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

[nrg_wolf]

@Coblee, with the forthcoming wave of Scrypt ASICs, are there any plans of shifting Litecoin from Scrypt to any other algo?

I vote X11, runs so much cooler, uses far less electricity! This is the responsible, environmental friendly way to go!

IMHO the best course of action is to not make any change to the algorithm at all. After the heavy hitting ASICs dominate the mining landscape, people will have no other choice but to buy LTC if they want it. It'll be a seller's market, like what happened to Bitcoin.

those can afford such machines will get richer, the little guy miners will get shafted with your theory..... typical greedy nub. an alog change should happen to keep LTC out of the big hands of ASIC whores and farms.

[Aosilu Houdali]

I really think that this thread should be locked with a linkt to a redirect.

[Beeker]

Litecoin hardfork to X11

https://bitcointalk.org/index.php?topic=549572

[c-cex]

Have You try our exchange? We offer Litecoin to trade for BTC/USD or any other coin we have. Also PayPal withdraw available.

https://c-cex.com/index.html?p=ltc-btc
https://c-cex.com/index.html?p=ltc-usd

[MarketNeutral]

Keep it sCrypt.

[pym002]

yes i think so

[P2PHash]

Now with Cryptsy price displayed
Address: ltc.p2phash.com

P2Pool benefits:
* No registration required
* Distributed hashrate
* Immediate payouts after a block is found
* Higher payouts with transaction fees paid to miners
* No account hack possible

Fee: only 0.5%
Start mining within seconds! Just point your miner to p2phash.com:9327 and use the Litecoin address from your wallet for username, the password doesn't matter.

[vertoe]

Ready for the launch of this coin, yet another p2pool node!
http://q30.qhor.net:9327/static/

[traderman]

Is litecoin wallet vulnerable to the new SSL bug?

[wtogami]

Is litecoin wallet vulnerable to the new SSL bug?

Mostly no, unless you enjoy enabling the non-default RPC SSL that almost nobody uses.

https://litecointalk.org/index.php?topic=17974.0
openssl has been upgraded and dozens of other little bugs fixed in the release candidate.

[stewart2012]

hello every one

what do you think about lite coin price in the future ? how much is target ?

thanks you

[Tai Zen]

My friends and I ran into Charlie Lee at the Texas Bitcoin Conference last month and sat down with him to get the latest updates about Litecoin:

Video #1 - Charlie Lee Talks About Litecoin & BTC China With Tai Zen & James D’Angelo | World Bitcoin Network
http://prisonorfreedom.com/charlie-lee-talks-about-litecoin-btc-china-with-tai-zen-james-dangelo-world-bitcoin-network/

Video #2 - How Does Coinbase Protect Customers' Funds?
http://prisonorfreedom.com/how-does-coinbase-protect-customers-funds/

Video #3 - How Does Coinbase Remove Price Volatility For Businesses Who Accepts Bitcoin?
http://prisonorfreedom.com/how-does-coinbase-remove-price-volatility-for-businesses-who-accepts-bitcoin/

Enjoy!
Tai Zen

[btcash]

Electrum-LTC Beta Testing:
https://litecointalk.org/index.php?topic=18608.0

Awesome Donation Widget:
http://ltc.blockr.io/donate/button

Buy Gift Cards on eGifter with Litecoin:
http://www.egifter.com/litecoin/

[HEISENAIR]

I think it is extremely poor how difficult and time consuming it is to import from a paper wallet. I have to download the entire blockchain just to retrieve my funds. BTC uses Mycelium which is extremely fast and easy. You cannot expect mainstream to adopt this on a day to day basis without this being addressed.

I have to sit now and wait for a long long time for the blockchain to download, just to retrieve my coins. Ridiculous. I certainly won't be storing them offline anymore.

[wtogami]

I think it is extremely poor how difficult and time consuming it is to import from a paper wallet. I have to download the entire blockchain just to retrieve my funds. BTC uses Mycelium which is extremely fast and easy. You cannot expect mainstream to adopt this on a day to day basis without this being addressed.

I have to sit now and wait for a long long time for the blockchain to download, just to retrieve my coins. Ridiculous. I certainly won't be storing them offline anymore.

Electrum for Litecoin is coming very soon (currently usable in beta testing).  It supports importing a private key and scanning for unspent coins.  It does so without the need for a local blockchain.

[btcash]

I have to sit now and wait for a long long time for the blockchain to download, just to retrieve my coins. Ridiculous. I certainly won't be storing them offline anymore.

Next time: https://litecoin.info/Bootstrap.dat

But agreed the Electrum client will be a huge improvement for casual users.

[chandan123]

Next time: litecoin.info/Bootstrap.dat

But agreed the Electrum client will be a huge improvement for casual users.

how we generate bootstrap.dat as backup

[prophetx]

anyone interested in helping add litecoin to Omni wallet?

check out

https://github.com/mastercoin-MSC/omniwallet

and feel free to ping me for how to get involved.

btw we do give out 100k in btc in bounties each month

[coinano]

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