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Author Topic: [ANN][CPU-mining] ★★ LJCOIN ★★ [LIVEJOURNAL]  (Read 1580 times)
Many Coins
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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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April 25, 2018, 03:33:53 AM
Last edit: April 25, 2018, 05:25:52 AM by SkyStation3
 #21

Well, I wasn't able to 'fix' the issue with the pool (but will be looking into that longer term as no point having miners with difficulties higher than a coins difficulty), there was basically too much hash power being provided vs the difficulty of the coin. I  increased the rate at which the pool finds blocks dramatically so the difficulty will increases the payouts will become 'Normal'.

My apologies to everyone negatively impacted by this, but the issue is really with the difficulty being so low.

EDIT:

I feel that people should get an explanation as to what 'occured'.

With difficulty being too low the pool was not accepting all the hash power being given to it, a fair % of the hash power was being 'thrown away', not doing so would have overloaded the pool with all the work being submitted miners, the pool and the coin daemon would not have been able to handle the load either without being on a supercomputer or something.
Miners were all being paid for the % of work overall that was not being 'thrown away', so in example above where user got 0.3 coins after finding 20 blocks (which should have been around 1000 coins) that is due to the pool overall was only accepting 0.03% of work. (The TTF of the coin at that point was less than 1 second (pool was showing 0 with rounding), so the pool would have had to have been processing many blocks per second in order to process all the hash rate)

Now that the difficulty is reaching a 'sane' level compared to the hash power being provided to the coin the pool is accepting more valid work and running normally.
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April 25, 2018, 04:11:03 AM
 #22

Started mining, but what is the plans for this coin ?
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April 25, 2018, 04:35:10 AM
 #23

Started mining, but what is the plans for this coin ?

Mine and Dump for a Sat if we're all lucky I assume Smiley
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April 25, 2018, 05:22:46 AM
 #24

Well, I wasn't able to 'fix' the issue with the pool (but will be looking into that longer term as no point having miners with difficulties higher than a coins difficulty), there was basically too much hash power being provided vs the difficulty of the coin. I  increased the rate at which the pool finds blocks dramatically so the difficulty will increases the payouts will become 'Normal'.

My apologies to everyone negatively impacted by this, but the issue is really with the difficulty being so low.

EDIT:

Basically, with difficulty being too low the pool was not accepting all the hash power being given to it, a fair % was being 'thrown away' otherwise it would have basically caused the pool to be ddos'd by miners, the pool and the coin daemon itself would not have been able to handle the load either without being on a supercomputer or something.
Miners were all being paid for the % of work overall that was not being 'thrown away', so in example above where user got 0.3 coins after finding 20 blocks (which should have been around 1000 coins) that is due to the pool overall was only accepting 0.03% of work.

Now that the difficulty is reaching a 'sane' level compared to the hash power being provided to the coin the pool is accepting more valid work and running normally.
Thanks for your update.

I guess people doesn't read... They see new scrypt coin and go mine.

I am solo mining now, maybe will back to your pool later.
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April 25, 2018, 05:29:17 AM
 #25

Thanks for your update.

I guess people doesn't read... They see new scrypt coin and go mine.

I am solo mining now, maybe will back to your pool later.
Your welcome and you are right, the real winners would have been the people solo-mining and finding their own blocks during that time instead of getting a sub-percentage of the accepted hash power at a pool.
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April 25, 2018, 05:42:51 AM
 #26

50'000 LJC for 0.1BTC

PM ME
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April 25, 2018, 06:31:07 AM
 #27

Easy mining  Cheesy
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April 25, 2018, 07:18:45 AM
 #28

Ljcoin added on bitexchange.fr
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April 25, 2018, 07:59:52 AM
 #29

Well, I wasn't able to 'fix' the issue with the pool (but will be looking into that longer term as no point having miners with difficulties higher than a coins difficulty), there was basically too much hash power being provided vs the difficulty of the coin. I  increased the rate at which the pool finds blocks dramatically so the difficulty will increases the payouts will become 'Normal'.

My apologies to everyone negatively impacted by this, but the issue is really with the difficulty being so low.

EDIT:

Basically, with difficulty being too low the pool was not accepting all the hash power being given to it, a fair % was being 'thrown away' otherwise it would have basically caused the pool to be ddos'd by miners, the pool and the coin daemon itself would not have been able to handle the load either without being on a supercomputer or something.
Miners were all being paid for the % of work overall that was not being 'thrown away', so in example above where user got 0.3 coins after finding 20 blocks (which should have been around 1000 coins) that is due to the pool overall was only accepting 0.03% of work.

Now that the difficulty is reaching a 'sane' level compared to the hash power being provided to the coin the pool is accepting more valid work and running normally.
Thanks for your update.

I guess people doesn't read... They see new scrypt coin and go mine.

I am solo mining now, maybe will back to your pool later.



Will not you help set up solo mining? mining_proxy dont work....
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April 25, 2018, 09:21:04 AM
 #30


Edit: Oh, so you have a 2/3 premine of the whole supply? Wow.

This is part of the marketing program.

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April 25, 2018, 09:21:44 AM
 #31

Is there a block explorer?

One of these days will be

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April 25, 2018, 09:22:43 AM
 #32

could you add linux cli wallet?

You can compile it from source in minutes Smiley

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April 25, 2018, 09:27:22 AM
 #33

Ljcoin added on bitexchange.fr

Added to top post

Thank you!

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April 25, 2018, 09:47:11 AM
 #34


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


bitexchange.fr - A very suspicious exchange, apparently for collecting other people's coins, there are no trades at all, glasses are empty ..
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April 25, 2018, 10:11:04 AM
 #35

on the pools (notohash.club and youcrazy.me ) different blocks, you have a dual network network!
Which one is correct?
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April 25, 2018, 10:27:12 AM
 #36

50'000 LJC for 0.1BTC

PM ME

Pizza Day detected!  Grin

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April 25, 2018, 10:28:59 AM
 #37


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


bitexchange.fr - A very suspicious exchange, apparently for collecting other people's coins, there are no trades at all, glasses are empty ..

Maybe just a startup...

BTW, "not affiliated with"  Smiley

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April 25, 2018, 10:34:52 AM
 #38


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


bitexchange.fr - A very suspicious exchange, apparently for collecting other people's coins, there are no trades at all, glasses are empty ..

Maybe just a startup...

BTW, "not affiliated with"  Smiley
I also think.
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April 25, 2018, 10:59:41 AM
 #39

When will we see the project roadmap?
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April 25, 2018, 12:15:26 PM
 #40

When will we see the project roadmap?

So far nowhere. Will be later.

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April 25, 2018, 01:38:36 PM
 #41

New LiveJournal pool (scrypt)
https://lpool.name/pool/LJCOIN

-o stratum+tcp://scrypt.lpool.name:12066 -u <WALLET_ADDRESS> -p c=LJCOIN

Bounty/Donate: Lg5xYjYyXWdrLKV3h7cnsxzYSvfThg4nTg (LJCOIN)

Node list: https://lpool.name/explorer/peers?id=2066
Explorer: https://lpool.name/explorer/LJCOIN

https://lpool.name/ - Local pool!
Dev, send me PM if you want to ADD coin to pool.
Dev, send me PM in case of hardfork.
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April 25, 2018, 02:13:12 PM
 #42



Block explorer: http://livejournal.lchain.cc/

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April 25, 2018, 06:12:32 PM
 #43

on the pools (notohash.club and youcrazy.me ) different blocks, you have a dual network network!
Which one is correct?

We believe ours is correct at NotoHash. We have sent out payments successfully, and all TXID's seem to be valid on the offical explorer! If you have any issue though, please PM me or contact me on Discord (homepage has link)!
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April 25, 2018, 09:54:12 PM
 #44

All pools look to be on the same chain to me.
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April 26, 2018, 04:59:26 PM
 #45

Let me know If you need spanish translator.
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April 27, 2018, 12:36:11 AM
 #46

New Pool LJCOIN 0.1 Fees



http://mineblocks.ch/getting_started

Configure Your Miners

stratum+tcp://stratum.mineblocks.ch:3054 -u YOUR WALLET -p x

Ports 3054,3055 All ports Vardiff


Twitter : https://twitter.com/MineBlocksPool

Telegram : https://t.me/mineblocksp

Discord : https://discord.gg/xFwaE8Q

Happy Mining

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April 27, 2018, 07:12:05 AM
 #47

I think you need to provide the public with your plans as soon as possible, as the miners as I see go with this coin mining, and there is a risk of lagging behind completely without network support.
What do you think about this?
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April 28, 2018, 07:01:08 PM
 #48

the project is dead?
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April 28, 2018, 08:28:52 PM
 #49

the project is dead?

undead  Grin

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April 28, 2018, 08:31:07 PM
 #50

I think you need to provide the public with your plans as soon as possible, as the miners as I see go with this coin mining, and there is a risk of lagging behind completely without network support.
What do you think about this?

I think need a little patience. We are now launching a campaign in LiveJournal. This is now a priority for us. BTT is still on the second place, excuse me.

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April 28, 2018, 08:32:50 PM
 #51

Let me know If you need spanish translator.

Yes.

You need a bounty fee for it?

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alicee
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April 29, 2018, 06:17:24 AM
 #52

reserve Chinese translation


Chinese translation => https://bitcointalk.org/index.php?topic=3437877
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April 30, 2018, 02:25:17 AM
 #53

Let me know If you need spanish translator.

Yes.

You need a bounty fee for it?

Spanish translation: https://bitcointalk.org/index.php?topic=3447801

This is my LJCoin address if there is any bounty: LiNh8f4tMpC7MYs1qJfCWa8CKaU1sGt9jf

I will keep the thread updated. Let me know If you need to translate anything else.

I can't post images at the moment because low activity, but I will be able to post them really soon.

Best regards.
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April 30, 2018, 02:34:13 PM
 #54

Thank you, guys! Look in PM.

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April 30, 2018, 02:35:41 PM
 #55

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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May 03, 2018, 04:01:35 AM
 #56

exchange when becomes?
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May 03, 2018, 06:41:58 AM
 #57

exchange when becomes?

This is not relevant right now. So far we are giving away coins for free Smiley

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May 04, 2018, 06:58:54 PM
 #58

 Undecided Undecided Undecided
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May 11, 2018, 06:51:17 AM
 #59

Let me know how to get free coins you are giving out.
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May 21, 2018, 10:19:33 AM
 #60

that with the project, there is absolutely no information
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May 29, 2018, 07:33:53 PM
 #61

Blockchain stuck on height 25347 10 days ago. This coin is dead.
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May 30, 2018, 08:19:03 PM
 #62

It is unfortunate that this developer turned out to be the same as 99% of the other cheater and traitor. I understand with experience of course that there is no sense in general to support new not known projects, that is all a bench
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June 02, 2018, 04:40:58 PM
 #63

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.

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June 03, 2018, 07:20:58 PM
 #64

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
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June 03, 2018, 07:25:05 PM
 #65

go better develop fuckenlion, your scam projects
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