Litecoin Confidential Transactions / MWEB - Dedicated Fund

Any hope in y’all moving away from mining and towards a stak/ DeFi system? Etherium is already having infrastructure problems because of this and all the big crypto is noticing that mining just isn’t sustainable unless power becomes free. What are your thoughts on this?

Also got insta banned on the telegram… for asking the same question. Idk what kind of crap that is but enough to make someone pull out of a coin if it has toxic people on the management side.

1 Like

Donation match for September sent out:

14.30890754 LTC
https://insight.litecore.io/tx/789283e3e7926d9ae422abb1eb0f1dd886b2d038d006f41b51496886905af3a2

7 Likes

David’s September update: MWEB Progress Update Thread - #66 by David
September pay of $6000 (129.78360747 LTC at $46.2308 LTC/USD) has been sent out to David.

6 Likes

Donation match for October sent out:

12.92182458 LTC
https://insight.litecore.io/tx/84593ff424df1c49793271e24035293e8ad64813c3835eb7ab3768da80cdf7b2

0.070332 BTC
https://blockstream.info/tx/ebcf59698d57a85e3eb54e7d4278e6d4c6ce5010a412351f43ca71dd97daf7f2

6 Likes

David’s October update: MWEB Progress Update Thread - #75 by David
October pay of $6000 (106.68297731 LTC at $56.2414 LTC/USD) has been sent out to David.

6 Likes

Donation match for November sent out:

2.89 LTC
https://insight.litecore.io/tx/cb4a9228280dd1b993127b0aaec9dac1a5f22f6d0cd26febacb9ec0d611f3d0d

0.00525363 BTC
https://blockstream.info/tx/5b9205899fddc7d52bab05547a875150b71e6e2182ef08da60ecc4365b282cd1

2 Likes

David’s November update: MWEB Progress Update Thread - #81 by David
November pay of $6000 (67.75917036 LTC at 88.5489 LTC/USD) has been sent out to David.

6 Likes

Donation match for December sent out:

0.25 LTC
https://insight.litecore.io/tx/f912bf76787b66736a7f163302da99adc136c08e353ac006cd0b3d843698b497

David’s December update: MWEB Progress Update Thread - #90 by David
December pay of $6000 (47.96266586 LTC at 125.0973 LTC/USD) will be sent out to David.

4 Likes

The fund was originally for 12 months of pay, but we will continue to pay David from the fund as we have more than 12 months. Currently, we have paid out $78,000 (13 months) to David and have $10,000 left in the fund. Please continue to donate and I will continue to match all donations! Thanks guys and Happy New Year!

22 Likes

I’ve sent some more, not much but help where I can.

7 Likes

Donation match for January sent out:

January 2021

55.63167069 LTC
https://insight.litecore.io/tx/a25d199cbd260be832e975b5df52861edcc2b9be75490388e90b7f04f8c48d9b

0.00630709 BTC

6 Likes

You guys are inspirational! Thank you so much for doing this, we (the community) appreciate your efforts immensely! @coblee thanks for being the Keanu Reeves of crypto!

4 Likes

Donation match for February sent out:

10.99947238 LTC
https://insight.litecore.io/tx/39a088fbe2d01d4b1d9dcdf33191589538b18d0407cc26e7a2f21a2e11e86369

16 Likes

Very excited for this, can’t wait.

2 Likes

This is the feature that brought me to LTC.
… worth

2 Likes

Donation match for March sent out:

9.25466089 LTC
https://insight.litecore.io/tx/565bb10488151fc4dd0bae82fb8cbc54c3200d678fdbcd74edb988849bf6c5a3

7 Likes

Just spent some time reading on here quite glad I did I feel I understand the process better now as well as more informed on LTC future goals and why the main focus is not on pumping it up beyond its present strength. The future seems bright/lite. Slow and steady alongside stability will make it to the finish line with its head held high. Respect to David and Charlie for their vision faith and hard work and the whole “family” as well. These diamond hands should make us all very happy at some point in the future as the dust settles.

7 Likes

Sent donation match for April:
https://insight.litecore.io/tx/fb637af3eb549c873808720feea64abd7c8334afa91290644e8d740185db4058

4 Likes