Thanks  We hope that every person in this community, instead of just criticizing or comparing this project to others (where the porting is nothing more than a copy and paste even without changing the name to executables), could contribute to its success, with suggestions new features, support for development and help us running nodes and seeds for having a full decentralization. |
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Wow, after Bitcoin Z, now we have LitecoinZ which has the same Equihash algorithm. It's really a new game for miners. Gamble at it. Thanks dev.
Well, equihash is used by many coins because it's the best ASIC killer  |
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Atleast he admitted to it. Which is more than many scammers would do. I still think the whole thing is bullshit but decided to remove my previous post for. Let this be a lesson moving forward, don't try to bullshit people, just tell it straight.
I suppose you are right. Many projects have problems at the start. Still, as you said, the dev team should come straight with these things. Good luck! That's because we are not scammers Just we made an error of not checking and resetting the chain before submitting the initial post, and after was too late for doing this reset. We apologize again for that. PS: From this issue we have learned much for next projects.... never commit a working version on githut before the real start date  Thanks for your patience |
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I don't know about other specified coins, but what do you mean that BTCZ has 74,160 blocks ? He means that they had 74,160 blocks premined or mined before the coin going live to the public.. No, i mean they have 74,160 blocks right now. Thus the LTZ 5,000 already mined blocks are insignificant when compared to these numbers |
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Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.
What does this mean? I'm new so I don't understand. Does this mean that because they did this it's slowing down the system? For example the coin is new but I can only get like 30-35 a day on 1 1070. This is my first time mining a coin this new but I thought I would be able to get alot more.if I'm not mistaken once the coin gets more popular that I will only get less. Can the miners who mine with the asic mine with this coin? Maybe someone who knows a bit more can let us know No way! Equihash is ASIC resistant!! The goal of this project is to have a new and decentralized coin mined from all people involved and not only from companies equipped with large ASCI devices as happened for bitcoin, litecoin and others. The confirmation of the slow blockage is caused by a few miners to the active monopolistic because only yesterday was the official launch. For your information, the maturity of the block is 100. |
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Devs .. please tell us about the 5000 blocks that are unaccounted for ......
Already answer to this question. Please read all posts before make the same question.... Anyway, what's the problem? In 1 day we produce ~600 new blocks, so 5000 is only 1 week mining!! Don't focus on this trifling detail. I repeat, for having more power and decentralization, we need absolutely help from the community on staring new nodes and new seed servers.Thanks |
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Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.
even the developers sleep sometimes I've already answer to this question; few blocks was mined from developers, but most was mined by someone on the net that started mining before the official annunce. Anyway 5,000 blocks are nothing compared to: Bitcoin has 504,644 blocks Litecoins has 1,351,847 blocks Bitcoin Gold has 509,561 blocks Bitcoin Z has 74,160 blocks Zcash has 256,026 blocks Please focus on: 1) all coins has the same rewards (50 coins) 2) better backport from bitcoin 0.12+ core than others 3) better response time on backports or pulls 4) NO TAX and no founders rewards to mined blocks 5) This is not an Hard Fork so the blockchain was started from zero |
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Seems the wallet doesn't work for me, I have no idea what app inside the compile file is working, do you have a simplified wallet like qt wallet.. Thanks
Hi folks, if someone has issue compiling or rrunning LitecoinZ, please check if this document could help https://github.com/litecoinz-project/litecoinz/blob/master/README.mdIf this does not help, please open an issue on https://github.com/litecoinz-project/litecoinz so we could check together what is wrong. I've successfully compiled on both Linux and Windows and they works without any issue. I remember to everyone that for a great success of this project we need more nodes and more seeds Thanks Thanks for your reply, but i have a hard time to compile, can you please provide us a simple qt wallet for windows, especially for the users who have no idea on compiling wallet.. Thanks The precompiled Windows binaries includes a Java GUI QT inside the zip file. All you need to do befire starting is to manually dowloand the parameters file and manually create the litecoinz.conf as described here https://github.com/litecoinz-project/litecoinz/blob/master/README.mdA full and native QT GUI (litecoinz-qt) is still under development. |
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Diff jumps from 10.46 to 2133.38 in only 30 minutes ./src/litecoinz-cli getinfo
{
"version": 1001450,
"protocolversion": 170002,
"walletversion": 60000,
"balance": 0.00000000,
"blocks": 5604,
"timeoffset": 0,
"connections": 5,
"proxy": "",
"difficulty": 2254.619049218881,
"testnet": false,
"keypoololdest": 1516138552,
"keypoolsize": 101,
"paytxfee": 0.00000000,
"relayfee": 0.00000100,
"errors": ""
} Have a nice trip. Wow you're right. Last hour only 3 blocks? during last 6 hours 405 new blocks were mined (67 per hours ~ 1 every 2.5 minutes ) |
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Seems the wallet doesn't work for me, I have no idea what app inside the compile file is working, do you have a simplified wallet like qt wallet.. Thanks
Hi folks, if someone has issue compiling or rrunning LitecoinZ, please check if this document could help https://github.com/litecoinz-project/litecoinz/blob/master/README.mdIf this does not help, please open an issue on https://github.com/litecoinz-project/litecoinz so we could check together what is wrong. I've successfully compiled on both Linux and Windows and they works without any issue. I remember to everyone that for a great success of this project we need more nodes and more seeds Thanks |
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This is the exact thing i was asking It really isn't any different technology wise except the coin supply Same algo (Equihash) but: 1) fast and more bitcoin 12+ ports 2) compile the same project on Linux & Windows 3) path and executables with the right name 4) different public and private address / keys 5) in roadmap: building QT GUI 6) open to new idea.. just propose them post them as pull request 7) etc etc etc Please check the source code and commits on guthub |
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This is an example of the litecoinz.conf file:
rpcuser=USERNAME
rpcpassword=PASSWORD
server=1
listen=1
addnode=88.86.186.158
Change USERNAME and PASSWORD with yours.
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LitecoinZ 1.0.14 is available! Github: https://github.com/litecoinz-project/litecoinzOfficial Website: https://litecoinz.info/What is LitecoinZ?LitecoinZ is a decentralized cryptocurrency based bitcoin compatible on the Zcash core. It utilizes the Equihash algorithm with ZK-snarks, T-addresses and anonymous Z-addresses. By combining the technologies, LitecoinZ is able to operate as a cryptocurrency with an ability to provide processor unit mining to people worldwide. Specifications- Name: LitecoinZ - Symbol: LTZ - Bitcoin technology - Anonymous transactions (zk-SNARKs privacy) - Bitcoin has all transactions publicly available. - Decentralized GPU mining (ASIC miners are banned, hardforks to prevent ASIC miners are allowed) - Decentralized development / All contributors are volunteers - Cryptography: EQUIHASH - Maximum Coins: 840.000.000 - Block Rewards: 50 coins (forever) - No develovers rewards! 100% to miners! - Block Time: 2.5 minutes - P2P Port: 42954 - RPC Port: 29333 How much premine? No max supply? max supply 84.000.000 No premine. All blocks have 50 coins and they are 100% for who mined the block [edit] premined ~5000 blocks with the same rewards as all future coins. All coins are 100% fot who mine the block |
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