Wow, some nice fud the last few pages from people that want a P&D coin and don't have any clue as to what it takes to develop something so I'll offer my perspective.
The roadmap "dates" are immaterial. Things on that list will be delayed, they will switch places and some will be dropped and new things added. That's the nature of development as new ideas come out and/or you hit difficulties. All that matters is that there is constant progress even if it's slow at times. And it will be slow at times as the dev tackles some of the more difficult features. That's going to cause the price to fluctuate as the day traders and those in the coin for quick profits manipulate things. That's natural and anyone investing in the coin needs to understand that and ignore all those that will come in the thread whining about it. I'll be blunt though. As someone that has a lot of development experience, when I look at the roadmap, I believe that many of the items on there will get shifted by a couple weeks as the development time for some of them feel too short to me. IMO things will stretch out to more like Feb 2015 for the completion of all the listed features.
Yes, right now LTCD doesn't offer much but it's the devs (TrollByFire) vision that is important here. Outside the features outlined, what's more important is that he's developing a coin that is more akin to being plug and play. The features are being developed in a modular manner with the Difficulty shield being the first part of that. If a new difficulty method was needed, it's just a matter of dropping in a replacement. Once Tor is done, if there are issues with it or it needs a security upgrade, you drop in a new module. Adding new features down the road also becomes more along the lines of dropping in a new module which, although not always a given, would not require recompiling the core.
PoS vs Tor switching places. Anyone that thinks Tor is somehow more important than PoS, is only interested in the coins current price and short term profits. PoS is an important step (along with the block reward change), towards long term stability and viability of the coin. As such it's very important it gets done "now". Based on a conversation I had with the dev a couple weeks ago, it's also my understanding that this will be a "new" method that will improve upon some of the issues inherent in PoS coins that are based on the old "coin age" method in coins like Peercoin. The one thing I really don't like though is that the whitepaper says 0%. Coins will be lost etc as time progresses and IMO there needs to be some marginal rate along the lines of 2%.
Reward change. Ok, yeah, that's been a bit of a mess. First there was the failed implementation but that sort of thing will happen at times. Interestingly, there was 3 or so other coins that had block chain issues and even a coin hack at the same time. One of those took a couple weeks of the network basically being down to get fixed. Since then there's been the miscommunication about when it would finally be implemented since the initial announcement about the wallet update said it was a mandatory update which many took to mean it included the block reward change. Well that shit happens especially with a new team that are learning how to communicate with each other. But it does not mean that somehow the dev isn't implementing it as some have suggested.
To sum up, when you're writing new code and/or changing the underlaying code, development takes time and cannot be predicted to exact dates. If you want to invest in a coin, then invest in the dev, his vision, and the strength of the community. If you're looking to "get rich quick", find a pump and dump coin.
The roadmap "dates" are immaterial. Things on that list will be delayed, they will switch places and some will be dropped and new things added. That's the nature of development as new ideas come out and/or you hit difficulties. All that matters is that there is constant progress even if it's slow at times. And it will be slow at times as the dev tackles some of the more difficult features. That's going to cause the price to fluctuate as the day traders and those in the coin for quick profits manipulate things. That's natural and anyone investing in the coin needs to understand that and ignore all those that will come in the thread whining about it. I'll be blunt though. As someone that has a lot of development experience, when I look at the roadmap, I believe that many of the items on there will get shifted by a couple weeks as the development time for some of them feel too short to me. IMO things will stretch out to more like Feb 2015 for the completion of all the listed features.
Yes, right now LTCD doesn't offer much but it's the devs (TrollByFire) vision that is important here. Outside the features outlined, what's more important is that he's developing a coin that is more akin to being plug and play. The features are being developed in a modular manner with the Difficulty shield being the first part of that. If a new difficulty method was needed, it's just a matter of dropping in a replacement. Once Tor is done, if there are issues with it or it needs a security upgrade, you drop in a new module. Adding new features down the road also becomes more along the lines of dropping in a new module which, although not always a given, would not require recompiling the core.
PoS vs Tor switching places. Anyone that thinks Tor is somehow more important than PoS, is only interested in the coins current price and short term profits. PoS is an important step (along with the block reward change), towards long term stability and viability of the coin. As such it's very important it gets done "now". Based on a conversation I had with the dev a couple weeks ago, it's also my understanding that this will be a "new" method that will improve upon some of the issues inherent in PoS coins that are based on the old "coin age" method in coins like Peercoin. The one thing I really don't like though is that the whitepaper says 0%. Coins will be lost etc as time progresses and IMO there needs to be some marginal rate along the lines of 2%.
Reward change. Ok, yeah, that's been a bit of a mess. First there was the failed implementation but that sort of thing will happen at times. Interestingly, there was 3 or so other coins that had block chain issues and even a coin hack at the same time. One of those took a couple weeks of the network basically being down to get fixed. Since then there's been the miscommunication about when it would finally be implemented since the initial announcement about the wallet update said it was a mandatory update which many took to mean it included the block reward change. Well that shit happens especially with a new team that are learning how to communicate with each other. But it does not mean that somehow the dev isn't implementing it as some have suggested.
To sum up, when you're writing new code and/or changing the underlaying code, development takes time and cannot be predicted to exact dates. If you want to invest in a coin, then invest in the dev, his vision, and the strength of the community. If you're looking to "get rich quick", find a pump and dump coin.
If your complimenting on what I was saying, It had nothing to do with PnD, 75,688,412 LTCD Already been mined, Maximum coins: 82.003.200 PoS is Useless, Many LTCD Millionaire, Price goes up ppl will dump. Do the Math (Unless you know something diff, and if so please explain) The coin is one month old and almost completely mined up, am I wrong, last i check marketcap page said 75,688,412 LTCD available. If so tell me. Ok if only a few million coin are left to be mined, How is PoS going to work, what going to get ppl to hold the coins in there wallet to stake interest. another thing if coin are all mined and no coins for PoS, how does the coin move in the blockchain, for fast transaction. we are running out of coins and we are running out of time and no the roadmap that been laid out is not being follow as plan, and I maybe wrong but you can look back I believe Litecoin Dev said the some of the pre-mine was to hire dev to do the features, So does that mean we dont have anyone to do the features, I see so many trust-fund babies saying they have million of coins they dont need money, that we are a bunch of loser, trust-fund babies dont need a job, they dont care if they get fired, Well guys im not that guy, I work hard for my money and proud of it. And I hate seeing my investment going down the drain, Guy im not only complaining to save my investment, I hate to see you guys loose ur investment too, So when mister dickhead get online and start running u down bcuz ur a bunch of proud people, just tell that dickhead to **** off, But u know what we got to look up to this week, a new video contest and sign up for reddit, this is bullshit, We are screwed, No PoS and No reduce of Block Rewards hurt us, and our PR guys say many months away, and the info is none of our business we will release it when we are ready, And u know it all that trying to shut me up, dont just answer one of these question, answer all these question. And the way i see it, no one buying these coins anymore, the bots are keeping it a float, and price is slowly going down. WELL Im done for the night, im not going to fill the pages up with ur guys FUD trying to get the answer I need, But if you ignore these question I will repost it.
