In all honesty, it seems to me that a cryptocurrency with a $50 million marketcap is important enough to have a lead developer that makes the job his "title role" and all other endeavors secondary.
But I guess working for a semi-famous boss that hates Altcoins makes it hard to say anything other than "development is not needed". If this had been the attitude of Henry Ford we'd all be driving around in fancy horse carriages.
Development is going along just fine:
https://litecointalk.org/index.php?topic=25306.0If someone thinks they can do a better job than Warren at leading Litecoin development, please raise your hands. Who are you to criticize us for not spending 100% of our time on Litecoin?
Being the creator of Litecoin, I believe I have the best vision about how to help Litecoin succeed in the long run. And that's working at Coinbase to first help Bitcoin succeed. Litecoin was created to complement Bitcoin. If Bitcoin fails to become adopted by the mass, only a fool would think that Litecoin (or any other cryptocurrency for that matter) will succeed where Bitcoin failed. Adding the latest snake oil feature to Litecoin only helps Litecoin in the short run. Maybe if I spent 100% of my time the past 2 years working on Litecoin and adding gimmicky features, there might be a 20% increase in price and users. I think even that is optimistic. And that only gives Litecoin a short term pump in price.
I want Litecoin to succeed long term as much as anyone else. Of course, there's a risk that by not pumping Litecoin today, another coin might manage to take over the 2nd position, and that could spell doom for Litecoin. But that's a risk I'm willing to take. My main goal is to help cryptocurrency (Bitcoin, Litecoin, and every other coin) succeed. I'd rather live in a world where Bitcoin became the dominant currency and Litecoin has died than in a world where Litecoin is still the #2 cryptocurrency but very few people use Bitcoin or Litecoin.