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I have posted here several times in support of sub forums, even went so far as to make a thread about it.
My requests get denied each time.
So, here's to one more denial...
+1 to needing sub forums
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Seriously, you're using reddit as your expert witness? ROFL
I hope waitingforpizza is trolling. If not, waitingforpizza and the OP have a brain the size of a peanut.
They have no idea what they're talking about as well. Nothing to see here...
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Lol... good luck convincing the big GPU farms and Botnets into killing their cash cow. I'm sure they will set aside the $1000s in profit just so you can realize this dream.  |
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Did Sunny King's difficulty algorithm not fix the chain? I think he extended it to 12 or 24 hours or something like that, that is, these are the timespans from which to calculate the exponential weight averages from, but that's still a fairly short period of time and you can attack by mining like crazy for a couple hours and then hopping back on a while later.
I did not fix anything in terracoin, I only told the dev about the 51% difficulty collapsing vulnerability. In an attempt of dealing with the oscillation exploit you proposed the Terracoin dev chose to implement a difficulty adjustment with averaging interval of 720 blocks while keeping the adjustment interval still at 30 blocks. This approach turned out to be a wild amplifier that swings difficulty through 5 orders of magnitude back and forth. The fault lies mainly not with ASIC miners but the faulty adjustment algorithm. Thanks Tacotime! Sheezh. ;-) It's all your fault Taco   |
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Thinks for the feedback guys, perhaps I can come up with some sort of brand name instead.
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I would prefer the number to be presented as a number and not as a string, ie "1" and not "one". Also in the opposite part I'd like it to have the number with big font in the center, and a nice font in the background (i.e. many LTC miniature fonts diagonially). Take the 2 Euro coin for instance.
It will cost about $5000 to make a really secure tamper proof custom hologram with advanced security features, so unfortunately I cannot put different numbers on them because it would cost too much (5000*7 designs.... ouch). |
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Great, definitely going to buy them (I'm a sucker for these physical crypto coins  ) Your last design is the best, and I think it will be nice in real form, if possible also do the 1's and 0's on the side like in that 3D model. Only the typography could be a little bit better in my opinion . I don't like the proportions of the letters, seems like they are squeezed together and the alignment isn't perfect. But I suppose because it are only guidelines the designer working on the 3d will see this too. For the value, I think the safest is to start with a plated one with not to many coins loaded. I don't have a problem to trust you right away with a small amount. But immediately buy for example a 1oz silver one with 1000ltc loaded on it seems a little bit too much and I think most people will. So start small like casascius did, and start to think about silver ones afterwards when they are a strong and trusted brand. ...ow and don't forget to make a typo in the first batch, lol Thanks for the kind words, I'm definitely gonna tweak the design a bit more, these are only rough drafts. The guys that make the die for the coin will make sure everything's good too.  I am definitely not an expert photo shopper... I just liked the idea of this project.. bringing physical currency to an ALT coin. Hopefully I can get the details pegged down soon. I like your idea of starting small.. I'm beginning to realize how expensive everything will be... yikes. Definitely gonna have to start small!  Is it better with or without the numbers? (numbers are not perfectly centered yet)  Thanks matauc12 for the feedback again! |
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This is where I'm at now... Thanks for your help guys, I want you to like them- so please keep giving me feedback!!  |
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its your favorite, as it is mine great revise. Should update OP with this revision added for traction. Thanks for your feedback I think I was trying to do too much and simply didn't want to copy the Litecoin logo, but since it looks better plain and simple like this, might as well keep it that way. |
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A simpler design based on your recommendations, I actually like this one the best so far:  Also, notice that because I'm not making this in a 3D modeling program, my coin probably will not look as nice as the coin you guys posted earlier as an example. After it's in its true form on a coin it will look similar... it won't actually be as colorful as this. The people making the coins will do the 3d stuff for me, I just need to give them some guidelines of a design to work off of. |
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Man, it almost seems like I'm never going to come up with a design that everyone likes :\
To get these made will be thousands and thousands of dollars, so I need something most people will like so I can sell a few and don't waste a lot of money.
So you guys want something that looks.. for lack of better words.. more like a coin?
Ok, back to the drawing board...
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Do you guys like these better? They're a little simpler.  I like the 2nd. Thanks. I've been trying to add a little more to the design so it doesn't seem like I just copy and pasted the LTC logo. I wanted to give the design my own touch. But, if everyone just wants something really simple, then that works works for me I guess. |
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You really want most if not all lettering closer to the edge, small, non-numerical and following the edge (sorry, the word to describe thus currently eludes me, but "rounded, not straight")
Also, concerning silver coins, that would be great and personally I'd pay 2-3$ more per 1oz if it was ltc, I'd buy a lot too, and I guess that price premium seems fair, so you could calculate your margin of that price. (I'll also strictly say at 4$ premium per oz, it becomes too much of a bad investment)
NFC chip in them would be so great too (obviously not the silver ones because of the smelting mess)
Thanks for the advice. Are these any better? I feel like they're getting worse and worse lol.. and no ones hardly giving me any feed back, so that makes me think that they are all really horrible!   |
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bump- looking for more constructive criticism |
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1 OZ Silver?
I was thinking of carrying both a 1 OZ silver coin and a cheaper nickel plated version. The 1 OZ silver coins would only be available in certain denominations (at least starting out... this stuff is expensive to make.) Also, the 1 Oz silver coins may not be ready at launch as I might not have the funding for it... nickel plated is much cheaper. |
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Love the idea. Get rid of the tiny lettering inside the design (five ltc, ten ltc,etc), make it the normal solid grey/silver litecoin logo. increase the whitespace around the outside of the coin, and put your value and lettering there.
Good stuff bud, will be watching and picking some up.
Thank you for your suggestions. I am definitely interested what you guys think of the designs, as I want everyone to like them. Cheers, Ch |
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Any idea on mint cost +spot? Shipping? Looks like a helluva idea. I'm just sort of gauging interest- I'm only just now completing the designs, the pictures I posted are somewhat of a rough draft. I'll have a better idea on costs soon and shipping would be from the US. |
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I am excited to announce that I am finalizing the designs and talking with a reputable tamper proof hologram company to make a physical Litecoin!!! Security: I am using a very expensive high security tamper proof hologram to secure each private key. It will be made with a high DPI dot matrix printer with several security features that will make it nearly impossible to forge. On top of that, our hologram will be registered in a database with all the reputable high security tamper proof hologram companies that make these things, and they will refuse to make it for anyone but me. As an added security protection, there will be a window on the back of each coin that reveals the firstbits so you can look the address up on any block explorer to ensure it hasn't been redeemed. That way you can have peace of mind when buying and selling the coins that it is actually loaded with LTCs!! All private keys will be created on a freshly installed OS on an offline computer, then encrypted. Also, coin inserts will be printed immediately during the address generation. The private keys and public addresses will be saved after being encrypted on two USB drives, which will be stored in a safe. When each coin is made, the private key data for that coin will be destroyed, leaving the only back up of said private key hidden under the tamper proof hologram. Security is my main concern and be sure it is not taken lightly. Coin Type:First batch will be nickel plated. 1 OZ silver rounds to follow shortly thereafter (dependent on the success of the first batch of coins.) Unfortunately all denominations will not be made at launch as it is too costly for me. However, I plan to get at least every denomination shown above done over the coming months. I plan on making 1000 coins for each denomination, to keep costs as low as possible and pass this down to the customers. So, in the first batch there will be 20000-4000 coins made depending on how much funds we can come up with for the project. OrderingNo preorders at this time. Check back in the near future. Expected Release:Soonish What I need from you:Your opinion on the design and what denominations you would like to be able to buy. I'd like to thank Casascius for the inspiration to undertake this project! https://www.casascius.com/UPDATE:As stated earlier, I have delayed production a little bit so that I could get a better design. I have had 5 designers design something for me. I am interested in hearing your opinions on what you like and don't like about the designs. Thanks: LikeHero:   Xqisit:  Zinodaur:   Smeagol:    Beefsock:  |
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I see a lot of people talking about it and have read more than a dozen posts. People talk of setup and lower hash rates etc....
For the same cards: say 7970 / 5990 / 6990 --- what kind of earnings could you bring in compared to BTC?
There are many btc calc (of varying worth) out there - but i haven't found one for lightcoin, or a hash rate list for cards either.
Please help inform someone worried about the coming hash glut with BTC.
Try searching for a LITEcoin calculator instead... (it's Litecoin not Lightcoin ) All joking aside, this is a good resource on the profitability of GPU mining different currencies: dustcoin.comGood LTC Calculators: http://ltc.kattare.com/calc.phphttp://give-me-ltc.com/calc |
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