Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio
by
Totscha
on 14/02/2018, 14:20:29 UTC
...

@Totscha: Main development has happened in our private BitBucket account. GitHub is used as a staging/integration tree. This is currently a private repo but will be public the same instant we release binaries; we want to checkpoint the last scrypt block before we release. Regarding cold/hot place, right now it's a little chilly so our preference is the inferno.


You're good. A calm response... Smiley

Even if you are completely legit. And you'll have a hard time convincing me. I still feel the whole project is at the least unnecessary. It doesn't bring anything new to the table, not really.

Using SHA256? The miner with the best efficiency that is willing to mine for the lowest profit margin is going to eliminate any miners wanting to use legacy hardware. Using an effective retargeting algo is not going to solve that. So that's not really something you can use to promote your coin.

And then there's this thing I hear about a 1% premine. Modest. Smiley Just 5.5 Mil LCC, phew. Why did I even bother to mention this!? Pocket change...

So in conclusion, there is a way to convince me of your honest intentions, but it would require:
- full source code at least one week prior to block 1371112 being mined
- mining open to everyone for block 1371112, no Dash style mining launches thank you very much
- zero premine

Until then, cold dark place it is Wink