ‘conflict of interest’ in 2017 just proposed miners should voluntarily donate LTC to fund the network’s development. Miners Should ‘Donate’ Part of Their Litecoin Earnings In what turned out to be a provocative tweet on Jan 24, Charlie Lee proposed a “voluntary” miner tax. He said that a “better way” of funding development would be if Litecoin mining pools donated 1% of their reward to the Foundation. If every miner/pool does this, it amounts to about $1.5mm donation per year! 1/ I think a better way to fund development is mining pools voluntarily donate a portion of the block reward. How about Litecoin pools donate 1% (0.125 LTC) of block rewards to the @LTCFoundation? If every miner/pool does this, it amounts to about $1.5MM donation per year! — Charlie Lee [LTC] (@SatoshiLite)…

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