Dev: Kudos on such an incredible POS design, first time i see this on any coin.
This stakes like a champ and POW coins will be a lot less than what most of us thought, we're closing to block 3k already.
Great job!
Topic: i quit - page 122. (Read 142560 times)
The twitter account @LiteDoge is not us.
It is just impersonating.
It is just impersonating.
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer 
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nopeso any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nope what? nope you can't read? nope you forgot your toothbrush? or nope your probability of finding a block isn't your weight v network weight?
Nope about this "not that i don't think finding set block by pos isn't a way forward, just in this design its a fail."
It is actually a good design.You need to think about it instead of just saying things.
Tell me what you don't like.
You don't like that blocks are found with pos 2.0 algo which is much more secure.
or you don't like that the rewards are like mining rewards.
I do not see why you are arguing about people with more coins will find more blocks. The reason they find more blocks and the reason they deserve to find more blocks is because they have a bigger stake in this and they will not want their coins to lose value by doing bad things.
Proof of stake is a form of mining. Blocks rewards are here to give people an incentive to process transactions. When they find a block they get paid for it.
Think of it as the payment protocol that it is. And not as the get rich quick scheme that you want it to be.
agree with this.
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nopeso any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nope what? nope you can't read? nope you forgot your toothbrush? or nope your probability of finding a block isn't your weight v network weight?
Nope about this "not that i don't think finding set block by pos isn't a way forward, just in this design its a fail."
It is actually a good design.You need to think about it instead of just saying things.
Tell me what you don't like.
You don't like that blocks are found with pos 2.0 algo which is much more secure.
or you don't like that the rewards are like mining rewards.
I do not see why you are arguing about people with more coins will find more blocks. The reason they find more blocks and the reason they deserve to find more blocks is because they have a bigger stake in this and they will not want their coins to lose value by doing bad things.
Proof of stake is a form of mining. Blocks rewards are here to give people an incentive to process transactions. When they find a block they get paid for it.
Think of it as the payment protocol that it is. And not as the get rich quick scheme that you want it to be.
Any block explorer available?
Im working on one as we speak. It will be listed on http://cryptoplorer.com
Cintron.
Thanks so much for the block explorer.. send me a pm with your address I have 1 mil ldoge for you since you were first to produce and if you would can you direct me to a how to or something to help me with creating my own block explorer.. Im not by any means fluent in Linux.. but I can get the job done lol.. so you would have to bear with me.. Not in any hurry..
Best Regards
d57heinz
Doug
to those getting all the orphans im curious to how many connections to the nework you have.. If you didn't compile with upnp support then you should set the port=44444 ie. in your litedoge.conf file then allow that port thru on your router..so that you can receive connections aswell as transmit blocks/transactions.. if you only have 8 then that is most likely the issue.. you don't have access thru your firewall/router to get more connections.. just hover your mouse over the signal bars lower right of gui wallet.. or ./litedoged getinfo on command line..
Best Regards
d57heinz
Best Regards
d57heinz
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nopeso any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nope what? nope you can't read? nope you forgot your toothbrush? or nope your probability of finding a block isn't your weight v network weight?
I mined 4 blocks but all 4 say generated but not accepted 
That is normal since not only are you competing with others who are staking, you are also competing with PoW right now.Just wait a while longer and it will find blocks again.
Yes, that means orphaned stake block.
I mined 4 blocks but all 4 say generated but not accepted
yes. Same here. maybe Because too many people are staking.
I mined 4 blocks but all 4 say generated but not accepted
So first off I would like to say congratulations to the Dev team behind this coin and like the progress so far and hoping to see this coin launched on Bittrex or Cryptsy or Poloniex sometime in the near future so the real price of this coin can come out Because I don't see no reason it can't hit at least 50 sats since DGB has 120 billion coin supply and they sell around 60 sats I believe
Because I don't see no reason it can't hit at least 50 sats since DGB has 120 billion coin supply and they sell around 60 sats I believe Dogecoin has 100 billions coin and the price is 50sats.
litedoge current money supply is 1.29 billion..and price is 4 sats.
so litedoge current marketcap is 52 BTC
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
Kind of sounds like real life doesn't it
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
nope so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
moneysupply" : 1234179000.00000000
Just imagine, all of those coins will be worth 1 satoshi or less
with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
so any suckers buying in a small holding will ultimately lose out to the larger holders.
not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.
So first off I would like to say congratulations to the Dev team behind this coin and like the progress so far and hoping to see this coin launched on Bittrex or Cryptsy or Poloniex sometime in the near future so the real price of this coin can come out Because I don't see no reason it can't hit at least 50 sats since DGB has 120 billion coin supply and they sell around 60 sats I believe
Because I don't see no reason it can't hit at least 50 sats since DGB has 120 billion coin supply and they sell around 60 sats I believe
Whats up with site the source code was hosted on? Why not just put on git?
When a 19 year old blonde chick tweets about a source code repository (in the testimonials)... That'll be the day...
When a 19 year old blonde chick tweets about a source code repository (in the testimonials)... That'll be the day...
moneysupply" : 1234179000.00000000
Block Explorer and Rich List is being populated on http://cryptoplorer.com
Dev please add this explorer to the OP.
Dev please add this explorer to the OP.
why network founding same blocks ?
It's normal.
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