The big problem with the new crypto-currencies is that they start without a fund to list in an exchange, so the vast majority die in a short time, we are campaigning to raise funds to list XMRL in one or several exchanges, and also to maintain the project.

It does not have pre-mining with block extraction genesis, the term pre-mining in blockchain is used when the dev uses block genesis extraction to mine millions of coins, it seems that few know this, when a dev does this, it holds mining for himself to mine the genesis block, this was not done in this project, we have a clean purpose and no frauds or mistakes.

maybe you feel wronged for not being able to mining now, but this is for the good of the project, we have to raise funds to list XMRL in the future in one or several exchanges, since the exchanges only accept listing a crypto-currency with a payment of a large amount ...

currently the reward for finding a block is 0.141600 XMRL.

the tendency is that it is more difficult to find a block if compared to Monero, so we are confident that it can be worth more than the monero itself, obviously if there is a public adherence to the project.

From now on it's all the same, it's the same team working.

we just changed the name and some details.

We can delay in replying to all via PM, due to high demand (thanks all), and also because the Monero Lite account in the forum is new, has certain limitations, so if we delay responding is because we are responding to all by order of receipt.

No, this is not a scam, pre-mining is when dev extracts a genesis block containing millions of coins, this was not done in this project, it does not have pre-mining.

The campaign is to raise funds to list Monero Lite in an exchange, exchanges only agree to list a new crypto-currency if it pays.

The campaign will also to keep the project alive ,as there is no pre-mining.

we were running tests on the network, we get only 150 coins that will be to finance the project. (common mining)

Alternative to Monero? Maybe (we do not have this pretencion), but a decentralized network with Big Blockchain ambitions: Yes, why not?

We are Monero Lite, a new crypto-currency that will not revolutionize, but bring more anonymity, security and fast transactions, all in a decentralized network without any owners, without governments dictating rules, much less abusive fees, the best part, everyone can join us, we are a Team.



Features:

• Untraceable Payments
• Fully Decentralized
• Unlinkable transactions
• Algorithm CryptoNight
• No Pre-Mining

Monero Lite Specification:

• Abbreviation: XMRL
• PoW algorithm: CryptoNight
• Max Supply: 4,752,000 coins
• Difficulty Target: 60 Seconds
• Fee:0.001
• P2P Port: 17000
• RPC Port: 17001

CryptoNote is the technology that allows creation of privacy-centric cryptocurrencies. You can visit their website here. The level of anonymity provided by CryptoNote isn't possible with Bitcoin code base by design. Bytecoin (BCN) was the CryptoNote reference implementation.

Two of the main features of CryptoNote are ring signatures that mask sender identities by mixing and one-time keys that make transactions unlinkable. Their combined effect gives a high degree of anonymity without any extra effort on the part of the user.

Unlike Bitcoin, your funds are not held in the address you give out to others. Instead, every time you receive a payment it goes to an unlinkable address generated with random numbers. When you decide to spend the funds in that one-time address, the amount will be broken down and the components will be indistinguishable from identical outputs in the blockchain.

For example if 556.44 XMRL are sent, the protocol will break it down into 500 + 50 + 6 + 0.4 + 0.04 and a ring signature will be performed with other 500's, 50's, 6's, 0.4's, and 0.04's in the blockchain. Unlike the "CoinJoin" mixing method, CryptoNote mixes outputs not transactions. This means no other senders need to be participating with you at the same time or with the same amounts. Any arbitrary amount sent at any time can always be rendered fundamentally indistinguishable (a mathematical proof is given in the white paper).

The degree of anonymity is also a choice rather than decided by the protocol: do you want to be hidden as one among five or one among fifty? The size of the signature grows linearly as O(n+1) with the ambiguity so greater anonymity is paid for with higher fees to miners.


_______________________________________________________________________________ ____________________________________________________





_______________________________________________________________________________ ____________________________________________________