Litedoge Mining

[litedogecoin]

Hi

Your payouts of litedoge have been delayed the past few days - I guess its due your recent upgrades/moving servers - hope you fix soon.

Could you also reduce the auto payout threshold to 25000 LDOGE - it helps the small guy.

I have promoted your website here https://bitcointalk.org/index.php?topic=1077390.400

I think you guys are awesome - keep up the good work.


Regards
litedoge

Take Note:

Hard fork will occur at precisely 2015-06-29 - 13:00:00 UTC.

New wallet will be released prior to that time and is a mandatory update to implement the new block reward structure.

New block times (90 seconds instead of the existing 64 seconds) will be effective at that time to immediately reduce the number of coins being minted per day. The new reward structure begins at block 145,000 (approximately 6 days after hard fork).

New LiteDoge (LDOGE) Block Reward Structure:

Block Reward
51000 to 144999: 30000
145000 to 189999: 28000
190000 to 234999: 26000
235000 to 279999: 24000
280000 to 324999: 22000
325000 to 369999: 20000
370000 to 414999: 18000
415000 to 459999: 16000
460000 to 504999: 14000
505000 to 549999: 12000
550000 to 594999: 10000
595000 to 639999: 8000
640000 +: 6000

This will drastically reduce the POS rewards, which is good news for POW Mining.

There is a lot planned for this coin - litedoge to the moon ...

[Steve Sokolowski]

Thanks for the update. The cause of the payout issues is that Cryptsy is not processing our withdrawals in a timely manner. Chris is working on it as we talk and should be able to start issuing them within a few hours.

I'll also make sure he gets the upgrade processed quickly.

If you want payouts to occur without a threshold, you can check the "ignore payout threshold" box, by the way. That will cause payouts to occur every day, not just when the payout threshold is exceeded.

[rootdude]

Shame to see how the original DEV of LDOGE did the typical dump following PoW last time around... leaving the believers holding the bag. Hopefully this isn't a repeat of that disaster.

EDIT - yes, I mined LDOGE the first time around... and yes, I held a big bag, not a carry-on.

[Steve Sokolowski]

Shame to see how the original DEV of LDOGE did the typical dump following PoW last time around... leaving the believers holding the bag. Hopefully this isn't a repeat of that disaster.

EDIT - yes, I mined LDOGE the first time around... and yes, I held a big bag, not a carry-on.

I didn't know about this.

Is there going to be a problem with getting exchanges to adopt this fork? Cryptsy has killed coins like Elacoins by not adopting the latest fork. It doesn't matter what we think if exchanges don't upgrade.

[litedogecoin]

Thank you for speedy feedback.

A new Dev team has taken over - its a community coin now.

Most of the exchanges are already onboard for new wallet and fork.

As soon as its ready, I will post all details here.


Regards
Litedoge

PS: The "ignore payout threshold" box is working now - thx.

[litedogecoin]

Attention:

A hard fork will occur on June 29th, at 13:00:00 UTC

Please read this thread ... https://bitcointalk.org/index.php?topic=1077390.0

[Chris Sokolowski]

We are updated to version 3.1.1.1 and are ready for the fork.

[litedogecoin]

We are updated to version 3.1.1.1 and are ready for the fork.

There was a problem with version 3.1.1.1 - new wallet release - Version 3.2.1.1:

UPDATE: PLEASE USE THESE NEW LINKS FOR THE RECOMPILED WALLET: Version 3.2.1.1

https://bitbucket.org/ctgiant/litedoge/downloads

New win wallet: https://bitbucket.org/ctgiant/litedoge/ ... no-irc.zip

New mac wallet: https://bitbucket.org/ctgiant/litedoge/ ... .2.1.1.dmg

Correct chain explorer http://litedoge.hopto.org/

THANKS FOR YOUR PATIENCE - http://www.litedoge.org/

[Chris Sokolowski]

Okay, I updated the daemon to v3.2.1.1

[loszhor]

I must certainly keep up with the forums as this directly involves me. I started investing in LDOGE after PoW ended and experienced all the headaches mentioned but the developers pulled through in the end. The problem is that the developer tried to make a fancy "trailing" PoS block reward in combination with the static PoS reward and the mixing of such features proved disasterous with many, many forks caused by the unusual PoS implementation. I believe the culprit was having two different PoS types with in the same wallet. Once the LDOGE wallet returned to the static reward as before everything was fine.

All things considered, LDOGE is one of my best coins.