Charlie Lee proposes miner donations to fund Litecoin development

Litecoin development has been quite slow, yet this does not seem to be due to a lack of ideas. While the asset community might be popping with ideas, the ecosystem lacks the resources to explore and implement such proposals. Now, Litecoin creator, Charlie Lee has proposed miner donations to solve the problem. As per the proposal, miners should donate one percent of the block reward to fund the network’s development. Miner donations to further Litecoin development Litecoin miners also receive the block rewards for other Scrypt-based algorithms such as Dogecoin, can naturally afford to share one percent of their block