Topic: [LTC] Litecoin Core Development Fundraising - page 15. (Read 27990 times)

Hi folks.  Sorry to dampen enthusiasm.  I read the zerocoin paper and heard from core Bitcoin devs on the topic.  Their opinion is that it is incredibly inefficient in block storage use.  If Bitcoin adopts it or something like it then we may import it as part of a standard code rebase in the future.  Litecoin's own development in the next few months focuses on stability, security, user education, vendor integration and enhanced smart fees to allow lower fees with strong anti-spam protections.  All of these goals are to improve Litecoin's usefulness as a medium of exchange in commerce, which in the long-run is the only way to enhance its inherent value.

Litecoin Dev Fundraiser: 5,000 LTC Matching Donation Challenge
A big sponsor who wishes to be anonymous is willing to support the Litecoin Development Team.  They are offering a challenge grant where if we receive an additional 5,000 LTC in community donations by June 18th noon GMT, the anonymous sponsor will match with an additional 5,000 LTC.  These combined funds will go a long way toward enabling long-term development of the Litecoin software and related vendor integration tools.

The dev team donations prior to the challenge amount to 3,059.8868 LTC at LRNYxwQsHpm2A1VhawrJQti3nUkPN7vtq3.  The challenge will be complete when gross donations reach 8,059.8868 LTC as tracked on this spreadsheet.  Bitcoins donated to 1KD5tt1p3mdZH8DDXeEwdsJNpiwUZCfzkF converted and deposited to the LTC address count toward the challenge.

https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0
A list of sponsors, donations, and expenses of the Litecoin development project are listed here.  If you contact Warren with your txid and cryptographic signature proving ownership of the sending address, we may add your name or business name to the sponsor list, at our discretion.  

“The 5,000 LTC matching challenge funds is currently sequestered at LXhTDTv1cwGUb67DX88xtkQriYWmTFAVyr.”
Cryptographic signature of the quoted string proving the matching challenge funds: G/JW/UyKeN/Uplj1EVa2gmOZBN9g4FXXvNRHCnHJAdv7rtVMDX1pmfrpyLW47LaVKj7uPAfT/hKQuoMVJwPn/b4=

The identity of the anonymous sponsor will be revealed later.

Sponsorship Credit
https://docs.google.com/spreadsheet/pub?key=0AnlrnfU-U6E-dFVuUnlfZUlqek9JbzlNYjVENWp3ZlE&gid=0
All donations and expenses are to be tracked here.  Please let me know if you want your name to be listed as a sponsor.  Alternatively business owners might want their business name to be listed as a sponsor as a form of advertisement.  Please reply identifying yourself in the thread, perhaps include a crypto signature of the sending address as proof.  If you wish to remain anonymous that is fine too.