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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 784184 times)
EskimoBob
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April 05, 2013, 05:43:12 PM
 #2061

I compiled it from up-to-date source and I get "Warning: this version is obsolete, upgrade required"
$ git pull
Already up-to-date.






While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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haitispaceagency
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April 05, 2013, 05:53:12 PM
 #2062

figure this would be the place to ask, i had a few litecoins in an online wallet at a site called wallet.it and it appears to gone under and the domain is for sale, did they steal my ltc or can I recover them some how? Anyone else get their shit stolen?

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April 06, 2013, 12:30:09 PM
 #2063

some trolls in the btc-e trollbox are saying litecoin was forked.. and there are two blockchains running? dont think this is true. how can this happen and how to prove this?

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bushstar
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April 06, 2013, 01:01:05 PM
 #2064

It did not happen. Do not listen to the trolls on BTC-e.

I just checked the chat and apparently Putin is giving away Litecoin to everyone with rubles. I think it best to leave the mis-information on the troll box.
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April 06, 2013, 01:20:48 PM
 #2065

some trolls in the btc-e trollbox are saying litecoin was forked.. and there are two blockchains running? dont think this is true. how can this happen and how to prove this?

chriswen
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April 09, 2013, 01:43:23 AM
 #2066

So, after reading this thread: https://bitcointalk.org/index.php?topic=170863.0

I realized that Litecoin currently has a higher USD transaction than BTC.  This is mainly due to the recent spike in price.  So I was wondering if a lower minimum transaction fee was planned for the next release.  Litecoin is supposed to be more suited for small transactions.  Litecoin should be able to support smaller transactions because the block chain can allow for more transactions.  I don't have a price in mind yet but I think this issue needs to be brought to the table and considered.
bit-fxtrader
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April 09, 2013, 03:31:25 AM
 #2067

is litecoin more profitable to mine then bitcoin atm given the recent btc price rise?
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April 09, 2013, 03:36:18 AM
 #2068

is litecoin more profitable to mine then bitcoin atm given the recent btc price rise?

Yes. About 70% more profitable.

https://bitcointalk.org/index.php?topic=130982.msg1401799#msg1401799 - [BTC-TC]bASIC-MINING
http://forum.litecoin.net/index.php/topic,886.0.html - [LTC-GLOBAL]LTC-DMF
http://forum.litecoin.net/index.php/topic,817.msg3279.html#msg3279 - [CRYPTOSTOCKS]AGLTC

BTC: 1Hfp99tugY4H5FYEoM3hj4JDLzShzZ9ifB

You have zero chance of changing others and only a slim chance at changing yourself. Be the change you want to see and others may follow.
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April 09, 2013, 03:51:01 AM
 #2069

is litecoin more profitable to mine then bitcoin atm given the recent btc price rise?

Yes. About 70% more profitable.

http://dustcoin.com/mining

It looks like LTC's difficulty just spiked up a little bit. Only 60% more profitable. Still a considerable difference at the current exchange rates.

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Mashrock
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April 09, 2013, 03:58:25 AM
 #2070

I posted in another thread but probably will get looked past.

i just fired up my old bitcoin rigs to get solo some lite coins for a few months.



is this ok? been on for well over 2 days. plenty of rejects but no blocks found yet.. i ran it all on a pool for about 3-4 hours and got a coin in that time. so the setup should be fine correct? was a bitch to get them going on litecoins . bitcoin much easier to mine.
 but this @ 650w isnt profitable at all..
matauc12
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April 09, 2013, 04:02:59 AM
 #2071

I posted in another thread but probably will get looked past.

i just fired up my old bitcoin rigs to get solo some lite coins for a few months.



is this ok? been on for well over 2 days. plenty of rejects but no blocks found yet.. i ran it all on a pool for about 3-4 hours and got a coin in that time. so the setup should be fine correct? was a bitch to get them going on litecoins . bitcoin much easier to mine.
 but this @ 650w isnt profitable at all..
Solo mining at 1.2mhs at this difficulty... You would be lucky to get a block after 500 rejects.
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April 09, 2013, 04:03:12 AM
 #2072

I posted in another thread but probably will get looked past.

i just fired up my old bitcoin rigs to get solo some lite coins for a few months.



is this ok? been on for well over 2 days. plenty of rejects but no blocks found yet.. i ran it all on a pool for about 3-4 hours and got a coin in that time. so the setup should be fine correct? was a bitch to get them going on litecoins . bitcoin much easier to mine.
 but this @ 650w isnt profitable at all..

Your setup is ok. Litecoin blocks are harder to get these days. When I've started, I was solving 1 block/30 min, now it's around 2/day.
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April 09, 2013, 08:09:19 AM
 #2073

I posted in another thread but probably will get looked past.

i just fired up my old bitcoin rigs to get solo some lite coins for a few months.



is this ok? been on for well over 2 days. plenty of rejects but no blocks found yet.. i ran it all on a pool for about 3-4 hours and got a coin in that time. so the setup should be fine correct? was a bitch to get them going on litecoins . bitcoin much easier to mine.
 but this @ 650w isnt profitable at all..

Your setup is ok. Litecoin blocks are harder to get these days. When I've started, I was solving 1 block/30 min, now it's around 2/day.

How many H/s you getting?

If my 1.2 is too low ill this a go for a week or two, and then just start using a pool if its un sussessful.

i have one of my bitcoin rigs coming back soon and will get about 3.5mh/s.
matauc12
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April 09, 2013, 12:59:39 PM
 #2074

I posted in another thread but probably will get looked past.

i just fired up my old bitcoin rigs to get solo some lite coins for a few months.



is this ok? been on for well over 2 days. plenty of rejects but no blocks found yet.. i ran it all on a pool for about 3-4 hours and got a coin in that time. so the setup should be fine correct? was a bitch to get them going on litecoins . bitcoin much easier to mine.
 but this @ 650w isnt profitable at all..

Your setup is ok. Litecoin blocks are harder to get these days. When I've started, I was solving 1 block/30 min, now it's around 2/day.

How many H/s you getting?

If my 1.2 is too low ill this a go for a week or two, and then just start using a pool if its un sussessful.

i have one of my bitcoin rigs coming back soon and will get about 3.5mh/s.

He would need 20mhs to get 2/day. If he has less than that, its luck.
peacefulmind
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April 09, 2013, 04:18:57 PM
 #2075

I see a LOT of people complaining about fees in Litecoin-Qt.

These are early adopters on newbie forums.  I understand when these were worth a few cents the fees prevented the dusting attacks - job accomplished.

Now the value of the LTC has grown to the point that sending 1 LTC makes sense, often we only want to spend $5 or so.

So if there is a 40% or 20% fee on 1 LTC in Litecoin-Qt we just drove away a new adopter and advocate for the currency, it seems worse than a scandalous bank.

PLEASE - this is a small change but REDUCE THIS FEE in light of the value change of one LTC.

Quote from: FrictionlessCoin
"I think you are to hung up on this notion about 'pre-mining' being a No-No."
- from journeys into the dark depths of the alt coin forum....
coblee
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April 09, 2013, 05:24:04 PM
 #2076

I see a LOT of people complaining about fees in Litecoin-Qt.

These are early adopters on newbie forums.  I understand when these were worth a few cents the fees prevented the dusting attacks - job accomplished.

Now the value of the LTC has grown to the point that sending 1 LTC makes sense, often we only want to spend $5 or so.

So if there is a 40% or 20% fee on 1 LTC in Litecoin-Qt we just drove away a new adopter and advocate for the currency, it seems worse than a scandalous bank.

PLEASE - this is a small change but REDUCE THIS FEE in light of the value change of one LTC.

Fees will be reduced with the next release. Thanks.

Wekkel
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April 09, 2013, 06:36:45 PM
 #2077

Litecoin still has a bright future as backup payment protocol. Love to see devs working on this and business expanding.

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
cdog
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April 10, 2013, 04:39:40 AM
 #2078

Fees will be reduced with the next release. Thanks.

Great news, thanks.
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April 13, 2013, 05:16:26 PM
 #2079

Does litecoin really not have an SSL certificate for it's official site?? wtf...

Have a look at this > http://www.makeuseof.com/tag/free-ssl-certificate/

naphto
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April 13, 2013, 07:57:07 PM
 #2080

Is it possible to create an online wallet for LTC?
It is taking too much time for my computer to synchronize Sad
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