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

[m3ta]

The LTC network seems to be limping, as a whole.
Send a transaction 9 hours ago, it's sitting at 0/6 confirmations.

There goes the "everything so much faster than bitcoins" ... *sigh*

[tacotime]

The LTC network seems to be limping, as a whole.
Send a transaction 9 hours ago, it's sitting at 0/6 confirmations.

There goes the "everything so much faster than bitcoins" ... *sigh*

Latest version of litecoin?  Deleted addr.dat?

[LoWang]

just sent a coin to my second wallet and it was pretty fast...

[01BTC10]

My litecoind + p2pool on Ubuntu Server is running without any issue. Also, total P2Pool network is growing up steadily to the highest level I ever seen.

[ThiagoCMC]

What this means:

~/litecoin/src/litecoind getbalance
0.01976033

~/litecoin/src/litecoind sendtoaddress LP9UmTP8UogKgtP28ite4h7RPdfFJkTRKg 0.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

I am unable to sent those funds out of this wallet...

What can I do?!

Thanks!
Thiago

[coblee]

What this means:

~/litecoin/src/litecoind getbalance
0.01976033

~/litecoin/src/litecoind sendtoaddress LP9UmTP8UogKgtP28ite4h7RPdfFJkTRKg 0.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

I am unable to sent those funds out of this wallet...

What can I do?!

Thanks!
Thiago

You likely need to pay a fee to send those out. For each transaction you spend that has less than 0.01 LTC in it, you have to add a 0.1 LTC fee. This is to prevent spam. So it will cost you more to send those coins out. Those coins are worth about $0.0001 so it's not a big loss, right?

[ThiagoCMC]

What this means:

~/litecoin/src/litecoind getbalance
0.01976033

~/litecoin/src/litecoind sendtoaddress LP9UmTP8UogKgtP28ite4h7RPdfFJkTRKg 0.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

I am unable to sent those funds out of this wallet...

What can I do?!

Thanks!
Thiago

You likely need to pay a fee to send those out. For each transaction you spend that has less than 0.01 LTC in it, you have to add a 0.1 LTC fee. This is to prevent spam. So it will cost you more to send those coins out. Those coins are worth about $0.0001 so it's not a big loss, right?

Well, that message does not say that I do not have funds to make a transaction.

Normally the output shows to me how much I need to pay for the fee... That is not the case now.

Nevertheless, I sent 2.0 Litecoins to that wallet, to be able to take it.

Now I have:

~/litecoin/src/litecoind getbalance
2.01976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 2.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

Okay... I'll pay the fee...
2.01976033-0.1 = 1.91976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 1.91976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

So... Any help?!

Thanks,
Thiago

[coblee]

Well, that message does not say that I do not have funds to make a transaction.

Normally the output shows to me how much I need to pay for the fee... That is not the case now.

Nevertheless, I sent 2.0 Litecoins to that wallet, to be able to take it.

Now I have:

~/litecoin/src/litecoind getbalance
2.01976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 2.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

Okay... I'll pay the fee...
2.01976033-0.1 = 1.91976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 1.91976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

So... Any help?!

Thanks,
Thiago

Do you have transaction spam in your wallet? If so, then the fees would be much more than 0.1 LTC. But either way, why are you wasting 0.1 LTC to transfer 0.019 LTC?

[ThiagoCMC]

Well, that message does not say that I do not have funds to make a transaction.

Normally the output shows to me how much I need to pay for the fee... That is not the case now.

Nevertheless, I sent 2.0 Litecoins to that wallet, to be able to take it.

Now I have:

~/litecoin/src/litecoind getbalance
2.01976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 2.01976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

Okay... I'll pay the fee...
2.01976033-0.1 = 1.91976033

~/litecoin/src/litecoind sendtoaddress LYGqG1UFKx7jpZDffFFXAmqRLR9DdpbC5s 1.91976033
error: {"code":-4,"message":"Error: Transaction creation failed  "}

So... Any help?!

Thanks,
Thiago

Do you have transaction spam in your wallet? If so, then the fees would be much more than 0.1 LTC. But either way, why are you wasting 0.1 LTC to transfer 0.019 LTC?

Yes, maybe my wlalet is full of spam... Well, because I want... 
I can not leave those coins behind me... lol
How can I leave this spammed wallet with 0.00?

[coblee]

Yes, maybe my wlalet is full of spam... Well, because I want... 
I can not leave those coins behind me... lol
How can I leave this spammed wallet with 0.00?

rm wallet.dat

ok, if you really want to collect those spam transactions, it will cost you 0.1 LTC for each spam transaction that has an output less than 0.01 LTC. So if you have something like 1000 of these spam transactions like I did, it will cost you 100 LTC to spend them. So just deleting the wallet is the best option.

[forrestv]

Anyone using P2Pool to mine litecoin is going to need to upgrade to 0.10.3 before March 27th. See https://bitcointalk.org/index.php?topic=18313.0 and https://bitcointalk.org/index.php?topic=18313.msg813556#msg813556 for details.

[LoWang]

Hey Coblee WTH has happened? I have been solo mining for the whole day today and don't seem to find any block! It was not a problem to find around 12 blocks yesterday but today nothing so far
I am using windows daemon 0.5.0.4. Is there some problem in it which was fixed in a newer versions or something like that maybe?
Thank you

Any of you guys solo mining with litecoind?

[Omni]

AFAIK: This is not true. I just don't believe it.

Users of Linden Dollars 21,300,000 (1/322th of the world)

[Tittiez]

Hey Coblee WTH has happened? I have been solo mining for the whole day today and don't seem to find any block! It was not a problem to find around 12 blocks yesterday but today nothing so far
I am using windows daemon 0.5.0.4. Is there some problem in it which was fixed in a newer versions or something like that maybe?
Thank you

Any of you guys solo mining with litecoind?

Variance

One day I mined 4 blocks in only 3 hours, and a few days later I didn't find a single one.

[LoWang]

I have been making hundreds of LTC every day this week so it is really strange that it somehow stopped today  
Correction: I actually mined 2blocks today. But all week long it was around 10 per day and my total hashrate was even lower...I thought the difficulty did not increase that much...

[bitcoinsarefun]

Can the litecoinqt-client or litecoind be used to import private keys?

[Rubberduckie]

I have been making hundreds of LTC every day this week so it is really strange that it somehow stopped today  
Correction: I actually mined 2blocks today. But all week long it was around 10 per day and my total hashrate was even lower...I thought the difficulty did not increase that much...

I'm having the same problem,was mining an average of 4 blocks a day,haven't found a single block in 30 odd hours.

I'm aware it could be variance,but it seems a little strange

[Rubberduckie]

spoke too soon,just found a block

[bronan]

It depends on how lucky you are i have been mining for like 11 days finding non and other times finding 3 blocks in a day
There is no way to tell how long it will take to find a block, at present not worth mining for me since the difficulty on all coins way too high for my energy costs

[matthewh3]

at present not worth mining for me since the difficulty on all coins way too high for my energy costs

Yeah but if your PC is on anyway it might as well be mining.