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Author Topic: [ANN] Bitcoin Lite - Decentralized True Lite Version Of Bitcoin  (Read 9365 times)
BitcoinXAG (OP)
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August 18, 2017, 11:22:13 AM
Last edit: December 06, 2017, 05:00:50 AM by BitcoinXAG
 #1











Code:
http://bitcoinlite.net/Downloads/ - Mac Wallet Updated
http://www.bitcoinlite.net
Github - https://github.com/bitcoin-lite/BitcoinLite

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Giveaway Ends Thanks for Taking Part Smiley

Code:
Coin abbreviation	
LITE

Address letter
1

RPC port
21348

P2P port
21347

Block reward
150 coins

Total coin supply
78750000 coins

Premine percent
20%

PoS percentage
35% per year

Last PoW block
block 1200

Coinbase maturity
20 blocks

Target spacing
64 seconds

Target timespan
1 block

Transaction confirmations
6 blocks

Code:
BitcoinLite Explorer
bitcoinlite.thecryptochat.net
Node IP: 154.16.7.220
37.97.242.80:21347
136.243.83.33:48832
185.168.187.12:43483
219.91.216.92:49480
49.33.31.115:56328



https://coinsmarkets.com/trade-BTC-LITE.htm

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cryptounicon
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August 18, 2017, 11:37:01 AM
 #2

*Reserved*

Cool, hope to see more as this develops further. Is it going to be a POS concept?

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BitcoinXAG (OP)
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August 18, 2017, 11:42:58 AM
 #3

*Reserved*

Cool, hope to see more as this develops further. Is it going to be a POS concept?

700 Blocks Are Still Remaining In Pow But The Premine Would Support The Community Smiley

God Bless

Good Deeds Are Never Wasted.
toreador8888
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August 18, 2017, 11:53:15 AM
 #4

What is the mission of this coin?
cointabo
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August 18, 2017, 11:56:50 AM
 #5

*Reserved*

Cool, hope to see more as this develops further. Is it going to be a POS concept?

700 Blocks Are Still Remaining In Pow But The Premine Would Support The Community Smiley

God Bless

Just from the way how you construct your sentences its evident that this project is a FAIL.
BitcoinXAG (OP)
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August 18, 2017, 11:57:54 AM
 #6

What is the mission of this coin?

Well To make it Cost Efficient Bitcoin's Version Smiley

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BitcoinXAG (OP)
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August 18, 2017, 11:58:52 AM
 #7

*Reserved*

Cool, hope to see more as this develops further. Is it going to be a POS concept?

700 Blocks Are Still Remaining In Pow But The Premine Would Support The Community Smiley

God Bless

Just from the way how you construct your sentences its evident that this project is a FAIL.

Thank you i just had to add in rush as i had already added in GITHUB Smiley so it wont be all mined out

Good Deeds Are Never Wasted.
Adriano2010
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August 18, 2017, 12:02:17 PM
 #8

Can this coin be mined with normal PC at the beginning?
pinoycash
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August 18, 2017, 12:02:50 PM
 #9

*Reserved*

Cool, hope to see more as this develops further. Is it going to be a POS concept?

700 Blocks Are Still Remaining In Pow But The Premine Would Support The Community Smiley

God Bless

You mean this coin will be airdrop? or what? need more info. another airdrop community in the making. goodluck


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cryptounicon
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August 18, 2017, 12:03:43 PM
 #10

How do we mine this coin before its completely pre-mined already? I'd imagine block rewards on the POW must be really huge based on your Maximum coin supply.

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zxbball
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August 18, 2017, 12:06:37 PM
 #11

bitcoin lite? copy the code of litecoin?   or a bitcoin copy like bitcoin cash? did you have airdrop project?Or is it possible to split a bitcoin or sign a bitcoin? I like the mode of BCC.
BitcoinXAG (OP)
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August 18, 2017, 12:09:11 PM
 #12

bitcoin lite? copy the code of litecoin?   or a bitcoin copy like bitcoin cash? did you have airdrop project?Or is it possible to split a bitcoin or sign a bitcoin? I like the mode of BCC.

Every Coin has the code of satoshi So they all function the same way.. Airdrops Yes I'll add wallet shortly.

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August 18, 2017, 12:29:14 PM
 #13

Is this a smaller version of bitcoin? Whether it will develop as fast as bitcoin? Although I'm not sure of its development, I admit, this project has an interesting concept, but anyway, hopefully it works well according to plan
BitcoinXAG (OP)
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August 18, 2017, 12:32:16 PM
 #14

Is this a smaller version of bitcoin? Whether it will develop as fast as bitcoin? Although I'm not sure of its development, I admit, this project has an interesting concept, but anyway, hopefully it works well according to plan

Its a lite version also we added pos to it.. and it stakes 35% every year meaning if you have 100 Bitcoin lite it would be 135 after a year Smiley

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BitcoinXAG (OP)
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August 18, 2017, 12:39:53 PM
 #15

Can this coin be mined with normal PC at the beginning?
Yea possibly if cpu is good enough.

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jukKas
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August 18, 2017, 12:47:19 PM
 #16

This seems somewhat interesting. This can't be straight Bitcoin fork, since there's 78750000 coins, and PoS etc.? I think this looks like whole different approach how Bitcoin could work and at first sight it seems cool. Will definitely be watching how's this going to be developed. Good luck for the dev!

What is the mission of this coin?

Well To make it Cost Efficient Bitcoin's Version Smiley


What do you think if SegWit, LN:s and possible HF will make Bitcoin much more efficient at speed and cost?

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BitcoinXAG (OP)
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August 18, 2017, 12:53:58 PM
 #17

This seems somewhat interesting. This can't be straight Bitcoin fork, since there's 78750000 coins, and PoS etc.? I think this looks like whole different approach how Bitcoin could work and at first sight it seems cool. Will definitely be watching how's this going to be developed. Good luck for the dev!

What is the mission of this coin?

Well To make it Cost Efficient Bitcoin's Version Smiley


What do you think if SegWit, LN:s and possible HF will make Bitcoin much more efficient at speed and cost?

Well miners are mainly rewarded with fees and if bitcoin only reaches 100k  then it would be worth for the miners to mine bitcoin... So far bitcoin-Cash had been a great support to bitcoin at least for now.. Lets see the future of bitcoin where it takes... Actually the main problem are miners since they completely take control of the bitcoin's network and users are left nothing to mine... that is a sad part of gpu mining .. so i made this somewhat 90% POS hopefully people would like the concept.. The Premine Would support the network forever Smiley i would really appreciate if someone is interested in taking the project further.. hopefully we can form a team where people would actually want to work and make it a good success.. so far a lot of work need to be done.. The future is still ahead... Thanks for the wishes.

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August 18, 2017, 12:55:34 PM
 #18

To many coins overuse a word "Bitcoin": Bitcoin Cash, Bitcoin Dark, Bitcoin Lite.. this looks confusing. Is it a goal for the name to be confusing?

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BitcoinXAG (OP)
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August 18, 2017, 12:57:03 PM
 #19

To many coins overuse a word "Bitcoin": Bitcoin Cash, Bitcoin Dark, Bitcoin Lite.. this looks confusing. Is it a goal for the name to be confusing?

Yes i do agree there are many coins of the same but nothing that actually means for what it is .. this is a lite version so its bitcoin -lite i don't know why they make so many strange names after the bitcoin... So i liked the name i wanted to make one for the community for what it means Smiley

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August 18, 2017, 01:01:19 PM
 #20

Is this a smaller version of bitcoin? Whether it will develop as fast as bitcoin? Although I'm not sure of its development, I admit, this project has an interesting concept, but anyway, hopefully it works well according to plan

Its a lite version also we added pos to it.. and it stakes 35% every year meaning if you have 100 Bitcoin lite it would be 135 after a year Smiley

Wow, this is promising, a very good growth prediction, but is you sure about that growth? Because I think it will not be easy to achieve, but if the growth in one year reaches 35%, I'm sure this project will grow rapidly
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