[ANN][LIT] LightCoin | Mobile Mining | Android Wallet to stake POS| On Bittrex

[mellon]

It is combined POW + POS system , POW didn`t end you can mine still + POS additionaly started at block 20000 so it goes now in POW+POS mode at once

Correct me someone if i am wrong



[/quote] Yes, PoW+PoS system. And if i right understand PoW ending when first 10 millions coins would be mined.

[santamarko]

we can vote more than one time, but just once per day, so lets work together and vote every day!

[mellon]

we can vote more than one time, but just once per day, so lets work together and vote every day!

Yes and its not need a registration for vote. Its take only few seconds one time per day)) Ty all for support. LIT now up to 6 place with 10 voices on Cryptoine.com.

[Trezi]

Yes, PoW+PoS system. And if i right understand PoW ending when first 10 millions coins would be mined.

the last POW block should be block #320000

[cassius69]

Yes, PoW+PoS system. And if i right understand PoW ending when first 10 millions coins would be mined.

the last POW block should be block #320000

whoa, okay. it says 20000 in the op i thought.

got it now.

[Trezi]

whoa, okay. it says 20000 in the op i thought.

got it now.

• Block reward: 200 LIT to block 20000 and 20 LIT after block 20000

[sovie]

someone had better make that pretty clear in the OP
as upuntill now i was also under the impression that POW
had ended perhaps the best thing to do is limit the POW
now that POS has started to stabalise the chain.
The coin will just be that much more valuable with fewer coins.

80% of coins that have less than 4mil pow are doing very well
while 75% of all those with more than that are not doing well or are dead
there is definantly a pattern here

[richardn1987]

When will the mobile staking be ready?

[Trezi]

someone had better make that pretty clear in the OP
as upuntill now i was also under the impression that POW
had ended perhaps the best thing to do is limit the POW
now that POS has started to stabalise the chain.
The coin will just be that much more valuable with fewer coins.

It is all written in the OP and in the following posts by the admin. You can also see it in the block explorer.

80% of coins that have less than 4mil pow are doing very well
while 75% of all those with more than that are not doing well or are dead
there is definantly a pattern here

Really? What about bitcoin, litecoin, darkcoin...? All dead?

[cassius69]

someone had better make that pretty clear in the OP
as upuntill now i was also under the impression that POW
had ended perhaps the best thing to do is limit the POW
now that POS has started to stabalise the chain.
The coin will just be that much more valuable with fewer coins.

It is all written in the OP and in the following posts by the admin. You can also see it in the block explorer.

80% of coins that have less than 4mil pow are doing very well
while 75% of all those with more than that are not doing well or are dead
there is definantly a pattern here

Really? What about bitcoin, litecoin, darkcoin...? All dead?

from a trading standpoints it better to end pow at some point. otherwise we r all competing with miners dumping at low prices.

trading volume on bittrex and investor interest in this coin arent high. ending pow would probably see a pump.

waiting around for another 5+ million coins to be dumped on us is suicide at this point i fear 

[cindereynolds]

Isn't block reward only 20 lightcoin now though?? What we need is some good news or progress updates. I notice in the cloak thread they just post updates on their progress and it keeps people hyped and interested. Dev needs to be more active on twitter and in this thread in my opinion.

[cassius69]

Isn't block reward only 20 lightcoin now though?? What we need is some good news or progress updates. I notice in the cloak thread they just post updates on their progress and it keeps people hyped and interested. Dev needs to be more active on twitter and and this thread in my opinion.

of course. that will help morale when no news is coming out. 

[Lightcoinproject]

Isn't block reward only 20 lightcoin now though?? What we need is some good news or progress updates. I notice in the cloak thread they just post updates on their progress and it keeps people hyped and interested. Dev needs to be more active on twitter and in this thread in my opinion.

I never stopped being active in this thread. However I only post here to announce or update our progress or reply to questions someone might have.

On Twitter I am also doing basically announcements and updates.

I am on IRC http://webchat.freenode.net/?channels=#lightcoinproject most of the time. We have a tipbot btw

[cindereynolds]

I hadn't seen you here in a day and a half, you know how people get.

Any plans for these upcoming weeks?

[BITempus]

I think if this coin is going to go anywhere, it needs a name change

So... the way you see it, a coin is not about the innovation, dedicated active devs and the work behind it but the name of the coin is what is all about... Right, you better check your priorities in life. Its like saying Justin Bieber is the best song artist in the world because of all the hype done around his name even though he does not sing for shit.

[Trezi]

I hadn't seen you here in a day and a half, you know how people get.

Any plans for these upcoming weeks?

Dude pls don't be so dependent. Instead of hanging around in the c-cex chat you should do some research. The dev has made clear statements about the developement:

Hi, the Android wallet beta version release eta is 20-30 days.

And this is from the OP, if you even don't read this you are wrong in cryptoland, seriously:

Short/Mid term:

• Android Wallet in development
• Anon transactions
• GUI Lightwallet
• IOS Wallet
• Lightnodes Network

Long term:

• Mining (lightmining) on mobile devices Blockchain (Lightchain on mobile technology) for less power consuming, faster and lighter transactions

[Relaxedsense]

I hadn't seen you here in a day and a half, you know how people get.

Any plans for these upcoming weeks?

Dude pls don't be so dependent. Instead of hanging around in the c-cex chat you should do some research. The dev has made clear statements about the developement:

Hi, the Android wallet beta version release eta is 20-30 days.

And this is from the OP, if you even don't read this you are wrong in cryptoland, seriously:

Short/Mid term:

• Android Wallet in development
• Anon transactions
• GUI Lightwallet
• IOS Wallet
• Lightnodes Network

Long term:

• Mining (lightmining) on mobile devices Blockchain (Lightchain on mobile technology) for less power consuming, faster and lighter transactions

Agree, give the dev some room. This is not your typical buy on rumor sell on news coin. Slow and steady, something that's lost in this crypto scene.

[cassius69]

20 days from the fifth is about now. so we can expect the development to be done soon then! yay! 

[mellon]

I think if this coin is going to go anywhere, it needs a name change

So... the way you see it, a coin is not about the innovation, dedicated active devs and the work behind it but the name of the coin is what is all about... Right, you better check your priorities in life. Its like saying Justin Bieber is the best song artist in the world because of all the hype done around his name even though he does not sing for shit.

You think copycat names is going to do any good for this coin, copying the litecoin name was a really bad start, it has no brand to it, and will fail without a new name, no ones wants to confuse with litecoin, and by using that name your telling all potential investors that this coin sis probably a copy cat coin with no innovation, hence why I haven't invested in it yet

Lol.How you can understand have any coin innovation aim or not only by coin name?  Really potencial investors read OP and after talk with dev about main aim and dev. plan.  You try to use Lightcoin Wallet,send any coin? Transaction really very easy and fast= Light transactions = Light nodes = Light Coin is the appropriate name for that crypto currency. And what name would you choose for it?

[richardn1987]

Regarding the android wallet; when I want to send some LIT I don't want to type the whole adres since it would be very tedious work. However, how can I use the QR code scanner?

CHeers

You dont have to type the whole address. You can copy an address to the clipboard and paste on the Android wallet but we still need to develop an address book. The QR code scanner we will use a app but there is some work to do and this will be explained when the beta is released.

That's Great!

When wiil the Android Lightcoin wallet be released? and ios wallet?

The android wallet beta version eta is 20-25 days. I will post updated status of the wallet as we develop more features and functions.
First we are working on the Android wallet, then we focus on the IOS.

How are things going?