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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: LIghtvelocityCoin on January 21, 2014, 11:52:45 PM



Title: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: LIghtvelocityCoin on January 21, 2014, 11:52:45 PM
LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins

"And God said, Let there be light: and there was light."


LVC is part of the KLONE experiment!
https://bitcointalk.org/index.php?topic=423647.0

Open, Free and Fair Trade For All!
"One of the reasons LVC is groundbreaking is because it gives the economy back to the people and re-establishes them as their own sovereigns over their destiny.  An economy is an expression of a political ideology.  Do not mistake us as just another cryptocurrency.  
We are a movement."



Complete Fair Distribution - Zero Cost Buy In!

There is no cost to acquire coins, only your interest would suffice! Post "interested" as below.


LVC is the first 100% Proof-of-Stake (PoS) currency.  Coins are earned solely by charging transaction fees.  Unlike other currencies with PoS mining, LVC's PoS mining does not cause monetary inflation.  The total amount of LVC in circulation is 3 million.  LVC is resistant to +90% attacks via its transparent mining algorithm.

LVC improves different features of Bitcoin, removes some disadvantages (e.g. bloated blockchain) and resolves a big environmental issue.  Time between blocks is one minute.  This increases the rate of orphaned blocks, but makes it more convenient for the users.

LVC doesn’t use so-called “scripts” aka predicates.  This simplifies and accelerates transaction processing.  Advanced features like multisig will be created on top of the core as 3rd party services.

LVC is routable through Tor and I2P anonymous networks.

LVC improves on Nxt by providing the following enhancements:

Block Chain stored in database.  Unlike Nxt,  LVC does not fail due to out of memory errors.
Secure Wallet.  Unlike Nxt,  LVC does not expose the wallet to the open internet.
Bitcoin like Addresses.  Unlike Nxt,  LVC adds checksums to addresses so some random number can't be confused as being a NEX address.
Multi Precision arithmetic.  Unlike Nxt,  LVC allows up to 8 decimal places.  Nxt does not have decimal places.


LVC supports the following features:

- Decentralized Alias System / DNS - Complete
     Register names and assign them to URIs.  URIs can be anything from web addresses to NEX account numbers.  These aliases will be tradeable in the near future.
- Basic DDoS Protection - Complete
- Decentralized Asset Exchange / Colored Coins - Done, but not yet implemented.
     This allows gateways to issue assets on the NEX network.  These assets can include cryptocurrencies (BTC, LTC, etc), fiat currencies (USD, EUR, RMB, etc), stocks and other assets.
- Transparent Mining - Complete.
     Transactions are encrypted.  Only PoS block generator can decrypt transactions.
- Arbitrary Messaging - Complete. Implementation on block 40,000.
- Instant Transactions - Requires peer review
- Decentralized Marketplace / Auction - In progress
     Buy or sell goods/services in a distributed manner.  All listings are broadcast to all nodes on the network in P2P fashion.
- Distributed Storage - In progress
- Multi-signatures - In progress
- Blockchain Shrinking - In progress
- Two-phase Payments - In progress
     Software supported escrow transactions
- Voting System - In progress
- Reputation System - Will be implemented after Voting System
     Account trust rating system.  Check if sellers on the distributed exchange have a good history, if stock issuers pay dividends and if gateways honor their asset redemptions.
- Decentralized Mixing Service - Concept not ready - Cryptographers please contact core dev team members
- Distributed Computing - Concept not ready
- Smart Contracts - Concept not ready
- Hardware Wallets - Conceptual Stage - Java smart card developers please contact core dev team members
- Advanced DDoS Protection: Project Kharon - Conceptual Stage - Neural net programmers please contact core dev team members

LVC need you to spread the words. The sources can be taken from NXT or its clone NEX

We inherit code from the "open source" or "decompiled" version of NXT

Unlike NXT,  all the decompiled code can be found here:  
https://github.com/slothbag/nxt-decompiled  for your review and scrutiny.

Please Run a LVC Node

If you can run a LVC node, it will help us stabilize and secure the network.  If you have invested in LVC, it is beneficial to you to run a VPS to help to secure the LVC network.  Hallmarking your node helps the network, but is not necessary.

How-to directions on running a hallmarked VPS LVC node

Easily Deploy LVC on Thousands of your VPSs

How-to run LVC on your Raspberry Pi

LVC Videos
LVC Introduction
What is LVC? Discussion by Tai Zen and Leon Fu (24:56)
How to Mine LVC
How to Use LVC Client
How to Register Alias Tutorial
LVC Explained in Russian!

For all the hyper-links, you can go to our clone brother https://bitcointalk.org/index.php?topic=422052.0


Security Tips

- Do NOT use the passphrase for your LVC account on a VPS client.  Only use your LVC passphrase on a local LVC client.  Even if you connect to your VPS securely via SSH, you are still not safe because all VPSs have backdoors.
- 7874 (tcp) is used for P2P communication, the http web client and API commands.  This is the only port that needs to be open to run LVC.
- 7875 (tcp) is used for the https web client.

Please leave a message here if you want a part of the 300million coins that will be issued! That's right there will be 3 million of LVC instead of 1 Billion. That's because we think NXT is like gold which can be used in valuable transactions meanwhile LVC is like silver and can be used in everyday.






Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Bitye West on January 22, 2014, 07:59:22 AM
Interested

This is getting ridiculous.  Are the NXT people creating a million clones so that there's no clear second-place to NXT that begins taking away marketshare?


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: ShadowOfScales on January 22, 2014, 08:57:26 AM
Interested, you never know where a coin will go~


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: JohnDorien on January 22, 2014, 10:38:37 AM
Interested

fun we're coming from shitclone wave to... what is this now?


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: notsoshifty on January 22, 2014, 10:39:34 AM
Multi Precision arithmetic.  Unlike Nxt,  LVC allows up to 8 decimal places.  Nxt does not have decimal places.

Can I suggest you instead allow up to 35 decimal places, and name each 1.616199(97)×10−35 unit a 'planck'?


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: romerun on January 22, 2014, 10:58:06 AM
interested

is this a fly trap


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: CryptoBubbles on January 22, 2014, 11:49:38 AM
Coming soon, lighter velocity coin, no 100% premine scam


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: instacalm on January 22, 2014, 02:24:43 PM
Coming soon, lighter velocity coin, no 100% premine scam

 ;D ;D ;D


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: SlidingHorn on January 22, 2014, 09:34:21 PM
Apparently no one on this thread's read the "Reserved" sticky.........


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Arcas on January 22, 2014, 09:54:32 PM
Watching this post. Very interesting concept.

Not sure how I feel about a 100% premined coin.

interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: himmelsfaller2 on January 22, 2014, 11:35:45 PM
Interested big time, bigger time, the biggest time..hmmm something more


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: kuroman on January 23, 2014, 12:18:24 AM
sounds interessting
count me in


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Mistafreeze on January 23, 2014, 03:20:14 AM
Interested.

Yes, I am happy. Thanks for asking.
Such a nice community :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: drm on January 23, 2014, 06:28:25 AM
so many clones now ^^

interested!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Kergekoin on January 23, 2014, 06:44:59 AM
Do not post only "interested". Mods are deleting out posts!  :D

But im definately interested!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: MasterDigit on January 23, 2014, 06:58:38 AM
yeah, i wondered what happened.
very curious how this works out.
definately interested!!!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: wakasaki808 on January 23, 2014, 07:23:16 AM
Interested in the future of these  NXT-like cryptos :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: qiqide on January 23, 2014, 07:23:57 AM
Interested, you never know where a coin will go~


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Tyson2295 on January 23, 2014, 07:24:33 AM
looks interesting wanna see how this goes


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: DubFX on January 23, 2014, 07:42:22 AM
Def interested, when will it be launched? Maybe overlooked some info in topic  ::)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: sam53 on January 23, 2014, 07:48:16 AM
interested, if it means something ;D


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: mountainview on January 23, 2014, 07:54:26 AM
launched or planned??

interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: supersuber on January 23, 2014, 09:42:40 AM
Interested, you never know where a coin will go~


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: jelin1984 on January 23, 2014, 10:08:26 AM
I am in very nice project


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: sserge009 on January 23, 2014, 10:23:43 AM
interested as usual.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: bitcatch on January 23, 2014, 11:14:00 AM
Interested. The more clones the better  :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: exokk on January 23, 2014, 01:17:35 PM
not sure where this will go in future. Anyway I am interested and would like to participate in this coin.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: maardein on January 23, 2014, 01:26:23 PM
I'm interested. Will this be a real free 'buy-in'? Or will it be like NEX, where you suddenly still had to pay?


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: gargouri2001 on January 23, 2014, 02:03:35 PM
i am in


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: blacklig on January 23, 2014, 05:44:08 PM
INTERESTED
count me in!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: marcje on January 23, 2014, 06:03:44 PM
I am very intrested, VelocityCoin allready has a good rep. so lets see where it goes! :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Tintin20 on January 23, 2014, 06:08:31 PM
yeah, I'm interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: rushthatspeaks on January 23, 2014, 06:36:49 PM
Interested, let's see where this goes.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Last1212 on January 23, 2014, 06:39:25 PM
Dev is scammer - he report to moderator on any new message cointaining word - int****. Stop posting int his thread. All post will be removed soon.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Sondey10mg on January 23, 2014, 09:30:55 PM
Dev is scammer - he report to moderator on any new message cointaining word - int****. Stop posting int his thread. All post will be removed soon.

Indeed, my reply got deleted  :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: ChuckOne on January 23, 2014, 09:57:30 PM
Hi, I'm in for LVC. Let's see how far this goes. :)


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Brilliantrocket on January 23, 2014, 09:59:10 PM
I am lnterested. I'll keep an eye on LVC.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: sussex on January 24, 2014, 03:37:17 AM
Right, I'll state my interest again after the mods deleted my previous post  ???

MODS:

The whole point of the OP is to gauge interest, please don't delete.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: ZeroBarrier on January 24, 2014, 03:40:16 AM
I'll bite. Interested; let's see where this goes.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: groggin on January 24, 2014, 11:22:45 AM
Quote from: LIghtvelocityCoin
Please leave a message here if you want a part of the 300million coins that will be issued! That's right there will be 3 million of LVC instead of 1 Billion. That's because we think NXT is like gold which can be used in valuable transactions meanwhile LVC is like silver and can be used in everyday.


i've responded several times; (posts deleted) still interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Fatih87SK on January 24, 2014, 12:59:34 PM
I'm curious where this one goes. Interested in LVC!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Last1212 on January 24, 2014, 03:22:27 PM
Dev is scammer - he report to moderator on any new message cointaining word - int****. Stop posting int his thread. All post will be removed soon.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: wizzardTim on January 24, 2014, 04:33:41 PM
Right, I'll state my interest again after the mods deleted my previous post  ???

MODS:

The whole point of the OP is to gauge interest, please don't delete.

Me too. Interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: curefrankosflue on January 24, 2014, 04:41:46 PM
Watching this post. Very interesting concept.

Not sure how I feel about a 100% premined coin.

interested

I chuckle a little bit every time I see someone say premined in relation to a Proof-of-Stake currency.  Wake up and see the transformation happening right now!

The idea of mining currency will be outdated very soon.  Just like a horse and carriage was replaced by the automobile, mining will be replaced by forging.

Interesting comparison, but I'm not sure...
By forging you mean forging the raw ore into a more appropriate form like coins or by making counterfeit money?


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: s0whund on January 24, 2014, 04:48:28 PM
Interested!

you can count me in too


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: cexylikepie on January 24, 2014, 05:03:19 PM
im definitively interested!

please do not delete my post


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: bakedrice on January 26, 2014, 04:38:05 AM
INTERESTED


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: QBTC on January 26, 2014, 01:06:53 PM
Great name! I'm interested!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: Taxidermista on January 26, 2014, 01:09:52 PM
Interested. Very.


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: GröBkAz on January 26, 2014, 01:12:19 PM
Interested and I'm waiting...


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: mine2slow on January 26, 2014, 01:13:15 PM
"interested"
 ;D


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: lenovothinkpad on January 28, 2014, 03:52:00 PM

inInterested
count me


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: smohard on January 28, 2014, 04:10:09 PM
Interested!


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: CoinManiac on January 28, 2014, 04:12:10 PM
interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: vemdoctor9 on January 28, 2014, 04:29:57 PM
Interested


Title: Re: LightVelocityCoin(LVC): descendant of Nxt --- 299,792,458 coins
Post by: bitrage42 on January 28, 2014, 04:30:26 PM
interested!