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Topic: [ANN][MINEABLE ERC20 TOKEN] 0xLTC - 0xLTC [AIR DROP ETH UNDER CONSIDERATION] (Read 1302 times)

newbie
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FAIR

Code and basic instructions to mine https://github.com/0xLiteCoinToken/0xLTC
  • No pre-mine
Liar!

2 two addresses mined a combined 659 blocks in 21 hours prior to it been announced.

0x84376756277c3c0dee9c57a4cb2d1d1b7bae2f0b
556 blocks / 27,800 tokens

0xc8f0bb25f0ab0f2d6571def9aee23eb3221afdc7
103 blocks / 5,150 tokens
The ETH for this address was funded from 0x3750ecf5e0536d04dd3858173ab571a0dcbdf7e0 which also just happens to be the contract creation address.

Ok All the coins on these addresses have been sent to the burn address (no residuals no found)


556 blocks / 27,800 tokens

>>sent to burn 26500 (The other 1300 are not available to our control)
https://etherscan.io/tx/0x8dba8ff76f46b0016033fefc9fcdea0106344c6d98c83c9a240da8b4c5960966


103 blocks / 5,150 tokens
The ETH for this address was funded from 0x3750ecf5e0536d04dd3858173ab571a0dcbdf7e0 which also just happens to be the contract creation address.

and here
>>>https://etherscan.io/tx/0x8a5e5b97761b8a3556e5f2932153cb1c3ebb8efaf509249a1758cf7f8553e2c0
5100 (The other 50 are not available to our control)

newbie
Activity: 4
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0xLiteCoin Token is an open source mineable ERC20 Token,
meaning it's only obtainable through Proof of Work.

Before this [ANN] ~ 0.0357143% of supply was mined publicly over the period of just under about 1 day.




Code and basic instructions to mine https://github.com/0xLiteCoinToken/0xLTC
Contract address https://etherscan.io/address/0x012fd5049a203df08c02fb2e0ed15ceed10d9ed4

Mine
0x012fd5049a203df08c02fb2e0ed15ceed10d9ed4
when exchange??


member
Activity: 281
Merit: 10
I do not understand what this means, can you explain to me more easily? and I want to ask how for this project does it already have many investors? thanks for your answer fighting.
full member
Activity: 392
Merit: 159
are there more than one 0xltc?

Ie. 0x33d99efc0c3cc4f93da6931ec2cccf19ca874b6d and 0x012fd5049a203df08c02fb2e0ed15ceed10d9ed4 both claim to be the same thing
newbie
Activity: 20
Merit: 0


Before this [ANN] ~ 0.0357143% of supply was mined publicly over the period of just under about 1 day.



Why do you say this?

I guess my question is: can this be pre-mined?

Or you just mined an amount to have ready to sell, when/if it picks up?

And if so, is this fair on everyone else who pay a higher gas because of the competition now, which you did not have?

This statement is made in the interests of full disclosure:

The gas price has been at times significantly lower since launch, people have been mining a lot at 2~3 gwei, so there has been plenty of time to pick up much cheap 0xLTC.

right now
https://etherscan.io/tx/0xc0eae8e22fb68e67f8302a310d21046d984cf5e977806a6e48e8f09b1e9806f5
~4 gwei.
full member
Activity: 392
Merit: 159


Before this [ANN] ~ 0.0357143% of supply was mined publicly over the period of just under about 1 day.



Why do you say this?

I guess my question is: can this be pre-mined?

Or you just mined an amount to have ready to sell, when/if it picks up?

And if so, is this fair on everyone else who pay a higher gas because of the competition now, which you did not have?
full member
Activity: 392
Merit: 159
How is the acceptance of a share done?

Ie. if multiple people send at the same time will the solution be granted to the one who offers more gwei/gas?

Also, how much eth have you used the first time, at what gas price limit, and how long did it last (minutes? hours? days?)
newbie
Activity: 20
Merit: 0
Nobody seems to actually be mining this coin, I had a go earlier and there was one other person submitting solutions.  The solutions are almost instantaneous when a new challenge appears and so everyone will submit at the same time and whoever wants to pay the highest gas will end up minting it with everyone else just throwing away $0.25 per useless solution.  The difficulty needs to be increased before there is really any point in attempting to mine.

Also dev, Ive noticed a strange pattern of the other address only mining if someone else is and then setting their gas price just slightly higher.  Can you confirm is this you (address 0xb5cf1cf6cb169c85863e3ecef1c73418aeb0f81f) and are you using some sort of script to adapt the gas limit?

0xb5cf1cf6cb169c85863e3ecef1c73418aeb0f81f that is not me.

newbie
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I have mined many with only 2 gwei.. other times i mined with 3/4/5/6 .. depend from the moment
newbie
Activity: 71
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who is mining this now?
how much do you pay per submission of TX?

Each submission uses whatever gas you set in your .ini file.  Typically 4 to 8 gwei to get submissions to be accepted.  Most at 4 are usually rejected, most at 8 are accepted.
newbie
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@Jwx9 Confirming that I am changing the account, thanks.
full member
Activity: 392
Merit: 159
who is mining this now?
how much do you pay per submission of TX?
newbie
Activity: 3
Merit: 0
Nobody seems to actually be mining this coin, I had a go earlier and there was one other person submitting solutions.  The solutions are almost instantaneous when a new challenge appears and so everyone will submit at the same time and whoever wants to pay the highest gas will end up minting it with everyone else just throwing away $0.25 per useless solution.  The difficulty needs to be increased before there is really any point in attempting to mine.

Also dev, Ive noticed a strange pattern of the other address only mining if someone else is and then setting their gas price just slightly higher.  Can you confirm is this you (address 0xb5cf1cf6cb169c85863e3ecef1c73418aeb0f81f) and are you using some sort of script to adapt the gas limit?
newbie
Activity: 20
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hey Dev join the discord server of 0xltc created by community members
https://discord.gg/CHQ3WW

hey thanks! I am already there! just anon....for now...but will go online there a for a bit as 0xLitecoindev....
member
Activity: 117
Merit: 10
hey Dev join the discord server of 0xltc created by community members
https://discord.gg/CHQ3WW
newbie
Activity: 20
Merit: 0


You seem to take issue with 0.0357143% of supply being (~30000/84000000). Yes thats not fair, go and find any thing anywhere with that kind of distribution.

No! My issue is with you lying and continuing to claim that there was no premine. I've stated this several times now. Why is that so difficult for you to comprehend?

Also, check the git hub and this thread there is now no claim of "no premine" even though there was none, just in case, that claim has been removed for some time now.

Further an explicit statement about what has happened is made.

newbie
Activity: 20
Merit: 0
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Yes and everyone knew what a 0x was a week after the way they do now, so rushed to mine 0x. Its far more open to more actors coming in now than a week then. So Relatively orders of magnitude fairer.

Whether everyone found out about it early or not is irrelevant. The important distinction is that 0xBTC dev mined alongside with others, rather than keeping it to themselves for a period of time.


That's your view, my view is that given the overall dissemination of information about 0x is vastly larger, there is more opportunity for people ready and understanding to join in, so it can attract a more broad-based distribution. It's my view you can not arbitrarily discount the knowledge of use


It's not 'my view'. It's a fact.

Also, 'your view' has already been proven incorrect by the fact that NOBODY else joined in until AFTER you announced it here.



it is your view, you are no generator of fact, any could join, it was not privately mined, eg offline somehow or had coins ICO's out or distributed at pure discretion.

Your complaint is you were too lazy to write a script to look for coins that did not have an [ANN]. If no one else chose to do this that also is a matter for them. HO

Your confusion lays in somehow thinking that no [ANN] on a particular forum of your likeing = premine.

Lets lay this argument bare

[1] A pre-mine regardless of how your so-called "everyone defines it as x argument" (if it can be called that) falls on at least 3 grounds

Inchoate is your argument is

[a] Things mean what you define, no, you are not the arbiter of meaning.

[.b] Things mean what you say unspecified others accept or define, no, you present no evidence as to that group definition as correct, nor do your point to the constituents of the group, you point to no survey, and blinded randomised controlled trial of sufficient power.

[c] Your argument arguments fall's on being logical fallacy formally known as the bandwagoning even if you could prove your version of the "pre mine"

[2] You do violence to the natural words. PRE---means before something in this case before mining started.  No where is in your argument have you demonstrated your claim that

[A] No Coins were allocated before mining started.

[.B] The mining was publicly undertaken as you also confirm.

[3] Your confusion lays across all the points. Your complaint is the orthogonal issue of where a particular advertisement of the mining that was ongoing was made. You give it the appellation premine based on your view of what it means merely backed by a quote and becuase information was not given on a forum you think it should be, whereas in fact mining was made at times publically on a public ledger.

[4] The Ethereum ledger is public and you or anyone can expend time and cost to watch for any activities on the etherum block chain, which is all the more curious in your argument as you show some proficiency and knowledge of how to interrogate the eth blockchain, yet you do so now  post facto. One wonders if you want in formation why don't you seek it, but that is a matter for you and not a basis of argument or complain available to you.

 


Quote
Quote from: 0xLITECOIN
I found that the domains 0xLTC.com

Quote
Updated Date: 2018-04-30
Created Date: 2018-04-30
Registrar Expiration Date: 2019-04-30

and 0xLTC.org had just been purchased

Quote
Domain Name: 0XLTC.ORG
Registry Domain ID: D402200000005971141-LROR
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2018-04-30T11:45:50Z
Creation Date: 2018-04-30T11:45:49Z

As you can see it was a few days before the launch....I at this point took the view someone else was about to launch and took the view that first to market was essential.

Thank you. This gives great insight into your motives.

Quote from: 0xLITECOIN
This made me less easy relying purely on the test net, rather than a live test given that i am proposing to launch a coin that I feel could be valued in the 100 of millions or more, it would be reasonable to run a live test in all circumstances.
Thanks, you confirm or do not derogate from my motives, you can see the legitimate concern.



Quote
This doesn't answer the question. Why do you feel that a 'proven to work contract' requires such extensive testing? What exactly were you testing for when you simply copied a 'proven to work contract' which has been in use for several months and just changed 2 values?

how a person chooses to conduct their business and what they are comfortable with is a matter for them. You, fortunately, do not get to set out the terms of testing and business for others.




Quote
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
A premine would be an allocation, before any public mining started.
An allocation or any mining which takes place PRIOR to a coin been announced, or any mineable coin launched without sufficient advance notice and with a low difficulty.
Basically if it gives the developers (and their friends) an advantage, it's considered a premine.
What gives that definition validity? You the masses. It's a market decision. I say that your chosen defintiton is wrong and wrong based on the meaning of pre etc as set out supra, and then used to suit your arguments, and the definition of premine even it were that needs quite a bit more nuance. Eg I have seen, post mine, used as a refinement of pre mine.


Quote
Quote from: JohanDi
Quote from: 0xLITECOIN
Your actual complaint is you did not know about it being mined. It was publicly mined and any actor that bothered to search for it could have.
My complaint is that nobody aside from you knew about it. You kept it to yourself and mined in peace before deciding to tell the rest of us about it.

I will deal with these together as they are sufficiently close.
This is your definition.

It's not 'my definition'. It's the widely accepted definition.
Dealt with above

Quote
Quote from: 0xLITECOIN
You or anyone could put a script in to watch new token at any time being launched, and mine them.

That you or others choose not to do this is a matter for you. Eg poll if(query.api.blockscanner() NE (0x***) where (0x***) is in existing database then send alert to self.

you could even start an automine script if you wanted to, and narrow your search to 0x*L* or 0xB** etc, it's really up to you how much you want to spend in eth and time.

You complaint remains if you were prepared to put in the effort.

It seems rather you want to be told.

No. I just want want you to be honest. Premine all you want, but don't lie about it and come here trying to argue that it didn't take place.



Quote from: 0xLITECOIN
Now sure there may be a market effect of not disseminating information in a particular form, eg via ANN but that is a decision by the launcher. Your complaining about that effect. So if you or someone else can find a coin where they could get on earlier, all power to them, each person can assess their own risks, effort and reward.

No. I'm complaining about you lying about the premine.

Dealt with supra and No make and you make the serious admission you chose your definition then work from there to your conclusion by calling people liars. Put some effort in look around. You did not work from the basics of temporal fact. Mining was at all times on a public blockchain. You want a particular behavior on a particular forum.

Quote
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Further practically speaking right now 0xLTC can be mined for the same gwei as in day 1 and the difficulty is negligible. So whats your practical complaint in practice anyone can go in now and mine at the same cost, but with no effort to set up.
Here's what it looked like when only you were mining.
https://i.imgur.com/omGdaO1.png

Here's what it looks like after you announced it and others started mining.
https://i.imgur.com/5g8QCWA.png

See all those failed transactions now that people are competing over gas price instead of being able to mine in peace like you were?
Are you seriously trying to tell us that premining didn't provide you with an unfair advantage?



Your cherry picking, see the fails from early mining and you fail to note the gwei was higher in many cases that now, why do you omit a full analysis.

You also fail to note you can mine cheaper right now if you wish at 7 gwei with at a similar competition rate

It would help your position if you were prepared to make a full argument, and people can mine right now for less.

https://pasteboard.co/HoVf5Yt.png
https://pasteboard.co/HoVfiee.png
https://pasteboard.co/HoVfudT.png

0xc8f0bb25f0ab0f2d6571def9aee23eb3221afdc7
5 failed transactions during premine. 103 successful ones.

0x84376756277c3c0dee9c57a4cb2d1d1b7bae2f0b
21 failed transactions during premine. 556 successful ones.
0xc8f0bb25f0ab0f2d6571def9aee23eb3221afdc7

From all the random samples I looked at the gas fees were either 7 or 10 gwei during the premine.

Does that 'help my position'? Does it provide a full enough argument for you?
I'm quite happy to do a full breakdown of every wallet, but do you really want the people to see that?
Yes Please do a full break down the more information the better, I have seen quite a few 5, 4 and even  I think some 3 gwei blocks, so there has been ample opportunity to pickup block cheaper after this ANN than Before it, If you really beleive your argument then you can send difference in the cost in eth to the original addresses as people clearly had an advantage mining later, it was cheaper, objectively.


Quote
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Your terminology is misconstrued, your thesis falls, you complaint is you did not know, not that it could not be known. Your complaint is about a particular advertising schedule, not wether something was publicly mined and or discoverable.
I've made my point quite clearly. If you still can't see what the issue is... well... maybe you're just refusing to.

Dealt with above you can code up a script to poll for coins you want to get info about. You want to be spoon fed, or don't like the decisions made by the market

No! I want you to stop lying about the premine.
Dealt with supra

Quote
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
0x(whatever) will be done by someone, your could manual just type in to https://ethplorer.io/ search bar 0x...(whatever) any time you wish to to see what comes up.
And if any of those get premined you can be damn sure I'll be here to call them out on it.
Your missing the point. This argument goes to the choice of a market actor to expend time to obtain information
No! YOU are missing the point, over and over again.
Interesting how you point to no factual basis or logical basis or your claim, merely a retort, I will repeat the point which includes an actual argument not a bare assertion

Quote
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Your newness is open to suggest a bias.
Yes, everything you disagree with must be FUD right?
No, just making an observation.
It's common in this arena to anon launch coins.
Not that I have to do this but no. I am not new. I have been around here for quite some time. So there is a false assumption by you. It's this type of approach that undermines what could other wise be better arguments from you.


Quote
By your own logic I could claim that your newness is open to suggest that you have no experience coding smart contracts. Let's leave the deflecting to the politicians shall we?
Whatever experience i do or don't have is irrelevant. The facts are the contract is live.

You have even missed the point here.
Interesting again no substantive argument or logic, just a bare assertion which falls against the stated facts that you agree with, the contract is live.
that make my experience now irrelevant.

you appear to need some lesson in basic rhetoric and logic, so far you have been good a bleating misconcived ideas to reach a false conclusion such which reduced to it's substance is

"premine" means this so you have done "that" by not doing what I think you should do in a particular fora.


newbie
Activity: 6
Merit: 0
Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Yes and every one knew what a 0x was a week after they way the do now, so rushed to mine 0x. Its far more open to more actors coming in now than a week then. So Relatively orders of magnitude more fair.

Whether everyone found out about it early or not is irrelevant. The important distinction is that 0xBTC dev mined alongside with others, rather than keeping it to themselves for a period of time.


That's your view, my view is that given the overall dissemination of information about 0x is vastly larger, there is more opportunity for people ready and understanding to join in, so it can attract a more broad based distribution. It's my view you can not arbitrarily discount the knowledge of use


It's not 'my view'. It's a fact.

Also, 'your view' has already been proven incorrect by the fact that NOBODY else joined in until AFTER you announced it here.

Quote from: 0xLITECOIN
I found that the domains 0xLTC.com

Quote
Updated Date: 2018-04-30
Created Date: 2018-04-30
Registrar Expiration Date: 2019-04-30

and 0xLTC.org had just been purchased

Quote
Domain Name: 0XLTC.ORG
Registry Domain ID: D402200000005971141-LROR
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2018-04-30T11:45:50Z
Creation Date: 2018-04-30T11:45:49Z

As you can see it was a few days before the launch....I at this point took the view someone else was about to launch and took the view that first to market was essential.

Thank you. This gives great insight into your motives.

Quote from: 0xLITECOIN
This made me less easy relying purely on the test net, rather than a live test given that i am proposing to launch a coin that I feel could be valued in the 100 of millions or more, it would be reasonable to run a live test in all circumstances.

This doesn't answer the question. Why do you feel that a 'proven to work contract' requires such extensive testing? What exactly were you testing for when you simply copied a 'proven to work contract' which has been in use for several months and just changed 2 values?



Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
A premine would be an allocation, before any public mining started.
An allocation or any mining which takes place PRIOR to a coin been announced, or any mineable coin launched without sufficient advance notice and with a low difficulty.
Basically if it gives the developers (and their friends) an advantage, it's considered a premine.


Quote from: JohanDi
Quote from: 0xLITECOIN
Your actual complaint is you did not know about it being mined. It was publicly mined and any actor that bothered to search for it could have.
My complaint is that nobody aside from you knew about it. You kept it to yourself and mined in peace before deciding to tell the rest of us about it.

I will deal with these together as they are sufficiently close.
This is your definition.

It's not 'my definition'. It's the widely accepted definition.


Quote from: 0xLITECOIN
You or anyone could put a script in to watch new token at any time being launched, and mine them.

That you or others choose not to do this is a matter for you. Eg poll if(query.api.blockscanner() NE (0x***) where (0x***) is in existing database then send alert to self.

you could even start an automine script if you wanted to, and narrow your search to 0x*L* or 0xB** etc, it's really up to you how much you want to spend in eth and time.

You complaint remains if you were prepared to put in the effort.

It seems rather you want to be told.

No. I just want want you to be honest. Premine all you want, but don't lie about it and come here trying to argue that it didn't take place.


Quote from: 0xLITECOIN
Now sure there may be a market effect of not disseminating information in a particular form, eg via ANN but that is a decision by the launcher. Your complaining about that effect. So if you or someone else can find a coin where they could get on earlier, all power to them, each person can assess their own risks, effort and reward.

No. I'm complaining about you lying about the premine.



Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Further practically speaking right now 0xLTC can be mined for the same gwei as in day 1 and the difficulty is negligible. So whats your practical complaint in practice anyone can go in now and mine at the same cost, but with no effort to set up.
Here's what it looked like when only you were mining.
https://i.imgur.com/omGdaO1.png

Here's what it looks like after you announced it and others started mining.
https://i.imgur.com/5g8QCWA.png

See all those failed transactions now that people are competing over gas price instead of being able to mine in peace like you were?
Are you seriously trying to tell us that premining didn't provide you with an unfair advantage?



Your cherry picking, see the fails from early mining and you fail to note the gwei was higher in many cases that now, why do you omit a full analysis.

You also fail to note you can mine cheaper right now if you wish at 7 gwei with at a similar competition rate

It would help your position if you were prepared to make a full argument, and people can mine right now for less.

https://pasteboard.co/HoVf5Yt.png
https://pasteboard.co/HoVfiee.png
https://pasteboard.co/HoVfudT.png

0xc8f0bb25f0ab0f2d6571def9aee23eb3221afdc7
5 failed transactions during premine. 103 successful ones.

0x84376756277c3c0dee9c57a4cb2d1d1b7bae2f0b
21 failed transactions during premine. 556 successful ones.
0xc8f0bb25f0ab0f2d6571def9aee23eb3221afdc7

From all the random samples I looked at the gas fees were either 7 or 10 gwei during the premine.

Does that 'help my position'? Does it provide a full enough argument for you?
I'm quite happy to do a full breakdown of every wallet, but do you really want the people to see that?



Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Your terminology is misconstrued, your thesis falls, you complaint is you did not know, not that it could not be known. Your complaint is about a particular advertising schedule, not wether something was publicly mined and or discoverable.
I've made my point quite clearly. If you still can't see what the issue is... well... maybe you're just refusing to.

Dealt with above you can code up a script to poll for coins you want to get info about. You want to be spoon fed, or don't like the decisions made by the market

No! I want you to stop lying about the premine.


Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
0x(whatever) will be done by someone, your could manual just type in to https://ethplorer.io/ search bar 0x...(whatever) any time you wish to to see what comes up.
And if any of those get premined you can be damn sure I'll be here to call them out on it.
Your missing the point. This argument goes to the choice of a market actor to expend time to obtain information
No! YOU are missing the point, over and over again.

Quote from: 0xLITECOIN
Quote from: JohanDi
Quote from: 0xLITECOIN
Your newness is open to suggest a bias.
Yes, everything you disagree with must be FUD right?
No, just making an observation.
It's common in this arena to anon launch coins.
Not that I have to do this but no. I am not new. I have been around here for quite some time. So there is a false assumption by you. It's this type of approach that undermines what could other wise be better arguments from you.


Quote
By your own logic I could claim that your newness is open to suggest that you have no experience coding smart contracts. Let's leave the deflecting to the politicians shall we?
Whatever experience i do or don't have is irrelevant. The facts are the contract is live.

You have even missed the point here.
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Activity: 6
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You seem to take issue with 0.0357143% of supply being (~30000/84000000). Yes thats not fair, go and find any thing anywhere with that kind of distribution.

No! My issue is with you lying and continuing to claim that there was no premine. I've stated this several times now. Why is that so difficult for you to comprehend?
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