[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[Unpredictable]

Do we have any ETA, though?

[Viper1]

Making it hybrid sounds like a good idea. I'm not sure what Devs think about it

He's said he's in favor of lowering the block reward and extending mining.  He's also said this:

Personally, I would like to see PoW remain an option even after said total is reached in order to help process transactions and alow miners to collect tx fees.

[Xircom]

Do we have any ETA, though?

First we need to release v. 1.1.0, then 1.2 and then 1.3, as we have on our wallet coding roadmap. When these are finished the release of 2 gen Whitepaper will be released, so my guess is 2 gen whitepaper in 6 month time.
One thing we have released from the 2 gen coin is that DifficultyShield lies outside of bitcoin core and thats uniq and a specialty of LTCD.

[jahl]

"In short words, Its a complete redesign of the Crypto coin as we know it today and will make BTC , Darkcoin, Blackcoin or BTCDark look like windows 3.1."

that is a bald statement

[Xircom]

Thats the reason when I saw it first time, I was paralized for a second.....
But as it says on page 1 in the OPP: The 2nd generation cryptocurrency

[Xircom]

"In short words, Its a complete redesign of the Crypto coin as we know it today and will make BTC , Darkcoin, Blackcoin or BTCDark look like windows 3.1."

that is a bald statement

I know and its the freaking awesome community here that is the result of this.... God job everyone !

[TrollByFire]

"In short words, Its a complete redesign of the Crypto coin as we know it today and will make BTC , Darkcoin, Blackcoin or BTCDark look like windows 3.1."

that is a bald statement

I know and its the freaking awesome community here that is the result of this.... God job everyone !

I don't know that I'd go quite that far. It is a complete redesign, sure.  It has a lot of advantages in its  design, but it is still a blockchain-based currency.  What's groundbreaking about it is the ease of implementing new features due to its improved architecture.

I'm working on the whitepaper, but I can promise you, it reads more like a software design doc than an traditional whitepaper,because essentially, that's what it is.

ETA: When it's done.  Sorry, that's the best I can give.  I don't like to hype things like this.  Gives too much opportunity for a pre-release pump.  Also, I prefer the merits of my work to be based on the code, not how many shiny baubles I promise to investors.

[Angora]

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into  crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance.  I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin.   Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.

[sgwayne]

I know the Dev wanted someone to take the red logo and and work off that, but I took both the red and the blue logo and worked with both. I posted them in the logo section here.
https://bitcointalk.org/index.php?topic=781305.new#new

[xX_otto_Xx]

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into  crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance.  I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin.   Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.

If you will read back a few pages it will explain to you why we need to reduce block rewards.

[Angora]

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into  crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance.  I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin.   Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.


can someone explain to him, why we need to slow down the block rewards hate to run off a newbie. but if the coin get mined, then it will have slow very slow transaction, plus the big miner will keep flooding the market and so on, im sure someone else can explain it to u better. As for myself I didnt mine the coin. I bought with BTC, and the value has dropped, so im in this for the long term. and please dont take this as no offense if im wording it wrong, Im not trying to be mean or rude. but if the coin get all mined up very fast, there wont be no work for the transaction speed.

No offense is taken.

As I said I do understand as to why there is a desire to slow the block reward down.     
I'm sticking with this coin for the long haul and do plan on purchasing more mining equipment as I can afford to do so.

I am hearing that the LTCD Dev team have plans for some type of reward incentive to hang onto coins.
Can we get that feature in place prior to reducing the block reward?

[darylluke]

Our coin is under HEAVY accumulation for over a week. It is truly just a matter of time when those bots holding DOWN prices get blown away and we move steadily & strongly to the upside. But, always remember this, when it moves up sharply, expect them to reverse fast to downside to try to shake loose coins out of WEAK HANDS which panic sell. DON'T fall for that. HOLD.

**This coins should be over 5,000 right know! It is being artificially manipulated to stay low right now, so they can accumulate for the BIG PUSH which inevitably will come.  

~darylluke.

[xX_otto_Xx]

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into  crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance.  I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin.   Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.


can someone explain to him, why we need to slow down the block rewards hate to run off a newbie. but if the coin get mined, then it will have slow very slow transaction, plus the big miner will keep flooding the market and so on, im sure someone else can explain it to u better. As for myself I didnt mine the coin. I bought with BTC, and the value has dropped, so im in this for the long term. and please dont take this as no offense if im wording it wrong, Im not trying to be mean or rude. but if the coin get all mined up very fast, there wont be no work for the transaction speed.

No offense is taken.

As I said I do understand as to why there is a desire to slow the block reward down.     
I'm sticking with this coin for the long haul and do plan on purchasing more mining equipment as I can afford to do so.

I am hearing that the LTCD Dev team have plans for some type of reward incentive to hang onto coins.
Can we get that feature in place prior to reducing the block reward?

Yes the Dev is working on alot of great features for this coin. And it going to be the 2nd gen of crypto. but its taken a lil time to resign and rewrite, I believe there trying to get more devs on board. The feature will be coming out in phases. The rest of us are just trying to gather as many coins as we can. lol.
All I can said is get them while there cheap and hang on to them.

[voodoo1967]

yeah the greedy bots are hurting the coin big time keeping volume way down and price. If they were smart they would get the price up lol they don't realize what they have ha ha .

[xX_otto_Xx]

yeah the greedy bots are hurting the coin big time keeping volume way down and price. If they were smart they would get the price up lol they don't realize what they have ha ha .

I know bro, at these prices I mine with a sha256 and dump them coins and buy more LTCD, Im addict lol

[bpool]

LTCD QQ Group 96569028
Added to the post home thanks~~~
匿名莱特币中国QQ群96569028
请添加到首页，谢谢。。。

[Frogman]

If we keep mining the way it is and it finishes quickly to 82million, from there, wont the price go up pretty fast?

[Xircom]

I know the Dev wanted someone to take the red logo and and work off that, but I took both the red and the blue logo and worked with both. I posted them in the logo section here.
https://bitcointalk.org/index.php?topic=781305.new#new

Nice work with your new logos. They look good :-)

[BitCoin Operated Boy]

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into  crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance.  I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin.   Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.


can someone explain to him, why we need to slow down the block rewards hate to run off a newbie. but if the coin get mined, then it will have slow very slow transaction, plus the big miner will keep flooding the market and so on, im sure someone else can explain it to u better. As for myself I didnt mine the coin. I bought with BTC, and the value has dropped, so im in this for the long term. and please dont take this as no offense if im wording it wrong, Im not trying to be mean or rude. but if the coin get all mined up very fast, there wont be no work for the transaction speed.

No offense is taken.

As I said I do understand as to why there is a desire to slow the block reward down.     
I'm sticking with this coin for the long haul and do plan on purchasing more mining equipment as I can afford to do so.

I am hearing that the LTCD Dev team have plans for some type of reward incentive to hang onto coins.
Can we get that feature in place prior to reducing the block reward?

Yes the Dev is working on alot of great features for this coin. And it going to be the 2nd gen of crypto. but its taken a lil time to resign and rewrite, I believe there trying to get more devs on board. The feature will be coming out in phases. The rest of us are just trying to gather as many coins as we can. lol.
All I can said is get them while there cheap and hang on to them.

Yes, and we shouldn't forget they they do it in free time. They also have other important things to do in every day life like their jobs and maybe families.
We need to be a bit more patient and give them more credit.

[vicvelcro]

Most likely, NO.

If it gets mined out in the near future, miners will likely lose interest and many will point their rigs elsewhere which would slow transactions down noticably.

If a time comes when LTCD transfers begin to take as long as BTC (10 minutes to many hours), less trading will probably take place influencing less people to be interested in the coin. The value/price of a coin is based more on how interested people are than any other single factor. Also, if transaction speed drops and people wander off elsewhere, the potential for attracting businesses to use the coin for accepting payments will be greatly reduced. It is important to attract business. A coin that can only be traded back and forth or used for web-tipping will eventually stagnate. A coin that can be spent to buy electronic gadgets, coffee, crafting supplies, gasoline, groceries, etc ... becomes a negotiable instrument with real-world use for bartering into and out of tangible goods.

If we keep mining the way it is and it finishes quickly to 82million, from there, wont the price go up pretty fast?