Charlie Lee, the Litecoin founder and the seventh largest cryptocurrency owner (by capitalization), sold all his LTC assets in December 2017, when the coin price reached record values. What for? “Litecoin must be truly decentralized,” the computer scientist admitted on his blog before made a decision. He did this to avoid sole influence the rate of this cryptocurrency alone. “For a currency to really be … a worldwide decentralized currency, you can’t have … a real leader who’s trying to control things, so to make it more decentralized, eventually I would step away.” said Charlie Lee. By the way, in early July 2018, Lee supported a new bitcoin mining protocol that strengthens the decentralization of the bitcoin network.
Lee’s position is very close to the Crypt-ON project team. That’s why the roadmap provides for developing mechanisms for decentralized management of the platform, voting and the first elections of delegates. Mobile applications will be devised to support the functionality of the DAO voting system and mechanisms. This allows the project to grow and improve under the plan. Over time, the number of users who will appreciate the convenience of the platform services, simplicity and security of operations will increase. And, most importantly, users as co-owners of the platform, will independently influence its further development.
Crypt-ON. We are for decentralization!
