Happy China gaining hashpower.(self.litecoin)submitted by Bit by bit, starting with about 7-8%, they are now at 10%.π Rendered by PID 11513 on app-521 at 2017-06-24 10:24:54.930729+00:00 running 3522178 country code: SG.litecoin @litecoin litecoin @litecoin Unofficial Litecoin News Add a location to your Tweets When you tweet with a location, Twitter stores that location.Happy Chinese New Year!It's the year of the Chickun !Loading seems to be taking a while.When you first enter your new Litecoin Wallet, you will notice that there are two sections on the left: Your “normal” accounts, and your Legacy accounts.Do not be alarmed if the normal accounts are empty, as these are, in fact, completely new accounts.You can find your Litecoin funds in your Legacy accounts.If you would like to fully use new features, including SegWit, please move your coins to the normal accounts.More information hereSign/Verify MessagesUnfortunately, Segregated Witness accounts will not support signing and verifying messages, as there is no standard available to be used.

This feature is thus removed from the menu.It will remain available for Litecoin Legacy Accounts, as they retain the old format of signing and verifying messages.Litecoin’s New Segwit (P2SH) AddressesPlease, be aware that Litecoin started using a different prefix for some of its addresses.bitcoin bubble business insiderAddresses that used to start with a number “3” will have to be converted to an address beginning with an “M”.bitcoin est il un bon investissementFor more information, please consult the following article:Litecoin’s New SegWit (P2SH) AddressesP2SH stands for “Pay to script hash”.bitcoin bowl streamSegregated Witness accounts and multisig accounts use these addresses.blog.trezor.ioTREZOR Beta Wallet Now Supports Custom FeesWhen sending a transaction from TREZOR Beta Wallet, you can now set a custom fee.

Fee level is entered in satoshi per byte.Please be especially careful when using this feature, as your transaction might end up stuck and reverted, if the fee set is too low.Bitcoin social media is making lots of noise about Segwit and XT/Classic/BU for approximately a year.I just want to share my personal code monkey perspective on it.Back when XT appeared, I gave it the benefit of the doubt, and even started coding a spamming service so that we could test if Bitcoin was still working with lots of transactions ahead of time.I stopped when I saw other people doing the spamming attack, and it confirmed that, even if people were making lots of noise about it, Bitcoin was working as expected.Some wallets adapted (Core included), making the next spamming attempts more and more boring, until people stop talking about it, as nobody cared.Then came Classic.I was very open to the idea of 2MB HF, the only things that was holding me back was the decision to put the threshold at 75%, the poor skills and the petty political games of the classic team.Then came BU, same as classic, an even worse idea, but with double down politics.Anyway.

I stepped away from the noise since Segwit proposal, as it was clear to me, after seeing Pieter Wuille’s presentation in Hong Kong, that was the best improvement proposed to Bitcoin so far.As someone who invested lots of time on Segwit (by implementing it in NBitcoin, reviewing and testing), I was affected by trolls, as lots of other contributors.Luckily, as a coder, I am often driven by the positive feedback I get from other coders I respect, which kept me from dropping from Bitcoin.Bitcoin, even in its current form, can improve without permission, it is an exciting space.TumbleBit and Lightning Network are possible and will give solution to scale when the world will need it.Segwit will be adopted by Litecoin, if I port NBitcoin to Litecoin, then I will finally have people using my segwit code for real transactions and get feedback from it.Bitcoin Core is always moving forward with awesome features.So I have been busy coding, largely ignoring the current drama, and I am happy with it.

Lot’s of coder have taken the same path.However, from the external perspective, it seems that developpers are not communicating with the community, which make a vacuum to fill for people with a big voice.To prevent that, Gregory Maxwell aka nullc, does an outstanding job at communicating on reddit.Hiddens hands explains the technicals of Segwit on:All of these articles take lots of review and work.The numbers of review for those articles are as high as the amount of review for each PR on Bitcoin Core.As dev, as others, I never hesitate to explain to people the technicals of Segwit by giving talks, interviews, or writing articles.It is fun to talk about what excite me.Meanwhile, I continue coding, I will continue to ignore arguments that are not technical, and refuse to talk with politicians.I will continue to work towards making the scaling and fungibility problems obsolete, by building on top of what other devs and cryptographers are doing.For coders, do not feed the troll, keep coding or helping people to understand.For miners, do not talk to politicians.

It is responsible behavior to not signal segwit because you are afraid it breaks something.Talk to devs if you have questions, we are here for you.Just make sure to not wear a politician hat.I hope Litecoin will help you validate Segwit.DO NOT block segwit for political reasons, you are playing with fire and will burn yourself, with collateral damages.For the community.Bitcoin works great, step away from the drama and use it yourself.Also keep in mind that when a transaction is unconfirmed it does not mean you can’t spend it.(spending an unconfirmed transaction may even speed up confirmation time thanks to Child Pay For Parent)Keep in mind that some people are paid to provoke division.And some are spreading division without knowing it.(Chinese miners are often misinterpreted because of language barrier)For business.Do not assume bitcoin will do what you expect.Maybe Bitcoin will never adopt segwit.Maybe Bitcoin will never get block size increase.I got burned by this one on some internal projects of my company.Bitcoin is more awesome than ever.