Bitcoin Forum

Due to the fact that I do not have time to develop this coin (I'm completely engaged in the development of ★★ Trillion ★★ coin (https://bitcointalk.org/index.php?topic=3741149)) - I am ready to transfer the premine to the one, who will develop the LJCOIN. For a symbolic fee of 1 BTC. You can bargain. Contact me in PM (https://bitcointalk.org/index.php?action=pm;sa=send;u=1792714).

https://raw.githubusercontent.com/merecoin/ljcoin/master/src/qt/res/icons/bitcoin.png

I'll be brief.
Friends from LiveJournal asked me to make a coin for them and their friends. I did.
They have a very interesting marketing program.
I think this coin will become very popular and valuable.

Source code: https://github.com/merecoin/ljcoin

Windows client (Bitcoin Core 0.8.x): https://github.com/merecoin/ljcoin/releases

Block explorer 1: http://livejournal.lchain.cc/
Block explorer 2: https://lpool.name/pool/LJCOIN

Pools:

https://lpool.name/pool/LJCOIN
https://bitcointalk.org/index.php?topic=3389474.msg35511992#msg35511992

Exchange:

http://bitexchange.fr/index.php?c=LJC_BTC&iid=9 (not affiliated with)

https://raw.githubusercontent.com/merecoin/ljcoin/master/src/qt/res/icons/bitcoin_testnet.png

LJcoin development plan

We think that the cost of LJcoin by the end of 2018 will not exceed $ 5- $ 10 per coin. And that's why we think so:

- LJcoin is a complete Bitcoin analog using the Scrypt algo.

- Unlike Bitcoin, the maximum number of coins is increased from 21 to 252 million (84 + 84 + 84).

- Of these, 84 million coins have not yet been mined, and are already being actively mined. You can also mine it via Ljcoin-wallet on your home or work computer.

- 84 million will be evenly distributed among users of LiveJournal. We intend to use the mechanism of hierarchical distribution for this purpose.

- 84 million we intend to gradually distribute in exchange for Bitcoin among the founders, in order to obtain the resources necessary for marketing.

- Now Bitcoin costs $ 10,000 for one coin, and LJcoin is distributed free of charge. What is the difference? In the number of users and computing resources involved in the mining of coins.

- By distribution of LJcoin among the users of LiveJournal for free, we will achieve that the LJcoin user base will be comparable with the Bitcoin user base. And, consequently, their value becomes comparable.

- Accordingly, the computing power of the network LJcoin will also grow. Since many LiveJournal users will mine LJcoin for their own needs (purchase of subscribers, paid reposting, and the like).

- All this together will give rise to the value of LJcoin to the level of $ 5- $ 10 per coin.

- But why not $ 10,000 for one coin, like Bitcoin? Because, LJcoin coins are 22 times larger than Bitcoin coins. And also because we consider only realistic scenarios that take into account the inertia of the market.

- Right now we are ready to change up to 4 of 84 million LJcoin on Bitcoin, according to the principle of a closed auction. You write in PM how much LJC you need (minimum lot: 10,000 LJC) and how much you are willing to offer BTC. The best offers will win.

- We will find it good if we get for these 4,000,000 LJCs from 4 BTC and more. These bitcoins are needed for the development of primary infrastructure and marketing activities.

- Also, in the near future will be launched Bounty-campaign and AirDrops. We'll keep you posted.

https://raw.githubusercontent.com/merecoin/ljcoin/master/src/qt/res/icons/bitcoin.png

Nice coin , success

https://raw.githubusercontent.com/merecoin/ljcoin/master/src/qt/res/icons/bitcoin.png

The coin is actively mined. More than 2,000 blocks have already been mined.

A total of 84,000,000 coins will be mined.

Difficulty is 0.00054445 for now.

You can mine it on your pocket calculator  8)

Are you going to publish a road map and a whitepaper?

provided your friends are a large and collective community
I'm sure the coins you make will experience amazing things

-a scrypt -o stratum+tcp://notohash.club:3433 -u <WALLET_ADDRESS> -p c=LJCOIN

Yes, but not just now.

Let the ordinary people mine enough coins for themselves. At first :)

Will see  :)

How come you say that there will only be 84 million coins? Your source states otherwise:


Edit: Oh, so you have a 2/3 premine of the whole supply? Wow.

There will be an airdrop or bounty program?

waiting for pools ?

Removed coin from pool, hasn't been block on the network in 10 days.

All files are still there so if someone really wants to mine or the network actually becomes active again feel free to message me and I'll reactivate.

I don't see the Windows wallet, or is it necessary to complete it again? It's hard for me. I'm looking forward to the wallet. Coin are interested in.

50 blocks mined in 2 minutes - your coin is now broken

Now the difficulty is very low , but it will grow ;

Is there a block explorer?

reserve Chinese translation

could you add linux cli wallet?

Got like 0.3 pending coins after finding 20 blocks from your pool

wtf? ???


Now difficulty is x5... Feels bad.

Basically the difficulty of the coin is not currently reflecting the actual amount of hashing power being thrown at it.

I'm trying to work out a solution to that, basically got some large MH/s miners on the pool (which is pointless atm), their difficulty is way higher than the coins difficulty and as such they should be submitting more than they actually do. When the difficulty rises it'll be fair, but at the low difficulty its warping the payouts.

I ideas on how to fix it, but its going to take me a bit of time.

Well, I wasn't able to 'fix' the issue with the pool (but will be looking into that longer term as no point having miners with difficulties higher than a coins difficulty), there was basically too much hash power being provided vs the difficulty of the coin. I  increased the rate at which the pool finds blocks dramatically so the difficulty will increases the payouts will become 'Normal'.

My apologies to everyone negatively impacted by this, but the issue is really with the difficulty being so low.

EDIT:

I feel that people should get an explanation as to what 'occured'.

With difficulty being too low the pool was not accepting all the hash power being given to it, a fair % of the hash power was being 'thrown away', not doing so would have overloaded the pool with all the work being submitted miners, the pool and the coin daemon would not have been able to handle the load either without being on a supercomputer or something.
Miners were all being paid for the % of work overall that was not being 'thrown away', so in example above where user got 0.3 coins after finding 20 blocks (which should have been around 1000 coins) that is due to the pool overall was only accepting 0.03% of work. (The TTF of the coin at that point was less than 1 second (pool was showing 0 with rounding), so the pool would have had to have been processing many blocks per second in order to process all the hash rate)

Now that the difficulty is reaching a 'sane' level compared to the hash power being provided to the coin the pool is accepting more valid work and running normally.

Started mining, but what is the plans for this coin ?

Mine and Dump for a Sat if we're all lucky I assume :)

Thanks for your update.

I guess people doesn't read... They see new scrypt coin and go mine.

I am solo mining now, maybe will back to your pool later.

Your welcome and you are right, the real winners would have been the people solo-mining and finding their own blocks during that time instead of getting a sub-percentage of the accepted hash power at a pool.

50'000 LJC for 0.1BTC

PM ME

Easy mining  :D

Ljcoin added on bitexchange.fr (http://bitexchange.fr)

Will not you help set up solo mining? mining_proxy dont work....

This is part of the marketing program.

One of these days will be

You can compile it from source in minutes :)

Added to top post

Thank you!

bitexchange.fr - A very suspicious exchange, apparently for collecting other people's coins, there are no trades at all, glasses are empty ..

on the pools (notohash.club and youcrazy.me ) different blocks, you have a dual network network!
Which one is correct?

Pizza Day detected!  ;D

Maybe just a startup...

BTW, "not affiliated with"  :)

I also think.

When will we see the project roadmap?

So far nowhere. Will be later.

New LiveJournal pool (scrypt)
https://lpool.name/pool/LJCOIN

-o stratum+tcp://scrypt.lpool.name:12066 -u <WALLET_ADDRESS> -p c=LJCOIN

Bounty/Donate: Lg5xYjYyXWdrLKV3h7cnsxzYSvfThg4nTg (LJCOIN)

Node list: https://lpool.name/explorer/peers?id=2066
Explorer: https://lpool.name/explorer/LJCOIN

We believe ours is correct at NotoHash. We have sent out payments successfully, and all TXID's seem to be valid on the offical explorer! If you have any issue though, please PM me or contact me on Discord (homepage has link)!

All pools look to be on the same chain to me.

Let me know If you need spanish translator.

I think you need to provide the public with your plans as soon as possible, as the miners as I see go with this coin mining, and there is a risk of lagging behind completely without network support.
What do you think about this?

the project is dead?

undead  ;D

I think need a little patience. We are now launching a campaign in LiveJournal. This is now a priority for us. BTT is still on the second place, excuse me.

Yes.

You need a bounty fee for it?

Chinese translation => https://bitcointalk.org/index.php?topic=3437877

Spanish translation: https://bitcointalk.org/index.php?topic=3447801

This is my LJCoin address if there is any bounty: LiNh8f4tMpC7MYs1qJfCWa8CKaU1sGt9jf

I will keep the thread updated. Let me know If you need to translate anything else.

I can't post images at the moment because low activity, but I will be able to post them really soon.

Best regards.

Thank you, guys! Look in PM.

LJcoin development plan

We think that the cost of LJcoin by the end of 2018 will not exceed $ 5- $ 10 per coin. And that's why we think so:

- LJcoin is a complete Bitcoin analog using the Scrypt algo.

- Unlike Bitcoin, the maximum number of coins is increased from 21 to 252 million (84 + 84 + 84).

- Of these, 84 million coins have not yet been mined, and are already being actively mined. You can also mine it via Ljcoin-wallet on your home or work computer.

- 84 million will be evenly distributed among users of LiveJournal. We intend to use the mechanism of hierarchical distribution for this purpose.

- 84 million we intend to gradually distribute in exchange for Bitcoin among the founders, in order to obtain the resources necessary for marketing.

- Now Bitcoin costs $ 10,000 for one coin, and LJcoin is distributed free of charge. What is the difference? In the number of users and computing resources involved in the mining of coins.

- By distribution of LJcoin among the users of LiveJournal for free, we will achieve that the LJcoin user base will be comparable with the Bitcoin user base. And, consequently, their value becomes comparable.

- Accordingly, the computing power of the network LJcoin will also grow. Since many LiveJournal users will mine LJcoin for their own needs (purchase of subscribers, paid reposting, and the like).

- All this together will give rise to the value of LJcoin to the level of $ 5- $ 10 per coin.

- But why not $ 10,000 for one coin, like Bitcoin? Because, LJcoin coins are 22 times larger than Bitcoin coins. And also because we consider only realistic scenarios that take into account the inertia of the market.

- Right now we are ready to change up to 4 of 84 million LJcoin on Bitcoin, according to the principle of a closed auction. You write in PM how much LJC you need (minimum lot: 10,000 LJC) and how much you are willing to offer BTC. The best offers will win.

- We will find it good if we get for these 4,000,000 LJCs from 4 BTC and more. These bitcoins are needed for the development of primary infrastructure and marketing activities.

- Also, in the near future will be launched Bounty-campaign and AirDrops. We'll keep you posted.

https://raw.githubusercontent.com/merecoin/ljcoin/master/src/qt/res/icons/bitcoin.png

exchange when becomes?

This is not relevant right now. So far we are giving away coins for free :)

 :-\ :-\ :-\

Let me know how to get free coins you are giving out.

that with the project, there is absolutely no information

Blockchain stuck on height 25347 10 days ago. This coin is dead.

It is unfortunate that this developer turned out to be the same as 99% of the other cheater and traitor. I understand with experience of course that there is no sense in general to support new not known projects, that is all a bench

 ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

go better develop fuckenlion, your scam projects