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Author Topic: ann Litecoin Plus (LCP)  (Read 125 times)

hinder

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ann Litecoin Plus (LCP)
« on: January 19, 2020, 05:54:44 PM »

Litecoin Plus (LCP)
Secure, Fast, Sustainable Ecosystem with 51 % Attack Prevention.

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 us to focus on both security and sustainability of the ecosystem.

The decision to use PoS, which is intrinsically 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 utilize 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 favorably
with respect to long term stability and ultimately as a viable next-generation commodity
and store of value.

Version 5.0 Wallet added Paladin51, It's a quick deploy 51% attack defense which can be activated
by any node or wallet on the network quickly.

LCP has a large community, strong development team, dedicated marketing team and is a solid choice
for hodlers, miners, and traders.  We encourage you to join the comunnity today.

Current Paladin51 Rules:

RULE_POW_ON_OFF: with this rule, we can control whether the network, within a specific range of blocks, accepts PoW or not altogether. If the rule is raised, PoW blocks are rejected by the network, and the node is soon disconnected by the clients, as the default behavior for invalid PoW found.

RULE_CLOCK_DRIFT: an attack is often carried by advancing the nTime of blocks rapidly mined, so that other nodes are too busy re-organizing the chain, and creating mini forks. Is not necessarily a dangerous thing, just annoying, cause the users would then need to re-sync the blockchain. By adjusting this value dynamically, we can fine tune it if this is detected by our algorithm.

RULE_POS_PERCENT: possibility to adjust the % of PoS remotely. Not really directly used against the attack, but combined with PoW off under certain conditions, could be used to achieve a drastic increase in PoS mining to sustain the network.

RULE_POW_REWARD: possibility to adjust the absolute reward of PoW mining. Again, not directly linked, but since we have added PoS dynamic percent, why not adding also PoW absolute reward. It would probably never be used, but is there.

RULE_BLOCK_TARGET: dynamic block target value (at the moment is 30s). Could be used also to mitigate an attack situation by diluting slightly the block generation.

RULE_DISABLE_OLD_CLIENTS: essentially is the “PALADIN ACTIVATED” flag, and does a few things internally in the code, among which, enabling PALADIN.

RULE_SUSPEND_SENDING: when this rule/flag is activated, all legitimate wallets will be unable to send coins out. This function is essentially the equivalent of suspending withdraws for Exchanges or mining pools or web wallets when a serious problem is detected, and precautionary, stop them. Receiving cannot be stopped, but an exchange could check the status of this rule dynamically with the new RPC command “testrule <height> <rule-type>”, in which <height> is the block height to test, and <rule-type> the rule type required to test, in this case 7. Exchanges could then take immediate actions in case they are receiving coins from some nodes, because legitimate nodes shouldn’t be sending when the rule is on, meaning very likely that the system is being targeted by malicious transactions.

Peers:

addnode=65.102.140.117    addnode=65.102.140.115    addnode=5.189.137.226
addnode=217.175.119.125    addnode=192.168.0.76    addnode=94.130.14.168
addnode=198.23.219.66


Main Links:

Our website:
http://litecoinplus.co/
Git links:
https://github.com/Crypto-Currency/litecoinplus
Whitepaper:
https://pbs.twimg.com/media/DaLZAIDW0AA5Vxr?format=jpg&name=small

Social Links:

Discord:
https://discordapp.com/invite/UqXEmd5
Telegram
https://t.me/joinchat/E-l5NUhc7JCfRzRco8YNMQ
Twitter
https://twitter.com/Media_LCP
Reddit
https://reddit.com/r/litecoinplus

Other Links:

Explorer:
http://lcp.altcoinwarz.com/
Coinmarketcap:
https://coinmarketcap.com/currencies/litecoin-plus
Coingecko:
https://www.coingecko.com/en/coins/litecoin-plus

Exchanges:

https://crex24.com/exchange/LCP-BTC
https://freiexchange.com/market/LCP/BTC
https://www.unnamed.exchange/Exchange/Basic?market=LCP_BTC
https://altmarkets.io/trading/lcpbtc
https://novaexchange.com/market/BTC_LCP/
https://ircex.com/markets/lcpbtc
 https://fides-ex.com/?ref=710797


Wallets:

Git Source:
https://github.com/Crypto-Currency/LitecoinPlus/releases/tag/v5.0.0.1
Windows Wallet:
https://litecoinplus.co/downloads/LitecoinPlus-v5.0.0.1-setup.exe
Mac OS Wallet:
https://litecoinplus.co/downloads/LCP-v5.0.0.1.dmg
Linux pre-compiled:
https://litecoinplus.co/downloads/Linux-Packed-v5.0.0.1.zip

Bootstraps:

http://litecoinplus.co/Downloads/bootstrap06272018.dat
https://litecoinplus.co/downloads/bootstrap-20190506.zip

Mining pools:

Mining Dutch:
https://www.mining-dutch.nl/pools/litecoinplus.php (low fee + Merge mining)

Top pool for mining lcp , Solo , Prop , Party and DPPS 
Has merge mining on 10 other scrypt coins while you mine LCP
Auto convert to lcp for multiport mining top profit.

http://coincave.nl/lcpstats.php
http://zergpool.com/site/block?id=1782
https://minelcp.com/
http://blazepool.com/
https://ahashpool.com/
https://prohashing.com/
https://theminingpool.online/
« Last Edit: January 25, 2020, 02:26:05 PM by hinder »

hinder

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Litecoin Plus (LCP) (informative article)
« Reply #1 on: January 22, 2020, 12:05:49 PM »
At first glance, Litecoin Plus (LCP, https://litecoinplus.co/) is just another hybrid crypto currency with SCRYPT encryption algo, those with PoW and PoS working at the same time. It is however still completely true to tradition of a 1 tier network and does not use any checkpoint server (the checkpoint code is in it, but is not used). No masternodes. Its very low supply of 4 million coins makes it a potentially very rare asset. After installing the full node wallet and syncing it, you will notice a few subtle things. First of all, the boot time is extremely fast for a crypto with such a large number of blocks, compared to almost all other similar wallets. It’s quite acceptable even on older hardware. Secondly, the syncing happens really fast, with block accepting speeds of almost 10x compared to Litecoin wallets. If you start both wallets at the same time after 1 day of them being off, Litecoin Plus will often be ready and fully synced before Litecoin. The former has 4+ million blocks, compared to the only 700k of Litecoin. This is thanks to the many small optimizations in the code. The team has been able to keep using Berkeley DB and obtain performances similar or better than Level DB. The former is still much more stable and resilient during unpredictable computer crashes or sudden shutdowns, with many repair tools and functions.

Enough of the tech stuff, what Litecoin Plus does is all the basic functionality of any other wallet just a little bit better. Everything about it feels better when using it, there’s no lag when operating with the interface, everything feels smooth and user interface is clean and functional. The wallet Themes are a nice feature and can be fully customized, since they are written in CSS. The Dusting function is exceptionally helpful to de-fragment the blocks when PoS has been running for some time, compacting it back to less blocks.     When the computer is being shutdown directly and the wallet is still running in background, the wallet performs a safe shutdown communicating with the operating system to hold the shutting down until is completed. This is definitely a development team that has user and safety at the top of its priority ! The range of wallets (Windows, Mac, Linux, Android) is completed by a fully functional Web Wallet (https://wallet.litecoinplus.co/), just 2-3 clicks away. Only a real email verification is required to start using it.

With the coming of the dedicated Exchange (https://lcp.exchange/) user will benefit the most, as Litecoin Plus will always have a place to be exchanged, regardless of who’s listing it. Such exchange is its small little reign, where it is the star of the show. Although initial pairs will be limited to LCP-BTC and LCP-LTC, according to the developers, almost all profits will be shared with the user, with an innovative method: “keep your Litecoin Plus deposited at the exchange, and share your part”. The exact formula is in the White Paper of the crypto, at https://litecoinplus.co/downloads/lcpwhitepaper122-en.pdf. If you have a full running node that is exposed with a public IP address, your share of profit is even higher, because you are greatly sustaining the network as well. No words yet on when other pairs will be added or allowed to be added, or whether there will be a fee or not.

It is clear to me that Litecoin Plus is not your traditional “payment method replacement” crypto currency. With its extreme stable chain and excellent software, it is an “instrument of storage of wealth”. Its value is destined to sky rocket in the long term (rate at the time of this article is about 0.02 USD, consider that it did reach 10 USD in the past). The future is all out for the investor. The main developers already pledged to setup a non-profit corporation that owns the coin once the value has reached sufficient number (according to this page https://litecoinplus.co/news.html, 2 millions USD of market capitalization). With the introduction of PALADIN (see https://litecoinplus.co/downloads/51-chart-v1.20.jpg), it will be possible for the developers to watch over the network with minimum intervention on the code in the future, allowing the team and the staff to do even greater things to safeguard the investors. When you see what has been implemented now (stuff like pausing the blockchain, and implementing global sending function suspension) you can only be very curious about what this small but innovative team has in store for us !


hinder

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ANN Litecoin+ (LCP) New update ALL Info Here.
« Reply #2 on: March 07, 2020, 09:46:16 PM »

LCP: Litecoinplus
Secure, Fast, Sustainable Ecosystem with 51 % Attack Prevention.

The Litecoin+ project is a community driven coin developed by Ty_simon & Spidersbox. Its community is growing daily and coin price is steadily gaining in 2020. This year LCP Core team put together an advertising and marketing group which has been directing community growth and this is shown to have a substantial impact on community loyalty which is important to the strength of the core group. Our project has had time to mature and grow into something beautiful and has grown in popularity. Now Litecoin+  is poised for substantial growth in the near future. Battle hardened with paladin 51, Litecoin+ is ready to defend your crypto holdings from 51 % attacks and bad actors in the crypto space. Currently the ONLY coin with this feature in the world of crypto Litecoin+  has a HUGE advantage over the rest of the alt coin world. Litecoin+ has its internal eyes focused on a top 100 spot and will NEVER stop till we get there and beyond.  Using SSL 1.1 for enhanced security and speed Litecoin+ is one in a handful of coins who have achieved this. Bringing a stop to 51 % attacks entirely to the world of crypto is not something you should consider lightly. This is the #1 problem in the world of crypto next to exchange hacks, We give you a tool against this simply by using Litecoin+ the network will protect your coins.

Coin Specifications:
    Algorithm Script PoW/PoS Hybrid
    Reward .1
    Difficulty Retarget Every Block
    Total Coin Supply 4,000,000
    Mined Confirmations 60
    Staked Confirmations 60
    Transfer confirmations 6
    Block Time 60 Seconds


Version 5.0 Wallet added Paladin51, It's a quick deploy 51% attack defense.

Current rules for Paladin51,

RULE_POW_ON_OFF: with this rule, we can control whether the network, within a specific range of blocks, accepts PoW or not altogether. If the rule is raised, PoW blocks are rejected by the network, and the node is soon disconnected by the clients, as the default behavior for invalid PoW found.

RULE_CLOCK_DRIFT: an attack is often carried by advancing the nTime of blocks rapidly mined, so that other nodes are too busy re-organizing the chain,
and creating mini forks. Is not necessarily a dangerous thing, just annoying, cause the users would then need to re-sync the blockchain.By adjusting this value dynamically, we can fine tune it if this is detected by our algorithm.

RULE_POS_PERCENT: possibility to adjust the % of PoS remotely.Not really directly used against the attack, but combined with PoW off under certain conditions, could be used to achieve a drastic increase in PoS mining to sustain the network.

RULE_POW_REWARD: possibility to adjust the absolute reward of PoW mining.Again, not directly linked, but since we have added PoS dynamic percent, why not adding also PoW absolute reward. It would probably never be used, but it is there.

RULE_BLOCK_TARGET: dynamic block target value (at the moment is 30s).Could be used also to mitigate an attack situation by diluting slightly the block generation.

RULE_DISABLE_OLD_CLIENTS: essentially is the “PALADIN ACTIVATED” flag, and does a few things internally in the code, among which, enabling PALADIN.

RULE_SUSPEND_SENDING: when this rule/flag is activated, all legitimate wallets will be unable to send coins out.
This function is essentially the equivalent of suspending withdraws for Exchanges or mining pools or web wallets when a serious problem is detected, and precautionary, stop them.
Receiving cannot be stopped, but an exchange could check the status of this rule dynamically with the new RPC command “testrule <height> <rule-type>”, in which <height> is the block height to test, and <rule-type> the rule type required to test, in this case 7.
Exchanges could then take immediate actions in case they are receiving coins from some nodes, because legitimate nodes shouldn’t be sending when the rule is on, meaning very likely that the system is being targeted by malicious transactions.


Staking Information:
Litecoin+ offers a great incentive to hold coins for the long term by offering 15 % stake on coins in the desktop wallet. The stake is calculated at 15 % annually but is rewarded on a daily basis. The web wallet offers a 10 % stake annually calculated weekly and paid out every Thursday. The other 5 % the web wallet generates is accumulated for advertising and marketing purposes and for other coin developments and upgrades.

Peers:

addnode=27.111.82.101:44351
addnode=212.59.240.23:44351
addnode=144.91.77.184:44351
addnode=200.120.131.236:44351
addnode=65.102.140.115:44351
addnode=142.4.214.7:44351

Main Links:

Our website:
http://litecoinplus.co/
Git links:
https://github.com/Crypto-Currency/litecoinplus
Whitepaper:
https://pbs.twimg.com/media/DaLZAIDW0AA5Vxr?format=jpg&name=small

Social Links:

Discord:
https://discord.gg/A7ESvBj
Telegram:
https://t.me/joinchat/E-l5NUhc7JCfRzRco8YNMQ
Twitter:
https://twitter.com/Media_LCP
Reddit:
https://reddit.com/r/litecoinplus
CryptoCity:
https://www.crypto-city.com/index.php/pages/460/
Facebook:
https://www.facebook.com/litecoinplus
Bitcointalk:
https://bitcointalk.org/index.php?topic=5220135.msg53683023#msg53683023

Other Links:

Explorer:
http://lcp.altcoinwarz.com/
Coinmarketcap:
https://coinmarketcap.com/currencies/litecoin-plus
Coingecko:
https://www.coingecko.com/en/coins/litecoin-plus

Exchanges:

We have set up an exchange for Litecoin+ as a base currency.
https://lcp.exchange/

https://crex24.com/exchange/LCP-BTC
https://freiexchange.com/market/LCP/BTC
https://www.unnamed.exchange/Exchange/Basic?market=LCP_BTC
https://ircex.com/markets/lcpbtc
https://bisq.network/markets/?currency=lcp_btc


Wallets:
Litecoin+ wallets offer advanced features which include an easy to use built in theme tab on our Windows , Linux and Mac based desktop wallets. The wallet comes packed full with over 107 currently available free to use wallet skins to customize your Litecoin+ experience however you choose! . There is something for everyone in the free wallet skins section we promise you will find a skin for your taste.  The wallet comes equipped with a dusting feature , which is an easy to use advanced form of coin control. Dusting will lump together all the small inputs in your wallet and make it more efficient for staking and speeds up the network in the process.

New wallet has been released !
Version 5.1.0.1, in honor of PALADIN 51. The new features are as above.

The official release link on Git:
https://github.com/Crypto-Currency/LitecoinPlus/releases/tag/v5.1.0.1

Windows 64 bit QT5: https://litecoinplus.co/downloads/litecoinplus-qt.zip
Ubuntu 64 bit QT5 packed: https://litecoinplus.co/downloads/linux-packed.zip


This update is extremely important, if you are not on a PALADIN version already, upgrade as soon as possible before the cutoff block ! We will announce the cutoff block within 2 weeks from now. From that block onward, all nodes running version < v5.0.0.1 will be cut, leading to a PALADIN capable-only network.



Mining pools:

Mining lcp direct:
There are a series of pools you can straight mine lcp at this can only be done with scrypt hardware. With the recent pow change its much smarter to multiport mine. (we do not recommend mining lcp directly) See #pools channel on discord for the list of pools. If you do not own hardware you can rent it from Mining rig rentals or nice hash.

Multiport Mining:
With the pow mining reward reduction in place now the best way to mine lcp is to use multiport mining for your algorithm on mining dutch mining pool and auto convert your earnings to lcp. You can mine lcp with any algorithm mining dutch supports, just set up your gear on their multiport port, then set lazy mining on to 100 % and set lcp in the pulldown menu.

Mining Dutch:

https://www.mining-dutch.nl/pools/litecoinplus.php (low fee + Merge mining)

https://hash-to-coins.com/index.php ( no fee )



Closing message from the team:
We encourage everyone in the crypto spear to come and see what LCP has to offer. We have a dedicated strong team who tirelessly works to improve LCP core code and wallets. We have an equally strong community marketing team and are always happy to have more community members helping with the project.  We have giveaways and bounty’s on our discord server. If you are interested in learning about lcp you can check out the community events and giveaways, Thanks for reading.
« Last Edit: March 07, 2020, 11:54:46 PM by hinder »

 

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