A much cheaper and easier solution is to interface the memory on the PCB, no need to have the memory directly inside the die.

Pretty much spot on, except it wouldn't cost someone several million to make an FPGA for Scrypt. For an ASIC, yes it will cost a million+, but FPGA development can be done for much cheaper. Around/under $100k if you were going to outsource all development, and much cheaper if you were going to develop it yourself.

No, there's no real advantage for a merchant to use Bitcoin instead Litecoin or Litecoin instead of Bitcoin. There are advantages to Litecoin's existence, but I don't think that's what you're asking.

If you're ever bought something using Bitpay, you'd know that they accept transactions without any confirmations, making Bitcoin payments pretty much instant. So, that rules out the main advantage in that Litecoin has with faster confirmations.

There is an advantage to a merchant using both Bitcoin and Litecoin though, because when you accept Litecoin as well, you open yourself up for business from Litecoin users, instead of only Bitcoin users and visa versa.

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This is already being developed.

Many hosting services already accept Litecoin:

BitVPS - A long-standing VPS/Dedicated Server provider which accepts USD/BTC/LTC.
Fennec Hosting - VPS, dedicated servers, anonymous domain registration & SSL certs.
CrownCloud - VPSs
Litehosting - VPS | VPN | SSL Certificates | Crypto | Security | Register Domain | Domain Transfers
Bytesized Hosting - Seedboxes for LTC/BTC
Okotto - Web hosting
Splinternic.com - Domain Names

Bitcoinstore runs an interesting business model. I saw Roger Ver explain about the company at the Bitcoin conference.

They sell products at a 0% markup and are only interested in investing in Bitcoin, that is how he is planning to make money with the site.

With a business model like that, them accepting Litecoin is a little far fetched, as it could possibly devalue what they have been investing in all along (Bitcoin).

I'm apprehensive to give a date because then I'll feel bad if I don't make it. 

I may be able to provide a conservative estimate later this week.

Hello everyone,

Thank you for your interest.

Otoh:

Thanks for the suggestion. Along with making coins, I have been planning on making a few other products involving putting Litecoins in a physical form. Some of those ideas include:

• 1 LTC denominated chocolate coin, meant for gifts and to introduce people to Litecoin, not recommended for resale.
• Fireproof/waterproof paper Litecoin wallets with QR codes, private keys secured by hologram
• Adding the ability to assemble your own coins and paper wallets by generating addresses and private keys on your own computer, so that you don't have to trust a 3rd party
• Non denominated coins or "savings bars" similar to casascius' version.

The possibilities are endless. 

I am trying to come up with creative ideas as to storing Litecoins in a physical form, let me know if anyone else has any other suggestions.

Thanks,

Ch

Awesome, glad a fix was found. 

ALT coin subforum has really gone way downhill the past month or so.

I wish you could have been around for the glory days where there was actual intelligent discussion, and not just people spamming copy and paste ALT coins. A lot of teenagers showed up too which as you mentioned doesn't help either.

I hope you stick with Bitcoin, it is the real deal. All of these ALT coins will never reach the size of the community, adoption, development, or value of Bitcoin. They are all simply just wannabes, Litecoin including (although to a lesser extent than the newer ALTs.) Also, the Bitcoin community generally has an older, more mature user base.

I get your point. However, you are relating real world problems/situations that have nothing to do with decentralized currencies. I do agree there is room for more than one or a few crypto currencies. However most of the new ALT coins, like your coin Digicoin, people only changed a few variables from Litecoin and called it a day. We already have a bunch of copy cat coins, we don't need anymore. I even consider Litecoin for the most part a copy cat coin, however at the time it was created there wasn't 50 ALT coins being released a month, allowing a large community to grow around it and adopt it. I support Litecoin because of this community.

I prefer to see more innovation than what the new coins provide to support an ALT coin, and I know most people that have been around the forums for a while feel the same way. Most of these coins will die a slow death because innovative coins will come along and people will forget about most of the new ALT coins. Bitcoin and Litecoin will stay around for a long time even if better coins are released because of their time on the market and the huge communities that support, develop, and improve them. Also, many more people are invested into both Bitcoin and Litecoin, so there is incentive for that improvement to continue.

These new coins all have many different factions of small communities of enthusiasts that improve their coins, which pale in comparison to the Bitcoin/Litecoin communities. This will ultimately work against each other, as many small groups of people can only accomplish so much, compared to a much larger group of people striving for the same goals.

Again, I don't mind new coins but I want innovative coins. There are so many projects of truly unique coins and great ideas that are being developed. Why should I support all these new copy and past coins when there are much more innovative coins being developed/about to be released. Coins that will truly change the crypto currency ecosystem, not just a few variables changed.




This is silly, Bitcoin/Litecoin are as decentralized as crypto currencies get. Creating a new ALT coin doesn't make anything more or less decentralized. They are all decentralized inherently in each coin's code.

And you have to admit that creating more and more ALT coins with hardly any differences splits the developers and communities time spent working on useless ALTs, when they could be improving/creating something for the rest of the 98% of the cryptocoin community that don't use <insert random ALT coin here>. Everything that is developed for most of these new ALT coins I and most of the cryptocoin community will never use. Most of the cryptocoin community doesn't even use Litecoin.. only Bitcoin, so anything developed for a chain smaller than Litecoin is going to get a lot less use inherently because of the sizes of the communities.

Well.. I didn't mean the developer abandoned the community, but that the community abandoned Tenebrix and then the developer stopped developing things for it.

I think if the premine was destroyedp for or put up for bounties, perhaps Tenebrix could become popular again... like a BBQ coin type of thing, but it is based on an ancient version of Bitcoin.  

Yes, most of the newer coins are direct copys of Litecoin in its current state which uses Bitcoin v0.6.3

Litecoin is upgrading the code base to Bitcoin's current release of v0.8.2

I doubt the same can be said for most of the copy and paste coins.

Tenebrix was premined, also the developer abandoned it along with the community.

Litecoin developers are still very much active- they are about to update the code to include all improvements up to Bitcoin v0.8.x

All the ALTs that copied off of Litecoin at its current state will be running Bitcoin v0.6.3 code. I hope these pump and dump developers are savvy enough to upgrade their coins like Litecoin is doing, otherwise eventually they will be left behind and forgotten (most of them are headed this way anyways.)

Also... create a better community? Bitcoin/Litecoin has a huge community, good luck trying to surpass all their development and services, etc. They are already ahead and have a bigger community to develop sites/services/updates to stay ahead in well into the future. There are also many more people invested into Bitcoin/Litecoin than any other crypto currency, so more people have incentive to make things and start projects because it increases value.

Bitcoiner's main crypto currency investments seem to be Bitcoin and Litecoin from what I can tell. Litecoin has gone from $0.04 to $2.65 in a year, and Bitcoin has gone from $5.00 to $120 in a year. So I'd say the last thing he's doing is holding a worthless bag of coins.

He might be a bit trollish about his antics proving other coins are just copy cats and get rich quick schemes/pump and dumps, but he does have a point. Copy cat coins don't provide the cryptocoin ecosystem with any extra advantages that crypto users can't already do.

In fact, the copy cat cryptocoins weaken the entire cryptocoin community by diverting developers and community support. Imagine if all the developers that are working on things for ALTs were all developing things for Bitcoin and Litecoin. There would be so many new services and exciting things that everyone could benefit from and wouldnt have to own X coin or Y coin or Z coin.

In summary, a new ALT coin is only useful and only benefits the community if it is innovative. As far as just changing a few parameters, that's not innovative. People have been doing it for years.

I have a bridge in Brooklyn I'd like to sell for Digicoins as well, PM me if you're interested.

This sounds like the same vulnerability that WeMineLTC released info on a few days ago.

Litecoinforums are down, but here's a bitcointalk link about it:

https://bitcointalk.org/index.php?topic=220641.0

FYP

Why does it matter anyways?

Good to hear Ukyo,

I will seriously consider BitFunder if you send out share ownership in email or something daily.

I just don't want to get caught up in a mess like what happened to GLSBE users.

Let me know when you have something like this in place, and I will try to convince everyone to switch over.  

I am getting tired of manually doing share transfers anyways.  

Thanks!

Hi,

The forums are not broken, but members of the group need to be manually verified before they are allowed posting privileges. We had a bunch of spam bots sign up to the forums, so this was the only way to keep down on the spam.

Also, I allow share transfers from the Forums, so some sort of manual check was necessary to prevent others signing up under someone elses name and selling shares to themselves.

PM Relm9 here on Bitcointalk or on our forums, and he'll get your posting privileges sorted out.