ANN ~ CPU mining ~ Fork of Litecoin ~ LitecoinFinance ~ LTFN ~ UPDATE

[mraksoll]

Previous Thread

https://bitcointalk.org/index.php?topic=5086601.0

Litecoin Finance

LTFN fork based on latest LTC and updated to latest btc sourc code 0.21.1.
But it's more advanced and special because, it's based on CPU mining algorithm "YesPoWerR16", so everyone can mine with their idle CPU and none ASIC or any other high rate mining machines can effect the network.
LTFN is anti 51% attack and LTFN team will continue to develop the source when more tech developments improvements needed.

SPECIFICATIONS:

Name of the coin: Litecoin Finance

Ticker: LTFN

Proof Type: POW

Fork at block: 1 550 000

Old Pow Algorithm Before EPOCH 1618941625: YescryptR32

New Pow Algorithm After EPOCH 1618941625: YesPoWerR16

P2P Port: 39328

RPC Port: 39327

Address letter prefix: C

Multisig Address prefix: N

Bech32 Address prefix: ltfn

2-way replay protection: Yes

Block time: 2.5m ( 150 second )

Maturity: 100 + 1 blocks

Block maximum size: 8mb

Difficulty Re-target: Every block - Gravity Wave before block 1858801 with pastblock 12,
 after with standart 24 rule

Reward: Reward 50 coins will start from block 1858801 and next 661 200 blocks before it go to halving rule block,
 next 84 000 blocks will be with reward 25 , etc...

Maximum coin supply: 170,835,000 - (84 0000 * 50 + 84 000 * 25 + before update mined 178 800 * 12.5 + 661 200 by reward * 50 ,
 then 25 halving will be every 84 0000 blocks what is at and 51 999 999.99022111 + 20 500 000 so the maximum amount will be 170835000.
That ammount never be reached as some coins is losed forever from LTC chain, use gettxoutsetinfo for undestand.)

Network magic: a7b388e9

forkid: 42

sighash forkid: 0x40

Tx Sighash structure: SIGHASH_ALL + SIGHASH_FORKID

SIGHASH_ALL + SIGHASH_FORKID in decimal: 65

Find Us:

Website Old ( not actual ): https://ltfn.org

Website New:  https://ltfn.scalaris.info

Explorer:  https://openchains.info/coin/ltfn/blocks

List of Pools: https://miningpoolstats.stream/litecoinfinance

Coinmarketcap: https://coinmarketcap.com/currencies/litecoin-finance/

CoinGecko: https://www.coingecko.com/en/coins/litecoin-finance

Telegram: http://t.me/LitecoinFinance

Discord Old ( not actual): https://discord.gg/vtCFvTb

Discord New: https://discord.gg/t8Tc5us5jq

Twitter Old ( not actual): https://twitter.com/LitecoinFinance

Twitter New: https://twitter.com/FinanceLitecoin

GitHub repository: https://github.com/litecoinfinance

Wallets:

https://ltfn.scalaris.info/Wallets/index.htm

or

https://github.com/litecoinfinance/litecoinfinance/releases

https://github.com/litecoinfinance/electrum-ltfn/releases

Exchanges:

https://crex24.com/exchange/LTFN-BTC

https://atomicdex.io/

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[Xiubox]

What's the difference between you and other coins

[mraksoll]

i am dev , not marketing managare . So that make possible project grow upate etc... I comprare with marketing managers projects what always try find dev's   + i do all at enetusiasm .

[baljeetamsaini]

So.... this is the branch-out from the old LTNF thread in here.

What happens to the old LTFN coins that people mined. I think I myself have almost 50K of the old LTFN.

Await clarity.

[mraksoll]

So.... this is the branch-out from the old LTNF thread in here.

What happens to the old LTFN coins that people mined. I think I myself have almost 50K of the old LTFN.

Await clarity.

This is the same coin , same github repo , see at old thread when it was updated , and at repo,  there is not exist any old LTFN coin , so you simple need update to latest wallet , possible resync.

all coins should be in place, even those what before the creation fork from LTC so it stil can be swaped.

Make bakup copy your wallet.dat , install latest version , put there wallet dat. resync.

When update was come , it was even disabled trades at crex24, and contacted all known mining pools.

Reason for recreate thread and twitter , and some channels , the person who was supposed to update info at all of this - disappeared about half a year ago.

[ePesoInitiative]

i am dev , not marketing managare . So that make possible project grow upate etc... I comprare with marketing managers projects what always try find dev's   + i do all at enetusiasm .

Dev, get an English-speaker partner for Chris's sake. 

[mraksoll]

i am dev , not marketing managare . So that make possible project grow upate etc... I comprare with marketing managers projects what always try find dev's   + i do all at enetusiasm .

Dev, get an English-speaker partner for Chris's sake. 

 sorry , i was litle drinked . But if really my english is bad

[mraksoll]

Invest box returned at crex24!

[coinbeamer]

What are your plans to move the project further? I looked at the exchange, there is just silence and there is no trading, because with such a price for a coin and a mining reward, the project will not arouse much interest.

Yes, whats your plan? More exchanges?

Are you alone at this project or is there a team? Do you "want" more help ?

[mraksoll]

What are your plans to move the project further? I looked at the exchange, there is just silence and there is no trading, because with such a price for a coin and a mining reward, the project will not arouse much interest.

Yes, whats your plan? More exchanges?

Are you alone at this project or is there a team? Do you "want" more help ?

More devs/pull request always good, how at all crypto project - ecosystem and more use cases .

More use cases = more exchangers. ( i now more belive to decentralized planform like komodo atomic , blocknet etc... )

Big problem with centralized exchangers they stop see any different with self chain projects and tokens contracts ...  

simple example write to some random exchanger , all looks good , then at and , can we see contract at eth network ? ...  Grin When start explain  what is different cryptocurrency aka coin and token contracts ( "sorry we are list only erc20  , we don't understand what you say is not all projects at etc20 ? it is fork eth ?"  

all team at this point i , and people from community.

[CaVO32]

Being the fork of one of the old alts, what exactly is your aim here? Also, any activities to attract the interest of traders? Usually, if you hit the 1 sat level in trading, you really have to look out on this as this means, it is almost dying. It is still very early to go down in this level. Something needs to happen here so you can change your path here.

[Eddyc]

Being the fork of one of the old alts, what exactly is your aim here? Also, any activities to attract the interest of traders? Usually, if you hit the 1 sat level in trading, you really have to look out on this as this means, it is almost dying. It is still very early to go down in this level. Something needs to happen here so you can change your path here.

The sun shines for everyone and everyone has the right to show new possibilities. However you may be right about adoption but at the start of any project without financial support the prices are negligible. In general, it's an experimental project and is not interested in harming, but in developing new paths.

Everyone can dream.

[coinbeamer]

crex24 isnt reachable from germany without VPN any mpre since yesterday ...

[cryptomaxsun]

Now there are many coins that are mined on the CPU.
On the one hand, this is good, they are true to Satoshi's ideals - "one processor - one vote".
But almost all of them are united by the fact that almost no one needs them, they are not in demand by the community.
They have little liquidity, the price goes down. People mine and sell right away, but don't rush to buy them.
There is little hope for a pump, there is little real use.
Use is needed, then there will be a demand for the coin.
So where are we going?

[DaveF]

Now there are many coins that are mined on the CPU.
On the one hand, this is good, they are true to Satoshi's ideals - "one processor - one vote".
But almost all of them are united by the fact that almost no one needs them, they are not in demand by the community.
They have little liquidity, the price goes down. People mine and sell right away, but don't rush to buy them.
There is little hope for a pump, there is little real use.
Use is needed, then there will be a demand for the coin.
So where are we going?

You left out the other issue with CPU coins, bot farms.
There are a lot of compromised machines out there where their CPUs have been hijacked for CPU mining.
The operators of the botnets that are running them will come in mine the hell out of a CPU coin, dump it and move to the next.
Even at a fraction of a satoshi for each coin, if you are not paying for the mining power it's all profit.

-Dave

[mraksoll]

Litle outdate news , but komodo atomic dex ( add LTFN  and now support forkid coins)