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Topic: [ANN] LiteDoge - such Community coin | no premine | very fast | much profit - page 14. (Read 125384 times)

sr. member
Activity: 426
Merit: 250

By the way, is the LiteDoge developer active or is LDOGE maintained by users of the community?  Huh

If you mean the original "developer" of Litedoge, no, he is not active at all. In fact he abandoned the coin.
Litedoge is maintained by a group of developers / members of the community.
You can contact the dev team in the IRC Channel: https://kiwiirc.com/client/irc.kiwiirc.com/#Litedoge
They love hearing comments, ideas or suggestions
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Thanks for sharing this useful information. I think I'm going to stake my LiteDoge full time on my Raspberry Pi 2 running 24/7. Also, I would buy a very huge amount of them for staking and see how much I would earn (as they are really cheap right now)  Grin

Oh yeah, that's right.  I was chatting with you in PM a couple months ago correct?  Glad we have a Raspberry Pi build now and you can join the party.  Also, you are correct.  LDOGE is at 1 satoshi and staking rewards are still very lucrative.  If LDOGE can escape it's 1 satoshi rut one day and ultimately become a success, there is no better time to invest than now.

I'm so excited that the Raspberry Pi build is all ready for use. I have been waiting good time for this to happen and now it is finally a dream come true. Right now, I'm over 2 million LDOGE and slowly growing my stash everyday.  Grin

By the way, is the LiteDoge developer active or is LDOGE maintained by users of the community?  Huh
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
Thanks for sharing this useful information. I think I'm going to stake my LiteDoge full time on my Raspberry Pi 2 running 24/7. Also, I would buy a very huge amount of them for staking and see how much I would earn (as they are really cheap right now)  Grin

Oh yeah, that's right.  I was chatting with you in PM a couple months ago correct?  Glad we have a Raspberry Pi build now and you can join the party.  Also, you are correct.  LDOGE is at 1 satoshi and staking rewards are still very lucrative.  If LDOGE can escape it's 1 satoshi rut one day and ultimately become a success, there is no better time to invest than now.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Thanks for sharing this useful link. Exactly how does staking difficulty work? The more difficultly there is on the network, the less staking reward you will get, or is the reward based on stake weight? Sorry for asking, I'm very familiar with coin staking.  Grin

I find it useful to view things in terms of proportion when it comes to POS, especially POS 2.0.  View things in terms of percentages rather than raw absolute numbers.

The answer to your question is yes, when staking difficulty rises you will get lower rewards.  Not because the block reward of 20,000 changes, but because there is more competition on the network and you represent a smaller percentage of the total coins staking.

There are 1350 blocks mined per day, each rewarding 20,000 LDOGE.  If 100% of all LDOGE is being staked 24/7 and you are staking 1% of all LDOGE, you should expect to hit on average 13.5 blocks per day.  BUT we know not 100% of all coins will ever be staking 24/7.  If only 50% of the total coins are staking every day rather than 100% and you stake your same 1% of coins 24/7, you should expect to get 2% of new blocks or an average of 27 blocks per day.

By counting the number of blocks I mined in the past 24 hours, comparing it to the number of blocks I should expect to mine if 100% of LDOGE were being staked, and doing some quick and dirty math I can roughly estimate that about 63% of all LDOGE was actively staking in the last 24 hours.

So, if you want to get an idea of how many coins you can expect per day, use this formula IF you will be able to stake 24/7. 

((Your total # of LDOGE) / (The total # of LDOGE in existence, found by entering 'getinfo' in the console in case you weren't aware)) x 1350 x 20000 x 1.582

The 1.582 represents a multiplier that reflects my rough estimate of 63% of coins actively staking.

Thanks for sharing this useful information. I think I'm going to stake my LiteDoge full time on my Raspberry Pi 2 running 24/7. Also, I would buy a very huge amount of them for staking and see how much I would earn (as they are really cheap right now)  Grin
hero member
Activity: 770
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
All I know is there are some heavy holders out there for this coin because I have a hell of a time hitting any blocks every 2 or 3 days lol But it's all good cause I just slowly keep building my LDOGE supply up slowly but surely Cheesy Cheers
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
Thanks for sharing this useful link. Exactly how does staking difficulty work? The more difficultly there is on the network, the less staking reward you will get, or is the reward based on stake weight? Sorry for asking, I'm very familiar with coin staking.  Grin

I find it useful to view things in terms of proportion when it comes to POS, especially POS 2.0.  View things in terms of percentages rather than raw absolute numbers.

The answer to your question is yes, when staking difficulty rises you will get lower rewards.  Not because the block reward of 20,000 changes, but because there is more competition on the network and you represent a smaller percentage of the total coins staking.

There are 1350 blocks mined per day, each rewarding 20,000 LDOGE.  If 100% of all LDOGE is being staked 24/7 and you are staking 1% of all LDOGE, you should expect to hit on average 13.5 blocks per day.  BUT we know not 100% of all coins will ever be staking 24/7.  If only 50% of the total coins are staking every day rather than 100% and you stake your same 1% of coins 24/7, you should expect to get 2% of new blocks or an average of 27 blocks per day.

By counting the number of blocks I mined in the past 24 hours, comparing it to the number of blocks I should expect to mine if 100% of LDOGE were being staked, and doing some quick and dirty math I can roughly estimate that about 63% of all LDOGE was actively staking in the last 24 hours.

So, if you want to get an idea of how many coins you can expect per day, use this formula IF you will be able to stake 24/7. 

((Your total # of LDOGE) / (The total # of LDOGE in existence, found by entering 'getinfo' in the console in case you weren't aware)) x 1350 x 20000 x 1.582

The 1.582 represents a multiplier that reflects my rough estimate of 63% of coins actively staking.
legendary
Activity: 1890
Merit: 1031
sr. member
Activity: 426
Merit: 250

Thanks for sharing this useful link. Exactly how does staking difficulty work? The more difficultly there is on the network, the less staking reward you will get, or is the reward based on stake weight? Sorry for asking, I'm very familiar with coin staking.  Grin

Stake is currently at 20,000 coins per block. When you have more weight, your stakes increase, you get stakes more frequently. Also, when more people are staking (thus increasing network weight), the difficulty goes up.

Edit: also, be sure that we are keeping an eye on Yobit and Cryptopia. Right now the demand to buy is low but if it increases we can cover it. There is no reason to put coins for sale and let them just sitting there, when we can use them to stake instead.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
What happened to LiteDoge exchanges? I tried going to the Bittrex exchange site, but it looks like they have removed the LDOGE to BTC market. All I get is a message stating that the Page could not be found. Any hints? Also, I've checked Coinmarketcap, but on the markets list there is 0% volume trading on all of them. Is this coin dead already?  Huh

LDOGE is currently trading on Yobit and Cryptopia.  It's a shame that bittrex delisted due to inactivity, but that is because most are staking the coin right now.  It has currently been raising in difficulty to the highest level of difficulty that it has ever been at.  Fewer are selling and instead staking.  Bittrex does not like that because they make less money off of people holding their coins rather then selling.

Now that is a relief, but I can still see that Coinmarketcap has not updated its market stats, so all it says is that LDOGE has 0% volume trading on all markets. That is why I thought it was dead. Any ideas on how to to know current staking difficulty?

You can get the staking difficulty from the explorer...http://www.presstab.pw/phpexplorer/LDOGE/

Thanks for sharing this useful link. Exactly how does staking difficulty work? The more difficultly there is on the network, the less staking reward you will get, or is the reward based on stake weight? Sorry for asking, I'm very familiar with coin staking.  Grin
sr. member
Activity: 444
Merit: 250
What happened to LiteDoge exchanges? I tried going to the Bittrex exchange site, but it looks like they have removed the LDOGE to BTC market. All I get is a message stating that the Page could not be found. Any hints? Also, I've checked Coinmarketcap, but on the markets list there is 0% volume trading on all of them. Is this coin dead already?  Huh

LDOGE is currently trading on Yobit and Cryptopia.  It's a shame that bittrex delisted due to inactivity, but that is because most are staking the coin right now.  It has currently been raising in difficulty to the highest level of difficulty that it has ever been at.  Fewer are selling and instead staking.  Bittrex does not like that because they make less money off of people holding their coins rather then selling.

Now that is a relief, but I can still see that Coinmarketcap has not updated its market stats, so all it says is that LDOGE has 0% volume trading on all markets. That is why I thought it was dead. Any ideas on how to to know current staking difficulty?

You can get the staking difficulty from the explorer...http://www.presstab.pw/phpexplorer/LDOGE/
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
What happened to LiteDoge exchanges? I tried going to the Bittrex exchange site, but it looks like they have removed the LDOGE to BTC market. All I get is a message stating that the Page could not be found. Any hints? Also, I've checked Coinmarketcap, but on the markets list there is 0% volume trading on all of them. Is this coin dead already?  Huh

LDOGE is currently trading on Yobit and Cryptopia.  It's a shame that bittrex delisted due to inactivity, but that is because most are staking the coin right now.  It has currently been raising in difficulty to the highest level of difficulty that it has ever been at.  Fewer are selling and instead staking.  Bittrex does not like that because they make less money off of people holding their coins rather then selling.

Now that is a relief, but I can still see that Coinmarketcap has not updated its market stats, so all it says is that LDOGE has 0% volume trading on all markets. That is why I thought it was dead. Any ideas on how to to know current staking difficulty?
sr. member
Activity: 298
Merit: 250
What happened to LiteDoge exchanges? I tried going to the Bittrex exchange site, but it looks like they have removed the LDOGE to BTC market. All I get is a message stating that the Page could not be found. Any hints? Also, I've checked Coinmarketcap, but on the markets list there is 0% volume trading on all of them. Is this coin dead already?  Huh

LDOGE is currently trading on Yobit and Cryptopia.  It's a shame that bittrex delisted due to inactivity, but that is because most are staking the coin right now.  It has currently been raising in difficulty to the highest level of difficulty that it has ever been at.  Fewer are selling and instead staking.  Bittrex does not like that because they make less money off of people holding their coins rather then selling.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
What happened to LiteDoge exchanges? I tried going to the Bittrex exchange site, but it looks like they have removed the LDOGE to BTC market. All I get is a message stating that the Page could not be found. Any hints? Also, I've checked Coinmarketcap, but on the markets list there is 0% volume trading on all of them. Is this coin dead already?  Huh
full member
Activity: 233
Merit: 100


... LiteDoge such fun ...

@litedoge, please contact Mr_Sheesh on IRC so we can update the website, etc.  Crunck has made it clear he wants no part of it.  We (the dev team) need access to litedoge.org and anything else you no longer want to support.  Thank you.
sr. member
Activity: 426
Merit: 250
Great news guys...we now have official raspberry pi wallets (thanks to Fuzzbawls)!

These wallets were built using a Raspberry Pi2 and have been tested on both Raspbian Wheezy and Raspbian Jessie.  They should run on the regular Raspberry Pi Model B+ as well but have not been tested on that platform.

Here are the download links:
Daemon: https://bitbucket.org/ctgiant/litedoge/downloads/litedoged-daemon-RaspberryPi-v3.2.1.1.tar.gz
Daemon's Virustotal: https://www.virustotal.com/en/url/583f34ca3ef664a59dc48055ef2af2a539b2aad49e3cd2fe3fb404827ea9685a/analysis/1447993715/

QT Wallet: https://bitbucket.org/ctgiant/litedoge/downloads/Litedoge-Qt-RaspberryPi-v3.2.1.1.tar.gz
QT Wallet's Virustotal: https://www.virustotal.com/en/url/f642c058a4632b67fbab87a6fdb067f1f5b39a6b1b5b47d3ddc50902aa79bbf0/analysis/1447993936/

heavensopen - Please add to the OP when you get a chance.

Great news indeed!
I will put them asap

and... I have a Pi B+ currently sitting and waiting for miners I have ordered, so I will probably test it on there too!
hero member
Activity: 1274
Merit: 511
hey
i have 1/10 generated but not accepted
i have often this issue, each time i have to all delete and re download the chain but its boring and very long
someone advised me to sync the internet time but that dont solve the issue
is someone would have a solution?
or at least how i could save the chain for save time?
thanks

there are two reasons this may be happening, besides syncing time:
1. slow internet connection and
2. poor performance of the computer running the wallet

in both cases, someone else manages to solve the block just a split second before you do, so your solution gets invalidated

I had the same issue on a slow machine before, a workaround was to shut down and restart the wallet every 10-12 hours

Right now, I get a "not accepted" block for every 10 accepted ones in average. If I push the machine to its limits, the ratio gets worse to 1 per 5.

As for redownloading chain, see the OP to download the bootstrap file, this can speed up the process. We may have to make a new one though as it is already a few days old.

yes its my pc who sucks, i have 4 wallet running + an other program
i gonna test ur trick, close and reopen wallet twice by day

thanks
sr. member
Activity: 298
Merit: 250
Great news guys...we now have official raspberry pi wallets (thanks to Fuzzbawls)!

These wallets were built using a Raspberry Pi2 and have been tested on both Raspbian Wheezy and Raspbian Jessie.  They should run on the regular Raspberry Pi Model B+ as well but have not been tested on that platform.

Here are the download links:
Daemon: https://bitbucket.org/ctgiant/litedoge/downloads/litedoged-daemon-RaspberryPi-v3.2.1.1.tar.gz
Daemon's Virustotal: https://www.virustotal.com/en/url/583f34ca3ef664a59dc48055ef2af2a539b2aad49e3cd2fe3fb404827ea9685a/analysis/1447993715/

QT Wallet: https://bitbucket.org/ctgiant/litedoge/downloads/Litedoge-Qt-RaspberryPi-v3.2.1.1.tar.gz
QT Wallet's Virustotal: https://www.virustotal.com/en/url/f642c058a4632b67fbab87a6fdb067f1f5b39a6b1b5b47d3ddc50902aa79bbf0/analysis/1447993936/

heavensopen - Please add to the OP when you get a chance.

That's GREAT news ctgiant!  Don't you also have a working wallet for the ODroid?  It costs about the same and is faster than the RaspberryPi 2...

I do.  I'm working on a static build instead of an image though to make the download size more reasonable.  That and people can just add it to their existing ODroid Ubuntu OS if they are already using one.
full member
Activity: 233
Merit: 100
Great news guys...we now have official raspberry pi wallets (thanks to Fuzzbawls)!

These wallets were built using a Raspberry Pi2 and have been tested on both Raspbian Wheezy and Raspbian Jessie.  They should run on the regular Raspberry Pi Model B+ as well but have not been tested on that platform.

Here are the download links:
Daemon: https://bitbucket.org/ctgiant/litedoge/downloads/litedoged-daemon-RaspberryPi-v3.2.1.1.tar.gz
Daemon's Virustotal: https://www.virustotal.com/en/url/583f34ca3ef664a59dc48055ef2af2a539b2aad49e3cd2fe3fb404827ea9685a/analysis/1447993715/

QT Wallet: https://bitbucket.org/ctgiant/litedoge/downloads/Litedoge-Qt-RaspberryPi-v3.2.1.1.tar.gz
QT Wallet's Virustotal: https://www.virustotal.com/en/url/f642c058a4632b67fbab87a6fdb067f1f5b39a6b1b5b47d3ddc50902aa79bbf0/analysis/1447993936/

heavensopen - Please add to the OP when you get a chance.

That's GREAT news ctgiant!  Don't you also have a working wallet for the ODroid?  It costs about the same and is faster than the RaspberryPi 2...
sr. member
Activity: 298
Merit: 250
Great news guys...we now have official raspberry pi wallets (thanks to Fuzzbawls)!

These wallets were built using a Raspberry Pi2 and have been tested on both Raspbian Wheezy and Raspbian Jessie.  They should run on the regular Raspberry Pi Model B+ as well but have not been tested on that platform.

Here are the download links:
Daemon: https://bitbucket.org/ctgiant/litedoge/downloads/litedoged-daemon-RaspberryPi-v3.2.1.1.tar.gz
Daemon's Virustotal: https://www.virustotal.com/en/url/583f34ca3ef664a59dc48055ef2af2a539b2aad49e3cd2fe3fb404827ea9685a/analysis/1447993715/

QT Wallet: https://bitbucket.org/ctgiant/litedoge/downloads/Litedoge-Qt-RaspberryPi-v3.2.1.1.tar.gz
QT Wallet's Virustotal: https://www.virustotal.com/en/url/f642c058a4632b67fbab87a6fdb067f1f5b39a6b1b5b47d3ddc50902aa79bbf0/analysis/1447993936/

heavensopen - Please add to the OP when you get a chance.
sr. member
Activity: 298
Merit: 250
Hey, anyone know how to make a decent conf. file?
Every time, my wallet gets closed, I have no nodes.
I have to add nodes manually in rpc. Then, if wallet
gets closed. I have to add nodes manually again.
I could just add the nodes in note pad, then put in
roaming app data folder. But does not seem to work that way.
If someone make a decent conf. file that works, i will give them
500k Lite Doge. then put it on the OP also, so others can use it.
I get the nodes from presstab's block explorer.
http://www.presstab.pw/phpexplorer/LDOGE/nodes.php

Peace, Dennis

P.S. I will check out Yobit for the coin giveaway, I have a few I could add there as well!

Dennis - Here is a conf file with many addnodes taken from my block explorer a few months ago.  It gets my local QT wallet 20-40 connections.  Name it litedoge.conf (lowercase) and put it in the AppData folder.

http://pastebin.com/wfdjASQD

Hope this helps you and anyone else who might be having issues.
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