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

[voodoo1967]

hockey tonite boys and girls nice 

Go Canucks Go!

on the west coast are we lol Ontario here lol Leafs Ottawa and Montreal who to cheer for lol

[KMN]

LTCD IS A BLUE CHIP COIN 

[bitwarrior]

basically halving involves miners getting only half the coins they used to get per block. with less "new" coins available the price per coin is expected to rise quite a bit as fewer new coins are added.

with this coin that is topped more because of the major release scheduled for the 18th which is HUGE.

Can you tell us more about this "HUGE" release you were referring to? Is this has been shared by the coin dev?
If the coin has a good demand and it is being used and adopted on the market, it will likely increased its value once the number of rewards per block has been reduced.
There is a great balance about rewards and getting the value of that  for the miners, or they will just move on to the next coin.
But if the demand is only based on speculation and hype and nothing more that can substantiate it, well this coin is on a life support already and whats keeping it alive is what can be seen right now.

[Nthused]

I PM'd the Dev about the next update & he said it will be released very soon (as it's currently being built) along with Linux & Mac QT's

[GailSan]

Thanks to those who answered my question about halving 
I have picked up some of the coins and now I will hold and see how
it goes until the 18th.

[chicken65]

basically halving involves miners getting only half the coins they used to get per block. with less "new" coins available the price per coin is expected to rise quite a bit as fewer new coins are added.

with this coin that is topped more because of the major release scheduled for the 18th which is HUGE.

Can you tell us more about this "HUGE" release you were referring to? Is this has been shared by the coin dev?
If the coin has a good demand and it is being used and adopted on the market, it will likely increased its value once the number of rewards per block has been reduced.
There is a great balance about rewards and getting the value of that  for the miners, or they will just move on to the next coin.
But if the demand is only based on speculation and hype and nothing more that can substantiate it, well this coin is on a life support already and whats keeping it alive is what can be seen right now.

+1
Although I can see the coin rising to 20 today

[darylluke]

basically halving involves miners getting only half the coins they used to get per block. with less "new" coins available the price per coin is expected to rise quite a bit as fewer new coins are added.

with this coin that is topped more because of the major release scheduled for the 18th which is HUGE.

Can you tell us more about this "HUGE" release you were referring to? Is this has been shared by the coin dev?
If the coin has a good demand and it is being used and adopted on the market, it will likely increased its value once the number of rewards per block has been reduced.
There is a great balance about rewards and getting the value of that  for the miners, or they will just move on to the next coin.
But if the demand is only based on speculation and hype and nothing more that can substantiate it, well this coin is on a life support already and whats keeping it alive is what can be seen right now.

+1
Although I can see the coin rising to 20 today

Do you mean 2000? Why today?thnx.

[voodoo1967]

the next news we get  could very well increase the price so sit tight and don't sell cheap. I don't know what it is but iam just saying we should hear something soon I would think from the devs. It is the weekend though so iam just sitting and holding on lol   

[chicken65]

basically halving involves miners getting only half the coins they used to get per block. with less "new" coins available the price per coin is expected to rise quite a bit as fewer new coins are added.

with this coin that is topped more because of the major release scheduled for the 18th which is HUGE.

Can you tell us more about this "HUGE" release you were referring to? Is this has been shared by the coin dev?
If the coin has a good demand and it is being used and adopted on the market, it will likely increased its value once the number of rewards per block has been reduced.
There is a great balance about rewards and getting the value of that  for the miners, or they will just move on to the next coin.
But if the demand is only based on speculation and hype and nothing more that can substantiate it, well this coin is on a life support already and whats keeping it alive is what can be seen right now.

+1
Although I can see the coin rising to 20 today

Do you mean 2000? Why today?thnx.

Yes.
Not sure about that 20 today now though.
For a moment it looked like price was going up and now I get the feeling someone,
or a group is dumping. But I always feel like that when i look at this coin.

[voodoo1967]

no big dumps at all plus the buys out pace the sells lol demand for the coin is strong.

[darylluke]

no big dumps at all plus the buys out pace the sells lol demand for the coin is strong.

  +1

[Nthused]

PoS % also would be great for this coin, giving me incentive !

[TrollByFire]

Ok, after informing the team of my status and waiting an additional 24 hours, I've got a slight status update to release to you all re: 1.2.2 update / hard fork.  

After running numerous tests, we basically have 3 options to make this fork happen that have succeeded in every single test run I've done.  I have 3 separate builds of the wallet with which I've been testing, all of which are release-ready as of about 3 hours ago, each one implementing a different technique for making this reward drop a reality.  I've also been brainstorming some additional ideas with which to extend the longevity of the mining period and after this fork is complete I'll be speaking with the team about it and we will likely hold another poll to see how the community feels about these changes.

We are slightly (a couple of days) behind schedule now due to some unforeseen issues that came up during the testing/debugging period, but I'm happy to report that we're back on track, and as soon as I have had the chance to meet with the rest of the team, we're ready to release the 1.2.2 wallet.

This wallet will be a mandatory update in any case as it will implement a new hard fork of the blockchain (this was unavoidable), however, which method we're planning to use to deploy said update is still up for team discussion.  This prevents me from releasing any information on the specifics for the time being.

Also, I've been looking at a target block window of ~96 hours (still a bit short for my tastes) for the hard fork block target.  I'd like to get some community input before I set a hard target block.  How long do you all feel is a sufficient period to allow for exchanges and pools to update?

Let me know either here or via PM, and I'll discuss your feedback with the rest of the team ASAP.

Apologies for taking so long, I just needed to be 100% ready before deploying such an important update.

Full changelog will be included with the wallet for anyone who "has to know" what's new immediately.

All of that said, it is currently 4:58 am here in US/Eastern, and I'm exhausted.  This release will happen some time after I've had a bit of rest to prepare for the chaos that is sure to ensue.

[darylluke]

TrollByFire,

Does this "...technique for making this reward drop a reality." refer to dropping rewards to ~24 coins?

Thanks for all your hard work and dilligence!!

~darylluke.

[Viper1]

Also, I've been looking at a target block window of ~96 hours (still a bit short for my tastes) for the hard fork block target.

I was going to say at least 3 days from release but 4 is probably better. Need enough time in case exchanges/pools run into some unforseen issue with compiling, or something else rears it's ugly head when it's in actual use and thus requires canceling the hard fork ahead of time. So yeah, I have no problem with at least 4 days and wouldn't complain if it was even 5 or 6.

[darylluke]

I vote for 48 hours, which would be plenty of time.

~darylluke.

[bpool]

Ok, after informing the team of my status and waiting an additional 24 hours, I've got a slight status update to release to you all re: 1.2.2 update / hard fork.  

After running numerous tests, we basically have 3 options to make this fork happen that have succeeded in every single test run I've done.  I have 3 separate builds of the wallet with which I've been testing, all of which are release-ready as of about 3 hours ago, each one implementing a different technique for making this reward drop a reality.  I've also been brainstorming some additional ideas with which to extend the longevity of the mining period and after this fork is complete I'll be speaking with the team about it and we will likely hold another poll to see how the community feels about these changes.

We are slightly (a couple of days) behind schedule now due to some unforeseen issues that came up during the testing/debugging period, but I'm happy to report that we're back on track, and as soon as I have had the chance to meet with the rest of the team, we're ready to release the 1.2.2 wallet.

This wallet will be a mandatory update in any case as it will implement a new hard fork of the blockchain (this was unavoidable), however, which method we're planning to use to deploy said update is still up for team discussion.  This prevents me from releasing any information on the specifics for the time being.

Also, I've been looking at a target block window of ~96 hours (still a bit short for my tastes) for the hard fork block target.  I'd like to get some community input before I set a hard target block.  How long do you all feel is a sufficient period to allow for exchanges and pools to update?

Let me know either here or via PM, and I'll discuss your feedback with the rest of the team ASAP.

Apologies for taking so long, I just needed to be 100% ready before deploying such an important update.

Full changelog will be included with the wallet for anyone who "has to know" what's new immediately.

All of that said, it is currently 4:58 am here in US/Eastern, and I'm exhausted.  This release will happen some time after I've had a bit of rest to prepare for the chaos that is sure to ensue.

We are very grateful for your tireless efforts.

[timmyd]

4 days does sound ok. plenty of time to notify everybody.

[darylluke]

How long until the Linux wallet is ready? thnx.

EDIT: How long until "2GEN Whitepaper" is done?

~darylluke.

[vicvelcro]

I think 4 days minimum or 7 days maximum, for the fork. That should be enough time for exchanges to deal with.