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Author Topic: [ANN][CPU-mining] ★★ LJCOIN ★★ [LIVEJOURNAL]  (Read 1580 times)
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April 24, 2018, 09:28:50 PM
Last edit: June 02, 2018, 04:40:44 PM by Many Coins
 #1

Due to the fact that I do not have time to develop this coin (I'm completely engaged in the development of ★★ Trillion ★★ coin) - I am ready to transfer the premine to the one, who will develop the LJCOIN. For a symbolic fee of 1 BTC. You can bargain. Contact me in PM.



I'll be brief.
Friends from LiveJournal asked me to make a coin for them and their friends. I did.
They have a very interesting marketing program.
I think this coin will become very popular and valuable.

Source code: https://github.com/merecoin/ljcoin

Windows client (Bitcoin Core 0.8.x): https://github.com/merecoin/ljcoin/releases

Block explorer 1: http://livejournal.lchain.cc/
Block explorer 2: https://lpool.name/pool/LJCOIN

Pools:

https://lpool.name/pool/LJCOIN
https://bitcointalk.org/index.php?topic=3389474.msg35511992#msg35511992

Exchange:

http://bitexchange.fr/index.php?c=LJC_BTC&iid=9 (not affiliated with)



LJcoin development plan

We think that the cost of LJcoin by the end of 2018 will not exceed $ 5- $ 10 per coin. And that's why we think so:

- LJcoin is a complete Bitcoin analog using the Scrypt algo.

- Unlike Bitcoin, the maximum number of coins is increased from 21 to 252 million (84 + 84 + 84).

- Of these, 84 million coins have not yet been mined, and are already being actively mined. You can also mine it via Ljcoin-wallet on your home or work computer.

- 84 million will be evenly distributed among users of LiveJournal. We intend to use the mechanism of hierarchical distribution for this purpose.

- 84 million we intend to gradually distribute in exchange for Bitcoin among the founders, in order to obtain the resources necessary for marketing.

- Now Bitcoin costs $ 10,000 for one coin, and LJcoin is distributed free of charge. What is the difference? In the number of users and computing resources involved in the mining of coins.

- By distribution of LJcoin among the users of LiveJournal for free, we will achieve that the LJcoin user base will be comparable with the Bitcoin user base. And, consequently, their value becomes comparable.

- Accordingly, the computing power of the network LJcoin will also grow. Since many LiveJournal users will mine LJcoin for their own needs (purchase of subscribers, paid reposting, and the like).

- All this together will give rise to the value of LJcoin to the level of $ 5- $ 10 per coin.

- But why not $ 10,000 for one coin, like Bitcoin? Because, LJcoin coins are 22 times larger than Bitcoin coins. And also because we consider only realistic scenarios that take into account the inertia of the market.

- Right now we are ready to change up to 4 of 84 million LJcoin on Bitcoin, according to the principle of a closed auction. You write in PM how much LJC you need (minimum lot: 10,000 LJC) and how much you are willing to offer BTC. The best offers will win.

- We will find it good if we get for these 4,000,000 LJCs from 4 BTC and more. These bitcoins are needed for the development of primary infrastructure and marketing activities.

- Also, in the near future will be launched Bounty-campaign and AirDrops. We'll keep you posted.


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April 24, 2018, 09:41:17 PM
 #2

Nice coin , success
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April 24, 2018, 10:22:20 PM
 #3



The coin is actively mined. More than 2,000 blocks have already been mined.

A total of 84,000,000 coins will be mined.

Difficulty is 0.00054445 for now.

You can mine it on your pocket calculator  Cool

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April 24, 2018, 10:26:33 PM
 #4

Are you going to publish a road map and a whitepaper?
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April 24, 2018, 10:28:34 PM
 #5

provided your friends are a large and collective community
I'm sure the coins you make will experience amazing things
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April 24, 2018, 10:30:08 PM
Last edit: April 26, 2018, 07:51:18 AM by NotoriousPP
 #6

NotoHash
Start mining in style!

We have added LJcoin (scrypt) to our pool list!
Fee: 0.5%

Start mining today:
Code:
-a scrypt -o stratum+tcp://notohash.club:3433 -u <WALLET_ADDRESS> -p c=LJCOIN

Also if you ever have any questions, or just wanna talk be sure to join our Discord!
Discord Group

Good luck with the project, and we hope to see everyone mining soon!  Grin
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April 24, 2018, 10:31:19 PM
 #7

Are you going to publish a road map and a whitepaper?

Yes, but not just now.

Let the ordinary people mine enough coins for themselves. At first Smiley


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April 24, 2018, 10:33:00 PM
 #8

provided your friends are a large and collective community
I'm sure the coins you make will experience amazing things

Will see  Smiley

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April 24, 2018, 10:47:14 PM
 #9



The coin is actively mined. More than 2,000 blocks have already been mined.

A total of 84,000,000 coins will be mined.

Difficulty is 0.00054445 for now.

You can mine it on your pocket calculator  Cool

How come you say that there will only be 84 million coins? Your source states otherwise:

Quote
Ljcoin is a lite version of Bitcoin using scrypt as a proof-of-work algorithm.

2.5 minute block targets
subsidy halves in 840k blocks (~4 years)
~252 million total coins
84+84 million premine for airdrops and ecosystem development
The rest is the same as Bitcoin.

50 coins per block
2016 blocks to retarget difficulty

Edit: Oh, so you have a 2/3 premine of the whole supply? Wow.
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April 24, 2018, 11:07:00 PM
 #10

There will be an airdrop or bounty program?
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April 24, 2018, 11:09:33 PM
 #11

waiting for pools ?
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April 24, 2018, 11:24:52 PM
Last edit: May 23, 2018, 09:52:21 PM by SkyStation3
 #12

Removed coin from pool, hasn't been block on the network in 10 days.

All files are still there so if someone really wants to mine or the network actually becomes active again feel free to message me and I'll reactivate.
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April 24, 2018, 11:33:02 PM
 #13

I don't see the Windows wallet, or is it necessary to complete it again? It's hard for me. I'm looking forward to the wallet. Coin are interested in.
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April 25, 2018, 12:24:11 AM
 #14

50 blocks mined in 2 minutes - your coin is now broken
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April 25, 2018, 12:32:50 AM
 #15

50 blocks mined in 2 minutes - your coin is now broken

Now the difficulty is very low , but it will grow ;
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April 25, 2018, 12:44:13 AM
 #16

Is there a block explorer?
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April 25, 2018, 01:38:45 AM
 #17

reserve Chinese translation
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April 25, 2018, 01:39:11 AM
 #18

could you add linux cli wallet?
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April 25, 2018, 01:41:29 AM
 #19

Coin to http://youcrazy.me for a bit of a laugh

Has custom stratum setup so doesn't increase difficulty as much as usual (but still does a little) due to exceedingly low difficulty.

With any pool on this coin expect lots of orphans.

Make sure use IP below instead of normal stratum address.

Code:
-a scrypt -o stratum+tcp://35.189.24.248:3433 -u YourLJCoinAddress -p c=LJCOIN

Got like 0.3 pending coins after finding 20 blocks from your pool

wtf? Huh


Now difficulty is x5... Feels bad.
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April 25, 2018, 01:56:50 AM
 #20

Basically the difficulty of the coin is not currently reflecting the actual amount of hashing power being thrown at it.

I'm trying to work out a solution to that, basically got some large MH/s miners on the pool (which is pointless atm), their difficulty is way higher than the coins difficulty and as such they should be submitting more than they actually do. When the difficulty rises it'll be fair, but at the low difficulty its warping the payouts.

I ideas on how to fix it, but its going to take me a bit of time.
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