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

[Martin958]

Expense paid out

285c6b14e2c82d68ea49bb9eb009866ee774c2cc11f7a26fe6c20ea38f04ced3
First Payment for Coding - job ltcd-12-04-2014-01
0.5 BTC

Well done on a responsible job done professionally.

If only the previous Dev did things like this. Speaking of which has LitecoinDark revealed his pre-mine spendings yet?

There is no need to talk bad or assume something bad was going on back then.
I dont think that LitecoinDark(FDev) Sold out the 80% and then "ran".

And even if he did.. I dont blame him nor am I mad. He invested more than 20 BTC into this project and sadly had to leave it.
We are lucky and greatfull that a new team has stepped up and great things are about to happen.

Lets focus on the future and not talk about the past

 

Try to read my post. I want to know what he has already used the pre-mine for so we can focus on what else needs to be done!

Although now you bring it up - "even if he did" sell 80% and ran as you say, I would be very annoyed. No-one has the right to do that just because they invested 20 BTC!!

That's his investment to make and no-one else should pay for it, especially when other people invested their own money on the promise of pre-mine funded development.

Having said that, LitecoinDark may have simply used the 80% for that purpose (development only). He is just very poor at coming forward with a list of things spent on which doesn't help people understand. Perhaps he has informed the new Devs already on that spending, and we just need to be told.

Some people are better to communicate then others.
I dont think that he ran.
And I think that the money was used for Dev purpases. Troll was a payed Dev.. What I know of.

So it might have been used for that.. And then we have rewards for the contests, webhosting, domain name and maybe other things.
And yes, it was a choice to invest 20 BTC into this.. Not something that was required of him.

But as I said, lets talk about the future instead of the past.. I might have misunderstood some of what you wrote, so I apologize for that.

Nevermind, that was a nice answer. I remember there were bounties for the video and other prizes, and I had no idea Troll was a paid coder which would explain it all.

Some confirmation would be nice though. I would be surprised if he ran off with anything myself, but I hate to be fooled.

As a change of topic back to the positive what did you think of my latest name change?

[1715027703]

1715027703

[1715027703]

1715027703

[vicvelcro]

-*note*- /some content has been omitted from this quote/ .vic

I dont think ... My personal opinion is that ... But ... Trollbyfire ...  Someone said... If so than I am obviously wrong but I dont think anyone... This means NOTHING now since there are new devs, but lets not be ignorant here.

I think a post like this does not belong here..

It has been spoken about, and we have had some speculation..

I think that you should delete it.

I don't want to delete the entire post you are referring to at this time. I would prefer if travis were to edit it himself and state his opinion more mildly.

I do prefer to look forward and put speculation behind us. For this reason, I will currently continue to avoid addressing a particular subject due to my belief that it has no meaningful relevance at this time.

@travis,

please consider making an edit to your post, otherwise I am inclined to delete it (nothing personal against you).

@Hamuki,

please take a look at how I structured the comment I was quoting. If you would, please go back to your post and adjust the quote similar to how I did it. Otherwise, I would have to delete your post, if I end up deleting travis's post.

[Martin958]

Ehhm, name change?

Sorry, I dont remember your last name.. Its been some time ago since I was really active here.. Im just getting back in again now that I have time to read and write here.
Was was your former name?

I was referring to the new name for the coin. I came up with RIPS (Rapid Internet Payment System) or Rip Speed as a trade name.

[Martin958]

Ehhm, name change?

Sorry, I dont remember your last name.. Its been some time ago since I was really active here.. Im just getting back in again now that I have time to read and write here.
Was was your former name?

I was referring to the new name for the coin. I came up with RIPS (Rapid Internet Payment System) or Rip Speed as a trade name.

Not sure..
It sounds good and everything.. But it sounds like a Fiat Currency company. (Paypal, Moneybookers)

Wouldn't that be a break in the right direction considering there are 100's of non-descript coins out there now?

I think we need to aim for regular commercial use to keep the coin alive. Price trading alone will never work.

[Martin958]

Ehhm, name change?

Sorry, I dont remember your last name.. Its been some time ago since I was really active here.. Im just getting back in again now that I have time to read and write here.
Was was your former name?

I was referring to the new name for the coin. I came up with RIPS (Rapid Internet Payment System) or Rip Speed as a trade name.

Not sure..
It sounds good and everything.. But it sounds like a Fiat Currency company. (Paypal, Moneybookers)

Wouldn't that be a break in the right direction considering there are 100's of non-descript coins out there now?

I think we need to aim for regular commercial use to keep the coin alive. Price trading alone will never work.

Well, aiming for regular use in stores would require ALOT..

Stores would never accept a currency that can change price as fast as Crypto currency can.
There is a need for a service so when I pay you 20$ in LTCD.. Then you get 20$ Fiat.
There is a need for someone to buy it instanly.

Well aiming at stores is a bit pie in the sky.

I was thinking about taking the gambling market by storm where they would be happy to speculate on a moveable crypto currency price. (If they choose to convert their winnings into LTCD, RIPS or whatever).

[Crestington]

Simply put, I don't want the mutherfuckin NSA knowing what I give my granny for christmas. Sure, no harm, but shit man it is none of their damned business.

You might not care. I do.

Their computing power is way better at penetrating any anonymity, if they really want to do so. The computers we use to encrypt are puny in comparison. The primary issue is - don't look suspicious and we reduce their level of curiousity. Paint "Free Candy" on the side of a church bus, and it just looks bad and people WILL look.

"DARK" is a keyword that triggers the NSA automated system to increase the scrutiny of the contents of transactions. You can thank Silk Road and Silk Road 2 for that.

If we don't look like trouble, we stand a better chance of being ignored.

That is so true, I don't really want the NSA poking around in the granny's underwear drawer either, what about the name "CandyCoin" then, it has a nice ring to it.

You could give out free candy to everyone! and you could name the units snickerdoodles, or gobsmackers, or gummiworms

[vicvelcro]

Or we could change the name to SeriousButInnocent coin, and set the joking aside.

[Martin958]

With the current block chain technology how quickly could a prospective gambler receive payment in LTCD and then use it immediately after on another game or bet?

Bearing in mind converting the cash win into LTCD first then sending it to their gambling wallet, and then converting back into casino chips or whatever.

[Martin958]

With the current block chain technology how quickly could a prospective gambler receive payment in LTCD and then use it immediately after on another game or bet?

Bearing in mind converting the cash win into LTCD first then sending it to their gambling wallet, and then converting back into casino chips or whatever.

Transaction time is fast

What unique feature can be built into the LTCD code to make it better, faster, and more useable than any other coin?

[mamamae]

swift tech is as fast as it can but there are other option for fast and instant payment
to be used in LTCD as zero tech
is being developed by gnosis for ano

[Martin958]

swift tech is as fast as it can but there are other option for fast and instant payment
to be used in LTCD as zero tech
is being developed by gnosis for ano

Does anyone else think this is a good direction to go into? What other features might be added that makes our coin desirable to use, not just trade?

[mamamae]

i think adding a trading app in the wallet would be the best option
for now , and after can be made use of LTCD making an increase
value from any kind of apps .
i mean if you have 1000 LTCd in the wallet you can use programs
made only for LTCD this is a real use and storing value, like startcoin is doing ,
they make their coin value 3000 sat with the project www.startjoin.com
and i think LTCD the project can be made more known throught their platform
it's free and can make big donation for the LTCD project effortlessly.

[TrollByFire]

Strictly opinion here, but even though I am no longer a part of the dev team, I'd still like to consider myself a part of the community.

I don't believe adding extraneous features (bloat) to the core client (wallet) is going to add any real value to the coin or the codebase in the long run.  I'm still of the opinion that an application should do one thing and do it well instead of cramming a thousand plus features that become nearly impossible to maintain.  I feel that if trading is integrated, it should be done as a feature of the platform and not specifically the wallet.

This is something that could (and probably should) be implemented as a module.  In my less-than-humble opinion, the main problem with the software as it is now is that it tries to do too much and is very disorganized in its structure and control flow (not inherently LTCD's fault, this is an artifact of bitcoin core).  

Essentially my opinion can be summed up by this metaphor: before you build a new room, you should first clean the rest of the house.  You'd be surprised how much space you already have.

[aleckloss]

Wallets are now live on the website!!!!

I've made some changes as well.

[mdtspain]

Hi,

If you guys need a MAC wallet to be compiled, then just send me an PM...I will compile it.

[Martin958]

Hi,

If you guys need a MAC wallet to be compiled, then just send me an PM...I will compile it.

That sounds very helpful. I hope Vic Velcro catches your message here later on.

[vicvelcro]

If you are referring to me or to aleckloss - we have agreed to avoid posting anything that is not definite or is not complete. We will not commit to any exact deadline announcements because sometimes things don't go as planned.

We will make announcements when we HAVE IN HAND something to announce.

I'm pretty sure you'd rather hear about what has BEEN DONE when it IS DONE than hear plans or promises that might get delayed due to unforeseen circumstances not within our control.

Troll is a community member. Any information he HAD before would only relate to the prior team and are therefore HISTORY. Nothing would apply to current LTCD or the current team.

...as some other people are also vague on this.

[Martin958]

We will make announcements when we HAVE IN HAND something to announce.

...as some other people are also vague on this.

Yep, agree. I'll take a backseat for a while as I think I'm over-doing it here and not really helping much. Time to watch what other people can bring.

[vicvelcro]

It doesn't look like you will have to wait much longer to get a small breath of fresh air. I've been scarce for the past couple of days, and there's a reason for it.

We will make announcements when we HAVE IN HAND something to announce.

...as some other people are also vague on this.

Yep, agree. I'll take a backseat for a while as I think I'm over-doing it here and not really helping much. Time to watch what other people can bring.

[q327K091]

nice "lift" there on the exchange Today, and thanks for picking this up and keep on going

I know it is an old news but Block Reward at 0.5 is just awesome, did not follow what happened, a bit strange if you ask me for I thought team back then was going really strong (skilled in C++ and enthusiastic) but such is life.. will revisit later, holdings are untouched