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Comment by JohnTHaller | Hacker News Reader

Honestly, I'm in the same boat. I have the full Bitcoin, Litecoin, and Dogecoin core clients installed and with a full blockchain on my PC. With Ethereum, I always found the base client much buggier than the others (browser-based apps do that). And now, it's just 'pick one of these 24 random wallets'. Really?

I went from mining Ethereum and even releasing a minimal mining GUI for folks who wanted to support PortableApps.com to feeling uneasy about it. I don't even have an ETH client on my PC now, so I can't even access the fraction of an ETH I own. I'll probably ditch ETH donations to PortableApps.com as well.

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Sorry for the tangent but isn't litecoin and dogecoin one and the same now? Why separate clients?

It is not and never was

Nope one was started as a joke and the other one, the founder sold literally his entire holdings at the top of the market for $600/LTC, 8x current price (and ran away to an island somewhere, I assume) years ago, leaving the foundation on the brink of bankruptcy - the bankruptcy claim which to be fair they denied in 2019. Smart man!

Honestly I'm surprised the coin is still around after that. What exactly does LTC bring to the table to support it's position as a top 5 cryptocurrency?

Not sure where you get your facts, but Litecoin all-time-high was around $360. The founder, Charlie Lee, stayed and is still a visible and active advocate for litecoin to this day.

My bad, I was wrong about the peak price (this was just from memory, and that was almost 4 years ago -- however no excuse for not looking it up).

I was, however, right about everything else. Lee sold all his coins, made a giant pile of money, the value of the coin collapsed to literally fractions -- and has yet to come anywhere close to a recovery.

If Elon sold 100% of his Tesla shares and "stayed a visible and active advocate for electric cars" I'm not sure you'd be as bullish.

> I was, however, right about everything else.

No, he didn't run away (he's still very active in the community: https://twitter.com/SatoshiLite) and the foundation wasn't on the brink of bankruptcy.

About the only thing you were right about is that he sold his coins. (According to him the reason was so he could be financially secure and able to focus on the project instead of feeling incentivized to pump the price)

They use the same mining hardware, but they are not the same chain.

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