[ANN][LTCR] Litecred - [QUBIT][8 MB][MINING][FIXED POW/POS SUBSIDY] LAUNCHED

[KingCZE]

I hope you will not do the same mistake as many of devs of altcoins.
The most important thing is propagation. If you don't want the coin to be just another echange coin which will disappear in a moment, you should propagate it. And I don't mean propagation in miners community. I mean lobbing at exchange servers, creating of interesting apps, nice would be also if someone would convince some service to accept Litecred and Decred payments in real exchange rates and so on... Miners would come after that. You need to make the coin valued and interresting. Then will come more miners and investors...

The priority is MARKETING!


Many developers create coin just for mining at the start and then sell it.
But there is other potential - there is potential to become successors of Bitcoin and Litecoin (and I don't mean in value, I mean in interresting for potential investors, developers, users).


I think the main purpose of cryptocurrency is to become stable currency for daily paying and using in everyday life and convince the world to use it instead of centralised national currencies. If you don't want it to be just another altcoin, you need to convince servers and also variable local services to use it and allow customers to pay in the cryptocurrency.
I think it shouldn't be so difficult to convice them, especially in EU when the European Court said the cryptocurrencies were not "money" so there should be no taxes from it. - There can profit both - the customer and also the provider of services.


I've got one question - How long are there going to be the fees for development. As long as there is the fee, the Litecred will never be really decentralised and independent.

[1714857394]

1714857394

[1714857394]

1714857394

[1714857394]

1714857394

[itsnotafork]

Changelog :
Added Statistics [Block Height-Pow Block Reward-Pow Difficulty-Net Hashrate-Total Volume]
Added Explorer
Added Social [Twitter Link]
Minor bug fixes

New wallet

[itsnotafork]

Please provide a list of working nodes. I have tried to synchronized my wallet but without success. Thanks!

The wallet is ok with 6 active connections, try adding these nodes :

104.238.173.4
78.208.16.112
147.32.121.166
95.31.133.143
52.10.194.42

[trader19]

Changelog :
Added Statistics [Block Height-Pow Block Reward-Pow Difficulty-Net Hashrate-Total Volume]
Added Explorer
Added Social [Twitter Link]
Minor bug fixes

New wallet

thanks for update, keep up the good work. looks good, maybe as next gui update with new logo and stuff 

I hope you will not do the same mistake as many of devs of altcoins.
The most important thing is propagation. If you don't want the coin to be just another echange coin which will disappear in a moment, you should propagate it. And I don't mean propagation in miners community. I mean lobbing at exchange servers, creating of interesting apps, nice would be also if someone would convince some service to accept Litecred and Decred payments in real exchange rates and so on... Miners would come after that. You need to make the coin valued and interresting. Then will come more miners and investors...

The priority is MARKETING!


Many developers create coin just for mining at the start and then sell it.
But there is other potential - there is potential to become successors of Bitcoin and Litecoin (and I don't mean in value, I mean in interresting for potential investors, developers, users).


I think the main purpose of cryptocurrency is to become stable currency for daily paying and using in everyday life and convince the world to use it instead of centralised national currencies. If you don't want it to be just another altcoin, you need to convince servers and also variable local services to use it and allow customers to pay in the cryptocurrency.
I think it shouldn't be so difficult to convice them, especially in EU when the European Court said the cryptocurrencies were not "money" so there should be no taxes from it. - There can profit both - the customer and also the provider of services.


I've got one question - How long are there going to be the fees for development. As long as there is the fee, the Litecred will never be really decentralised and independent.

totally agree with ya about marketing and making coin valuable thru propagation. dev alona can't accomplish this alone but for sure can make first steps and community will follow.
Decred will also be self-funded, i don't see this as a mayor problem as it will keep devs incentivized to continue to push forward and make they share valuable. but maybe after POS starts this could be reconsidered.. dev?

[davien]

Yeah, but unfortunatelly sometimes the marketing of a coin is better then the coin itself . In litecred case i thinks it's at a right balance

[CryptoMaik]

I hope you will not do the same mistake as many of devs of altcoins.
The most important thing is propagation. If you don't want the coin to be just another echange coin which will disappear in a moment, you should propagate it. And I don't mean propagation in miners community. I mean lobbing at exchange servers, creating of interesting apps, nice would be also if someone would convince some service to accept Litecred and Decred payments in real exchange rates and so on... Miners would come after that. You need to make the coin valued and interresting. Then will come more miners and investors...

The priority is MARKETING!


Many developers create coin just for mining at the start and then sell it.
But there is other potential - there is potential to become successors of Bitcoin and Litecoin (and I don't mean in value, I mean in interresting for potential investors, developers, users).


I think the main purpose of cryptocurrency is to become stable currency for daily paying and using in everyday life and convince the world to use it instead of centralised national currencies. If you don't want it to be just another altcoin, you need to convince servers and also variable local services to use it and allow customers to pay in the cryptocurrency.
I think it shouldn't be so difficult to convice them, especially in EU when the European Court said the cryptocurrencies were not "money" so there should be no taxes from it. - There can profit both - the customer and also the provider of services.


I've got one question - How long are there going to be the fees for development. As long as there is the fee, the Litecred will never be really decentralised and independent.

Fee for dev is necessary for the future of the coin. When they get paid dev will do better their best to keep updating the coin. an abandoned coin will slowly die

Marketing. Do you have marketing skills? Yes, pm me.

[Bitdonator]

New wallet not work for me 
When I double click icon to open wallet,
nothing happening. I just see cursor animation,
and thats it

Previous two version worked perfect. I must switch back to
version 2.

[skittles]

got the new wallet only 1 connection but its working as it should. so what are the benefits to staking?

[zsnorbi]

New wallet not work for me 
When I double click icon to open wallet,
nothing happening. I just see cursor animation,
and thats it

Previous two version worked perfect. I must switch back to
version 2.

Working well at w7 64bit here. What Os are you trying to run it? Maybe it would help dev in debugging if you provide that information

[anders lokka]

New wallet not work for me 
When I double click icon to open wallet,
nothing happening. I just see cursor animation,
and thats it

Previous two version worked perfect. I must switch back to
version 2.

Working well at w7 64bit here. What Os are you trying to run it? Maybe it would help dev in debugging if you provide that information

Good job!
Bittrex have no excuse now!

[raetsch]

of course they have.
only optional but...
- Proof of identity and Identity Disclosure:  We provide identity verification if you are willing to provide verifiable identification documents directly to us.  We will require a picture of your identification and a second picture of you holding the id where your face and id are clearly visible.
- Get your source code reviewed by a trusted member of the community
- Information about your coin:  What is the concept behind your coin?

[anders lokka]

of course they have.
only optional but...
- Proof of identity and Identity Disclosure:  We provide identity verification if you are willing to provide verifiable identification documents directly to us.  We will require a picture of your identification and a second picture of you holding the id where your face and id are clearly visible.
- Get your source code reviewed by a trusted member of the community
- Information about your coin:  What is the concept behind your coin?

Lol! Are you sure?
All 400 coins listed on bittrex have id/passport and photo from devs?
Really?

@richiela: Is this true? Every new coin require Passport number/Id card/Pics from devs?

Decred dev won't publish mail from decred airdrop cause privacy violation, bittrex require id number? Sound strange to me.

[raetsch]

the last ones they added... i would say yes if they are not sure. and as here is no real concept except the ltc-alternative to decred...

[anders lokka]

the last ones they added... i would say yes if they are not sure. and as here is no real concept except the ltc-alternative to decred...

I'm not sure about that.
I'm seeing on bittrex hundreds of scams coin never delisted....URO also is listed,everyone know it was the biggest scam ever in crypto.
So,bittrex changed rules, but not delisted hundreds of scam coins?
Plus dozens of shit coins referred to herb, cann,jane, etc etc.

[raetsch]

Ask the guys from bittrex. Nothing in crypto seems really consistend.
Everybody wants to swim in his cryptomoney.

[super-cpu]

quote author=itsnotafork link=topic=1317122.msg13464104#msg13464104 date=1452081089]

What is Litecred?

Litecred is a new cryptocurrency with the characteristic of self-funded development, via block subsidy of 10% for each minted block. That 10% will be not directly usable at the beginning of the development stage but it will be achieved at PoW end, this means we are going to receive only around 0.8% every month. This will guarantee a small and continuos flow to the developers, in order to mantain the project active. There is no developer premine at launch. Funds collected from mining will be held in a public address and will be used for future development and/or given to users with proven skills that will help us with improvements/marketing and promotion.

Litecred wants to be intended as Decred side-project. Considering Decred as Bitcoin 2.0, Litecred wants to be Litecoin 2.0






Ticker: LTCR
Fixed Pow+PoS

PoW
Algo: Qubit
Retargeting: 30 Seconds
Maturity: 25 Blocks
Max Block Size: 8MB
PoW Supply: 78.835,200
PoW Blocks: 1.051.200

Block Structure:
Blocks 0 - 10: 26.278.000 - Litecred Initial Propagation
Blocks 10 - 100: 20 LTCR -1800 tot-
Blocks 100 - 1051200: 50 LTCR  -52.555.000 tot- about 1 Year Mining

Self-funded development, via block subsidy of 10% for each minted block


Nodes:
52.10.194.42
52.33.162.210


RPC port: 8887
Port: 8886

PoS
PoS Start: 1.050.100 (1.000 Blocks Before PoW End)
Fixed PoS Subsidy: 10 LTCR
PoS Inflation: 10.512.000 Approx. LTCR minted every year
Min. Stake Age: 6 Hours
Max. Stake Age: Unlimited

Litecred Initial Propagation (LIP)
LIP: 26.278.000 (around 33,3%)

Litecred Proof of Stake (Starting at PoW end). PoS blocks found are static blocks like PoW Blocks.


LITECRED GPU MINING EXAMPLE:

Thaiti and Pitcairn GPU based Optimized SGminer (Up to 11 MHS with a Radeon 280x):
http://cryptomining-blog.com/4819-new-sgminer-with-optimized-quark-and-qubit-kernels/


SPH-SGminer (suitabe for AMD cards) / CCMiner (suitable for NVIDIA cards)
SGminer mining example .bat file:
./sgminer -k qubitcoin —difficulty-multiplier 256 -o stratum+tcp://litecredpool:litecredport -u Weblogin.WorkerName -p Worker.Pwd + your gpu optimized parameters









LTCR LIP details:

- Block Height: 28
- Checkpoints added
- LTCR Minted: 26.278.760,00

Litecred Initial Propagation (LIP) closed


- 26.278.000 LTCR for 500 Slots available (52556 LTCR each)
- A Faucet is packed with 26.278.000,00 LTCR. Link will be posted at countdown end
- Be ready with your LTCR address to insert on faucet.
- When 500 addresses will be entered, Faucet will automatically send the coins.
- Only 1 address fo every IP. You can't apply twice with the same IP and/or LTCR address.
- We expect much involvement during the LIP, so be quick!

LIP succesfully completed!
Smooth and fair distribution with 500 addresses entered in 26 minutes from LIP countdown end.
Everyone who followed LIP countdown got enough time to enter LTCR address for the LIP.
Considering thread visit prior to LIP opening [4k],LIP was a complete success.







pool:

MAXMINERS
KRYPTOS
LOUTCHANO-MULTIPOOL
ZPOOL







Wallet:

Windows

coming soon
                                                    

coming soon

SRC







(thanks to Trader19)






YOBIT

SAFECEX

COINORIUM

SAFECEX ISTANT BUY


C-CEX VOTE




Follow us on :

LiteCred WebSite / Official Forum / Twitter / Facebook / Coinmarketcap



1500 LTCR bounty for translation:

Spanish
Russian
Nederlands
Italian




01/29/2016 Litecred Official Forum Released
01/21/2016 Litecred is added on Coinmarketcap
01/21/2016 Litecred website open
01/19/2016 Litecred is on Twitter @litecredproject
01/20/2016 Litecred New Wallet [w/checkpoints] Released
01/16/2016 Litecred added to Yobit and Safecex Exchange
01/15/2016 Litecred Localization Started
01/12/2016 Litecred LIP Closed.
01/10/2016 Litecred on Coinorium Exchange
01/09/2016 First Litecred Mining Pool
01/09/2016 Litecred Launched!
01/06/2016 Litecred Announcement




Email: info@litecred.com

[MarvinGay]

this coin is good

[Bitdonator]

LTCR going hot on YoBit right now

https://yobit.net/en/trade/LTCR/BTC

[anders lokka]

LTCR going hot on YoBit right now

https://yobit.net/en/trade/LTCR/BTC

Pump?

[Bitdonator]

New wallet not work for me 
When I double click icon to open wallet,
nothing happening. I just see cursor animation,
and thats it

Previous two version worked perfect. I must switch back to
version 2.

Working well at w7 64bit here. What Os are you trying to run it? Maybe it would help dev in debugging if you provide that information

Its same like yours- Win 7 , 64bit.

Maybe its just some bug in my OS.
Anyway, I switch to previous version, and everything
works like a charm.