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Topic: [ANN][LSD] Lightspeed | NIST5 PoW/PoS - September RoadMap released! - page 8. (Read 52936 times)

legendary
Activity: 1540
Merit: 1001
Crypto since 2014
Is there a Linux wallet Bounty?
Please PM me if there is so I can make the wallet for you.
Nice coin specs btw.
full member
Activity: 406
Merit: 112
You can say what you want about this coin. But the transaction time is really fast.

Wonder what will be the judgment of Crypto Asian!

Btw keep selling me cheap coins  Grin

 Grin take the rest for speculation, i love this Cheesy
hero member
Activity: 656
Merit: 500
Don't Trust Words
You can say what you want about this coin. But the transaction time is really fast.

Wonder what will be the judgment of Crypto Asian!

Btw keep selling me cheap coins  Grin
full member
Activity: 406
Merit: 112
That wallet address LLfcSspY7XJQUUrgXVEfy6A2qkc8mu4miN is the address of nomp pool bitops , so the big hash at start was on that pool

You sure about that?  Cause they were mining from block 1 and what I find interesting is that the dev said he was mining solo at the start and was posting for pools to get involved.

So who are they?  A "reputable" pool or actually part of some of these launch, rape mine and dump operations.

I compared the last block found on that address with the block found on others pools ,and that was the first pool up when the coin was lunched with a big hash on it  "Total Received   250919.93480322"

oldboy11 - September 04, 2014, 11:28:42 PM - "blocks : 90"

lightspeedLS - September 04, 2014, 11:39:00 PM - "COntacting pool operators now, solo mine is so hard now !!"

lightspeedLS - September 05, 2014, 12:15:54 AM - "Need pool now! Willing to pay btc bounty. Cannot solo mine anymore and was going to use mined coins to help build community. Pls help"

gr1mly - September 05, 2014, 12:16:57 AM - "Dev has contacted me to get a pool online. Working on it now, will update when it's ready."

lightspeedLS - September 05, 2014, 12:28:56 AM - "Pool is live, thank u delltop http://lsd.poolc.net"


90 blocks mined (first 66 were to that wallet address out of the gate) and the dev is saying he's mining solo and he's calling for pools to help.  gr1mly (new account) has http://lsd.bitops.me in his sig.  Yet the first block mined was with that Wallet address with massive mining hash going on given it ended up with 250k coins.  So yeah looks like a bit of deception going on there if that address is for bitops.me

U mean Dev and all scam by soloFaker?
...

HAHAHAHAHAHAHHAHAHAHAHAHAHA.
sr. member
Activity: 686
Merit: 320
That wallet address LLfcSspY7XJQUUrgXVEfy6A2qkc8mu4miN is the address of nomp pool bitops , so the big hash at start was on that pool

You sure about that?  Cause they were mining from block 1 and what I find interesting is that the dev said he was mining solo at the start and was posting for pools to get involved.

So who are they?  A "reputable" pool or actually part of some of these launch, rape mine and dump operations.

I compared the last block found on that address with the block found on others pools ,and that was the first pool up when the coin was lunched with a big hash on it  "Total Received   250919.93480322"

oldboy11 - September 04, 2014, 11:28:42 PM - "blocks : 90"

lightspeedLS - September 04, 2014, 11:39:00 PM - "COntacting pool operators now, solo mine is so hard now !!"

lightspeedLS - September 05, 2014, 12:15:54 AM - "Need pool now! Willing to pay btc bounty. Cannot solo mine anymore and was going to use mined coins to help build community. Pls help"

gr1mly - September 05, 2014, 12:16:57 AM - "Dev has contacted me to get a pool online. Working on it now, will update when it's ready."

lightspeedLS - September 05, 2014, 12:28:56 AM - "Pool is live, thank u delltop http://lsd.poolc.net"


90 blocks mined (first 66 were to that wallet address out of the gate) and the dev is saying he's mining solo and he's calling for pools to help.  gr1mly (new account) has http://lsd.bitops.me in his sig.  Yet the first block mined was with that Wallet address with massive mining hash going on given it ended up with 250k coins.  So yeah looks like a bit of deception going on there if that address is for bitops.me
sr. member
Activity: 252
Merit: 250
That awkward moment when trolls spam the hell out of this new coin while still building the community just to get cheap coins, now they are bagholding Roll Eyes It will probably take a whole month if this coin wants to recover, and investors stay away and move to the next coin. Grin
hero member
Activity: 616
Merit: 500
its nothing new there are always scams in crypto
hero member
Activity: 616
Merit: 500
wow who ever owned that 250k wallet address made shit load of money what a scam
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

It was 250k coins in a week and they mined the first 66 blocks (5280 coins) solo before others finally got in.  Plus if you read the first few pages you'll see there was massive hash going on most likely in a private pool.  I posted the wallet address if you had cared to actually check it out.

The lesson here,  besides having people actually check over the code, is that people need to watch the blockchain to spot that sort of mining going on.

That wallet address LLfcSspY7XJQUUrgXVEfy6A2qkc8mu4miN is the address of nomp pool bitops , so the big hash at start was on that pool

You sure about that?  Cause they were mining from block 1 and what I find interesting is that the dev said he was mining solo at the start and was posting for pools to get involved.

So who are they?  A "reputable" pool or actually part of some of these launch, rape mine and dump operations.

I compared the last block found on that address with the block found on others pools ,and that was the first pool up when the coin was lunched with a big hash on it  "Total Received   250919.93480322"
sr. member
Activity: 686
Merit: 320
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

It was 250k coins in a week and they mined the first 66 blocks (5280 coins) solo before others finally got in.  Plus if you read the first few pages you'll see there was massive hash going on most likely in a private pool.  I posted the wallet address if you had cared to actually check it out.

The lesson here,  besides having people actually check over the code, is that people need to watch the blockchain to spot that sort of mining going on.

That wallet address LLfcSspY7XJQUUrgXVEfy6A2qkc8mu4miN is the address of nomp pool bitops , so the big hash at start was on that pool

You sure about that?  Cause they were mining from block 1 and what I find interesting is that the dev said he was mining solo at the start and was posting for pools to get involved.

So who are they?  A "reputable" pool or actually part of some of these launch, rape mine and dump operations.
member
Activity: 84
Merit: 10
I OFF TO BED JUST FACE IT IVE LOST 0.19 BITCOIN COULD BE WORSE ...watch 100 pages of what the fuck as gone on...lol lol watch 8 hours from now...ive had it with crypto never buy wait 2 to 3 weeks before i ever buy again  AND IPO PRICES STAY AWAY FROM THEM TOO ........JOKE ...
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

It was 250k coins in a week and they mined the first 66 blocks (5280 coins) solo before others finally got in.  Plus if you read the first few pages you'll see there was massive hash going on most likely in a private pool.  I posted the wallet address if you had cared to actually check it out.

The lesson here,  besides having people actually check over the code, is that people need to watch the blockchain to spot that sort of mining going on.

That wallet address LLfcSspY7XJQUUrgXVEfy6A2qkc8mu4miN is the address of nomp pool bitops , so the big hash at start was on that pool
full member
Activity: 139
Merit: 100
Just curious why the coin is so hot...anyone explain?
HzE
full member
Activity: 161
Merit: 100
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

Where did you pull that somebody individual guy holds 500k? There are miners with nearly 1mil KH/S so their dumping can be the main cause for price going down + fudding + panicing
OMG i am not saying 500k read i am saying some 1 mined a lot to dump that many TO MAKE IT DROP 38K TO 13K IN 1 SECOND NO WAY

Well thats a mystery.. I didnt mine this at the beginning so i dont know how long the diff was low. Low diff and one big miner just vacuums the coins with 1mil kh/s =P

Seems that the diff is going up by the way..
HzE
full member
Activity: 161
Merit: 100
op says total supply 900,000

but on github source

https://github.com/lightspeedcrypto/lightspeed/blob/master/src/main.h#L39

Line39.

Code:
static const int64_t MAX_MONEY = 1500000 * COIN;

what?

That doesn't matter as it's only used as a boundary check and the majority of devs that fork others code are too lazy to change that.  Plus, I think it would mess things up due to POS. i.e. if that was set at 900000, then POS coins would probably not be generated and since you don't really know how many would be generated, you can't really set that to a "real" number.

The actual proof of work code determines how many coins are generated.

devs should care maybe more. Because these codes are alarming. It's a boundary. So that it doesn't allow anything more than 1500000 to be generated. The it could have been set somewhere like 1000000. If someone says MAXcoins 900000. Then they should probably set the max allwed to 900000.

Just saying. NO fud. I have no personal interest here. Did not invest, and will not invest.

I get what you're saying, but those that know the code know that that value doesn't matter. And as I said, 910k is POW. Then you have POS on top of that over X years and variable staking.  So how could one actually set that to a "real" number.  i.e. If all 910k coins were staking @ 3% per year, it would overflow that 1500000 in roughly 15 years.  So you can't really set that too low.




alright it makes sense this way. But usually devs set a maximum coins including the POS. Since they're also coins. They should set a max number whether there'll be pos or not. But its not a scam. I think it's just the early miners wo got large number of coins.

The "devs" that come out with these fast release coins simply fork existing code, change the name of it, modify the reward structure and maybe a few other minor things and then launch it.  There was a reference to Zerocoin in the source so that was the coin it was forked from.

Thats the way it goes it seems. Almost every coin has "copy-paste"
member
Activity: 84
Merit: 10
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

Where did you pull that somebody individual guy holds 500k? There are miners with nearly 1mil KH/S so their dumping can be the main cause for price going down + fudding + panicing
OMG i am not saying 500k read i am saying some 1 mined a lot to dump that many TO MAKE IT DROP 38K TO 13K IN 1 SECOND NO WAY
sr. member
Activity: 686
Merit: 320
op says total supply 900,000

but on github source

https://github.com/lightspeedcrypto/lightspeed/blob/master/src/main.h#L39

Line39.

Code:
static const int64_t MAX_MONEY = 1500000 * COIN;

what?

That doesn't matter as it's only used as a boundary check and the majority of devs that fork others code are too lazy to change that.  Plus, I think it would mess things up due to POS. i.e. if that was set at 900000, then POS coins would probably not be generated and since you don't really know how many would be generated, you can't really set that to a "real" number.

The actual proof of work code determines how many coins are generated.

devs should care maybe more. Because these codes are alarming. It's a boundary. So that it doesn't allow anything more than 1500000 to be generated. The it could have been set somewhere like 1000000. If someone says MAXcoins 900000. Then they should probably set the max allwed to 900000.

Just saying. NO fud. I have no personal interest here. Did not invest, and will not invest.

I get what you're saying, but those that know the code know that that value doesn't matter. And as I said, 910k is POW. Then you have POS on top of that over X years and variable staking.  So how could one actually set that to a "real" number.  i.e. If all 910k coins were staking @ 3% per year, it would overflow that 1500000 in roughly 15 years.  So you can't really set that too low.




alright it makes sense this way. But usually devs set a maximum coins including the POS. Since they're also coins. They should set a max number whether there'll be pos or not. But its not a scam. I think it's just the early miners wo got large number of coins.

The "devs" that come out with these fast release coins simply fork existing code, change the name of it, modify the reward structure and maybe a few other minor things and then launch it.  There was a reference to Zerocoin in the source so that was the coin it was forked from.
member
Activity: 84
Merit: 10
watch bitrex the bit coin will be gone soon and their wallet will be closed  and we got 7 days to withdraw..shitty coins...bittrex prob work with half of these devs ..prob bittrex devs making new coins to scam every 1 ...its well going on that..the exchanges make there own coins to suck every 1 bitcoin
HzE
full member
Activity: 161
Merit: 100
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

Where did you pull that somebody individual guy holds 500k? There are miners with nearly 1mil KH/S so their dumping can be the main cause for price going down + fudding + panicing
sr. member
Activity: 686
Merit: 320
So code checks allright and dump came from big miner...



so how does 1 miner mine 500k in 1 day not saying that many for sure .. but how some 1 mine so many unless it fixed..right say iam the dev  i start mining for coins to create a blockchain mine it for 3 days before i tell any 1 the coin will be ready to mine...well thats a scam too...so in every way this coin is a scam

It was 250k coins in a week and they mined the first 66 blocks (5280 coins) solo before others finally got in.  Plus if you read the first few pages you'll see there was massive hash going on most likely in a private pool.  I posted the wallet address if you had cared to actually check it out.

The lesson here,  besides having people actually check over the code, is that people need to watch the blockchain to spot that sort of mining going on.
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