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Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
Democracy on Litecointalk.org? Lock the topic when unwanted voices are heard:
https://litecointalk.org/index.php?topic=18166.135
https://litecointalk.org/index.php?topic=18166.135
There were other topics opened, discussing the same problem.
This is your post:
Quote
We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.
You are a liar. You are A team of (?) .
Team of Litecoin developers and supporters already gave us their point of view on ASICs and hardfork, well thought through and well argumented. Anyone can and should read it here: https://litecointalk.org/index.php?topic=18166.0
Quote
This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.
To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.
We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.
To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.
We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.
And this are your "arguments".
Noone knows who you are, what is your background, your true intentions, your programming knowledge, basicly nothing. How you, a team of supporters and developers, intend to support LTC in the future and are u up to the task (we know current DEV team is as they proved themselfs )? You may as well be random guy who never vrote one line of code in his life.
And funny thing is, there are still idiots out there willing to support you, despite all of that. I would say good reflections of what kind of people stand behind you.
And do votes really reflect LTC (and by LTC i dont mean GPU) community opinion?
I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
I smell retard.
Yourself, i'd say.
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
Dont forget about all those people that BOUGHT LTC as investment, and dont know anything about mining, hardfork, GPUs, CPUs, ASICs, etc...
Quote from original post on LTCtalk from coblee:
Quote
Users
- Users will be split. Some will switch to the alternate client. Some users will not know or understand this change or decide to stick to the original client. This would leave them on the original fork where they can only send coins to other people on their chain. Coins sent between users on different forks will be lost. User confusion over what is a Litecoin would be an issue.
- Users will be split. Some will switch to the alternate client. Some users will not know or understand this change or decide to stick to the original client. This would leave them on the original fork where they can only send coins to other people on their chain. Coins sent between users on different forks will be lost. User confusion over what is a Litecoin would be an issue.
What is the will of investors?
People act like LTC = GPUs. Its not.
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
Democracy on Litecointalk.org? Lock the topic when unwanted voices are heard:
https://litecointalk.org/index.php?topic=18166.135
https://litecointalk.org/index.php?topic=18166.135
There were other topics opened, discussing the same problem.
This is your post:
Quote
We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.
You are a liar. You are A team of (?) .
Team of Litecoin developers and supporters already gave us their point of view on ASICs and hardfork, well thought through and well argumented. Anyone can and should read it here: https://litecointalk.org/index.php?topic=18166.0
Quote
This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.
To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.
We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.
To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.
We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.
And this are your "arguments".
Noone knows who you are, what is your background, your true intentions, your programming knowledge, basicly nothing. How you, a team of supporters and developers, intend to support LTC in the future and are u up to the task (we know current DEV team is as they proved themselfs )? You may as well be random guy who never vrote one line of code in his life.
And funny thing is, there are still idiots out there willing to support you, despite all of that. I would say good reflections of what kind of people stand behind you.
And do votes really reflect LTC (and by LTC i dont mean GPU) community opinion?
I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
- Would you just switch algorithm again when ASIC is ever built for X11?
- yes, we would. And because of that, no company would take the risk to invest in building an ASIC for X11 unless another X11 coin (HIRO / DRK) becomes the second cryptocurrency
Glad someone will make centralized decisions like rule changes meant to scare people. That inspires much confidence in the anonymous leadership.
If you intend to destroy something, and in the process leave people who invested $ with empty pockets, you have to stay anonymous, or you will have to look over your shoulder for the rest of your life, no?
Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
We need this hardfork! No ASICS for litecoin! No centraliced mining!
Lead the way, oh supreme leader, right to the jaws of ASIC, then we'll just hardfork it again right, best idea ever!Just that the x11 ASIC wont be with x10 boost like scrypt, it will be x1000 and the more expensive ones probably within couple of TH.
I doubt he understands cons and pros of ASICs and hardfork, and what damage hardfork might bring to LTC.
Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
Litecoin is made as asic resistant and it should be asic resistant.
ASIC resitant yes, ASIC proof no. We all knew ASICs will come one day.
Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
I wonder, how many of those votes are in fact litecoin supporters, miners, community, and how many just haters, happy to see someone trying to destroy it.
Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
This is so funny. LTC is not about to hard fork. Get real jr member.
LTC can't be hard forked, can it?I don't know. Who can explain more ?
Hardforking LTC is actually the easy part.
The hard part is to get a majority of the pools, exchanges, shops and users to use the new hardforked client.
We are now working on the hard part.
You should also explain to kids that voted for hardfork, that investors will lose trust in LTC, LTC will lose value, and mining wont be profitable at all, for anyone, and all those coins they mined over years will be worth nothing... so what ur really doing is trying to destroy LTC, simple as that. If you have problem with ASICs, make your own coin and do whatever you want with it, and leave LTC to DEV team who proved themselfs and have community support.
Who are you? What have you done for LTC so far anyways?
Your ANN post looks like every other scam coin post, no detailed explanation, no plans, no nothing. And bunch of retarded kids following "hey, my GPU still good!!! YAY!!!", clueless how much harm you will do.
This topic is still an exploration phase to find out how much support there is for a LTC to X11 hardfork.
Scam? We don't accept money or LTC, there's no IPO and we cannot be bribed.
Our team is heavily invested in LTC and we want to secure the future of our investment, either by making progress for LTC or by encouriging the original developers to do so.
This is not a hostile takeover, without community support this will not happen.
But we want to make clear to the current developers that LTC is an open source cryptocurrency. They may hold a nice domainname or github, they don't own the blockchain.
You keep talking about your team. Who is in that team? Who are you? We know LTC developers and creator, and we trust them. They are also heavily involved in LTC, and not only by investing, also by spending time developing and improving LTC, and logic tells you they will do what is best for LTC. If ASICs are less harmfull than hardfork, so be it. Anyone can buy them and support network. And when you talk about investment, you do realise that what you are doing can (and most likely will) jeopardize it?
There is thousands of people who invested in LTC and are clueless what mining is nor they care, really. I bet they dont hang around forums, so i would say most of them cant vote and yet we can count them as part of community. How would they vote?
Re: [POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?
This is so funny. LTC is not about to hard fork. Get real jr member.
LTC can't be hard forked, can it?I don't know. Who can explain more ?
Hardforking LTC is actually the easy part.
The hard part is to get a majority of the pools, exchanges, shops and users to use the new hardforked client.
We are now working on the hard part.
You should also explain to kids that voted for hardfork, that investors will lose trust in LTC, LTC will lose value, and mining wont be profitable at all, for anyone, and all those coins they mined over years will be worth nothing... so what ur really doing is trying to destroy LTC, simple as that. If you have problem with ASICs, make your own coin and do whatever you want with it, and leave LTC to DEV team who proved themselfs and have community support.
Who are you? What have you done for LTC so far anyways?
Your ANN post looks like every other scam coin post, no detailed explanation, no plans, no nothing. And bunch of retarded kids following "hey, my GPU still good!!! YAY!!!", clueless how much harm you will do.
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
LTC is not just about mining anymore... people have invested $ into LTC, so how will u explain to average Joe, that his 10000$ worth of LTC is lost, cause he send them to the LTC wallet that doesnt exist. Go and create your own "ASIC resistant" coin, build infrastructure around it, do whaveter you want... and leave LTC to DEV team and community behind them.
We, a team of Litecoin supporters and developers
who is this we?
Retarded scammer, trying to destroy hard work of LTC developement team, and most likely LTC itself...?
Re: ████████ [ANN] ▬►►Join COINO now◄◄▬ fast & high profit coin [low diff] ████████
Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.
Thats all I know
but thats the reason I just mine and dont dump my coins.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.
Thats all I know
but thats the reason I just mine and dont dump my coins.You hear lots of things....
yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.
Which exchange has enough volume so those companies can dump their coins? Or is there online wallet like coinbase to take the risk? Who is "Everybody expecting the price after a few weeks on cryptsy around $1-$2"? How many miners will leave after price drops and its less profitable than other coins?
And why would anyone cry if they dump coino for BTC? They have BTC, no? Or you also heard that coino will take over BTC...?
You created account 2 days after coino .. just saying, if its not pump and dump, your posts surely makes it look like one.
I can vouch for 0daycoins.com, since i helped developing it.
We have just added SSL and more info on the index page.
New coins and more cool stuff will be added soon.
If anyone got any question or problem you can message me here directly or on freenode(dima1236) and i try to help/pass it forward to the owners.
P.S.
The website design is a temporary a new one is on its way, so please don't hate us for that
Good job, I've already done a few trades. One thing you need to get people to trust you is some sort of support. Just starting a thread on here would be fine just so people have somewhere to go otherwise if things go wrong you will get lots of bad press.We have just added SSL and more info on the index page.
New coins and more cool stuff will be added soon.
If anyone got any question or problem you can message me here directly or on freenode(dima1236) and i try to help/pass it forward to the owners.
P.S.
The website design is a temporary a new one is on its way, so please don't hate us for that
Totally agree with the way you've done it - get the basic functionality out, add the fancy stuff later.
2 deposits, 2 trades, 2 withdrawals, all went smooth.
WTB 2.5K COYE for 1 LTC. Small transactions, I'll go first, unless you have negative reputation.
2500 COYE for 1LTC?I'm in
I will sell u 100000 for 1 LTC!