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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1307011 times)
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February 08, 2019, 05:06:10 AM
 #7081

Well possible in crypto world, you are right LTC could reach above $100 if Bitcoin rise above $10k.
Litcoin Working with Beamprivacy for mimblewimble on litecoin, i think after this price will move to upside.
Tough competition between Litecoin and Dash, hope so LTC will surpass Dash.  Roll Eyes
Why not Grin coin, that is so hot recent weeks and accepted as payments for the forum Copper membership?
I think that Grin coin is better than Mimblewimble, despite the fact the Grin coin almost originated with basic ideas from Mimblewimble.

Does the above mean that 'mimblewimble' in some manner IS being placed/considered on Litecoin. Or is this just rumor yet?

thanks (trying to catch up)

brad


From what I understand, it will be a side-chain, to allow LTC users the opt-in ability to send their coins in a totally private manner utilising the mimblewimble protocol.
So yeah, collaboration will happen, but forget the 'why not grin' comment, it's won't be Beam and it won't be Grin, it will still be LTC.



Thanks that is more 'clear cut' than what I had heard. It is encouraging. (I have NO LTC at the present time, just to be clear on motives here)

brad

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February 08, 2019, 07:00:31 AM
 #7082

Looks very bullish to me, but that’s probably not going to happen soon. It doesn’t really matter with LTC if it takes more months. The litecoin Core Developers are likewise considering adding Mimblewimble, which would be a nice move. As long as they stick this out we will see it bounce back.



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February 08, 2019, 08:26:50 AM
 #7083

Looks very bullish to me, but that’s probably not going to happen soon. It doesn’t really matter with LTC if it takes more months. The litecoin Core Developers are likewise considering adding Mimblewimble, which would be a nice move. As long as they stick this out we will see it bounce back.

"Considering Mimblewimble" that doesn't mean they will make sure it's adding to the Litecoin protocol, I think they just enliven the technology that has recently come out and is popular in condemning privacy. I hope Litecoin remains consistent in its development to characterize it specifically and make it one of the more attractive digital assets  Grin

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February 08, 2019, 09:49:26 AM
 #7084

Looks very bullish to me, but that’s probably not going to happen soon. It doesn’t really matter with LTC if it takes more months. The litecoin Core Developers are likewise considering adding Mimblewimble, which would be a nice move. As long as they stick this out we will see it bounce back.
Adding Mimble wimble into Litecoin protocol, really?
If yes, then we will see a hardfork from Litecoin.
Anyway, the Mimblewimble has shown its strong power in privacy, and it is good if Litecoin can partner with them to build up better private features for Litecoin, and become competitive with DASH.

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February 08, 2019, 10:59:44 AM
 #7085

 Angry guys stop this rally . Shocked
ltc  make fast from 32 to 38$

lets do pump in summer. now rest= )

today you can oversleep mega Pump on bitcoin for 250 000$ per coin lol
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February 08, 2019, 12:19:15 PM
 #7086

I think this is one of the most promising projects. I consider it as nice an investment for increasing capital in the future.
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February 08, 2019, 12:33:51 PM
 #7087

Angry guys stop this rally . Shocked
ltc  make fast from 32 to 38$

lets do pump in summer. now rest= )
Did I miss something? But what news preceded this pump? I have checked their twitter - nothing interesting...

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February 08, 2019, 02:14:09 PM
 #7088

Did I miss something? But what news preceded this pump? I have checked their twitter - nothing interesting...
Not sure it is real or not because the Litecoin team have not confirmed about this.
There is drama on cooperation between Litecoin and Mimblewimble to boost the pace of developments on privacy for Litecoin network.
I guess this one is the reason of today rise.

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February 08, 2019, 04:59:36 PM
 #7089

Did I miss something? But what news preceded this pump? I have checked their twitter - nothing interesting...
Not sure it is real or not because the Litecoin team have not confirmed about this.
There is drama on cooperation between Litecoin and Mimblewimble to boost the pace of developments on privacy for Litecoin network.
I guess this one is the reason of today rise.

This is the email I got on their plan to implement private transactions...





The Momentum Continues

Since we last wrote you a couple weeks back, there's been no shortage of activity keeping us busy:

    Charlie Lee announced that we will be exploring Confidential Transactions.
    Humanitarian Luiza Palma joined the LF to help Litecoin reach its world-changing potential.
    We announced a sponsorship of the Mammoth Film Festival, and much more.

There are also a lot of exciting things happening in the background that we'll share as soon as the time is right.

As a non-profit, your support fuels these efforts. If you think we're doing a good job, visit the Litecoin Foundation site and donate any amount to show your support and help Litecoin reach its true potential!

Enjoy the issue and stay tuned!
Litecoin Explores Confidential Transactions
 
Charlie Lee recently announced that the Core development teams plan to add Confidential Transactions (CT) into a future release of the full node implementation sometime in 2019.

Charlie has previously mentioned his interest in CT as a potential solution to the fungibility problem which he views as one of final hurdles for cryptocurrencies to be ‘sound money’. For those who don't know, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable.

As this article puts it, "The underlying idea is very simple: if one coin becomes more valuable than another thanks to its history of transactions, or if there are monetary units that face restrictions due to their whereabouts, then the currency isn’t fungible. And when making a transaction reveals the entire balance, it becomes a problem for people who are cautious about their financial privacy, which may deter shoppers from spending their cryptocurrencies (just like someone taking a $20 bill at the cash register wouldn’t want to also reveal how much money he has in his wallet).

Therefore privacy and fungibility are two essential aspects that are intertwined: if nobody knows that the dollar bill in your pocket once belonged to either Pablo Escobar or Brad Pitt, then every unit is equal and can be exchanged for any other. In order to enable this ideal scenario of non-discriminated trades, Charlie Lee has been considering the addition of Confidential Transactions since the fall of 2018."

As the team continues to focus on ways to improve Litecoin, the exploration of CT is an important step. Happily, the community agrees:



Check out this primer from the LiteSchool to learn more about Confidential Transactions.
Lite Reading:


 
Litecoin Takes to Hollywood with the Mammoth Film Festival

The Litecoin Foundation is excited to be sponsoring the 2nd annual Mammoth Film Festival, taking place at Mammoth Lakes, CA, on February 7th through February 11th 2019. The festival, which debuted in 2017, was deemed “the biggest first year film festival ever organized.

This year, each winning filmmaker will receive Litecoin as part of their prize. The Litecoin Foundation will also have several team members in attendance who will be networking with the many celebrities, filmmakers, and festival attendees. They will be educating them about cryptocurrency and Litecoin, and helping them set up wallets to experience the power of LTC firsthand. Continue reading.



Litecoin focused on ‘Connecting the World’

When Satoshi Nakamoto first wrote the Bitcoin Whitepaper in October 2008, the goal was to create a peer-to-peer electronic cash system that would bypass financial institutions. Over the past decade, this new form of money has led to powerful social movements and technological advancements that have evolved cryptocurrencies like Bitcoin into something more than what was originally proposed.

For some, they are a necessity against the controlling economic conditions that dictates their lives, and a step towards towards a decentralized environment that provides freedom to people . Whilst the industry is currently valued at $114 billion with over 15,000 markets, there are now 2,000+ cryptocurrencies all with their own individual goals. Some will succeed, others will fail. But, we are entering a new global paradigm shift that will change the way that we transfer value across the world. Continue Reading.



Litecoin Community Moves to Adopt New Blue Logo

Following the successful UFC232 event, where the Litecoin Foundation first displayed a new blue alternative to the traditional grey flat/striped Litecoin logo, it appears the new design has resonated amongst the user base and begun being adopted by many within the community.

The new logo is free to use without restriction, keeping in tradition with the free and open source nature of Litecoin. The Foundation actively encourages businesses and users to adopt the new logo for brand consistency but acknowledge it is up to each business which they choose to use. Continue Reading.
The Power of #PayWithLitecoin
 
Recently, we ran a poll on Twitter that found that 82% of consumers would definitely or potentially switch to a competitor of a company they do business with based solely on the fact that they accepted their preferred cryptocurrencies.

While this isn't a scientific poll, the message for brands is clear: people want to spend their crypto and they will do business with the companies that take a leadership position by allowing their customers to do so.
 
Now Accepting Sponsors of the Litecoin Foundation Newsletter!

Why should you sponsor?
Get your product or service in front of tens of thousands of passionate cryptocurrency and Litecoin enthusiasts.

Best of all, 100% of the proceeds go directly towards the development and key initiatives to support Litecoin!
Who is this for?
This is the perfect opportunity for crypto and blockchain related businesses and merchants who accept LTC.

Click here to learn more or email sponsorships@litecoinfoundation.net.

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February 08, 2019, 05:19:09 PM
 #7090

Well possible in crypto world, you are right LTC could reach above $100 if Bitcoin rise above $10k.
Litcoin Working with Beamprivacy for mimblewimble on litecoin, i think after this price will move to upside.
Tough competition between Litecoin and Dash, hope so LTC will surpass Dash.  Roll Eyes
Why not Grin coin, that is so hot recent weeks and accepted as payments for the forum Copper membership?
I think that Grin coin is better than Mimblewimble, despite the fact the Grin coin almost originated with basic ideas from Mimblewimble.

Does the above mean that 'mimblewimble' in some manner IS being placed/considered on Litecoin. Or is this just rumor yet?

thanks (trying to catch up)

brad


From what I understand, it will be a side-chain, to allow LTC users the opt-in ability to send their coins in a totally private manner utilising the mimblewimble protocol.
So yeah, collaboration will happen, but forget the 'why not grin' comment, it's won't be Beam and it won't be Grin, it will still be LTC.



Thanks that is more 'clear cut' than what I had heard. It is encouraging. (I have NO LTC at the present time, just to be clear on motives here)

brad


you are welcome. I am over working with the Beam team now so feel free to join in the conversation - some will not be happy that we are collaborating but I see it as a great step forwards for the entire crypto-community as a whole. I've appreciated LTC for many years ad I will continue to do so, moreso now that privacy options are going to be added.

it's good times ahead.

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February 08, 2019, 05:51:48 PM
 #7091

Litecoin is giving big shock to those people who were thinking it will be much harder for this to see this kind of performance. LTC still have big support and today it make me feel relaxed not this only all other coins also into wonderful mode which is much needed thing in current situation.
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February 08, 2019, 08:53:16 PM
 #7092

I think Litecoin will surprise us more - Litecoin Surges 10%, Becomes the 4th Largest Cryptocurrency



https://blockmanity.com/news/litecoin-surges-10-becomes-the-4th-largest-cryptocurrency/
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February 09, 2019, 12:59:24 AM
 #7093

I think Litecoin will surprise us more - Litecoin Surges 10%, Becomes the 4th Largest Cryptocurrency



https://blockmanity.com/news/litecoin-surges-10-becomes-the-4th-largest-cryptocurrency/
Litecoin can not move higher, in rank, I meant.
There are big gaps between Litecoin and Ethereum/ Ripple in marketcap.
Anyway, the drama relates to Mimble Wimble shows its amazing impacts on Litecoin price.  Smiley

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February 09, 2019, 03:08:09 AM
 #7094

Anyway, the drama relates to Mimble Wimble shows its amazing impacts on Litecoin price.  Smiley
Drama, not it's not drama.
It's real.
There you go:
https://medium.com/beam-mw/mimblewimble-litecoin-cooperation-2f0631825ba9
https://twitter.com/beamprivacy/status/1093442538193801217
These ones are official announcements from BEAM and Litecoin about the cooperation.
Enjoy!

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tranthidung
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February 09, 2019, 03:31:18 AM
 #7095

It looks like Litecoin will soon surpass Ethereum because from of the position and price of Litecoin is very supportive, Litecoin is a coins that deserve to be taken into account and in my opinion this coin will be a favorite of many people. it's very interesting to see the struggle of XRP (ripple), Ethereum and Litecoin to want to be in the second position under Bitcoin. Grin
No, it won't, I believe.
The gap between Ethereum and Litecoin is huge ($11 mil versus $2.2)
It means Litecoin has to rise more than five times, even when Ethereum stays at its current price, to surpass Ethereum in marketcap and position on CMC.
It don't see probability for it.

I agreed Litecoin and BEAM cooperation is great, but it is not enough to help Litecoin surpass ETH.

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NJB18
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February 09, 2019, 03:36:14 AM
 #7096

I think Litecoin will surprise us more - Litecoin Surges 10%, Becomes the 4th Largest Cryptocurrency



https://blockmanity.com/news/litecoin-surges-10-becomes-the-4th-largest-cryptocurrency/
Litecoin can not move higher, in rank, I meant.
There are big gaps between Litecoin and Ethereum/ Ripple in marketcap.
Anyway, the drama relates to Mimble Wimble shows its amazing impacts on Litecoin price.  Smiley
It looks like Litecoin will soon surpass Ethereum because from of the position and price of Litecoin is very supportive, Litecoin is a coins that deserve to be taken into account and in my opinion this coin will be a favorite of many people. it's very interesting to see the struggle of XRP (ripple), Ethereum and Litecoin to want to be in the second position under Bitcoin. Grin

Stop spamming here.

How can Litecoin very supportive when its founder itself already sold its positions? You do realize that Litecoin price needs to go 500% up in order to match Ethereum?
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February 09, 2019, 03:52:51 AM
 #7097

I think Litecoin will surprise us more - Litecoin Surges 10%, Becomes the 4th Largest Cryptocurrency



https://blockmanity.com/news/litecoin-surges-10-becomes-the-4th-largest-cryptocurrency/
Litecoin can not move higher, in rank, I meant.
There are big gaps between Litecoin and Ethereum/ Ripple in marketcap.
Anyway, the drama relates to Mimble Wimble shows its amazing impacts on Litecoin price.  Smiley

Agree, but there is chance of moving it's volume in the coming day but there is chance to increase it's price once the bitcoin price start increasing in the market. Now lite coin is also one of the best choice for investing because the price is still low in the market.



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zahidmoon
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February 09, 2019, 05:18:46 AM
 #7098

I think Litecoin will surprise us more - Litecoin Surges 10%, Becomes the 4th Largest Cryptocurrency



https://blockmanity.com/news/litecoin-surges-10-becomes-the-4th-largest-cryptocurrency/
Litecoin can not move higher, in rank, I meant.
There are big gaps between Litecoin and Ethereum/ Ripple in marketcap.
Anyway, the drama relates to Mimble Wimble shows its amazing impacts on Litecoin price.  Smiley

Agree, but there is chance of moving it's volume in the coming day but there is chance to increase it's price once the bitcoin price start increasing in the market. Now lite coin is also one of the best choice for investing because the price is still low in the market.
that's great increase in litecoin price almost 10$ increase in 24 hours. bitcoin price also increase and yes you are right if bitcoin price increase more then litecoin price will upto 50$ easy. litecoin in top 10 cryptos investment right now could worth a lot

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February 09, 2019, 08:19:36 AM
 #7099

wtw ltc 45.47$


today you can oversleep mega Pump on bitcoin for 250 000$ per coin lol
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February 09, 2019, 08:32:57 AM
 #7100

Any news? Why is Litecoin price pumping all the sudden? Or is it just the market?

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