[ann] Litecoinplus Wallet Update - Pow Added
[ANN] LitecoinPLus wallet update - PoW added Windows MAC OS X Boostrap Source Code Founded in 2014 and initially developed as a Scrypt PoS coin, LitecoinPlus (LCP) effectively iterates on Litecoin's robust foundations with a host of important functional enhancements, enabling to focus on both security and sustainability of the ecosystem. The decision to use PoS, which is intrinsicly a green algorithm (i.e. computationally not intensive), serves to future-proof the coin against debilitating energy requirements inherent in mass adopted PoW coins such as Bitcoin. LCP was subsequently upgraded to a PoW/PoS hybrid, bolstering resistance to attack compared to coins that utilise PoW or PoS exclusively as well as empowering users with flexibility in how new coins are minted. Low coin supply and healthy ratio of outstanding to total supply position LCP favourably with respect to long term stability and ultimately as a viable next generation commodity and store of value. Scrypt Proof of Stake / Proof of Work hybrid Reduced by 0.25 LCP every 200,000 blocks down to a minimum of 0.25 LCP. Projected 10+ years to fully mint total supply Added proof of work, and corrected PoS to 15% bitbar is now in the voting section of Added proof of work, and corrected PoS to 15% Now trading on NovaExchange After it get's 1000USD volume, coinmarketcap.com can be updated by request via form: Good to see that old coins get even nowadays support. Maybe i'll mine some coins when the diff stay low. Spidersbox hello! Are you ready to donate coins to add to the new pool, I'm negotiating like you and asked earlier with the developer of the pool and I'm waiting for your confirmation? I know that you wrote to me earlier about the fact that you have coins, but how much are you willing to pay for the addition? Continue reading >>
Man's Life Savings Stolen From Hardware Wallet Supplied By A Reseller - Bitcoin News
Mans Life Savings Stolen from Hardware Wallet Supplied by a Reseller Hardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the device on Ebay. Also read: Cryptocurrency Valuations Have Created Very Wealthy Founders Redditor moodyrocket is coming to terms with having his life savings wiped out this week, after $34,000 of crypto was stolen from his newly acquired Nano Ledger hardware wallet. The device was compromised, not due to any flaws in its design, but thanks to a man in the middle attack that saw the reseller insert their own recovery seed. The buyer then unwittingly began using the wallet, unaware that the default seed they were using had not been randomly assigned by the manufacturer. He explained : I have not used my Ledger in a week, today I decide to check the value of my XRP, Litecoin and Dash only to discover that all of them showed up as zero and had been transferred somewhere else yesterday all around the same time at 7:30pm. I am not sure how this is possible as I have not access my Ledger in a week. The victim was initially confused as to how the attack could have been successfully pulled off, before eventually twigging that the Ebay seller must have tampered with the device. After sharing his story on Reddit, Ledger reached out to moodyrocket and encouraged him to report the crime to bring the eBay seller to justice. The fraudulent documentation that came with the wallet. The odds of the British-based victim getting his cryptocurrency back are remote, but his loss can at Continue reading >>
So, The 'litecoin Cash' Hard Fork Happened - Is It Legit? - Bitsonline
A token project called Litecoin Cash (LCC) performed a hard fork on the Litecoin blockchain late yesterday, creating a token that trades on four minor exchanges. Is it a legitimate experiment with blockchain technology, or an attention-grabbing pump? We examine some of the details you should look at in this and any other hard-fork token offering. Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Litecoin Cash Key Differences and Similarities to Litecoin Litecoin Cash hard-forked from the Litecoin blockchain at block 1,371,111 late on Sunday February 18th EST. It took a snapshot of all Litecoin outputs and wallets at that point, and awarded 10 LCC tokens for every one LTC. Another key difference is implementing Bitcoins SHA-256 hashing algorithm in place of Litecoins Scrypt. This is likely to recruit a ready mining network from owners of obsolete Bitcoin mining hardware looking for a new coin to mine. LCC will recalculate mining difficulty at every block using the DarkGravity V3 algorithm from Dash, to prevent miners changing pools too rapidly. Its block rewards will also start off lower, at 1.25 LCC, and grow to 250 LCC over the first 400 blocks. The first 24 blocks also mined at minimum difficulty, in measures designed to avoid giving a disproportionate advantage to early miners. However, there is a small premine that devs claim is less than 1 percent of circulating money supply which will go to a development fund. Like litecoin, LCC will target block confirmation times of 2.5 minutes, but promises 90 percent cheaper transactions than LTC. Like Litecoin, transaction blocks will have segregated witness (SegWit). Is Litecoin Cash Necessary? Is it a Scam? Unlike Bitcoin, its unclear why Litecoin actually needed a hard fork Continue reading >>
Bitcoin: This Cryptocurrency With 5,700% Return In 2017 Is Giving Serious Competition To Bitcoin! - The Economic Times
This cryptocurrency with 5,700% return in 2017 is giving serious competition to bitcoin! In the international markets, the currency is hovering at around $253. Digital currency Litecoin overtook IOTA and Ripple and became the fourth largest cryptocurrency in terms of market capitalisation after bitcoin, ethereum and bitcoin cash. With market capitalisation of Rs 0.88 lakh crore, litecoin was trading at Rs 16,313 at around 10.55 am (IST), according to the data available with coingecko.com. In the international markets , the currency is hovering at around $253. On a year-to-date basis, litecoin has surged over 5,700 per cent till December 12, whereas bitcoin has gained 1,550 per cent during the same period. IOTA and ripple have market capitalisation of Rs 0.75 lakh crore and Rs 0.67 lakh crore. IOTA was trading at Rs 270.59, while Ripple was trading at Rs 17.28 at around the same time. IOTA represents a third generation of blockchain after the development of bitcoin and ethereum were developed. It actually isn't a simple blockchain anymore, but rather a completely new concept. Star of the year, bitcoin is hovering around Rs 10.73 lakh. Below are the five things you should know about Litecoin: a) Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee . Lee is a former Google employee and Ex-Director of Engineering at Coinbase, one of the largest exchanges and the first to list litecoin alongside bitcoin and ethereum. b) The Litecoin network is scheduled to cap at 84 million currency units. c) Litecoin is very similar to bitcoin in its technical implementation. Generating new litecoins is possible through mining as well. d) According to Deutsche Bank Wealth Management, Litecoin has an advantage in processing speed. Its 4x faster than bitcoin - a block is generate Continue reading >>
Litecoin Price Jolts On Cash Fork Scam
Litecoin ($LTC) is supposed to have a fork today thatll give users 1 Litecoin Cash for every 1LTC coin they hold. The key phrase in that sentence is supposed to. Thatll happen at block 1,371,111, the creators of Litecoin Cash suggest. This news sent the price of Litecoin jolting upward. But this news might not actually be true so to speak. The creator of Litecoin, Charlie Lee, said near the end of January of this year that any fork of Litecoin by name is a scam. He includes Litecoin Cash, Litecoin Plus, and *, meaning anything with the name Litecoin in it, are scams. This does not mean that Litecoin Cash does not exist, only that its not a true Litecoin derivative, and its not like, for example, Ethereum Classic ($ETC), which is far closer to Ethereum than Litecoin Cash is to Litecoin. Since on the topic of scams, any fork of Litecoin, calling itself Litecoin something or other, is a scam IMO. Litecoin Cash, Litecoin Plus, Litecoin * all scams trying to confuse users into thinking they are Litecoin. This also applies to all Bitcoin forks trying to confuse. Charlie Lee [LTC] (@SatoshiLite) January 30, 2018 Our investigation revealed that the people who registered LitecoinCa.sh (the website) did so on the 21st of January. And their fork is supposed to go live today, less than a month later. Are these developers the greatest bunch of magicians of all time? I think they might be. Also of note: their website is WhoisGuard protected, so the true name of the buyer cannot be revealed. The LitecoinFork Twitter account made its first Tweet on January 26th. Thats a few days after the registration of the website just about right for the time it takes to move from registration to connecting to domain hosting, if separate. Their Twitter uses images of women theyve hired with Fiverr Continue reading >>
Litecoin Plus Prediction, Lcp Forecast Price Charts - Is Litecoin Plus Agood Investment?
Litecoin Plus Prediction, LCP Forecast Price Charts - Is Litecoin Plus aGood Investment? "Should I invest inLitecoin Plus CryptoCurrency?" "Should I buy LCP today?" According to our Forecast System,LCP isan outstanding long-term (1-year)investment*.Litecoin Plus predictions are updated every 3 minutes with latest prices by smart technical analysis.It's important to note that due to the low market cap, LCP price can be easily manipulated. Q&A about LCP projections. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Litecoin Plus.If you are looking for virtual currencies with good return, LCP can be a profitable investment option.Litecoin Plus price equal to 3.499 USD at 2017-12-14. If you buy Litecoin Plus for 100 dollars today,you will get a total of 28.577 LCP. Based on our forecasts, a long-term increase is expected,the price prognosis for 2022-12-05 is 12.271 US Dollars. With a 5-year investment, the revenue isexpected to be around +250.66%. Your current $100 investment may be up to $350.66 in 2022. Continue reading >>
Litecoin Hard Fork | Blockchain24.co
Written by Kajetan Makowiak | February 20, 2018| cryptocurrency , news Litecoin Cash (LCC) has just been created; new cryptocurrency has been released from Litecoin (LTC) hard fork at Litecoin block 1371111. 10:1 Claim Ratio For every 1 LTC you hold during the fork, youll receive 10 LCC. SHA256 Mining After the fork block, Litecoin Cash switches to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. Network Resilience Mining difficulty is recalculated every block, using Evan Duffields proven DarkGravity V3 algorithm from Dash. This provides more predictable block times as well as network protection from multipool hopping. Optimised for the Real World Target block time of 2.5 minutes gives 4 times the transaction bandwidth of Bitcoin, while transactions are 90% cheaper than Litecoin. Slow-Start Control To prevent dominance of early miners who have an unfair advantage, block rewards will start at 1.25 LCC and grow to 250 LCC over the first 400 blocks after the fork. The first 24 blocks after the fork will be mined at minimum difficulty. After this, DarkGravity will adjust the difficulty based on observed block generation time. The 250 LCC block reward (equivalent to 25 LTC) will halven at the same chain heights as Litecoin. Pre-release Bootstrap Well release a blockchain bootstrap that you can download before the wallet becomes available or any mining is done. This will allow everyone to start mining at the same time instead of first having an unfair block download race. Were going all-out to ensure a smooth and fair launch. Small Premine An equivalent amount to less than 1% of circulating money supply (less than 0.65% of total money supply) at fork time will be paid to a development fund. Since on the topic of scams, any Continue reading >>
Forgotten Bitcoin Alternatives Involved In Massive Pump-and-dump Scheme
Forgotten Bitcoin Alternatives Involved In Massive Pump-and-dump Scheme Something very strange is occurring in the world of bitcoin and cryptocurrencies right now. Both Bitcoin Plus and BitcoinDark, two ridiculous forks of bitcoin, are seeing massive value gains all of a sudden. This is somewhat surprising, as it remains unclear what is going on exactly. It appears to be the season for bitcoin clones to gain some momentum, even though these pump-and-dump schemes usually dont last very long. Looking at the CoinMarketCap website , it is evident something fishy is going on right now. Both BitcoinDark and Bitcoin plus have seen significant value gains, even though neither currency has any real use cases. This is a clear pump-and-dump scheme, although it is a bit unclear why these two particular coins are seeing such volume right now. Neither of these coins has successfully gained any traction, as they bring nothing to the table. That being said, Bitcoin Plus saw a spectacular value gain of 1,088% over the past 24 hours. Even so, that only puts its market cap at US$4.6m, which pales in comparison to bitcoin or any other successful altcoin. One thing XBR has going for it is how there is a very low supply of coins in circulation right now, which is why the price per XBC was pushed up to US$48.74. BitcoinDark, on the other hand, saw a 194.5% value gain over the past 24 hours. It is unclear who is pumping these altcoins right now, although it is possible this is just another cryptocurrency whale looking to shake up the markets a bit. BitcoinDark now has a US$18.97m market cap, which is quite a significant change. Then again, it is expected both of these currencies will drop in value again soon enough. Investing in either Bitcoin plus or BitcoinDark right now may result in signi Continue reading >>
Has Reddit Banned Links To Localbitcoins?
Has Reddit Banned Links to LocalBitcoins? Join our community of 10 000 traders on Hacked.com for just $39 per month. A recent post on the Bitcoin subreddit has caused speculation that Reddit has banned links to LocalBitcoins.com, one of the safer and primary ways that people trade Bitcoin on a peer-to-peer basis. According to user BashCo, the problem has been ongoing: Refuse may be a bit too strong of a word here. I first messaged them about it five days ago on April 4th, plus one reminder on the weekend. Still no reply, but they are often very slow in responding. Ill give them another couple days. Throughout the post, it is made evident that links to LocalBitcoins are not being posted. An r/Bitcoin moderator even attempts to whitelist posts with said links, but they still do not appear. The most are made by user Frankenmint, who is a moderator on r/Bitcoin. That s/he is the one making the complaint makes it evident that this was not a local decision. Ironically, r/LocalBitcoins appears to be just fine. That subreddit has less than 1,000 users compared to r/Bitcoins more than 100,000. Notably, in the description of the subreddit, LocalBitcoins.com is not a link, but a word. Reddit has yet to respond to CCNs request for comment. Reddit is not above a paternalist approach to its content moderation. When the Pizzagate conspiracy reached its fever-pitch last year, a ban of the subreddit and discussion of the topic was implemented sitewide . During the same period, CEO Steve Huffman publicly acknowledged having edited vitriolic posts directed at himself. The affair raised the age-old censorship on private property discussion. Companies like Reddit have to make careful judgement recalls when dealing with freedom of speech issues. After a certain point, too little moderation Continue reading >>
Development Update: Scorum Executes Atomic Swap Between Litecoin Andscr
The first blockchain powered sports media platform that rewards sports professionals and enthusiasts for sharing their passion for sports. www.scorumcoins.com Development Update: Scorum Executes Atomic Swap between Litecoin andSCR While only a few days away from the Scorum crowdsale , the team at Scorum HQ is pushing the progress of cryptocurrency innovation. Atomic swaps have seen a bit of publicity since they were first discussed several years ago and have been furthered by Charlie Lee of Litecoin and the Komodo team behind BarterDEX. But for the most part they have flown under the radar as the cryptocurrency world grew through the explosion of ICOs in 2017 and the headlines centered on bitcoins rise in value. So why does Scorum , a Graphene Framework-based blockchain, want to dabble in atomic swaps? For one thing, it has yet to be done. We all love a new challenge. As believers in blockchain technology and cryptocurrencies in general, we recognize that one of the major current flaws in the system is the reliance on centralized exchanges. Its a weak point that exposes a large amount of funds to hacks and the occasional allegations of insider trading . Also called atomic cross-chain transactions, theyre atomic because the transaction either happens fully or doesnt happen at all. If either party in the swap stops the process while auditing the contracts, then both parties receive their original coins back. Simple in concept, the implications of executing this quickly, at scale, while maintaining privacy will usher in a new era of cryptocurrency trading and, most importantly, utility. We see Komodo Platform s Barterdex as a promising decentralized exchange that could bring atomic swaps into the mainstream in the next year. Once accomplished, fine-tuned, and integrated i Continue reading >>
10 Step Guide For Day Trading Bitcoin, Ethereum Andlitecoin
10 Step Guide for Day Trading Bitcoin, Ethereum andLitecoin Ethereum is up over 2,000% since the start of2017. Bitcoin is one of the most important inventions in all of human history. For the first time ever, anyone can send or receive any amount of money with anyone else, anywhere on the planet, conveniently and without restriction. Its the dawn of a better, more freeworld. This past Labor Day weekend (Sept 2017), needing a break from my startup Harvey , I had the choice of binge watching Narcos 3 on Netflix or taking a deep dive into cryptocurrencies. Since learning about the impressive $100M fundraise by Coinbase at a $1.6B valuation last month, Ive been eager to understand their product suite a little better and discover where there might be a new income opportunities, so I jumped in and went deep. Disclaimer: I am not an expert in cryptocurrency day trading, nor do I pretend to be one. I am not offering financial advice. Please understand your own risk tolerance and be responsible with your hard-earned money. I started by wanting to know, in particular, if bitcoin was going to be the punchline of jokes like beanie babies in the 90s, and featured in Economics 101 classes as part of bubble theory. My quick conclusion: I dont believe the bitcoin hype is over-exaggerated. While there will be significant volatility in the price and valuation of bitcoin over the coming years, I strongly believe it and the entire asset class of cryptocurrencies will become a core part of the financial system within 3 years or less. There is enormous risk in trading these assetsmore so than gold, REITS and other commoditiesbut the global market capitalization of cryptocurrencies ( $148 billion today ) I expect to pass $1 trillion by 2019. Many of todays coins will die off, and the ones th Continue reading >>
Litecoin Plus News, Analysis And Price Prediction (lcp) | Marketbeat
Sign-up to receive the latest news and price data for Litecoin Plus and its competitors with MarketBeat's CryptoBeat newsletter. Litecoin Plus (LCP) Frequently Asked Questions What exchanges can I buy or trade Litecoin Plus on? Litecoin Plus can be purchased or sold on the following cryptocurrency exchanges: Cryptopia . It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase . Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Litecoin Plus. Litecoin Plus produces its own wallet software that is available for download on its website , which allows you to store Litecoin Plus on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S . If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits. One Litecoin Plus (LCP) is currently worth $0.29 on major cryptocurrency exchanges. You can also exchange one Litecoin Plus for 0.00003647 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Litecoin Plus in U.S. dollars is $348,058.00. What hashing algorithm does Litecoin Plus use? Litecoin Plus is a proof of work (PoW) and proof of stake (PoS) coin that uses theScrypt algorithm. Litecoin Plus can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with N Continue reading >>
Cex.io 2017 Review - Why Reddit Users Are Complaining About This Bitcoin Exchange?
Last updated on November 3rd, 2017 at 11:55 am July 2017 Update: Recently Ive been noticing an increase of users complaining about CEX.io. I suggest reading the reviews Ive mentioned in this post and the comments in the comment section and judging for yourself. Ive had several people asking me to remove this review, however from my personal experience Ive never had an issues with the exchange. In any case, trade with caution. CEX.io is one of the oldest Bitcoin exchanges around. It started out in 2013 in London as a Bitcoin exchange and cloud mining provider . At some point itsmining pool, known as Ghash.io, was so big it held 42% of the total network mining power. However, on January2015 the cloud mining operations were closed and today CEX.io operates solely as a Bitcoin exchange. CEX.io is registered with FINCEN andIt applies KYC (know your customer) and AML (anti money laundering) policies. This means youll need to verify your identity before you will be able to buy Bitcoins via the exchange. CEX.io allows you to buy Bitcoins using your credit card, a wire transfer or a SEPA transfer (if you live in the EU). However CEX.io transactions work a bit different than other Bitcoin exchanges, they arebased on Fill-or-Kill orders (also known as FOK). FOK orders are orders that are executed immediately and in full. So whatever you agreed to pay or get, thats exactly what will happen. This is different than how other exchanges work where you may encounter liquidity issues. So for example, if you but 2 Bitcoins at an agreed rate on CEX.io you will definitely receive that amount, however if you but 2 Bitcoins on Bitstamp you will need to wait until someone whos willing to sell you those Bitcoins at your requested price comes along. However, for this to work 100% CEX.io has to Continue reading >>
Is Litecoin Plus A Scam?
We say... double check and Google Litecoin Plus news. How to determine if Litecoin Plus is a scam? Please remember Litecoin Plus is missing some profile data This profile is waiting for 3 pieces of information. We are still waiting for the following pieces of information to be submitted Details about the team have not been submitted. Update Details about the whitepaper have not been submitted. Update Details about the available exchanges have not been submitted. Update Look through the Litecoin Plus checklist... Does the Litecoin Plus website ( ) look professional and contain the relevant information? The project team profile has not been submitted. The project whitepaper profile has not been submitted. Are you comfortable with the 24hr sales volume of $2104.19USD Go and have a look at the coinmarketcap information page ( ) - check out the historical price action, look at the charts, are you happy with financial statistics? Is the Litecoin Plus ( ) Facebook page active? Are you happy with the community engagement and sentiment? A Facebook page will have community members from all technical levels (beginners to experts). Is the Litecoin Plus ( ) Twitter account active? Are you happy with the community engagement and sentiment? A Twitter page will have community members from technical medium levels onwards (medium to experts) Is the Litecoin Plus ( ) Bitcointalk thread active? What is the general sentiment of the discussion and project engagement? A Bitcointalk thread will have community members from technical higher levels onwards (higher to experts). Is the Litecoin Plus ( ) blockchain explorer show a healthy blockchain with plenty of transactions? thread active? What is the general sentiment of the discussion and project engagement? Have you checked the news for any c Continue reading >>
Litecoin (ltc) Partners With A Company That Handles Over $560 Billion In Transactions
Litecoin (LTC) Partners with a Company that Handles Over $560 Billion in Transactions Litecoin (LTC) is once again proving to be the best cryptocurrency to buy yourself a cup of coffee. The blockchain also plans to release Litepay, an instant payment feature that offers a very low TX fee, usually below 1% of the transaction and is secure. Aliant Payment Systems (APS), an international merchant service, recently agreed on a partnership with Litecoin. Aliant carries out over 15.5 billion transactions annually and this recent partnership with Litecoin org., may well push the coin past the $1000-mark. As more corporations continue to accept the blockchain, such as JP Morgans new technology does, then the field only looks to get stronger, especially for Litecoin. We expect Litecoin to emerge as a prominent everyday payment option.Eric Brown, APS CEO. Litecoin (LTC) is a decentralized and secure platform that creates a peer-to-peer network that enables costless, instant and secure transaction. The platform runs on LTC coins to enable peer-to-peer transactions that are cheaper and faster than the Bitcoin (BTC). The Bitcoin-forked coin ensures faster transaction times than Bitcoin and has been a preferred coin to merchants due to its low transaction fees. Since Charlie Lee, the creator of Litecoin, announced on his Reddit page that he had sold and donated all his LTC in December 2017, the price of one coin has remained relatively stable till February 6th. On this day, the coin experienced a massive 60% drop in price from highs of $318 to a year-to-date low of $109. However, the coin saw its price soar on Valentine day by a staggering 34% to close the day above the $300-mark marking a huge victory for the coin. The coin currently trades at $215, a 5% drop since Charlies coin sa Continue reading >>