Litecoin Dev. Team ? | Bitcointalksearch.org

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: weex on March 12, 2013, 03:39:09 AM

Litecoin-qt/litecoind development has stalled since the 0.6.3 release. I fear that if this had happened to Litecoin, a 51% attack may have been attempted at the same time. In any case, it's important to realize that development is not without risk. It may make sense for Litecoin to trail Bitcoin development (like not go to 0.8 yet) until it has the development resources to fix a similar issue. Since we're all in this together in some respect, I believe many of the core Bitcoin developers would take an active and immedate interest in fixing a similar issue were it to happen to Litecoin. At $6-7m market cap, Litecoin is starting to expand the monetary base of cryptocurrencies where for so long Bitcoin was the only game.

I agree, staying one version behind bitcoin isn't a bad idea from a development standpoint.

weex

legendary

Activity: 1102

Merit: 1014

Litecoin-qt/litecoind development has stalled since the 0.6.3 release. I fear that if this had happened to Litecoin, a 51% attack may have been attempted at the same time. In any case, it's important to realize that development is not without risk. It may make sense for Litecoin to trail Bitcoin development (like not go to 0.8 yet) until it has the development resources to fix a similar issue. Since we're all in this together in some respect, I believe many of the core Bitcoin developers would take an active and immedate interest in fixing a similar issue were it to happen to Litecoin. At $6-7m market cap, Litecoin is starting to expand the monetary base of cryptocurrencies where for so long Bitcoin was the only game.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Deprived on March 12, 2013, 01:04:40 AM

Quote from: Mjbmonetarymetals on March 12, 2013, 12:31:14 AM

Quote from: 🏰 TradeFortress 🏰 on March 12, 2013, 12:16:27 AM

If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.

is there a reason why liecoin hadn't been upgraded ?

Yeah - we like to try things out on our test system (Bitcoin) before deploying them

I LOLed here. Cheesy

Palmdetroit

legendary

Activity: 910

Merit: 1000

PHS 50% PoS - Stop mining start minting

Quote from: Atruk on March 12, 2013, 12:43:35 AM

Quote from: Palmdetroit on March 12, 2013, 12:25:15 AM

Bitcoin is alpha litecoin is beta

I believe it is more Bitcoin is a beta, while Litecoin is Pre-Alpha EXPERIMENTAL: DEV BRANCH.

As screwed as Bitcoin might appear right now, this hiccup is just Bitcoin getting screwed in the sense that its getting its dick a little wet.

Litecoin yet to attain sufficient value to demonstrate its central promise, that it can resist attacks from specialized hardware (it lost a weaker version of this when GPU mining started). Now that it's gaining some value people might test the strong version of this. In the interim it does the typical cryptocoin things alright, and is useful for those tasks.

Wow weird I thought with all the ASIC stuff bitcoin was becoming more centralized and litecoin more decentralized . I always thought the main benefit with crypto was decentralization, not centralization.

oh wait that's right.

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: Deprived on March 12, 2013, 01:04:40 AM

Quote from: Mjbmonetarymetals on March 12, 2013, 12:31:14 AM

Quote from: 🏰 TradeFortress 🏰 on March 12, 2013, 12:16:27 AM

If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.

is there a reason why liecoin hadn't been upgraded ?

Yeah - we like to try things out on our test system (Bitcoin) before deploying them

This is so true Cool

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: Palmdetroit on March 12, 2013, 12:25:15 AM

Bitcoin is alpha litecoin is beta

Bitcoin is forked, Litecoin is fine

Deprived

hero member

Activity: 532

Merit: 500

Quote from: Mjbmonetarymetals on March 12, 2013, 12:31:14 AM

Quote from: 🏰 TradeFortress 🏰 on March 12, 2013, 12:16:27 AM

If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.

is there a reason why liecoin hadn't been upgraded ?

Yeah - we like to try things out on our test system (Bitcoin) before deploying them

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: John (John K.) on March 12, 2013, 12:12:58 AM

AFAIK Coblee and Greedi is the dev team.

Coblee and LaSeek.

Greedi went awol.

Atruk

hero member

Activity: 700

Merit: 500

Quote from: Palmdetroit on March 12, 2013, 12:25:15 AM

Bitcoin is alpha litecoin is beta

I believe it is more Bitcoin is a beta, while Litecoin is Pre-Alpha EXPERIMENTAL: DEV BRANCH.

As screwed as Bitcoin might appear right now, this hiccup is just Bitcoin getting screwed in the sense that its getting its dick a little wet.

Litecoin yet to attain sufficient value to demonstrate its central promise, that it can resist attacks from specialized hardware (it lost a weaker version of this when GPU mining started). Now that it's gaining some value people might test the strong version of this. In the interim it does the typical cryptocoin things alright, and is useful for those tasks.

Mjbmonetarymetals

legendary

Activity: 1096

Merit: 1067

Quote from: 🏰 TradeFortress 🏰 on March 12, 2013, 12:16:27 AM

If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.

is there a reason why liecoin hadn't been upgraded ?

Palmdetroit

legendary

Activity: 910

Merit: 1000

PHS 50% PoS - Stop mining start minting

Bitcoin is alpha litecoin is beta

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: John (John K.) on March 12, 2013, 12:12:58 AM

AFAIK Coblee and Greedi is the dev team.

Greedi is long gone, failed coup of all things...

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

AFAIK Coblee and Greedi is the dev team.

Mjbmonetarymetals

legendary

Activity: 1096

Merit: 1067

The Bitcoin fork event looks to have been handled swiftly, it does highlight the still experimental nature of Bitcoin and seems to be an excellent argument in favour of Litecoin, I would be interested to know who the Litecoin Dev. Team consist of and whether they would handle some similar event as well as it appears the Bitcoin Dev team has .

Topic: Litecoin Dev. Team ? (Read 1376 times)