Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 407. (Read 1466308 times)

Me too although mine is a lot more overly complicated

Got my script all set up (basically a while : do wget litecoin.conf && litecoind ; sleep 59 ; done with the tenebrix miner fired up in the other window ) so I hope to be the first. =)

If I can get to the keyboard around the time it's slated to go live I'll bump down the sleeping.

You know you will be the first to mine it.

You only need it if you want it to run in the background. If it works for you without it, then stick with that.

You're the one that was wanting it to be released and Intel optimized so badly.
You're such a dumbass.




Anyway,
Is this actually necessary? Anybody know for sure? Because mine works just fine with only server=1 in my config.

Cheers

The old one will work just fine, but downloading the new one may prevent your blocks from being orphaned by a 51% attacker.

I still cannot believe how people will fall for this scamchain launch. Avoid. No exchange sucks too etc. !!!

What do you mean by "sometime" after the launch?  Minutes?  Hours?

What will happen between you change the code and we download it, compile it, and run it?  Will the old one we will be running useless at all?

I'm teaching a class at 8am (6am GMT).  It'll hurt my class if I don't get a good sleep this night.

ama.. i would try.. it doesnt hurt to try

IMPORTANT

Here's the deal on the launch. The launch will happen in less than 7 hours at 3AM GMT. At that time, I will reply to this post with a comment that looks like:


You will need add these 2 lines to your litecoin.conf file and then remove the testnet=1 line. Restart your client and you will be on the real chain. And then you can mine away.

For those of you that are not going to be awake for this, there is a solution. You will need to know how to set up a cronjob or something. Immediately after the launch, terrytibbs will upload a litecoin.conf file with the correct stuff at this location: http://litecoin.org/downloads/litecoin.conf

And the file will look like this:


If you try now, you will get a 404 error. So please keep trying until you get a file. Please note that daemon=1 is not set, so if you want to run your litecoind as a daemon, you need to pass it in: "./litecoind -daemon"
The reason why we don't set that automatically is because it will crash the GUI.

To test your cron job, we've uploaded a sample file to http://litecoin.org/downloads/litecoin.conf.sample
If people have a working cron job shell script, please post it here to help others out.

Lastly, sometime after the launch, I will check in the code with the geneis block AND a new block hash lock. This is another step to prevent a 51% attack. If you don't want your mined coins to be stolen by a 51% attack, please download that new code (or binary) and run it. I will post about that when I have it checked in.

I think I should go to sleep and get up at my usual times and don't worry about mining until there is a pool I can join.  Let see if I m clever enough to do it or stupid enough to waste the whole night.   

You can never know, it would massively depend on network luck so I'd say you'd still have a chance to mine a block indeed. It would just be more a matter of latency than a matter of hashrate. Also after the first diff increase it will probably be easier to catch up with the chain too, because the diff adjustment is much steeper than in SC.

Quick question, is there a way to see how "fast" you're mining in the Windows client?

Ta

So, not the smallest chance to mine anything, right?  I'd be happy if I could mine one block.  It'd be exiting, I've never mined one (except for the Litecoin testnet, of course).

Ok, maybe I misphrased that, all I meant was that at that difficulty, with only one computer on the network you'd already be able to find blocks at the target speed of one block every 2.5 minutes.

Please explain how one computer can run the whole chain?

I'd say probably like SC 2 after 6-12 hours. 

Will we have any chance to download the blockchain and start mining if it takes us a couple of minutes to start, then?  Or will it happen like with SC2 (you never get a chance because your boxe can get to the current block fast enough to ever start mining)?

It pretty much means that one single computer can run the whole chain at its target speed of 1 block every 2.5minutes. Of course it's too low...