Topic: [ANN] LitecoinPLus wallet update - PoW added - page 17. (Read 34758 times)

By seeing the price, i invested all by Bitcoins.  now it went down by almost 10 times .
Any chances of seeing it going up again.  Not sure,if i lost everything now. Any hope in future?

well 15% is 15% (and to be correct - 15% divided by (4 times a day X 365 days))
but when the blocks get too small you run out of decimal places.

So this means, the more Blocks the better/higher Reward i will get??
Best practice would be, if i have 300 LCP to send every single LCP to my Adress at same time?

what info would you like added?

Please add more info to the website.

if you transferred 47 lcp to your wallet - that would be one block.
when it stakes you end up with two blocks - each 23.5 (plus half of the stake reward)

if you transferred 1 lcp 47 times - that would be 47 blocks.
when they stake you will end up with 94 blocks - each .5 (plus half of the stake reward)

Hey Spider,

very nice! Thanks for that!
Im sitting infront of it and i am about to do this now!
I am also starting to get behind it but still not 100% sure.

You said that you suggest making 1 Block when i have 100 lcp.
My question is, is 1 Block = 1 Transaction?
For example, when i have 1000 LCP, do i have to make 2 Transactions with 500 LCP to have made 2 Blocks???

We are at the beginning, the beauty has yet to arrive.

Thanks for the info, didn't know that the old code was already taken. That was fast though

litecoin plus XLC was dead for almost a year. wallets couldn't connect.
when I took it over, some other coin was using XLC
So I went with LCP
I didn't want to confuse people.

I should have made one - knowing this question was coming
on the wallet - you will nedd to change some settings.
click settings, options
a window will open. click the display tab. check the box to display coin control - I would suggest to check the display address - it is nice to see the addresses
your choice - click the display tab and check both of those - or not, your choice.

close that window
now when you go to send coins - you will see an inputs button - click that button
check the list mode - now you can see every coin block in your wallet.
You can sort the blocks by confirmations by clicking the top of that column
I generally leave blocks with 2,000 or more confirms alone - they will be staking soon

now you can start checking the check boxes on the left hand side - to select witch coins you want to send.
 - you will be sending these coins to yourself

you will notice that as you select boxes/blocks - the form updates  -
what to watch for is block size and fees - yes you still have to pay a fee, even sending to yourself.
when the block size turns red - uncheck a box or two until it turns black again. when it gets to big - the fees go way up.

you don't have to wait for it to turn red - you can stop at any time - pick any amount you want, basically.
once you get your blocks selected click the ok  button.
the send coin form should be populated with your amounts.

so now - click on the receive coins - right click on your address, and select copy address
click the send coins tab, and paste the address into the pay to area.
(almost done)
in the amount box, type the amount you want to send - this will be your new block size - I usually select enough blocks to go over my planned block size
then click send.

a few notes
the block sizes you want to make depends on how many coins you have.
if you have 100 lcp - I would just make one block.
if you have 1000 lcp - I would make 2 blocks
just a suggestion.
the bigger the blocks - the less of them you will have, so it will seem like you are not staking a lot.
the smaller the blocks - you will have more - but the sooner you will have to rebuild the blocks again.

I know it sound really complicated at first - but after a few times, it will be easy

@Spider, why has Litecoin Plus code changed from XLC to LCP? XLC looked much better.

'Cos it has only 770 000 coins available.

Also it is perceived as a Litecoin fork, and LTC is seeing huge rally lately.

Combine these two with a potential major announcement or news, the LCP price could go up really high.

Hey Spider!
Thanks alot for your superfast Support!

Sorry, i am a Noob to this!
How do i use the coin control to build bigger blocks?!
Is there a explaination for this somewhere? Link? Tutorial? Or similar?

Thanks!!!👍👍👍

This coin has no road map, any announcement of a big exchange or major news. Why is this coin going up so much?

good question.
the coins have to mature (coin age) for about 24 hours - it is suppose to be 6, but most the time it takes 24.
once they are old enough - the arrow in the bottom right corner will turn green, letting you know it is trying to stake.

once it stakes, and the reward is confirmed - you will have new blocks, and they have to wait untill they are old enough.

note: when the block of coins stake - it is split into two new blocks.
eventually, the blocks will become very small, and not stake much.
you can use the coin control to build new, bigger blocks.

Hey Guys,

i got a little problem and would really appreciate it if someone could help!
I got my Wallet running, Synced, LCP Coins on it, connections established, encrypted and unlocked.
Everything seems fine, but in the lower right corner "when Mouse over" it says: " Not staking because you dont have mature Coins"

Did i missed something to do? And what does it mean, "mature Coins"?

Thanks for you Help in Advance!

Best Regards!
EdaMeda

Any further updates about new exchanges?

If the devs are going to implement some decent features, then it might be a fair price.

Nice entry right now at 15K ?