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Topic: [2016-09-23] Litecoin Core Development Update (Read 2631 times)

legendary
Activity: 1876
Merit: 1000
October 04, 2016, 04:43:03 AM
#48
Please remember:

Confidential Transactions are optional...

...not to be used by the general user, on the other hand, an advanced user might.

which then defeats the whole doing it for fungibility argument  Roll Eyes

What? No it doesnt.....

sorry i would have thought that is pretty straight up obvious, do you really need an explanation?
sr. member
Activity: 335
Merit: 250
Please remember:

Confidential Transactions are optional...

...not to be used by the general user, on the other hand, an advanced user might.

which then defeats the whole doing it for fungibility argument  Roll Eyes

What? No it doesnt.....
legendary
Activity: 1876
Merit: 1000
Please remember:

Confidential Transactions are optional...

...not to be used by the general user, on the other hand, an advanced user might.

which then defeats the whole doing it for fungibility argument  Roll Eyes
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 27, 2016, 01:48:30 AM
#45
Where were you the last 3 years while i have been posting here ?

I was here trying to build something (and I still am), instead acting like PhD in Cryptocurrencies. Actions speaks louder than words.

Off topic question here. What were you trying to build? One of the posts I read from you is that you said you are not a coder. So I am asking you, as a non-coder what did you build and are now trying to build?

FailCommunity. Some (anonymous) guy launched FailCoin back in March 2014 because of the 10s of scams which were going on. Then he left the "project" 2 weeks after that. I (and few other guys) saw it different. That's it.
legendary
Activity: 2926
Merit: 1440
September 26, 2016, 11:05:45 PM
#44
Where were you the last 3 years while i have been posting here ?

I was here trying to build something (and I still am), instead acting like PhD in Cryptocurrencies. Actions speaks louder than words.

Off topic question here. What were you trying to build? One of the posts I read from you is that you said you are not a coder. So I am asking you, as a non-coder what did you build and are now trying to build?
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 26, 2016, 10:03:45 AM
#43
Where were you the last 3 years while i have been posting here ?

I was here trying to build something (and I still am), instead acting like PhD in Cryptocurrencies. Actions speaks louder than words.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 26, 2016, 09:13:00 AM
#42
It was about your obscene commentary that is repeated here like a broken record about Doge.
YOU SAID IT so don't whine when people respond.. calling bullshit.

The Doge heyday and popularity is long gone.
Yet my point for ages has been you all refuse to acknowledge this fact.
You simply press on with the same stupid bullshit comments.

I hear the same exact word for word comments i do NOW as i did back when it was popular.
Problem is the dev said he left the damn coin because the "community" failed to support the project
AFTER i said it was already happening long before he admitted it publicly.

I am the crazy one ?

Which is the one in denial posting blatant bullshit ?

I see real communities and trend hopping opportunistic profiteers..
Don't confuse the two groups Spartak.

I am aware of some of the "value added" antics pushed by Doge kids too.
Such as the utterly pointless $45,000.00 1 single race NASCAR paint job.
WHY was that done ?
It was done to stir up a frenzy in the Altcoin world nothing more.
It hearkens back to the early days around here of devs trying to concoct schemes to make their coin stand out.

Many cooked up value added services etc for their 400th clone of LTC etc.
I watched them all do it one after another scheme after scheme.. where have you been Spartak ?
Remember me pointing out how you showed up here some months back ?
Where were you the last 3 years while i have been posting here ?

History Spartak.. and grasping it ..not bullshitting about it.

Smooth was here all along with me.. and his comment is on the money i'd say.

I don't care about personalities or who likes who or who has the biggest mental problems.. facts are facts !
Who is hitting submit on lies and bullshit all the time ?
Pretty much anyone when the word Doge comes up.. it turns into a load of shitfest right fast !

Doge is LITECOIN with the ICON changed and the configuration botched and butchered to make too many coins.
The dev said he launched it as a "joke" then later he said he left the joke coin because the community failed to support it.
Does that sound like an appealing coin ?
Apparently to you bullshit spinners supporting a failed joke clone coin is a GOOD thing.

Smooth made a damn good point.. i wonder what Doge would look like now if it was not being merge mined.

And you guys really need to stop posting inflammatory little defense speech for hated coins around here then expecting people to not reply back.
I don't run around acting like that so look in the mirror.. don't pin that shit on me.

If i can try and bring this rant back on topic then lets look at one of the redeeming qualities of Litecoin.
Community ?
Yeah.. Litecoin has one.. always did.
Doge ? not so much.. mostly opportunistic kids looking to make some chump change profits on it.
Such as the last days of Cryptsy when it was "TRADED" as you guys just brought up.
The fact it was traded means what now ?
Uhhhh....
News Flash: It was the only damn coin you could get off the fucking dying scam exchange.
AKA Profiteer scammy manipulation bullshit.
NOT community Support.

Cut the crap guys.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 26, 2016, 04:45:49 AM
#41
Doge is not mostly dead because it was merge mined to litecoin. Hardly a "community" backing it if it needed litecoin miners to bail it out.

That's of course a valid argument, but my point was that it is still among the most traded coins.

Anyway, let's not dilute this thread since its all about Litecoin and one question remain unanswered: Wouldn't CT cause a negative effect to LTC's speed and blockchain/block size?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 26, 2016, 04:30:37 AM
#40
DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:

I'm skeptical that adding CT will have adverse affects to LTC on a socioeconomic level.

CT is only part of the solution to privacy/anonymity.

Let's face it, the recent effect in anonymous coins is mostly because of hype (or over expectations). I do agree that it would not really affect LTC's price (unless certain groups decide something else). Bad thing is that in the past 2 years cryptocurrencies are restraining from adoption more and more. We have a new "gimmicks race", which probably leads to nowhere.

I do agree that in altcoins there is always has an ongoing "gimmick race" coming from most of them. But there is another way of looking at the situation. Without participating in the gimmicks race and pushing the development team into improving their respective coin projects then they might be left behind by their competitors. I believe if litecoin does nothing then it would be threatened to become a forgotten coin and die slowly. I know litecoin is still in a good position even if they do not participate in the gimmicks race but they might be in a better one if they do.

It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".


Doge is not mostly dead because it was merge mined to litecoin. Hardly a "community" backing it if it needed litecoin miners to bail it out.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 26, 2016, 03:36:26 AM
#39
DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:

I'm skeptical that adding CT will have adverse affects to LTC on a socioeconomic level.

CT is only part of the solution to privacy/anonymity.

Let's face it, the recent effect in anonymous coins is mostly because of hype (or over expectations). I do agree that it would not really affect LTC's price (unless certain groups decide something else). Bad thing is that in the past 2 years cryptocurrencies are restraining from adoption more and more. We have a new "gimmicks race", which probably leads to nowhere.

I do agree that in altcoins there is always has an ongoing "gimmick race" coming from most of them. But there is another way of looking at the situation. Without participating in the gimmicks race and pushing the development team into improving their respective coin projects then they might be left behind by their competitors. I believe if litecoin does nothing then it would be threatened to become a forgotten coin and die slowly. I know litecoin is still in a good position even if they do not participate in the gimmicks race but they might be in a better one if they do.

It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".


That is a lie..

The dev said he is leaving LONG AGO because the community failed to support the coin.

HIS WORDS

And.. i was saying it was happening far before he admitted it and i can prove it.

Almost 2 years ago the price slumped and 95% of it's so called facade of a community bolted.
And still to this day you all lie your fucking ass off about it partying like it's 2013 still.

It never DID have a fucking community !
All it had was temporary short term traders looking to make a buck.
So when the popularity died off then the price started dropping like crazy there was an exodus
and i called it to the day exact day and posted a picture from Cryptsy as proof.
I said it has NOW begun..
And i was right !
After that it just dropped more and more as more & more users left..
and the chatter here went from all Doge topics on page 1 to 0

You are all deceitful bullshiting pigs lying & crying FUD for bucks here 24/7.
..or you are morons (or a vulgar combo of both)

You can't deny what i just fucking said retards.
The god damn fucking dev of the coin said it himself !
He announced he was leaving the project because the COMMUNITY FAILED TO SUPPORT THE COIN

So what do i see over & over like a broken record ?

LIEM OMGZ DOGE HAZ SUCH AGUD COMMUNITY !!!!

bull
mother
fucking
shit
SCAMMY
morons

And the rest of you are spewing retarded garbage galore making excuses.
Who do you think is eating up your stupid drivel ?

"cryptocurrencies does not need gimmicks to succeed" ?

What the fuck part of the Doge Meme is not a gimmick ?
Say more dumb shit guys.. please, it makes my balls tingle LOL

And no gimmicks are bad and Monero came out 2 years ago dumb ass's
So yeah LTC still could have been planning on copying the gimmick long ago.

100% of you are shit talking idiots.
All you do is spew shit and cry FUD for bucks.
making excuses for "bad" non stop.. so it lines your wallets.

Fumble over yourselves to pile on the ANON band wagon idiots i laugh at you
As i did with every other stupid trend that died here before.
I hope the FBI kicks your fucking doors in pricks that would amuse me LOL

Charlie supports Doge ? a scam coin ? ya that is smart LOL
I wonder how much money he made off joining in with the other losers bullshiting about doge ?
A crowd of predators that left kids holding the bag.. still to this day !

I am now quite sure that you suffer from schizophrenia or you are mostly writing your comments while drunk.

1. Last time I used (i.e. mined) DOGE was back in Q1/2015 and that's because of one simple reason: I had scrypt ASICs. I have NEVER traded DOGE. NEVER!
2. Its not your first time attacking me just because you have some schizophrenic thoughts that you KNOW everyone. I once told you that you should either grow up or FUCK OFF, but you conveniently did not answered.
3. Palmer leaving DOGE has nothing to do with community not being supportive. Maybe he saw that the hype was declining and found an excuse to leave the coin, but still that has nothing to do with the support of the community.
4. Like it or not, DOGE is still among the top coins in trade volume (if we exclude the volume of a few coins which are pumped every now and then).



DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:


It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".


But litecoin is not bitcoin. Even if bitcoin lacks certain technologies and features other altcoins and platforms have it was the first cryptocurrency and it may be cliche to say this but it has first mover advantage over the rest. Remember during the early years it was litecoin that started a sort of "gimmicks race" by making confirmation times faster and adding more in the total coin supply. Not even being the faster coin could make it surpass bitcoin. So maybe a new approach is to be taken and take the gimmicks race a step further. With litecoin's current infrastructure I believe it can take Ethereum a run for their money and get back to 2nd place.

Making a coin faster and increase its supply has nothing to do with gimmicks. Gimmicks are wallet design and chat, trade bots etc... things that are mostly creating hype.
legendary
Activity: 2926
Merit: 1440
September 26, 2016, 12:11:12 AM
#38
DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:


It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".


But litecoin is not bitcoin. Even if bitcoin lacks certain technologies and features other altcoins and platforms have it was the first cryptocurrency and it may be cliche to say this but it has first mover advantage over the rest. Remember during the early years it was litecoin that started a sort of "gimmicks race" by making confirmation times faster and adding more in the total coin supply. Not even being the faster coin could make it surpass bitcoin. So maybe a new approach is to be taken and take the gimmicks race a step further. With litecoin's current infrastructure I believe it can take Ethereum a run for their money and get back to 2nd place.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 25, 2016, 01:45:23 PM
#37
DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:

I'm skeptical that adding CT will have adverse affects to LTC on a socioeconomic level.

CT is only part of the solution to privacy/anonymity.

Let's face it, the recent effect in anonymous coins is mostly because of hype (or over expectations). I do agree that it would not really affect LTC's price (unless certain groups decide something else). Bad thing is that in the past 2 years cryptocurrencies are restraining from adoption more and more. We have a new "gimmicks race", which probably leads to nowhere.

I do agree that in altcoins there is always has an ongoing "gimmick race" coming from most of them. But there is another way of looking at the situation. Without participating in the gimmicks race and pushing the development team into improving their respective coin projects then they might be left behind by their competitors. I believe if litecoin does nothing then it would be threatened to become a forgotten coin and die slowly. I know litecoin is still in a good position even if they do not participate in the gimmicks race but they might be in a better one if they do.

It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".


That is a lie..

The dev said he is leaving LONG AGO because the community failed to support the coin.

HIS WORDS

And.. i was saying it was happening far before he admitted it and i can prove it.

Almost 2 years ago the price slumped and 95% of it's so called facade of a community bolted.
And still to this day you all lie your fucking ass off about it partying like it's 2013 still.

It never DID have a fucking community !
All it had was temporary short term traders looking to make a buck.
So when the popularity died off then the price started dropping like crazy there was an exodus
and i called it to the day exact day and posted a picture from Cryptsy as proof.
I said it has NOW begun..
And i was right !
After that it just dropped more and more as more & more users left..
and the chatter here went from all Doge topics on page 1 to 0

You are all deceitful bullshiting pigs lying & crying FUD for bucks here 24/7.
..or you are morons (or a vulgar combo of both)

You can't deny what i just fucking said retards.
The god damn fucking dev of the coin said it himself !
He announced he was leaving the project because the COMMUNITY FAILED TO SUPPORT THE COIN

So what do i see over & over like a broken record ?

LIEM OMGZ DOGE HAZ SUCH AGUD COMMUNITY !!!!

bull
mother
fucking
shit
SCAMMY
morons

And the rest of you are spewing retarded garbage galore making excuses.
Who do you think is eating up your stupid drivel ?

"cryptocurrencies does not need gimmicks to succeed" ?

What the fuck part of the Doge Meme is not a gimmick ?
Say more dumb shit guys.. please, it makes my balls tingle LOL

And no gimmicks are bad and Monero came out 2 years ago dumb ass's
So yeah LTC still could have been planning on copying the gimmick long ago.

100% of you are shit talking idiots.
All you do is spew shit and cry FUD for bucks.
making excuses for "bad" non stop.. so it lines your wallets.

Fumble over yourselves to pile on the ANON band wagon idiots i laugh at you
As i did with every other stupid trend that died here before.
I hope the FBI kicks your fucking doors in pricks that would amuse me LOL

Charlie supports Doge ? a scam coin ? ya that is smart LOL
I wonder how much money he made off joining in with the other losers bullshiting about doge ?
A crowd of predators that left kids holding the bag.. still to this day !
legendary
Activity: 1498
Merit: 1113
September 25, 2016, 01:31:18 PM
#36

Privacy doesn't necessarily means wider usage.

but privacy is the most important thing these days in will be even more important in the future.


some people don't care about their privacy or being anonymous, or they would not use fiat or paypal or other service like facebook, so i have my doubt that privacy is so important, and this is true for like 90% of the people in the world

yes thats right. they don't care. but they should. and i think that after snowden something happened. and thats why i think that more people will realize that should care.
legendary
Activity: 2926
Merit: 1440
September 25, 2016, 11:58:35 AM
#35
Please remember:

Confidential Transactions are optional...

...not to be used by the general user, on the other hand, an advanced user might.

Ok so back to the fungibility issue. Won't that mean that there is a risk of the coins' transactions made without CT will be worth less and the coins transacted with CT? For argument's sake let us say that both those transactions made a purchase of drugs from the same merchant in the darknet.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 25, 2016, 11:44:53 AM
#34
Yes but thats not the event I was referring to, I'm bagholding Litecoin for a long long time, I got tired of waiting the devs do some improvement beyond the silver to bitcoins gold slogan, lots of things get talked but never done they just sit on their asses until something gets near it in MC, last time was DOGE but DOGE was not a serious coin it cannot be compared to Monero, unfortunately to Litecoin a "me-too" attitude towards privacy won't be enough, it would need too many changes that the Bitcoin core protocol do not allow natively, at this point I would wait sidechains code go live and near operational in the Bitcoin testnet and make it on Litecoin first with a Zerocoin protocol. It would still be inferior to Monero's default privacy but superior to simply pasting CT.

The only thing I can agree with is that Litecoin is indeed developing slowly, but there are a lot of reasons for that. Maybe they should focus on gathering a bigger and a worldwide community.

As for the DOGE - Monero comparison... That's imho is very far from the truth. You do realize that DOGE potentially has a lot more chances for adoption than Monero? You can laugh on that statement, but just take a closer look to websites/social accounts such as 9GAG. "The jokes industry" worth BILLIONS.

P.S. And, yes... DOGE is a shitcoin (if we talk about gimmicks).
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
September 25, 2016, 11:42:46 AM
#33
While I agree that "gimmicks" do not make a coin, but there are only a handful of features that can be experimented with and implemented in this crypto space. It's fucking lose - lose with some of you people: Litecoin paces Bitcoin Core to ensure stability "LITECOIN HAS NO DEVELOPMENT!" Litecoin explores CT and answers to the block size debate "HOW ORIGINAL, DUMBEST IDEA EVER!"

All while the development team is doing this on their free time. I agree, I think someone should come out with a better coin on the devs team budget. I'm sure it would be awesome.
full member
Activity: 299
Merit: 100
September 25, 2016, 11:28:08 AM
#32
Please remember:

Confidential Transactions are optional...

...not to be used by the general user, on the other hand, an advanced user might.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 25, 2016, 11:25:32 AM
#31

Privacy doesn't necessarily means wider usage.

but privacy is the most important thing these days in will be even more important in the future.


some people don't care about their privacy or being anonymous, or they would not use fiat or paypal or other service like facebook, so i have my doubt that privacy is so important, and this is true for like 90% of the people in the world
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 25, 2016, 11:07:24 AM
#30
DOGE is still breathing because of its enormous community and it is a living proof that cryptocurrencies does not need gimmicks to succeed. Only a troll can say that Litecoin is feeling threatened by some other coin/asset/token. Even if LTC completely dies, it will still be one of the best, because for one simple reason - it distances itself from the "tech race" and focuses on adoption. If Litecoin dies it would not be, because it was "not developed" (from the tech side), it will be because of the people's hypocrisy.

EDIT:

I'm skeptical that adding CT will have adverse affects to LTC on a socioeconomic level.

CT is only part of the solution to privacy/anonymity.

Let's face it, the recent effect in anonymous coins is mostly because of hype (or over expectations). I do agree that it would not really affect LTC's price (unless certain groups decide something else). Bad thing is that in the past 2 years cryptocurrencies are restraining from adoption more and more. We have a new "gimmicks race", which probably leads to nowhere.

I do agree that in altcoins there is always has an ongoing "gimmick race" coming from most of them. But there is another way of looking at the situation. Without participating in the gimmicks race and pushing the development team into improving their respective coin projects then they might be left behind by their competitors. I believe if litecoin does nothing then it would be threatened to become a forgotten coin and die slowly. I know litecoin is still in a good position even if they do not participate in the gimmicks race but they might be in a better one if they do.

It may die, because people are for the "coin of the day" and cares about their $5 profits. I've said that more times than a 60-year old priest said "Amen".
legendary
Activity: 2926
Merit: 1440
September 25, 2016, 11:03:42 AM
#29
I'm skeptical that adding CT will have adverse affects to LTC on a socioeconomic level.

CT is only part of the solution to privacy/anonymity.

Let's face it, the recent effect in anonymous coins is mostly because of hype (or over expectations). I do agree that it would not really affect LTC's price (unless certain groups decide something else). Bad thing is that in the past 2 years cryptocurrencies are restraining from adoption more and more. We have a new "gimmicks race", which probably leads to nowhere.

I do agree that in altcoins there is always has an ongoing "gimmick race" coming from most of them. But there is another way of looking at the situation. Without participating in the gimmicks race and pushing the development team into improving their respective coin projects then they might be left behind by their competitors. I believe if litecoin does nothing then it would be threatened to become a forgotten coin and die slowly. I know litecoin is still in a good position even if they do not participate in the gimmicks race but they might be in a better one if they do.
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