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Author Topic: [LTC] Litecoin Core Development Fundraising  (Read 27936 times)
coblee (OP)
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May 25, 2013, 08:35:30 AM
Last edit: August 30, 2013, 10:47:53 AM by coblee
 #1

Purpose: To generate funds to help pay for core development work.

As you are probably familiar, the Litecoin-qt/litecoind client has not seen a release in some time. We are currently working on a new version of the software that will bring it current with the Bitcoin code base.

We have a number of developers who are highly skilled and motivated to work on this project. Work has commenced to carefully review and convert patches against Bitcoin v0.6.3 to create a clean rebase upon v0.8.x.  Once this is complete, we’ll need to do extensive testing and some additional documentation.  After the client is modernized and the network is upgraded, we have exciting plans to further improve the Litecoin protocol.

These operations take time and unfortunately a number of our developers must necessarily split time between paying projects (i.e. their day jobs) and this important work to better ensure the long-term safety and security of the Litecoin network.

It is for this reason that we are requesting donations to help fund this development work.  Funds will first be used to reimburse core infrastructure hosting expenses before being divided amongst the developers.

LTC: LRNYxwQsHpm2A1VhawrJQti3nUkPN7vtq3
BTC: 1KD5tt1p3mdZH8DDXeEwdsJNpiwUZCfzkF

Thank you,

The Litecoin Development Team
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wtogami
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May 25, 2013, 08:36:55 AM
Last edit: August 06, 2013, 08:33:41 AM by wtogami
 #2

We collect donations to accelerate the development of Litecoin and supporting vendor integration tools.  Businesses in particular may be interested in donating to get their name in the Sponsor List as being on record in support of the community.

Original Text Below ...
Quote
Updated: June 18th, 2013: We met the 5,000 LTC Challenge!

Litecoin Dev Fundraiser: 5,000 LTC Matching Donation Challenge
A big sponsor who wishes to be anonymous is willing to support the Litecoin Development Team.  They are offering a challenge grant where if we receive an additional 5,000 LTC in community donations by June 18th noon GMT, the anonymous sponsor will match with an additional 5,000 LTC.  These combined funds will go a long way toward enabling long-term development of the Litecoin software and related vendor integration tools.

The dev team donations prior to the challenge amount to 3,059.8868 LTC at LRNYxwQsHpm2A1VhawrJQti3nUkPN7vtq3.  The challenge will be complete when gross donations reach 8,059.8868 LTC as tracked on this spreadsheet.  Bitcoins donated to 1KD5tt1p3mdZH8DDXeEwdsJNpiwUZCfzkF converted and deposited to the LTC address count toward the challenge.

https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0
A list of sponsors, donations, and expenses of the Litecoin development project are listed here.  If you contact Warren with your txid and cryptographic signature proving ownership of the sending address, we may add your name or business name to the sponsor list, at our discretion.  

“The 5,000 LTC matching challenge funds is currently sequestered at LXhTDTv1cwGUb67DX88xtkQriYWmTFAVyr.”
Cryptographic signature of the quoted string proving the matching challenge funds: G/JW/UyKeN/Uplj1EVa2gmOZBN9g4FXXvNRHCnHJAdv7rtVMDX1pmfrpyLW47LaVKj7uPAfT/hKQuoMVJwPn/b4=

The identity of the anonymous sponsor will be revealed later.

Sponsorship Credit
https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0
All donations and expenses are to be tracked here.  Please let me know if you want your name to be listed as a sponsor.  Alternatively business owners might want their business name to be listed as a sponsor as a form of advertisement.  Please reply identifying yourself in the thread, perhaps include a crypto signature of the sending address as proof.  If you wish to remain anonymous that is fine too.

Development Status
Please follow the Litecoin Dev Team on Google+ for the latest news.  Will post stuff there first.

See the Litecoin Core Development Fundraising sister thread at the Litecoin Forum.

If you appreciate my work please consider making a small donation.
BTC:  1LkYiL3RaouKXTUhGcE84XLece31JjnLc3      LTC:  LYtrtYZsVSn5ymhPepcJMo4HnBeeXXVKW9
GPG: AEC1884398647C47413C1C3FB1179EB7347DC10D
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May 25, 2013, 08:52:46 AM
 #3

Nice  Smiley

https://litecoin.com.au/viewtopic.php?f=7&t=62&p=109#p109

Bitcoin will show the world what hard money really is.
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May 25, 2013, 09:08:19 AM
 #4

I think warren needs some LTC just for the github cleanup he did today  Smiley
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May 25, 2013, 09:08:23 AM
 #5

Great news, I was waiting for this news so long, I will start donation with 5 LTC , I will do my best to donate even more .

edit: sent another 5 LTC
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May 25, 2013, 10:19:52 AM
 #6

bump
serraz
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May 25, 2013, 10:25:10 AM
 #7

you have our support already donated and will continue to
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May 25, 2013, 02:37:00 PM
 #8

bump
Kryptox
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May 25, 2013, 05:57:15 PM
 #9

Excellent.  Thanks to the team working on this.  I will support this. 

I think it would be great for pools to provide the option for miners to donate a percentage directly to this.
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May 25, 2013, 06:15:51 PM
 #10

bumpity bump.

to the top where this belongs.

This is the most important post made in this forum in months.

Please consider putting real names on litecoin wiki - so many people want to see LTC go really mainstream.


Quote from: FrictionlessCoin
"I think you are to hung up on this notion about 'pre-mining' being a No-No."
- from journeys into the dark depths of the alt coin forum....
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May 25, 2013, 06:24:54 PM
 #11

Thanks Coblee.

Donated.
mmitech
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May 25, 2013, 07:20:35 PM
 #12

bump
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May 25, 2013, 07:43:17 PM
 #13

LTC has a great potentional, something completely different than the newer copycats. With a further development this can go very far.

Thank you!
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May 25, 2013, 08:04:38 PM
 #14

Litecoin Team, just wanted to say thanks for all the work you are doing. I only had 14 coins to send but hopefully will have more to send soon!

--dribbits
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May 25, 2013, 09:45:19 PM
Last edit: May 25, 2013, 09:57:25 PM by wtogami
 #15

https://forum.litecoin.net/index.php/topic,3874.msg27188.html#msg27188
Quote
Hi folks.  Sorry to dampen enthusiasm.  I read the zerocoin paper and heard from core Bitcoin devs on the topic.  Their opinion is that it is incredibly inefficient in block storage use.  If Bitcoin adopts it or something like it then we may import it as part of a standard code rebase in the future.  Litecoin's own development in the next few months focuses on stability, security, user education, vendor integration and enhanced smart fees to allow lower fees with strong anti-spam protections.  All of these goals are to improve Litecoin's usefulness as a medium of exchange in commerce, which in the long-run is the only way to enhance its inherent value.

Please contact me privately if you donate 20 LTC or more.  Include a crypto signature signed by the sending address to prove it is you.

Post a reply in public if you want your name or business to be included in the Sponsor credits.

If you appreciate my work please consider making a small donation.
BTC:  1LkYiL3RaouKXTUhGcE84XLece31JjnLc3      LTC:  LYtrtYZsVSn5ymhPepcJMo4HnBeeXXVKW9
GPG: AEC1884398647C47413C1C3FB1179EB7347DC10D
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May 25, 2013, 11:12:34 PM
 #16

Donated!

Thanks Litecoin team!

P.S. Now that summer is starting, maybe Litecoin should consider a "Litecoin summer of code" initiative and get some highschool/undergrad interns to help with the project and learn about cryptocurrency/coding.
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May 26, 2013, 01:13:42 AM
 #17

Donated!  Grin

Thanks for you work!!  Cheesy



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May 26, 2013, 01:54:24 AM
Last edit: May 26, 2013, 02:06:02 AM by neotrix
 #18

Donated 250 ltc

Btw coblee I still have the design for ltc website, just miss new texts...

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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May 26, 2013, 06:25:35 AM
 #19

https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0

All donations and expenses are to be tracked here.  Please let me know if you want your name to be listed as a sponsor.  Alternatively business owners might want their business name to be listed as a sponsor as a form of advertisement.

If you appreciate my work please consider making a small donation.
BTC:  1LkYiL3RaouKXTUhGcE84XLece31JjnLc3      LTC:  LYtrtYZsVSn5ymhPepcJMo4HnBeeXXVKW9
GPG: AEC1884398647C47413C1C3FB1179EB7347DC10D
mmitech
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May 26, 2013, 09:29:00 AM
 #20

bump
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