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Litecoin was years ago, and probably already too low even way back then.
Recently blocks have been one second or less apart at such low difficulty, so it needs to be higher by at least the number of seconds there are in the actual target time between blocks just to stretch that second out so we can see how much actually less than a second it is between blocks. Most likely it needs to be even more increased than just by the number of seconds in the target time.
Basically it is just another pre-mine all over again, nothing learned at all from the previous pre-mined-in-public-sight coins.
The lesson evidently being, pre-mining is the way to go, anyone who doesn't pre-mine is just leaving money on the table they and their buddies should have had the sense to grab.
-MarkM-
Recently blocks have been one second or less apart at such low difficulty, so it needs to be higher by at least the number of seconds there are in the actual target time between blocks just to stretch that second out so we can see how much actually less than a second it is between blocks. Most likely it needs to be even more increased than just by the number of seconds in the target time.
Basically it is just another pre-mine all over again, nothing learned at all from the previous pre-mined-in-public-sight coins.
The lesson evidently being, pre-mining is the way to go, anyone who doesn't pre-mine is just leaving money on the table they and their buddies should have had the sense to grab.
-MarkM-
Yes this is right. Unfortunately premined by someone else, not by its creator. Oh well, I created it for fun, anyway have fun.
For those with fast machine, good for you guys.
PM me with your offers if you're looking to offload your newly mined stash 