qcbear (OP)
Newbie
Offline
Activity: 4
Merit: 0
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February 09, 2014, 03:17:35 AM Last edit: February 10, 2014, 04:17:28 AM by qcbear |
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http://hk6c86cb.hkpic1.websiteonline.cn/upload/256_vwyM.pngLiteshares LTS has three significant differences. Firstly, LTS network can process a block every 4 minutes, it can provide faster transaction confirmation. Secondly, LTS network expected output 8000000 coins, it is unlike the commodities inflation. Thirdly , the quantity of the coins is gradually decreasing in the LTS blocks, miners will get some reward at the beginning, then the quantity of the coins is gradually decreasing in each block, it will tend to be stable When it's reduced to a certain degree, and finally stabilized a coin at each block, so the majority of the miners will also have a good income even in the late. Liteshares (LTS) characteristic Firstly, LTS is not issued by any central bank, it's generated by the algorithm , the number is close to 8 million. The biggest problem for the currency is uncontrolled monetary high. Devaluation rate can depreciate more than half in a day. It is no wonder that the monetary theory master Friedman proposed to use the automation system instead of FED. LTS does have advanced the concept in this field, it will be more difficult for the inflation to occur . Secondly, the most important thing is that the virtual currency can be used to exchange with the legal tender of the reality. Liteshares and cash can be redeemed in Liteshares trading platform,and this platform is not rarely seen, thus truly establishing the Liteshares a real currency. Thirdly, the circulation in the whole world. LTS is based on the network, so it can circulate in the world easily. Finally,Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Liteshares.This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments. Website http://www.lite-shares.orgBlock Explorer / Crawler http://115.29.136.229:2750/Contact liteshare@outlook.comSPECIFICATIONS PoW algorithm: Scrypt Retarget: 240 blocks Starting difficulty: 0.000 Max supply: 8 million The coins situation is as follows http://hk6c86cb.hkpic1.websiteonline.cn/upload/GAEVGC9ZTY7~ZWLK0_W56E2_JVb6.jpgDOWNLOADS Windows http://hk6c86cb.hkpic1.websiteonline.cn/upload/LiteShares-Qt1_NAs1.rarLinux 32 http://hk6c86cb.hkpic1.websiteonline.cn/upload/LiteShares%20linux32_eD2U.rarLinux 64 http://hk6c86cb.hkpic1.websiteonline.cn/upload/LiteSharesd1%20Linux64_12MH.rarSource Code https://github.com/liteshares/litesharesPOOLS http://115.28.163.168/index.phphttp://115.28.100.122/index.php EXCHANGES SOCIAL Facebook https://www.facebook.com/ben.steve.9887
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chip99
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February 09, 2014, 03:19:20 AM |
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 { "version" : 1000000, "protocolversion" : 70002, "walletversion" : 60000, "balance" : 0.00000000, "blocks" : 2997, "timeoffset" : 0, "connections" : 1, "proxy" : "", "difficulty" : 7.67600124, "testnet" : false, "keypoololdest" : 1391915901, "keypoolsize" : 101, "paytxfee" : 0.00000000, "mininput" : 0.00001000, "errors" : "" }
no thanks
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illodin
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February 09, 2014, 03:21:46 AM |
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no thanks
lol.. game, set, match
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northranger79510
Sr. Member
Offline
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
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February 09, 2014, 03:23:42 AM |
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In other words,
Another shitcoin made from coingen.
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oldgascan
Newbie
Offline
Activity: 20
Merit: 0
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February 09, 2014, 03:24:11 AM |
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3000 blocks already?
Nah, no pre-mine there at all! WTF!!!!!!
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qinyasu
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February 09, 2014, 03:58:17 AM |
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asba
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February 09, 2014, 03:59:11 AM |
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no thanks
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Mylo
Full Member
Offline
Activity: 196
Merit: 100
%insert your text% soon!
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February 09, 2014, 04:00:50 AM |
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SCAMBUG COIN, MINERS BEWARE!
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javabudd
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February 09, 2014, 04:07:26 AM |
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care to elaborate on how it is a scamcoin?
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MisO69
Legendary
Offline
Activity: 1946
Merit: 1005
My mule don't like people laughing
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February 09, 2014, 04:30:12 AM |
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care to elaborate on how it is a scamcoin?
Two minutes after the coin was launched chip99 posted the current mining info. At block 2997 all of the high value blocks had already been premined. So dev dumps the 300,000 coins he premined and make this liteshares worthless. Leaving everyone else holding the bag.
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javabudd
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February 09, 2014, 04:34:08 AM |
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fair enough, I haven't received any payments yet so I'm getting ready to ditch it.
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adoalli
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February 09, 2014, 04:36:31 AM |
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shit coin
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360998186
Member
Offline
Activity: 98
Merit: 10
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February 09, 2014, 04:37:18 AM |
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care to elaborate on how it is a scamcoin?
Two minutes after the coin was launched chip99 posted the current mining info. At block 2997 all of the high value blocks had already been premined. So dev dumps the 300,000 coins he premined and make this liteshares worthless. Leaving everyone else holding the bag. you're right. just a copycoin.I can not find anything new
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The One
Legendary
Offline
Activity: 924
Merit: 1000
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February 09, 2014, 04:46:01 AM |
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Liteshares LTS has three significant differences. Firstly, LTS network can process a block every 4 minutes, it can provide faster transaction confirmation. Secondly, LTS network expected output 8000000 coins, it is unlike the commodities inflation. Thirdly , the quantity of the coins is gradually decreasing in the LTS blocks, miners will get some reward at the beginning, then the quantity of the coins is gradually decreasing in each block, it will tend to be stable When it's reduced to a certain degree, and finally stabilized a coin at each block, so the majority of the miners will also have a good income even in the late.
Liteshares (LTS) characteristic
Firstly, LTS is not issued by any central bank, it's generated by the algorithm , the number is close to 8 million. The biggest problem for the currency is uncontrolled monetary high. Devaluation rate can depreciate more than half in a day. It is no wonder that the monetary theory master Friedman proposed to use the automation system instead of FED. LTS does have advanced the concept in this field, it will be more difficult for the inflation to occur .
Secondly, the most important thing is that the virtual currency can be used to exchange with the legal tender of the reality. Liteshares and cash can be redeemed in Liteshares trading platform,and this platform is not rarely seen, thus truly establishing the Liteshares a real currency.
Thirdly, the circulation in the whole world. LTS is based on the network, so it can circulate in the world easily.
Finally,Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Liteshares.This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Your English was so bad that it put me off. You pre-mined the highest valued blocks for yourself and expect us miners to mine your 'crumbs' at high difficulty. Total scamcoin.
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qcbear (OP)
Newbie
Offline
Activity: 4
Merit: 0
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February 09, 2014, 05:09:17 AM |
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Liteshares LTS has three significant differences. Firstly, LTS network can process a block every 4 minutes, it can provide faster transaction confirmation. Secondly, LTS network expected output 8000000 coins, it is unlike the commodities inflation. Thirdly , the quantity of the coins is gradually decreasing in the LTS blocks, miners will get some reward at the beginning, then the quantity of the coins is gradually decreasing in each block, it will tend to be stable When it's reduced to a certain degree, and finally stabilized a coin at each block, so the majority of the miners will also have a good income even in the late.
Liteshares (LTS) characteristic
Firstly, LTS is not issued by any central bank, it's generated by the algorithm , the number is close to 8 million. The biggest problem for the currency is uncontrolled monetary high. Devaluation rate can depreciate more than half in a day. It is no wonder that the monetary theory master Friedman proposed to use the automation system instead of FED. LTS does have advanced the concept in this field, it will be more difficult for the inflation to occur .
Secondly, the most important thing is that the virtual currency can be used to exchange with the legal tender of the reality. Liteshares and cash can be redeemed in Liteshares trading platform,and this platform is not rarely seen, thus truly establishing the Liteshares a real currency.
Thirdly, the circulation in the whole world. LTS is based on the network, so it can circulate in the world easily.
Finally,Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Liteshares.This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Your English was so bad that it put me off. You pre-mined the highest valued blocks for yourself and expect us miners to mine your 'crumbs' at high difficulty. Total scamcoin. not my english. It was the author. when you enter it. you can see the website. also you can contact the author on facebook. even you can see the block while on website. as a miner i know that no pre-mine in my eyes. believe it or not is in your mind.
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GigaCoin
Sr. Member
Offline
Activity: 308
Merit: 251
Giga
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February 09, 2014, 05:10:51 AM |
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SCAMBUG COIN, MINERS BEWARE!
virus confirmed in wallet ?
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Slait
Newbie
Offline
Activity: 23
Merit: 0
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February 09, 2014, 05:21:24 AM |
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CPU or GPU?
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qcbear (OP)
Newbie
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Activity: 4
Merit: 0
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February 09, 2014, 05:26:01 AM |
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LTS mining 350000 so far, only 4.4% LTS has been minered. the author does not publish LTS at the first. It's a fault. the high reward LTS is minered by miners, not the author. at this time a miner instead of the author publish LTS on bitcointalk, welcome to the new land.
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infofront
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
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February 09, 2014, 05:48:04 AM |
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lol premined and instamined.
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Leather
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February 09, 2014, 06:35:41 AM |
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another chineses coin!
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