October has been a busy month for NanoGPT. We've added a lot of new features and improvements. Here's an overview of everything that's happened.

NanoGPT October Update

(Also, read the blog in original format on our blog)

New Text Models

A lot of text models have been added. Grok, the model that Twitter/X uses, was a much-requested model and we've now got access to it. The Claude 3.5 Sonnet upgrade was a surprise but a welcome one, most of our users report it being a large improvement particularly in terms of coding skills. Meta released Llama 3.2 Medium which significantly improves on Llama 3.1 while being cheaper at the same time.

Following many requests for roleplaying and storytelling models we added a whole range of models that are less censored and more tailored towards this specific purpose. WizardLM, Lumimaid, Magnum and EVA Qwen 2.5 are all models that are more open to generating content that is more creative and quite uncensored, and these along with a few more have been added to a new "Roleplay/Storytelling" category.

Roleplaying models

New Image Models

It was a good month for image models. Ideogram V2 and Ideogram V2 Turbo scored very high on the image model rankings and we were requested to add these particularly for how good they are at putting text in images.

That said, Ideogram, according to most, got overtaken by Flux Pro V1.1 Pro when it came out. Flux Pro V1.1 is an upgrade over Flux Pro which was already a great model, and now generates faster, at lower cost, with better quality. It topped the leaderboards for a few days and it's a model that we had a lot of fun with right away.

The original Stable Diffusion models saw a big upgrade as well with the release of Stable Diffusion 3.5 Large and Stable Diffusion 3.5 Turbo . These are Stability's strongest models yet and are very efficient, but frankly are not the models we would recommend most use.

This became even more true with the release of Recraft V3. Recraft V3 crushed the leaderboards and is now our default and recommended image model. It does text in images perfectly most of the times, has a lot of variety in styles to use, is very fast and priced the same as Flux Pro V1.1. All the images in this post were generated with Recraft V3 with zero manual edits.

Recraft V3 now supported

All in all we're constantly impressed with the quality of image models that are being released, we're happy to support them all on NanoGPT and we're looking forward to seeing what comes next. It really feels as if we're reaching a point where these image models are perfect, but we're also half expecting to see even better models next month again.

New Payment Methods

Our aim has always been to provide access to AI text and image models to everyone, and we're happy to say that we've now added support for a lot of different payment methods to make this a reality.

The majority of the world uses credit cards for online payments, and we now support them for all those that don't have crypto. Previously it used to be the case that our users would invite friends and family to NanoGPT using crypto, but then those friends and family would be unable to add funds after that initial gift. We're happy to open up to more people this way, though we offer a discount in crypto since we believe it's a better payment method.

We've also expanded our support for crypto payment methods. A privacy-oriented service like ours is a natural match for Monero, and Monero was the most requested coin to be added to NanoGPT. We've added Monero via BTCPayServer which we want to give a shout out to, they're a great service and make it very easy to implement more crypto payment methods.

In the same vein we've added Litecoin. Litecoin is the most used payment method on many services as BitPay often reports, and it's an OG in terms of doing payments in crypto.

Finally we've added Dash. Dash is focused on making payments in crypto easy with instant confirmations and low fees, and the community truly cares about it being used as a payment method rather than just speculation.

Starting next month we intend to release usage statistics similar to what BitPay does so that users can see how much the different cryptocurrencies are used. If other services are interested in details on how we implemented these different coins and on how they can do the same we're happy to share. The end-goal is a circular economy where more people can earn crypto and spend crypto without having to go through centralized providers, and we can only get there together.

XMR Dash LTC

Media

We released our blog this month, with an article about why we prefer payments in Nano and an article about why we use Nano as our store of value.

We also started doing podcasts since we believe they're a great way for people to get to know about nano and NanoGPT. We joined Keyword Crypto (Youtube, Spotify) to talk about Nano, NanoGPT, Bitcoin's issues and central banks. We joined Litecoin Underground to talk about us adding Litecoin, about crypto decentralization, trying out NanoGPT with Litecoin and much more. Finally we talked to Joel Valenzuela (Youtube, Twitter) about NanoGPT, privacy and censorship, CBDCs and crypto adoption.

Podcasting wizards

Other

Last but not least, we added a bunch of small improvements.

Our Earn page has been expanded with more options. We've added Get-XNO, KarmaCall, XMRChat, Moneromarket.io, XMRBazaar, and Monezon. Suggestions for more options are always welcome, especially for Litecoin since we don't have good ways to earn Litecoin mentioned on our earn page yet - reach out to us.

Our image model selection has been simplified. We now rank image models by their scoring on independent leaderboards and have moved some of the models into a "more" section to keep the overview clear but still give you access to all models.

Since we've seen so much usage of image generation we added more image generation features. It's now possible to customize your prompting through advanced settings, the icon next to the resolution setting. This allows you to for example set a specific style to use on Recraft V3, to add "negative prompts" ("avoid this") to many models, or to decide how much freedom to give the model in what it will create for you.

In a similar vein we simplified the text model selection. We're constantly balancing between wanting to give you access to all the models and on the other hand wanting to keep model choice simple. We're therefore now showing fewer models in the dropdown, and have moved a lot of extra models into the "roleplaying" and "more" sections. We've also added the ability to determine the visibility and categories of text models for yourself in "Settings", so that if you prefer to see Claude 3.5 Sonnet but not ChatGPT you can now easily do so.

As a final update we've made our API fully OpenAI compatible. This means that you can now swap out OpenAI for NanoGPT as your LLM provider without having to change any of your code. You keep the functionality you're used to from OpenAI, but get access to a lot of extra models.

Thanks for reading our update, thanks for using NanoGPT and for your support, and as always: more is coming.

As always, more coming

I tried faucets, but they don't work. Thank you for any help!
tltc1q5xh3trkyavups2u93y9sj5p4gqe7zne9vcxazt

Hi, I don't want to use an online wallet. I just don't trust those online exchanges like coinbase. Is there a way to exchange fiat for litecoin in a way that it goes directly to the wallet on my PC?

Hey everyone, I’m curious to hear your reasons for sticking with LTC. I know some people are feeling bullish about an upcoming breakout, especially with the recent halving and some chart patterns that hint at potential. But with so many other options out there, I’d love to know why you’re still holding onto Litecoin over other projects. What gives you confidence in its future? Do you think we’re close to a major breakout, or is it more of a long-term hold for you? I’d really appreciate any insights!

I'm just asking. There already is a Litecoin ETF - LTCN by Grayscale. It's terrible. It peaked at over $400 during the last halving and it's stuck at like $17 right now. Like.... even Litecoin is doubling it's performance.

Why do we need another Litecoin ETF and what exactly will it do for Litecoin that LTCN isn't already doing? It's really just another avenue to short it.

Hi all. We posted about our service which supports Litecoin yesterday (https://www.reddit.com/r/litecoin/comments/1ge19yj/litecoin_live_on_nanogpt_access_chatgpt_claude/), but I think maybe most didn't read to the part where we asked for recommendations on how to earn Litecoin.

Our service has an "Earn" page (https://nano-gpt.com/earn) and we'd love to add ways to earn Litecoin in there because we think building a circular ecosystem is important, but frankly we're not deep enough in the Litecoin ecosystem to know which ways of earning Litecoin actually work and which are scammy.

So are there for example websites where you watch ads, play games, fill in surveys and such and earn some Litecoin?

ltc1qw8r3g370edxl7ed2ylwwhg66rh4esqry8fqyr0

This Whale just bought 350,000 LTC worth 24.7m USD

So… I went to Colombia to become a Legal Citizen ( holding onto my birth American citizenship but my family has mentioned how it would be a benefit to have both)… and on the final day of all my countless steps and errands I was pickpocketed in the metro and my iPhone 15 Pro was broken into within 3 hours from the time they nabbed it and all of my crypto was drained… I didn’t realize it, thinking my iPhones 6 digit pin + the OS would make it secure but… somehow they made it past and we’re able to transfer out to this address… I reported it with Coinbase and literally midchat they locked out my account.

I’m a Coinbase one customer and have been for years but I imagine I don’t have any protections against this… I know, I know… not your keys not your crypto… I made myself vulnerable by not transferring it off but in my defense I had attempted literally the night before but apparently those 3rd party services (Trevor/ledger) don’t work in Colombia? Cause my connection wouldn’t let me access it through my Mac in order to take that step.

If anyone has been through anything like this I’m all ears… If there’s any whitehat hackers out there reading… I’m a useful ally with ties into many countries.

Litecoin has processed more than 103m transactions in the last 12 months!

At this rate, Litecoin's 300 millionth transaction will happen on 25th December 2024 🧑‍🎄

Details:

Litecoin has processed more than 100 million transactions in the last year! In its life to-date (13.10.2011 - 24.10.2024), Litecoin has processed 282,614,643 with zero network interruption!

Using the mean daily transaction volume of the last 12 months (283,534 transactions / day), Litecoin would expect see its 300 millionth transaction processed on 25th December 2024! 61 days from now.

Pink: the running total number of Litecoin transactions over the last 12 months (25.10.2023 - 24.10.2024)

Blue: the cumulative number of Litecoin transactions since 13.10.2011. NB: between 13.10.2011 and 25.10.2023 (first date of the 12-month period of comparison) the Litecoin network had already processed a cumulative 179,474,902 transactions.

White: tracking the daily transaction count.

https://preview.redd.it/wnm34ehwsqwd1.png?width=2212&format=png&auto=webp&s=9b74fdc69843a2c193e5bb74c098e069d3f9fe4a

BUY

i would like to get advice. Not into crypto much...I bought litecoin for 500$. After it landed to my wallet and swap it to xmr i lost 70$ My final balance was 430$. I bought them in exchange office. Is this normal, or is there any other way that i can buy ltc without spending so much on fees and swap...Still dont understand, is it due to my wallet, is it due to green or red colour or plus and minus which i dont understand. if someone have few minutes to explaine me i would be very thankfull.

thank you

Hey everyone!

I have just written an article about a new feature in Cake Wallet, the MWEB. I know most of you already know about it, but for those who haven't heard about it yet, I encourage you to read it.
https://blog.zenitria.dev/post/cake-wallet-adds-mweb-for-litecoin-boost-your-privacy

https://preview.redd.it/473m86qh5hwd1.png?width=1024&format=png&auto=webp&s=50814e0312ab3a06f6eee2861a8fed935987fd15

What is MWEB?

It stands for Mimble Wimble Extension Block (MWEB) and Cake Wallet is now the first cross-platform wallet to offer MWEB. This means users can enjoy enhanced privacy and scalability when transacting with Litecoin. This is *huge* news and we're happy to bring this technology to all of you in the Litecoin community!

How to use it?

1. Download/Open Cake Wallet on any OS of your choice running 4.20.0 or later

2. Go into your Litecoin wallet

3. Tap enable MWEB

4. Peg in and enjoy!

We've already seen a massive spike in MWEB usage and hope to see more. More people using MWEB = more people with privacy. We'd love feedback or anything else you'd like to share with the team. It's a new feature and we want to keep improving it.

Hi guys!

Is Coinbase the best method for getting LTC with GBP? The fees are a bit nasty.

Cheers!

Grayscale bought 20k extra Litecoins today; 85k during the last 30 days.
While some of you may be selling, Grayscale is accumulating as much LTC as it can at a very cheap price.

https://preview.redd.it/mopg1oamgbwd1.png?width=1401&format=png&auto=webp&s=8df66f2bb8e9d63e12709eb71cc222710ab6fc17

https://preview.redd.it/gevtettmgbwd1.png?width=1280&format=png&auto=webp&s=b327e9d699fc03367e786d30866ec139897f1e5c

Litecoin (LTC) has seen its share of ups and downs, but there are still reasons to stay hopeful about its future:

1.	Upcoming Halving Impact: Litecoin recently underwent its halving (August 2023), reducing block rewards. Historically, halvings often take time to reflect in price, with delayed rallies following months after the event.
2.	Institutional Interest: With increasing acceptance of crypto ETFs and funds, Litecoin’s availability on major exchanges (like Coinbase and Binance) and payment platforms gives it exposure to broader institutional interest.
3.	Utility and Adoption: Litecoin is frequently used for transactions due to its speed and low fees, making it popular for small payments. As more companies adopt cryptocurrency payments, LTC has potential to become a go-to option.
4.	Resilient Development: The Litecoin Foundation and developer community continue to work on network upgrades. The activation of the MimbleWimble Extension Block (MWEB) improved privacy and scalability, which could attract new use cases.
5.	Bitcoin Correlation: Litecoin often follows Bitcoin’s price trends. If Bitcoin enters a bull market, it’s likely LTC will ride the wave alongside it.
6.	“Silver to Bitcoin’s Gold”: Litecoin’s established reputation and solid infrastructure still give it a spot in the market as a reliable alternative to Bitcoin. It remains a key part of the crypto ecosystem.

While the market can be volatile, crypto cycles suggest patience is often rewarded. Holding on during quiet times has historically been fruitful for many long-term investors.

Hi everyone. I’m trying to understand this peculiar operation of a bot in order to establish its validity.

Can anyone help please?

Many thanks 🙏

Update cake wallet and start using MWEB!

hello everyone, I use Litecoin core wallet and my storage has been used by it. I have seen tutorials on how to move my wallet to another disk and want to do that. My issue is, I just did a transfer to my wallet and has not synced yet and thus my wallet shows 0 litecoin. If i move my wallet now, will the litecoin be missing because it hadn't done syncing? Or am i clear to move my wallet? Thanks in advance!

Some Litewallet Android users are having issues sending with v2.11.1-v2.11.4

Sorry about this, Google required all developers to upgrade to API 34 and this has cause major issues.

Please follow these steps to revert:

Make sure you have your 12 words (You can check by visiting Settings > Show my seed words > Show)

Save and protect your 12 words…do not share them with anyone as they are the key to your litecoin and anyone with those 12 words can take your Litecoin.

Delete Litewallet from your Android device

Leave the Beta Program

Install Litewallet (v2.10.0) from the Play Store

Restore your wallet using those 12 words you saved from the first step

(Litewallet iOS is not affected)

I've tried their faqs. I've contacted support and got no response. It's very frustrating. I've done everything from deleting litewallet as well. My coins are just sitting there and it keeps getting send failed.

Hello there,

according to bitinfocharts, 70% of the LTC supply is held by the top 1000 addresses. This is huge compared to BTC's distribution.

It's not ideal because we would have preferred it to be as distributed and decentralized as possible. However, from a speculative standpoint, I find it significant. It suggests that a few whales are accumulating more and more, which might mean they have inside information on a potential catalyst or could be in a position to manipulate the market to their advantage, potentially pushing prices up.

• BTC Wealth Distribution:
  • Top 10/100/1,000/10,000 addesses
  • Percentage: 6.03% / 15.33% / 32.85% / 56.14%
• LTC Wealth Distribution
  • Top 10/100/1,000/10,000 addesses
  • Percentage: 14.00% / 40.79% / 69.69% / 97.24%

What are your thoughts?