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Author Topic: [ANN]Litebar Announces NeoScrypt Fork  (Read 5699 times)
br0ken
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October 30, 2014, 05:39:21 PM
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Hi Guys,

We are in the process of updating LTB from the Scrypt algorithm to the NeoScrypt algorithm. While this was certainly not an easy choice (due to all the available options out there) - we feel that NeoScrypt will be one of the next generation POW algorithms. Our decision was based on several factors, some of which includes the following:

1. ASIC resistant of course
2. GPU and CPU mining friendly
3. Consumes less memory than Scrypt
4. low - medium budget user friendly (for those who can't afford huge ASIC rigs) - fair distribution

We thank you for your patience while we update our algorithm (along with a few other minor things). The update will be available within the next 2 days (we will post) - and the switchover to NeoScrypt will happen on block 110000 (1-2 weeks). Here are a few links of interest:

Documentation / White Papers:
https://github.com/ghostlander/NeoScrypt
http://www.feathercoin.com/neo-scrypt-press-release.pdf
http://phoenixcoin.org/archive/neoscrypt_v1.pdf

Thanks
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lifeforcepools
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October 30, 2014, 06:14:03 PM
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>1. ASIC resistant of course


that's what X11 guys said and there are X11 asics being tested right now and mining X11 coins secretly

you can run but you can't hide...

Take the Guesswork out of choosing which Scrypt coins to mine: http://smarterhash.com
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October 30, 2014, 06:18:35 PM
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>1. ASIC resistant of course


that's what X11 guys said and there are X11 asics being tested right now and mining X11 coins secretly

you can run but you can't hide...

True! However, we'll keep running and changing  Grin
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October 30, 2014, 06:19:28 PM
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>1. ASIC resistant of course


that's what X11 guys said and there are X11 asics being tested right now and mining X11 coins secretly

you can run but you can't hide...

True! However, we'll keep running and changing  Grin

seems like a lot of work to delay the inevitable but best of luck!

Take the Guesswork out of choosing which Scrypt coins to mine: http://smarterhash.com
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October 30, 2014, 08:04:50 PM
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It seems to be the second coin with this algorithm!   Smiley

✔ Freedom ✔ Reliability ✔ Global accessibility BITCOIN ✔ Trust and Integrity ✔ Independence
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October 31, 2014, 09:59:51 AM
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It seems to be the second coin with this algorithm!   Smiley

Third. (Well 3.5 sort of)

Feathercoin, Phoenixcoin, and Litebar will be the third. However there was also a short lived Neocortex - but that didn't use the correct options of Neoscrypt despite using the neoscrypt algorithm codebase.

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November 01, 2014, 02:02:48 PM
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It seems to be the second coin with this algorithm!   Smiley

Third. (Well 3.5 sort of)

Feathercoin, Phoenixcoin, and Litebar will be the third. However there was also a short lived Neocortex - but that didn't use the correct options of Neoscrypt despite using the neoscrypt algorithm codebase.

i think ufocoin also has neoscript already so 4th .. but we still in top list  Grin -edit- damn just found imperiumcoin. also neoscrypt. so were nr 5.  Smiley . top5 still good  Grin

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November 01, 2014, 02:30:06 PM
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doing our testing now Cheesy updates will be posted
br0ken
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November 01, 2014, 08:11:05 PM
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smashing some bugs. we'll be up and running soon, guys. Thanks so much for your patience
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November 03, 2014, 04:30:46 AM
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smashing some bugs. we'll be up and running soon, guys. Thanks so much for your patience


nice!! good hearing your on top of it!! keep up the great work!!

hope you squashed those bugs..  Grin

~ 1000 blocks to go

crunching those blocks

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November 07, 2014, 06:05:20 AM
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smashing some bugs. we'll be up and running soon, guys. Thanks so much for your patience


nice!! good hearing your on top of it!! keep up the great work!!

hope you squashed those bugs..  Grin

~ 1000 blocks to go

crunching those blocks

any pools ready for the fork to neo?
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November 17, 2014, 08:18:39 PM
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this is sad..
no neo wallets, only source!
private mining going on hoping price will jump.

i have no idea why some idiot uses time to update source but releases no wallets?

or its just first neoscrypt coin fork turning out private mining scam?

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November 27, 2014, 04:53:57 PM
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clearly seen who loves and appreciates his coin with the same amount of coins

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AminerMiner
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December 11, 2014, 01:39:38 AM
 #14

tricky #$$hole . first using me and squadra to push it towaards the block for switching to other algo. stealing our coins with the pool and now mining this solo.

am i close?

great work !!

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