.

[care2yak]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

[Corvette08]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

It is a big problem. Check out my signature to find a legit ico with escrows.

[xibeijan]

Can anyone answered my earlier questions about proof of transaction?

[xibeijan]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

Dev is probably sleeping -- it's 3am.

[xibeijan]

Do I understand right that there is 5 million left to be mined?

[xibeijan]

I'm sorry maybe because I'm still a new about cryptocurrency. I would like to know, with a stock only 30 million coins are you sure these coins could be sufficient users like bitcoin? for example, if a user reaches 1 million, and if divided equally only be 30 coins? in my opinion the stock of 30 million is too little and not much for use in the global. thank you.

30 mil is plenty.  The coins are subdivided to the eighth decimal place: there's trillions of units.

[xibeijan]

Could someone please explain me what is the difference between lithium AE and other AEs such as NXT or counterparty?

Afaik the planned exchange isn't going to be an asset exchange. After all we are talking about a coin and not a token.

So it will trade other crypto-currencies?  Will it be decentralized?

I think the only trade will be BTC - XLTH and I don't think it will be decentralized, although that would be preferable for me.

Do you know anything about proof of transaction and how that works?  Will there be a bug bounty?

Yes, were are constantly paying people who find bugs in the websites and wallets in general huge amounts of Litihium.

We understand there could be bugs in our proof of transactions implementation, that´s why Lithium is said to be in alpha, not even beta. We are working to implement more mechanisms to prevent transactions spamming and other potential problems.

Thanks, proof of transaction sounds like it could be the next revolution.  How does it work in simple terms that someone nontechnical could understand?  Does it give a better reward distribution?  Good luck!

[xeqoRameshAxueamExaqana]

how much until now in reach ico selling
and why ico selling without escrow

[HCLivess]

Is there a link to Github?
Are you using some of the Bismuth (Clarity) code? If so, do you know the current drawbacks?

[Corvette08]

Is there a link to Github?
Are you using some of the Bismuth (Clarity) code? If so, do you know the current drawbacks?

No git no escrow. 

[care2yak]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

Dev is probably sleeping -- it's 3am.

Ah, yes. Will have to wait then. Have to calm myself after reading Craig's message. When dev provides good and legit answers then maybe all traces of panic in me will dissipate

[HCLivess]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

Dev is probably sleeping -- it's 3am.

Ah, yes. Will have to wait then. Have to calm myself after reading Craig's message. When dev provides good and legit answers then maybe all traces of panic in me will dissipate

Have you bought already?

[imjustsayintho]

Hello everyone my name is Craig,

I and my partner Robert were gearing up to release a new unique type of cryptocurrency called JETZ which we both collaborated on for almost the whole year of 2016 & decided to have an Initial-Coin-Offering in December last year for it, unfortunately for us there was only 1 Investor that sent funds through as we were pending the Release of the source code and Windows Qt wallets for a Xmas day release of goodies.

The user Triswardhani contacted us regarding his initial investment, he wanted to talk with us on Skype so we did with him, he then quizzed us on his reward even though he invested so little and wouldn't receive many coins then started asking about our source code and if we were going to release it publicly, we replied with how our thread stated Yes an Xmas day release with source code and a Windows Qt wallet, he then asked us in the conference if we could send him the source code for his own viewing since he was an initial investor, we thought there was no harm in giving the user a look since he was an Initial Investor into our project before anyone else and seemed trustworthy enough with his questions and understanding of cryptocurrencies, after he was done with receiving the file through transfer he just logged off, no goodbye, thank you, interesting concept or anything just gone, vanished

We sent numerous messages to him asking what happened, did he lose connection to his ISP provider, etc, etc and no reply, this went on for around a week or so before I seen a new coins thread on here while doing some general research since we don't use this forum much if at all and discovered this thread with very similar announcement headers & information to our coin project minus a few things that have been changed in the reward structure, emissions & block times, then I noticed the username

He also used a very similar username on Skype to here, he named himself Trisward.

I contacted Robert and sent him the links regarding my findings and he was gobsmacked, the hard work we were doing for almost 4 Seasons of the Year gone, poof, disintegrated, like a black hole with no return all because some asshole thought it would be pretty convenient and niffty to rip somebody else's code and then claim it as their own

There is no team behind this as far as we are aware with our contact unless it was a rouge group member of many using a pseudonym alias.

We've also read that the source code hasn't been released yet, that is probably because of us and him having to correct everything to claim it as his or her own (Very messy he said it is) probably because he has to individually edit the segments with our TM/Names, etc in it, we think this is also why he or they are not releasing the source code.

This is a downright dirty and disgraceful thing to do to another coder in terms of ethics after we worked hard and long on the project while giving up our own personal time to create something new.

You are a very inconsiderate individual and I hope everyone gets their money back, bad Karma (If it exists) on you for life.

We have both left you Negative Rep in response to this, I hope you have a Happy New Year as our Xmas was ruined because of you

All we want to know is why did you just take it and run ? We were not going to release something when we didn't know what was being done with our code after you left very abruptly with no contact or return afterwards... ?

Let me guess you still haven't released anything?  How do you know he jacked your code if he hasn't released it?  Let me guess when he releases this you will claim it's yours?  If anything the Triswardhani got scammed because he invested in your shitcoin and you have yet to release it? More trolling.

[HCLivess]

dc9e857036aec80b647545019e9d714e0d9e2f77b595e29075d9534a99b737b6
334e6d245a3c91e8ace353a12d893ece4e4359e861575f89f6deb032

Lithium address is 8 characters longer, so I think it's not using the future Clarity code, maybe just inspired by some concepts. Anyway, want to hear more

[care2yak]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

Dev is probably sleeping -- it's 3am.

Ah, yes. Will have to wait then. Have to calm myself after reading Craig's message. When dev provides good and legit answers then maybe all traces of panic in me will dissipate

Have you bought already?

My friends did because of my encouragement. So blame will fall on me if this turns out bad 

[zdeni82]

Free distribution should be stopped. There are so many fake accounts that are destroying the real ones.

[SmallMminer]

Free distribution should be stopped. There are so many fake accounts that are destroying the real ones.

Absolutely true. Too much is spent on the bounty and too little on investors, and we have so big disproportion for distribution.

[Gizfreak]

I just read this Lithium ANN at Roger Ver's BTC forum https://forum.bitcoin.com/post43334.html
And I must say that I am surprised to see a coin price of 79 sat there  
How come?

At the end you mention hafana.com as your website.
That was not a smart move imo as a whois search gave me some good info in case something would go wrong with this coin.

I'm curious to see what explanation you've got for Craig's assumptions btw.

[HCLivess]

dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?

Dev is probably sleeping -- it's 3am.

Ah, yes. Will have to wait then. Have to calm myself after reading Craig's message. When dev provides good and legit answers then maybe all traces of panic in me will dissipate

Have you bought already?

My friends did because of my encouragement. So blame will fall on me if this turns out bad  

still it may work out, but if suspicious, sell some early at first gain opportunity. it's a hard decision for most, but rational

[Bitcoin_Delivery]

I don't know if is a problem by my side but if i'm not wrong, the free distribuition should have started on 2nd of January, guiving free coins until 30th of Jan....and then, why when i log into my account i still see 0 lithium on my balance?
I've missed something?
Thanks for updating