Topic: Re: [ANN] ★LiteBar★ [LTB] - Rare Coin - Growing Fast - Now on CRYPTSY! - page 19. (Read 96248 times)
April 02, 2014, 04:11:44 PM
Please withdraw your coins from pmtocoins.com it is being closed
April 02, 2014, 03:49:29 PM
109 votes and growing fast!!
We can make it!!
We can make it!!
+1
Please tweet/retweet guys! 
ThanksJust send some BTC to the BTC LiteBar vote address:) When it's calculated...they will add around 60 votes:)
I want to buy/sell LTB on more exchanges
April 02, 2014, 02:10:36 PM
109 votes and growing fast!!
We can make it!!
We can make it!!
+1
Please tweet/retweet guys! Thanks 
April 02, 2014, 02:05:08 PM
109 votes and growing fast!!
We can make it!!
We can make it!!
April 02, 2014, 09:03:07 AM
Quote
Insert Quote
Let's get LiteBar on Poloniex Grin We can do this!
Please tweet to @Poloniex "please add LiteBar" or "Can you add LiteBar"
Thanks! Smiley
Let's get LiteBar on Poloniex Grin We can do this!
Please tweet to @Poloniex "please add LiteBar" or "Can you add LiteBar"
Thanks! Smiley
I`ll check it out mate.
April 02, 2014, 02:08:13 AM
Let's get LiteBar on Poloniex We can do this!
Please tweet to @Poloniex "please add LiteBar" or "Can you add LiteBar"
Thanks!
We can do this!Please tweet to @Poloniex "please add LiteBar" or "Can you add LiteBar"
Thanks!
April 01, 2014, 04:41:15 PM
Is the dev still with this coin?
We havent seen updates for sometime.
We havent seen updates for sometime.
We are still very much with the coin sameev29
and we are taking note of what the users are requesting.Great news. The dev is still here. Nice.
For me, I prefer X11.
April 01, 2014, 04:39:26 PM
Is the dev still with this coin?
We havent seen updates for sometime.
We havent seen updates for sometime.
We are still very much with the coin sameev29
and we are taking note of what the users are requesting.Great to hear! This coin is doing well right now, and fills an important niche. I've noticed a lot of increased interest on the exchanges (especially CryptoRush.in, which unfortunately is having other troubles). Hopefully new exchanges will be added soon.
April 01, 2014, 12:02:32 PM
Is the dev still with this coin?
We havent seen updates for sometime.
We havent seen updates for sometime.
We are still very much with the coin sameev29
and we are taking note of what the users are requesting. April 01, 2014, 10:38:25 AM
Is the dev still with this coin?
We havent seen updates for sometime.
We havent seen updates for sometime.
April 01, 2014, 07:06:36 AM
I don't really have anything against X11, but the reasons I suggested Scrypt-N instead are as follows:
1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
I agree.1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
At this moment is better Scrypt-N than X11
April 01, 2014, 04:37:13 AM
I don't really have anything against X11, but the reasons I suggested Scrypt-N instead are as follows:
1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
the wait time isnt that far for scrypt asics..... month or so roughly
April 01, 2014, 12:40:11 AM
I don't really have anything against X11, but the reasons I suggested Scrypt-N instead are as follows:
1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
1. It's easier to implement (very closely related to Scrypt, so less work for the developer).
2. It's more widely supported by mining software than X11 at this point.
3. It's adjustable, so if Scrypt:2048 (the current level VertCoin and others use) isn't enough in a couple of years, it can be adapted as many times as needed to stay ahead of ASIC's.
4. The mining period for LiteBar is very short at only 5 years. Scrypt-N provides plenty of ASIC resistant properties to cover that short period of time.
5. This is debatable, but Scrypt-N is more "proven" then X11. It's been suggested by some (including the LiteCoin developers) that the X11 algorithm is more easily translated into ASIC hardware than other ASIC resistant efforts.
I know X11 is the new hotness, and I agree it would be a step up from Scrypt, but transitions like this are already challenging.
LiteBar is starting to show some growth, so it's important to not change things too drastically or too quickly.
The good news is that we're several months away from Scrypt ASIC hardware still, and most of it will be pointed at LiteCoin at first. So there's some time to deal with any potential threat.
March 31, 2014, 10:34:32 PM
Bought up most of the sell wall up to 0.0015 yesterday on crytorush.
I think x11 is the way to go.
Love having not sweating in my living room for a change lol
I think x11 is the way to go.
Love having not sweating in my living room for a change lol
March 31, 2014, 12:21:50 PM
OP has been updated with the Mac wallet!
I'll add my .02 about ASICs once I've had a chance to give it some thought...
I'll add my .02 about ASICs once I've had a chance to give it some thought...
March 31, 2014, 10:31:07 AM
I agree that x11 should be implemented. The way i see it, if newer coins don't adapt the technology, they will surely be doomed.
X11 algo is alot more ASIC resistant compared to scrypt-N... considering most people display the difficulty curve of scypt-n which could very well allow ASIC developers to "MOD" or redesign scrypt ASIC miners to do that algo as well.
March 31, 2014, 10:20:12 AM
I agree that x11 should be implemented. The way i see it, if newer coins don't adapt the technology, they will surely be doomed.
March 31, 2014, 10:14:20 AM
I'm a big supporter of LiteBar, but I've been thinking about a potential threat. Scrypt ASIC's are coming soon, and while a long established currency like LiteCoin may be able to handle that change, LiteBar could be very vulnerable with its very short mining period and small total number of bars. (Both of which are key features, that distinguish LiteBar from other currencies.)
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
maybe swing more towards the X11 algo, more efficient in power, scypt-N isnt always as good as its cracked up to be sometimes.
March 31, 2014, 04:06:06 AM
I'm a big supporter of LiteBar, but I've been thinking about a potential threat. Scrypt ASIC's are coming soon, and while a long established currency like LiteCoin may be able to handle that change, LiteBar could be very vulnerable with its very short mining period and small total number of bars. (Both of which are key features, that distinguish LiteBar from other currencies.)
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
Interesting point, I'm going to think about it before I give my opinion
March 30, 2014, 07:31:14 PM
I'm a big supporter of LiteBar, but I've been thinking about a potential threat. Scrypt ASIC's are coming soon, and while a long established currency like LiteCoin may be able to handle that change, LiteBar could be very vulnerable with its very short mining period and small total number of bars. (Both of which are key features, that distinguish LiteBar from other currencies.)
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
I'd like to propose to the developers that they consider a hard fork to using Scrypt-N in the near future to counter this problem. All the same software (sgminer, cudaminer, etc.) now supports Scrypt-N and it's a change that has actually boosted the value of other currencies that went from Scrypt to Scrypt-N. We want to keep the mining of LiteBars fair - it would be disasterous if it became centralized to only a few select miners with ASICs.
What do you other LiteBar supporters think?
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