[ANN] Litecoin - a lite version of Bitcoin. Launched!

[Kumala]

Add a known node manually to the config file, then restart litecoin, this does the trick (sometimes). Once it started downloading you can then take out the node from the conf file.

[PunkAs]

Litecoin is awesome.

[StewartJ]

I find this alt-currency interesting out of all the others I've researched.

It does profess a major advantage over Bitcoin with speed of the transaction. (that is of a complimentary nature)

From a development standpoint cannot deny how far it has come from it's inception.

If one were to add one sentence line to promote Litecoins in Forum Signature, what would it be?

Something like....?

"Litecoin, the Silver to Bitcoin's Gold. Find out more here: (org address)"

"Litecoins, A Lighter Version of Bitcoin! Find out more here: (org address)"

or ??



Considering investing in Litecoins as a "late early" adopter.

Keep up the good work!

[btc_artist]

Perhaps: "Litecoin-- faster transactions, lower cost-- Bitcoin's perfect compliment"

[g2x3k]

i prefer mine but its mostly advertising my own sites, tho i really like the litecoin as silver to bitcoin as gold

[tacotime]

LTC is back from the dead !  Woohoo 

[breel]

Add a known node manually to the config file, then restart litecoin, this does the trick (sometimes). Once it started downloading you can then take out the node from the conf file.

How do I find a node?

Thanks

[interlagos]

Perhaps: "Litecoin-- faster transactions, lower cost-- Bitcoin's perfect compliment"

There is another hot topic - multisig transactions for better wallet security.

What if litecoin implements BIP17 proposal? The bitcoin crowd seems to be slowly converging on BIP16.
There is a heated debate over here:
https://bitcointalk.org/index.php?topic=61125.0

This might bring some life and interest back into litecoin and it will truly compliment bitcoin by selecting a competing solution.
I think I have posted about it here a few days ago, but nobody seemed to pay attention.

Coblee, what do you think?

[wndrbr3d]

I find it interesting that the price of LTC is rising faster than BTC is falling. Are people using LTC to shelter their BTC profits while the bears have the BTC market in a downward trend?

Interesting stuff.

[markm]

The Digitalis Open Transactions Server now supports LiTeCoin.

Thus LiTeCoin tokens (digiLiTeCoins aka dLTC) can now be traded there, exchanged for any of the other supported assets, used as the currency of choice for stocks and shares to be traded there and so on. That is, it can serve as a LiTeCoin stock-exchange as well as a LiTeCoin currency-exchange.

Currently though none of the companies being considered for stocks/shares to be traded on the exchange happen to be LiTeCoin based, but who knows, maybe that will change...

-MarkM-

[michaelmclees]

Something like....?

"Litecoin, the Silver to Bitcoin's Gold. Find out more here: (org address)"

"Litecoins, A Lighter Version of Bitcoin! Find out more here: (org address)"

or ??

Litecoin - You don't need a supercomputer to mine some!

[localhost]

Litecoin - You don't need a supercomputer to mine some!

Actually, a supercomputer would still be more useful to mine LTC than to mine BTC (you just need a GPU).

[michaelmclees]

Litecoin - You don't need a supercomputer to mine some!

Actually, a supercomputer would still be more useful to mine LTC than to mine BTC (you just need a GPU).

True, but I was implying that the multi-GPU setups we see around here are basically little compact supercomputers in themselves.

[localhost]

True, but I was implying that the multi-GPU setups we see around here are basically little compact supercomputers in themselves.

Yeah, but you can also mine decently enough with some APU or some $100 GPU. That's some cheap supercomputer (and that provides much more value in BTC than some quad core CPU provides in LTC).

[coblee]

There is another hot topic - multisig transactions for better wallet security.

What if litecoin implements BIP17 proposal? The bitcoin crowd seems to be slowly converging on BIP16.
There is a heated debate over here:
https://bitcointalk.org/index.php?topic=61125.0

This might bring some life and interest back into litecoin and it will truly compliment bitcoin by selecting a competing solution.
I think I have posted about it here a few days ago, but nobody seemed to pay attention.

Coblee, what do you think?

That's an interesting idea. I will look into it. Will need to weight the benefit of this versus the cost of having to maintain a separate codebase than Bitcoin. Unfortunately, there aren't that many people working on Litecoin (only me right now), so if BIP17 introduces a security hole, that might be disastrous. So I have to be careful there.

In the near future, I will merge in the latest bitcoin code and build a new Litecoin client. This will turn wallet encryption back on. Stay tuned.

[michaelmclees]

There is another hot topic - multisig transactions for better wallet security.

What if litecoin implements BIP17 proposal? The bitcoin crowd seems to be slowly converging on BIP16.
There is a heated debate over here:
https://bitcointalk.org/index.php?topic=61125.0

This might bring some life and interest back into litecoin and it will truly compliment bitcoin by selecting a competing solution.
I think I have posted about it here a few days ago, but nobody seemed to pay attention.

Coblee, what do you think?

That's an interesting idea. I will look into it. Will need to weight the benefit of this versus the cost of having to maintain a separate codebase than Bitcoin. Unfortunately, there aren't that many people working on Litecoin (only me right now), so if BIP17 introduces a security hole, that might be disastrous. So I have to be careful there.

In the near future, I will merge in the latest bitcoin code and build a new Litecoin client. This will turn wallet encryption back on. Stay tuned.

If one wants to introduce a new feature, I would like to see this...  The ability to send an encrypted message to someone along with a transaction.  Is this possible?  Perhaps large messages could require fees.

[MrGaSp]

There is another hot topic - multisig transactions for better wallet security.

What if litecoin implements BIP17 proposal? The bitcoin crowd seems to be slowly converging on BIP16.
There is a heated debate over here:
https://bitcointalk.org/index.php?topic=61125.0

This might bring some life and interest back into litecoin and it will truly compliment bitcoin by selecting a competing solution.
I think I have posted about it here a few days ago, but nobody seemed to pay attention.

Coblee, what do you think?

That's an interesting idea. I will look into it. Will need to weight the benefit of this versus the cost of having to maintain a separate codebase than Bitcoin. Unfortunately, there aren't that many people working on Litecoin (only me right now), so if BIP17 introduces a security hole, that might be disastrous. So I have to be careful there.

In the near future, I will merge in the latest bitcoin code and build a new Litecoin client. This will turn wallet encryption back on. Stay tuned.

If one wants to introduce a new feature, I would like to see this...  The ability to send an encrypted message to someone along with a transaction.  Is this possible?  Perhaps large messages could require fees.

I'd love to see this in BTC too, but LTC has a bit more right to be a testing ground for such things.  I think it'd be awesome to have that, at least then you could say who its from and such.

[StewartJ]

True, but I was implying that the multi-GPU setups we see around here are basically little compact supercomputers in themselves.

Yeah, but you can also mine decently enough with some APU or some $100 GPU. That's some cheap supercomputer (and that provides much more value in BTC than some quad core CPU provides in LTC).

Could you mine with a some sort of high-end laptop? Just curious 

[StewartJ]

LTC is back from the dead !  Woohoo 

When did it die...or go into a coma?

[tacotime]

LTC is back from the dead !  Woohoo 

When did it die...or go into a coma?

There was a short period where there was only about 20 BTC buy side on BTC-E and it looked like it might go to the dreaded 0.0001 value.