That's why I said "assuming an identical hashrate"... It is true if the hash rates are (qualitatively) identical. As it is now, you probably need 100+ confirmations in litecoin to equal 6 bitcoin confirmations. Possibly way more, I don't know.
Yup and each litecoin is worth about 1200 times less than bitcoin. So I'd say based on those ratios it is secure for its tiny market value in comparison to BITCOIN |
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I would add that what will make or break Litecoin will be how many new exchanges start supporting trade with them. I think if there were more places to exchange them, there would be more merchants taking them. +1 How difficult would it be for the likes of MtGox or Intersango to add LTC support? A difficulty of between 10-50 thousands dollars or so. Being that you are speaking on it in that matter YOU should fund it! |
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The number of confirmations to accept a transaction is up to the user. Assuming an identical hashrate, it would take 24 confirmations in litecoin to equal 6 confirmations in bitcoin. And one confirmation in litecoin is 4 times easier to reverse than one confirmation in bitcoin. There is no advantage here.
This all depends upon the current total network hash rate. I believe this is true given how young litecoin is in comparison to bitcoin. =) gotta start somewhere! |
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LOL.....yeah remember that phrase they keep touting "Any publicity is GOOD publicity" ...........LAWL!
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8. Was not megalomaniacal douche
9. Was not a paranoid schizophrenic
10. Could do math.
11. Didn't drink KOOL-AID |
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Wow. He's coming after my savings from Scamcoin 1.0. This is pure thievery. I guess I'll have to sell them before getting robbed then... I'm glad I sold all my Shitcoins when I mined SC1 e he he he he he he!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! |
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FALSE. You can't teach that boy shit  This. LOL and I thought I was harsh. I was at least pointing out what Satoshi MIGHT be able to teach RS/CH IF he would even listen. |
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Please add to the list if you can think of anything
Wanted to list all the things Satoshi did well concerning BITCOIN and was able to accomplish without EGO/SELF-GLORIFICATION of himself:
1. designed and implemented bitcoin from its core.
2. recruited non-sockpuppet type people to genuiniely help the project not for monetary gain.
3. didn't tout his LEET programming skills to the world
4. ...
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Looks fine here guys.
Also aren't many of you who criticized many decisions in SolidCoin v2 happy that the developers listened to most of it and removed the stuff or found alternate solutions?
No trust accounts. No trust nodes. Do you guys always need something to whinge about or is it just a hobby?
You need to stop talking for the company and hire a PR guy. Don't make the same mistake twice. He probably can't tell that he is making a mistake. The Coinhunter account most likely has 2/3rds of this forum on ignore turning every thread into a miniature echo chamber for SoiledCoin groupies (both of them). That is the problem with pruning criticism via username, eventually you only get what you want to hear. This also makes for a poor foundation for the discussion of a currencies strengths and weaknesses. That is a very funny thought. (login to bitcointalk.org as SOILEDHISPANTS) (HIT THE ULTIMATE IGNORE BUTTON) (LIVE LIKE A KING IN ALL YOUR EGO AND SELF_GLORIFICATION) LOL!!!!!!!!!!!!!!!!!!! |
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Looks fine here guys.
Also aren't many of you who criticized many decisions in SolidCoin v2 happy that the developers listened to most of it and removed the stuff or found alternate solutions?
No trust accounts. No trust nodes. Do you guys always need something to whinge about or is it just a hobby?
You need to stop talking for the company and hire a PR guy. Don't make the same mistake twice. Didn't you know. There are multiple people that use the COINHUNTER account. Perhaps he has hired someone to pose as him yet he is still failing despite that. LOL |
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Hey CC, is there any chance of you re-opening the i0coin exchange on Bitparking?
With https://vircurex.com/ operating I don't think there's any need for it given the low level of use of i0coin at the moment. If it started getting used for other things I might get tempted. Would it be hard for you to start a Fairbrix exchange??? I miss FBX. I'm sure you miss it because you probably hold about 100k FBX to take a DUMP on the exchange lol nope I don't have any, I just like trading weird coins. One more thing..."trading" can mean SELLING and only SELLING.... |
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Hey CC, is there any chance of you re-opening the i0coin exchange on Bitparking?
With https://vircurex.com/ operating I don't think there's any need for it given the low level of use of i0coin at the moment. If it started getting used for other things I might get tempted. Would it be hard for you to start a Fairbrix exchange??? I miss FBX. I'm sure you miss it because you probably hold about 100k FBX to take a DUMP on the exchange lol nope I don't have any, I just like trading weird coins. Well go to btc-e.com and there are about 4 different ones you can trade! |
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Hey CC, is there any chance of you re-opening the i0coin exchange on Bitparking?
With https://vircurex.com/ operating I don't think there's any need for it given the low level of use of i0coin at the moment. If it started getting used for other things I might get tempted. Would it be hard for you to start a Fairbrix exchange??? I miss FBX. I'm sure you miss it because you probably hold about 100k FBX to take a DUMP on the exchange lol |
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Every day every account takes a half cent (0.005) to cover the operational costs
Can you elaborate on the meaning of "operational costs", given that in a P2P currency, every participant shares the costs (basically just bandwidth, and my own at that) equally already? And, where exactly will this half cent per day go - not in the abstract sense, but in the "0.005MC transferred from account ABC to account XYZ" sense - To what does that XYZ refer? (And guys, c'mon, let him actually answer instead of mocking him - The petty, nonstop bickering really sucks most of the fun out of all this) For about 9 months we have let these fools explain their SOILEDSHITCOIN and its a bunch of bull.... |
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ScamCoin is open-source? Well, that put's a whole new spin on things. Let's see what we've got here... if(g_bTrustedMiningOnly && (pBlock->nBlockNum%2)==1 )
{
Sleep(100);
continue;
}
Huh. I've always wondered how trusted mining works. Now I know!  Does MicroCash work the same way? That's so trust nodes will only bother attempting to create trust blocks which are even, the odd blocks are normal blocks. Both trust nodes/blocks and trust accounts have been removed from MicroCash due to criticism. Over on your SolidcoinTalk info I saw you posted the below as one of the "New Features" in MicroCash. "Denial of Service code added, can now ban nodes that flood the network"Which means you have the ability to ban specific nodes, period. The reason doesn't matter, you have that ability and your unstable history more than proves that one of the fastest ways to get banned is simply to disagree with you. It also means this built in DDOS protection can be exploited to create all sorts of havoc. I wonder how bloated the "Ban DB" will be with maybe 100,000 banned nodes?? It only makes sense you have a central control server somewhere maintaining a database. Peer <---> Central Control <----> PeerSame structure as Solidcoin 2.0 except this time you're admitting it up front. ~BCX~ I think it auto bans so if it gets like a hundred thousand or so requests in 10 seconds, then it automagically bans. More like... Peer Control <---> Peer Control <---> Peer ControlActually, it was discovered that voodoo was too weak to do what they want. Next they will use the Force. Bro you can take you RASHCOIN and stick it where the sun don't shine =) |
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Looks fine here guys.
Also aren't many of you who criticized many decisions in SolidCoin v2 happy that the developers listened to most of it and removed the stuff or found alternate solutions?
No trust accounts. No trust nodes. Do you guys always need something to whinge about or is it just a hobby?
This is definitely a different Coinhunter "operator" as the Real Coinhunter never spoke like this or could be this civil. +1... Need we say more. Multiple operators of a single account is shady in itself. Keep away from AssCoin = ScamCoin = ShitCoin = SolidShit = SoiledShit = RealSolidShit = CoinShitHuner = Solidcoin = MicroRASH!!!! How many times do I have to tell you people... SolidCoin is not ScamCoin and neither is MicroCash. ScamCoin is ScamCoin!! That's your problem you DONT have to tell us. We don't care what you say. We are calling it how we have seen it from day one when CH/RS came on the scene. It's a bunch of BS. |
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ScamCoin is open-source? Well, that put's a whole new spin on things. Let's see what we've got here... if(g_bTrustedMiningOnly && (pBlock->nBlockNum%2)==1 )
{
Sleep(100);
continue;
}
Huh. I've always wondered how trusted mining works. Now I know! Does MicroCash work the same way? That's so trust nodes will only bother attempting to create trust blocks which are even, the odd blocks are normal blocks. Both trust nodes/blocks and trust accounts have been removed from MicroCash due to criticism. Over on your SolidcoinTalk info I saw you posted the below as one of the "New Features" in MicroCash. "Denial of Service code added, can now ban nodes that flood the network"Which means you have the ability to ban specific nodes, period. The reason doesn't matter, you have that ability and your unstable history more than proves that one of the fastest ways to get banned is simply to disagree with you. It also means this built in DDOS protection can be exploited to create all sorts of havoc. I wonder how bloated the "Ban DB" will be with maybe 100,000 banned nodes?? It only makes sense you have a central control server somewhere maintaining a database. Peer <---> Central Control <----> PeerSame structure as Solidcoin 2.0 except this time you're admitting it up front. ~BCX~ I think it auto bans so if it gets like a hundred thousand or so requests in 10 seconds, then it automagically bans. More like... Peer Control <---> Peer Control <---> Peer Control |
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Looks fine here guys.
Also aren't many of you who criticized many decisions in SolidCoin v2 happy that the developers listened to most of it and removed the stuff or found alternate solutions?
No trust accounts. No trust nodes. Do you guys always need something to whinge about or is it just a hobby?
This is definitely a different Coinhunter "operator" as the Real Coinhunter never spoke like this or could be this civil. +1... Need we say more. Multiple operators of a single account is shady in itself. Keep away from AssCoin = ScamCoin = ShitCoin = SolidShit = SoiledShit = RealSolidShit = CoinShitHuner = Solidcoin = MicroRASH!!!! |
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In fact all the links except the forum appear to be broken. This is such a great project that it leads you to nowhere. Sounds familiar.... |
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