So, I have updated legal information on LTCGear. The price for retainer I was originally told is actually $500 per person for the retainer, not $500 collectively. Since at this time we would barely make a dent in that number with donations, I am going to do my own research and see if I can get a more favorable estimate considering the group of people requesting legal action will be quite large.
Still not a scam though LOL. Why would anyone need a new shitcoin for donations. A trusted escrow and a BTC address is all that's needed. This brings nothing but complications to this process. Seriously, how is it a scam. Like I already stated about 6 times, the premine coins are in escrow. I am trying to get community involvement in a specific cause. I am putting in a lot of hours attempting to do something. I have been researching lawyers and donating my time and money to attempt to help. And guess what? I don't mind spending a little bit of money to help. Stop throwing the word scam around every 3 seconds because you don't like the coin. I made my intentions pretty clear. It's fairly obvious that personal profit is not my intention here.
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So, I have updated legal information on LTCGear. The price for retainer I was originally told is actually $500 per person for the retainer, not $500 collectively. Since at this time we would barely make a dent in that number with donations, I am going to do my own research and see if I can get a more favorable estimate considering the group of people requesting legal action will be quite large.
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I found out some more information about the LTCGear legal situation, I will update here later tonight and it will require an update to the roadmap as well. Stay tuned.
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Hahaha, the better you sleep with your pubic, it is unfortunate hero member if you take, look no brainer.
your last sentence makes absolutely no sense... but that's ok since your first comment on that thread didn't either. Because finding interesting a coin, which doesn't bring any innovation, only because it uses it its name ltcgear is kind of pathetic. anyhow, not my problem if you get ripped off again... We all know that many of the people who lost money in ltcgear are more than ready to scam other people to cover their losses... (and eventually makes profit). So either you are in the math challenged, greedy morons bunch sending more and more money to Chris, or in the more greedy other bunch, ok with scamming you and others... One way or the other it isn't my problem, but if you have just a little sense, either you participate in the lawsuit or you forget about it (except for its entertaining factor which is, I must admit, pretty high) I guess you are missing the point and just talking out of your rear end at this point. Any premine money is in escrow at this point to ensure that it will be used to better the development of the coin and follow my roadmap which will be unveiled in it's entirety tonight. So to say I am scamming anyone when I have not sold a single coin(i bought some actually) is just a complete falsification. If you don't like my coin, OK, don't mine it or buy it. I'm OK with that. Just don't call me a scammer because I have gone out of my way to do the opposite. Let alone dev, after all, it is pointless to take care of people like that, stay focused on your project and develop ltcgearcoin. Thank you for the kind words.
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LTCGearCoin roadmap:List of tasks to accomplish:1. Release wallet for windows + linux + github source (complete 9/28/15) 2. Contact pool owners and have pools opened ( 2 pools available as of 9/29/15) 3. Get listed on exchanges (Listed on yobit.net as of 9/29/15, other exchanges have been contacted and ones with voting systems will be approached: ETA 10/4/15) 4. Get Raspberry Pi + Mac OS wallets compiled. (Complete) 5. Open casino or gambling site and contact miscellaneous digital goods merchants regarding accepting LTCGearCoin (ETA 10/12/15) 6. Contact Shapeshift.io and get listed there. 7. Contact current legal counsel handling LTCGear clientele. See if they would be willing to accept any form of crypto as partial retainer for them to proceed. 8. Make arrangements to pay a portion of the LTCGear legal retainer during the initial stages of the process and proceed forward as events unfold. 9. When legal proceedings conclude, have a community vote to rename the coin. As it has already been stated, this coin is legitimately about helping people who lost money via the ltcgear scandal. Concerns were raised by "some" people that my intention was solely to dump premine coins on the exchange. As a first step in a commitment to showing that I am sincere in my intentions, I have escrowed 34,000 coins (all premine coins except for 5000 which were paid for binpool + wallet compiling) The terms of the escrow will be as follows: All XLTCG will be used to further the development of XLTCG and to aid in recovering of funds/ legal action for LTCGear victims. The current escrow is Ozmaster from Litecointalk / coinbar and having been a large shareholder in ltcgear, as well as trusted litecointalk escrow, I feel he is an ideal escrow candidate for this project. If I make a decision to use the funds for a purpose that he feels does not further this stated cause, we will bring the decision to the Bitcointalk and Litecointalk for a consensus which will be gathered by signed messages from LTCGearCoin holders. How can LTCGearCoin help the victims of LTCGear?Very basic steps have been taken in procuring legal counsel for the victims of LTCGear. As it currently stands, names and basic contact information are being collected from all who are willing to come forward. From the information I have currently, there are 2 early steps in the process, each with separate retainer fees. Stage 1) Until I have more information I will just request that LTCGearCoin holders or as many as are willing to, keep track of their staking coins and hold any percentage they wish to give as a donation to LTCGear legal actions in their own wallets. Stage 2) Once the lawyers overseeing the case contact me with more information, escrows will be set up, trusted escrows on Litecointalk and Bitcointalk, to receive donations in both BTC and LTCGearCoin to put towards the legal retainers and other fees. Stage 3) Once the retainer fee has been met, or a deadline for action is reached, the funds will be given the legal counsel and any remaining funds will be held by the escrows until it is determined that legal action can no longer continue, or the case concludes in a favorable outcome for the victims. Should there be remaining funds, they will be dispersed back proportionally to those that donated them. A few notes: 100% of the stake payout of the escrowed coins will be given to the donation fund as well as 100% of any remaining funds once general coin development needs have been met. I personally pledge to donate 100% of the stake of coins I mine as well as 20% of the coins themselves. If for any reason specific to the above stated purposes, coins will need to be converted to Bitcoin, it will be done in a controlled fashion as to minimally impact coin price. If anyone is willing to help in any way with tasks specific to the roadmap, please contact me either here or by email: admin@ltcgearco.in Any suggestions or constructive ideas would be appreciated.
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Hahaha, the better you sleep with your pubic, it is unfortunate hero member if you take, look no brainer.
your last sentence makes absolutely no sense... but that's ok since your first comment on that thread didn't either. Because finding interesting a coin, which doesn't bring any innovation, only because it uses it its name ltcgear is kind of pathetic. anyhow, not my problem if you get ripped off again... We all know that many of the people who lost money in ltcgear are more than ready to scam other people to cover their losses... (and eventually makes profit). So either you are in the math challenged, greedy morons bunch sending more and more money to Chris, or in the more greedy other bunch, ok with scamming you and others... One way or the other it isn't my problem, but if you have just a little sense, either you participate in the lawsuit or you forget about it (except for its entertaining factor which is, I must admit, pretty high) I guess you are missing the point and just talking out of your rear end at this point. Any premine money is in escrow at this point to ensure that it will be used to better the development of the coin and follow my roadmap which will be unveiled in it's entirety tonight. So to say I am scamming anyone when I have not sold a single coin(i bought some actually) is just a complete falsification. If you don't like my coin, OK, don't mine it or buy it. I'm OK with that. Just don't call me a scammer because I have gone out of my way to do the opposite.
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how to mine solo? If you are on windows, you go to your LTCGearCoin folder in %appdata% and add a config file called LTCGearCoin.conf Here is an example of my config file: server=1 rpcuser=somerpcusername rpcpassword=somerpcpass rpcallowip=127.0.0.1 Then you configure your miner to mine on http://127.0.0.1:48522Be advised that the current network hashrate is 600 mh/s so you will need a decent amount of hashing power to find a block. But it's certainly possible with a good GPU or two.
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If I'm willing to put the entire premine in escrow to be used to cover dev costs and donate the remainder to the ltcgear legal fund, how is that a scam?
If you're not willing to spend 5 minutes to fix your OP and another 15 minutes to lay out your plan for the coin then it's quite obvious you only have a pump and dump on your mind. Luckily you're not very bright and this will likely be dead before Chris announces another delay. Obviously you're the one who isn't very bright. Because you keep suggesting that I am going to "pump and dump" when in reality I am begging for an escrow to step up, so I won't have any coins to "pump and dump". It's pretty apparent that you are literally causing trouble for no reason. No, these are all very good reasons. You fixed the glaring errors in the OP only after I pointed them out TWICE. You still haven't disclosed your plan/roadmap for the coin. You made a reference to people "supporting" the coin as if that creates any kind of value out of thin air. You're very quick to attack any criticism without providing any substance to your claims at all. You are "begging" for an escrow (as if reputable escrows would be looking for a random shitcoin thread to offer their services) instead of simply contacting one. Should I go on? How about this - you quit bitching and moaning about "negativity" and post what the big plan is. And you better have a good one because the only thing I hate more than a scammer is a leech like you trying to capitalize on another scammer's presumably gullible customer base. Am I making my reasons clear enough for you? Who says I didn't contact an escrow? I have already made an arrangement with Ozmaster from litecointalk. And yes, I made a mistake in the OP, and I fixed it. It does not much matter how many times you told me. It's still on day 1 of the launch, I'm sorry if it wasn't fast enough for you. I will have Oz post here when he has the coins. I'm going to utilize the ignore button for you because no matter what I do it won't be good enough. I'm sorry you aren't content with your life, you are obviously unhappy about something.
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If I'm willing to put the entire premine in escrow to be used to cover dev costs and donate the remainder to the ltcgear legal fund, how is that a scam?
If you're not willing to spend 5 minutes to fix your OP and another 15 minutes to lay out your plan for the coin then it's quite obvious you only have a pump and dump on your mind. Luckily you're not very bright and this will likely be dead before Chris announces another delay. Obviously you're the one who isn't very bright. Because you keep suggesting that I am going to "pump and dump" when in reality I am begging for an escrow to step up, so I won't have any coins to "pump and dump". It's pretty apparent that you are literally causing trouble for no reason.
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Well, I'm not going to dump. Seriously, getting this coin together cost likely more than I would make by dumping a premine. I am using it to cover partial costs of certain things such as the yobit listing and the block explorer and pool setup.
And according to the source the premine is 1.5%, however in testing some blocks were mined and I thought it would be in fairness to add that to the premine number.
And, as for what it does, I think if the people that lost support the coin, the coin will do well and they would benefit that way. I have a few other things in mind, however I still have decisions to make so I will share the roadmap in the coming days.
Well, if a shitcoin "dev" says "I'm not going to dump" I have to believe him/her, so that problem is sorted. Just curious, how does "cover partial costs" work without dumping? You didn't add any "blocks" to the premine number. It still states 37,500 of 2,500,000. And it states premine percentage twice in your OP. Maybe you should spend some of that not-dumped premine on proofreading and spell checking. And finally this is the biggest crock of shit since Paycoin "floor": "if the people that lost support the coin, the coin will do well and they would benefit that way." I think "people that lost" would benefit much more by NOT "supporting" another scam. If I'm willing to put the entire premine in escrow to be used to cover dev costs and donate the remainder to the ltcgear legal fund, how is that a scam? People are so quick to call things a scam, when at this point it has cost me more than I would likely make back if I was to sell the premine coins on the exchange(which I'm not going to do) You are all so quick to call something a scam, when I am literally sitting here saying that I am willing to make negative profit, as well as make a donation to the ltcgear legal team. So, either A) you don't believe me or B) you are not reading what I am saying. If A is the case, then step up and escrow the coins.
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Purchased the bitget from OP. Installed with no issues. Instructions are relatively straightforward. Thx.
seriously 800shares ? Can't say you own much or lost much... you clearly doesn't represent anyone so no other idea for the name of the coin you created with a coin generator ? (anyone looking at your post history should know, they should not deal with you, ) please pay my 20k$ and get the fuck out ps: again one of those yobit morons with POS coin I didn't create it with a coin generator. And because I bought a script to sell, thats an issue? Sorry if you feel that way. And I didn't have 800 shares, that was just a single purchase. I had quite a bit more. And how am I paying you anything? Good day sir.
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nothing more honest than trying to take advantage of people who were scammed!
I'm not trying to take advantage of anyone in any way, shape or form so your negativity and accusations are unneeded. I would even be willing to put the premine coins in escrow to be used only for development of services for the coin. I intend to dump nothing. If an escrow provider would compile the coin wallet, I will transfer the premined coins(minus the 5000 that paid for the linux builds and pool setup) exchange all of it and send it to the ltcgear legal fund including what you 'paid' for for the builds and pool setup "paid"?, I can prove what I paid, I'm sure the owner of binpool would confirm what I paid him. And the person that is compiling the wallets for that would confirm as well. Please take your negativity somewhere else. And yes, I would be more than happy to make a donation to the ltcgear legal team. You have no grounds to stand on, I can prove what I spent and am willing to escrow the premine funds so it can be assured that they won't be misappropriated.
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nothing more honest than trying to take advantage of people who were scammed!
I'm not trying to take advantage of anyone in any way, shape or form so your negativity and accusations are unneeded. I would even be willing to put the premine coins in escrow to be used only for development of services for the coin. I intend to dump nothing. If an escrow provider would compile the coin wallet, I will transfer the premined coins(minus the 5000 that paid for the linux builds and pool setup)
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Except that his post was neither useful nor informative.
That's rich coming from someone who states this right at the top of the OP: A coin for those who lost at the hands of LTCGear Care to elaborate what this coin actually does "for those who lost at the hands of LTCGear"? And make up your mind on how much you're actually going to dump: Premine : 1,5 % [...] Premine : 1.56 %
Well, I'm not going to dump. Seriously, getting this coin together cost likely more than I would make by dumping a premine. I am using it to cover partial costs of certain things such as the yobit listing and the block explorer and pool setup. And according to the source the premine is 1.5%, however in testing some blocks were mined and I thought it would be in fairness to add that to the premine number. And, as for what it does, I think if the people that lost support the coin, the coin will do well and they would benefit that way. I have a few other things in mind, however I still have decisions to make so I will share the roadmap in the coming days.
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Oddly enough this is the best looking launch in a few weeks.
Sadly it is one of the best looking ones but still not nice enough for us to put a pool up. I wish we had some decent coins to come out on a non-eth base. Some pool ops have lower criterias, we hope them all the best hosting this kind of coin. When you say something like this you should say why. Perhaps you are just too lazy to setup a pool? That statement is ignorant of a pool's costs and validity of newly launched altcoins in general. A trusted pool operator's decision not to open a pool for a particular new launch should help you in your evaluation of whether or not to mine the coin in question. Except that his post was neither useful nor informative. If he doesn't like the coin or doesn't waqnt to open aq pool(i didn't ask him to) then fine. But he basically trashed another pool operator without giving any information whatsoever.
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LTCGearCoin X13 - DPoS & PoW Hybrid HARDFORK AND MANDATORY UPDATE / IMPROVED VERSION 2.0 LAUNCHED 12.04.2016 NEW SPECIFICATIONS AND NEW UPDATED SOURCEVersion 2.0 coin specifications:Version 2.0 switch to DPOS/POW Hybrid ForkTime 1460466951 // 12.04.2016 - 15:15:51 PoW Blocks generate 10 [XLTCG] if > 318000 Block DPOS Blocks generate fixed Reward = [10XLTCG] instead of PoS with 10% Coin name: LTCGearCoin Coin ticker: XLTCG Algo: X13 PoW & PoS: Hybrid Block Time: 60 Seconds DPOS: 10 Coins DPoS Min. Age: 1 Hour DPoS Max. Age: Unlimited Block reward: 10 Coins First stage PoW ~ Total Coin Supply: 2 500 000 Coins & Last PoW Block: 250000 (***notice: actual supply of the first stage ~1.5 million coins) Second stage PoW ~ 10 XLTCG from 318000 Block Premine: 1,56 % Premine amount: 39,000 (around 17,000 left after bounties) Coin mature: 15 Coin Transaction: 10 RPCPort: 48522 P2PPort: 48521 Difficulty retarget: every block Official site:http://ltcgearco.in (has to be updated, for now all relevant information in this post) Wallets:Version 2.0 WindowsQT https://mega.nz/#!W0EH0S6I!lkrFe5A0kjNZ66RbQX4shCFidUdIHrnRdgsaygHUh3MVersion 2.0 Github https://github.com/LTCGearCoin/LTCGearCoin(Thanks to TillKoeln!) version 2.0 - linux QT http://s000.tinyupload.com/index.php?file_id=05833429796960451146 built on linux mint X64 (Thanks to CryptoHobo!) Blockexperts, Explorer is running on V2.0 https://www.blockexperts.com/xltcg The target is 230% from the actual supply *1,5 Million" which would be availabe in the actual year split on PoS , PoW , DPOS *delegated proof of stake* each of them will payout 1/3 from the new coins over the time. Version 2.0 switch to DPOS/POW Hybrid ForkTime 1460466951 // 12.04.2016 - 15:15:51 PoW blocks generate 10 [XLTCG] if > 318000 Block DPOS Blocks generate fixed reward = [10XLTCG] instead of PoS with 10% Please update your wallets, this update is MANDATORYLatest nodes:addnode=178.140.25.85 addnode=95.52.248.10 addnode=176.37.23.74 addnode=5.105.112.250 addnode=176.195.64.224 addnode=192.52.167.94 addnode=86.5.28.9 addnode=192.95.29.72 addnode=82.176.15.155 addnode=5.9.36.211 Block explorer:https://www.blockexperts.com/xltcgExchange:Buy and trade XLTCG at https://www.yobit.net/en/trade/XLTCG/BTCGambling:Blackjack: https://bj.ltcgearco.in (yet has to be updated with the lastest source code of XLTCG) How to get XLTCG for free:LTCGearCoin Faucet http://crypto4free.ml/index.php/ltcgearcoin-faucet/Feel free to donate to keep it running (thanks to 00HasH!) XLTCG : GVGinpxsdxLrM8NNtq16rCVWTkXvog7zAB How to mine:Solo mine to your wallet via localhost:48522 CPU Miner: https://github.com/mammix2/x13-CPUminer (Mammix2's fork of CPU miner) (switch algo to x13) SGMiner SPH Fork: https://github.com/lasybear/sph-sgminer_x11mod (switch algo to x13) SGMiner SPH Fork Compiled for windows: http://cryptomining-blog.com/wp-content/download/sph-sgminer_x13mod.zip (switch algo to x13) Pools and services:UPDATES:April 22, 2016, 06:28:33 PM XLTCG added to the miners multipool: www.zpool.ca (Thanks to crackfoo!) Windows Stratum Server for the XLTCG:ok, here is the Windows Stratum Server. this make it possible to connect with rented rigs directly to your Wallet, similar like solo mining with your own gpu. the Server is nearby ready to use. you just Need to config your AppData\Roaming\LTCGearCoin\LtcGearCoin.conf with standart Infos similar when you mine solo. like this server=1 rpcuser=username rpcpassword=password rpcport=11111 rpcallowip=192.* and 1 file inside the CoiniumServ Folder on the file you Need to paste your ltcgearcoin.conf Settings. and a WalletAddress to receive coins which is generated by your wallet Windows-Stratum\config\pools\pool.json { "enabled": true, "coin": "X13.json", "daemon": { "port": 11111, "username": "username", "password": "password" }, "wallet": { "address": "INSERT-HERE-YOUR-WALLETADDRESS" }, "rewards": [ { "INSERT-HERE-YOUR-WALLETADDRESS": 0 } ], "stratum": { "port": 6511 }, "storage": { "hybrid": { "mysql": { "database": "x131" } } } }
save the files. and start the Windows-Stratum\CoiniumServ.exe thats all. the Server / Stratum is listening on port 6511, so you Need to connect your miner to this address. if you want to use some rented rigs. URL => stratum+tcp://YOURIP:6511 Username => username Password => password if you want to mine with your own rig/gpu you can use your 127.0.0.1 like this URL => stratum+tcp://127.0.0.1:6511 Username => username Password => password -------------------------------------------------------------------------------------------------------------- to Keep it as simple as possible for you i have disabled the most things like the Web-Frontend, Databases, VarDiff. but this is good to go and should work fine. any questions, post your questions. Windows Stratum Server https://mega.nz/#!b5NBHbwB!SnB2cr7TeCUg7Gzb9kn_qw1zdSbvrw8wUDiRqq92xqA Updates in the version 2.0 in brief:-Checkpoints //Hardcoded -Node Server & Nodes //Hardcoded -Tweaked BlockSplit/StakeSplit //Clientside )> Example unsigned int nStakeSplitAge = 1 * 24 * 60 * 60; -Tweaked CombineThreshold //Clientside )> Example int64_t nStakeCombineThreshold = 1000 * COIN; -Updated Wallet-QT //Mac,Windows -Updated Daemon //Linux,Windows -Updated RaspberryPi Client -Swap Back to PoW+PoS //Mandatory -Increasing PoS Rate //Mandatory -add PoW Blocks //Mandatory -BlockTime get split into specific Timings for PoS and PoW //Mandatory -Tweaked Confirmations for Transactions /Mature //Mandatory -Changing PoS min. Coin Age //Mandatory -Fork/Mandatory Update. Any questions? Feel free to ask!Stay tuned!
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This looks a lot like luckyb.it, but off chain, so the effective house edge is going to be lower because no tx fees need to be paid for each bet.
Out of curiosity, what is the max bet size that you allow?
House edge is as low as .9%. The bet size varies based on the moneypot bankroll and board you are playing on. MP follows the kelly criterion when accepting bets.
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