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Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 413. (Read 1467253 times)

donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
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Source code

The source code is here:
   https://github.com/coblee/litecoin

This is based on the latest Bitcoin code. You can either build the daemon version (litecoind) or you can build the QT gui version. See the build docs.

Similar to Bitcoin, you may want to create a litecoin.conf file here:
    Windows: C:\Documents and Settings\\Application Data\Litecoin
    Win7: C:\Users\\AppData\Roaming\Litecoin
    Mac: ~/Library/Application Support/Litecoin
    Unix: ~/.litecoin

To run against Testnet, you need to put "testnet=1" in your litecoin.conf file. Without it, the client will crash.

Port is 19333 for Testnet and 9333 for the real release. And default RPC port is 9332.
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Where was this exactly forked from?
Have you tried to generate actual blocks with it yet using a miner?
I'll track down something that I noticed a bit odd once I know exactly where it came from.

It's forked from Bitcoin code base. Mining works.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
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Source code

The source code is here:
   https://github.com/coblee/litecoin

This is based on the latest Bitcoin code. You can either build the daemon version (litecoind) or you can build the QT gui version. See the build docs.

Similar to Bitcoin, you may want to create a litecoin.conf file here:
    Windows: C:\Documents and Settings\\Application Data\Litecoin
    Win7: C:\Users\\AppData\Roaming\Litecoin
    Mac: ~/Library/Application Support/Litecoin
    Unix: ~/.litecoin

To run against Testnet, you need to put "testnet=1" in your litecoin.conf file. Without it, the client will crash.

Port is 19333 for Testnet and 9333 for the real release. And default RPC port is 9332.
...
Where was this exactly forked from?
Have you tried to generate actual blocks with it yet using a miner?
I'll track down something that I noticed a bit odd once I know exactly where it came from.
hero member
Activity: 518
Merit: 500
@Coblee

How about a daemon for Windows?

Building litecoind on Windows is a pain in the ass. I haven't used Windows in about 8 years. Yet I somehow managed to build the QT version of litecoin in a VM. I will ask around to see if anyone can help me with this.

Tell me about it, been trying for the past four hours to get a Windows daemon going.

Try this https://github.com/downloads/coblee/litecoin/litecoin-windows-daemon-10-09-2011.zip

So will this ScamCoin work on Intel too ? Probably not as it uses crappy scrypt shit algo.
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
@Coblee

How about a daemon for Windows?

Building litecoind on Windows is a pain in the ass. I haven't used Windows in about 8 years. Yet I somehow managed to build the QT version of litecoin in a VM. I will ask around to see if anyone can help me with this.

Tell me about it, been trying for the past four hours to get a Windows daemon going.

Try this https://github.com/downloads/coblee/litecoin/litecoin-windows-daemon-10-09-2011.zip
legendary
Activity: 1358
Merit: 1003
Ron Gross

What happened at the i0 coin? 51% attack?

BTW, do we have anyone with Slashdot connections to try and spread the word about this coin _before_ it's launched?
I agree this might not be newsworthy at this point, but the thing is ... the coin would be really fair if it had the widest distribution possible before launch.

It's been a while since anything Bitcoin has been slashdotted, perhaps it's time for a general unbiased review of the alt coins to appear on slashdot ... assuming unbiased opinions even exist.

One of the really big miners was able get most of the coins and everyone else was just getting stales.

Did they get more than their proportional share? Was this a real attack on the protocol, or something else? Or did that miner just focus on building his own chain and ignored all other chains, and having 51% built the longest chain, and effectively got more than his proportional share?
hero member
Activity: 756
Merit: 500

What happened at the i0 coin? 51% attack?

BTW, do we have anyone with Slashdot connections to try and spread the word about this coin _before_ it's launched?
I agree this might not be newsworthy at this point, but the thing is ... the coin would be really fair if it had the widest distribution possible before launch.

It's been a while since anything Bitcoin has been slashdotted, perhaps it's time for a general unbiased review of the alt coins to appear on slashdot ... assuming unbiased opinions even exist.

One of the really big miners was able get most of the coins and everyone else was just getting stales.
legendary
Activity: 1358
Merit: 1003
Ron Gross
I am somewhat worried we will see a repeat of the i0 coin launch with this.
If you give people too much warning then they get the really big guns ready.

What happened at the i0 coin? 51% attack?

BTW, do we have anyone with Slashdot connections to try and spread the word about this coin _before_ it's launched?
I agree this might not be newsworthy at this point, but the thing is ... the coin would be really fair if it had the widest distribution possible before launch.

It's been a while since anything Bitcoin has been slashdotted, perhaps it's time for a general unbiased review of the alt coins to appear on slashdot ... assuming unbiased opinions even exist.
hero member
Activity: 756
Merit: 500
I am somewhat worried we will see a repeat of the i0 coin launch with this.
If you give people too much warning then they get the really big guns ready.
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
@Coblee

How about a daemon for Windows?

Building litecoind on Windows is a pain in the ass. I haven't used Windows in about 8 years. Yet I somehow managed to build the QT version of litecoin in a VM. I will ask around to see if anyone can help me with this.
legendary
Activity: 1358
Merit: 1003
Ron Gross
For me, it went from 1.8 khash/s to 2.2 khash/s. ArtForz has been working on it to perform better with scrypt. So it might crash and burn, but it shouldn't break your computer or anything.

Nice, that's a 20% increase. The risk is crashes, right ... but if it says it's doing X khash/s then it really is doing that, right?
Are there windows binaries available?
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
I've updated first post with some new information in the mining section.

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https://github.com/ArtForz/cpuminer - Fastest but experimental

Can you give more details? Fastest by how much? "How much" experimental?

For me, it went from 1.8 khash/s to 2.2 khash/s. ArtForz has been working on it to perform better with scrypt. So it might crash and burn, but it shouldn't break your computer or anything.
legendary
Activity: 1358
Merit: 1003
Ron Gross
I've updated first post with some new information in the mining section.

...


https://github.com/ArtForz/cpuminer - Fastest but experimental

Can you give more details? Fastest by how much? "How much" experimental?
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
I've updated first post with some new information in the mining section.
hero member
Activity: 560
Merit: 501
smooth continuous difficulty retargeting based on an iir filter would be a nice feature



You are asking for too much man. The basic plan is this :

1. Create alternate crytocurrency ( rebrand Bitcoin to ScamCoin eg replace bitcoin in source to scamcoin etc. )
2. Launch and say it has many features and other typical BS
3. Huh
4. PROFIT

Not even hard.
bulanula forum post template:
"OMGWTFBBQ THIS SUCKS Y U COPY BITCOIN AND CHANGE NAMEINGS O BTW CAN U HELP ME GET BETTER SPEED FROM INTEL PROCESSINGS???"
sr. member
Activity: 300
Merit: 250

Fast transactions

We were impressed by the convenience of SolidCoin's fast transactions.  Although we know that fast confirmations are not necessarily as secure as Bitcoin's slower confirmations, they are very convenient for small merchants who don't need transactions to be super secure. The average Litecoin block takes 2.5 minutes, one quarter of Bitcoin's 10 minutes.  So if merchants wanted to be as safe as Bitcoin, they can wait for 4 times the number of Litecoin confirmations as compared to Bitcoin.



What convenience for merchants do they add?  6 confirms worth an hour is the same as 24 confirms worth an hour. Merchants can easily accept 0 confirm transactions. Are there any known cases of a double spend attack actually occurring?   
legendary
Activity: 1358
Merit: 1003
Ron Gross
Not sure why you are releasing Litecoin.. I dont see a difference between this and Fairbrix.. sure Fairbrix doesnt have an exchange but either does Litecoin.. what makes this different? Last time i checked Fairbrix is doing about 1k bricks a day.. so i guess there are still people mining it

Two differences that I like:

1. LiteCoin was pre-announced several days in advance.
2. LiteCoin has a limited supply of coins, and pretty much follows the Bitcoin protocol.

Some might find #2 a drawback, but I think it's a good feature. Let the market speak.
legendary
Activity: 889
Merit: 1000
Bitcoin calls me an Orphan
Not sure why you are releasing Litecoin.. I dont see a difference between this and Fairbrix.. sure Fairbrix doesnt have an exchange but either does Litecoin.. what makes this different? Last time i checked Fairbrix is doing about 1k bricks a day.. so i guess there are still people mining it
hero member
Activity: 633
Merit: 500
Some of you probably want to use minerd for mining and are unable to without a little difficulty.

http://www.mediafire.com/?v76sfm1yiwmiz9i

All you need to do is unpack those files into your Litecoin folder and start minerd with one of the .bat's included.  You can edit the .bat files to customize how many threads you're going to use for mining and other options.

Make sure you have the lines "server=1" and "gen=0" in your litecoin.conf file.  This way, the client is run as a server for solo mining and the client is instructed to not generate coins itself.  You may set "gen=1" if you want the client to do the mining.  It's up to you.
legendary
Activity: 1358
Merit: 1003
Ron Gross
Can you guys wait until I finish the website? I've got some minor work left but it's pretty much done.
No problem

Sorry, I just blogged about it.
I want everything to have as much chance as possible to be an early adopter.
Some people might need the extra few days to learn the subject material and make up their mind.
legendary
Activity: 1708
Merit: 1020
smooth continuous difficulty retargeting based on an iir filter would be a nice feature

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