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Topic: [ANN][LTZ] LitecoinZ - Designed for the future - page 58. (Read 54309 times)

hero member
Activity: 518
Merit: 500
hero member
Activity: 714
Merit: 500
Skol!
Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.


What does this mean? I'm new so I don't understand. Does this mean that because they did this it's slowing down the system?

For example the coin is new but I can only get like 30-35 a day on 1 1070. This is my first time mining a coin this new but I thought I would be able to get alot more.if I'm not mistaken once the coin gets more popular that I will only get less.

Can the miners who mine with the asic mine with this coin? Maybe someone who knows a bit more can let us know

Go to youtube and start watching videos about mining. Read and study.
jr. member
Activity: 387
Merit: 2
Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.


What does this mean? I'm new so I don't understand. Does this mean that because they did this it's slowing down the system?

For example the coin is new but I can only get like 30-35 a day on 1 1070. This is my first time mining a coin this new but I thought I would be able to get alot more.if I'm not mistaken once the coin gets more popular that I will only get less.

Can the miners who mine with the asic mine with this coin? Maybe someone who knows a bit more can let us know

No way! Equihash is ASIC resistant!! The goal of this project is to have a new and decentralized coin mined from all people involved and not only from companies equipped with large ASCI devices as happened for bitcoin, litecoin and others.

The confirmation of the slow blockage is caused by a few miners to the active monopolistic because only yesterday was the official launch. For your information, the maturity of the block is 100.
jr. member
Activity: 387
Merit: 2
Devs .. please tell us about the 5000 blocks that are unaccounted for ......

Already answer to this question. Please read all posts before make the same question....

Anyway, what's the problem? In 1 day we produce ~600 new blocks, so 5000 is only 1 week mining!! Don't focus on this trifling detail.

I repeat, for having more power and decentralization, we need absolutely help from the community on staring new nodes and new seed servers.

Thanks
jr. member
Activity: 182
Merit: 5
Devs .. please tell us about the 5000 blocks that are unaccounted for ......
member
Activity: 308
Merit: 12
Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.


What does this mean? I'm new so I don't understand. Does this mean that because they did this it's slowing down the system?

For example the coin is new but I can only get like 30-35 a day on 1 1070. This is my first time mining a coin this new but I thought I would be able to get alot more.if I'm not mistaken once the coin gets more popular that I will only get less.

Can the miners who mine with the asic mine with this coin? Maybe someone who knows a bit more can let us know
jr. member
Activity: 387
Merit: 2
Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.

even the developers sleep sometimes Wink

I've already answer to this question; few blocks was mined from developers, but most was mined by someone on the net that started mining before the official annunce. Anyway 5,000 blocks are nothing compared to:

Bitcoin has 504,644 blocks
Litecoins has 1,351,847 blocks
Bitcoin Gold has 509,561 blocks
Bitcoin Z has 74,160 blocks
Zcash has 256,026 blocks

Please focus on:
1) all coins has the same rewards (50 coins)
2) better backport from bitcoin 0.12+ core than others
3) better response time on backports or pulls
4) NO TAX and no founders rewards to mined blocks
5) This is not an Hard Fork so the blockchain was started from zero
newbie
Activity: 117
Merit: 0
newbie
Activity: 99
Merit: 0
Where do I find the wallet in the Window?  Huh Huh Huh
jr. member
Activity: 198
Merit: 1
las 5  de la madrugada y no pude conectar la maldita billetera
esque no entiendo porqu los desarolladores no pueden hacer un mardito lansamiento justo y equitativo
primero tienen que minar ello ,,luego hacen una billetera que no funcione para ellos seguir llevando ventaja
coñaso pero nadie esta esperando su mardita moneda ,,,entonces si uste va a hacer un lansamiento hagolo de manera
que todos podamos minar igual.... aparte de que usted ya mino 5000 blokes tambien ce la quiere poner dificil al minero pequeño
member
Activity: 280
Merit: 11
is this connected to the litecoinw? why z?
jr. member
Activity: 198
Merit: 1
la billetera no tiene coneccion
full member
Activity: 322
Merit: 100
Just a friendly reminder that dev still not respond to the fact that 5000+ blocks mined before launch.
member
Activity: 249
Merit: 10
Litecoin + Zcash = LTZ. What is this coin used for? Where is windows wallet?
member
Activity: 120
Merit: 10
Wallet and pool pls...
I hope win wallet  easy to use

thanks
sr. member
Activity: 246
Merit: 250
Good idea. But it even better if block time is 2.5 seconds, not 2.5 minutes

I don't think any coin's code could cope with such a fast block time. The blockchain would grow to an unmanageable size very quickly.
jr. member
Activity: 182
Merit: 5
Seems the wallet doesn't work for me, I have no idea what app inside the compile file is working, do you have a simplified wallet like qt wallet.. Thanks

Hi folks,

if someone has issue compiling or rrunning LitecoinZ, please check if this document could help https://github.com/litecoinz-project/litecoinz/blob/master/README.md

If this does not help, please open an issue on https://github.com/litecoinz-project/litecoinz so we could check together what is wrong.

I've successfully compiled on both Linux and Windows and they works without any issue.

I remember to everyone that for a great success of this project we need more nodes and more seeds Wink

Thanks




Thanks for your reply, but i have a hard time to compile, can you please provide us a simple qt wallet for windows, especially for the users who have no idea on compiling wallet.. Thanks

The precompiled Windows binaries includes a Java GUI QT inside the zip file.
All you need to do befire starting is to manually dowloand the parameters file and manually create the litecoinz.conf as described here https://github.com/litecoinz-project/litecoinz/blob/master/README.md

A full and native QT GUI (litecoinz-qt) is still under development.


First, "./zcutil/fetch-params.sh" doesn't work for me due to (and apparently), "flock: command not found"

Anyways, that's besides the point .. not everyone knows how to use this wallet and only releasing the source, doesn't help the majority. The result here is that only a select few miners (with the knowledge to compile etc), benefits from early mining. That, to me, is an unfair start and NOT community friendly at all! Why couldn't you guys just wait to have the qt windows wallet and then release, giving everyone a fair start at this?

In addition, PLEASE tell me about the 5000 blocks that are unaccounted for ??

- Rant over -
full member
Activity: 255
Merit: 100
thelastman
well, i think this better than fork from litecoin
if this project could built a community that would be a great futher!
newbie
Activity: 39
Merit: 0
Ok, so does anyone know why this started at Block 5000, what happened to the 250,000 LTCZ in blocks 1-5000?

I thought this was supposed to be no pre-mine, and if it is pre-mined, who has the funds, and what are they planning to do with them?
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