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- Litecoin Members
- 3 August 2019
- IG
- 09:05
- Ilir Gashi
- https://twitter.com/LTCFoundation/status/1157384953920929796?s=19
- C
- 15:35
- Chris π
- No offense, but that article is so weak. I'd find you hard pressed to get any serious contributions from that. It comes across as desperate by being so vague.
- There's zero detail about what's been done and where the money will go. Just comes across as "hey, we don't have much to share, we've kind of given up, please give us some money and maybe we can continue."
- K
- 15:43
- KrlMrksπ
- In reply to this message
- Agree
- 15:47
- As I understand things are not running smoothly...
- C
- 16:47
- Chris π
- The article should read something like:
- This is where we stand so far. These are the hurdles we need to overcome. This is what we think it will take to get there. Here is a realistic timeline. This is what we think it will cost.
- 16:47
- Very precise
- 16:47
- If it's $100k
- 16:47
- Then let us know
- F
- 17:20
- Franklyn
- I had mentioned this internally. It looks wrong to see us spending multiple six figures yet asking for small donations when it comes to development. Priorities are completely wrong and gives a poor image.
- C
- 19:08
- Chris π
- In reply to this message
- What was the response? Seems clear that the partnerships should be secondary.
- β
- 19:09
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- yeah very weird post
- C
- 19:09
- Chris π
- Development seems like the obvious priority, especially with the confidential transactions news that Charlie announced in February.
- 19:09
- Specifically since his original timeline was 'sometime in 2019.'
- β
- 19:09
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- Sadly you can't magically turn money into good crypto developers
- C
- 19:12
- Chris π
- Yeah
- β
- 19:14
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- Should have a candidate ready before explicitly asking for dev donations imo
- C
- 19:18
- Chris π
- Yeah that would be even better
- 19:18
- Just be precise
- 19:18
- Let me know what I'm contributing to
- β
- 19:18
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- With the monero crowdfunding system recipients have to detail what they're doing, and funds are often even held in escrow and released as milestone payments
- C
- 19:19
- Chris π
- Yeah I like that approach
- β
- 19:20
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- example of funding proposal here: https://repo.getmonero.org/monero-project/ccs-proposals/merge_requests/50#note_5435
- C
- 19:20
- Chris π
- Hard for anyone to make a substantial donation without details
- 19:22
- In reply to this message
- Yeah that looks legit
- 19:26
- Does someone in here operate the LTC Foundation Twitter?
- F
- 20:03
- Franklyn
- In reply to this message
- Indifference
- 20:06
- I was extremely disappointed to discover that no progress had been made on CT since the announcement, especially when I stand on stage telling everyone itβs happening and we are actively working on it.
- 20:10
- The foundation has opted to put all its efforts behind marketing and spending gross amounts of money flexing partnerships instead of doing the actual work. Something I have warned against.
- CL
- 20:30
- Charlie Lee
- In reply to this message
- Franklyn, please stop. The foundation has not spent any amounts of money on partnerships. Stop creating FUD. I have corrected you time and time again in our private chats. Why are you publicly creating FUD now? Iβm extremely disappointed.
- F
- 20:35
- Franklyn
- It is your money in the foundations name and image.
- CL
- 20:36
- Charlie Lee
- Every single dime that was spent on partnership came from my own pockets with Xinxi and a few others here (Chris and Teletan) pitching in for the Dolphins partnership. Like @null22 said, you canβt create good crypto code by throwing money at it. If I can, I would have.
- F
- 20:36
- Franklyn
- Nothing changes in private we have the same cycles and arguments. You tell the people here what we have done for development or for profenional level integration of the network
- CL
- 20:37
- Charlie Lee
- You speak as if we are grossly misusing foundation money. Stop speading FUD
- F
- 20:37
- Franklyn
- We can hire developers sponsor people to work on the tech who have the skills
- 20:37
- its 100% your money i am advising that it looks bad as we are seen to be doing nothing else
- 20:38
- i have no power over you or Xinxi if you want to throw money at sports games then i wont stop you
- 20:39
- what is the foundation anyway charlie? its you no one else
- CL
- 20:39
- Charlie Lee
- In reply to this message
- if thatβs really the case then mind as well pack up and go home
- F
- 20:39
- Franklyn
- you have the money and the authority, i suggest plans andtry to steer the project to a business side and each time its grassroots but you on top
- 20:40
- Wheres thrasher? have you heard from him since he appears to be ignoring our messages about dev updates
- 20:43
- If we cant fix code issues then why are we begging for money on twitter?
- CL
- 20:47
- Charlie Lee
- In reply to this message
- weβre not begging for money. People have asked how they can contribute money towards coding, so we are providing a way
- 20:48
- If people want to donate, we have a place for them to.
- F
- 20:58
- Franklyn
- That donation address only exists because i had to have an arguemnt in the slack about how it effects our image to not been seen to focus on development. Read the above messages from those who have contibuted to the foundation. It looks weak, you spend so much on sports and when it comes to this the community are expected to pay.
- IG
- 21:01
- Ilir Gashi
- In reply to this message
- John BMV, do you need to forward anything to him?
- CL
- 21:03
- Charlie Lee
- In reply to this message
- No one said the community is expected to pay. It seems like the expectation is that BECAUSE you fought so hard to put out this donation address. I donβt get it
- F
- 21:07
- Franklyn
- I never wanted a donation address because of how it effects the foundations image.
- CL
- 21:08
- Charlie Lee
- In reply to this message
- Well, it wasnβt my idea. It came from the community because people want to donate to us. There were a few reddit threads and people wanted us to generate an address.
- A
- 21:09
- Aztek_btc
- In reply to this message
- Yeah I'm the same, we had a donation address for @crypto, after 7 months of not a single tip I took them down
- 21:09
- In reply to this message
- I think donating to a team like litecoin is different
- 21:09
- Because they directly benefit
- CL
- 21:14
- Charlie Lee
- I honestly donβt care about what people think of the foundation. We do our best to help litecoin via development and adoption. We make no promises and donβt owe anyone anything. CT/MW development will come in time. We get most of our developments from Bitcoin. And thatβs perfectly fine. Litecoin works today. If we have 0 improvements from now on, it doesnβt diminish the fact that Litecoin works very well as money. I personally think adoption is much more important than core protocol devlopment today. We need more people to know about LTC. We need better and easier to use wallets. We need more merchants accepting LTC. So things like Spedn supporting LTC, partnerships with Dolphins, work on LoafWallet and new lightning wallets is more important than adding fungibility to Litecoin. Yes, fungibility is important as Iβve said in my tweets. But thatβs a long term goal. People want an update today because they care about pumping the price. I donβt care about that.
- A
- 21:16
- Aztek_btc
- In reply to this message
- To be honest I've heard so many people not I crypto talking about litecoin, think you guys are doing a dam good job
- CL
- 21:16
- Charlie Lee
- Litecoin wonβt lose because we are slow in getting CT/MW added.
- 21:17
- In reply to this message
- And thatβs all because of UFC, Dolphins, and other partnerships. Laymen doesnβt understand or care about MimbleWimble. I do and Iβm fine if it takes its time.
- A
- 21:18
- Aztek_btc
- In reply to this message
- π
- @
- 21:18
- @johnkim77 [LTC]
- Actually @xinxi_wang and I've talked about plans to proceed with CT on PM.
- He has a couple options he is thinking about. FYI
- β
- 21:19
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- There are a lot of people out there fully expecting that CT/MW will suddenly come to Litecoin this year and provide fungibility, so I think you need to make it clear that that's not going to happen.
- CL
- 21:19
- Charlie Lee
- And everyone should be honest about why they want CT/MW. Ask yourself why. Is it because you think Litecoin needs it OR because you think it can help pump the price to the next ATH?
- β
- 21:20
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- Because it needs it. I never even use Litecoin anymore because it has no privacy
- 21:20
- and there are already alternatives that do
- CL
- 21:21
- Charlie Lee
- In reply to this message
- I donβt think Iβve ever made any promises and people always have overblown expectations
- IG
- 21:21
- Ilir Gashi
- In reply to this message
- It isnt for Charlie to tell in my opinion, because it may or may not happen. It is decided by a community consensus so Charlie saying it wont happen wont make a difference
- 21:21
- People are expecting things to pump and are clouded by how development works
- 21:22
- It takes time, but I agree that we need to do more to be more transparent
- 21:22
- On research..etc.
- CL
- 21:22
- Charlie Lee
- People are not stepping up. Everyone is complaining about why no MW news but no one is stepping up.
- β
- 21:23
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- https://twitter.com/SatoshiLite/status/1089938859566063616
- CL
- 21:25
- Charlie Lee
- The honest truth is that no one is interested in working on Litecoin protocol development work. At least no one technically competent. You canβt just throw money at this problem. This is true for Litecoin since the beginning. It has only been me, Warren, and Thrasher.
- 21:26
- In reply to this message
- I donβt consider that a promise. Iβm just guessing there.
- F
- 21:26
- Franklyn
- OK so Warren has moved to Blockstream, Thrasher is AWOL and you?
- 21:27
- Lets make the record clear we cant string people along
- 21:27
- Lets sponsor a compotent bitcoin dev?
- CL
- 21:28
- Charlie Lee
- In reply to this message
- Iβm spending my time working on adoption for the reasons I mentioned above.
- F
- 21:28
- Franklyn
- I have suggested Loshan, we can review his work he has been here with me since 2013. he is hihgly skilled and capable aswell as willing
- CL
- 21:29
- Charlie Lee
- Iβve also tried to find someone else to lead the MW project as I donβt want to be the only person pushing this forward. But not having any success
- β
- 21:33
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- It set expectations regardless. It's been a long time with no public update so it would be natural for people to expect a lot of progress by now.
- CL
- 21:34
- Charlie Lee
- In reply to this message
- When thereβs update, I will post an update. Sorry, but I donβt very much care if people are disappointed if they expect a lot of progress
- 21:40
- People need to stop looking to me to make everything happen. Itβs a decentralized currency afterall, right? Or is it?
- @
- 21:46
- @johnkim77 [LTC]
- Adoption takes just as much energy and money, building a solid community that is proactive in spending and educating IRL takes many hours and sacrifice to accomplish as well. The difference is that many people have stepped up and are showing with their actions but not so much on the dev side.
- That being said, if litecoin is to be a decentralized currency charlie should not be leading any projects rn. Someone in the community needs to step up and lead it. The more Charlie's involved the longer it will take for litecoin to become more decentralized.
- I think before complaining and highlighting a problem, each one should do their best in finding a solution first.
- C
- 21:49
- Chris π
- Well at least we know where we stand
- 21:50
- Sad to here that's the case
- 21:50
- Hear*
- 21:51
- Was definitely under the assumption that progress was being made
- @
- 21:54
- @johnkim77 [LTC]
- In reply to this message
- Like I said before @xinxi_wang and I have discussed options in how to proceed with CT. Maybe others have a different opinion on how fast the progress should be but I don't believe we need to rush anything.
- I know for a fact charlie has reached out to several people about this subject already.
- C
- 21:56
- Chris π
- I don't doubt that
- CL
- 21:58
- Charlie Lee
- In reply to this message
- Progress is being made. Just not as fast as people like, I guess.
- IG
- 21:59
- Ilir Gashi
- I would rather it take long and be polished then we as a community rush it and find many bugs and exploitations after
- 22:00
- Because who knows what will happen, as confidential transactions in any capacity is risky
- @
- 22:02
- @johnkim77 [LTC]
- 22:02
- People are donating to the dev fund.
- 22:02
- Btw
- 22:02
- https://twitter.com/LTCFoundation/status/1157384953920929796?s=19
- 22:05
- https://twitter.com/johnkim77/status/1157743791056408576?s=19
- IG
- 22:06
- Ilir Gashi
- In reply to this message
- Adding to this, already 10 transactions
- 22:06
- We have one of the best communities in the space, I dont doubt our abilities one bit πͺ
- C
- 22:14
- Chris π
- Agreed
- 22:15
- Still ashame that we don't have as much development as Monero
- D
- 22:17
- Damian π
- lets hire luke dash jr
- 22:17
- In reply to this message
- Animation
- Not included, change data exporting settings to download.
- 383.9 KB
- 4 August 2019
- FM
- 01:18
- Finite Maz π
- Sticker
- Not included, change data exporting settings to download.
- π‘, 24.4 KB
- g
- 07:07
- goodc0re
- In reply to this message
- I run a LTC lightning node, it's one way to have more privacy while using Litecoin, needs some more adoption though.
- btw Charlie, my LTC lightning node hasn't been able to connect to yours, are you no longer running it?
- K
- 09:00
- KrlMrksπ
- So what is the point of Litecoin summit then?
- 09:01
- If we have problems with development
- IG
- 09:36
- Ilir Gashi
- In reply to this message
- We don't have any problems with development
- 09:38
- Summit is an annual event run by the Foundation, its summarises progress made over the past year and has many different speakers for blockchain and/or cryptocurrency related issues
- 09:40
- Further info can be found here: https://litecoinsummit.org/
- 09:42
- In reply to this message
- You can debate whether development is slow but that's separate from having problems in development
- K
- 09:43
- KrlMrksπ
- In reply to this message
- As I understood we have problems, slow is not an issue in my opinion
- IG
- 09:45
- Ilir Gashi
- In reply to this message
- We dont have any problems, no more so than Bitcoin core development. The benefit of open source is that progress is shared with others in the space. Our strong point is not development but that's fine since of the aforementioned reasoning. Our strong point is adoption and building awareness
- T
- 09:47
- TenaciousC π
- In reply to this message
- both to be honest...
- Litecoin was the first coin I fell in love with, Litecoin was what brought me into crypto, made me look into mining and from there on look into the tech behind it etc...
- I'm talking to people on almost a daily basis about Litecoin and why I think they should hold some next to btc, speed and security of the network being the strongest points.
- But next to my love for LTC I also need to live, pay for my daily stuff, make sure the kids have food in their tummy.
- I know it's the market and their ain't that much we can do about it but seeing Litecoin full retrace each and every single fucking time against btc is really painful...
- We should at least be capable to take 0.02 and stay there, this should be our new floor instead of dumping back to these 0.00 ranges.
- People are getting scared to HODL litecoin because of these full retraces, making the adoption a lot harder to succeeed while speculators enjoy to se it fall each time so they can rinse/repeat, each cycle... pump and dump.
- Pumps are the best marketing in a way when you think about it, it's when a coin gets pumping msm picks it up and brings it to the masses faster then any expensive campaign can
- IG
- 09:49
- Ilir Gashi
- In reply to this message
- Price pumps are a bad marketing tool and something that we dont use. I'm not going to tell you that price of LTC will skyrocket just so you can buy it
- 09:50
- On the other hand, the fact that LTC has been running with 0 downtime, it's the most secure scrypt mining algo and has plenty of adoption and brand awareness - then that can help to bring in organic growth
- K
- 09:51
- KrlMrksπ
- LTC/BTC is doing not bad in my opinion. Look at ETH/BTC for example, it felt to March 2017 levels. LTC/BTC is doing much better than March 2017
- 09:51
- It is long term play
- IG
- 09:51
- Ilir Gashi
- LTC works well as money now, people get caught up with trying to innovate that its pointless
- K
- 09:52
- KrlMrksπ
- Patience is a key
- IG
- 09:52
- Ilir Gashi
- Due to open source nature, you cant gain competitive advantage from innovation
- 09:52
- You can get competitive advantage from branding and adoption
- 09:54
- In reply to this message
- Yep, if you think in terms of decades then you really see theres no point in rushing things
- T
- 09:54
- TenaciousC π
- In reply to this message
- Are they? They are when they are pure p&d, not if they would be more substainable.
- A big part of the reason btc got so big was due to the constant increase of price, sure it has big retraces but it keeps hanging higher and higher each cycle, thus making it less scary for people to hop on that train and stay at it.
- I know this is a very unpopular opinion but it's the truth imo, most people give zero fucks about the tech behind it, they just wanna make money while they do they do help the coin with its adoption in a way
- How do you want to achieve adoption when you cannot get people to hold your coin?
- β
- 09:55
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- I disagree, it is not sound money while there is no fungibility.
- IG
- 09:55
- Ilir Gashi
- In reply to this message
- It works well, it's not perfect
- 09:56
- Perfection takes time, its only been 8 years and LTC is expected to be here for around 120 more years
- 09:57
- Perfection is the end goal, but it doesnt change the fact that it works well as money
- β
- 09:57
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- People being able to see my wealth and track my transaction history any time I spend it != working well
- IG
- 09:57
- Ilir Gashi
- In reply to this message
- More people are holding LTC than BTC, as per a recent coinbase stat. It's not a matter of getting people to hold, it's a matter of getting people to spend
- 09:58
- In reply to this message
- Theres tricks to hiding this or making it very difficult for people to find it
- T
- 09:58
- TenaciousC π
- In reply to this message
- True, but they can't spend what they are not holding
- IG
- 09:58
- Ilir Gashi
- Why hasn't anyone found Charlie Lee's wallet address yet
- 09:58
- Because you can find ways to make it very difficult to track
- 09:59
- Theres also applications which you can use that are slightly confidential
- β
- 09:59
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- I've been using crypto since 2012 and don't know those ways, so they must be very esoteric
- IG
- 10:00
- Ilir Gashi
- If theres multiple outputs then it becomes difficult to keep track of whose address is whose
- 10:00
- As I demonstrated with a good friend of mine who tried to track my address
- β
- 10:00
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- Not to someone with chainalysis data from exchanges and merchants
- IG
- 10:00
- Ilir Gashi
- But gave up
- 10:02
- In reply to this message
- You dont need to hold in order to spend, if you get income in LTC then it becomes easier to spend
- K
- 10:02
- KrlMrksπ
- People won't pay for coffee with something that could x10 in few years
- 10:02
- it is delusion
- IG
- 10:02
- Ilir Gashi
- Hence why adoption is important
- K
- 10:03
- KrlMrksπ
- LTC should be something like stablecoin for people using it in everyday payments
- IG
- 10:03
- Ilir Gashi
- In reply to this message
- Its 10x in terms of USD value
- K
- 10:03
- KrlMrksπ
- so we should determine what we want
- IG
- 10:04
- Ilir Gashi
- But it's been pretty stable in terms of BTC
- 10:04
- Around the 0.01-0.02 range
- K
- 10:04
- KrlMrksπ
- SOV or everyday payments
- 10:04
- everyday payments != price volatility
- IG
- 10:05
- Ilir Gashi
- In an optimal scenario, BTC will be used as a global reserve and so tracking with USD becomes irrelevant
- 10:05
- By that time LTC can 10000000x USD
- 10:05
- But remain pretty stable with BTC
- 10:06
- Price volatility is due to not having enough adoption and or liquidity
- K
- 10:06
- KrlMrksπ
- USD will be around for few decades for sure
- 10:06
- it won't disappear overnight
- IG
- 10:06
- Ilir Gashi
- In reply to this message
- Exactly, which is why I also look in terms of decades and not necessarily months or years
- K
- 10:08
- KrlMrksπ
- In reply to this message
- so there is no point to spent LTC at least for a decade
- IG
- 10:08
- Ilir Gashi
- People get scared because LTC price is slowly retracting against BTC right now but this has always happened in the past, it's a cycle
- K
- 10:08
- KrlMrksπ
- while USD is around
- 10:08
- In reply to this message
- thats right
- IG
- 10:09
- Ilir Gashi
- In reply to this message
- That's the caveat, but its important to grow merchant adoption so that when it comes to that point then it becomes easier to spend
- 10:09
- At least for me, I've spent more LTC than USD recently
- K
- 10:09
- KrlMrksπ
- I am bot sceared I mean people we shuould determine what they want
- 10:09
- SOV or everyday payments
- IG
- 10:09
- Ilir Gashi
- And there are a few cases like this as well
- K
- 10:10
- KrlMrksπ
- In reply to this message
- USD is much easier to spend
- IG
- 10:10
- Ilir Gashi
- BTC is the ultimate storage of value, so if you want to have little risk then store all your wealth on BTC. LTC has some store of value elements but it is also swayed towards more payment
- K
- 10:10
- KrlMrksπ
- what is the point to buy LTC with USD and then spend it ?
- IG
- 10:11
- Ilir Gashi
- In reply to this message
- Hence why if people earn in LTC it becomes easier
- 10:11
- Most things are priced in USD
- 10:11
- You pay taxes in USD
- 10:11
- But things are slowly changing
- K
- 10:11
- KrlMrksπ
- In reply to this message
- you mean salaries?
- IG
- 10:12
- Ilir Gashi
- In reply to this message
- Yea
- K
- 10:12
- KrlMrksπ
- I think we are far from that
- IG
- 10:13
- Ilir Gashi
- In reply to this message
- I know some people that are, but yeah we are way off
- 10:13
- How do we persuade businesses to switch?
- 10:13
- Get more adoption
- 10:13
- Present cases studies that it has happened and saved costs
- K
- 10:13
- KrlMrksπ
- for me it is pointless to spend something that can x10 over few years. IMO crypto is all about investment and making profit
- T
- 10:14
- TenaciousC π
- In reply to this message
- lol exactly....
- In devs so easily see people who want financial benifit as a bad thing while this is just a normal human thing, if there is no incentive to get hold of some, how on earth do you think the coin will survive for your long term goals.
- It's very straight forward imo, nothing is free, if you want something done you need to have incentives
- IG
- 10:15
- Ilir Gashi
- In reply to this message
- Read into Greshamβs law mentality, bad money drives out good money
- K
- 10:15
- KrlMrksπ
- In reply to this message
- Hence very few coins match this requirement, LTC is one of them
- IG
- 10:15
- Ilir Gashi
- USD will be driven out as more people spend it
- 10:16
- And as a counter, governments will increase supply and further devaluing the currency
- T
- 10:16
- TenaciousC π
- In reply to this message
- i used to think the same, then BTC hit 20k and I started actually spending small parts of it because I needed so few btc to pay for the stuff I wanted.
- There is a tipping point where people start to spend parts of their profits
- K
- 10:16
- KrlMrksπ
- In reply to this message
- but it has inflationary nature
- 10:17
- BTC has opposite nature
- F
- 10:17
- Franklyn
- In reply to this message
- What development progress has been made?
- K
- 10:17
- KrlMrksπ
- In reply to this message
- +
- IG
- 10:18
- Ilir Gashi
- In reply to this message
- Research, collaborative talks with Beam core developers, LIP currently being written up to be presented to the community
- T
- 10:18
- TenaciousC π
- In reply to this message
- Didn't the logo get an update, or was that last year? π
- K
- 10:18
- KrlMrksπ
- Wonder about what we'll talk on Summit
- F
- 10:19
- Franklyn
- What research, what LIPs and how are the talks going?
- 10:19
- Can you name the developers on the Litecoin side?
- 10:20
- Or is it the same as the CT announcement, a vague intent to do something and zero actual progress?
- IG
- 10:20
- Ilir Gashi
- Research into various ways confidential transactions can get implemented, i.e. how MimbleWimble can be implemented and give options to the community. LIP will present some various ways, currently being written by ecurrencyholder
- F
- 10:21
- Franklyn
- In reply to this message
- Don't even start, that was a joke
- 10:22
- In reply to this message
- you have no idea what a LIP or BIP is and E has no tech background to write a solid one. I have done more research in my video on the topic of CT explaning the path we were taking.
- IG
- 10:22
- Ilir Gashi
- Theres been some interest from BTC core devs to want to help with implementation
- F
- 10:22
- Franklyn
- In reply to this message
- yeah because i told everyone in the video
- IG
- 10:23
- Ilir Gashi
- Part of development is research
- 10:23
- We cant just say this is the path and want to go
- 10:23
- Since it's about community consensus
- F
- 10:23
- Franklyn
- ok so its been close to 6 months what is the path?
- IG
- 10:23
- Ilir Gashi
- So in that regards it becomes difficult to formulate one path, so we are researching on all paths
- F
- 10:23
- Franklyn
- I wrote that video with Charlie those are his groundwork
- IG
- 10:23
- Ilir Gashi
- So consensus is made over which one is best
- 10:24
- Once a consensus is made, I am sure there will be plenty of devs that will want to work on getting it impemented
- 10:25
- Beam core devs want to help, some BTC core devs are interested
- F
- 10:25
- Franklyn
- Again its this vague statement of we are researching yet no evidence.
- IG
- 10:25
- Ilir Gashi
- But its about finding that community consensus first
- 10:26
- Which means we have to take time into researching all various ways and give the final say on community
- F
- 10:26
- Franklyn
- This is totally happening guys. I am a director of the Foundation if i dont see it then something is wrong
- IG
- 10:26
- Ilir Gashi
- Theres private channels, you can take it up with the other board members if you want more transparency
- F
- 10:26
- Franklyn
- I have a private chat where i have asked for dev updates numerous time and have zero response
- IG
- 10:27
- Ilir Gashi
- I'm saying what I see on my side
- 10:27
- And that research is happening
- F
- 10:27
- Franklyn
- You sit in on these talks that are hidden from me?
- β
- 10:27
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- π
- K
- 10:27
- KrlMrksπ
- In reply to this message
- π
- IG
- 10:29
- Ilir Gashi
- I may not all areas that are being worked on, but that's because theres plenty of people that are doing their bit. Ecurrencyholder can give you an update as to how the LIP is going
- 10:29
- Or if you want to help, you can try and find ways to add to the discussions
- 10:29
- Like with any other member on this channel
- 10:30
- Yea its slow
- 10:30
- Yeah marketing might have had some priority
- F
- 10:31
- Franklyn
- In reply to this message
- Animation
- Not included, change data exporting settings to download.
- 181.9 KB
- IG
- 10:31
- Ilir Gashi
- But all the partnerships recently (UFC, Glory, Miami) were initiated from the beginning of the year
- K
- 10:31
- KrlMrksπ
- development is base, marketing has very short-term effect without development lol
- IG
- 10:31
- Ilir Gashi
- Before CT was even on the table
- F
- 10:32
- Franklyn
- Excuses and dodging the cost to our image
- K
- 10:32
- KrlMrksπ
- Those Dolphins may stop working with LTC and then what ?
- IG
- 10:32
- Ilir Gashi
- In reply to this message
- It's a contract for a year, I believe
- F
- 10:32
- Franklyn
- How much did it cost again?
- 10:34
- In reply to this message
- if only you knew. i have been working on the project for over 6 years. i stood by charlie when everyone left in 2014/15. I don't enjoy this conversation but it needs to happen
- IG
- 10:34
- Ilir Gashi
- The community in LTC are dedicated and passionate, and fueled by the recent partnerships and progress in adoption made
- 10:35
- I've seen more people speaking positively about LTC than in the past 2 years
- 10:35
- Our image is fine
- F
- 10:35
- Franklyn
- Its a moral dilema. We cannot ask for money yet privately say theres no dev to pay with it
- K
- 10:35
- KrlMrksπ
- Problem of LTC IMO that development has never been on 1st place
- 10:36
- everything but not development
- F
- 10:36
- Franklyn
- In reply to this message
- You will never know the pain of sticking with a dead project. Ofcourse its positive now as the space has grown exponentially.
- β
- 10:37
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- +
- F
- 10:37
- Franklyn
- Charlie cant also say we will have CT in 2019 and then say he doesnt care when people ask for updates or expect some progress to have been made
- IG
- 10:38
- Ilir Gashi
- In reply to this message
- The foundation is a non profit, so its primarily fueled by donations and sponsorships
- β
- 10:38
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- exactly
- IG
- 10:38
- Ilir Gashi
- I dont see any moral dilemma
- K
- 10:38
- KrlMrksπ
- In reply to this message
- ++
- F
- 10:38
- Franklyn
- People here give us money, why should i be complicit in that behaviour its terrible to those who trust us#
- 10:39
- I hate this, i truly do#
- IG
- 10:39
- Ilir Gashi
- Why trust anyone at all? I may not be technically competent in coding but I will trust others who are. We build societies on trust. The foundation is dedicating resources to allocating to development, which can mean outsourcing or sponsoring devs
- F
- 10:40
- Franklyn
- In reply to this message
- did you even read charlies above messages?
- 10:42
- What would happen if i right now told people actually in public Litecoin has zero active development and i havent heard anything from the lead developer in months?
- IG
- 10:43
- Ilir Gashi
- Development is all the parts from start to finish, including research to coding to fixing bugs to executing it
- 10:43
- There has been plenty of development
- 10:43
- In that regard
- 10:43
- Is it public? Maybe not
- 10:43
- But that's something we can work on
- 10:43
- As a communication issue
- F
- 10:44
- Franklyn
- Dude, who are the core developers who maintain the protocol?
- 10:44
- Be exact, no more vagueness#
- β
- 10:45
- ββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
- In reply to this message
- Animation
- Not included, change data exporting settings to download.
- 14.5 KB
- IG
- 10:46
- Ilir Gashi
- Open source allows different projects to gain the benefit of development. As for protocol upgrades from BTC, historically it has been a few devs. Up until now, we are in sync with the BTC core repo. Are there any issues with bugs that you have found?
- 10:46
- Or any issues with the syncing?
- F
- 10:46
- Franklyn
- In reply to this message
- Answer the question
- 10:46
- you dont know do you?
- 10:47
- its fine if you don't but please dont act as if you do, we need an honest conversation and not burry our heads
- IG
- 10:47
- Ilir Gashi
- I don't need to name names, since open source you can have plenty of developers from different projects
- F
- 10:48
- Franklyn
- In reply to this message
- Sticker
- Not included, change data exporting settings to download.
- π, 35.4 KB
- K
- 10:48
- KrlMrksπ
- π
- IG
- 10:48
- Ilir Gashi
- That benefit Litecoin and vice versa
- 10:48
- The question is
- 10:48
- Are there any issues in bugs
- 10:48
- Or issues with coding
- 10:49
- That needs immediate attention?
- F
- 10:49
- Franklyn
- bruh you should be a politician, this dodging is top class
- K
- 10:49
- KrlMrksπ
- I guess we are talking about development progress
- 10:49
- In reply to this message
- lol
- IG
- 10:50
- Ilir Gashi
- Theres been plenty of progress made with wallets, LN nodes and other areas of development
- 10:50
- Pinned message for example
- F
- 10:50
- Franklyn
- https://www.dailydot.com/wp-content/uploads/2018/10/npc-meme.jpg
- IG
- 10:50
- Ilir Gashi
- Are there any issues with code bugs?
- 10:51
- Or stuff that have not synced properly from BTC core repo?
- 10:52
- If you want to debate protocol maintenance, give some issues that need to be addressed
- 10:52
- As far as I am aware, we are all in sync
- T
- 10:53
- TenaciousC π
- In reply to this message
- So Franklyn's question should be easy to answer then π
- Straight answer, who are the devs actively working on LTC right now (if any) ?
- What progress?
- IG
- 10:54
- Ilir Gashi
- Actively working in what way? Syncing repos? Research on CT? Working on LN wallets?
- 10:54
- Working on foundation wallet?
- 10:55
- Theres been progress for each of the above
- 10:55
- How you measure progress is up to you
- 10:56
- I'm not here to say that LTC has always had major development and that we have a lot of devs
- 10:56
- But this idea that we need to have many devs in order to survive is nonsensical
- 10:59
- Has there been any issues in bugs recently that has made people so worked up on development?
- 10:59
- I would bet many people will say no
- 11:00
- Just because our strong points is not development doesn't mean we are failing or at risk of failure
- 11:01
- Our strong points are brand awareness and adoption, which is why LTC has continued to remain in the top 10 for 8 years
- 11:01
- Yet other coins that have major development are not in the same category as us
- 11:02
- Due to the fact that getting the brand awareness and adoption is difficult
- A
- 11:02
- Aztek_btc
- In reply to this message
- Please pm me
- IG
- 11:04
- Ilir Gashi
- In reply to this message
- π
- K
- 11:11
- KrlMrksπ
- I think we shouldn't make this conversation available for public
- 11:11
- IMO
- IG
- 11:12
- Ilir Gashi
- In reply to this message
- Nothing I've said has remained private, I've always told the community the same information
- K
- 11:13
- KrlMrksπ
- there are a lot of things that can be missrepresented
- 11:13
- In reply to this message
- that is the reason
- IG
- 11:13
- Ilir Gashi
- In reply to this message
- Like what things
- 11:14
- We have been vocal that we pull and merge code from BTC core
- 11:14
- We have been vocal that we are currently in research stages for CT
- K
- 11:15
- KrlMrksπ
- things can be manipulated concerning development, concerning misunderstanding inside community etc etc
- 11:16
- In reply to this message
- +
- IG
- 11:16
- Ilir Gashi
- In reply to this message
- Currently writing an article to debunk development FUD
- K
- 11:16
- KrlMrksπ
- In reply to this message
- thats great
- IG
- 11:16
- Ilir Gashi
- From electric capital, which made that report
- 11:17
- I've always been open and honest with my communication to the community, if people get swayed by FUD articles then that's up to them
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