[LTC] Litecoin Core Development Fundraising

[Simran]

warren, can you tell what development has been made before I actually donate? There are a few people on this "dev" team that don't even code at all, so I'd like to see the advances being made. Atm, all I see is asking for money.

Simran, really?  You of all people?  How about you take some of that rather large round anonymous donation you have received mid last year for your projects and share that with the dev team?

Dude, donations are not your paycheck. Asking for donations should be the last thing on the dev team's mind. If I've gotten donations, it's because I contributed something. You jealous I've gotten loads more donations? Stop being greedy.

Sorry Simran, you clearly misunderstood what I was talking about.  I PMed you some info.  I hope you withdraw the 'greedy' argument.

Asking for donations is the second thing on developer minds. First one is ensuring proper development of the reference client and health of the network. Donations are merely a tool provided by the community to support the development of the infrastructure around the network and help us grow it.

The development team is comprised of software developers with 10-20+ years of experience in software development. Please don't tell us what should be or should not be first on our minds.

As for the list of things I made earlier, they are _nothing_, merely a drop in an ocean of the actual work and efforts that go into research and development of the reference client which is currently a core system that maintains the Litecoin blockchain. I don't even consider what I listed as work or projects comparing to the real development that goes on behind the scenes.

Also, please keep in mind that everything Warren says, he says on behalf of the development team. So I don't know to which developers you have chosen to donate in the past, but if you don't want to donate to the development fund organized by the team managed by Coblee (who has created this network), it is your business and I have nothing to say to you anymore.

Simran's team is composed of a 16 year old. Please don't tell me what I should do with my donation money.

Simran, really?  You of all people?  How about you take some of that rather large round anonymous donation you have received mid last year for your projects and share that with the dev team?

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[jubalix]

Nah I think your logic is missing a bit

See, you have to pay for quality dev in any event

So WT is saying that he is going to leave his payment in LTC rather then just take FIAT and spend it.

This may even be provable as if he sends it to address provided, you can see if it is all just siphoned of to another address.

So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun

so the right strategy all around

[Simran]

Nah I think your logic is missing a bit

See, you have to pay for quality dev in any event

So WT is saying that he is going to leave his payment in LTC rather then just take FIAT and spend it.

This may even be provable as if he sends it to address provided, you can see if it is all just siphoned of to another address.

So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun

so the right strategy all around

He's asking for donations not a paycheck.

[efx]

"
So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun"

jubalix, highly contradictory...  The rest of your post is pure supposition ... However, I think your suggestions definitely have merit.

At least the donations are going to coblee initially, the OP is the only part of this thread that has been handled properly....

***oops, my mistake, post #2 now contains relevant information also.
However, I must ask: what's the deal with the highly compressed image with some of the information obscured?


Also, found this a bit odd: "Note: We do not recommend litehosting.org as a provider."

Oh? So you are using it only for the LTC payment option? Not exactly sure if the intent behind that statement is just an attempt at being neutral or a complaint...

Again, give some more thought to your public relations and presentation.

[wtogami]

Nah I think your logic is missing a bit

See, you have to pay for quality dev in any event

So WT is saying that he is going to leave his payment in LTC rather then just take FIAT and spend it.

This may even be provable as if he sends it to address provided, you can see if it is all just siphoned of to another address.

So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun

so the right strategy all around

This is precisely my intent.  After documented expenses and taxes are paid out, I intend on holding the LTC for a long while.  If LTC becomes a medium of exchange in commerce instead of an irrational speculator's playground then it's worthwhile to hold for that possibility.  This could also be a risk of losing all that value if LTC is not embraced by the merchants.  I can only make the software technically better.  I cannot control what merchants do with it.

What are the expenses?

• Team infrastructure expenses are top priority.
• We plan on small donations to skilled contractors for specific tasks.  For example, we have 100 LTC promised to an old school expert OpenBSD/MacOS developer if he succeeds at officially maintaining both ports. There will also be a bigger donation to a highly skilled expert for an external code audit, meant to reduce the overall risk to the network.
• forrestv got some LTC for his current work to substantially mitigate problems caused by p2pool.  We realized only recently that p2pool had alarmingly grown to become the largest txo generator for Litecoin.  The next version of p2pool LTC will hardfork its share chain to pay out larger minimum dust sizes and less often, thereby making p2pool dust far less painful to deal with.
• So far all the other core devs have refused these donations.  However, I strongly recommend that pools consider donating to pooler directly after he saved their collective asses..
• The guidance on tax treatment is unclear to me, so I plan to hire a CPA firm to figure out how I may be required to classify this as income to remain in compliance with the law.  Depending on what the CPA tells me, I might be forced to sell a portion of the post-expense LTC to USD to pay Federal and State estimated income taxes.

[CoinHoarder]

Jeez, I just don't get some of you... these guys are working to improve the future of Litecoin, they deserve donations.

If you don't want to donate, then do not donate. Trolling this thread and the dev team does absolutely no good to anyone.

Keep up the great work devs, as others have stated I'm happy Litecoin can attract the caliber of devs that it is. It makes me really excited for Litecoin's future.

Warren, you have my respect for not fighting back and remaining respectful in your replies, don't let the naysayers get to you.  


PS: To Litecoin miners that want to donate: hypernova.pw is neat pool with a custom front end. There is a 1% pool fee, but you can also set it to send 1-10% of your minted coins straight to the dev team, which is quite convenient.  

EDIT: ^^ hmm, that feature seems to have disappeared. Sorry for the misinformation. 

[nightengale]

All of this is why litecoin could potentially not make it. The developers have done good work thus far and appear to continue to do good work and lay the groundwork for great things. If they're asking for donations and you want to give, awesome. If you don't, then don't.

[adpinbr]

Maybe Im uninformed but seems like they till last week, they didn't work on the project for a while. LTC is the second crypto currency, we are all going to be billionaires, donate away

[aspect]

"
So WT is investing and building a stake. Also nothing concentrates the mind when you have a stake in what you are doing rather than just a hired gun"

jubalix, highly contradictory...  The rest of your post is pure supposition ... However, I think your suggestions definitely have merit.

At least the donations are going to coblee initially, the OP is the only part of this thread that has been handled properly....

***oops, my mistake, post #2 now contains relevant information also.
However, I must ask: what's the deal with the highly compressed image with some of the information obscured?


Also, found this a bit odd: "Note: We do not recommend litehosting.org as a provider."

Oh? So you are using it only for the LTC payment option? Not exactly sure if the intent behind that statement is just an attempt at being neutral or a complaint...

Again, give some more thought to your public relations and presentation.

Hi efx,

Your points are noted.  I would like to say that we are all trying our best. We are not a large organization that can afford to handle someone to do PR or for that matter do peer reviews on every post. For the most part, we are all overloaded with existing tasks and our priority is working on & thoroughly testing technical aspects of the system and supporting infrastructure.  I myself have been repeatedly malfunctioning by trying to do too many things at the same time.  In the last 2-3 months, Litecoin project has created a full-time workload for me personally... and I have a full-time job...

Which is a reason why I almost never post on forums. Writing these posts consumes time and a lot of time what is written gets dissected and turned upside down from it's original meaning. Like some weird form of ASCII Darwinism. This time IMHO is much better spent on writing code that relates to Litecoin projects.

Having now worked for months with people in the dev team and supporting the project from pre-BCX days.  I can say that everyone is doing their best and that we rely on community to understand our goals and efforts and hopefully ignore any shortcomings.

To respond to your exact questions, I understand your question about highly compressed image, because I have an image processing background and know how "customer" can look at that. However, for a developer who does code and doesn't care about images, this is irrelevant and not worth the time to think about.

As for Litehosting, being a provider that accepts Litecoin as a payment, it only made sense to support them and use their services.  Unfortunately this provider had a server malfunction, which resulted in serious data loss (right as I was setting up backup scripts!). The provider has not acted professionally on our opinion and we have decided to gradually migrate to other providers.  We switched parts of our infrastructure to BitVPS and unfortunately ran into further problems there as well.  As a result, I incurred a cost of over 10 hours in additional work that did not need to be done (and I still have much more work pending that area). But while this was painful, the effect was positive. All our sites are now properly backed up and as previously mentioned we have put together a monitoring service that constantly monitors our infrastructure for downtime.  We no longer actively endorse Litehosting, but we haven't abandoned them and still use them for some services. Everyone makes mistakes and IMHO it is a learning experience for all of us (at least this is my personal take on that). At least now, with the development fund, we can consider migration to major providers.

TL;DR;

We are doing our best. Our primary goals are technological advancements of the code base, health and stability of the network and stimulation of integration with 3rd party service providers.  We hope Litecoin community understands this, supports us in our efforts and forgives us for any shortcomings.

[wizzardTim]

Thank you Litecoin Development Team for all your efforts. We appreciate the hard work you guys do.

I see that you've added many translations in the official site "litecoin.org". I could help with translating the site to the greek language (ελληνικά). If you'd like that, feel free to pm me.

I believe the community (and above all merchants) needs a better "Litecoin accepted here" logo or button, since the original one is way too blurred / faded out. Schism has made an excellent LTC icon, and by excellent I mean the best there is. You can check it here --> https://forum.litecoin.net/index.php/topic,4212.0.html

Also, wtfhazzy has made an excellent font for it here http://www.reddit.com/r/litecoin/comments/1ftg6l/we_need_a_new_litecoin_accepted_here_logo/

Schism said he will combine the logo with the font, so the result will be absolutely amazing.

If possible, we'd like to use the new LTC logo/ LTC accepted here button on the wikipedia, litecoin.org & everywhere else, because the visual element always counts and makes LTC more appealing.



Waiting to hear from you,
Sincerely, wizzardTim

[aspect]

Thank you Litecoin Development Team for all your efforts. We appreciate the hard work you guys do.

I see that you've added many translations in the official site "litecoin.org". I could help with translating the site to the greek language (ελληνικά). If you'd like that, feel free to pm me.

I believe the community (and above all merchants) needs a better "Litecoin accepted here" logo or button, since the original one is way too blurred / faded out. Schism has made an excellent LTC icon, and by excellent I mean the best there is. You can check it here --> https://forum.litecoin.net/index.php/topic,4212.0.html

Also, wtfhazzy has made an excellent font for it here http://www.reddit.com/r/litecoin/comments/1ftg6l/we_need_a_new_litecoin_accepted_here_logo/

Schism said he will combine the logo with the font, so the result will be absolutely amazing.

If possible, we'd like to use the new LTC logo/ LTC accepted here button on the wikipedia, litecoin.org & everywhere else, because the visual element always counts and makes LTC more appealing.



Waiting to here from you,
Sincerely, wizzardTim

Hi wizzardTim,

I posted a request to schisms here: https://forum.litecoin.net/index.php/topic,4212.msg30015.html#msg30015

This area contains most graphics: http://litecoin.info/Graphics_Resources  I also posted on reddit asking people to submit there.

For the translation, that would be most appreciated.  The best way to do this is to do "view source" of litecoin.org site and edit the text in place.  Then e-mail to contact@litecoin.org.  That will reach me and I will embed the new language into the site.

If you are familiar with how git/github works, you can do integration yourself by creating a branch and a pull request of litecoin.org site at https://github.com/litecoin-project/litecoin.org and modifying https://github.com/litecoin-project/litecoin.org/blob/master/views/index.ejs and https://github.com/litecoin-project/litecoin.org/blob/master/site.js  ...but if this is too complex, just e-mail us the translation.

Any contributions in any form are greatly appreciated.  If someone is proficient in another language and can do a proper technical translation of litecoin.org, please take your time to do the same.  Ever since we have introduced other languages, we have received e-mails from people around the world with comments or support questions (for which we had to use google translate to answer ).

Thanks!

[adpinbr]

Im willing to translate to hebrew. where should i submit such a translation?

[wizzardTim]

Thank you Litecoin Development Team for all your efforts. We appreciate the hard work you guys do.

I see that you've added many translations in the official site "litecoin.org". I could help with translating the site to the greek language (ελληνικά). If you'd like that, feel free to pm me.

I believe the community (and above all merchants) needs a better "Litecoin accepted here" logo or button, since the original one is way too blurred / faded out. Schism has made an excellent LTC icon, and by excellent I mean the best there is. You can check it here --> https://forum.litecoin.net/index.php/topic,4212.0.html

Also, wtfhazzy has made an excellent font for it here http://www.reddit.com/r/litecoin/comments/1ftg6l/we_need_a_new_litecoin_accepted_here_logo/

Schism said he will combine the logo with the font, so the result will be absolutely amazing.

If possible, we'd like to use the new LTC logo/ LTC accepted here button on the wikipedia, litecoin.org & everywhere else, because the visual element always counts and makes LTC more appealing.



Waiting to here from you,
Sincerely, wizzardTim

Hi wizzardTim,

I posted a request to schisms here: https://forum.litecoin.net/index.php/topic,4212.msg30015.html#msg30015

This area contains most graphics: http://litecoin.info/Graphics_Resources  I also posted on reddit asking people to submit there.

For the translation, that would be most appreciated.  The best way to do this is to do "view source" of litecoin.org site and edit the text in place.  Then e-mail to contact@litecoin.org.  That will reach me and I will embed the new language into the site.

If you are familiar with how git/github works, you can do integration yourself by creating a branch and a pull request of litecoin.org site at https://github.com/litecoin-project/litecoin.org and modifying https://github.com/litecoin-project/litecoin.org/blob/master/views/index.ejs and https://github.com/litecoin-project/litecoin.org/blob/master/site.js  ...but if this is too complex, just e-mail us the translation.

Any contributions in any form are greatly appreciated.  If someone is proficient in another language and can do a proper technical translation of litecoin.org, please take your time to do the same.  Ever since we have introduced other languages, we have received e-mails from people around the world with comments or support questions (for which we had to use google translate to answer ).

Thanks!

Hi aspect,

I am glad you accepted my request and it will be an honour to help . I will do the translate this week. I am not familiar with github, but since I know php, html and javascript, I guess github will not be a problem for me.

If i face any difficulty or issue, I will send you the translation directly.

Let's make it happen!!!

[aspect]

Im willing to translate to hebrew. where should i submit such a translation?

adpinbr, please read my response to wizzardTim.  You can e-mail to contact@litecoin.org if you need help.

[Stark-Fujikawa]

I have sent you a Dutch translation for Litecoin.org. If there are other materials you'd like to see translated, do not hesitate to drop me a line.

[efx]

^ Awesome!

Aspect, the only reason I brought up the image is because some of the information is obscured. Compression artifacts are of no concern (it's not really promotional content) for such a document if it's at least legible.

The statement about hosting makes much more sense now. I think at least giving it a try was a good idea. We could use more customer reports on cryptocurrency services, that's for sure!


Anyways, I'm very pleased to see someone reaching out to those who are willing to help

[forsetifox]

LTC has negative hashrate right now. =O

[aspect]

LTC has negative hashrate right now. =O

forsetifox, this is a fundraising thread.  It would be appreciated if you post topics or questions related specifically to fundraising or overall project strategy & actions.  If you have any questions or concerns related to existing client functionality, litecoin forums would be a more appropriate place: http://forum.litecoin.net.

What you are describing is a very old hash rate calculation bug that has been fixed long time ago in this commit: https://github.com/litecoin-project/litecoin/commit/7fd4c83da7d5315720ff9e481f319ccfddc5f958

I.e. this is fixed if you are building from 0.6.3c sources available on github.  This RPC call is usually used only by miners and users who run litecoind on linux servers.

Naturally, this is also fixed in the upcoming 0.8.2 release.

[wtogami]

https://forum.litecoin.net/index.php/topic,4040.msg30133.html#msg30133

[wizzardTim]

Thank you Litecoin Development Team for all your efforts. We appreciate the hard work you guys do.

I see that you've added many translations in the official site "litecoin.org". I could help with translating the site to the greek language (ελληνικά). If you'd like that, feel free to pm me.

I believe the community (and above all merchants) needs a better "Litecoin accepted here" logo or button, since the original one is way too blurred / faded out. Schism has made an excellent LTC icon, and by excellent I mean the best there is. You can check it here --> https://forum.litecoin.net/index.php/topic,4212.0.html

Also, wtfhazzy has made an excellent font for it here http://www.reddit.com/r/litecoin/comments/1ftg6l/we_need_a_new_litecoin_accepted_here_logo/

Schism said he will combine the logo with the font, so the result will be absolutely amazing.

If possible, we'd like to use the new LTC logo/ LTC accepted here button on the wikipedia, litecoin.org & everywhere else, because the visual element always counts and makes LTC more appealing.



Waiting to here from you,
Sincerely, wizzardTim

Hi wizzardTim,

I posted a request to schisms here: https://forum.litecoin.net/index.php/topic,4212.msg30015.html#msg30015

This area contains most graphics: http://litecoin.info/Graphics_Resources  I also posted on reddit asking people to submit there.

For the translation, that would be most appreciated.  The best way to do this is to do "view source" of litecoin.org site and edit the text in place.  Then e-mail to contact@litecoin.org.  That will reach me and I will embed the new language into the site.

If you are familiar with how git/github works, you can do integration yourself by creating a branch and a pull request of litecoin.org site at https://github.com/litecoin-project/litecoin.org and modifying https://github.com/litecoin-project/litecoin.org/blob/master/views/index.ejs and https://github.com/litecoin-project/litecoin.org/blob/master/site.js  ...but if this is too complex, just e-mail us the translation.

Any contributions in any form are greatly appreciated.  If someone is proficient in another language and can do a proper technical translation of litecoin.org, please take your time to do the same.  Ever since we have introduced other languages, we have received e-mails from people around the world with comments or support questions (for which we had to use google translate to answer ).

Thanks!

Hi aspect,

I am glad you accepted my request and it will be an honour to help . I will do the translate this week. I am not familiar with github, but since I know php, html and javascript, I guess github will not be a problem for me.

If i face any difficulty or issue, I will send you the translation directly.

Let's make it happen!!!

Hi aspect,

I have finished the greek translation on github!! I have made 2 pull requests, please consider only the last one, with the word "FINAL" in the title. It is the first time I use github, so please excuse my ignorance.
I believe I have done everything right, take a while to check it too, just to be sure.

Waiting to hear from you,
wizzardTim