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sxafir
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December 31, 2016, 08:20:33 AM |
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Lithium lookin good,dividends will be avalible?🙈
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fortunecrypto
Legendary
Offline
Activity: 2548
Merit: 1048
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December 31, 2016, 09:17:28 AM |
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Hi, i had a questions .. so total Coins: 30,000,000 is the initial supply? and every year it will increase approximately +3.5% ??
Yes the initial supply is 30 M and the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed. So annual interest is 3.5% only if there are transactions in every block. interesting.. ty for quick reply. 30 million is not a huge supply at all I don't think it will drop from it's ico supply and the interest per year is not also that big,so there's no question of inflation dev needs to create usage of the coin with the free distribution this will easily build community,I hope no one is dumping their coin.
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eternal_newbie
Member
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Activity: 85
Merit: 10
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December 31, 2016, 10:31:40 AM |
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Hi, i had a questions .. so total Coins: 30,000,000 is the initial supply? and every year it will increase approximately +3.5% ??
Yes the initial supply is 30 M and the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed. So annual interest is 3.5% only if there are transactions in every block. How will this work on exchanges? Buying and selling will be a transaction, but I belive the transaction occurs internally at the exchanges.
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Pi -network Mine crypto from your mobile phone More then 900 000 active users. Join here: Minepi.com Referral: ulwima
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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December 31, 2016, 10:37:12 AM |
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I appreciate the kind bounty for the twitter campaign and we will try our best to promote etc. This looks like a really nice and solid project and I will try to do a blog review after the new year as i will be a bit busy two days cooking for family etc. Have a great New Year. . I will invest in the ICO as well because it is very cheap..For 30 million coins and a 20-35 btc initial market cap, once all the initial freebie dumpers dump their stash, this can easily rise x 5 in value, so for any speculators out there, it really is a no-brainer. With all those heavily priced ICOS out there, this one is a breathe of fresh air and very affordable. I will certainly want to get in on the first day too!
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lda1000
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December 31, 2016, 12:26:25 PM |
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Hi, i had a questions .. so total Coins: 30,000,000 is the initial supply? and every year it will increase approximately +3.5% ??
Yes the initial supply is 30 M and the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed. So annual interest is 3.5% only if there are transactions in every block. "the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed." How is the network validating this against an adversary? An example: miners/stake holders can always include a transaction to itself and change the code so the selection of the pub key is not random, instead rewarding them self with a block reward.
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Belligerent Fool
Legendary
Offline
Activity: 1218
Merit: 1001
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December 31, 2016, 12:53:33 PM |
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Hi, i had a questions .. so total Coins: 30,000,000 is the initial supply? and every year it will increase approximately +3.5% ??
Yes the initial supply is 30 M and the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed. So annual interest is 3.5% only if there are transactions in every block. "the network creates 2 coins every minute rewarding a random public key involved in a transaction in the last block, but if there are not transactions in the last block the coins are destroyed." How is the network validating this against an adversary? An example: miners/stake holders can always include a transaction to itself and change the code so the selection of the pub key is not random, instead rewarding them self with a block reward. Well when the ICO coins that the dev wants people to buy sells out or gets burnt then those 2 coins per minute that get rewarded to 1 individual user will be getting fought over so it will make it more sought after, 2 coins per min x 60 mins is 120 then times that by 24 gives you 2880 XLTH created per day by the Network.
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jelma
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December 31, 2016, 01:37:28 PM |
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Hi Dev, I have already write article about The Lithium Project to blog bounty, check PM please Thankyou
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robelneo
Legendary
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Activity: 3402
Merit: 1225
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December 31, 2016, 05:29:10 PM |
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I'm sure they can complete in time for the launching,this is a serious project not all coins can create an android wallet,some of the devs still waits for the ico to finish before they create an android version,dev must complete the site within two weeks to generate more interest in Lithium.
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2017 coin
Newbie
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Activity: 39
Merit: 0
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December 31, 2016, 05:41:28 PM |
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interested projects I join
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eternal_newbie
Member
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Activity: 85
Merit: 10
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December 31, 2016, 05:47:03 PM |
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I'm sure they can complete in time for the launching,this is a serious project not all coins can create an android wallet,some of the devs still waits for the ico to finish before they create an android version,dev must complete the site within two weeks to generate more interest in Lithium. The development has been speedy so far. I'll be really surprised if the web-site isn't ready on time. Happy new year, everybody.
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Pi -network Mine crypto from your mobile phone More then 900 000 active users. Join here: Minepi.com Referral: ulwima
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trbutjk
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December 31, 2016, 06:06:29 PM |
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Happy new year for you too
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Triswardhani (OP)
Full Member
Offline
Activity: 168
Merit: 100
Lithium core developer
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December 31, 2016, 06:55:45 PM |
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Lithium Investor's Handbook:Contains information about Lithium, its current state, future projects and more.Download Now
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Triswardhani (OP)
Full Member
Offline
Activity: 168
Merit: 100
Lithium core developer
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December 31, 2016, 08:04:14 PM |
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Guys, on Monday we will release the Console Wallet for Windows, so we need to decide what we should focus our time on next:
1. We have an Asset Exchange platform almost finished and could be finished in less than a week. We can launch a Lithium/BTC market.
or
2. Start GUI Wallet for Windows development. It might take 1 to 2 weeks to release an alpha version.
Please vote
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ranggawulung
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December 31, 2016, 08:06:55 PM |
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vote done hoping lithium project succsess. goodluck
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jelma
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December 31, 2016, 08:09:45 PM |
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voted happy new year
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iHaveNoClue
Member
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Activity: 85
Merit: 10
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December 31, 2016, 08:46:40 PM |
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No escrow? Let me ask you this. Who are you, who is your team. Where are you from. Wheres is your linkedin or facebook? We are already paying out coins. If you join the Twitter campaign you can receive 300 XLTH today. More details here: https://bitcointalk.org/index.php?topic=1731314.0The ANN will be updated with all that data in a few hours. But I still dont see any information about the team memebrs and still no info about an escrow. How do you expect us to trust you and invest in your ico when I can find plenty of ico's with escrow and some even have targets they need to reach before getting their btc like in the purevidz ico. Im passing this one because it looks like a scam, feels like a scam and your not using escrow. Ok, please read the ANN above. You are welcome to participate in the Free Distribution anyway. Kinds regards Im not discussing the free coins im talking about your planned initial coin offering (ico) with no escrow and zero information about you you are and whos in your team. ANN: We are currently working on the following:
1) Release the white paper 2) Release an investor's Handbook containing all the information regarding Lithium, its current state, future projects, financial projections, and a pitch explaining why we think you should invest in Lithium. 3) Update the ANN thread with new graphics and finally detail all the information some of you are asking for. 4) Release the ICO platform. 5) Finish and release a simple block explorer so it can be available at Launch on January 2. 6) We are paying the bounties and Twitter campaign participants. 7) We are trying to answer back all of your Private Messages.
What needs to be worked on,. your fake identities? Who are you, surely you dont need time to figure that out. What's your name. Where are you from. What are your social media accounts. Still waiting on your identities.
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Corvette08
Member
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Activity: 70
Merit: 10
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December 31, 2016, 09:23:46 PM |
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Next first step need escrow services tied in. I am open to use escrow but I just don't understand why and when they will release the ICO funds. If you explain to me that we might get one. 1. Most ICOs promise coins to be released in the future, but Lithium has already released 2 wallets and we have sent tons of coins for free, thus proving we are not a scam. 2. Escrows release the ICO funds when the developer delivers the project, but we have already delivered the project, so I don't understand when will they release the ICO funds. I just don't see the logic in an escrow when 1) we have already proven we are not a scam 2) we have released wallets (and will release windows wallet on Monday) 3) We have given away coins for free. Just because you give away some coins and build a wallet or two does not = you not running with the ico money. We are not stupid and we wont fall for your scam.
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Triswardhani (OP)
Full Member
Offline
Activity: 168
Merit: 100
Lithium core developer
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December 31, 2016, 09:41:47 PM |
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Next first step need escrow services tied in. I am open to use escrow but I just don't understand why and when they will release the ICO funds. If you explain to me that we might get one. 1. Most ICOs promise coins to be released in the future, but Lithium has already released 2 wallets and we have sent tons of coins for free, thus proving we are not a scam. 2. Escrows release the ICO funds when the developer delivers the project, but we have already delivered the project, so I don't understand when will they release the ICO funds. I just don't see the logic in an escrow when 1) we have already proven we are not a scam 2) we have released wallets (and will release windows wallet on Monday) 3) We have given away coins for free. Just because you give away some coins and build a wallet or two does not = you not running with the ico money. We are not stupid and we wont fall for your scam. Ok, so if we use escrow according to you when should he release the ICO funds? Because most escrows release the funds when the coin is released.
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