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

[EcoChavCrypto]

I just built a 64Bit Litecoindark QT v1.1.2.13 for Linux from source, tested an incoming and out going transaction and it all seems to be working fine.  I am just in the middle of building a 32Bit version.  Devs, drop me a PM so I can send them to you for testing.  Someone else will have to test the 32Bit QT on a 32Bit machine. 

[zugvogel21]

can someone please fill me in.

Is the reward dropping to 200 or to 32 tonight??? I am little bit confused as I thought today was the big day at last!!!!

Kind regards

[zugvogel21]

Okay guys its out...
Be ready for the rush time   

What's out?!?!? I'm so confused!!!!

Yeah whats out!!!!!!!!!

[bitwarrior]

Okay guys its out...
Be ready for the rush time   

What's out?!?!? I'm so confused!!!!

Yeah whats out!!!!!!!!!

Xircom.

See? Many don't know what you refer to. Kindly clarify. It is just a very confusing post. Clarity, please? thnx.

~darylluke.

Do not try to confuse yourself, its plainly that the reward will be reduced to 200 coins per block. They have repeated it several times that there is no forking for a more reduced number of coins yet. So within 24 hours we might see the halving to 200.
Thats all.

[TrollByFire]

This confusion has got to stop.  I'm not sure where the fault lies, but I can clearly state this, as I have already stated.

LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

Forgive my frustration, but I have absolutely no idea where or why anyone has given any information stating that the fork would happen before 1.2.2 is released.  Everything I've been reading has been wild speculation.    1.2.2 is functionally finished and ready, but before I release anything I run tests, both unit tests, as well as functional tests.  I run various simulations with various sets of hashing power and cannot verify my test results until blocks are mined on a private main and testnet (different genesis block as I am not able to test effectively on LTCD's blockchain).  This is how I'm able to ensure that something runs smoothly before an update is released.

That said, running said simulations takes time.  The coin's parameters don't change just because I'm running a contained test.  To ensure my test results are valid, I have to test at specific difficulties with my own limited hashing capabilities.  I've had to rent hashrate multiple times in order to test and deploy these changes, and have spent over 0.5BTC in total out of pocket trying to make this happen.

If everyone could please calm down.  I'll get it out when I can get it out.

A big thanks to those of you who have been reading and try to help those who have not or have not understood what they've read.

[Hamuki]

This confusion has got to stop.  I'm not sure where the fault lies, but I can clearly state this, as I have already stated.

LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

Forgive my frustration, but I have absolutely no idea where or why anyone has given any information stating that the fork would happen before 1.2.2 is released.  Everything I've been reading has been wild speculation.    1.2.2 is functionally finished and ready, but before I release anything I run tests, both unit tests, as well as functional tests.  I run various simulations with various sets of hashing power and cannot verify my test results until blocks are mined on a private main and testnet (different genesis block as I am not able to test effectively on LTCD's blockchain).  This is how I'm able to ensure that something runs smoothly before an update is released.

That said, running said simulations takes time.  The coin's parameters don't change just because I'm running a contained test.  To ensure my test results are valid, I have to test at specific difficulties with my own limited hashing capabilities.  I've had to rent hashrate multiple times in order to test and deploy these changes, and have spent over 0.5BTC in total out of pocket trying to make this happen.

If everyone could please calm down.  I'll get it out when I can get it out.

A big thanks to those of you who have been reading and try to help those who have not or have not understood what they've read.

Hey

Good to see the explanation.. I hope others read it.. I think that we need a new info thread about all the Announcements.
It has been said before, but it needs to be said again.

If you need help doing it. Like if you or the 2 others does not have the time, then I am ready to help out in anyway needed

Just let me know

~Hamuki

[zugvogel21]

This confusion has got to stop.  I'm not sure where the fault lies, but I can clearly state this, as I have already stated.

LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

Forgive my frustration, but I have absolutely no idea where or why anyone has given any information stating that the fork would happen before 1.2.2 is released.  Everything I've been reading has been wild speculation.    1.2.2 is functionally finished and ready, but before I release anything I run tests, both unit tests, as well as functional tests.  I run various simulations with various sets of hashing power and cannot verify my test results until blocks are mined on a private main and testnet (different genesis block as I am not able to test effectively on LTCD's blockchain).  This is how I'm able to ensure that something runs smoothly before an update is released.

That said, running said simulations takes time.  The coin's parameters don't change just because I'm running a contained test.  To ensure my test results are valid, I have to test at specific difficulties with my own limited hashing capabilities.  I've had to rent hashrate multiple times in order to test and deploy these changes, and have spent over 0.5BTC in total out of pocket trying to make this happen.

If everyone could please calm down.  I'll get it out when I can get it out.

A big thanks to those of you who have been reading and try to help those who have not or have not understood what they've read.

Awesome this is Great news and nice to read this from you. Thanks for your reply.

I have been around this for some while but work ridiculous hours and don't always have time to scour the thread because 6 hours sleep per night is valuable.

Keep calm your doing a great job and I wish you the best of luck with the coming tests and updates.

Its nice to see lots of familiar names still in the LTCD forum.

 

[Viper1]

can someone please fill me in.

Is the reward dropping to 200 or to 32 tonight??? I am little bit confused as I thought today was the big day at last!!!!

Kind regards

It is positively 200. Looks like we still have ~1000 blocks to go. So, looks like tomorrow. I asked for somebody to confirm my math, but nobody replied. I did my best. ~darylluke.

It's not possible to calculate an exact time.  In an ideal world, with 1 minute block times, that's 1440 every 24 hours.  However, due to variations in hash rate and/or difficulty, the actual block times can vary sometimes going several minutes for a new block and at other times you can get a couple in a minute.  Maybe if you averaged blocks over several hours you could get a closer time frame but even then, there could be a sudden rise or decrease in hash rate and thus difficulty that would then throw out those numbers.

[TrollByFire]

It's not possible to calculate an exact time.  In an ideal world, with 1 minute block times, that's 1440 every 24 hours.  However, due to variations in hash rate and/or difficulty, the actual block times can vary sometimes going several minutes for a new block and at other times you can get a couple in a minute.  Maybe if you averaged blocks over several hours you could get a closer time frame but even then, there could be a sudden rise or decrease in hash rate and thus difficulty that would then throw out those numbers.

This is also why 1.2.2 isn't out yet.  I'm waiting on blocks, the same as everyone else.  Thanks for helping to clarify this.

[gielbier]

* gielbier just shrugs, and keeps miners mining. 

[Hamuki]

Something that I as a problem is that if we look on the rich list..

More than 90% is hold by 100 people..

We need that number to go from 90% to atleast 50%.

Its not easy.. But I think its something that we might need to do.

[Nthused]

Following to see what happens in the near future !

[BitCoin Operated Boy]

We just have to make sure that all exchanges get message about new wallet update, on time.

[kingscrown]

wow this may kick the price

[bookworm]

Something that I as a problem is that if we look on the rich list..

More than 90% is hold by 100 people..

We need that number to go from 90% to atleast 50%.

Its not easy.. But I think its something that we might need to do.

That will, most likely, happen as the price rises. Profit taking shakes some coins loose.

[KMN]

Something that I as a problem is that if we look on the rich list..

More than 90% is hold by 100 people..

We need that number to go from 90% to atleast 50%.

Its not easy.. But I think its something that we might need to do.

That will, most likely, happen as the price rises. Profit taking shake some coins loose.

Bittrex address  20%   ..so...

[bitwarrior]

Hi Coindevs.. any truth to this?

https://twitter.com/AltcoinAlerts/status/520798152790515712

btw only 637 blocks left before halving.

[voodoo1967]

Don't let this happen to us read this on what happens when trolls from other coins come to your forum and try to get the attention off of your coin.

The Stealthcoin price decline is a classic case of community FUD (fear, uncertainty, doubt) caused by investors with shaky hands and coin rivalries. Despite frequent developer protests, many altcoin holders spam the threads for other altcoins to try to disparage the coins and increase the standing of their own coin (and by extension their own investments). The current feud primarily involves ShadowCash trolls, another privacy-centric altcoin competing for the same investors as Stealthcoin (ShadowCash developer Rynomster has admonished the trolls for their actions). At present, the Stealthcoin thread on BitcoinTalk is in chaos. Only time will tell if investors double down on their Stealthcoin investments or jump ship for another coin.

Stealth coin has dropped 37 percent cause of this crap. Not that I own this coin just want to point out what happens in this forum at times is no doubt this sort of thing trying to start. Not in our house! 

[Viper1]

Hi Coindevs.. any truth to this?

https://twitter.com/AltcoinAlerts/status/520798152790515712

I wouldn't trust anything from a P&D twitter account.

However, here's what we do know for "fact"

LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

This is also why 1.2.2 isn't out yet.  I'm waiting on blocks, the same as everyone else.  Thanks for helping to clarify this.

[voodoo1967]

Don't let this happen to us read this on what happens when trolls from other coins come to your forum and try to get the attention off of your coin.

The Stealthcoin price decline is a classic case of community FUD (fear, uncertainty, doubt) caused by investors with shaky hands and coin rivalries. Despite frequent developer protests, many altcoin holders spam the threads for other altcoins to try to disparage the coins and increase the standing of their own coin (and by extension their own investments). The current feud primarily involves ShadowCash trolls, another privacy-centric altcoin competing for the same investors as Stealthcoin (ShadowCash developer Rynomster has admonished the trolls for their actions). At present, the Stealthcoin thread on BitcoinTalk is in chaos. Only time will tell if investors double down on their Stealthcoin investments or jump ship for another coin.

Stealth coin has dropped 37 percent cause of this crap. Not that I own this coin just want to point out what happens in this forum at times is no doubt this sort of thing trying to start. Not in our house! 

I read this article at cryptocoinsnews.com  just wanted to share this article that's all.