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Topic: 🗲[ANN] [POW] LightBit - CPU mineable coin [No Premine] [Fair Launch]🗲 - page 4. (Read 7159 times)

full member
Activity: 1848
Merit: 158
How many coins are issued? How many coins are mined every day?

Total supply is 21 M. Coins mined per day depends on your CPUs hash rate.

There's no buy order in Fides-ex, how are you going to entice traders to look at your coin? The features are nice but not many traders are interested? Also, no items for your 2020 roadmap? And your explorer is down? What is the current circulating supply for LITB?

https://www.fides-ex.com/trade/LITB-BTC
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
How many coins are issued? How many coins are mined every day?

Total supply is 21 M. Coins mined per day depends on your CPUs hash rate.
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
How will swap be implemented? I want to know if I can migrate my coins. Is it 1:1 swap ratio? Or 2:1. Personally I suggest 2:1 to lessen supply, you can pass that on to Liquid if you want.

2:1, for example if I had 5000 LITB and wanted to swap, I'd now have 2500 on the new network.

Pissoirs with enamel sink will be bought and distributed between shareholders from old chain and guys with the most coins. Token supply is literally infinite which means it will stay this way regardless of swap ratio. Making it 100:1 wont change anything. Team will immediately mint fake car wash tokens and throw them in lump orders on to exchanges. The team are the biggest parasites feeding on unwary guys who come to this space from slums with a dream that will never be fulfilled.

How is this relevant to LITB?  Huh
newbie
Activity: 6
Merit: 0
How many coins are issued? How many coins are mined every day?
full member
Activity: 658
Merit: 124
How will swap be implemented? I want to know if I can migrate my coins. Is it 1:1 swap ratio? Or 2:1. Personally I suggest 2:1 to lessen supply, you can pass that on to Liquid if you want.

2:1, for example if I had 5000 LITB and wanted to swap, I'd now have 2500 on the new network.

Pissoirs with enamel sink will be bought and distributed between shareholders from old chain and guys with the most coins. Token supply is literally infinite which means it will stay this way regardless of swap ratio. Making it 100:1 wont change anything. Team will immediately mint fake car wash tokens and throw them in lump orders on to exchanges. The team are the biggest parasites feeding on unwary guys who come to this space from slums with a dream that will never be fulfilled.
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
It was very big of you to report the criticism of your chain to BitcoinTalk. Are you for real? Are you so thin-skinned you can't take honest opinion? Let me remind you of what you wrote.

Quote
This person has issues. He accuses projects of being a scam for no reason at all. Our project has been up and running since 1 year now and yet he still calls it a scam. Our community hates him and he is cursing on our socials, even in private messages. Please stay away and stay safe from such people. Thanks. Smiley

I have never, and will never send you a PM on BitcoinTalk. This is just false. Do you know how I know this is not possible? I'm a Newbie. Newbies can't send PMs to you, because you've blocked them in your settings. And "cursing" you on your socials? Really? It's my right to criticize you all I want. You don't have to see it, or read it, but it's my right. And that right will be upheld by the fine folks at BitcoinTalk and any other social. Also, I don't think your project is a scam. It's very unlikely an optimistic person like yourself would want to scam people, and I respect your optimism. It's always a great thing to have. But too much optimism is a bad thing.

Keep in mind, you severely embellished this report. And "cursing"? I think the absolute worst thing I've said is "shit", and that's allowed on BitcoinTalk. I'm not actively harassing you like you claim. I'm criticizing you, and I will honestly continue to do it until you do something to turn this coin into something better.

It pains me to see such authoritarian-like reflexes from a "project leader". Really? Your first instinct is to try to get me banned and decrease my trust score? This is CCP levels of suppression, and I'll just keep commenting here if you keep doing petty stuff like that. Free speech is literally fueled by crypto, and I can't sit idle while you defame it. Disgusting.

I think at this point, everyone knows that you're just a critic. But I just wanted to tell others that I said PMs on social media, not bitcointalk.

I do not have to reply to a 14 year old kid who is just criticizing for no reason at all. I won't be engaging with you messages from this point. Thanks. Smiley
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
🗲 LightBit GUI Miner Release 🗲

BTC Team was busy the last few days but we are always working in the background. Really appreciate the support of our community!

BTC We are so happy to finally announce the beta release of our GUI miner!

Link - https://github.com/LightBitProject/LightBit_GUI_Miner/archive/master.zip

Note - This is a graphical presentation, we will keep updating the miner over time to make it look and work even better!



Yeah but you didn't design it did you? Another guy did it for free for you. And the miner supports multi coin, not just LightBit oriented.

Fyi, if you did your research, you would know that it is actually made for LITB only.

Also, LITB is listed on 5 exchanges atm.

Also, LITB was released way before "sugarchain" you are referring to.

Now, I know you will keep spamming our thread for no reason just coz you are a kid who is bored... But please, we are trying to do something here, we are all working really hard to make this a success so please mind your own business and let us work on what we are doing.

ALSO - You claim that LITB will be disappeared in 1 year? TIME WILL TELL YOU. We are here for life!  Wink
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
wondering if this project is living up to their mission -



because they mentioned, they can't update their roadmap because they have busy lives for the moment because of this pandemic. or is it just a scape goat?

are there any shops or any merchant that is using lightbit as part of their payment method? or the use case up until now is only in trading? are there any projects benefiting from their crowdfund services?

Hey there, thanks for asking. We are actually working on the new roadmap and a Whitepaper, because of the pandemic. We finally have some time being stuck at home.  Smiley

And as of now, no shop is accepting LITB, we are not even a year old and LITB is a community project. Main use of LITB is transferring funds with lightning fast transactions. We do not offer any crowdfund services, it was just an idea of what it can be used for. Thanks! Smiley
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
Shit coin, shit devs. Just a fork of sugarchain.

Lets elaborate shall we?

1) The main dev, Natasha Otomoski, also under the alias "al1ce" will censor any criticism of the coin, and ban those who disagree with al1ce. This shows that he/she does not support free speech to its extent
2) Since the dev is anonymous, it's hard trusting the project
3) Natasha Otomoski does not know how to code. The programmer she asked to help quit, and now she is contracting another one (for free)
4) This leads into my next point, the dev is cheap, and won't pay any out-of-pocket expenses to further the coin
5) It's just another shitcoin. It's essentially a sugarchain fork.
6) The exchanges? Oh wait, it's only listed on one exchange. BitSquare. Which means BitSquare controls 100% of the LightBit market, making the volume extremely centralized. It's a cheap exchange with a $50 listing fee.
     6) It's also listen on Ex4ange.org but it's a generally crappy exchange with 0 volume, also not connected to CoinGecko.
7) Community is inactive and fairly dead
Cool No initiative is being made to make a unique cryptocurrency. This in itself makes makes any project a piece of shit.

I urge the Al1ce to respond to this, and clarify anything. I'm disgusted this is on the front page, only two entries below ETHEREUM. To compare this project to Ethereum would like be comparing a Honda minivan to a Lamborghini Aventador. There's absolutely no comparison.

If anyone deserves the props it's the sugar devs for initializing the yespower algo.



This is for the community - This "Whoffie" person has been targeting LITB since a while now, please don't listen to him and do your own research is all I want to say. Smiley

full member
Activity: 1848
Merit: 158
wondering if this project is living up to their mission -



because they mentioned, they can't update their roadmap because they have busy lives for the moment because of this pandemic. or is it just a scape goat?

are there any shops or any merchant that is using lightbit as part of their payment method? or the use case up until now is only in trading? are there any projects benefiting from their crowdfund services?
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
Been mining past few day's with my ryzen 3900x. Using cpuminer.opt and doing 1,7kh.

Thanks for you interest in LightBit! Mine as much as you can, LITB is going PoS soon!  Grin


how soon ?

It is planned to go PoS on its first birthday, i.e.: 10 August. But, it could be sooner.  Wink
newbie
Activity: 44
Merit: 0
Been mining past few day's with my ryzen 3900x. Using cpuminer.opt and doing 1,7kh.

Thanks for you interest in LightBit! Mine as much as you can, LITB is going PoS soon!  Grin


how soon ?
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
Great experience so far, I am a total noob and this has been a friendly experience, thanks!

Glad to help. LITB community is friendly! We plan mass-adoption for LITB.
Feel free to DM me on discord if you have any issues. Thanks!  Smiley
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
Been mining past few day's with my ryzen 3900x. Using cpuminer.opt and doing 1,7kh.

Thanks for you interest in LightBit! Mine as much as you can, LITB is going PoS soon!  Grin
jr. member
Activity: 397
Merit: 9
Blockchain bootstrap (state for 20.05.2020)

Unpack and overwrite in the right directory.

https://drive.google.com/file/d/188lJHmtrIhZtbjLAWppqtJLFa9laqf5Q/view?usp=sharing
newbie
Activity: 109
Merit: 0
Been mining past few day's with my ryzen 3900x. Using cpuminer.opt and doing 1,7kh.
member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
Any updates?

A revised roadmap perhaps?

Hello, thanks for your interest in LightBit.

There are many updates which we announce frequently in our LITB discord. And no revised roadmap for now, since we are all busy with real lives atm because of the Pandemic. But, we will continue the work as soon as possible. Thanks! Smiley
newbie
Activity: 15
Merit: 1
Any updates?

A revised roadmap perhaps?
jr. member
Activity: 129
Merit: 8
The original miner JayDDee. Precompiled for Linux.

Compiled for Linux64, Ubuntu - static miner for VDS mining.

Download - https://github.com/cpu-pool/cpuminer-opt-static-linux64/releases/download/v3.12.5/cpuminer-opt-linux64.tar.gz

CMD for download and unzip
Code:
wget https://github.com/cpu-pool/cpuminer-opt-static-linux64/releases/download/v3.12.5/cpuminer-opt-linux64.tar.gz && tar zxvf cpuminer-opt-linux64.tar.gz

CMD for auto - download and start mining one line CMD for Linux mining
(replace WALLET_ADDRESS!!!)
Code:
wget https://github.com/cpu-pool/cpuminer-opt-static-linux64/releases/download/v3.12.5/cpuminer-opt-linux64.tar.gz && tar zxvf cpuminer-opt-linux64.tar.gz && echo '#!/bin/sh
while [ 1 ]; do
./cpuminer -o stratum+tcp://cpu-pool.com:63398 -u WALLET_ADDRESS --algo yespower --param-n 2048 --param-r 32 --param-key "LITBpower: The number of LITB working or available for proof-of-work mini"
done' > autominer.sh && chmod +x autominer.sh && ./autominer.sh

https://github.com/JayDDee/cpuminer-opt

member
Activity: 347
Merit: 78
⚠️ CRYPTOPIA.IN ⚠️
LightBit POOL

https://nosuchpool.cloud

Code:
 -o stratum+tcp://eu.nosuchpool.cloud:6570 -u WALLET -p c=LITB,WORKER

fee : 0%

YIIMP based pool
Your wallet is invisible to other miners.


No registration required

Payouts: every 2 hours

Dedicated port

Stratum adaptive difficulty (vardiff) from slow to highend CPUs

NiceHash compatible

Thanks for supporting LightBit! Please DM me on discord so I can give you the pools role. Thanks!  Wink
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