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21  Economy / Scam Accusations / Re: User: LitecoinFoundation is a fraud on: June 17, 2013, 03:39:45 PM
Shocked by my response?  My response was straight on point.

I don't know what you are a member of, but the development team managed by Coblee now with 7 people concentrating on  the Litecoin project/eco-system has never heard about any of this.

Nor this was mentioned on the QA channels.

Quote
Warren had verified the coins days ago.

Verified which coins?  Can you please point out the confirmation here? https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0

Thanks
22  Alternate cryptocurrencies / Altcoin Discussion / WARNING: LitecoinFoundation 'donation' fraud/scam on: June 17, 2013, 02:20:12 PM
Everyone,

This seems to be some sort of a fraud designed to sabotage Litecoin fundraising, please be careful. 

My response/post into their thread have been deleted by the original poster.  Their intent seems to be to sabotage the fundraiser by declaring that they have donated funds to bring the fundraiser to the needed target.

Original thread: https://bitcointalk.org/index.php?topic=236413.0

My response: https://bitcointalk.org/index.php?topic=236506.msg2499524#msg2499524

aspect
23  Economy / Scam Accusations / User: LitecoinFoundation is a fraud on: June 17, 2013, 02:06:48 PM
The following is some type of a fraud/scam designed to sabotage fundraising being done by the Litecoin development team:  https://bitcointalk.org/index.php?topic=236413.0

I have replied to the thread and my response has been immediately deleted by the original poster.

My original response follows:

Quote

Hello,

Few issues here:

1 - The donations that are made are not made to specific individuals but to the development team.  The development team is managed by coblee and it's use of funds is decided by discussion with all team members on IRC and via the development mailing list.

2 - I have refused any personal donations and have contributed significant amounts of time and money toward the project over the last year. I am not new to LTC and if you ask around you will find that a lot of seasoned LTC supporters know me for a very long time.  I have been one of the strongest supporters of the project since mid-2012 BCX 'attack'.

3 - There will be no external conditions imposed by anyone on what should be or should not be done with the funds received by the development team.  These funds are used to cover project related expenses and to compensate external developers and consultants for their work at the discretion of the team.

If you are interested in donating, please donate as requested on the official fundraiser at: https://forum.litecoin.net/index.php/topic,3874.msg27094.html#msg27094

If you would like to receive credit for the donation, please contact Warren and he will add your name to the official list of donors.

---

Now, to my knowledge, there is no such thing as Litecoin Foundation.  Such organization has been discussed in depth on our internal channels and as far as I remember further discussion on this topic has been planned to take place after 0.6.x and 0.8.x releases.

Can you please contact coblee here or in private and describe what exactly you are doing and what your intentions are?  Do you have a corporate structure and who is involved in this?  Until there is further real-life information from your direction in regards to your organization, I am unable to establish your level of credibility. Thus I will ignore any interaction with you until that is addressed.  Anyone can create new registration on the forums and register a domain, but not many people can handle unbiased support and development of a decentralized crypto-currency.

Personal note:

So far, your post looks no different then Litecoin-NG thread on reddit. You do realize that people who post threads with titles "XYZ donates to ABC" actually donate first and speak later (or contact us in private before donating).  The fact that a plethora of people working with us never heard of you and that this is your first post on bitcointalk...

aspect
24  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] Litecoin Core Development Fundraising on: June 10, 2013, 03:52:32 AM
Thank you wizzardTim. http://litecoin.org/el
25  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] Litecoin Core Development Fundraising on: June 09, 2013, 04:35:02 AM

LTC has negative hashrate right now. =O


forsetifox, this is a fundraising thread.  It would be appreciated if you post topics or questions related specifically to fundraising or overall project strategy & actions.  If you have any questions or concerns related to existing client functionality, litecoin forums would be a more appropriate place: http://forum.litecoin.net.

What you are describing is a very old hash rate calculation bug that has been fixed long time ago in this commit: https://github.com/litecoin-project/litecoin/commit/7fd4c83da7d5315720ff9e481f319ccfddc5f958

I.e. this is fixed if you are building from 0.6.3c sources available on github.  This RPC call is usually used only by miners and users who run litecoind on linux servers.

Naturally, this is also fixed in the upcoming 0.8.2 release.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] Litecoin Core Development Fundraising on: June 09, 2013, 12:27:08 AM
Im willing to translate to hebrew. where should i submit such a translation?

adpinbr, please read my response to wizzardTim.  You can e-mail to contact@litecoin.org if you need help.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] Litecoin Core Development Fundraising on: June 08, 2013, 06:58:32 PM
Thank you Litecoin Development Team for all your efforts. We appreciate the hard work you guys do.

I see that you've added many translations in the official site "litecoin.org". I could help with translating the site to the greek language (ελληνικά). If you'd like that, feel free to pm me.

I believe the community (and above all merchants) needs a better "Litecoin accepted here" logo or button, since the original one is way too blurred / faded out. Schism has made an excellent LTC icon, and by excellent I mean the best there is. You can check it here --> https://forum.litecoin.net/index.php/topic,4212.0.html

Also, wtfhazzy has made an excellent font for it here http://www.reddit.com/r/litecoin/comments/1ftg6l/we_need_a_new_litecoin_accepted_here_logo/

Schism said he will combine the logo with the font, so the result will be absolutely amazing.

If possible, we'd like to use the new LTC logo/ LTC accepted here button on the wikipedia, litecoin.org & everywhere else, because the visual element always counts and makes LTC more appealing.



Waiting to here from you,
Sincerely, wizzardTim

Hi wizzardTim,

I posted a request to schisms here: https://forum.litecoin.net/index.php/topic,4212.msg30015.html#msg30015

This area contains most graphics: http://litecoin.info/Graphics_Resources  I also posted on reddit asking people to submit there.

For the translation, that would be most appreciated.  The best way to do this is to do "view source" of litecoin.org site and edit the text in place.  Then e-mail to contact@litecoin.org.  That will reach me and I will embed the new language into the site.

If you are familiar with how git/github works, you can do integration yourself by creating a branch and a pull request of litecoin.org site at https://github.com/litecoin-project/litecoin.org and modifying https://github.com/litecoin-project/litecoin.org/blob/master/views/index.ejs and https://github.com/litecoin-project/litecoin.org/blob/master/site.js  ...but if this is too complex, just e-mail us the translation.

Any contributions in any form are greatly appreciated.  If someone is proficient in another language and can do a proper technical translation of litecoin.org, please take your time to do the same.  Ever since we have introduced other languages, we have received e-mails from people around the world with comments or support questions (for which we had to use google translate to answer Smiley ).

Thanks!
28  Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] Litecoin Core Development Fundraising on: June 08, 2013, 06:03:11 PM
"
So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun"

jubalix, highly contradictory...  The rest of your post is pure supposition ... However, I think your suggestions definitely have merit.

At least the donations are going to coblee initially, the OP is the only part of this thread that has been handled properly....

***oops, my mistake, post #2 now contains relevant information also.
However, I must ask: what's the deal with the highly compressed image with some of the information obscured?


Also, found this a bit odd: "Note: We do not recommend litehosting.org as a provider."

Oh? So you are using it only for the LTC payment option? Not exactly sure if the intent behind that statement is just an attempt at being neutral or a complaint...

Again, give some more thought to your public relations and presentation.

Hi efx,

Your points are noted.  I would like to say that we are all trying our best. We are not a large organization that can afford to handle someone to do PR or for that matter do peer reviews on every post. For the most part, we are all overloaded with existing tasks and our priority is working on & thoroughly testing technical aspects of the system and supporting infrastructure.  I myself have been repeatedly malfunctioning by trying to do too many things at the same time.  In the last 2-3 months, Litecoin project has created a full-time workload for me personally... and I have a full-time job...

Which is a reason why I almost never post on forums. Writing these posts consumes time and a lot of time what is written gets dissected and turned upside down from it's original meaning. Like some weird form of ASCII Darwinism. This time IMHO is much better spent on writing code that relates to Litecoin projects.

Having now worked for months with people in the dev team and supporting the project from pre-BCX days.  I can say that everyone is doing their best and that we rely on community to understand our goals and efforts and hopefully ignore any shortcomings.

To respond to your exact questions, I understand your question about highly compressed image, because I have an image processing background and know how "customer" can look at that. However, for a developer who does code and doesn't care about images, this is irrelevant and not worth the time to think about.

As for Litehosting, being a provider that accepts Litecoin as a payment, it only made sense to support them and use their services.  Unfortunately this provider had a server malfunction, which resulted in serious data loss (right as I was setting up backup scripts!). The provider has not acted professionally on our opinion and we have decided to gradually migrate to other providers.  We switched parts of our infrastructure to BitVPS and unfortunately ran into further problems there as well.  As a result, I incurred a cost of over 10 hours in additional work that did not need to be done (and I still have much more work pending that area). But while this was painful, the effect was positive. All our sites are now properly backed up and as previously mentioned we have put together a monitoring service that constantly monitors our infrastructure for downtime.  We no longer actively endorse Litehosting, but we haven't abandoned them and still use them for some services. Everyone makes mistakes and IMHO it is a learning experience for all of us (at least this is my personal take on that). At least now, with the development fund, we can consider migration to major providers.

TL;DR;

We are doing our best. Our primary goals are technological advancements of the code base, health and stability of the network and stimulation of integration with 3rd party service providers.  We hope Litecoin community understands this, supports us in our efforts and forgives us for any shortcomings.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Dev Fundraiser: 5,000 LTC Matching Donation Challenge on: June 08, 2013, 03:10:14 AM
warren, can you tell what development has been made before I actually donate? There are a few people on this "dev" team that don't even code at all, so I'd like to see the advances being made. Atm, all I see is asking for money.

Simran, really?  You of all people?  How about you take some of that rather large round anonymous donation you have received mid last year for your projects and share that with the dev team?

Dude, donations are not your paycheck. Asking for donations should be the last thing on the dev team's mind. If I've gotten donations, it's because I contributed something. You jealous I've gotten loads more donations? Stop being greedy.

Sorry Simran, you clearly misunderstood what I was talking about.  I PMed you some info.  I hope you withdraw the 'greedy' argument.

Asking for donations is the second thing on developer minds. First one is ensuring proper development of the reference client and health of the network. Donations are merely a tool provided by the community to support the development of the infrastructure around the network and help us grow it.

The development team is comprised of software developers with 10-20+ years of experience in software development. Please don't tell us what should be or should not be first on our minds.

As for the list of things I made earlier, they are _nothing_, merely a drop in an ocean of the actual work and efforts that go into research and development of the reference client which is currently a core system that maintains the Litecoin blockchain. I don't even consider what I listed as work or projects comparing to the real development that goes on behind the scenes.

Also, please keep in mind that everything Warren says, he says on behalf of the development team. So I don't know to which developers you have chosen to donate in the past, but if you don't want to donate to the development fund organized by the team managed by Coblee (who has created this network), it is your business and I have nothing to say to you anymore.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Dev Fundraiser: 5,000 LTC Matching Donation Challenge on: June 06, 2013, 12:15:18 AM
warren, can you tell what development has been made before I actually donate? There are a few people on this "dev" team that don't even code at all, so I'd like to see the advances being made. Atm, all I see is asking for money.

Simran, really?  You of all people?  How about you take some of that rather large round anonymous donation you have received mid last year for your projects and share that with the dev team?

Have you bothered reading other posts where Warren describes the work that has been done?

Warren has been working 24/7 non-stop for weeks porting code to 0.8.2; Fixing numerous issues, identifying and fixing various network vulnerabilities, strengthening relationship with people involved in Bitcoin development, running a plethora of tests and simulations of different fee algorithms (and eventually coming up with what I think is a genius implementation for a fee structure that will strengthen the health of the network long-term).

We all are really really lucky that Warren has taken the helm here.  I don't know how much Coblee would have been able to pull by himself.  This is a huge and a very complicated project where a single mishap can cause serious problems to everyone.

As for other people who "do not code", have you been following the scene lately?

Here are some items that come to mind:

  • We redesigned http://litecoin.org with multiple languages.  Since then, out of ~4,000 visitors per day, 8% of them are from China  (site peak has been at 10k visitors/day, which IMHO is not bad)
  • We migrated wiki to http://litecoin.info and implemented LitecoinCryptoPayment spam protection (http://litecoin.info/Special:CryptoPayment - you need to login to use that)
  • We have developed a custom block explorer in effort to gather statistical data from the blockchain http://ltc.block-explorer.com/charts  (this platform is in beta and will be used in the future to provide additional services)
  • We have implemented a p2pool scanner which allows people to find public p2pool nodes in their countries so that they can mine on p2pool without having to set anything up http://p2pool.litecointools.com  (currently under maintenance)
  • We have implemented a whole bunch of custom internal tools - for example, all our sites are monitored for downtime and potential hacking attempts.
  • We have established plans to develop blockchain monitoring solution similar to that ran by LukeJr which allowed him to detect the May 12th fork on bitcoin blockchain.
  • During the last two weeks have found and fixed two vulnerabilities in external pool software which allowed bad miners to submit fake shares making pools think that these miners were providing much higher hash rates then they were (pooler, you rock!)
  • We have been moderating forums from various scammers & spammers posting trojans etc.
  • We have established contact lists for developers, supporters and major pool operators so that everyone can be reachable IRL.
  • We have setup 4 DNS seeds much needed for the network, especially since IRC seeding has been removed.
  • We have re-established a healthy working testnet (which is actively used for in-house testing); this also includes DNS seed servers for testnet.
  • We have been working with variety of service providers discussing and supporting their integration of Litecoin.
  • We have been actively providing support and responding to plethora of inquiries sent to contact@litecoin.org, handling press, redirecting users to appropriate places containing information they seek or simply helping them with their problems.
  • We have been actively working with members of our community to ensure that information they publish and work they do is oriented toward the same vision.
  • We have worked with p2pool developer forrestv to make appropriate modifications to the p2pool in effort to increase long-term health of the network (hence the upcoming new version of p2pool)
  • I myself have put together a site to help new developers get started http://litecoindeveloper.com

I do not like to speak, but when I speak I prefer that it counts.  I hope this brief overview satisfies your criteria for donation. By donating, you ensure that the development team has resources to support the server infrastructure and to get external help in effort to implement variety of projects much needed to expand the reach of the network.

Also, if anyone is wondering, donations are strictly tracked and every expense is discussed and agreed upon by the majority of developers.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Gettin error compiling LTC - please help me on: May 06, 2013, 06:57:02 AM
looks like you are missing pthread libraries maybe?  where are you getting your build instructions?
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Litecoin? on: April 28, 2013, 01:32:40 AM
I own both Bitcoins and Litecoins, however, my personal preference goes toward Litecoin.  My personal reasons for this have to do strictly with how coblee has released it.  Pre-announced, and in the fairest way possible. I also have great respect for coblee for how he and his team are supporting it and how he has dealt with various issues in the past.

While Bitcoin is original and truly amazing, my only issues with it are things like this: https://bitcointalk.org/index.php?topic=37333.0;all

Now, like all Bitcoiners, I realize that there was no other way, and I don't really mind.  However, this makes me feel that Litecoin is more fair.  Plus, there is still ~2.5 years left till halfing occurs, so there is plenty of opportunity for newcomers (who were brought in by the media attention to Bitcoin) to acquire it or mine it.

I also know that 0.8.1 is in the works, however, a lot of aspects of working on the client are complex and from what I gather, the developers working on this do not want to rush things and observe how Bitcoin network handles May 15.  They are concerned for the health of the Litecoin network and do not want to end up with something like this: https://bitcointalk.org/index.php?topic=152348.0

While Bitcoin as a currency/community can handle this due to it's huge support, something like this happening with a smaller cryptocurrency has a potential of destroying it.  If not, it would certainly give enough weapons to the hostile part of the Bitcoin community to attempt to discredit it.

I support both networks and I think that communities should stop fighting over this.  If your original purpose of this post was to find out which cryptocurrency you should use, I would say that you should use both.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin on Wikipedia: You guys need press coverage. on: April 18, 2013, 10:22:33 PM
I would appreciate that no one touches it because current information is obsolete and references are invalid.

Please do not touch this until psybits gets his content ready.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin on Wikipedia: You guys need press coverage. on: April 18, 2013, 05:15:03 PM
Please be patient.  Someone is working on this and it should be up by next week.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Physical Litecoins by CryptoVest (Coming soon!!) on: April 18, 2013, 02:52:41 AM
Hi Everyone,

Sorry, I just noticed this thread.

I just put up the original designs here http://litecoindeveloper.com/ltc-designs/

At the bottom of the page there is a link for original versions (design evolution, so to speak).  The main design (known as 6a) has won the majority vote of developers involved in the Litecoin project. (That was like a year ago!).

Glad to see this come back.

On the page you will find a link to a ZIP file, which contains 6a images and an Adobe Illustrator vector file.  You are free to use this as you like.

A bit about the design:
- Binary numbers represent (unixtime) date of the litecoin genesis block
- Continents - represent global access
- Computer Processor & Circuitry - represents the tools of the miners
- Hammers - represents mining (traditional mining logo)

From my personal perspective, Litecoin is the only other cryptocurrency that has a potential to become a viable alternative/supplemental currency to Bitcoin.  I view Litecoin as a cryptocurrency of miners. Miners are true pioneers of cryptocurrency, they are the people who in the early days invested their time, money and effort to protect Bitcoin. As Bitcoin mining gets monopolized by ASIC manufacturers, Litecoin provides a safe heaven where instead of getting rid of their mining equipment by selling it at a loss, they can re-target it to protect the Litecoin network. And that, on my belief will inevitably create a market for it's use.  Also, the currency is fair for newcomers, many of whom heard about cryptocurrency only in recent months due to the "Bitcoin boom". They still have a chance to participate, whereas with Bitcoin you have to pay huge amounts of money, stand in queues for months to receive something that you are not even certain about in terms of ROI as it is pretty hard to predict the rise in difficulty.

This is my personal opinion, agree or disagree, but this is why the coin designs have circuitry on the left side.  This circuitry represents YOU people.

Cheers!

P.S.  If you are a developer and have done interfacing with litecoin or bitcoin daemons in any language, please contribute to my development tutorials at http://litecoindeveloper.com.  You can reach me on IRC in #litecoin-dev. Even small snippets of code would be appreciated!
36  Alternate cryptocurrencies / Altcoin Discussion / Re: For those who missed it... on: April 17, 2013, 04:50:40 AM
But also keep in mind that other coins that were around last year have perished.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin reaches 10 Gigahashes (10 Terahashes in Bitcoin terms) ? on: April 15, 2013, 03:34:56 PM
Yeah, at this point Im mining based on the future price cause as it is now with current difficulty and price, its frankly a marginal operation considering that it takes a fair amount of time and effort keeping several rigs hashing 24/7. Im a believer that LTC can be a longterm contender, but right now it makes a lot more sense to buy coins than build new rigs to mine them at these prices.

One of the best ways to improve it's value is to contribute to the project or offer services that accept it.

How about adding LTC support to seals with clubs?
38  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoiners: Idea to make Litecoin importance skyrocket in Bitcoin ecosystem on: April 15, 2013, 06:25:22 AM
Litecoin is fine.

It is the first successful currency that has built in protection against ASICS.  

Litecoin is the people's money.

It is people like the OP who have prevented Litecoin from getting its own Wikipedia page.  Something that is ridiculous at this stage.  Litecoin cannot be found on Wiki because of the fears of BTC fanboys who get every mention of it deleted by swarming any mention of Litecoin.

Let every currency stand on its own two feet - LTC will be just fine.

Pure SHA256 - not so much, see TRC, BTE as great examples why.  


It would be best if this discussion is kept purely technical on-topic and not filled with BTC vs. LTC arguments.
39  Alternate cryptocurrencies / Altcoin Discussion / Litecoin reaches 10 Gigahashes (10 Terahashes in Bitcoin terms) ? on: April 15, 2013, 06:09:34 AM
Hello Everyone,

Can someone please validate my observations:

Litecoin hash rate passed ~10 Gigahashes (was at 11 earlier today), it floats around 9.5-10.5 now.
http://www.litecoinpool.org/stats

In Bitcoin terms one could say that this is ~10 Terahashes (since Scrypt is about 1000 times slower then SHA for hash generation). 

Current Bitcoin network speed is 61 Terahashes.
http://bitcoinwatch.com

This means that Litecoin network hash rate is ~1/6th of the Bitcoin network hash rate?

How much would that be in PetaFLOPs given that Litecoin is Scrypt based?

Are my numbers correct or am I lacking sleep? Smiley
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoiners: Idea to make Litecoin importance skyrocket in Bitcoin ecosystem on: April 15, 2013, 04:17:22 AM
I am curious to see what Bitcoin development team would say to this.  Gavin?  Comments?
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