• Breaking News

    Thursday, November 4, 2021

    Litecoin Charlie Lee and David Burkett speaking shortly at LA Blockchain Summit

    Litecoin Charlie Lee and David Burkett speaking shortly at LA Blockchain Summit


    Charlie Lee and David Burkett speaking shortly at LA Blockchain Summit

    Posted: 04 Nov 2021 09:40 AM PDT

    Litecoin is now the 2nd most transacted crypto on bitpay surpassing Dogecoin and Bitcoin Cash in only a few months after being added to the platform.

    Posted: 04 Nov 2021 11:54 AM PDT

    Mimblewimble Progress Update Thread - October

    Posted: 04 Nov 2021 02:16 AM PDT

    Can someone give a birds eye view of MWEB?

    Posted: 04 Nov 2021 04:15 AM PDT

    Especially these questions.

    1. How much would it cost to send ltc through MWEB
    2. What is the approximate transaction per second of MWEB
    3. How is MWEB sidechain secure? Is it like doge merge-mining?

    Some basics info so that it will be use to educate MWEB on Twitter =)

    submitted by /u/Kcharng
    [link] [comments]

    LTC now accepted by AUS big 4 Bank is making headway across the community

    Posted: 03 Nov 2021 02:07 PM PDT

    LTC now accepted by AUS big 4 Bank is making headway across the community

    A few friends and I got together to create an crypto analytics platform that scrapes data from various social platforms to alert on over 5000+ coins.

    Todays top socially trending coin is LTC. We think it has most to do with one of Australias big 4 banks accepting cryptocoin trading including LTC.

    Would love to understand if this is the most pressing bit of latest news to cause this community activity or if theres anything else creating this LTC social wave?

    We post these alerts daily on our reddit if you want to keep up with the community engagement for Loopring and the other 5000+ coins.

    Alert shown below:

    Raw Feed LTC #6

    CBA Article: https://www.theage.com.au/business/banking-and-finance/cba-makes-landmark-move-into-cryptocurrencies-20211103-p595j3.html

    submitted by /u/Aaron1400BC
    [link] [comments]

    MWEB Update from Developer David Burkett

    Posted: 03 Nov 2021 05:24 PM PDT

    October Progress:

    Audit

    Quarkslab has finished their audit of the code! 📷

    I'll be meeting with them Friday to discuss their findings. After that, they'll work on releasing the audit report in a blog post, which I look forward to sharing with you all.

    Findings

    Since you'll be able to read the full report once they share their blog post, I won't dive too deeply into the findings here. But at a quick glance:

    There was one critical issue found that resulted from a mistake while merging the MWEB code & v0.21.1 code together. So when copying the changes into the latest release code, I missed a small, but crucial line of validation code that could've been exploited by a malicious attacker to cause serious disruptions to the chain 📷

    This tells us…

    1. We could really benefit from better functional test coverage around our validation logic to make sure we would catch similar issues ourselves in future releases.

    2. We should think about adding some processes we can follow to minimize the possibility of this happening. That could mean documenting all changes, or having 2 people perform the merge separately then comparing results, or a change to how we approach the code reviews.

    3. The audit was a really good idea (thanks Quarkslab!)

    There were also some smaller findings, and some great suggestions for how we could improve the quality and safety of the code. Overall, they were impressed with the code quality, which was exciting to hear 📷

    v0.21.1 (Taproot) Release

    The release process we inherited from bitcoin can be quite painful. It uses gitian to build repeatable and deterministic binaries from the source code. This means that multiple people can all build the code on different machines (and even different operating systems) and still get the same exact release binaries. We can then all compare the results and then sign the release, certifying that we all agree that the published release is safe & accurate.

    There's a lot of magic involved to make this work, which leads to a time-consuming & often frustrating experience (especially for n00bs like me). So I really dragged my feet on this one 📷. I finally forced myself to push through this a few days ago, and after fighting with some outdated scripts, was able to build all of the binaries successfully. I'll finish signing these tomorrow and hand them off for the other developers to repeat the build & verify results.

    MWEB Testnet

    After lots of promises and then take-backs, I've finally decided to release a binary that allows non-technical users to try out the MWEB testnet. I only have the windows release available right now, but I'll work on getting binaries for Mac OS X on Friday. Linux users can build their own, because I'm tired 📷

    Link: MWEB Testnet Release

    Here's my gpg key 1 if you'd like to verify the binaries first (you should). I'll add instructions on how to do that on the release page when I have some time.

    There's no installer, because I didn't want anyone accidentally replacing their actual litecoin wallet, so to use it:

    • Download (and verify) the zip file
    • Extract the litecoin-63fe928e4e8a
      folder
    • Find and run litecoin-qt.exe
      from inside the bin folder

    This will default to using the MWEB testnet, which you can tell by the off-colored logo and the [mwebtest]
    in the title bar. These use mwebtest coins, not actual litecoin coins. So pleeease don't try to use it with real money.

    You'll either have to mine a block to get mwebtest coins (you can CPU mine a block in no time), or find someone to give you some. If anyone is willing to setup a faucet, I've got a ton of coins you can have

    Also, if someone feels like writing a guide for how to create stealth addresses, send to and receive from them, and all of the fun stuff that goes along with it, you'd be my new favorite person.

    Remaining Schedule

    You're pretty much back to just waiting on me again 📷 while I finish applying audit suggestions and then pushing through the tedious process of merging, coordinating final reviews, writing release notes, and finally kicking off the beloved gitian builds. I don't know exactly how long that will take, but rumor has it that it increases by a full day for every person that asks me 📷

    What a long journey this has been 📷

    P.S. https://wenmweb.com 3 is up to date.

    https://litecointalk.io/t/mweb-progress-update-thread/26678/282

    submitted by /u/Bugatti99
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    App Store "Litecoin" App is Freewallet (Be Warned!)

    Posted: 03 Nov 2021 04:35 PM PDT

    WARNING APP NAME "LITECOIN"

    This is to document my workings with Freewallet after mistaking their Litecoin App for a native Litecoin wallet.

    I was transferred a wedding gift of litecoin. Not having a cold storage device, I decided to accept the gift using a software based wallet on a temp basis.

    READ THE FINE PRINT. Freewallet has a very questionable App Downliad and account setup process.

    Coins are as easy to accept as a wallet. But widthdrawels are blocked (its unclear what parameters kick off their account susoension scripts...but after they're tripped, it's clear you have no keys with you. You don't have a wallet.

    Responses from Support go to Spam

    I have now privided ID copy and selfi with ID in order to rectify the issue in accordance with their requests.

    Its to be determined what comes next.

    submitted by /u/Free-Version5532
    [link] [comments]

    Commonwealth Bank of Australia offers in-app LTC trading

    Posted: 03 Nov 2021 01:14 PM PDT

    Why LTC Crypto Is Likely to Keep Doing Well in 2022 and Beyond

    Posted: 03 Nov 2021 02:03 PM PDT

    Lockton insurance has no record of kucoin or it's affiliates as described on thier website and in press releases. Kucoin promised an audit and won't give us the audit or insurance info. Wtf

    Posted: 04 Nov 2021 02:17 AM PDT

    New platform that is wrapping DOGE and LTC! Yes Please !

    Posted: 03 Nov 2021 12:21 PM PDT

    Website / Domain for sale (Australia)

    Posted: 03 Nov 2021 02:40 PM PDT

    Hi litecoin community I am selling my domain name that I have held for years

    Litecoin.com.au

    DM with offer

    Kind Regards

    Sam

    submitted by /u/PsychologicalNeck551
    [link] [comments]

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