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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] LITHIUM (LIT) - NO PREMINE - BLAKE 256 - MERGE MINED -- HOT NEW COIN -- on: October 04, 2014, 09:31:23 AM
Lithium  LIT

A new proud member of the Blake 256 Ecosystem   ---NO PREMINE ---- SPECIAL FAIR LAUNCH ---

THE FIRST TWO THOUSAND BLOCKS PAY LESS THAN 1/2 OF ONE COIN TO RAMP UP MINING !!!!


Lithium is forked from Bitcoin reference wallet 0.8.5 more specific-- from Blake Coin + Photon

Lithium is in part based from Photon the first Blake 256 merge mined coin.

Blake-256(optimized) faster than scrypt and faster than sha256 in C (asm is still faster for sha256d)

The algorithm was written as a candidate for sha3, Based on round one candidate code from the sphlib 2.1 and
reduced the compression function to 8.
Tweaks Removed some of the double hashing from the wallet as it is wasteful on compute,
No changes to the ecdsa public/private function as that has proven to be secure so far on bitcoin.

What is Lithium ?

A Blake 256 coin based on Photon but with smaller block awards that will decrease over time.
The Max Lithium to be produced are  25,228,800


The block time is 3 minutes and difficulty can retarget a maximium of 10% every 20 blocks
(5% max until block3500)


48 Lithium are awarded for each block  (NOTE -- BLOCKS 1 THROUGH 1999 AWARD ONLY .48 LITHIUM)


In about 1 year from launch time the award will reduce to 24 Lithium


This reduction will cut in half each year until all Lithium have been produced.

After year five instead of cutting in half from 1.5 to .75 the award changes to 1 LIT per block.

Ubuntu 12.04 dependancies that are used on the Linux build machine:



git-core build-essential libssl-dev libboost-all-dev libdb5.1-dev libdb5.1++-dev libgtk2.0-dev libminiupnpc-dev qt4-qmake mingw32 synaptic qt-sdk qt4-dev-tools libqt4-dev libqt4-core libqt4-gui libdb++

SETUP

No .conf file should be necessary to get started: The client will connect to the network when started

Mining is available through the public merged pools

Source Code on Github  https://github.com/lithiumcoin/lithium
(Updated Oct 12, 2014)

WINDOWS QT WALLET https://drive.google.com/file/d/0B0eY_-i3e905Ty05dGxqcS0yWlk/view?usp=sharing
(updated Oct 13 , 2014)

MAC WALLET (coming soon)

Websiite - (coming soon) www.lithiumcoin.net
 

cg miner for blake 256 gpu mining https://github.com/kR105/cgminer-alt

cg miner for blake 256 gpu mining compiled for win http://www.mediafire.com/download/684hf76zz97ak45/Photon+cgminer-blake256.7z

FPGA-Blake256 Miner by Kramble  https://github.com/kramble/FPGA-Blakecoin-Miner


MINING POOLS

If you are currently registered to mine other blake 256 coins you only need to add Lithium to your account

If you are new to the blake 256 merge mining eco system it currently allows the mining of seven coins at one time
with the same hash power.  Each coin is a bit different and there are exact details on the links below to the
pools operated for merged mining.  (Note, this is not switching coins --- you mine all at the same time)


    
    Chiguireitor's Anon Merge Pool                  http://nomp.universalmolecule.co.ve/
    
    BlueDragon747's EU Merged Mining Pool   http://eu3.blakecoin.com/
 
    BlueDragon747's New York Merged Mining Pool  http://ny2.blakecoin.com/
    
    BlueDragon747's Los Angeles Merged Mining Pool  http://la1.blakecoin.com/

    BlueDragon747's Chicago Merged Mining Pool  http://cg1.blakecoin.com/





Additional Technical Details

more nodes if necessary

addnode=66.172.12.77
addnode=108.61.242.204

If you want to solo mine vs. merge mine all 7 coins you must set your rpc port to 8984 (not advised)


magic numbers LIT TestNet
  
         0x0d
         0x15
         0x04
         0x0c

magic numbers LIT main net

         0xf4
         0xa3
         0x29
         0xd5

port 12007
rpc 12000

Special thanks to Bluedragon747

Official Twitter @lithiumcoins
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