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Author Topic: [ANN] Litkoin - First Authentic Indonesian Cryptocoin - NO ICO  (Read 34076 times)
litkoin
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October 09, 2017, 01:36:51 PM
Last edit: December 28, 2017, 10:19:46 AM by litkoin
 #1




Litkoin is Decentralized P2P cryptocurrency and open source software project released under the MIT/X11 license (first version from Litecoin basically). Litkoin is global payment network that is fully decentralized, using the algo scrypt as proof-of-work algorithm to secures the network and empowers individuals to control their own finances.

Because so many coins out there have different purpose and market segment, The reason Litkoin has been created not just to become store of value but to made many use cases into PSP (Platform, Service, and Products). The developer believed it will be highly demand market into Litkoin, since it was open source project, and many developers have been participated into the project and will made Litkoin more useful into future, not just the simple store of value.


WEBSITE

http://litko.in/


SPECIFICATION

Type : POW ( Proof of Work )

Algorithm : Scrypt ( So far, one of the best algo for security network )

Difficulty Retarget : Every 2.5 minutes

Block Time : Every 30 Seconds ( Make transaction even faster than other coins )

Confirmation Transaction : 6 Blocks

Coinbase Maturity : 20 Blocks

Fee Transaction : 0.001 LTK

Total Supply Coins: 1,000,000,000 or 1 Billion LTK ( To accomodate larger demand, we need to have bigger supply )

POW Block Rewards :
Premined ( Mined by core devs ): 2.000.000 LTK (0.2% from Total Supply )
Pre-launch Stage 1 : 5.000 LTK rewards per block ( < 5.000 blocks ) : 25.000.000 LTK (2.5% from Total Supply)
Pre-launch Stage 2 : 2.500 LTK rewards per block ( < 10.000 blocks ) : 12.500.000 LTK (1.25% from Total Supply)
Prelaunch funds will be used for developments, bounty, airdrop, and many activities ahead
—---------------------------------------------
After pre-mined and pre-launch, (Rewards halving every 840k blocks +/- 1 year time )
Reward : 500 LTK rewards per block ( 10.001 - 840.000 blocks ) : 414.999.500 LTK (41.50% from Total Supply)
Reward : 250 LTK rewards per block ( 840.001 - 1.680.000 blocks ) : 207.499.750 LTK (20.75% from Total Supply)
Reward : 125 LTK rewards per block ( 1.680.001 - 2.520.000 blocks ) : 103.749.875 LTK (10.37% from Total Supply)
Reward : 62.5 LTK rewards per block ( 2.520.001 - 3.360.000 blocks ) : 51.874.937 LTK (5.19% from Total Supply)
Reward : 31.25 LTK rewards per block ( 3.360.001 - 4.200.000 blocks ) : 25.937.468 LTK (2.59% from Total Supply)
Reward : 15.625 LTK rewards per block ( 4.200.001 - 5.040.000 blocks ) : 12.968.734 LTK (1.30% from Total Supply)
Reward : 7.8125 LTK rewards per block ( 5.040.001 - 5.880.000 blocks ) : 6.484.367 LTK (0.65% from Total Supply )
etc...



WALLET


WINDOWS


LINUX


TELEGRAM


ANDROID WALLET (Alpha Test)


=========================

Wallet Configuration

rpcuser=user
rpcpassword=password
rpcallowip=127.0.0.1
daemon=1
server=1
listen=1
port=10333
rpcport=10332
addnode=80.211.128.118
addnode=80.211.235.208


MINING POOL

http://miningpool.shop
(Credits to Lukman)

http://www.lycheebit.com/
(Credits to lycheebit)

http://109.235.67.6/getting_started/
(Credits to Matthew Smith)

http://blockmunch.club/
(Credits to blockmunch)

http://antminepool.com/
(Credits to shoaib39)

http://genblocks.ddns.net:8082/getting_started
(Credits to gominer2018)

http://103.254.170.11:8000/getting_started
(Credits to pangrango)



Block Explorer

http://litkoin.me/
(Credits to Lukman)

http://explorer.litko.in/
(Credits to Lukman)



EXCHANGER

MERCATOX
https://mercatox.com/exchange/LTK/BTC

TRADESATOSHI
https://tradesatoshi.com/Exchange?market=LTK_BTC

STOCKS.EXCHANGE
https://stocks.exchange/trade/LTK/BTC

COINSMARKETS
http://coinsmarkets.com/trade-BTC-LTK.htm


LITKOIN FUN BETTING

Visit : https://www.litkoinbet.com/
(Only received LTK coins)


HOW TO MINE WITH GPU & CPU

1.  Tools

  AMD http://cryptomining-blog.com/wp-content/download/cgminer-3.7.2-windows.rar
  NVIDIA https://github.com/tpruvot/ccminer/releases/tag/v2.2-tpruvot
  CPUMINER https://github.com/pooler/cpuminer/releases/tag/v2.5.0

2.  Extract

3.  If there's a file name cgminer.conf or ccminer.conf or cpuminer.conf rename that file to cgminer.conf.bak or ccminer.conf.bak or cpuminer.conf.bak

4.  Create a bat file inside the folder

  AMD = cgminer —scrypt -o stratum+tcp://pool:port -u wallet -p x
  NVIDIA = ccminer-x64 -a scrypt -o stratum+tcp://pool:port -u wallet -p x
  CPUminer = minerd -a scrypt -t 4 -s 4 -o stratum+tcp://pool:port -u wallet -p x

example:

  AMD = cgminer –scrypt -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x
  NVIDIA = ccminer-x64 -a scrypt -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x
  CPUminer = minerd -a scrypt -t 4 -s 4 -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x

5.  Save and you're good to go


LITKOIN DIGITAL MARKETPLACE

Visit : https://www.litkoinshop.com/
You can buy and sell your digitals products here.
(Only received LTK coins)


Community Chat

Via Telegram :
https://t.me/litkoinchat ( International )
https://t.me/joinchat/E1h-PT_txNGIidHbu0L9dg ( Indonesia )

Via Discord  :
https://discord.gg/NQkQtxJ

Roadmap Development

Because LTK is an open source platform it will be developed by all who volunteer. Our first step will be focused on base infrastructure such as

 Pool  ( DONE )
 Block Explorer ( DONE )
 Windows Wallet ( DONE )
 Linux Wallet ( DONE )
 Telegram Wallet ( DONE )
 Exchanger ( DONE )
 Website ( DONE )
 Litkoin Fun Betting ( DONE )
 Litkoin Digital Marketplace ( DONE )
 Web Wallet ( in Progress )
 Mobile Wallet ( Alpha Test )
 Social Media (soon)
 Forums
 Wiki Github
 and many more..



TELEGRAM - ALTCOIN BITTREX TRADE
Team Developer Litkoin (LTK).

===================================================
Manual Instruction to sync Telegram with Bittrex :
===================================================

1. Add telegram username : @SarapanCryptoBot

2. Input your registration with format :
/reg YourName#Your-Email-Address
( At the moment, is one month free of charge. so you are ready to go.)

3. Login into your BITTREX -> Settings -> API Keys :
Click Add New Key,  Only Turn ON ( Read info, Trade limit, and Trade Market ).
Write down your API key & Secret Key into notepad first.

4.On your telegram, setup API key with format :
/apikey Bittrex_APiKey

5.On your telegram, setup API secret with format :
/apisecret Bittrex_ApiSecret

6. On your telegram setup BotBalanceLimit ( Your AVAILABLE BALANCE Bitcoin @bittrex ) :
/botbalancelimit Your_AVAILABLE_BALANCE_Bitcoin_@bittrex
(Min. balance recommendation to start is : 0.034 BTC)

You are all setup now, within your Bittrex and Telegram.

========================================================
Trading Instruction by Telegram
========================================================

1. Everymorning @ 08.05 AM (GMT +7 Jakarta, Indonesia Time)
you will get report around 5-10 trading pair coins that recommended to buy,

Money Management = Your input /botbalanceLimit x 30% RISK x 5% allowed trade per coin,
example if your input botbalancelimit 1BTC, then it will look like this ;
MM per coin = ( 1 BTC x 30% RISK ) x 5%/ Coin = 0.3 BTC x 5% / coin = 0.015 BTC trade / per coin

—------------------------------------------------------
Here is some commands you can use with example below :
—------------------------------------------------------
IF you just want to trade one coin only, please use format :
/buy Coin_Symbol %_TakeProfit
(ex: /buy ETH 6 - means you buy pair ETH/BTC with TakeProfit 6% from initial buy)
Note : if you not fill the number after coin symbol, it means you agree with 5% by default TakeProfit

If you want to trade all coins that recommended into list, please use format :
/buysarapan2
( means: you buy all coins that in the list, with default TakeProfit 5% from initial buy of each coin)

if you want to sell one coin only, please use format :
/sell Coin_Symbol
(ex: /sell ETH - means you manually close the order, before it hits your auto TakeProfit)

if you want to sell all coins that you buy from #buysarapan2 before, please use format :
/sellsarapan2
( means: you sell all coins manually directly, without waiting it hit your TakeProfit 5% by default)

—------------------------------------------------------
Here is THE commands you can use without Money Management :
—------------------------------------------------------
IF you just want to trade one coin only, please use format :
/buy Coin_Symbol Size_of_BTC %_TakeProfit
(ex: /buy ETH 0.01 7% - means you buy pair ETH/BTC with TakeProfit 5% from initial buy)

—-------------------------------------------------------
Here is THE command you can use AUTO MODE TURN ON/OFF
—-------------------------------------------------------
/autosarapan on
/autosarapan off

Note : Trading without Money Management is more risk if you DO NOT KNOW HOW IT WORK,
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October 09, 2017, 01:42:53 PM
 #2





Doog Job dude,,,

lets see how the whitepaper
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October 09, 2017, 01:52:03 PM
 #3

39.5Millions premine with 500 coins block reward and algorithm : scrypt - another not interesting coin for mining and investing
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October 09, 2017, 01:56:51 PM
 #4


Litkoin is Decentralized P2P cryptocurrency and open source software project released under the MIT/X11 license (first version from Litecoin basically). Litkoin is global payment network that is fully decentralized, using the algo scrypt as proof-of-work algorithm to secures the network and empowers individuals to control their own finances.

Because so many coins out there have different purpose and market segment, The reason Litkoin has been created not just to become store of value but to made many use cases into PSP (Platform, Service, and Products). The developer believed it will be highly demand market into Litkoin, since it was open source project, and many developers have been participated into the project and will made Litkoin more useful into future, not just the simple store of value.



SPECIFICATION

Type : POW ( Proof of Work )

Algorithm : Scrypt ( So far, one of the best algo for security network )

Difficulty Retarget : Every 2.5 minutes

Block Time : Every 30 Seconds ( Make transaction even faster than other coins )

Confirmation Transaction : 6 Blocks

Coinbase Maturity : 20 Blocks

Fee Transaction : 0.001 LTK

Total Supply Coins: 1,000,000,000 or 1 Billion LTK ( To accomodate larger demand, we need to have bigger supply )

POW Block Rewards :
Premined ( Mined by core devs ): 2.000.000 LTK (0.2% from Total Supply )
Pre-launch Stage 1 : 5.000 LTK rewards per block ( < 5.000 blocks ) : 25.000.000 LTK (2.5% from Total Supply)
Pre-launch Stage 2 : 2.500 LTK rewards per block ( < 10.000 blocks ) : 12.500.000 LTK (1.25% from Total Supply)
Prelaunch funds will be used for developments, bounty, airdrop, and many activities ahead
—---------------------------------------------
After pre-mined and pre-launch, (Rewards halving every 840k blocks +/- 1 year time )
Reward : 500 LTK rewards per block ( 10.001 - 840.000 blocks ) : 414.999.500 LTK (41.50% from Total Supply)
Reward : 250 LTK rewards per block ( 840.001 - 1.680.000 blocks ) : 207.499.750 LTK (20.75% from Total Supply)
Reward : 125 LTK rewards per block ( 1.680.001 - 2.520.000 blocks ) : 103.749.875 LTK (10.37% from Total Supply)
Reward : 62.5 LTK rewards per block ( 2.520.001 - 3.360.000 blocks ) : 51.874.937 LTK (5.19% from Total Supply)
Reward : 31.25 LTK rewards per block ( 3.360.001 - 4.200.000 blocks ) : 25.937.468 LTK (2.59% from Total Supply)
Reward : 15.625 LTK rewards per block ( 4.200.001 - 5.040.000 blocks ) : 12.968.734 LTK (1.30% from Total Supply)
Reward : 7.8125 LTK rewards per block ( 5.040.001 - 5.880.000 blocks ) : 6.484.367 LTK (0.65% from Total Supply )
etc...



WALLET



HOW TO MINE

1.  Tools

  AMD http://cryptomining-blog.com/wp-content/download/cgminer-3.7.2-windows.rar
  NVIDIA https://github.com/tpruvot/ccminer/releases/tag/v2.2-tpruvot
  CPUMINER https://github.com/pooler/cpuminer/releases/tag/v2.5.0

2.  Extract

3.  If there's a file name cgminer.conf or ccminer.conf or cpuminer.conf rename that file to cgminer.conf.bak or ccminer.conf.bak or cpuminer.conf.bak

4.  Create a bat file inside the folder

  AMD = cgminer —scrypt -o stratum+tcp://pool:port -u wallet -p x
  NVIDIA = ccminer-x64 -a scrypt -o stratum+tcp://pool:port -u wallet -p x
  CPUminer = minerd -a scrypt -t 4 -s 4 -o stratum+tcp://pool:port -u wallet -p x

example:

  AMD = cgminer –scrypt -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x
  NVIDIA = ccminer-x64 -a scrypt -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x
  CPUminer = minerd -a scrypt -t 4 -s 4 -o stratum+tcp://ladang.terrano.id:3032 -u 8NVDNgUcBi9D8URhThgsLMwH3dJNhA62KT -p x

5.  Save and you're good to go




Roadmap Development

Because LTK is an open source platform it will be developed by all who volunteer. Our first step will be focused on base infrastructure such as

 Pools
 Block Explorer
 Website
 Linux Wallet (soon)
 Web Wallet
 Mobile Wallet
 Social Media (soon)
 Forums
 Wiki Github
 and many more..

show the picture  for dev
and waiting whitepaper and any information
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October 09, 2017, 02:05:31 PM
 #5

Virus total results

https://www.virustotal.com/#/file/082e3bc9ecc755c54edd3f45409a810fb63fbd6bcf14afcc18b3e8aefef2cc4e/detection
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October 09, 2017, 02:07:21 PM
 #6

Why scrypt? GPU or CPU is no sense when asic miners are available
Imaha486
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October 09, 2017, 02:07:31 PM
 #7

nethash rate 4GH/s over.. asic..

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October 09, 2017, 02:10:41 PM
 #8

Why scrypt? GPU or CPU is no sense when asic miners are available


disable your antivir course
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October 09, 2017, 02:17:57 PM
 #9

litkoin indonesian Cryptocoin Wink what a nice name
hope i can read the whitepaper and of course the site

regards
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October 09, 2017, 02:24:48 PM
 #10

is this safe ?  i saw Bitcoin Miner (PUA) HuhHuh
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October 09, 2017, 02:26:42 PM
 #11

litkoin indonesian Cryptocoin Wink what a nice name
hope i can read the whitepaper and of course the site

regards

Thanks for your compliment.
We are currently working towards the whitepaper and every base foundation for the coin. Please support us to grow as community.

Regards,
LitKoin Admin
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October 09, 2017, 02:47:21 PM
 #12

TESTED!!!


Pros:

1. Really fast transaction.

2. Nice concept wallet for Telegram.

3. Good for micropayment (cheap fees).

4. Currently cheap price (@2 - 3 doge). -> buy from traditional trading https://t.me/LokaltradeLitKoin


Cons.

1. Not yet Fully Developed (waiting for Block Explorer).

2. Not yet listed on exchanger.

3. Community language is Indonesia.

----------------------------------------

Hope you enjoy my reviewed.
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October 09, 2017, 02:53:29 PM
 #13

Total supply is a bit high with that number, so how will you maintain the price of the coin so it will always have a good exchange value?
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October 09, 2017, 03:24:05 PM
 #14

Total supply is a bit high with that number, so how will you maintain the price of the coin so it will always have a good exchange value?

Halving is every year (840k block).
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October 09, 2017, 06:33:33 PM
 #15

wait airdrop or open bounty


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October 09, 2017, 10:04:51 PM
 #16

Keep the spirit, dev team   Roll Eyes
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October 09, 2017, 10:13:58 PM
 #17

Come join the fun and get your mine on over at https://thecryptopool.com

Stratum  : thecryptopool.com:3433     
User     : YOUR_LTK_ADDRESS
Password : c=LTK
Difficulty: d=

Website  : https://thecryptopool.com
Payout   : Every 2 hours
Fee      : 0.5 % for the month of October

Example command line :

-a scrypt -o stratum+tcp://thecryptopool.com:3433 -u <YOUR_LTK_ADDRESS> -p c=LTK
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October 10, 2017, 12:31:02 AM
 #18

Come join the fun and get your mine on over at https://thecryptopool.com

Stratum  : thecryptopool.com:3433     
User     : YOUR_LTK_ADDRESS
Password : c=LTK
Difficulty: d=

Website  : https://thecryptopool.com
Payout   : Every 2 hours
Fee      : 0.5 % for the month of October

Example command line :

-a scrypt -o stratum+tcp://thecryptopool.com:3433 -u <YOUR_LTK_ADDRESS> -p c=LTK

Thanks for your support mate, Really appreciate that.
Your pool has been add into our ANN.

Hope we can grow this community together.

Regards,
Admin Litkoin
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October 10, 2017, 01:35:02 AM
 #19

Litkoin? There were enough creatives or not! Roll Eyes Grin I'll join this airdrop! How many LTKs were intended for the airdrop? The reward of blocks is interesting, will there be any exchange? Novaexchange, Coinexchange and Coinmarkets is the trend for new coins.
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October 10, 2017, 02:55:18 AM
 #20

fantastic i hope it will moon soon enough


goodluck for litkoin and all the dev team
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