Thrasher is working hard to finish the release of 0.13rc. It’s a bit delayed because he was a bit busy last week.
As many of you have noticed, with the help of thrasher, the awesome new https://litecoin.org built by Steve has been launched. Also, the https://litecointalk.io forum now becomes the officially recommended forum. As explained before, the Core team does not want to control too many things and thus the forum will be running under my name. You are welcome to discuss there.
Litecoin Foundation is still under registration. It is a bit slower than expected because cryptocurrencies are still quite new to Cayman Islands’s regulatory framework according to the lawyers. We changed the registration venue from Hong Kong to Cayman Islands mainly for tax reasons.
Once the registration is done, the one million Renminbi will be credited into its bank account. We are also discussing with major miners about taxing them a small percentage for each new block to sponsor Litecoin development. Some major miners including LTC1BTC and F2Pool have agreed. The Core team also have started to discuss how the employment agreement for Litecoin Foundation should be written.
Some big miners in China may have some big actions on Litecoin in the near future. Litecoin hash rate could increase rapidly soon. One is planning to build an ecosystem including services like bitpay for Litecoin. Let’s watch these closely.