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Title: Sharelitecoins - a tool to distribute litecoins to many addresses Post by: msm595 on April 17, 2013, 02:06:46 AM I have created a tool similar to sharebitcoins (https://github.com/csjones/sharebitcoins) called sharelitecoins (https://gist.github.com/msm595/5376933). It can be used to pay out dividends to many addresses without the use of a stock exchange. Programmers may also use it as an example of how to interact with litecoin via rpc.
It depends on a local litecoin client, since there is no blockchain.info equivalent for litecoin. I've tested in on testnet, but I can't guarantee it works flawlessly. Before trusting it with thousands of LTC, I recommend testing it how ASICMINER verifies shares, by sending 1 satoshi per share and having everyone make sure everyone gets the right amount. Things that have not have been tested yet / planned fixes for the future:
There are instructions for use at the top of the file, but I will walk anyone through any questions they might have. I have tried to make it difficult to lose LTC using this program, and I am open to ideas on how to make it better. If you have found this script to be convenient, feel free to send some coins to an address in my signature ;). Title: Re: Sharelitecoins - a tool to distribute litecoins to many addresses Post by: CoinHoarder on April 17, 2013, 03:46:04 AM Bumping msm595's program- This is a great piece of work.
It allows crowd funded Litecoin companies to take control of their own securities and distribute dividends, which is awesome for the Litecoin community and could be very useful in crowd funded development projects for Litecoin! Great work! :) Title: Re: Sharelitecoins - a tool to distribute litecoins to many addresses Post by: wizzardTim on April 17, 2013, 01:49:15 PM Thank you very much
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