Nonsense. I was mining LTC on first days of launch. In fact my first LTC transaction was received from coblee. Despite that I beleive it's a clear scam. POW was intentionally crippled from day 1 to give certain clever individuals (insiders) a massive head start. They've always been one step ahead. GPU farms while rest on CPU, then FPGA farms and they likely sold IP for ASIC design or design themselfs to make large chunk of money. The lead devs may have been paid off to keep the broken POW, or perhaps they already have few million riding on success of LTC and simply don't want to upset the apple cart. not like either of those actions would be illegal

LTC was falsely portrayed as offering a safe haven to bitcoins inevitable centralization (falsely advertised because it was known to be an untrue statement). That's a big reason anyone messed with it in 2011.  And now its clearly centralised more than BTC ever was, despite offering absolutely new or innovative. therefore it's a leech on BTC. It has no genuine infrastructure. People talk about 5-10x price increase.lol this will take considerable fiat inflow to support the amount dumped by large farms & home miners with electricity bills to pay. it's not sustainable with a limited pool of fiat that actually finds its way into the entire cryptocash economy. catch 22 because it's not free-floating either so when BTC falls LTC gets hit too

Fair enough. I actually don't think it's ascam. I guess I'm just frustrated to see Monero doing so well, and the QCN price struggling.

I have and want to build, but cannot do this. Libcurl error, while configure.

respekt, mit so viel mühe so 'ne infografik zu machen, die man jeden zweiten tag ändern muss

ec2 miners are launching hundreds of instances because it is extremely profitable with this price spike.

Introduction
Bitcoin, a digital currency and payment system introduced in 2009, has been subject to an increasing amount of attention from thieves. Although the system itself is protected by strong cryptography, thieves have stolen millions of dollars of bitcoin from victims by exploiting weaknesses in Bitcoin private key storage systems.

Since Bitcoin's introduction, an increasing number of alternative digital currencies (altcoins) have been created, based on the original Bitcoin client's source code. Even though none of these altcoins have approached the per-coin value of Bitcoin, some have achieved total market caps measuring in the millions of dollars. As a result, these altcoins have also been targeted for theft.

Mass theft of cryptocurrency is usually accomplished through the hacking of exchanges or marketplaces. These thefts are typically well-publicized, and the total number of stolen coins is known. However, another category of Bitcoin theft targets individual users' wallets or exchange accounts via malware such as general-purpose remote access trojans (RATs) or specialized cryptocurrency-stealing malware (CCSM). Due to the skyrocketing value of cryptocurrencies since the beginning of 2013 and the relative simplicity of coding malware and tools to steal cryptocurrency, the Dell SecureWorks Counter Threat Unit(TM) (CTU) research team predicts that CCSM will become one of the fastest-growing categories of malware.  ...

Plus, sending coins to an exchange with payment_id potentially breaks anonymity in one way.

Also, it's very annoying that I must generate a new wallet to create a new address.

It's behind Bitcoin because Cryptonote cannot be pruned or have a TX id.

In it's current implementation, it cannot be used as a currency. There is no proof anyone sent coins to a different address.