Topic: [ANN][LTCR] Litecred - [QUBIT][8 MB][MINING][FIXED POW/POS SUBSIDY] LAUNCHED - page 40. (Read 86444 times)

Developer:
i send you a PM message with tips for the promotion of the coin.

yeah, but what to see:
the airdrop was highly exploited...

GJ man, thank you !

Btw where u have that price there from ? =)

LITECRED Official Explorer:
http://litecredexp.ddns.net/

For Thaiti and Pitcairn GPU based, download this Optimized SGminer:
http://cryptomining-blog.com/4819-new-sgminer-with-optimized-quark-and-qubit-kernels/

There are actually 2 pools I know about. But second one isnt in use actually, so might be solo yeah.

This is second one btw http://kryptos.podzone.net

Probably solo farm is mining hard

my fault sry 

but yes it could be a privat farm
i haven't read about another pool

We are talking about the difference between nethash and pool hash

It is the first pool for this coin 

It can be a solo mining farm too

what is going on, a new pool? ltcr.maxminers.net


Pool Hashrate

792.22 MH/s

Net Hashrate

2,238.99 MH/s

where mining is?

Probably the age (how long did the block mature) and the blocksize (how many coins are in that address/block) will decide what block wins the race. So every address is a single block waiting to win a stake.
As soon as your block won the stake it will be not available to stake until it gets the needed confirmations for the stake and the 6 hours to mature.

At least I think it will work like that. I only really staked clams yet tho.

I requested the coin at Yobit (free offer) - lets get this coin to some exchanges


Just that i understand the PoS right

the more coins i got in my wallet >the more weight i will have > the more coins will i (possibly) get ?

EDIT: typo

I got a few blocks when hashrate was a bit lower (think 400 mhs) and I only have 8 mhs but maybe I was just lucky =P

Diff is too high for solo mining unless you are having 100mh+ mining power. Mine it at one of the pools

Anyone luck with solomining?

Actually bittrex or poloniex would be preferable for sure and would be also faster solution.
But from what I know they take like 1 btc fee to add a coin. So if somebody is willing to pay that it would be pretty cool.

The same is with c-cex ... currently leading is a coin with almost 1 btc paid for the votes. Will be quiet hard to beat that.
Yobit has following offer
• Free - 0.00 btc - no guarantee
• Premium - 0.1 btc - 2 business day
• Exclusive - 0.5 btc - 1 business day + mail alert to all users

So we need at least more people to ask them to add it. Its not hard to do, just click on add coin on top of the site, the rest is selfexplaining.
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I just took a look about the staking.
10.512.000 staked coins a year means 2880 blocks a day, with 10 coins per block and a blocktime of 30 seconds.

We will have a total of 78.785,200 coins when the staking kicks in, so that would give an average yearly reward of ~13,34 % which is definitly a lot more then a bank will pay you but only if the coin has a stable price.
Thats a daily reward of ~ 0,0365 % which is good against inflation but also not much compared to a few other currencies.

But still thats a good investition but i'd prefer when staking would be started soon. Then it makes more sense to hold the coin and might also bring more miners into it.
I usually have the opinion to not change the rules of an existing coin but considering how long it exists and how many people own it already, I'd say it wouldnd be a problem.

I would like to know how other people here think about and what the devs are planning for decred besides the block explorer.
I noticed you want to make it litecoin 2.0 which hopefully is meant to make it the most traded etc altcoin, and not a slowly dying one like litecoin is actually.

Litecoin and also Bitcoin are a bit out of date with their features and how they are generated, so I'm curious to know what will be the ones of litecred =)

PoS kick at poW end.
It's not based on Yearly % but it works like PoW,based on your weight.
More weight,more chances to hit a PoS block.

PoW: more hash depending on your gpu,more coins minted.
During PoS:more weight,more coins staked. Weight could be considered your hash in PoS.

I would recommend to start it earlier. If the coin has some good calculated stakereward and a "stable" price, then this could be a good investment and give the coin some worth.

But maybe thats just my opinion ?!

Based on op it will start in 1 year