Altcoins News
By Maheen Hernandez
1 / 13
BitcoinLite Foundation expressed, after much discussion, it has been decided that the Litecoin brand will undergo a transformation — Litecoin will be rebranding itself to…
2 / 13
Charlie Lee stated, “Litecoin is rebranding to BitcoinLite! BitcoinLite as Satoshi Nakamoto intended.”
3 / 13
Some users commented: April Fools. It might actually help get away from the “Charlie sold at the top” though if you rebranded. Some of them stated, Wow!
4 / 13
They claim that BitcoinLite is just like Bitcoin, but “Lite” er. It is 4 times faster block times, cheaper network fees, and only 84 million coins.
5 / 13
It just goes like: Download BitcoinLite Wallet, Buy BitcoinLite, and Signup for the BitcoinLite card.
6 / 13
The website summarizes in details about what took them towards the rebranding.
7 / 13
“Because he saw so many people buying the light-products, he came to the conclusion that it was important to stay close to the original product (Bitcoin), but drastically…
8 / 13
The publication in the website makes it very clear that there are no intentions of claiming the throne to being “the real Bitcoin.”
9 / 13
They also state, “Due to the lack of people researching Litecoin and failing to learn about how it’s basically Bitcoin Jr. (also PoW, algorithm dominant, no pre-mine, etc.
10 / 13
They have also stated, Why, you ask? After thorough research and witnessing the amount of newcomers that were getting confused, buying Bitcoin Cash, Bitcoin SV and Bitcoin Gold…
11 / 13
So, Litecoin wants to join the bandwagon of the list of other Bitcoin to get its recognition as Bitcoin Jr.
12 / 13
They are already ready with rejuvenating marketing campaign to help the cryptocurrency space understand that Litecoin will be rebranding itself to “BitcoinLite”.
13 / 13
Those who want to read the complete reason verbatim about the rebranding can visit the website.
The Currency Analytics
Want the full story?