How to do a Gitian Build for Litecoin - Tutorial - CoinAxis

How to do a Gitian Build for Litecoin - Tutorial - CoinAxis

Overview

For developers, one of the most important things you can do to help litecoin, is to do gitian builds of litecoin.  It helps elminate the single point of failure, with centralized software builds.  This distributes the verification amongst multiple litecoin builders.  

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How To Build A Litecoin Miner - CoinAxis

How To Build A Litecoin Miner - CoinAxis

How to build a litecoin miner

This tutorial will be broken down into a good, better, best scenario.  With any type of crypto-currency mining, there are several hardware combinations to choose from.  This can be frustrating, depending on what your long term goals are, and what type of miner you want to be.  There are a few questions you must ask yourself before you begin.

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Recent Comments
Guest — Thomas Greene
I was wondering if you could install 3x 280x with the cooler master xb and extreme3 990x motherboard.
Tuesday, 14 January 2014 11:55
Michael
Thomas: You could install 3 280x's into the HAF & Extreme3 mobo; however, they will be VERY hot, and I wouldn't recommend it. Tw... Read More
Wednesday, 15 January 2014 05:33
Guest — LTC Miner
Hi Michael, thank you for this post, this is the best guide and setup I have read online so far after extensive research to add an... Read More
Saturday, 18 January 2014 19:36
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CoinAxis Joins Inside Bitcoins Conference Next Week in Las Vegas – Get 15% OFF

CoinAxis Joins Inside Bitcoins Conference Next Week in Las Vegas – Get 15% OFF

In response to the current success and buzz surrounding Bitcoins, Mediabistro is sending Inside Bitcoins to Las Vegas next week, December 10-11. The conference will attract experts from the Bitcoin and cryptocurrency industry for networking and discussion surrounding the role Bitcoins play in the economy today and the future.

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marvinpark
Bitcon grows among investors, despite the risks that media buzz and published negative reports. I just realized how bitcoin play i... Read More
Monday, 30 December 2013 03:34
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Open Letter To Peter Schiff - CoinAxis

Open Letter To Peter Schiff - CoinAxis

Open letter to Peter Schiff

Stefan Molyneux recently did an interview you, allowing you to further explain your negative comments regarding bitcoin.  Peter, it seems you don't fully understand what bitcoin is, and/or what the current value & future potential holds.  I hope that your rehearsed argument for bitcoin, is not solely because your financial brokerage business, needs to maintain the monetary status quo in order for it to flourish, as most of your recommendations are a hedge on poor monetary policy.  Full disclosure, as I and family members are/have been clients of Euro Pacific.  

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Competing Crypto-Currencies: The Good, The Bad, and The Ugly - CoinAxis

Competing Crypto-Currencies:  The Good, The Bad, and The Ugly - CoinAxis

Competing crypto-currencies:  The good, the bad, and the ugly.

The emerging world of digital currencies has created a mad rush of innovation, some good, and some outright shameful.  I will be treading lighting on this subject, because there is an emotional aspect for early adopters of any crypto-currency.  This is not unwarranted, as a passionate group of individuals can bring obscure ideas to light, much like Satoshi Nakamoto did with bitcoin in 2009.  These dedicated, and passionate supporters & visionaries help to create what could be most revolutionary technology in over a century.

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Recent Comments
Guest — Peter
Namecoin bad? pretty bad article lol
Friday, 22 November 2013 20:24
Michael
Like I said in the article. It's bad in the sense that it hasn't gone anywhere. I'm afraid if it wasn't merge mined, it would ha... Read More
Friday, 22 November 2013 20:44
Guest — Forkthatcoin
Excellent article, very well written. You could also mention the insecurity of the FTC blockchain that was forked many times and t... Read More
Saturday, 23 November 2013 03:23
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Litecoin VS. Sanitized Bitcoin - CoinAxis

Litecoin VS. Sanitized Bitcoin - CoinAxis

Litecoin VS. sanitized bitcoin

The US Senate has called for hearings to be held about bitcoin, on November 18, 2013.  Recently there has been a lot of speculation about the potential regulatory requirements on bitcoin. This news raged through the bitcoin community, and came about because of the announcement of a company called CoinValidation.  This company proposes to create a blacklist database for government enforcement agencies, to track any bitcoin addresses that have allegedly been used for "illicit" transactions.

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Guest — bitcoin casino
are there any casinos that use litecoins?
Tuesday, 11 March 2014 14:41
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How To Buy Litecoin - CoinAxis

How To Buy Litecoin - CoinAxis

How to buy Litecoin

I often get this question from people interested in litecoin, but don't know exactly how to buy them.  Litecoin is faster version of bitcoin that uses a more memory intensive algorithm called Scrypt.  Litecoin has enormous potential in the crypto-currency world, and is currently sitting at a $100 million dollar market capitalization.  Being a newer crypto-coin on the market, litecoin doesn't have the available infrastructure that bitcoin has.  Things like like an online payment systems & exchanges for litecoin are still being developed, and acquiring litecoin in the future should be much easier.  I will outline two ways to purchase litecoin, one that would be geared towards users in the USA, and one that is more for users in Europe.

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Recent Comments
Guest — Georgie
Or you can use https://litecoinlocal.org to buy or sell litecoins
Monday, 11 November 2013 12:50
Guest — John C.
Thank you for this guide! I spent hours looking for ways to buy ltc, this answered my questions each step of the way.
Saturday, 16 November 2013 05:24
Guest — Spark Vizla
Thanks for that! Your help has gotten me on track and into the coin game! Im prolly the smallest fish in the bubble, but one day I... Read More
Saturday, 23 November 2013 00:27
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Why Litecoin Is Important - CoinAxis

Why Litecoin Is Important - CoinAxis

Why litecoin is important

With the recent popularity of bitcoin, and the exponential growth of hashing (mining) power on the bitcoin network, there has been little news about bitcoins closest complimentary currency, litecoin.  For those of you who don't already know, litecoin is similar to bitcoin.  It has a couple of technical differences that may or may not be highly influential in bitcoin and/or litecoin's success.  More on this later.

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Guest — litetree
There is no question that Litecoins are on the rise, at Litetree.com we have seen a huge surge in new users all looking to start t... Read More
Saturday, 02 November 2013 17:16
Michael
It's good to see more people getting into litecoin. Diversification is a great thing.
Saturday, 02 November 2013 23:01
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Bitcoin And Litecoin Keychain Review - CoinAxis

Bitcoin And Litecoin Keychain Review - CoinAxis

Bitcoin and litecoin keychain review

Inside the alternative currency economy, bitcoin, and litecoin are on the top of the list.  We are starting to see many quality products being produced inside this rapidly growing market.  Today I'm reviewing the keychains from Paperclip Robot.  A combination of promotion and function,  everyone has keys, so why not support the bitcoin economy as well.

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Open Letter To Russell Brand - CoinAxis

Open Letter To Russell Brand - CoinAxis

Open letter to Russell Brand

Dear Russell:

I just finished watching your interview with Jeremy Paxman, aside from Mr. Paxman being a trite individual, it was fantastic exchange of new ideas vs. old.  I'm sure you were expecting Sinead O'Conner, or Miley Cyrus to write you this open-air missive.  Alas, I'm going to underwhelm you, because my fame and fortune are nonexistent.  So, here it is, you get me, Michael, writing you in hopes to get your attention to some important issues, in which are pertinent to your revolutionary interview.

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Recent Comments
Guest — steve from virginia
The revolution will have the centers of London, Paris, Shanghai, New York and Washington burned out w/ millions dead. That's how r... Read More
Saturday, 26 October 2013 01:18
Guest — dkirkwood
isn't a fundemental problem w. bitcoin the reliance on the internet? the problem with that, is the internet exists only at the ple... Read More
Saturday, 26 October 2013 11:01
Guest — Jon Danzig
As Sir Winston Churchill once said, democracy is the worst form of government - apart from all the others. In countries where the... Read More
Saturday, 26 October 2013 11:16
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Why Bitcoin Is Imperative To People In The Global Economy - CoinAxis

Why Bitcoin Is Imperative To People In The Global Economy - CoinAxis

Why bitcoin is imperative to people in the global economy.


Most of us have been strongly affected by the housing & market collapse of 2008.  If you're like me you are still feeling the effects of the dotcom crash, earlier in the decade.  We've all heard the "reasons" for the collapse, well, as best the producers of the various news shows can muster.  There is nothing more frustrating than listening to Jim Cramer pimp the worst stocks, whilst slapping a control board full of sound effects & bright colored graphics...only to realize that some people are taking his advice and losing their hard-earned money.  But, I digress.
 

The one aspect I find frustrating with financial pundits and most economists today, is: they are basing their theories and calculations on a centrally controlled system.  When the global monetary system is essentially broken, it's difficult to predict market behavior.  Although, there is a long line of economists opining the status quo.  Rarely are they correct, yet they often editorialize and/or make policy for the rest of us.  

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Copyright

© Coinaxis, 2013

Recent Comments
Guest — Bitcoin enthusiast
I thought i was reading an old article. 10k bitcoins is already worth much more than 220k
Monday, 21 October 2013 20:35
Michael
Ahh nice catch. That was supposed to be $10,000 in bitcoin, not 10,000 bitcoin. Fixed!!
Monday, 21 October 2013 20:42
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Bitcoin Bob - Money Monopoly

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Silk Road Shutdown. Bitcoin free to go mainstream - CoinAxis

Silk Road Shutdown. Bitcoin free to go mainstream - CoinAxis

Silk road shutdown, Bitcoin is free to go mainstream

Today the feds seized, and shutdown the elusive online marketplace, Silk Road.  For those of you that don't know.  Silk Road was an online marketplace for everything.  When I say everything, I mean, everything.  From drugs, to weapons, and everything else in between, Silk Road had it.  They were able to stay ahead of the feds, because they used the "semi-anonymous" Tor network. The Tor network connected you through dozens, if not hundreds of servers globally.  For example, if connected to the Tor network, it would appear that your IP address was coming from Turkey, when you were actually sitting in a coffee shop in Los Angeles.  

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Bitcoin - An Emerging Global Payment System - CoinAxis

Bitcoin - An Emerging Global Payment System - CoinAxis

Bitcoin - An Emerging Global Payment System

Online transactions have become commonplace in most of our lives.  Companies like Amazon have become ubiquitous, and with good reason.  Their service is impeccable.  The myriad of competitors, vie for a small slice of the online marketplace.  This creates some amazing bargains for the consumer, not to mention, keeping the businesses sharp.   With the online retailers, we have witnessed some amazing progression in the last decade.  Although, there are areas of this online ecosystem, that have remained stagnant, if not abusive to their customers.  What segment, you ask?  The credit card companies.  

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Poland confiscates pension funds, bitcoin still free

Poland confiscates pension funds, bitcoin still free

Poland confiscates pension funds & assets.  Bitcoin still free!

Today, Poland decided to carryout a predictable move.  I say predicitable, because history tends to repeat itself.  What once was private property, has now been confiscated by the Polish government.

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