Hi do you mean our ltcr are safe on yobit as they will swith to the new blockchain?
Perfectly safe! But the exchanges must update their wallet to prevent people from transferring LTCR over the old chain. |
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I have contacted Yobit and C-cex our exchange platforms to switch, we start mining from block 179980!
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Is there any need to upgrade?
Yes! your transactions will be stuck in the old chain. Upgrade is important since the new chain will take over when mining from the new wallet begins. |
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It seems all nodes are down :-(
Thats because they are down. We need to inform everyone running the old wallet to switch to the new fork including the exchnages. they will be up in some few min to begin the new fork. |
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nicehash port?
Pools not ready yet, will add over here when available in a couple of hours. |
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great ,... But you should upgrade OP ... some links are not working...  More info coming soon... Those links were left blank for a reason, we will update them as they become available. Please activate notify below the thread to be notified of new contents. |
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As many people ask question about the recent fork, i have decided to clear the air on this issue.
WHAT HAPPENS AFTER THE FORK Litecred v1.2.1
The result of a hard fork is two block chains growing independently of each other from the point of the fork. Essentially two independent “coins” emerge (let's call them litecred1 and litecred2), and however much litecred you own pre-fork will be duplicated to both litecred1 and litecred2. This is important because it means that as long as you control your own private keys, you WILL NOT lose any litecred during the hard fork process.
Example:
1) You own 25 litecred before the fork
2) Fork happens
3) You now own 25 litecred1 and 25 litecred2
As miners move away from old wallet(litecred1) and upgrade to litecred v1.2.1(litecred2) litecred1 fades slowly until no one exist on that blockchain leaving just litecred2. This does not mean that litecred1 is totally dead, if miners decide to use the old wallet, litecred1 will pickup from where it stopped. at the end the Mojority of miners and nodes determine which fork raigns.
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It’s been a while now since the original developer abandoned us, No message! No answers! No updates! and more importantly No hope for Litecred. This has left many Litecred community members doubting as to whether to continue following the project or to leave. Many questions ask, many investors leave and many traders dump leaving Litecred to die a slow death. We discussed among us the faithful, why let this happen when we can do something, why let Litecred down when all we want is Litecred! Then comes the answer! To reshape and revive or promising currency Litecred. This is not a brand-new Litecred but the same old one with slightly modified protocol. A Litecred that is here to stay, one that will resist and come back even when it's rejected, dumped and stumped, one that will see progress among other Altcoins and its competitors and will be known everywhere even in the books we read at school, the restaurants we eat, the mechanics that fix our car, to the local phone shops where we buy our phones and prepaid cards.
Please, share your opinions and ideas as we rebrand Litecred to make it attractive, contribute whatever skill you have to make it a better cryptocurrency.
IMPORTANT! PLEASE SWITCH TO THE NEW WALLET TO CONTINUE MINING LITECRED.
Download both windows and linux binaries
OLD WALLET HAS A CHECKPOINT AT BLOCK 14, DELETING YOUR DATA WILL PREVENT THE FORK FROM SYNCHRONIZING.
SYNCHRONIZE FULLY WITH OLD WALLET BEFORE MOVING TO NEW WALLET!
More Info coming soon... 
What is Litecred?
Litecred is a new cryptocurrency with the characteristic of self-funded development, via block subsidy of 11.4% for each minted block. That 11.4% will be not directly usable at the beginning of the development stage but it will be achieved at PoW end, this means we are going to receive only around 0.8% every month. This will guarantee a small and continuos flow to the developers, in order to mantain the project active. There is no developer premine at launch. Funds collected from mining will be held in a public address and will be used for future development and/or given to users with proven skills that will help us with improvements/marketing and promotion.
Litecred wants to be intended as Decred side-project. Considering Decred as Bitcoin 2.0, Litecred wants to be Litecoin 2.0
Ticker: LTCR
Fixed Pow+PoS
PoW
Algo: Qubit
Retargeting: 30 Seconds
Maturity: 25 Blocks
Max Block Size: 8MB
PoW Supply: 98.835,250
PoW Blocks: 1.622.630
Block Structure:
Blocks 0 - 10: 26.278.000 - Litecred Initial Propagation
Blocks 10 - 100: 20 LTCR -1800 tot-
Blocks 100 - 180000: 50 LTCR
Blocks 180000 - 1622630: 35
Self-funded development, via block subsidy of 11.4% for each minted block
Nodes:
litenode1.litecred.org
litenode2.litecred.org
RPC port: 8887
Port: 8868
PoS
PoS Start: 180000 (1.000 Blocks Before PoW End)
PoS Subsidy: 5% per year
Min. Stake Age: 6 Hours
Max. Stake Age: Unlimited
Litecred Initial Propagation (LIP)
LIP: 26.278.000 (around 26.5%)
PoS blocks found are static blocks like PoW Blocks.
LITECRED GPU MINING EXAMPLE:
Thaiti and Pitcairn GPU based Optimized SGminer (Up to 11 MHS with a Radeon 280x):
http://cryptomining-blog.com/4819-new-sgminer-with-optimized-quark-and-qubit-kernels/
SPH-SGminer (suitabe for AMD cards) / CCMiner (suitable for NVIDIA cards)
SGminer mining example .bat file:
./sgminer -k qubitcoin —difficulty-multiplier 256 -o stratum+tcp://pool.litecred.org:4444 -u Weblogin.WorkerName -p Worker.Pwd + your gpu optimized parameters
LIP succesfully completed!
Smooth and fair distribution with 500 addresses entered in 26 minutes from LIP countdown end.
Everyone who followed LIP countdown got enough time to enter LTCR address for the LIP.
Considering thread visit prior to LIP opening [4k],LIP was a complete succes.
LITECRED OFFICIAL POOL
HASHPOWER
       
YOBIT BTC/LTCR
SAFECEX
SAFECEX ISTANT BUY [BTC/LTCR]
C-CEX VOTE
 Follow us on :Litecred Official / Official Forum / @litecredproject / Facebook / Coinmarketcap Coinreport Article  1500 LTCR bounty for translation
Spanish
Russian
Nederlands
Italian
15/05/2016 Litecred Wallet v1.2.1 released
14/05/2016 Litecred Hard fork with protocol changes
15/02/2016 Litecred Paper Wallet
06/02/2016 Litecred New logo
04/02/2016 Coinreport publishes and article about Litecred
02/02/2016 Litecred Wallet V3 released
01/29/2016 Litecred Official Forum Released
01/21/2016 Litecred is added on Coinmarketcap
01/21/2016 Litecred website open
01/19/2016 Litecred is on Twitter @litecredproject
01/20/2016 Litecred New Wallet [w/checkpoints] Released
01/16/2016 Litecred added to Yobit and Safecex Exchange
01/15/2016 Litecred Localization Started
01/12/2016 Litecred LIP Closed.
01/10/2016 Litecred on Coinorium Exchange
01/09/2016 First Litecred Mining Pool
01/09/2016 Litecred Launched!
01/06/2016 Litecred Announcementinfo@litecred.org |
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POW mining will run for a longer period till block 1622630 ( 1051200 + 571430 )
adding ~20000000 more money which is equivalent to ( 35 * 571430 Blocks) for POW.
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Announcement starting in a couple of hours.
POS starts from block 180000.
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how much old dev have coins??
I can't tell how much right now b'cos i'm busy fixing the coin which is what matters. when explorer is back online, the community can look into it. I spent most of yesterday going through his addresses but it's irrelevant now cos we should focus and move farward from this point to make this coin a better one. Finished with explorer so far Tell me if this is a fair Airdrop? Images for Litecred explorer http://imgur.com/a/IWIo7Airdrop coin transfer to same wallet with different addresses http://imgur.com/a/qQvqGhttp://imgur.com/a/4RiBV*the coin control feature in the wallet exist for a reason! |
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Will start a new thread on Friday when all modifications are ready for relaunch.
Hybrid POW/POS.
POW reward = 35
POS reward = [5% Annually] [15 LTCR Max Stake Reward Limit till POW ends! then staking false back to 2% Annually with no limits]
Total coins increase by 20,000,000 (Airdrop was a Ponzi!) giving miners a fair chance after an unfair Airdrop!
Extending POW phase. POS starts sooner!
Old developer still has large chunks of LTCR in his possesion waiting for POS, he also transfered coins from Foundation address which he said wouldn't be touched until POW ends.
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I also support building on the old Chain but not sure how much old Dev still has after airdrop!
To begin with, I'll build on old/same blockchain and reduce the time POS starts just to help people hold coin for profit instead of dumping.
Will also be looking to build a web and paper wallets for Litecred as well as mobile wallet to help with an easier account management etc.
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It's been a month and i don't think developer is going to come back.
Planning a coin swap for takeover, if there are any good reasons why we should keep this blockchain and build on it, this should be the right time to discuss about it. there are over 30,225,000 LTCR out there and i don't know how much old dev. still holds. Please, share suggestions on how you want your LTCR!
I also think the coin should start with a hybrid POW/POS (not many people can mine, but should not be left out) and POS will help people hold coin for profit instead of dumping all on exchange.
New Blockchain (Coin swap) or Old Block?
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GUYS, IM A DEVELOPER AND READY TO TAKEOVER THIS PROJECT IF MAIN DEVELOPER DOES NOT QUOTE A REPLY TO THIS MESSAGE IN 2 DAYS!
I'LL SPEND AND BUY SERVERS FOR SEED NODE, BUILD EXPLORER CHANGE FEW PARAMETERS LIKE WHEN PROOF OF STAKE STARTS, ADD OTHER RELEVANT FUNCTIONS TO MAKE IT MORE USEFUL, MARKET AND PROMOTE WITH GOOD DEVELOPMENT AND PROMOTION ROADMAP ETC.
IF ANY OTHER COMMUNITY MEMBER SUPPORTS THIS IDEA, PLEASE QUOTE THIS MESSAGE WITH THE WORD "SUPPORT".
tHANK YOU.
.::luLw0rm::.
What is your experience with altcoins? Have you been involved in any other projects? I have been involved in cryptocurrency development for over a year and have contributed to a number of projects on Github. I recently built an explorer for cryptonote coins which when released will help more developers get involved in cloning cryptonote coins. |
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I have a complete and working explorer for my test cryptonote coin which i posted here sometime ago. Neptunium IS NOT a forknote coin so that front end won't parse the json results. Getting front end part is not a problem, it's as to whether it's worth it? Will you like to mine a currency that is not profitable on the market? What makes a currency stable and attractive with value? |
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too early
For how long do you think we should wait before doing something about it? Do you realize the longer we take the more people are going to loose trust and move on to other altcoins? Do you realize this in how people are dumping their coins on exchange? Do you realize that our maxminer pool is closing and yobit wallet on maintenance? Do you also realize that all these are happening/happened because we decided to wait? So for how long can we keep waiting when something can be done about it? Till Litecred is Dead? |
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