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Topic: [ANN] LitecoinPlus (XLC) / super fast / green / great team! - page 7. (Read 77048 times)

legendary
Activity: 1294
Merit: 1039
since I already spent the time to change everything over to LCP - I think we will keep it that way.

Next thing is to get some funding to pay for the listing at Cryptopia.
Price to get listed is 400,000 DOTcoin  (it just went up)
Price to get listed, 1 month of featured coin, 1 month tip slot, 1 month of reward slot is 560,000 DOTcoin

I think the 400,000 just to get listed would be fine, but the extra exposure with featured coin and reward/tipping would be beneficial if we could come up with enough DOT.

I am going to need help with this.  Here is a DOTcoin address for people to donate DOT coin to:
13s6qhu16253oxpGWyTqXtd2uBM1kj98YY
(DOT only at this address)

I will post updates on the balance - or you can check it on a DOTcoin explorer at https://chainz.cryptoid.info/dot/search.dws?q=13s6qhu16253oxpGWyTqXtd2uBM1kj98YY
sr. member
Activity: 489
Merit: 253
Would xLTC or LTC+ be possible?

It might be possible, if it's not taken.
it would require changes in the wallet code, website, explorer, etc.
Personally, I like LCP as in LiteCoinPlus

what does the x stand for anyway?

The X could be similar as in XBT (Bitcoin) XBC (Bitcoin Plus) XCP (Counterparty)

I think LCP is suitable Cheesy, another variation would be XLP
legendary
Activity: 1294
Merit: 1039
Would xLTC or LTC+ be possible?

It might be possible, if it's not taken.
it would require changes in the wallet code, website, explorer, etc.
Personally, I like LCP as in LiteCoinPlus

what does the x stand for anyway?
hero member
Activity: 782
Merit: 500
Would xLTC or LTC+ be possible?
legendary
Activity: 1294
Merit: 1039
xlc or xltc seem like better tickers than lcp guys
somebody already hijacked xlc that's why we went with lcp
hero member
Activity: 782
Merit: 500
xlc or xltc seem like better tickers than lcp guys
legendary
Activity: 1294
Merit: 1039
Any new link for the windows wallet guys? Throwing up an error when I try to unzip it.


this is the link to the latest wallet https://drive.google.com/open?id=0B1cnD3W8c0jtVV9EREdUVmthaDQ
If you get an error unzipping it, let me know so I can investigate.

I will be testing a new wallet in a day or two, once I get a testnet up.
The new wallet will have the stake correction, and pow.
sr. member
Activity: 490
Merit: 250
Saved you from a scam? Send me some BTC!
Any new link for the windows wallet guys? Throwing up an error when I try to unzip it.

sr. member
Activity: 489
Merit: 253
Oh you worked this out nicely.
Yes this sounds really good.
It took a while, and several tries.
I wanted to start with a higher reward, but it made to many blocks in too fast a time.
Unless someone can come up with a reason not to, I think this is what we will go with.
I will wait a while for responses.

Sounds good Cheesy
legendary
Activity: 1294
Merit: 1039
Oh you worked this out nicely.
Yes this sounds really good.
It took a while, and several tries.
I wanted to start with a higher reward, but it made to many blocks in too fast a time.
Unless someone can come up with a reason not to, I think this is what we will go with.
I will wait a while for responses.
drm
legendary
Activity: 1176
Merit: 1005
Oh you worked this out nicely.
Yes this sounds really good.
legendary
Activity: 1294
Merit: 1039
ok, so I think I may have a good handle on the PoW settings:
start reward at 2 and reduce by .25
1)200,000 at 2    = 400,000
2)200,000 at 1.75 = 350,000
3)200,000 at 1.5  = 300,000
4)200,000 at 1.25 = 250,000
5)200,000 at 1    = 200,000
6)200,000 at .75  = 150,000
7)200,000 at .5   = 100,000
                  ---------
                  1,750,000  1.3 years
then the final reduction to .25 LCP
That takes us roughly to half way to the cap of 4,000,000

2 blocks a minute at 1,140 minutes in a day 2,280 blocks a day
2,280  at .25 is 570 bcf created
2,000,000 by 570 is 3,500 days (9.6 years)

Keep in mind these figures are for blocks created by mining alone, and does not figure in the staked blocks.
the more staked blocks - the less mined blocks.

sound good so far ?
drm
legendary
Activity: 1176
Merit: 1005
No mining yet (aside from POS ofcourse). No POW yet, soon though.
sr. member
Activity: 304
Merit: 250
Sync compleated Smiley
But I havent LCP.

How to mining?
Is there a mining pool?
legendary
Activity: 1294
Merit: 1039
I'm looking to buy litecoin plus, please D.M. thanks.
Yes - If any of you bag holders would like to move some coinage - let me know too as I only have 100 LCP
member
Activity: 107
Merit: 10
I'm looking to buy litecoin plus, please D.M. thanks.
legendary
Activity: 1294
Merit: 1039
I created a slack for LitecoinPlus. here is an invite like:
https://join.slack.com/t/litecoinplus-team/shared_invite/MjEyNzM5NzU3NjY0LTE1MDAxNTE0ODYtMTkxN2YwNzZjNw

This would be a good place to continue discussions on the changes and direction of LitecoinPlus, without cluttering up this information thread.
All are welcome to join and help mold the future of LitecoinPlus.

We can still post here of course, but I think we should try and keep the posts here on solid information so new people won't get confused as easily.
newbie
Activity: 17
Merit: 0
Small Announcement

We are happy to announce that we are reviving LiteCoinPlus+.

Find out More here:  LiteCoinPlus 2.0.
legendary
Activity: 1294
Merit: 1039
those of you that are tired of seeing the "checkpoint is too old ..." can download litecoinplus-qt-v2.0.2.2.zip
Download links can also be found on the website at http://LitecoinPlus.co

Also fixed the splash screen, and changed the way the version is printed.
legendary
Activity: 1294
Merit: 1039
Let's start with 10, we can optimally adjust the reward schedule later if needed.
That's how I am leaning right now, just thought I would 'put it out there' and see what others thought.

So - as it stands:
adjust the cap to 4 million
correct the stake to 15%
start PoW with 10 LCP and reduce by 1 LCP every 100,000 blocks ??

100,000 at 30 second block time = 50,000 minutes - about 34 days
humph, that doesn't sound right.
100,000 blocks at 2 blocks a minute, I guess it is right.

so start at 10 LCP and about 9 months later it's down to 1 LCP
Maybe should stretch it out a little longer.

Any suggestions?



 
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