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1081  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 18, 2011, 06:38:05 AM
I'm starting to work on a feature to add the ability to mine from the client. Here's what I plan to add and the order I'm working on:

1) Turn generate on/off in the options and for that option to stick.
2) Show in the UI the mining hashrate and other mining related information
3) Add option to point to a pool instead.

What do you guys think? Would this be useful?

Ok, implemented 1 and 2: https://github.com/coblee/litecoin/commit/d7ff5b84be27512e6811a92540824245a9702913
You can now start/stop mining from the option pages. You can also limit the number of processors used.
The status bar now has a new icon. Unfortunately, the icon doesn't change, but the tool tip will show you your hashrate.

Who wants to help me create a colored mining icon that I can use?

I'm building a Windows client binary now.

Windows binary uploaded: https://github.com/downloads/coblee/litecoin/litecoin-windows-client-50000.zip

Please help me test it. Thanks!
1082  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 18, 2011, 06:14:12 AM
I'm starting to work on a feature to add the ability to mine from the client. Here's what I plan to add and the order I'm working on:

1) Turn generate on/off in the options and for that option to stick.
2) Show in the UI the mining hashrate and other mining related information
3) Add option to point to a pool instead.

What do you guys think? Would this be useful?

Ok, implemented 1 and 2: https://github.com/coblee/litecoin/commit/d7ff5b84be27512e6811a92540824245a9702913
You can now start/stop mining from the option pages. You can also limit the number of processors used.
The status bar now has a new icon. Unfortunately, the icon doesn't change, but the tool tip will show you your hashrate.

Who wants to help me create a colored mining icon that I can use?

I'm building a Windows client binary now.
1083  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 18, 2011, 04:53:17 AM
I'm starting to work on a feature to add the ability to mine from the client. Here's what I plan to add and the order I'm working on:

1) Turn generate on/off in the options and for that option to stick.
2) Show in the UI the mining hashrate and other mining related information
3) Add option to point to a pool instead.

What do you guys think? Would this be useful?

sounds great.  but maybe the pools could be in a user-editable table, or have that option as well? (kinda like gui miner).

Also, is this going to come with just a general miner, or every optimized one released thus far?

keep up the great work!

Maybe initially, it will just be an option to set 1 pool and just have the generic miner that's already included in the client.
Once I have that done, I will see what the interest is to include something like minerd with the client.
1084  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 18, 2011, 04:44:06 AM
I'm starting to work on a feature to add the ability to mine from the client. Here's what I plan to add and the order I'm working on:

1) Turn generate on/off in the options and for that option to stick.
2) Show in the UI the mining hashrate and other mining related information
3) Add option to point to a pool instead.

What do you guys think? Would this be useful?
1085  Other / Archival / Re: delete on: October 17, 2011, 05:28:18 PM
Obviously not a scam considering being an Arbiter node is voluntary and you pay to protect your network.  If you don't want to pay the CPF you can choose not to become an Arbiter node, all it takes is to not amass a million SC's into a single wallet on your mining client.  Then done deal, your not an arbiter node and you don't pay the CPF fee.

Details on this? I thought that the rules simply were "have a million solidcoins, become a trusted node".

That is the rules, but those rules do not prohibit anyone from gaining that status, in theory everyone could get that status, the catch being that once you have it, you are in essence opting in to pay the CPF fee since only the trusted nodes pay it.  If you don't like the CPF fees, then you fragment your wallet such that all of your coins are not hoarded into a single place which in and of itself is dangerous since now your wallet gets big googly eyed attackers interested in it.  To be an Arbiter node will take on a lot of optional risk but with that kind of $$ even at low exchange rates you had dang well be able to afford top notch protection for your server(s) and the CPF fee would be peanuts to you.

So yes the Arbiter nodes will be decentralized just in a limited fashion as we get more Solidcoin millionaires+ who want to take on the risk and CPF fees at the benefit of acting as additional network security.

What I don't get is why would anyone who has amassed a million solidcoins really want to be an Artbiter node? Why would you want to put all your coins in one basket and ask for attention PLUS have to pay a fee for each trusted block you find? The reason to help protect the network so you help preserve your investment is pretty weak. If I had a million solidcoins, I'd keep them in a thousand separate address and keep a low profile. The only reason to become an arbiter node is if you get something out of it.

For example, I can imagine that if I become an arbiter node, I will only release a trusted block confirming my own mined blocks and release them as a pair. And create some kind of mining cartel and steal blocks from the poor. That's the only thing I see happening. So the future of solidcoin is either a mining cartel OR keep with the appointed arbiter node with unspendable coins where CH/RS gets to pick his trusted nodes. Neither of those futures are very appealing to me.
1086  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 17, 2011, 08:44:13 AM
Thanks everyone for being so supportive of Litecoins!

I said this in the first post last week:
Yes, it is true that without a stash of premined coins, we will not be able to afford to pay for bounties, but we believe people will see the virtue of this coin, invest in it as early adopters, and will be willing to spend time creating services to make this coin better.

I'm pleasantly surprised that this has already come true in the first week! We now already have:
 - a nice homepage (thanks to terrytibbs): http://litecoin.org
 - 3 pools (that I know of): http://litecoinpool.dyndns.org/ https://lc.ozco.in/ http://pool-x.it.cx/
 - an exchange (with another coming soon): https://btc-e.com/exchange/ltc_btc
 - a block explorer: http://blockexplorer.sytes.net/chain/Litecoin
 - some kick ass graphs: http://litecoin.kicks-ass.org/graphs/graphs.html
 - a Litecoin lottery site: https://btclot.com/ltc/

All this, and I didn't have to pay a single bounty!

1087  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 2 Release - Monday 10th October 23:35 UTC on: October 17, 2011, 04:30:06 AM
Lying to mods is not a bannable offense.

I think lying to community members about your cryptocurrency should be a bannable offenseŚ after all, if you don't do so you're just enabling people to defraud others since people make guesses about the value of those currencies based in part on the claims people make.

I agree. I'm not sure why lying to mods is not a bannable offense. If you don't punish people for lying to you, then why would anyone tell you the truth if they have something to hide? It doesn't make sense to me. If anything, I think lying to mods is the worse than just trolling. When someone's trolling and it bothers people, people can just ignore them. If someone is outright lying and trying to defraud others, how is that different than being a scammer?

Of course, I'm not saying that CoinHunter is indeed lying. But if he (or anyone else) is caught lying to mods, they should be punished. Maybe give them a scammer label.
1088  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin, Maket size on: October 16, 2011, 09:41:37 AM
sc is still the leader by far, but ltc is gaining up first.

You can't really compare SC hashrates with TBX/FBX/LTC. On the same CPU, SC shows at least 3x more hashrate from the reports I've seen. Plus, Sp0tter says that he doesn't account for the every other block being difficulty 1 correctly yet, so that may also have inflated the hashrate numbers for SC.

Ok lets consider a factor of 6x, SC still leads the field.

Sure. There's definitely a lot of SC miners.
1089  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin, Maket size on: October 16, 2011, 09:37:45 AM
sc is still the leader by far, but ltc is gaining up first.

You can't really compare SC hashrates with TBX/FBX/LTC. On the same CPU, SC shows at least 3x more hashrate from the reports I've seen. Plus, Sp0tter says that he doesn't account for the every other block being difficulty 1 correctly yet, so that may also have inflated the hashrate numbers for SC.
1090  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 16, 2011, 02:15:31 AM
I've just noticed that although http://litecoin.org is looking nice,  http://www.litecoin.org shows the tenebrix home page - me is confused.

They need to fix the redirect in the .htaccess

RewriteEngine on
RewriteCond %{HTTP_HOST} !^www.litecoin.org$
RewriteCond %{HTTP_HOST} !^litecoin.org$
RewriteRule ^(.*)$ http://www.www.litecoin.org/$1 [R=301]


Uh, why was the website redirecting to tenebrix in the first place?

Tennebrix, Fairbrix and Litecoin were all closely developed together by the same people.

terrytibbs helped me with the Litecoin homepage. He also worked on the Tenebrix homepage. They are all served from the same machine I think.
1091  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin Now officially most secure p2p currency on: October 15, 2011, 09:10:16 AM
I can confirm I sent it LOL   Grin Grin Grin

I did give them a demonstration of the Solidcoin scam!

Viperjbm has spewed for weeks I have millions of TBX so I told him what he wanted to hear. (block explorer proves false)

I will not bother BTC-E because they trade in GG and TBX and as well BTC.

and the more he argues with me, the bigger Anti-SC voice I get.

Anything else??



Added: Solidcoin fanboys come here and spew garbage, we don't go over there. Don't come over here running down our coin and not expect a fight.

Is it true you have 250k of SC mined in the first 24-48 hours?
Bye selling them off you could crash the market.  Grin

You don't even have to sell a coin, just putting in a sell order of 250k coins would scare away all of us Cheesy

According to BitcoinEXpress, he can't move his coins without attracting attention and CH/RS and his trusted nodes can remotely zap his client and render his transactions void. So when he tried to move large amounts of coins, that's what happens. If it's true, it's seriously wrong.

And the whole thing with CoinHunter asking BitcoinEXpress to move a large amount of coins to prove himself is interesting. CoinHunter may be just baiting BitcoinEXpress to move those coins so that they can remotely nullify them.

I think the truth will come out eventually...
1092  Other / Archival / Re: delete on: October 14, 2011, 11:00:40 PM
Wow, nice to hear that they don't want anything to do with SolidCoin.
1093  Alternate cryptocurrencies / Altcoin Discussion / Re: solidcoin24 Exchange [BTC,NMC <-> SLC] on: October 14, 2011, 08:37:57 PM

Who's DBX?

I'm interested in your response to this post in case you didn't see it:
https://bitcointalk.org/index.php?topic=48004.msg573571#msg573571
1094  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] ! First Live, working, wonderful haha LiteCoin Pool! LTC! on: October 14, 2011, 08:31:36 PM
Hi everyone,

Complete noob to pool mining. Can someone help?

Which program do I use for pool mining? Windows client binary, daemon, litecoin-windows-miner-10-10-2011.zip (crashes on me) or something else?

Which file do I have to configure? Where do I put my information? I have already registered.

Thanks everyone.

n.olmos

I'm not going to be able to help you so much. Some of the fish in here don't play with windows very much. I can give you step by step build instructions if you want to dual boot into linux. But if the windows daemon is crashing on you, not going to be able to help you. Sorry.

I don't do windows either, but I heard windows binary crashes when you don't pass in anything. Try running "minerd.exe --help"
1095  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 14, 2011, 07:41:31 PM
This thread is getting too long.
Let's create more specific threads now that we are sure that LiteCoin is here to stay.

If there's something specific to say sure. One thing I'd like to ask people to do is to only refer it as Litecoin.
LiteCoin looks as bad as BitCoin to me. :p

Litecoin - the name of the coin - "Have you heard of Litecoin?"
litecoins - actual coins - "How many litecoins do you have?"
LTC - the short code for the currency - "I sent you 100 LTC"

Got it? Smiley

EDIT: I guess I'm a bit anal like that.
1096  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 14, 2011, 07:37:09 PM
Well, 10k blocks / 500k coins in the first day and a half of existence. Fails just as much as SC2 in that respect... Did I tell you starting diff was too low? Yes. Did you listen? Barely. Did you take action? Nope. Good job. I'll just sit on my tiny stash and see if this can eventually be worth a cent of 2...

PS: I think anyone willing to create yet another fork should meditate on, say, the first 15 lines of this: http://btcserv.net/bitcoin/history/

You will NEVER be able to do that anymore. The reason why bitcoin stayed at difficulty 1 is because only Satoshi and friends mined those first thirty thousand blocks. Yes, it was public, but only a handful of people were playing around with it for fun. These days, you cannot launch a new coin without thousands of people mining it all at once. If you set the difficulty such that it matches exactly the network hashrate you expect, people won't mine your coin and it won't take off. Most people aren't mining a new coin just for fun. So starting at a lower difficulty gets people excited and interested in this coin. You need a community and support in order to launch a successful coin.

By block 12096, the difficulty should match up with the hashrate. I'd say that's a fairly successful launch. If you don't agree, you should launch your own coin at a high difficulty and only mine it with your buddies for a year and then see how well that goes.
1097  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 14, 2011, 07:26:12 PM
If you have a pool, please PM a link and I will put it on the first post.
1098  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 14, 2011, 07:21:34 PM
I have a design concept in mind, and would completely split the bounty if someone takes this idea and cleans it up.    Since the design of this currency is in a digital medium, I wonder if it was possible to have the coin itself by design be somewhat opaque.  Any system that is able to run litecoin most likely supports and image format that can be see through.  So the coin will have a silver hue and be able to see an L lightly, but the overall color would change based on where it is seen.  Default would be white silver.  In doing this design the coin can in fact be 'lite' even in a digital medium.



See it on black here http://imgur.com/7tVXn

ubuntu font here http://font.ubuntu.com/

litecoin.psd file here with a few background colors as well as you can see what levels of opacity I chose, because I did toy around with that http://www.mediafire.com/?01mwqdiyv01f8o3  

Again, I am not good at getting the circle design done, I think you can see I just pulled a blank coin from google images search.   Also, if someone wants to run with this concept, my final look I think needs cleaned up, but I was going with as minimalist of a design as possible, so no frills were intended with the original concept, just in case someone takes this and runs with it.

Nice! Looks nice and "lite". Keep them coming!
1099  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 14, 2011, 07:13:46 PM
If anyone else want to give it a try, post your logo to this thread.

Not a logo, but a tribute.
Thanks for creating LiteCoin.


That's very cool. Thanks!
1100  Alternate cryptocurrencies / Altcoin Discussion / Re: Should there be a Litecoin exchange? on: October 14, 2011, 07:11:18 PM
I'm not able to vote, seemingly because I'm a scammer. But put me on the second option if you're counting the votes up.

It looks like the voting is all tied-up. I won't intervene then. If BTC-E is going to come out with an exchange this weekend, then so be it. I will look forward to buying some LTC at a low price. Smiley

What could you do to intervene if you wanted to?

I could ask them if they would wait on the exchange until the coin is more stable. I mean they will bound to be a target of a 51% attack, so it might be a good idea for them to wait also.
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