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Author Topic: Litecoin developers will NEVER fork to reverse transactions from theft  (Read 1758 times)
tmzn32 (OP)
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June 17, 2016, 02:17:15 PM
 #1

Arise.
https://www.reddit.com/r/litecoin/comments/2apsj7/litecoin_developers_will_never_fork_litecoin_to/
btc_zero_sum
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June 17, 2016, 02:36:28 PM
 #2

ltc community is always ready to use some big news to show how cool and correct they are, even in this case where you cannot really compare DAO functionality with LTC
tmzn32 (OP)
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June 17, 2016, 02:45:33 PM
 #3

ltc community is always ready to use some big news to show how cool and correct they are, even in this case where you cannot really compare DAO functionality with LTC

No, it is just a reminder.  Principle means something to some people.
K210
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June 17, 2016, 08:37:55 PM
 #4

This is the good thing about litecoin. It runs like a decentralised cryptocurrency not a dictatorship.
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June 17, 2016, 08:38:51 PM
 #5

That's because LTC devs do absolutely nothing anyway.

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June 17, 2016, 08:45:03 PM
 #6

That's because LTC devs do absolutely nothing anyway.

Thats because LTC does not need a bug fix every week
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June 17, 2016, 09:09:52 PM
 #7

Thats because LTC does not need a bug fix every week

I've found MANY, MANY, MANY bugs in the ltc protocol actually. That aside, I'm a big fan of the litcoin project. No fancy bells and whistles.

The eth folk really burned themselves trying to be fancy with all of that turing complete nonsense. Sure, they've made millions from presales and millions more from dumping on trex and pol... overall, just a fancy promo campaign
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June 17, 2016, 09:14:59 PM
 #8

That's because LTC devs do absolutely nothing anyway.

You know the saying...

Quote
"don't fix what ain't broke"

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June 17, 2016, 09:16:42 PM
 #9

Ask Bittrex how the CUBE nonfork feels

losh11
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June 18, 2016, 01:42:12 AM
 #10


I've found MANY, MANY, MANY bugs in the ltc protocol actually. That aside, I'm a big fan of the litcoin project. No fancy bells and whistles.

The eth folk really burned themselves trying to be fancy with all of that turing complete nonsense. Sure, they've made millions from presales and millions more from dumping on trex and pol... overall, just a fancy promo campaign

Go ahead Mr. Satoshi Nakamoto, please prove us with your intelligence.
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June 18, 2016, 02:50:04 AM
 #11

ltc community is always ready to use some big news to show how cool and correct they are, even in this case where you cannot really compare DAO functionality with LTC

I agree because Litecoin is a currency and the DAO is not.
So they are NOT comparable.

One is a centralized ICO scam run by a scammy idiot..
AKA: a pyramid scheme scam.

Don't confuse the two kid.

ON TOPIC:
This is great news and i applaud them for making the gesture of good will !

And ETH Shilltards i loooove how you are all so threatened by Litecoin ROFL
YOU KNOW it is in a league above ETH/DAO bullshit hahahah

LTC has a massive list of accomplishments what has DAO / ETH done ?
Pump & dump then the guy who started it dumped millions then they were hacked.
And it was an ICO and.. it was a scammy ICO to boot and.. It is NOT a currency !

So don't you fucking god damn damn even so much as mutter than scammy ass retard bullshit
in the same sentence as REAL Internet CURRENCIES !

ETHtard mETH head Retort Fail #308  Cheesy

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parmatiya
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June 18, 2016, 10:32:58 AM
 #12

That's because LTC devs do absolutely nothing anyway.

Thats because LTC does not need a bug fix every week

Not many people are using the LTC. It is controlled by very few chinese miners. It is a Chinese coin at the moment.

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June 18, 2016, 10:33:54 AM
 #13

no coin should hard fork ever!
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June 18, 2016, 10:35:08 AM
 #14

LTC is an old coin and one of the rarest coin with a directly exchange with $ USD!  IT's a Safe and stable coin!
worldtreasurefinders
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June 18, 2016, 03:01:37 PM
 #15

ltc community is always ready to use some big news to show how cool and correct they are, even in this case where you cannot really compare DAO functionality with LTC

Dude that post in the OP link is over a year old.  This is not Coblee responding to the DAO fail.

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June 18, 2016, 03:05:47 PM
 #16


A good marketing decision to put a statement out and draw attention back to litecoin!  Grin

 
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worldtreasurefinders
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June 18, 2016, 03:07:47 PM
 #17

Coblee, with Satoshi out of the picture now for a while, is the ONLY developer who truly understands the necessity of not screwing around with his coin.  Remember, the whole reason BTC/LTC work is because they are a digital approximation of physical gold and silver.  The only way they work is to ensure they mimic physical gold/silver as close as possible.  Back in the wild west, if a robber hijacked your caravan and stole your chest of coins, there was no central authority to invalidate the coins in the robber's hands and make the victim whole.  The value was inherent in the coin itself, nothing else.  If you start a precedent of voiding transactions you don't like (for whatever reason), you're removing the value from the coin and transferring the value to the central authority.  And this is why you can't do it, because in doing so you pull away from the basic necessity of crypto being a digital version of physical gold/silver.

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Mjbmonetarymetals
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June 18, 2016, 03:47:03 PM
 #18

ltc community is always ready to use some big news to show how cool and correct they are, even in this case where you cannot really compare DAO functionality with LTC


Hmmm the litecoin community pretty much stays silent for the most part usually any mention of it is met with a barrage of feet that try and trample it to death.

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June 21, 2016, 06:32:47 AM
 #19

The Ethereum developers never forked to reverse transaction from theft. This time, it is a problem in the protocol.

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June 22, 2016, 01:06:53 AM
 #20

The Ethereum developers never forked to reverse transaction from theft. This time, it is a problem in the protocol.

DAO is not part of the Ethereum Protocol. It's as if someone if reversing/blacklisting Bitcoins because Counterparty was hacked.
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