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Topic: [ANN] • [LC] • Lutetium Coin • POS/Premined share Pool • energy free cloudmining - page 37. (Read 74434 times)

legendary
Activity: 1190
Merit: 1002
member
Activity: 84
Merit: 10
This is basically an ICO

It isn't an ICO.
Instead of passing all coins out on an airdrop we want to generate the feeling of mining.
This is also good for a small continous generation/free coins not held by the master wallet.

You don't have to buy shares, you can also promote LC with a forum signature (we will update this later), setting up a blockexplorer/node or other services.

This is a coin for the community and we think this a new way to "farm" coins without bunring energy. This will also help vs 51% attacks on POW coins because it is 100% POS with POW from premined coins which will all be distributed.

If the community dislikes this way of coin distrubution we could also change from 100% Premine to 10% Premine with mentioned distrubution and 90% PoW, we also thought about that way but in this case again much energy would be burned. Consider farming scrypt on 1GH/S, you have to pay continous energy costs (except you are lucky and don't have to pay for energy). With cloudmining you only need to aquire some shares for receiving continous payouts depending on how many shares there are in total (we are not sure about maximum share count yet) for one year.
hero member
Activity: 616
Merit: 503
@Mansa_Godson
legendary
Activity: 1517
Merit: 1042
@notsofast
Centralized = why should I trust you = pass.
hero member
Activity: 1022
Merit: 501
member
Activity: 84
Merit: 10

This ANN is currently getting reformed. We will sort out unimportant/old stuff and add new informations.
For the original ANN please check: https://bitcointalksearch.org/topic/m.14928310




Lutetium Coin

link to the pool:Pool is still in development.
www.lutetium.pw/public/

FAQ:
Q.1: How do you get your free shares on the mining pool?
- 1. Please register on www.lutetium.pw/public
- 2. Send us a PM with your pool username and/or pool emailaddress
- 3. We will manually add your free shares
Free shares according to forum rank:
[ANN][LC] Lutetium - Get free mining pool shares

Sharelist:



currenty Bountys
Logo contest:
We think the current Logo isn't to bad but there can/could be a better one :-)
If you are a talented photoshop master maybe you can create a nice Logo for Lutetium.
This is actually very nice because YOU can give LC a face. The wallet will get recompiled (didn't release it yet, read above statement) and your logo will get included in the wallet!
Reward: Shares on the mining pool, permanent on the total "share PoW"
Simply upload your logo and your logo will get linked on the ANN below.

Current Logo, which is real physical Lutetium:


***Last update on submitted Logos: April 21, 2016, 08:03:46 PM***

sunce33: -  3 new logos submitted: May 23, 2016, 10:39:59 AM

 




ydrogios:


Caesar7


Isolani159


jovan85


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