Home » livecoin fees » Ter September 2014 LitecoinPool.org also became the very first Litecoin pool to opoffering secure mining overheen TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

Ter September 2014 LitecoinPool.org also became the very first Litecoin pool to opoffering secure mining overheen TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

In September 2014 LitecoinPool.org also became the first Litecoin pool to offer secure mining over TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

Mining litecoins since October 21, 2011

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Welcome to the very first true pay-per-share (PPS) Litecoin pool. Some of our key features:

  • Sensational ultra-low-latency Stratum server implementation, written ter C
  • Support for Stratum overheen TLS, to prevent MITM attacks
  • Merged mining (AuxPoW) of several altcoins, paying out ter litecoins
  • Support for the resume extension to Stratum
  • Adaptive share difficulty (vardiff), with support for manual tuning
  • Network of 8 geographically-distributed, redundant servers
  • Detailed stats updated every few seconds
  • Email notification of idle miners
  • Fee-free automatic and manual (instant) payouts
  • Two-factor authentication support
  • Webstek and mining interface also accessible spil Tor hidden services
  • Extensive JSON API

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The Prize System

Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share (PPS) rate. This rate, voiced ter litecoins, also takes into account merged-mined coins such spil Dogecoin, resulting te higher payouts than a regular Litecoin pool. Thanks to merged mining, you have to pay no toverfee, te fact, your earnings may even be higher than with a 0-fee PPS system.

This is not a PPLNS, SMPPS or RBPPS pool: wij always pay for your work, even if the pool has not yet solved enough blocks to voorkant the earnings generated. On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no prize. A PPS pool, on the other forearm, takes on the risk of bad luck so you don’t have to overeenkomst with variance and orphaned blocks.

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A Bit of History

LitecoinPool.org wasgoed commenced shortly after the birth of Litecoin by Pooler, who is well known ter the community spil a member of the Litecoin core development team and for being the maintainer of the cpuminer software package. Since the very begin, the pool used ad-hoc software: Pooler wrote the vooraanzicht end entirely from scrape, with security and efficiency ter mind, while the mining back end wasgoed originally a heavily-modified version of Jeff Garzik’s pushpool. After two weeks of intensive testing, on November Five, 2011 the pool opened its doors to the public, becoming the very first PPS pool for Litecoin. Te April 2012 LitecoinPool.org also became the very first pool to support variable-difficulty shares, a mechanism zometeen dubbed vardiff by Bitcoin pools, permitting miners to drastically reduce their network bandwidth usage.

Thanks to its advanced features and its reliability, the pool quickly attracted a very high number of miners, to the point that during the very first half of 2012 it often constituted overheen 40% of the entire Litecoin network. Due to centralization concerns, it wasgoed determined to temporarily close fresh registrations, straks te 2012, registrations were reopened, but have since bot subject to approval.

Ter August 2013 the back-end software wasgoed entirely redesigned and rewritten from scrape to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol ter cpuminer. This fresh implementation makes LitecoinPool.org the very first Litecoin pool based entirely on software written from scrape, and the very first pool to implement extensions to the Stratum protocol such spil resume, suggest_difficulty and suggest_target.

Ter September 2014 LitecoinPool.org also became the very first Litecoin pool to suggest secure mining overheen TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

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Acknowledgements

Wij wish to thank all the people who have, directly or indirectly, contributed to the development of this pool. Te particular, many thanks go to (ter alphabetical order): coblee, DeLorean731, Derringer, diki, g2x3k, Graet, guruvan, inlikeflynn, jgarzik, LittleDuke, piperitapatty, pontius, rTech, shawnp0wers, ssvb, terrytibbs, WKnight, Xurious.

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3 thoughts on “Ter September 2014 LitecoinPool.org also became the very first Litecoin pool to opoffering secure mining overheen TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

  1. MommyNEtexas says:

    yes te today’s truly have to be careful let alone trade te digital currency. because the responsibility is held by our own. if wij are not careful then wij will lose some of our assets.

  2. lylasbb says:

    The interface is nicely designed and relatively effortless to use. Everything is just a click away, and switch inbetween the markets is swifter than on the other exchanges. I never had problems with livecoin.

  3. bprincess340 says:

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