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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 783932 times)
wtogami
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September 10, 2015, 01:38:49 PM
 #2781

Code:
    "vout": [
        {
            "value": [b]0.00020000,[/b]

I used the latest QT Litecoin Core version v0.10.2.2 (64-bit)

I guess my question is how did this tx get accepted locally (and in other nodes) if it has insufficient fees to be confirmed? And why isnt 0.001 enough of a fee? Are you saying that if the output was bigger, the fee would have been enough?

James

https://github.com/litecoin-project/litecoin/commit/72707115a7d968674866a1ddfc45348c4cb3e712
Litecoin: Anti-spam mechanism adds 1000 bytes to the fee for each output smaller than DUST_THRESHOLD

Litecoin's stock policy has had this fee penalty for each too small output since 2011.  Your code must calculate fees in the same manner or it will fail to relay or be mined by nodes operating under the stock policy.  Nothing stops submitting a raw transaction to your own node, and some explorers accept non-standard transactions such as this, but the vast majority of the network will not accept it.  You can test this by watching debug.log of any standard node.

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ShapeShift.io
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September 16, 2015, 09:30:42 PM
 #2782

ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell Litecoin straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m


ShapeShift.io - Instant Crypto Conversion/币币兑换
Skatebird
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September 17, 2015, 11:15:09 PM
 #2783

What are the futurs plans for litecoin ?!

Faucetland
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September 17, 2015, 11:24:32 PM
 #2784

its funny to see the first page of this thread
ppl saying litecoin will die soon if its not innovative
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HolyTransaction.com


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September 20, 2015, 04:10:00 PM
 #2785

HolyTransaction has released @HolyTransactionBot with Accountless Litecoin Exchange for the Telegram/GetGems messenger!

Buy or sell Litecoin from the messenger client.
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hoie6060
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September 21, 2015, 03:04:21 PM
 #2786

Code:
2015-09-07 16:23:58 ERROR: AcceptToMemoryPool : not enough fees 3b90916d8442342813c4b6415f699cdd2846f668881c7ce8f5966a16a3bf47f3, 100000 < 200000

It is not propagating because it has insufficient fees.  There is no bug here.

Can you dumprawtransaction and paste the output here?  If you do I can explain why the fees are insufficient.  I'm guessing it has an output that is too small and thus triggering the fee penalty?  BTW, what client created this transaction?
I generated this tx with my code, but it was an earlier version and might have had some problems. I was not awareof a fee penalty, it is as follows:

Code:
{
    "txid": "3b90916d8442342813c4b6415f699cdd2846f668881c7ce8f5966a16a3bf47f3",
    "version": 1,
    "locktime": 0,
    "vin": [
        {
            "txid": "13a791824888a75cda2ed94b39c3ced90a06624d294084a0afd738d765525683",
            "vout": 1,
            "scriptSig": {
                "asm": "304402205b06b4a4471314cc423214088bd6c75546a0c3765d61405e6e2550674a474e17022043b73e6357381fbd9c8ac81dcc364e34d46560983bfdb08b162f54f019ec3b1801 031e8ab7edc770169773bb1716904b70ed79a171d11e9af75340949c8949d72a26",
                "hex": "47304402205b06b4a4471314cc423214088bd6c75546a0c3765d61405e6e2550674a474e17022043b73e6357381fbd9c8ac81dcc364e34d46560983bfdb08b162f54f019ec3b180121031e8ab7edc770169773bb1716904b70ed79a171d11e9af75340949c8949d72a26"
            },
            "sequence": 4294967295
        }
    ],
    "vout": [
        {
            "value": 0.00020000,
            "n": 0,
            "scriptPubKey": {
                "asm": "OP_HASH160 557ae5bf81ec20138026548ddca5654ac8af27cf OP_EQUAL",
                "hex": "a914557ae5bf81ec20138026548ddca5654ac8af27cf87",
                "reqSigs": 1,
                "type": "scripthash",
                "addresses": [
                    "39UzauyJ9iDQy4wS1UFDx1LUFP48HnMYsY"
                ]
            }
        },
        {
            "value": 0.50854610,
            "n": 1,
            "scriptPubKey": {
                "asm": "OP_DUP OP_HASH160 1c660332b01b497e9f3e8a04da866e66bd99505e OP_EQUALVERIFY OP_CHECKSIG",
                "hex": "76a9141c660332b01b497e9f3e8a04da866e66bd99505e88ac",
                "reqSigs": 1,
                "type": "pubkeyhash",
                "addresses": [
                    "LMp7PY4ymHLnaECvbWxZB245uKsr3jK9zz"
                ]
            }
        }
    ]
}
I used the latest QT Litecoin Core version v0.10.2.2 (64-bit)

I guess my question is how did this tx get accepted locally (and in other nodes) if it has insufficient fees to be confirmed? And why isnt 0.001 enough of a fee? Are you saying that if the output was bigger, the fee would have been enough?

James


Yes I think the tx will pass through if you sign it again with bigger output, or you just pay a larger fee.

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expert-lister
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September 26, 2015, 03:47:14 PM
 #2787

When i opening Litecoin setup, i receive an error:
Win 10 x64

How can i fix?


Liberty...
hugs1BTC
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September 26, 2015, 03:58:22 PM
 #2788

When i opening Litecoin setup, i receive an error:
Win 10 x64

How can i fix?



Do you have a previous installation of Litecoin wallet?
expert-lister
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September 28, 2015, 11:04:09 PM
 #2789

When i opening Litecoin setup, i receive an error:
Win 10 x64

How can i fix?



Do you have a previous installation of Litecoin wallet?

No!

Liberty...
feldenthorne
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September 29, 2015, 01:35:14 AM
 #2790

When i opening Litecoin setup, i receive an error:
Win 10 x64

How can i fix?



Do you have a previous installation of Litecoin wallet?

No!

Since no one has given more helpful advice, have you tried the "Run as Administrator" option from the context (right-click) menu?
expert-lister
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September 29, 2015, 08:22:58 AM
 #2791

When i opening Litecoin setup, i receive an error:
Win 10 x64

How can i fix?



Do you have a previous installation of Litecoin wallet?

No!

Since no one has given more helpful advice, have you tried the "Run as Administrator" option from the context (right-click) menu?

Yes, I tried, but didn't work!   Sad Litecoin support is offline always?!

Liberty...
ShapeShift.io
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September 30, 2015, 06:45:59 PM
 #2792

ShapeShift.io is excited to announce the launch of our newest tool, Skeleton. Skeleton allows websites to offer on-site exchanges so that their users don't have to leave the site in order to do an exchange. Allow your website users to buy or sell Litecoin directly from your site! Learn more about how you can add this to your site here and see a VIDEO example of how CoinCap has utilized this offering: http://bit.ly/1WvSoBx


ShapeShift.io - Instant Crypto Conversion/币币兑换
Woody20285
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October 01, 2015, 04:04:56 AM
 #2793

Been using 2 USB scypt miners and this works but I can't figure out how to add a 3rd miner
Any advice from the pros?

cgminer.exe --scrypt -o stratum+tcp://mining.tompool.org:3395 -u woody20285.user -p x --scan-serial \\.\COM3 -S \\.\\COM5 --zeus-chips 96 --zeus-clock 242

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Zombier0
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October 01, 2015, 04:23:32 AM
 #2794

Better t hold ltc than btc surely

coinomat.com
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October 06, 2015, 10:25:39 PM
 #2795



Coinomat.com has been offering instant cryptocurrency exchane and crypto to fiat transfers since 2013.


Currently we offer the following services for all cryptocurrencies we support:
Instant cryptocurrency exchange.
We were the first service to offer no-registration instant cryptocurrency exchange (yes, before Shapeshift). Now you can exchange BTC, LTC, NXT, BTCD, DOGE, DASH, PPC coins instantly, also you can exchange them to and from e-currencies (PerfectMoney, OKcoin).


We offer many directions and method for fiat exchanges. You can buy and sell all supported cryptocurrencies using:
Cryptocurrency withdrawal to any Visa/Master/UnionPay card issued by any bank worldwide.
You can withdraw your crypto within 2 business days to your existing Visa/Master/Union pay card issued by your bank. If there are not very many local exchangers in your area or you want to withdraw altcoins they do not support this might be an  option, you just have it sent to your bank card. More details here.

Custom debit card to withdraw your crypto.
You can order a custom debit card to withdraw your crypto to, inlcuding BTC, LTC, NXT, BTCD, DOGE, DASH, PPC coins. Card loading is almost instant, and the card can be delivered all over the world.


Buying and selling your crypto with bank transfer.
You can buy and sell your coins, including BTC, LTC, NXT, BTCD, DOGE, DASH, PPC, using your bank account. SEPA transfer in europe takes usually one business day.

arbitrader
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October 08, 2015, 09:37:34 PM
 #2796

used your service to buy some ltc's. you're doing great! and i receive ltc's almost instant after completed transanction
ShapeShift.io
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October 28, 2015, 10:25:07 PM
 #2797

ShapeShift.io has released our instant exchange app for Android devices! Buy or sell Litecoin with bitcoin and 45+ cryptos instantly on any Android device. Exchange anytime, anywhere: https://shapeshift.io/site/tools/shapeshift-mobile


ShapeShift.io - Instant Crypto Conversion/币币兑换
Wekkel
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October 28, 2015, 10:47:18 PM
 #2798

LTC seems to build up pressure for a jump. Where is Fontas when you need him?

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disclaimer201
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October 30, 2015, 08:03:57 AM
 #2799

LTC seems to build up pressure for a j pump. Where is Fontas when you need him?

Corrected that for ya.

On a different more serious note. Now that LTC asics are here and the entire point of scrypt has been undermined (no pun intended) and ltc miners suck compared to bitcoin asic miners- what on earth is stopping Litecoin developers to change litecoin algorithm to multiple algos including sha256???

Such a switch has been done successfully - Digitalcoin devs did it months ago but DGC has other issues like missing size and popularity and fairness. Seriously though, why waste more power/heat on an inefficient mining algorithm than necessary? Everyone still in mining owns sha256 Asics and some might switch to LTC mining after (or even before) BTC is halving. I know I would. It would be a revival. If there is to be a future place for LTC it must have some purpose, some development other than being a means of speculation for russian whales at/and BTC-E.

Switch to multiple algos X11,Sh256,Scrypt!

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October 30, 2015, 08:35:14 AM
 #2800

Nice service man
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