Happy 8th birthday Litecoin!
Happy 9th birthday Litecoin!
https://twitter.com/Chain_Bet_/status/1316326948046397440
Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 16. (Read 1467474 times)
Happy 9th birthday Litecoin!
https://twitter.com/Chain_Bet_/status/1316326948046397440
Did you try the XSN lightning DEX LTC/BTC pair? What do you think about decentralized p2p trading on lightning?
Once off-chain it’s really fast, however first, there needs to be 3 on-chain confirmations...
Once off-chain it’s really fast, however first, there needs to be 3 on-chain confirmations...
Just for know: today there isn' t an asic profitable for this coin. Innosilicon A6+ is in lose with 8c$ for kw. Who mine this coin and why?
i am surprised that news about privacy testing did not affect the price of this Litecoin coin. a must be a rocket!
Not sure who will read this and whether or not it gets to the right people but I am posting this out there. Can you fork Litecoin to have infinite coins? Then put Litecoin back on the original reward level and stop halving altogether. Current governments can print money as they see fit and burn money as they see fit. Digital currencies are digital and will only run out based on computers capable of handling them. If you need to control/limit the amount of coins on the network, you can "fork" and reduce the reward level to limit the number of new coins while the system catches up(ideally, system should never need to catch up for any reason).
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
1. Sure you can make a fork and start 'printing free coins'. But as soon as you do it, you break the rules of the original chain. And so you cannot put them back into the original. The only way to 'unfork' is to discard one chain completely. You will have to convince the entire world, that your chain is the right one. Good luck
If this was possible, all coins would be worthless, because everyone could just create them for free.2. Old transactions are not really a performance issue. More of a storage issue. But yes, there is a lot going on around this. You don't need all the transactions. In fact what an active node needs is a chainstate or UTXO set (unspent transaction outputs) that is the result of all the transactions from previous blocks. Think of it like a ballance sheet or 'spendable coins'. The process of removing old transactions is called transaction pruning. Look it up.
Not sure who will read this and whether or not it gets to the right people but I am posting this out there. Can you fork Litecoin to have infinite coins? Then put Litecoin back on the original reward level and stop halving altogether. Current governments can print money as they see fit and burn money as they see fit. Digital currencies are digital and will only run out based on computers capable of handling them. If you need to control/limit the amount of coins on the network, you can "fork" and reduce the reward level to limit the number of new coins while the system catches up(ideally, system should never need to catch up for any reason).
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
I mine TBX everyday and there is no upper limit on it.
Not sure who will read this and whether or not it gets to the right people but I am posting this out there. Can you fork Litecoin to have infinite coins? Then put Litecoin back on the original reward level and stop halving altogether. Current governments can print money as they see fit and burn money as they see fit. Digital currencies are digital and will only run out based on computers capable of handling them. If you need to control/limit the amount of coins on the network, you can "fork" and reduce the reward level to limit the number of new coins while the system catches up(ideally, system should never need to catch up for any reason).
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
Same concept can be applied to all of the other coins. The most resilient and efficient coins will survive.
Real question, how long do you need to keep track of transaction history? Do you really need a transaction that happened 10 years ago in the database? If you do, is this a limitation on the performance of Litecoin?
Disclaimer: This is only an idea and thought. I won't and wouldn't know how to argue pros and cons.
Well, Mimblewimble seems to be in test phase as of today (this month) 10/1/2020! (That was a pleasant surprise...I was more than a bit cynical
that boat would float, in 2020.
Also a new Blockchain RPG Game with LTC at the core, according to the Litecoin Foundation, I just found out about today. I am currently downloading the game.
It gives you an LTC Address and Private Key for the mLTC you will be tossing about in the Game. Below is the Litecoin Foundation page with the link.
https://litecoin-foundation.org/latest-news/
Here is a www.youtube.com video from I think February 2020 on an Alpha 'look' at this LiteBringer Game, the link is below.
https://www.youtube.com/watch?v=e0r0KF4ulA0
Again, right now it is downloading (in game I guess) the LTC blockchain as I type this. Would be 'great' if it was a 'decent' game to promote Litecoin!
Now if they would get that Litecoin Bank Card they have promoted on the Litecoin Foundation my entire 'skeptic' persona on this thread will be killed with
a stake though my heart! (Just saying, nothing suceeds like sucess!) Well, I'll post what I think of this LiteBringer RPG Game....please do the same on this
thread.
Hello there!
For bitcoin:
difficulty = first_block_target / current_target
Is it correct for LTC? If not - how to calculate it?
More
For BTC (first block bits=0x1d00ffff)
target=
0x00000000ffff0000000000000000000000000000000000000000000000000000
for LTC if follow same way (first block bits=0x1e0ffff0)
target=
0x00000ffff0000000000000000000000000000000000000000000000000000000
That's true?
Also there in cgminer presents such code (from BTC asic driver):
static uint8_t diff_to_bits(double diff)
{
uint64_t diff64;
uint8_t i;
diff /= 0.9999847412109375;
diff *= (double)2147483648.0;
if (diff > 0x8000000000000000ULL)
diff = 0x8000000000000000ULL;
/* Convert it to an integer */
diff64 = diff;
for (i = 0; diff64; i++, diff64 >>= 1);
return i;
}
static double bits_to_diff(uint8_t bits)
{
double ret = 1.0;
if (likely(bits > 32))
ret *= 1ull << (bits - 32);
else if (unlikely(bits < 32))
ret /= 1ull << (32 - bits);
return ret;
}
I think that need to alter this line for LTC:
diff *= (double)2147483648.0; but how?
So how to adapt this code for LTC?
I'm trying to ask on different forums but no answer.
Somebody please help.
Thanks!
For bitcoin:
difficulty = first_block_target / current_target
Is it correct for LTC? If not - how to calculate it?
More
For BTC (first block bits=0x1d00ffff)
target=
0x00000000ffff0000000000000000000000000000000000000000000000000000
for LTC if follow same way (first block bits=0x1e0ffff0)
target=
0x00000ffff0000000000000000000000000000000000000000000000000000000
That's true?
Also there in cgminer presents such code (from BTC asic driver):
static uint8_t diff_to_bits(double diff)
{
uint64_t diff64;
uint8_t i;
diff /= 0.9999847412109375;
diff *= (double)2147483648.0;
if (diff > 0x8000000000000000ULL)
diff = 0x8000000000000000ULL;
/* Convert it to an integer */
diff64 = diff;
for (i = 0; diff64; i++, diff64 >>= 1);
return i;
}
static double bits_to_diff(uint8_t bits)
{
double ret = 1.0;
if (likely(bits > 32))
ret *= 1ull << (bits - 32);
else if (unlikely(bits < 32))
ret /= 1ull << (32 - bits);
return ret;
}
I think that need to alter this line for LTC:
diff *= (double)2147483648.0; but how?
So how to adapt this code for LTC?
I'm trying to ask on different forums but no answer.
Somebody please help.
Thanks!
~
they are useless because if I have to move a capital with a centralized and manipulated system I turn to the banks. Not to mention that some can turn out to be chicken traps. I had a very bad experience with crypto.com, bordering on scam
they are useless because if I have to move a capital with a centralized and manipulated system I turn to the banks. Not to mention that some can turn out to be chicken traps. I had a very bad experience with crypto.com, bordering on scam
elaborate this "scam" accusation on a separate topic please, I would like to read more about it
out of the top 10.... this is really bad... BSV in front of LTC.... i'm speechless
let' s see the ranking for a moment:Bitcoin
ethereum
tether
xripple
bitcoincash
binancecoin
polkadot
chainlink
cardano
bitcoinsv
crypto.com !!!
LITECOIN
in my opinion
tether
xripple
bitcoincash
binancecoin
polkadot
chainlink
cardano
bitcoinsv
crypto.com !!!
they are useless because if I have to move a capital with a centralized and manipulated system I turn to the banks. Not to mention that some can turn out to be chicken traps. I had a very bad experience with crypto.com, bordering on scam
out of the top 10.... this is really bad... BSV in front of LTC.... i'm speechless
Litecoin has no real reason to exist anymore like BSV.
Bitcoin slowly gaining to former all time high, but Litecoin will never smell its all time high again.
But lets see how it goes, maybe...just maybe
out of the top 10.... this is really bad... BSV in front of LTC.... i'm speechless
The current global trend is forcing humanity to switch to cashless payments and cryptocurrencies in this regard will play the most important role. Over time, the attitudes of the common cryptocurrency user and investors will change in relation to Litecoin, especially when LitePay becomes operational and replaces conventional payment systems. And the current decline in the price of a coin is nothing more than a general market trend. Although I still do not understand why Charlie Lee always changes his mind and acts rashly, because this negatively affects the Litecoin course.
Another bit of 'vaporware' I wonder when this will be out? The pumped LTC card!
https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
interesting. This card can be step towards the defi. why not also make a decentralized exchange uniswap style, using this card?https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
Mimblewimble will be 3 years in Jan 2021..I mean really LTC progress is sooooooo slow.....
https://bitcoinist.com/litecoin-price-mimblewimble-privacy/
also their announced litecoin card of the other month is still not doing anything but 'playing web page' as of now
https://litecoin.getblockcard.com/
I mean merge projects with another coin...steal some devs that way..that is what MMORPG game makers like EA Games do...
Brad
Hello Ltc community
All coins and tokens have developed themselves, except Litcoin has not come with any new update for quite some time now, the price is decreasing and I am losing my money stored in it. What should I do?
All coins and tokens have developed themselves, except Litcoin has not come with any new update for quite some time now, the price is decreasing and I am losing my money stored in it. What should I do?
You have two choices my friend:
1. Continue being a whiny little b**ch, sell all your coins, cry a lot...
2. Be brave, HODL and WIN!
Be brave, HODL and WIN!
Only the miners win. Litecoin is not going to go anywhere. It will ride the ups of BTC, but keep dropping.
There is no use for it. As they say in corporate, Your job has become redundant!
Litecoin, bitcoin gold, bitcoin sv, bitcoin cash, bitcoin diamond, ethereum classic, and so on are there to get Devs and miners BTC.
And the "investors" will have
Another bit of 'vaporware' I wonder when this will be out? The pumped LTC card!
https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
interesting. This card can be step towards the defi. why not also make a decentralized exchange uniswap style, using this card?https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
Another bit of 'vaporware' I wonder when this will be out? The pumped LTC card!
https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
https://litecoin.getblockcard.com/
Knowing LTC development it must wait in line until Mimblewimble is in place first.
So it goes.
Brad
Is it true that Charlie Lee sold all the Ltc in 2017?
yep
evidently he did not believe in the project. how do you see ltc in the short/ medium term?
LTC mimblewimble available on testnet soon.
Brad
After a careful analysis I realized that the problem could be the halving that was there. My question is it could go back to prehalving since however there is only one profitable asic Miner which costs 3000 dollars with a roe of 70 c at day?
Hello Ltc community
All coins and tokens have developed themselves, except Litcoin has not come with any new update for quite some time now, the price is decreasing and I am losing my money stored in it. What should I do?
The innovations for ltc will arrive precisely in the period in which the defi bubble deflates. You evaluate All coins and tokens have developed themselves, except Litcoin has not come with any new update for quite some time now, the price is decreasing and I am losing my money stored in it. What should I do?
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