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361  Alternate cryptocurrencies / Altcoin Discussion / Re: coblee will be at Bitcoin 2013 conference! on: March 18, 2013, 07:35:35 PM
Wow, that's great. One more good reason for me to try to make it out.

If you go, I can finally put a face to your name.  Wink
362  Alternate cryptocurrencies / Altcoin Discussion / coblee will be at Bitcoin 2013 conference! on: March 18, 2013, 07:29:47 PM
I will be at the Bitcoin 2013 conference (http://www.bitcoin2013.com) this May in San Jose.
They've invited me to be on the panel to talk about alt chains. (http://www.bitcoin2013.com/bitcoin-2013-panelists.html)
If you are also going, come say hi.
363  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC Wall Observer - BTC-e wall movement tracker on: March 12, 2013, 11:48:40 PM
So are you agreeing or disagreeing?

Because...

Litecoin will be half of that 20%, if it's lucky. 

is pretty much the same as...

LTC will have 1/10th of the popularity & use of Bitcoin
364  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC Wall Observer - BTC-e wall movement tracker on: March 12, 2013, 10:00:36 PM
FYI, gold/silver ratio is about 55/1 right now.
365  Alternate cryptocurrencies / Altcoin Discussion / Re: Here's why no one was GPU-mining Litecoin from the start on: March 03, 2013, 02:47:25 AM
There was no proof that the Litecoin chain bloating was done by a Solidcoin supporter. I only suspected it becuase they were so anti-Litecoin. And I don't remember of any Solidcoin chain bloating attacks. But there were some attacks on Solidcoin that caused the clients to crash. This was before Litecoin launched IIRC.
366  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin blockchain data torrent on: February 21, 2013, 08:21:14 AM
I've tried a few times and couldn't get this to work. First time, I just put the bootstrap.dat file there and tried to run it against my current blocks. It didn't like that and got stuck.

The next time, I deleted all my block data and tried it again. This time it got stuck at block 211551 (iirc) and wouldn't load any block after that. Looking at the debug.log, I see that my peers are trying to give me blocks higher than that but my client keeps rejecting them for some reason.

The third time, I tried the same thing again. This time, when it got to block 155088, it gave me a database corrupt message and the client quit. Restarting the client does the same thing:
init message: Importing blocks from block database...
LevelDB read failure: Corruption: block checksum mismatch

I'm running this on a Mac if that makes a difference. Seems like 0.8 is buggy.
367  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin blockchain data torrent on: February 20, 2013, 05:57:56 PM
If I already have some block data and want to replace them with this, do I need to delete my blk*.dat files? How about the blocks or chainstate directory?
368  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin faucet on: February 16, 2013, 01:11:50 AM
@crazy_rabbit wow Shocked thank you, I'll add you to the donations page  Grin

The donation address is the faucet's address. I don't keep the coins, I just distribute them Cheesy

Later edit:

Another payments has been processed :-)
http://explorer.litecoin.net/t/3JNm7Z7Qiv
0.7 LTC fees?  Huh

The last two payments had no fees, how can I avoid high fees? Smiley

Yes, we will likely be reducing fees for the next release. But for now, don't send transactions with any output less than 0.01 litecoins. Those are considered spam since that's $0.0007. Each transaction less than 0.01 ltc will force you to pay an addition 0.1 ltc in fees.

Also, don't send such huge transactions. Large transactions (in bytes) will require fees.
369  Alternate cryptocurrencies / Altcoin Discussion / Re: Greedi and Coblee and Litecoin on: February 15, 2013, 10:05:41 PM
Thanks to Someguy123 backing up the database, it doesn't have to be started from scratch. He just imported the db to his server and I pointed forum.litecoin.net to his server. Most people wouldn't even have noticed the backend change.

Quite impressed with this feat, you surely got some good hands helping you there  Wink

Well myself too to prompt them to go back everything up and then some and make sure everything was backed up before things got changed.

I am quite shocked at what greedi has done here from been a really good guy now going to resulting in all of this. I thought you where better than this greedi I really did.

Actually, all credit goes to Someguy123. While I was trying to figure out what was going on, I didn't even think of backing up the forum. I guess I was just too naive to realize that Greedi can just all of a sudden disappear and take all his servers down. The second Greedi mentioned leaving, Someguy123 immediately went to backup everything. And he barely managed to do before he lost admin access! Though Greedi did send a last message saying he wasn't trying to screw Litecoin over, but who knows what he was really thinking. I thought I knew him well too.
370  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC is CENTRALIZED by Balthazar on: February 15, 2013, 06:06:18 PM
Good that you said that you don't understand Litecoin at all.
It has a small difficulty because it use the Scrypt, and not the SHA256 method.

The small difficulty is actually a result of the faster block generation algorithm.  Actual difficulty in terms of number of trailing zeroes for the block header hash is different.

Not quite. The small difficulty is because it takes longer to produce each scrypt hash when compared to Bitcoin's sha256 hash. It's about 1000x difference when you compare the same GPU mining bitcoins and litecoins. So a 500 mhashs/s network hashrate is about equivalent to 500 ghashs/s for Bitcoin.
371  Bitcoin / Mining speculation / Re: When will we get a network hashrate of 1 petahash/s? on: February 15, 2013, 11:08:58 AM
I just did a calculation for your Avalon. If network is 500 thash and your electricity is $.48, you're ROI is 8.7 months. Not as bad as you'd think, but still not very good. But we are using very high electricity costs.

So my point is at 500 thash, you may not want to buy an Avalon, but there will be plenty of people with lower electricity costs that would keep buying BFL machines and still see ROI of a few months. And those machines will likely go down in price before the year is over.
372  Bitcoin / Mining speculation / Re: When will we get a network hashrate of 1 petahash/s? on: February 15, 2013, 07:11:41 AM
After 200, 300 or 400TH the possibility of breaking even on ASICs becomes a longshot projection (a 4 year ROI may never materialize).  So either ASIC technology will need to advance significantly (ie 2 or 3 fold more power per same cost) or the price of Bitcoin would have to go up to make it feasible.  If BTC valuation is going to go up, it would be just easier to buy coins and sit on em.

I can't see Petahash happening this year

I'm not sure how you are doing your calculations. From my calculations, ROI is much better.
Using http://www.alloscomp.com/bitcoin/calculator

Let's take the SC Mini Rig as an example, and assume their specs are correct.
$30,000, 1.5 thash/s, 1500 Watts

With the current difficulty of 3275464 and network hashrate of 23.4 thash/s, 1.5 thash/s produces 230 btc/day and uses 36 kWh/day, which costs $10.80 (if electricity costs 30 cents). At current exchange rate of $27/btc, you'd make $6200/day. ROI = 5 days!

If difficulty is 10 times of today (i.e. 234 thahs/s network hashrate), you'd still make 23 btc/day, which is $610/day after subtracting electricity. ROI = 1.6 months!

If difficulty is 50 times of today (i.e. 1.17 phash/s network hashrate), you'd make 4.6 btc/day, which is $114/day after subtracting electricity. ROI = 8.7 months

This calculation assumes that btc/$ doesn't change and difficulty doesn't change, but you get the picture. No where near as bad as you claimed.
373  Bitcoin / Mining speculation / When will we get a network hashrate of 1 petahash/s? on: February 15, 2013, 02:36:29 AM
Seems like ASIC miners are about 50x more efficient than FPGA miners in both $/hashrate and $/watt.
50 * the current network hashrate of 24 terahashs/s is 1.2 petahashs/s. So when will we get there?

Note: a petahash is 1000 terahash
374  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC is CENTRALIZED by Balthazar on: February 15, 2013, 12:53:36 AM
Like Satoshi didn't premine a buttload of coinage(2.1mil?)

The difference is he deserves them.

+1

I premined 100 ltc. I want to think that I deserved them too. That's worth about $7. I think I might go buy myself a couple smoothies! :p
375  Alternate cryptocurrencies / Altcoin Discussion / Re: List of all Crypto Currency Sites on: February 14, 2013, 05:30:18 PM
Nothing wrong with the Litecoin github page.

Some other Litecoin sites:
explorer.litecoin.net
wiki.litecoin.net
liteaddress.org
376  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin port of Bitaddress.org? on: February 14, 2013, 04:43:53 AM
Updated! http://liteaddress.org/
It looks very cool.
377  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin port of Bitaddress.org? on: February 14, 2013, 12:19:56 AM
I just cloned the latest from github and put this together: http://liteaddress.org/

Is there any way the client itself could include a "print to paper" option ?

Possibly. But how useful would that really be? Maybe we just need to add a export private key option.
I would not make sense to use those keys as a normal paper wallet (where you typically send money to it once or more times and only redeem it once) since a lot of those address are throw away addresses and change addresses.
378  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin port of Bitaddress.org? on: February 14, 2013, 12:17:41 AM
I just cloned the latest from github and put this together: http://liteaddress.org/

awesome!

i found a bug in it today though, and then i realised the same bug is also in bitaddress.org...

on the first tab, in chrome 24.x, i clicked Generate New Address many times and a little too fast and eventually the QR codes stopped working and just showing solid black squares

after that, no amount of clicking Generate New Address would bring back the QR codes... it just stayed solid black

i had to refresh the page to get those QRs working again


could someone please try to replicate this?

edit: this time i tried just clicking very slowly and counting... the QR codes still turned solid black after 18 clicks of the Generate button.

What browser are you using? I'm using Chrome and I cannot replicate this problem.
379  Alternate cryptocurrencies / Altcoin Discussion / Re: Greedi and Coblee and Litecoin on: February 13, 2013, 11:20:43 PM
what happened to litecoin forum before that it has to be started from scratch as efx said

http://forum.litecoin.net/index.php/topic,1179.msg6759.html?PHPSESSID=5rhfdvv322185tkjg5adctbpr6#msg6759

Thanks to Someguy123 backing up the database, it doesn't have to be started from scratch. He just imported the db to his server and I pointed forum.litecoin.net to his server. Most people wouldn't even have noticed the backend change.

was this weeks ago?

About 12 hours ago.
380  Alternate cryptocurrencies / Altcoin Discussion / Re: Greedi and Coblee and Litecoin on: February 13, 2013, 11:03:57 PM
what happened to litecoin forum before that it has to be started from scratch as efx said

http://forum.litecoin.net/index.php/topic,1179.msg6759.html?PHPSESSID=5rhfdvv322185tkjg5adctbpr6#msg6759

Thanks to Someguy123 backing up the database, it doesn't have to be started from scratch. He just imported the db to his server and I pointed forum.litecoin.net to his server. Most people wouldn't even have noticed the backend change.
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