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Litecoin · 2011

The detail Charlie Lee held back before Litecoin could start

Publishing the mining software early created a problem. Someone might use the head start to mine the real chain.

Charlie Lee, the creator of Litecoin.
Charlie Lee, the creator of Litecoin. Photo by Charlie Lee · CC0. Web edition resized.

In October 2011, Charlie Lee introduced Litecoin on the BitcoinTalk forum under the name coblee. Prospective miners wanted the software in advance. Downloading it, compiling it and finding out whether it ran on a particular machine all took time. Distributing it early would give more people a chance to be ready when mining began.

Then Lee returned to the thread with an awkward request: download the software again. He had found a way someone might start mining ahead of schedule. His revised client included the expected hash of the starting block, but still required its timestamp and nonce. A hash let people check the starting block when those details arrived. On its own, it did not supply all the inputs they needed to begin.

The exchange is worth reading because a launch date can sound like an administrative detail once a network is established. For the people in that thread it determined who had a shot at the first rewards. Lee’s patch made the distinction between having time to prepare a machine and having private time to mine visible in the code.

Original sources

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