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Author Topic: [ANN] LiteDoge - such Community coin | no premine | very fast | much profit  (Read 106662 times)
mamahdedeh
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July 25, 2015, 01:26:50 PM
 #1001

how about reduce and swap this coin ?
total coin too much

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litedoge
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July 25, 2015, 02:38:20 PM
 #1002

how about reduce and swap this coin ?
total coin too much

We only at approx. 13% of coin mined.

Only 6.4Bil (13%) LDOGE  mined to date out of approx. 50Bil LDOGE total supply (half of DOGE coin which is 100Bil total Supply).

We just want to ensure a long life / future for the coin.

It takes time to build a coin up / develop and ensure support for long term.

Hope this helps clarify.
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July 25, 2015, 10:18:14 PM
 #1003

whoever is behind litedoge user name has been respectful, decent and from my point of view, dearly cares about this coin.  I second any suggestions he has Kiss

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July 26, 2015, 06:38:55 AM
 #1004

 Stakeums Grin
ldoge community knows what's up
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July 26, 2015, 06:50:58 AM
 #1005



Join the chat in freenode at #litedoge to check out the tip bot and if you need support  Wink

http://webchat.freenode.net/?channels=#litedoge
litedoge
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July 26, 2015, 08:09:24 AM
 #1006



... LiteDoge goes driving with Granma ...
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July 26, 2015, 12:43:33 PM
 #1007



Stakeums Grin
ldoge community knows what's up

I suggest about 20mil (preferably 25mil) LDOGE for staking (buy https://bittrex.com/Market/?MarketName=BTC-LDOGE or mine http://litedoge.org/forum/index.php?topic=33.0 to get more)
One should get about 2 stakes per day - more if you lucky;)

Do the following to PoS:

•Use latest wallet - download wallet from page 1 - v3.2.1.1-community https://bitcointalk.org/index.php?topic=1077390.0
•Run wallet (litedoge-qt.exe)
•Wait till it's synced (just restart if it gets stuck)
•Unlock wallet
•Happy staking

Take Note:

•You must wait for at least 8 hours when moving coins into wallet or new address to be eligible for staking and finding new blocks!
•The network weight has increased and difficulty increased and rewards are reducing but still very high (now 28K) - currently with 20mil PoSing you should get about 2 stakes per day.
•The dev team is busy with a wallet update - connect to IRC Channel: https://kiwiirc.com/client/irc.kiwiirc.com/#Litedoge or LiteDoge Forum http://litedoge.org/forum/index.php?topic=6.0 for more help.
mellon
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July 27, 2015, 04:20:40 PM
 #1008

More and more on sale. For what?

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July 27, 2015, 06:56:23 PM
 #1009

More and more on sale. For what?



I don't know, but people rarely behave exactly the way you want them to.

You can't please all the people all the time - but I will keep on trying;)

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July 27, 2015, 10:36:58 PM
 #1010

More and more on sale. For what?
if people would stop putting sell orders /walls at 2s, price would go up quite fast..  Roll Eyes



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July 27, 2015, 11:17:16 PM
 #1011

I want to know how much i got a coin?

Has anyone really been far even as decided to use even go want to do look more like?

LOL..
Do you happen to know what happen to people whom buy cois and eat food?

P.S. Normally I would sent this to maincoin, but since he is out. This is a nice feature for the LiteDoge:
http://getprypto.com/shop/

Maybe one of the team members could contact hem.

I've been meaning to PM him to see if I can get the details on the dev for the web wallet he had mentioned.  I am assuming you are looking at the custom scratch cards at the shop?  It would be a cool little promo item, but it is 2.5 BTC for 1000 of them.  It feels like if we did raise 2.5 BTC, we could find a better use for those funds.  Not sure what maincoin has to do with it either?

I suggest new lower block rewards structure:

Block 190,000 — 234,999: 26,000 LiteDoge Reward

Block 235,000 — 279,999: 22,000 LiteDoge Reward

Block 280,000 — 324,999: 18,000 LiteDoge Reward

Block 325,000 — 369,999: 14,000 LiteDoge Reward

Block 370,000 — 414,999: 10,000 LiteDoge Reward

Block 415,000 — 459,999: 8,000 LiteDoge Reward

Block 460,000 — 504,999: 6,000 LiteDoge Reward

Block 505,000 — 549,999: 4,000 LiteDoge Reward

Block 550,000 — 594,999: 3,000 LiteDoge Reward

Block 595,000 — 639,999: 2,000 LiteDoge Reward

Block 640,000 — +          : 1,000 LiteDoge Reward (low to ensure future of coin - can also be made 1500)


Note: Block Reward change at "Block 235,000" from current Reward Structure (approx. 6 weeks time)
 



In my opinion, LiteDoge would be better off just keeping the current reward structure, but changing the block time to 2 minutes.  This would immediately slash inflation in half with the added bonus of less orphans.  Forking to make a drastic reduction in the inflation rate always reeked of desperation to me.  Changing the block time just feels fairer and looks better but has the same effect.  Your proposed final block reward of 1,000 also is a bit too low IMO.  With the current scheduled final block reward of 6,000 and a 2 minute block time, 4.32 million LDOGE would be created every day forever.  That sounds about right to me.  If anything drop it to 5,000 just because it's a much more psychologically satisfying number.

I know that changing the block time was the thing that didn't make it into the last fork.  No offense to the current devs, but if outside help is needed to ensure the next fork works flawlessly, it would be a good idea to employ some and I and surely others would donate to that cause.
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July 28, 2015, 04:30:00 AM
 #1012

I want to know how much i got a coin?

Has anyone really been far even as decided to use even go want to do look more like?

LOL..
Do you happen to know what happen to people whom buy cois and eat food?

P.S. Normally I would sent this to maincoin, but since he is out. This is a nice feature for the LiteDoge:
http://getprypto.com/shop/

Maybe one of the team members could contact hem.

I've been meaning to PM him to see if I can get the details on the dev for the web wallet he had mentioned.  I am assuming you are looking at the custom scratch cards at the shop?  It would be a cool little promo item, but it is 2.5 BTC for 1000 of them.  It feels like if we did raise 2.5 BTC, we could find a better use for those funds.  Not sure what maincoin has to do with it either?

I suggest new lower block rewards structure:

Block 190,000 — 234,999: 26,000 LiteDoge Reward

Block 235,000 — 279,999: 22,000 LiteDoge Reward

Block 280,000 — 324,999: 18,000 LiteDoge Reward

Block 325,000 — 369,999: 14,000 LiteDoge Reward

Block 370,000 — 414,999: 10,000 LiteDoge Reward

Block 415,000 — 459,999: 8,000 LiteDoge Reward

Block 460,000 — 504,999: 6,000 LiteDoge Reward

Block 505,000 — 549,999: 4,000 LiteDoge Reward

Block 550,000 — 594,999: 3,000 LiteDoge Reward

Block 595,000 — 639,999: 2,000 LiteDoge Reward

Block 640,000 — +          : 1,000 LiteDoge Reward (low to ensure future of coin - can also be made 1500)


Note: Block Reward change at "Block 235,000" from current Reward Structure (approx. 6 weeks time)
 



In my opinion, LiteDoge would be better off just keeping the current reward structure, but changing the block time to 2 minutes.  This would immediately slash inflation in half with the added bonus of less orphans.  Forking to make a drastic reduction in the inflation rate always reeked of desperation to me.  Changing the block time just feels fairer and looks better but has the same effect.  Your proposed final block reward of 1,000 also is a bit too low IMO.  With the current scheduled final block reward of 6,000 and a 2 minute block time, 4.32 million LDOGE would be created every day forever.  That sounds about right to me.  If anything drop it to 5,000 just because it's a much more psychologically satisfying number.

I know that changing the block time was the thing that didn't make it into the last fork.  No offense to the current devs, but if outside help is needed to ensure the next fork works flawlessly, it would be a good idea to employ some and I and surely others would donate to that cause.

We were trying to move the block time to 90-94 seconds per block, which would have cut inflation by 1/3.  In regard to having outside help, no offense taken.  We are always willing and open to outside help and if anyone with experience would like to help we would welcome them with open arms.  I am new to this and am doing my best, but am learning as I go so any help would be appreciated.  If anyone wants to help out, please PM me.  We want great things for this coin and if no one else helps out, we will figure it out, but it may take a little longer than many here would like.  I know this is not ideal, but I don't want to sugarcoat anything.  Nonetheless, we will be working hard to make this coin better regardless of how long it takes.  We are not going anywhere.

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July 28, 2015, 05:37:49 AM
 #1013


We were trying to move the block time to 90-94 seconds per block, which would have cut inflation by 1/3.  In regard to having outside help, no offense taken.  We are always willing and open to outside help and if anyone with experience would like to help we would welcome them with open arms.  I am new to this and am doing my best, but am learning as I go so any help would be appreciated.  If anyone wants to help out, please PM me.  We want great things for this coin and if no one else helps out, we will figure it out, but it may take a little longer than many here would like.  I know this is not ideal, but I don't want to sugarcoat anything.  Nonetheless, we will be working hard to make this coin better regardless of how long it takes.  We are not going anywhere.

90-94 seconds would help significantly as well, and we are already 30,000 blocks into the 28k reward level so 26k will be here before we know it.  Many people are here because of the juicy staking so we don't want to strangle supply and cut it too fast, but as things sit right now 37.8 million more LiteDoge are created everyday.  Thats about 0.75 BTC worth at 2 satoshis.  It doesn't seem like much but we have the walls at 3 and 4 satoshis to deal with, many of them belonging to the former team members who are exiting I imagine.  After a few days of low volume and staking, 37.8 million new coins a day is plenty enough to continually replenish the mini wall at 2 satoshis.

I am a patient guy.  I think just about anyone who has stuck around since launch is.  Normally I wouldn't be worried about the inflation rate, and I'd just hold and stake.  When it comes to LiteDoge, I think the coin seems to be floundering to outsiders.  Internal strife, failure to build solid upward momentum, and lack of stability are making the coin look bad.  I'm not criticizing anyone here.  You and others have done infinitely more for this coin than I have, I'm all talk no action.  I'm just saying that since launch in March we have had multiple hard forks and 1 fail fork with the horrible masternode client, yet we still debating the inflation rate and how quickly block reward should be reduced!  Still crunching the numbers, unsure of what direction we want to go.  I would like to see the block time raised to 90-120 seconds, and I think the simple act of setting the reward schedule in stone and saying "thats it, we have a consensus, let's move on" would be an important statement.  At the same time, turning the inflation down a notch or two allows us to focus more on eating the existing walls rather than soaking up new coins.  If the protocol and price can finally show some stability, LiteDoge will look more attractive to new investors and members of the community.  We need that solid base.

Talk it over with the other devs.  If the only specification change of a new fork were to be a block time change, and you guys aren't sure how to do it, Presstab is pretty much the go-to freelance POS dev around here.  A change that small would probably not be much work for him, so it probably wouldn't cost us much to get done.  Sure we could raise the funds needed for an hour of his work if we need to.
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July 28, 2015, 05:38:19 AM
 #1014


In my opinion, LiteDoge would be better off just keeping the current reward structure, but changing the block time to 2 minutes.  


We were trying to move the block time to 90-94 seconds per block, which would have cut inflation by 1/3.

I also support this option.

Although, I prefer getting coin more often, even at lower rewards.
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July 28, 2015, 05:57:46 AM
 #1015

I dont think a hardfork for this will do anything other than damage the coin at present.

We are only @13% I would suggest waiting until closer to 50% before forking, that give plenty of time to get new people involved, and will make the coin rare with only 50% to go with a time fork.

But no way should we make people fork again so soon after the last one.......

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July 28, 2015, 06:13:00 AM
 #1016

I dont think a hardfork for this will do anything other than damage the coin at present.

We are only @13% I would suggest waiting until closer to 50% before forking, that give plenty of time to get new people involved, and will make the coin rare with only 50% to go with a time fork.

But no way should we make people fork again so soon after the last one.......

This is a good point as well.  Constantly hard forking will definitely not convey a sense of stability which is what LiteDoge is sorely lacking.

It should be done, but timing needs to be right.  I guess that gives us plenty of time to come to a solid consensus on final specifications, and possibly the dev team will be able to narrow down what the issue with changing block times is.  More time to collect juicy stakes too. Smiley

For the record, my vote is to keep the current reward schedule, but up the block time to 90-120 seconds.  If 90 seconds is chosen as the block time, possibly drop final reward to 4,000-5,000 coins.
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July 28, 2015, 06:17:34 AM
 #1017

I dont think a hardfork for this will do anything other than damage the coin at present.

We are only @13% I would suggest waiting until closer to 50% before forking, that give plenty of time to get new people involved, and will make the coin rare with only 50% to go with a time fork.

But no way should we make people fork again so soon after the last one.......

This is a good point as well.  Constantly hard forking will definitely not convey a sense of stability which is what LiteDoge is sorely lacking.

It should be done, but timing needs to be right.  I guess that gives us plenty of time to come to a solid consensus on final specifications, and possibly the dev team will be able to narrow down what the issue with changing block times is.  More time to collect juicy stakes too. Smiley

For the record, my vote is to keep the current reward schedule, but up the block time to 90-120 seconds.  If 90 seconds is chosen as the block time, possibly drop final reward to 4,000-5,000 coins.

That sounds great!  But not anytime soon.  The high rewards will get others interested... they just better get some fast!  But yes... closer to 50% sounds about right for the next fork.  We absolutely should not do that now.  We need stability... and at some point in the future, a drastic decrease in minted coins.  That will happen.
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July 28, 2015, 06:20:13 AM
 #1018

I dont think a hardfork for this will do anything other than damage the coin at present.

We are only @13% I would suggest waiting until closer to 50% before forking, that give plenty of time to get new people involved, and will make the coin rare with only 50% to go with a time fork.

But no way should we make people fork again so soon after the last one.......

This is a good point as well.  Constantly hard forking will definitely not convey a sense of stability which is what LiteDoge is sorely lacking.

It should be done, but timing needs to be right.  I guess that gives us plenty of time to come to a solid consensus on final specifications, and possibly the dev team will be able to narrow down what the issue with changing block times is.  More time to collect juicy stakes too. Smiley

For the record, my vote is to keep the current reward schedule, but up the block time to 90-120 seconds.  If 90 seconds is chosen as the block time, possibly drop final reward to 4,000-5,000 coins.

That sounds great!  But not anytime soon.  The high rewards will get others interested... they just better get some fast!  But yes... closer to 50% sounds about right for the next fork.  We absolutely should not do that now.  We need stability... and at some point in the future, a drastic decrease in minted coins.  That will happen.

This all sounds good.  We should keep an open dialogue going here as we have some time before making any decisions/changes that require a hard fork.  Everyone is welcome to comment on this as it is all of our coin.  The devs will only make core changes to the coin with a majority of support from the community.

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July 28, 2015, 07:22:18 AM
 #1019



Don't forget you can use your LiteDoge to purchase dedicated Website Hosting at CryptoCloudHosting.org.

Fallen down the crypto rabbithole!
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July 28, 2015, 08:31:24 AM
 #1020

More and more on sale. For what?



I don't know, but people rarely behave exactly the way you want them to.

You can't please all the people all the time - but I will keep on trying;)


Yes i know that mate. But why they are not understand that if they are would dumping price they are never sell it for 3-4 satoshi by that way. And its a PoS currency much more better to keep those huge amount of coins in stake to make a profit and keep up a buy/sell balance on exchanges with volume around 1-3 BTC/day.

    [    ] 
  POW/POS
  ANONIMITY
TRANSACTIONS
  SECURITY
 
   
STEEP
& CHEAP
.steepcoinproject@gmail.com.
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