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Topic: Litecoin Core 0.13.2 with SegWit released! - page 3. (Read 5204 times)

sr. member
Activity: 335
Merit: 250
January 13, 2017, 11:32:35 AM
#26
I used to hold LTC but have switched to NLG, you getting far more bang for your buck in terms of development speed and offerings. NLG did the 0.13 code base update before litecoin and awhole lot more. Dash and NLG are now my 2 alt coins of choice, not saying LTC is bad at least they keeping up to date but the marketcap is already close to $200 million where NLG is under $10 million and you getting much more.

Wtf is NLG!? My goodness, people... wake up.
newbie
Activity: 34
Merit: 0
January 13, 2017, 08:24:48 AM
#25
I used to hold LTC but have switched to NLG, you getting far more bang for your buck in terms of development speed and offerings. NLG did the 0.13 code base update before litecoin and awhole lot more. Dash and NLG are now my 2 alt coins of choice, not saying LTC is bad at least they keeping up to date but the marketcap is already close to $200 million where NLG is under $10 million and you getting much more.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 13, 2017, 01:48:24 AM
#24
hi Spoetnik,
                don't take this as me suddenly being anti litecoin. i still think litecoin is one of the very few honest coins e.g. it wasn't created merely to make the devs fiat (like 99.7% of other alts).

simply the path of the developers, at this point in time, does not fit with what i think is the way forward for cryptocurrency., doesn't mean they, or I am wrong or right.

you could potentially have a scenario where the things tested for bitcoin work with litecoin but bitcoin for whatever reason doesn't or can't implement them (eg segwit, LN), that would be big for LTC and anyone investing in LTC.


cheers
Kelsey



I think we see eye to eye often so i think i get what you mean.
I am not going to rain down hell on earth on LTC all of a sudden either.
People think i post to be a troll etc.
Only criticism i had on LTC i can recall was their talk of going "ANON" which i thought was a horrible idea.
I have often even given props to Monero and their shill's on occasion for being more sincere basically.
I only hope to cut through all the crap and be honest and see things honestly.

Holding grudges or being an irrational fanboy etc is all a bunch of crap.
We should be able to re-asses things as time goes on.

Interesting comment kelsey food for thought LOL
legendary
Activity: 1260
Merit: 1000
January 13, 2017, 01:33:04 AM
#23
i didn't invest in litecoin to be a testnet for bitcoin

I'm gonna go out on a limb here and say it's the reason 99.9% of people invest in cryptocurrency - as a get rich quick scheme.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
January 13, 2017, 12:32:26 AM
#22
Finally, It has got released. But at least 75% of target and it seems like we are in the early consensus with 0 ratio percentage for supporting segwit.

Is the SegWit will be activating? Interesting for wait it soon.   Grin
legendary
Activity: 1876
Merit: 1000
January 13, 2017, 12:22:36 AM
#21
hi Spoetnik,
                don't take this as me suddenly being anti litecoin. i still think litecoin is one of the very few honest coins e.g. it wasn't created merely to make the devs fiat (like 99.7% of other alts).

simply the path of the developers, at this point in time, does not fit with what i think is the way forward for cryptocurrency., doesn't mean they, or I am wrong or right.

you could potentially have a scenario where the things tested for bitcoin work with litecoin but bitcoin for whatever reason doesn't or can't implement them (eg segwit, LN), that would be big for LTC and anyone investing in LTC.


cheers
Kelsey

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 12, 2017, 11:50:02 PM
#20
Interesting kelsey !
You know i hold you opinion in high regard.. you are intelligent and very astute with this stuff.

I too way back heard some talk of "testing" and no i was not amused either.

It's time i re-examine my stance in Litecoin i think.
I had supported it for ages because they earned it way back.
It's what got me here !

But if they are going on a course i do not approve of then i guess i have to pull my support.
In a way i have been TRYING to continue to support them regardless of bad signs.
Being a bit of a blind cheerleader i suppose.. because of past accomplishments.

If i can not re-assess my stance on a project then i am an idiot.
I don't want to become what i complain about all the time.. a blind stubborn baggy cheerleader shill.

Oh and when i said i bought some the other day i mean $22 worth at Bittrex  Cheesy
So it's not like i mortgaged my house to buy Altcoins.
legendary
Activity: 1876
Merit: 1000
January 12, 2017, 10:11:12 PM
#19
Yeah Herbert2020 I agree.
Looking at The WIZ i see some whale etc dumping.. bet he wishes he waited LOL

i can say with 100% confidence that any whale who dumped around that time has zero regrets.

i've been a longtime advocate of litecoin but now i've happily bailed.

had been told by various litecoin devs and Coblee, that there are things being worked on (that i wasn't happy with), that are just being tested and not necessarily added.
now i've been around enough company management/government to know things being tested are always exceedingly likely to be added. opponents are always fobbed off with "oh we're just testing that".....right up until its too late to change course.

so now i see the first stage of this, well its time for me to give up any fight (knowing full well certain devs are pigheaded enough to push their ideas through with little regard for supporters, so opposition is pretty pointless).

Also many of us supported Litecoin because it was an alternative to Bitcoin (plenty of us unhappy ages back with the path dev of bitcoin where taking and what bitcoin was becoming), now in rhetoric and in develpment we are seeing Litecoin become essentially a testnet for Bitcoin.

i didn't invest in litecoin to be a testnet for bitcoin, so now i must look elsewhere for a genuine alternative to bitcoin.

as i've said many times in the past; the only thing good to ever come out of Cryptocurrency (including Bitcoin), to this point in history, is, the idea.
 
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 12, 2017, 09:06:13 PM
#18
Are you criticizing a speed improvement ?
Have we not heard complaints about it not being active enough code wise ?

A lot of the mining code out there was born from the early days of Litecoin mining too.
LTC helped pioneer this stuff big time.
They have paved the way for altcoins popping up years later.

Last i heard guys were talking about adding ANON features to it and i flamed it hard..
I still think it would be a really bad idea.
It's just not needed by the majority of us all.
I don't know about tracking stolen coins too much but if ANON helps them get away with it then i say think about that !
How often did you hear about a story where some guys BTC was stolen but they were able to track the coins ?
Me ?
I have nothing to hide either..

I also think ANON is picking a fight with major govt's ..a fight you won't win !

LTC can and should pursue what ever is good for the coin.
Improvements ?
People add them and they complain LOL
They don't add them and they complain  Cheesy

By the way.. i have not nor would i bitch if any other coin added Segwit too.
legendary
Activity: 3010
Merit: 1460
January 12, 2017, 08:42:07 PM
#17
it's good to see this happening, but think about it, all they did was to copy and paste bitcoin's core hard work. This only further proves bitcoin is king and got the best developers and the rest are just copying what they do.

With that being said, I hope to see segwit activated in litecoin as soon as possible.

The Beauty of "Open Source" LOL

Many people don't view LTC as a replacement though.. more as a supplement.
Since it's harder to get major changes done on Bitcoin..
then it's handy to have a go to coin that coin do them faster to get a preview of how it will work on BTC.

But a supplement of what? Bitcoin does not need a supplement. It is working ok on its own.

On litecoin's segwit implementation, is there really a need for this? Litecoin already is capable of 4 times the speed and capacity of bitcoin per block. What would segwit achieve? Are the blocks already getting full like bitcoin's blocks? I speculate this move is nothing but an attempt to gain some relevancy.
hero member
Activity: 882
Merit: 533
January 12, 2017, 01:20:28 PM
#16
I am very pleased that LTC had at last made a big move forward, i don't think it is a replacement to the bitcoin, but i like it as it is the mother of altcoins.
http://coinmarketcap.com/currencies/litecoin/ Interesting to see how the dumping is working, as some pointed here, there are whales cashing out, maybe it is good for LTC, but i am sure that this update will bring a lot of great features to the project.

legendary
Activity: 1498
Merit: 1117
January 12, 2017, 01:19:45 PM
#15
wow. nice to see that something is happening. and i think this will have an impact on the development of BTC too. lets see what will happen with LTC.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 12, 2017, 12:12:42 PM
#14
it's good to see this happening, but think about it, all they did was to copy and paste bitcoin's core hard work. This only further proves bitcoin is king and got the best developers and the rest are just copying what they do.

With that being said, I hope to see segwit activated in litecoin as soon as possible.

The Beauty of "Open Source" LOL

Many people don't view LTC as a replacement though.. more as a supplement.
Since it's harder to get major changes done on Bitcoin..
then it's handy to have a go to coin that coin do them faster to get a preview of how it will work on BTC.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
January 12, 2017, 11:54:59 AM
#13
What % of the network has upgraded? anywhere to see this?


http://litecoinblockhalf.com/segwit.php

Will be interesting to watch between now and January 28th how many adopt. I'm under the impression that seventy-five percent must be maintained for approximately two weeks (8064 blocks) and then seqwit is adopted at the next difficulty change (maximum about 3 1/2 days)

Disclaimer: Based on release notes and not reading of code.

but based on this you also need to activate segwit right? what is the % of those node that activated it? because not all those that have runnign it have activated it or maybe i'm wrong
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
January 12, 2017, 11:11:46 AM
#12

Thanks for the information. Interesting to see what will happen. If the LTC crowd don't update then I guess there is not more room for groaning about lack of development.

It seems likely based on information available that the update will go through (the largest pool is supporting). I don't think it's the LTC crowd that has been doing most of the groaning about lack of development. Undoubtedly the groaners will find something else to complain about.

i sincerely hope this is true and we can see SegWit on litecoin. it is good for the miners too, because they can see it in action in litecoin if they are not willing to switch on bitcoin first. that can be their testing ground to see how things go.

and maybe finally bitcoin miners make their mind too, i say either do it or deny it and let us move on with our lives, i am starting to get tired of all the drama with blocksize Cheesy
legendary
Activity: 1610
Merit: 1183
January 12, 2017, 10:45:10 AM
#11
it's good to see this happening, but think about it, all they did was to copy and paste bitcoin's core hard work. This only further proves bitcoin is king and got the best developers and the rest are just copying what they do.

With that being said, I hope to see segwit activated in litecoin as soon as possible.
hero member
Activity: 728
Merit: 500
January 12, 2017, 09:41:21 AM
#10

Thanks for the information. Interesting to see what will happen. If the LTC crowd don't update then I guess there is not more room for groaning about lack of development.

It seems likely based on information available that the update will go through (the largest pool is supporting). I don't think it's the LTC crowd that has been doing most of the groaning about lack of development. Undoubtedly the groaners will find something else to complain about.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 12, 2017, 09:20:52 AM
#9
What % of the network has upgraded? anywhere to see this?


http://litecoinblockhalf.com/segwit.php

Will be interesting to watch between now and January 28th how many adopt. I'm under the impression that seventy-five percent must be maintained for approximately two weeks (8064 blocks) and then seqwit is adopted at the next difficulty change (maximum about 3 1/2 days)

Disclaimer: Based on release notes and not reading of code.

Thanks for the information. Interesting to see what will happen. If the LTC crowd don't update then I guess there is not more room for groaning about lack of development.
legendary
Activity: 3178
Merit: 1054
January 12, 2017, 08:33:19 AM
#8
good to see there are updates from litecoin dev and they now have the new forum which is usually where we get to see some developments. I guess we're all going to be seeing some price hikes in the coming days of LTC.
hero member
Activity: 728
Merit: 500
January 12, 2017, 08:23:05 AM
#7
What % of the network has upgraded? anywhere to see this?


http://litecoinblockhalf.com/segwit.php

Will be interesting to watch between now and January 28th how many adopt. I'm under the impression that seventy-five percent must be maintained for approximately two weeks (8064 blocks) and then seqwit is adopted at the next difficulty change (maximum about 3 1/2 days)

Disclaimer: Based on release notes and not reading of code.
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