· 6 years ago · Aug 09, 2019, 04:36 PM
1
2Litecoin Members
33 August 2019
4IG
509:05
6Ilir Gashi
7https://twitter.com/LTCFoundation/status/1157384953920929796?s=19
8C
915:35
10Chris ?
11No 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.
12
13There'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."
14K
1515:43
16KrlMrks?
17In reply to this message
18Agree
1915:47
20As I understand things are not running smoothly...
21C
2216:47
23Chris ?
24The article should read something like:
25
26This 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.
2716:47
28Very precise
2916:47
30If it's $100k
3116:47
32Then let us know
33F
3417:20
35Franklyn
36I 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.
37C
3819:08
39Chris ?
40In reply to this message
41What was the response? Seems clear that the partnerships should be secondary.
42
4319:09
44
45In reply to this message
46yeah very weird post
47C
4819:09
49Chris ?
50Development seems like the obvious priority, especially with the confidential transactions news that Charlie announced in February.
5119:09
52Specifically since his original timeline was 'sometime in 2019.'
53
5419:09
55
56Sadly you can't magically turn money into good crypto developers
57C
5819:12
59Chris ?
60Yeah
61
6219:14
63
64Should have a candidate ready before explicitly asking for dev donations imo
65C
6619:18
67Chris ?
68Yeah that would be even better
6919:18
70Just be precise
7119:18
72Let me know what I'm contributing to
73
7419:18
75
76With 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
77C
7819:19
79Chris ?
80Yeah I like that approach
81
8219:20
83
84example of funding proposal here: https://repo.getmonero.org/monero-project/ccs-proposals/merge_requests/50#note_5435
85C
8619:20
87Chris ?
88Hard for anyone to make a substantial donation without details
8919:22
90In reply to this message
91Yeah that looks legit
9219:26
93Does someone in here operate the LTC Foundation Twitter?
94F
9520:03
96Franklyn
97In reply to this message
98Indifference
9920:06
100I was extremely disappointed to discover that no progress had been made on CT since the announcement, especially when I stand on stage telling everyone it’s happening and we are actively working on it.
10120:10
102The 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.
103CL
10420:30
105Charlie Lee
106In reply to this message
107Franklyn, 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? I’m extremely disappointed.
108F
10920:35
110Franklyn
111It is your money in the foundations name and image.
112CL
11320:36
114Charlie Lee
115Every 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 can’t create good crypto code by throwing money at it. If I can, I would have.
116F
11720:36
118Franklyn
119Nothing 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
120CL
12120:37
122Charlie Lee
123You speak as if we are grossly misusing foundation money. Stop speading FUD
124F
12520:37
126Franklyn
127We can hire developers sponsor people to work on the tech who have the skills
12820:37
129its 100% your money i am advising that it looks bad as we are seen to be doing nothing else
13020:38
131i have no power over you or Xinxi if you want to throw money at sports games then i wont stop you
13220:39
133what is the foundation anyway charlie? its you no one else
134CL
13520:39
136Charlie Lee
137In reply to this message
138if that’s really the case then mind as well pack up and go home
139F
14020:39
141Franklyn
142you 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
14320:40
144Wheres thrasher? have you heard from him since he appears to be ignoring our messages about dev updates
14520:43
146If we cant fix code issues then why are we begging for money on twitter?
147CL
14820:47
149Charlie Lee
150In reply to this message
151we’re not begging for money. People have asked how they can contribute money towards coding, so we are providing a way
15220:48
153If people want to donate, we have a place for them to.
154F
15520:58
156Franklyn
157That 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.
158IG
15921:01
160Ilir Gashi
161In reply to this message
162John BMV, do you need to forward anything to him?
163CL
16421:03
165Charlie Lee
166In reply to this message
167No 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 don’t get it
168F
16921:07
170Franklyn
171I never wanted a donation address because of how it effects the foundations image.
172CL
17321:08
174Charlie Lee
175In reply to this message
176Well, it wasn’t 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.
177A
17821:09
179Aztek_btc
180In reply to this message
181Yeah I'm the same, we had a donation address for @crypto, after 7 months of not a single tip I took them down
18221:09
183In reply to this message
184I think donating to a team like litecoin is different
18521:09
186Because they directly benefit
187CL
18821:14
189Charlie Lee
190I honestly don’t care about what people think of the foundation. We do our best to help litecoin via development and adoption. We make no promises and don’t owe anyone anything. CT/MW development will come in time. We get most of our developments from Bitcoin. And that’s perfectly fine. Litecoin works today. If we have 0 improvements from now on, it doesn’t 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 I’ve said in my tweets. But that’s a long term goal. People want an update today because they care about pumping the price. I don’t care about that.
191A
19221:16
193Aztek_btc
194In reply to this message
195To be honest I've heard so many people not I crypto talking about litecoin, think you guys are doing a dam good job
196CL
19721:16
198Charlie Lee
199Litecoin won’t lose because we are slow in getting CT/MW added.
20021:17
201In reply to this message
202And that’s all because of UFC, Dolphins, and other partnerships. Laymen doesn’t understand or care about MimbleWimble. I do and I’m fine if it takes its time.
203A
20421:18
205Aztek_btc
206In reply to this message
207?
208@
20921:18
210@johnkim77 [LTC]
211Actually @xinxi_wang and I've talked about plans to proceed with CT on PM.
212
213He has a couple options he is thinking about. FYI
214
21521:19
216
217In reply to this message
218There 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.
219CL
22021:19
221Charlie Lee
222And 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?
223
22421:20
225
226Because it needs it. I never even use Litecoin anymore because it has no privacy
22721:20
228and there are already alternatives that do
229CL
23021:21
231Charlie Lee
232In reply to this message
233I don’t think I’ve ever made any promises and people always have overblown expectations
234IG
23521:21
236Ilir Gashi
237In reply to this message
238It 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
23921:21
240People are expecting things to pump and are clouded by how development works
24121:22
242It takes time, but I agree that we need to do more to be more transparent
24321:22
244On research..etc.
245CL
24621:22
247Charlie Lee
248People are not stepping up. Everyone is complaining about why no MW news but no one is stepping up.
249
25021:23
251
252https://twitter.com/SatoshiLite/status/1089938859566063616
253CL
25421:25
255Charlie Lee
256The honest truth is that no one is interested in working on Litecoin protocol development work. At least no one technically competent. You can’t just throw money at this problem. This is true for Litecoin since the beginning. It has only been me, Warren, and Thrasher.
25721:26
258In reply to this message
259I don’t consider that a promise. I’m just guessing there.
260F
26121:26
262Franklyn
263OK so Warren has moved to Blockstream, Thrasher is AWOL and you?
26421:27
265Lets make the record clear we cant string people along
26621:27
267Lets sponsor a compotent bitcoin dev?
268CL
26921:28
270Charlie Lee
271In reply to this message
272I’m spending my time working on adoption for the reasons I mentioned above.
273F
27421:28
275Franklyn
276I 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
277CL
27821:29
279Charlie Lee
280I’ve also tried to find someone else to lead the MW project as I don’t want to be the only person pushing this forward. But not having any success
281
28221:33
283
284In reply to this message
285It 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.
286CL
28721:34
288Charlie Lee
289In reply to this message
290When there’s update, I will post an update. Sorry, but I don’t very much care if people are disappointed if they expect a lot of progress
29121:40
292People need to stop looking to me to make everything happen. It’s a decentralized currency afterall, right? Or is it?
293@
29421:46
295@johnkim77 [LTC]
296Adoption 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.
297
298That 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.
299
300I think before complaining and highlighting a problem, each one should do their best in finding a solution first.
301C
30221:49
303Chris ?
304Well at least we know where we stand
30521:50
306Sad to here that's the case
30721:50
308Hear*
30921:51
310Was definitely under the assumption that progress was being made
311@
31221:54
313@johnkim77 [LTC]
314In reply to this message
315Like 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.
316
317I know for a fact charlie has reached out to several people about this subject already.
318C
31921:56
320Chris ?
321I don't doubt that
322CL
32321:58
324Charlie Lee
325In reply to this message
326Progress is being made. Just not as fast as people like, I guess.
327IG
32821:59
329Ilir Gashi
330I would rather it take long and be polished then we as a community rush it and find many bugs and exploitations after
33122:00
332Because who knows what will happen, as confidential transactions in any capacity is risky
333@
33422:02
335@johnkim77 [LTC]
33622:02
337People are donating to the dev fund.
33822:02
339Btw
34022:02
341https://twitter.com/LTCFoundation/status/1157384953920929796?s=19
34222:05
343https://twitter.com/johnkim77/status/1157743791056408576?s=19
344IG
34522:06
346Ilir Gashi
347In reply to this message
348Adding to this, already 10 transactions
34922:06
350We have one of the best communities in the space, I dont doubt our abilities one bit ?
351C
35222:14
353Chris ?
354Agreed
35522:15
356Still ashame that we don't have as much development as Monero
357D
35822:17
359Damian ?
360lets hire luke dash jr
36122:17
362In reply to this message
363Animation
364Not included, change data exporting settings to download.
365383.9 KB
3664 August 2019
367FM
36801:18
369Finite Maz ?
370Sticker
371Not included, change data exporting settings to download.
372?, 24.4 KB
373g
37407:07
375goodc0re
376In reply to this message
377I run a LTC lightning node, it's one way to have more privacy while using Litecoin, needs some more adoption though.
378
379btw Charlie, my LTC lightning node hasn't been able to connect to yours, are you no longer running it?
380K
38109:00
382KrlMrks?
383So what is the point of Litecoin summit then?
38409:01
385If we have problems with development
386IG
38709:36
388Ilir Gashi
389In reply to this message
390We don't have any problems with development
39109:38
392Summit 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
39309:40
394Further info can be found here: https://litecoinsummit.org/
39509:42
396In reply to this message
397You can debate whether development is slow but that's separate from having problems in development
398K
39909:43
400KrlMrks?
401In reply to this message
402As I understood we have problems, slow is not an issue in my opinion
403IG
40409:45
405Ilir Gashi
406In reply to this message
407We 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
408T
40909:47
410TenaciousC ?
411In reply to this message
412both to be honest...
413Litecoin 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...
414I'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.
415
416But 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.
417
418I 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...
419We 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.
420
421People 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.
422
423Pumps 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
424IG
42509:49
426Ilir Gashi
427In reply to this message
428Price 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
42909:50
430On 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
431K
43209:51
433KrlMrks?
434LTC/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
43509:51
436It is long term play
437IG
43809:51
439Ilir Gashi
440LTC works well as money now, people get caught up with trying to innovate that its pointless
441K
44209:52
443KrlMrks?
444Patience is a key
445IG
44609:52
447Ilir Gashi
448Due to open source nature, you cant gain competitive advantage from innovation
44909:52
450You can get competitive advantage from branding and adoption
45109:54
452In reply to this message
453Yep, if you think in terms of decades then you really see theres no point in rushing things
454T
45509:54
456TenaciousC ?
457In reply to this message
458Are they? They are when they are pure p&d, not if they would be more substainable.
459A 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.
460I 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
461
462How do you want to achieve adoption when you cannot get people to hold your coin?
463
46409:55
465
466In reply to this message
467I disagree, it is not sound money while there is no fungibility.
468IG
46909:55
470Ilir Gashi
471In reply to this message
472It works well, it's not perfect
47309:56
474Perfection takes time, its only been 8 years and LTC is expected to be here for around 120 more years
47509:57
476Perfection is the end goal, but it doesnt change the fact that it works well as money
477
47809:57
479
480People being able to see my wealth and track my transaction history any time I spend it != working well
481IG
48209:57
483Ilir Gashi
484In reply to this message
485More 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
48609:58
487In reply to this message
488Theres tricks to hiding this or making it very difficult for people to find it
489T
49009:58
491TenaciousC ?
492In reply to this message
493True, but they can't spend what they are not holding
494IG
49509:58
496Ilir Gashi
497Why hasn't anyone found Charlie Lee's wallet address yet
49809:58
499Because you can find ways to make it very difficult to track
50009:59
501Theres also applications which you can use that are slightly confidential
502
50309:59
504
505I've been using crypto since 2012 and don't know those ways, so they must be very esoteric
506IG
50710:00
508Ilir Gashi
509If theres multiple outputs then it becomes difficult to keep track of whose address is whose
51010:00
511As I demonstrated with a good friend of mine who tried to track my address
512
51310:00
514
515Not to someone with chainalysis data from exchanges and merchants
516IG
51710:00
518Ilir Gashi
519But gave up
52010:02
521In reply to this message
522You dont need to hold in order to spend, if you get income in LTC then it becomes easier to spend
523K
52410:02
525KrlMrks?
526People won't pay for coffee with something that could x10 in few years
52710:02
528it is delusion
529IG
53010:02
531Ilir Gashi
532Hence why adoption is important
533K
53410:03
535KrlMrks?
536LTC should be something like stablecoin for people using it in everyday payments
537IG
53810:03
539Ilir Gashi
540In reply to this message
541Its 10x in terms of USD value
542K
54310:03
544KrlMrks?
545so we should determine what we want
546IG
54710:04
548Ilir Gashi
549But it's been pretty stable in terms of BTC
55010:04
551Around the 0.01-0.02 range
552K
55310:04
554KrlMrks?
555SOV or everyday payments
55610:04
557everyday payments != price volatility
558IG
55910:05
560Ilir Gashi
561In an optimal scenario, BTC will be used as a global reserve and so tracking with USD becomes irrelevant
56210:05
563By that time LTC can 10000000x USD
56410:05
565But remain pretty stable with BTC
56610:06
567Price volatility is due to not having enough adoption and or liquidity
568K
56910:06
570KrlMrks?
571USD will be around for few decades for sure
57210:06
573it won't disappear overnight
574IG
57510:06
576Ilir Gashi
577In reply to this message
578Exactly, which is why I also look in terms of decades and not necessarily months or years
579K
58010:08
581KrlMrks?
582In reply to this message
583so there is no point to spent LTC at least for a decade
584IG
58510:08
586Ilir Gashi
587People get scared because LTC price is slowly retracting against BTC right now but this has always happened in the past, it's a cycle
588K
58910:08
590KrlMrks?
591while USD is around
59210:08
593In reply to this message
594thats right
595IG
59610:09
597Ilir Gashi
598In reply to this message
599That's the caveat, but its important to grow merchant adoption so that when it comes to that point then it becomes easier to spend
60010:09
601At least for me, I've spent more LTC than USD recently
602K
60310:09
604KrlMrks?
605I am bot sceared I mean people we shuould determine what they want
60610:09
607SOV or everyday payments
608IG
60910:09
610Ilir Gashi
611And there are a few cases like this as well
612K
61310:10
614KrlMrks?
615In reply to this message
616USD is much easier to spend
617IG
61810:10
619Ilir Gashi
620BTC 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
621K
62210:10
623KrlMrks?
624what is the point to buy LTC with USD and then spend it ?
625IG
62610:11
627Ilir Gashi
628In reply to this message
629Hence why if people earn in LTC it becomes easier
63010:11
631Most things are priced in USD
63210:11
633You pay taxes in USD
63410:11
635But things are slowly changing
636K
63710:11
638KrlMrks?
639In reply to this message
640you mean salaries?
641IG
64210:12
643Ilir Gashi
644In reply to this message
645Yea
646K
64710:12
648KrlMrks?
649I think we are far from that
650IG
65110:13
652Ilir Gashi
653In reply to this message
654I know some people that are, but yeah we are way off
65510:13
656How do we persuade businesses to switch?
65710:13
658Get more adoption
65910:13
660Present cases studies that it has happened and saved costs
661K
66210:13
663KrlMrks?
664for me it is pointless to spend something that can x10 over few years. IMO crypto is all about investment and making profit
665T
66610:14
667TenaciousC ?
668In reply to this message
669lol exactly....
670In 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.
671It's very straight forward imo, nothing is free, if you want something done you need to have incentives
672IG
67310:15
674Ilir Gashi
675In reply to this message
676Read into Gresham’s law mentality, bad money drives out good money
677K
67810:15
679KrlMrks?
680In reply to this message
681Hence very few coins match this requirement, LTC is one of them
682IG
68310:15
684Ilir Gashi
685USD will be driven out as more people spend it
68610:16
687And as a counter, governments will increase supply and further devaluing the currency
688T
68910:16
690TenaciousC ?
691In reply to this message
692i 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.
693There is a tipping point where people start to spend parts of their profits
694K
69510:16
696KrlMrks?
697In reply to this message
698but it has inflationary nature
69910:17
700BTC has opposite nature
701F
70210:17
703Franklyn
704In reply to this message
705What development progress has been made?
706K
70710:17
708KrlMrks?
709In reply to this message
710+
711IG
71210:18
713Ilir Gashi
714In reply to this message
715Research, collaborative talks with Beam core developers, LIP currently being written up to be presented to the community
716T
71710:18
718TenaciousC ?
719In reply to this message
720Didn't the logo get an update, or was that last year? ?
721K
72210:18
723KrlMrks?
724Wonder about what we'll talk on Summit
725F
72610:19
727Franklyn
728What research, what LIPs and how are the talks going?
72910:19
730Can you name the developers on the Litecoin side?
73110:20
732Or is it the same as the CT announcement, a vague intent to do something and zero actual progress?
733IG
73410:20
735Ilir Gashi
736Research 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
737F
73810:21
739Franklyn
740In reply to this message
741Don't even start, that was a joke
74210:22
743In reply to this message
744you 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.
745IG
74610:22
747Ilir Gashi
748Theres been some interest from BTC core devs to want to help with implementation
749F
75010:22
751Franklyn
752In reply to this message
753yeah because i told everyone in the video
754IG
75510:23
756Ilir Gashi
757Part of development is research
75810:23
759We cant just say this is the path and want to go
76010:23
761Since it's about community consensus
762F
76310:23
764Franklyn
765ok so its been close to 6 months what is the path?
766IG
76710:23
768Ilir Gashi
769So in that regards it becomes difficult to formulate one path, so we are researching on all paths
770F
77110:23
772Franklyn
773I wrote that video with Charlie those are his groundwork
774IG
77510:23
776Ilir Gashi
777So consensus is made over which one is best
77810:24
779Once a consensus is made, I am sure there will be plenty of devs that will want to work on getting it impemented
78010:25
781Beam core devs want to help, some BTC core devs are interested
782F
78310:25
784Franklyn
785Again its this vague statement of we are researching yet no evidence.
786IG
78710:25
788Ilir Gashi
789But its about finding that community consensus first
79010:26
791Which means we have to take time into researching all various ways and give the final say on community
792F
79310:26
794Franklyn
795This is totally happening guys. I am a director of the Foundation if i dont see it then something is wrong
796IG
79710:26
798Ilir Gashi
799Theres private channels, you can take it up with the other board members if you want more transparency
800F
80110:26
802Franklyn
803I have a private chat where i have asked for dev updates numerous time and have zero response
804IG
80510:27
806Ilir Gashi
807I'm saying what I see on my side
80810:27
809And that research is happening
810F
81110:27
812Franklyn
813You sit in on these talks that are hidden from me?
814
81510:27
816
817In reply to this message
818?
819K
82010:27
821KrlMrks?
822In reply to this message
823?
824IG
82510:29
826Ilir Gashi
827I 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
82810:29
829Or if you want to help, you can try and find ways to add to the discussions
83010:29
831Like with any other member on this channel
83210:30
833Yea its slow
83410:30
835Yeah marketing might have had some priority
836F
83710:31
838Franklyn
839In reply to this message
840Animation
841Not included, change data exporting settings to download.
842181.9 KB
843IG
84410:31
845Ilir Gashi
846But all the partnerships recently (UFC, Glory, Miami) were initiated from the beginning of the year
847K
84810:31
849KrlMrks?
850development is base, marketing has very short-term effect without development lol
851IG
85210:31
853Ilir Gashi
854Before CT was even on the table
855F
85610:32
857Franklyn
858Excuses and dodging the cost to our image
859K
86010:32
861KrlMrks?
862Those Dolphins may stop working with LTC and then what ?
863IG
86410:32
865Ilir Gashi
866In reply to this message
867It's a contract for a year, I believe
868F
86910:32
870Franklyn
871How much did it cost again?
87210:34
873In reply to this message
874if 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
875IG
87610:34
877Ilir Gashi
878The community in LTC are dedicated and passionate, and fueled by the recent partnerships and progress in adoption made
87910:35
880I've seen more people speaking positively about LTC than in the past 2 years
88110:35
882Our image is fine
883F
88410:35
885Franklyn
886Its a moral dilema. We cannot ask for money yet privately say theres no dev to pay with it
887K
88810:35
889KrlMrks?
890Problem of LTC IMO that development has never been on 1st place
89110:36
892everything but not development
893F
89410:36
895Franklyn
896In reply to this message
897You will never know the pain of sticking with a dead project. Ofcourse its positive now as the space has grown exponentially.
898
89910:37
900
901In reply to this message
902+
903F
90410:37
905Franklyn
906Charlie 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
907IG
90810:38
909Ilir Gashi
910In reply to this message
911The foundation is a non profit, so its primarily fueled by donations and sponsorships
912
91310:38
914
915In reply to this message
916exactly
917IG
91810:38
919Ilir Gashi
920I dont see any moral dilemma
921K
92210:38
923KrlMrks?
924In reply to this message
925++
926F
92710:38
928Franklyn
929People here give us money, why should i be complicit in that behaviour its terrible to those who trust us#
93010:39
931I hate this, i truly do#
932IG
93310:39
934Ilir Gashi
935Why 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
936F
93710:40
938Franklyn
939In reply to this message
940did you even read charlies above messages?
94110:42
942What 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?
943IG
94410:43
945Ilir Gashi
946Development is all the parts from start to finish, including research to coding to fixing bugs to executing it
94710:43
948There has been plenty of development
94910:43
950In that regard
95110:43
952Is it public? Maybe not
95310:43
954But that's something we can work on
95510:43
956As a communication issue
957F
95810:44
959Franklyn
960Dude, who are the core developers who maintain the protocol?
96110:44
962Be exact, no more vagueness#
963
96410:45
965
966In reply to this message
967Animation
968Not included, change data exporting settings to download.
96914.5 KB
970IG
97110:46
972Ilir Gashi
973Open 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?
97410:46
975Or any issues with the syncing?
976F
97710:46
978Franklyn
979In reply to this message
980Answer the question
98110:46
982you dont know do you?
98310:47
984its fine if you don't but please dont act as if you do, we need an honest conversation and not burry our heads
985IG
98610:47
987Ilir Gashi
988I don't need to name names, since open source you can have plenty of developers from different projects
989F
99010:48
991Franklyn
992In reply to this message
993Sticker
994Not included, change data exporting settings to download.
995?, 35.4 KB
996K
99710:48
998KrlMrks?
999?
1000IG
100110:48
1002Ilir Gashi
1003That benefit Litecoin and vice versa
100410:48
1005The question is
100610:48
1007Are there any issues in bugs
100810:48
1009Or issues with coding
101010:49
1011That needs immediate attention?
1012F
101310:49
1014Franklyn
1015bruh you should be a politician, this dodging is top class
1016K
101710:49
1018KrlMrks?
1019I guess we are talking about development progress
102010:49
1021In reply to this message
1022lol
1023IG
102410:50
1025Ilir Gashi
1026Theres been plenty of progress made with wallets, LN nodes and other areas of development
102710:50
1028Pinned message for example
1029F
103010:50
1031Franklyn
1032https://www.dailydot.com/wp-content/uploads/2018/10/npc-meme.jpg
1033IG
103410:50
1035Ilir Gashi
1036Are there any issues with code bugs?
103710:51
1038Or stuff that have not synced properly from BTC core repo?
103910:52
1040If you want to debate protocol maintenance, give some issues that need to be addressed
104110:52
1042As far as I am aware, we are all in sync
1043T
104410:53
1045TenaciousC ?
1046In reply to this message
1047So Franklyn's question should be easy to answer then ?
1048
1049Straight answer, who are the devs actively working on LTC right now (if any) ?
1050What progress?
1051IG
105210:54
1053Ilir Gashi
1054Actively working in what way? Syncing repos? Research on CT? Working on LN wallets?
105510:54
1056Working on foundation wallet?
105710:55
1058Theres been progress for each of the above
105910:55
1060How you measure progress is up to you
106110:56
1062I'm not here to say that LTC has always had major development and that we have a lot of devs
106310:56
1064But this idea that we need to have many devs in order to survive is nonsensical
106510:59
1066Has there been any issues in bugs recently that has made people so worked up on development?
106710:59
1068I would bet many people will say no
106911:00
1070Just because our strong points is not development doesn't mean we are failing or at risk of failure
107111:01
1072Our strong points are brand awareness and adoption, which is why LTC has continued to remain in the top 10 for 8 years
107311:01
1074Yet other coins that have major development are not in the same category as us
107511:02
1076Due to the fact that getting the brand awareness and adoption is difficult
1077A
107811:02
1079Aztek_btc
1080In reply to this message
1081Please pm me
1082IG
108311:04
1084Ilir Gashi
1085In reply to this message
1086?
1087K
108811:11
1089KrlMrks?
1090I think we shouldn't make this conversation available for public
109111:11
1092IMO
1093IG
109411:12
1095Ilir Gashi
1096In reply to this message
1097Nothing I've said has remained private, I've always told the community the same information
1098K
109911:13
1100KrlMrks?
1101there are a lot of things that can be missrepresented
110211:13
1103In reply to this message
1104that is the reason
1105IG
110611:13
1107Ilir Gashi
1108In reply to this message
1109Like what things
111011:14
1111We have been vocal that we pull and merge code from BTC core
111211:14
1113We have been vocal that we are currently in research stages for CT
1114K
111511:15
1116KrlMrks?
1117things can be manipulated concerning development, concerning misunderstanding inside community etc etc
111811:16
1119In reply to this message
1120+
1121IG
112211:16
1123Ilir Gashi
1124In reply to this message
1125Currently writing an article to debunk development FUD
1126K
112711:16
1128KrlMrks?
1129In reply to this message
1130thats great
1131IG
113211:16
1133Ilir Gashi
1134From electric capital, which made that report
113511:17
1136I'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