Litecoin faucet

[kingmidas]

Hello,

As I posted in the newbie section (I just became a Jr. Member), I created a litecoin faucet.

Original topic: https://bitcointalk.org/index.php?topic=142328.0

URL: http://coinofmidas.com/litecoin

Enjoy :-)

[FuzzyBear]

looks nice ty

[nobbynobbynoob]

You might also like to post about this over on Litecointalk, if you haven't done so already.

[kingmidas]

I already posted there too  

Here it is http://forum.litecoin.net//index.php/topic,1160.0.html

Also another payment has been processed and here is the link: http://explorer.litecoin.net/t/6ZUH91rRDD

I'm curious, how are calculated the fees?

Size of yesterday's payment: 1088 bytes / Fee: 0.2
Size of today's payment: 1111 bytes / Fee: 0

[maunderingcabal]

When are payments paid. 00:00 UTC?

[kingmidas]

Yep, 00:00 UTC / GMT

[kingmidas]

Another day, another payment 

Here is the tx link: http://explorer.litecoin.net/t/64Ed1uCLm2

enjoy :-)

[kingmidas]

I forgot to post the last transaction 

Here it is: http://explorer.litecoin.net/t/85wDABuTX4

Good news: I added and tested the referral system. It works fine 

Don't try to refer yourself or you might get banned 

You will receive your earnings from referrals only if you asked for LTC at least once in a day 
The ref URL looks like http://coinofmidas.com/litecoin/?ref=YOUR_ADDRESS

You'll need to use the same address for referrals as the address you are using on the faucet.

Enjoy :-)

[FuzzyBear]

can I ask if you made this yourself or altered code on a bitcoin faucet that was in the github?? I ask as I am keen to setup a Terracoin facet at some point

[kingmidas]

I made it from scratch.

I don't like to use lots of APIs and things like that. I am bad at design, the background image and the menu are not mine, but all the code is written by me.

I also opened the terracoin faucet... I just finished it few minutes ago

I used the same code as in the litecoin faucet, the link is http://coinofmidas.com/terracoin
The first TRC payment will be made manually to be sure everything works fine.

@FuzzyBear If you'll need some help you can PM me

[crazy_rabbit]

I made it from scratch.

I don't like to use lots of APIs and things like that. I am bad at design, the background image and the menu are not mine, but all the code is written by me.

I also opened the terracoin faucet... I just finished it few minutes ago

I used the same code as in the litecoin faucet, the link is http://coinofmidas.com/terracoin
The first TRC payment will be made manually to be sure everything works fine.

@FuzzyBear If you'll need some help you can PM me

I sent some TRC to the donate address on the faucet page!

[kingmidas]

@crazy_rabbit wow thank you, I'll add you to the donations page  

The donation address is the faucet's address. I don't keep the coins, I just distribute them

Later edit:

Another payments has been processed :-)
http://explorer.litecoin.net/t/3JNm7Z7Qiv
0.7 LTC fees? 

The last two payments had no fees, how can I avoid high fees?

[coblee]

@crazy_rabbit wow thank you, I'll add you to the donations page  

The donation address is the faucet's address. I don't keep the coins, I just distribute them

Later edit:

Another payments has been processed :-)
http://explorer.litecoin.net/t/3JNm7Z7Qiv
0.7 LTC fees?  

The last two payments had no fees, how can I avoid high fees?

Yes, we will likely be reducing fees for the next release. But for now, don't send transactions with any output less than 0.01 litecoins. Those are considered spam since that's $0.0007. Each transaction less than 0.01 ltc will force you to pay an addition 0.1 ltc in fees.

Also, don't send such huge transactions. Large transactions (in bytes) will require fees.

[kingmidas]

@crazy_rabbit wow thank you, I'll add you to the donations page  

The donation address is the faucet's address. I don't keep the coins, I just distribute them

Later edit:

Another payments has been processed :-)
http://explorer.litecoin.net/t/3JNm7Z7Qiv
0.7 LTC fees?  

The last two payments had no fees, how can I avoid high fees?

Yes, we will likely be reducing fees for the next release. But for now, don't send transactions with any output less than 0.01 litecoins. Those are considered spam since that's $0.0007. Each transaction less than 0.01 ltc will force you to pay an addition 0.1 ltc in fees.

Also, don't send such huge transactions. Large transactions (in bytes) will require fees.

I see.. this is why the fee was zero on the last payments, because the smallest transaction was bigger than 0.01 LTC.
Thanks 

[kingmidas]

After last payment http://explorer.litecoin.net/t/AazECUoZbp I think I'll process only the payments bigger than 0.01 LTC because of the fees.

The payments under 0.01 LTC will be on hold until the total value of unpaid LTC is over that value.
I don't like this, but the last payments had a fee of 1.9 LTC

I added 10 LTC to the faucet yesterday and the payouts raised from 0.0065 to 0.025 LTC.

[kingmidas]

Another payment has been processed 

Here is the link: http://explorer.litecoin.net/t/4sHuEvUn5C

Cheers! 

[kingmidas]

Hello,

It looks like yesterday I had some issues with the server and the litecoind server was offline from around 11:00 to 17:00 (or 11AM to 5PM) and I wasn't home to fix them. 

The payments have been delayed because of a small bug from the auto-payment script ( I forgot a ;  ) but now everything is working fine.

Here are the links:
http://explorer.litecoin.net/t/3v9qgnqwmr
http://explorer.litecoin.net/t/79Mht49R3S

[SRG]

This is a really nice faucet and as someone new to both BTC and LTC I really appreciate it.  Thank you.

I do have one question though.  When I go to check my address [LMKuihW2dvWCnLzzaVgUYmAXMWahMQh6jy] it shows that I was paid ~.008 of a LTC but no LTC have actually showed up in my wallet despite being fully up to date with the blockchain.  Is this because the amount is so low?

I'm not complaining, you are giving away free LTC after all, just curious.  Thanks again!

[kingmidas]

This is a really nice faucet and as someone new to both BTC and LTC I really appreciate it.  Thank you.

I do have one question though.  When I go to check my address [LMKuihW2dvWCnLzzaVgUYmAXMWahMQh6jy] it shows that I was paid ~.008 of a LTC but no LTC have actually showed up in my wallet despite being fully up to date with the blockchain.  Is this because the amount is so low?

I'm not complaining, you are giving away free LTC after all, just curious.  Thanks again!

Hi,

Because of the high fees for transacting less than 0.01 LTC (0.1 ~ 0.2 LTC per transaction) I decided to delay the payment to the addresses which don't pass that value.
Yesterday I had some problems with the server and I used an older version of the auto-payment script and I think because of this the payments below 0.01 were updated to 'processed' in database but they were not sent.

I'm not home right now and today is a busy day for me, but I think I'll manage to fix it until the next payment.

It's better to post your concerns, because I may not be aware of a bug and because the traffic increased lately, it's pretty hard to compare data from database with the data from litecoin server.

Later edit: definitely there is a problem with the payment script because I checked the logs and something is not right. Probably tonight everyone will get a bonus

Later Later edit:
I found the problem: I verify addresses before inserting them into database, but the verify function ignores empty spaces and it returns true if the address is valid, even there is an empty space in the address.
Because someone put an empty space in his address, the last character was trimmed and the address was stored with 33 characters instead of 34.
Because of the invalid address, the payments couldn't be send.

Now I know where is the problem and it will be solved shortly.

If you find more bugs, if you don't know something or if you are just curious, contact me :-)

[kingmidas]

I added more coins to the faucet and set an upper limit to 0.01 LTC per request.

This helped me to reduce the fees, as you can see here:
The latest transaction: http://explorer.litecoin.net/t/5Q8GK9NVNE