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Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 305. (Read 1467253 times)

legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
litecoin looks like it just died.....
newbie
Activity: 25
Merit: 0
hi litcoiners,
is there any way to know the Wealth distribution of Litecoins per owner? Like:

https://bitcointalksearch.org/topic/m.3873222

thank you!

Or Litecoin Addresses with max coins
hero member
Activity: 770
Merit: 500
hi litcoiners,
is there any way to know the Wealth distribution of Litecoins per owner? Like:

https://bitcointalksearch.org/topic/m.3873222

thank you!
http://www.litecoinrichlist.com/
hero member
Activity: 490
Merit: 504
hi litcoiners,
is there any way to know the Wealth distribution of Litecoins per owner? Like:

https://bitcointalksearch.org/topic/m.3873222

thank you!
newbie
Activity: 37
Merit: 0
legendary
Activity: 1397
Merit: 1022


New f*D Certified Crypto-Cards (paper wallets) in stock! Litecoin is supported!
newbie
Activity: 28
Merit: 0
Hi,

We (blockr.io team) build new block explorer for Bitcoin an Litecoin. We think it is time for Litecoin to have a decent block explorer!

http://ltc.blockr.io/

Very very nice. Well done.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
hi. i'm just wondering, how many litecoins can be obtained per day with 4mh/s mining for 24 hours?

For start, you need to mine in a pool.
Calculator is here
sr. member
Activity: 350
Merit: 250
hi. i'm just wondering, how many litecoins can be obtained per day with 4mh/s mining for 24 hours?
newbie
Activity: 56
Merit: 0
Hi,

Since not all users of this coin are as active as you are, may I ask for a feature in a future wallet version?

Please implement one of the following features:
1) an autoupdate feature which automatically keeps the QT updated without the user doing anything (or with the user just clicking an "update" button which only appears when new updates are available - but where the entire update process is done automatically)
2) a notification feature where the user can enter his eMail address into the wallet and the wallet sends him an eMail when a new version is available? That requires - of course - that the wallet has a way to check for updates. But since Microsoft/Apple/Adobe/andalltheothers can do it, so can you :-)
3) (for those who don't even run their QT all the time) a notification feature where the user can enter his eMail address into the wallet and the wallet sends that eMail address plus its own version information to a central server of yours which then sends out an eMail when a new software version is available. And which sends a warning eMail when a mantatory update has to be performed.

Naturally, as of today, the Cryptocurrency-community has been very active but with the price explosion of the Bitcoin last month, more and more "normal users" will enter the market.
They will not keep their wallet running all the time.
They will not check the forum all the time.
But they might spend hard cash on buying this coin at an exchange and then send it over to their wallet. As a community, we even need that kind of passive user - and we need their money buying this coin.
And when they find ways to spend or donate the coin, they will. And for that purpose they will open their wallets - but not in between.

Having said this, I personally prefer feature (3) because it has a few advantage over the other 2:

  • It keeps even those "passive" users in the loop that do not run their wallet regularily.
  • That way, if a really important change has to be made (e.g. a new blockchain), even those users won't lose their money because they get a notification. Think of the bad publicity when "normal users" start losing their money because they simply ignored their wallets for months only to find them not working anymore because weeks before, a new blockchain or equally invasive measure was introduced without them knowing.
  • That feature can be extended for marketing purposes: add a checkmark "the makers of this coin are allowed to send me exciting news about this coin yaddayaddaya" - and voila you get yourself a free marketing database with tons of eMail addresses that you can use to keep engaging your users. Notify them of new shops where they can pay with this currency. Notify them of faucets. Notify them of exchanges that trade this coin. Notify them of the rise in value of that coin. And so on. Just keep engaging even the passive users - because to make a currency successful, you need every hand and every dollar you can get.

You guys and all the other professionals or those that have privacy concerns won't use that feature - and should never be required to do so. But the regular passive user will get that fuzzy feeling that he will be informed of important stuff without him spending much time checking bitcointalk or their wallets. And that will give him extra confidence when it comes to him spending the coin or buying the coin with his FIAT.

Just a few additional remarks:

  • Naturally, the best possible combination would be (3) with (1) where the users gets a "move your ass and update your wallet or else..." eMail (friendly version, of course) - and then he opens the wallet and clicks on the "update" button and that's it for him.
  • May be the required serverside portion (the thing that collects all version information and the eMail addresses and which also allows for sending out mass eMails to all users in that database) could be written in a generic way so that other virtual currencies can implement that feature, too?
  • May be, future wallets should have a default setting that causes them to run in the background as a service whenever the computer starts. That way, even many passive users will contribute to the P2P network without them even knowing. But that was just a sideline remark and describes a completely different feature request. But then again, while you are at it... :-)

Don't know. What do you guys think about that feature request?
Does anyone second that request?
Does anyone have a better idea how to solve the above mentioned challenges that this new species of regular, passive users will introduce in the weeks and months to come?

Thanks
Matt
LTC: LW6Bqqk74D4t7WHTD2URAAFdRmYKYYk2mF


P.S. Just a full disclosure: I have posted this same feature request to the thread of some other cryptocurrencies as well.
newbie
Activity: 42
Merit: 0
not much chat here Smiley

let me ask you all to join

http://ltc.fast-pool.com/

0% FEE,NO PPLNS,VARDIFF,1GBIT,256 GB RAM,SSD DRIVES,NO MIN PAYOUT
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
Litecoin 0.8.6.1 released with lower min transaction fees of 0.001 LTC.
Please see: http://litecoin.org/upgrade
hero member
Activity: 905
Merit: 1001
Litecoin just went over $10  Shocked

+1 Smiley great day
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
Litecoin just went over $10  Shocked
newbie
Activity: 55
Merit: 0
Sorry to be a pain. It was probably mentioned her but I missed it ( I am at work on my shitty phone). What is the best place to buy litecoins and most reliable wallet to keep it?
sr. member
Activity: 432
Merit: 250
it seems that 25% of network hashrate come from botnet
legendary
Activity: 3108
Merit: 1531
yes
Litecoin is going fine after 2 years since its inception.

Let's continue to build the case for Litecoin:

I agree: Bitcoin won't replace other currencies and won't be the only crypto currency around.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Why would you compare it to M3?

M0 = currency.  There is roughly $5T in currency (M0) in the world.  That is 500 trillion US pennies.  That is all the currency on the entire planet used by all people of all nations.  

Bitcoin has 2.1 quadrillion (2,100 trillion) divisible units that is 21M BTC @ 1E8 Satoshis per BTC.  There are roughly 4x as many divisible units in Bitcoin then there are pennies in the global currency supply. Also I think the "one coin to rule them all" dream is just that a dream.  Fiat currency isn't going away.  Bitcoin and other competitors will compete with national fiat currencies but they will still exist in some form.  However even under the absolute end game of end game scenarios where Bitcoin replaces all other forms of currency on the planet (and shares none of that with any alt-coins) there are still enough divisible units.

sr. member
Activity: 437
Merit: 255
Think that technically LTC and BTC is nearly the same. And the liquidity of BTC will not be enough to cover the market demand.

not be enough? wtf...
dude the 8 decimals can be change into 100 decimals in any minute... but we dont need it.
when bitcoin rises, they will change that and GG...
wtf are you talking :S...
why are noobs talking -.-" ??
[/quote]

cool down junior

Please compare the different money amount M0, M1, M2, M3 for USD or EUR.

M3 amount as Jan, 2013:
EUR cents  ~   10E14  
USD cents  ~   11E14

M1 for Bitcoin in 2033 will be 21E14 units. But firstly the money demand will grow and secondly with Bitcoin we are not mapping only EUR or USD but all money supplies plus additional commodies like Geld.
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