Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: litebeam on March 20, 2019, 08:20:06 PM



Title: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 20, 2019, 08:20:06 PM
Hey all!

This started as a company project to learn about blockchain and since we loved it so much decided to share our experiment with your community to help us learn more about cryptocurrency.

This isn't your typical "moon boy," ICO, dev tax cash grab. We actually all have great jobs but love exploring new things in our free time. Working for a tech company that is responsible for millions of users has afforded us the ability to see technology work at scale and impact lives. We want to build a community of like-minded individuals that are interested in furthering blockchain adoption.

The goal of this project is to get everyday users aware of the benefits of decentralized organizations and ledgers. This is NOT a project about getting on the latest exchange and dumping coins/tokens on the "greater fool." Please do you reply if that is your intent. We also want to make the Litebeam software (a fork of BEAM) super user-friendly so over time we can onboard as many users as possible.

Our community intends to use the wonderful work of the Beam.MW team to help promote the MimbleWimble protocol. In our experience, the launch of BEAM was quite pro and really didn't afford enthusiats or causual miners a chance to actually win a whole block or contribute significant cpu hash power to securing the blockchain. Since everyone typically has a cpu at work and some spare time, we felt it was an awesome opportunity to leverage both.

With Litebeam, our intention is to create a fun experience for everyday people at work to get ahold of crypto and learn the value of becoming their own bank (outside of Coinbase custody).

In summary, we are NOT expert programmers, traders or interested in any substantial financial gain outside covering the costs to further educate people on crypto.

In fact, we had such a great time learning to compile code, monitor cpu temps and watching blocks mature, we geared our user experience around it. So we'll offer the code, which is basically what you can find on BEAM.MW Github with a few adjustments to help with cpu mining and an increase block reward of 275 LITE. It should be fairly straightfoward to mine from the GUI (Windows & MAC) and win blocks. Keep in mind, this is for fun! So don't stress and let's get to know each other.

Let us know what you think. We are here to learn and grow with the community. Not get rich quick or engage in any financial discussions. To avoid conflict of interest with our current employer, will be remain pseudonymous.

So if you need help compiling the code, we will hangout in the discord and provide support. Also, for the first 100 people that download the source and join the discord, we will send you back some LITE to get started. We are around at the 7000 block and will use some of the crypto awarded for people that need a bit more encouragement to learn the ropes of self-guided financial freedom.

We understand this is a different type of project and is not geared towards "get rich quick" so we welcome all feedback. We hope to put some fun back into crypto mining and meet some interesting people across the globe. Thanks and hope to hear from you soon.

The Litebeam Team

https://litebeam.org (https://litebeam.org)
https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: wildraven01 on March 20, 2019, 08:27:25 PM
wndows wallet ?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 20, 2019, 08:35:34 PM
yep!



Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: Proof Of Carnaval on March 20, 2019, 09:03:27 PM
Question: if you're not expert programmers, what do you do at said multi-million user tech company?



Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: pharazen on March 20, 2019, 09:19:32 PM
The build instructions just lead to the Beam repo. Is this an oversight or is there really no source available?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: lovesmayfamilis on March 21, 2019, 06:39:10 AM
for what purpose did you post fake photos on your website?

https://i.ibb.co/p165wWg/2019-03-21-11-33-44.png (https://ibb.co/WHNj5DQ)

https://i.ibb.co/brNZK1z/2019-03-21-11-33-18.png (https://ibb.co/wKpXzyM)
https://i.ibb.co/P6rFVXt/2019-03-21-11-33-03.png (https://ibb.co/fxXqT6Q)
http://getnarrative.com/


https://i.ibb.co/f4KMRdv/Screenshot.png (https://ibb.co/xJchvqH)
I understand correctly? Is this your team?
Do you start your project from cheating?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: motienvolam on March 21, 2019, 06:49:44 AM
In a nutshell, I would prefer to say:
The era of forked coins has gone away, months ago, as well as the era of Proof of Stake/ Masternode hybrid coins.
Investors have become smarter and more knowledgeable after their own lost investments.
For now, it has become harder to fork, launch new coins and convince them to invest.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: KnightRiderus on March 21, 2019, 07:53:35 AM
another project with a team that was taken from stocks. you are not tired of trying to fool users? this is not the first such topic in content that has been opened recently.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 21, 2019, 04:20:37 PM
Does this community know what pseudonymous means?? It clearly states "pseudonymous" on website. Our identities were obfuscated to protect our employment situation. We didn't want to extract value by name dropping XYZ tech company. There was a personal relationship between team member and name and/or photo.

Please judge project based on merit. But it seems like everyone here is just money hungry looking for a quick buck. If you are actually interested in adoption and having some fun sharing ideas along the way, come to our discord! https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)

Have a great day!  :)

The Litebeam Team



Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: ICOEthics on March 21, 2019, 04:37:59 PM
for what purpose did you post fake photos on your website?

https://i.ibb.co/p165wWg/2019-03-21-11-33-44.png (https://ibb.co/WHNj5DQ)

https://i.ibb.co/brNZK1z/2019-03-21-11-33-18.png (https://ibb.co/wKpXzyM)
https://i.ibb.co/P6rFVXt/2019-03-21-11-33-03.png (https://ibb.co/fxXqT6Q)
~ ...

for the purpose to scam people.
More images of the team found here:
https://www.findcreatives.com/danielroos/kommersiellt



Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 21, 2019, 04:41:42 PM
I guess Satoshi is a scam because he isn't a young Japense man. LOL

This project is about fun. Our website says it all. This idea was NOT designed for financial gain nor will we seek exchange listing. If you do not have a concept of FUN, this isn't the community for you.

If you want to win some blocks and not be worried about price or exchange. Come join the party!

The Litebeam Team


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: ICOEthics on March 21, 2019, 06:22:58 PM

THIS IS A SCAM = FAKE TEAM
https://bitcointalk.org/index.php?topic=5123249.0


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: ragavancoin on March 21, 2019, 06:32:26 PM
Be careful before going to scam project like above mentioned .

Now days the scam coin are coming with different types of ideas to scam in crypto market , so before going to buy or invest in crypto market check the full history of the coin or tokens then you can relasy the real face about that coins.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 21, 2019, 06:44:37 PM
We don't get it guys. In initial post, we should we would like our identies to remain private. Not sure what's hard to understand. Whats the difference between a stock photo and an avatar that everyone loves to use on these sites?

Anyhow, we will continue our project. Its experimental and fun. Come check out if interested.

The Litebeam Team


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: ICOEthics on March 21, 2019, 07:31:41 PM
We don't get it guys. In initial post, we should we would like our identies to remain private. Not sure what's hard to understand. Whats the difference between a stock photo and an avatar that everyone loves to use on these sites?

Anyhow, we will continue our project. Its experimental and fun. Come check out if interested.

The Litebeam Team

Oh, you want your identities to remain private, but you steal someone else's identity and use as your team (most of them are not stock photos)?  Stealing people's identity is a crime.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: Syndrome on March 21, 2019, 07:46:35 PM
We don't get it guys. In initial post, we should we would like our identies to remain private. Not sure what's hard to understand. Whats the difference between a stock photo and an avatar that everyone loves to use on these sites?

Anyhow, we will continue our project. Its experimental and fun. Come check out if interested.

The Litebeam Team

Oh, you want your identities to remain private, but you steal someone else's identity and use as your team (most of them are not stock photos)?  Stealing people's identity is a crime.


It seems to me that these people just lost all boundaries and do not understand that trust cannot be built on deception.
And once again want to acknowledge your excellent work on the disclosure of scam. Keep it up!


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 21, 2019, 08:05:00 PM
is using Satoshi considered "deception" or taking someone else's identity?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 21, 2019, 08:16:19 PM
And furthermore, can you prove we don't have a connection or permission to use any photo we want.

For starters, its clearly states on the website that this project is for FUN not financial gain and the team wants to keep pseudo-anonymity for career purposes.

So your claims are unfounded and you are just getting pleasure from bashing honest experimentation from crypto fans who want to participate in the community.

This is why one of the reasons mass adoption is far away.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on March 25, 2019, 10:07:35 PM
This was supposed to be FUN!!


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: etoque on April 17, 2019, 09:59:43 PM
All those accusation... but no victims so far...

 ::)





Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: mrdeposit on April 17, 2019, 10:01:41 PM
Even if you decided to make an ANN thread for a fun it is not ethic to fool others with fake photos. You deserve the words said by other forum members.


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: etoque on April 18, 2019, 01:13:34 AM
Even if you decided to make an ANN thread for a fun it is not ethic to fool others with fake photos. You deserve the words said by other forum members.

well I havent see them negate that they use internet picture of people,doesn't mean it to be a scam.

So far dev have been very helpful with me on discord setting up my wallet. I do believe what they told,they are here to learn,I guess you must have live 2014 to know some coin come from no where and aren't scam.(monero,dash etc)


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on April 18, 2019, 03:23:34 PM
Thanks etoque! Was a pleasure working with you!

And anyone else that wants to join our growing community, hit a few blocks with their Macbook or desktop, learn about MimbleWimble, come check us out: https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 01, 2019, 11:34:34 PM
For the record/Lite haters:

This was from our original/first annoucement "To avoid conflict of interest with our current employer, will be remain pseudonymous."

And we never had an ICO. Just wanted to clarify these important details as this project was unfairly targeted & labeled by trigger-happy Scam Alerters.

Anyhow, we have been moving along nicely. As intended, its been fun. Also, we except binaries very soon for all major platforms.

In addition, we have a few exchanges that are planning to list LITE.

So come join our growing Discord https://discord.gg/WS52Az (https://discord.gg/WS52Az) and grab a laptop to mine some blocks.

99% of all LITE are yet to be mined.

Team Lite

https://litebeam.org (https://litebeam.org) ("pseudonymous" photos removed:-)



Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: Enema on May 01, 2019, 11:55:46 PM
And furthermore, can you prove we don't have a connection or permission to use any photo we want.

For starters, its clearly states on the website that this project is for FUN not financial gain and the team wants to keep pseudo-anonymity for career purposes.

So your claims are unfounded and you are just getting pleasure from bashing honest experimentation from crypto fans who want to participate in the community.

This is why one of the reasons mass adoption is far away.
Yo dickhead !
Can you prove you have their permission ?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 02, 2019, 12:29:45 AM
Can you be a respectful decent human being with an acceptable vocabulary?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 02, 2019, 01:21:24 PM
I guess not. If anyone else wants to be part of a ground up digital cash (privacy + scalabilty) MimbleWimble community, feel free to drop by!

 https://discord.gg/WS52Az  (https://discord.gg/WS52Az)

Team Lite


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 05, 2019, 03:33:07 PM
We have some very exciting developments to annouce in the Litebeam community:

1) Project making signfiicant progress on developing binanries (Windows - coming soon) - Linux released today at https://litebeam.org (https://litebeam.org)

2) Researching new Proof of Work - RandomX

3) Roughly 99% of all LITE is still availabe to be mined from a laptop or MacBook. Contrary to popular belief, we DID NOT have an ICO.

4) Working on a whitepaper to present a "Proof of Location" system that could realize Satoshi's vision of true peer to peer digital cash.

It is an exciting concept but still very much just an idea at this point. It concerns mobile devices, GPS & a new distribution model for coins.

Stay tuned to all things happening in crypto and our community at https://discord.gg/WS52Az (https://discord.gg/WS52Az)

p.s. We have been working all weekend with community members & troubleshooting Windows mining. We are dedicated to the success of this project!!  :)

TEAM LITE
"Let there be Lite!"


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 21, 2019, 01:32:08 AM
Great news! Project is going strong and we still have CPU mining with everyday hardware (desktop/laptop).

No need for expensive or specialized hardware to grab some of the hottest privacy (MimbleWimble) tech in crypto.

Also, we are helping our community mine LITE for free by using: https://www.vultr.com/promo/try50/ (https://www.vultr.com/promo/try50/)

Our linux binaries are ready to go: http://litebeam.org/Litebeam_Linux.tar (http://litebeam.org/Litebeam_Linux.tar)

Drop by our growing community or just say "Hi!"
https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)

Team Lite


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 25, 2019, 09:32:10 PM
We are US-based team and are celebrating Memorial Day Weekend with a miner promotion.

Download our Linux binaries and/or create a wallet from source: https://litebeam.org (https://litebeam.org)

We'll kickstart your wallet with 10K LITE for the first 5 miners.

Claim your reward by dropping by our Discord: https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)

Happy Holidays. Stay LITE!

Team Lite


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on May 29, 2019, 02:30:47 PM
Great news! We have extended our miner promotion to the next 10 miners that compile our wallet will receive 10K of our coin.

https://litebeam.org (https://litebeam.org)

Claim your reward by dropping by our Discord: https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)

Have a good day & happy mining!

Team Lite


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: litebeam on July 02, 2019, 02:42:26 PM
Our project has been unfairly villified.

We simply forked Beam without the founder's reward. The photos on website were labled "pseudonymous" on launch and since have been removed and we migrated to new hosting solution.

To recap developments since launch:

1) NO ICO or DEV BLOCK FEES

2) ENGAGED & GROWING COMMUNITY

3) TRANSITIONED FROM CPU TO GPU MINING

We are furtherest from a scam, never sold ANY COINS to ANYONE and just released a GPU GUI Miner for Windows!

We have easiest to use cypto and best wallet in the space.

Come see for yourself: https://discord.gg/kga9sgg (https://discord.gg/kga9sgg)

Take Care!

Team Lite


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: cuttie018 on August 08, 2019, 04:48:51 PM
What is the minimum investment to take part in this project?


Title: Re: [ANN] New MimbleWimble Fun Project I CPU Mine | No ICO | Community Driven
Post by: User44a on September 09, 2019, 09:41:47 AM
Our project has been unfairly villified.

We simply forked Beam without the founder's reward. The photos on website were labled "pseudonymous" on launch and since have been removed and we migrated to new hosting solution.


It wasn't completely unfair, IMHO. You've used photos of other people without their permission.

Do you want to stay anonymous? No problem! Just don't try to trick people to think you're someone else, please.


Thanks for not using the photos anymore, much appreciated.





3) TRANSITIONED FROM CPU TO GPU MINING


Why the sudden change? I quite liked the idea of CPU only, it made litebeam a bit different to other "fun" projects. There's much more competition in the GPU field.

RandomX has been mentioned earlier, may I know why it's NoGo any more, please?