Topic: [ANN] LUMBER (LUMBER) - zkSNARKs-Sapling, CPU-centric, 80/20 POS/POW (Read 928 times)

NEW windows AMD miner for those 580rx !
This coin is MADE to rip !
https://github.com/monkins1010/AMDVerusCoin/releases/download/v5/newAmdlumberminerr.rar

Mining Pool:
https://lmbr.mcmpool.eu/stats

I would recommend all users to switch to the Verus Agama wallet, or KomodoD (Linux).
https://github.com/VerusCoin/Agama/releases/tag/v0.6.0.13-PBaaS-Cross-chain-Technology-Preview

For more details on how to solo mine, check into the discord!

So far 150,000 LUMBER of the pre-mine have been burned.
https://explorer2.lumberscout.io/address/RD6GgnrMpPaTSMn8vai6yiGA7mN4QGPVMY

The LSF is pursuing a deflationary monetary policy.

Pool info here:
https://miningpoolstats.stream/lumberscout

OTC Atomic swaps here:
https://app.barterlly.io

Trading on Digital Price:
https://digitalprice.io/order?url=lumber-btc

Daily stats:
https://coinpaprika.com/coin/lumber-lumber/

Hi,

Have mined this for a few hours.
Looks okay.

Exchange seems to work fine.
Need to use Agma Wallet thats all....tried both Lite and Native, both seem to work fine.

https://www.digitalprice.io/order?url=lumber-btc

I have a few for sale if any one wants some. (currently @ 193 sats per coin)
J


####
Just reduced price to 100 sats for a quick sale....going back up shortly

why such a large hashrate, more than zcash?

failed ICO try, https://www.reddit.com/r/komodoplatform/comments/7vyfj3/lumberscout_dico/
now premine, stay away

Premine with 50-80% POS... yeah... you're going to compound the shit out of those coins. Also Verushash 1.0 is FPGA readily with the F1...

In summary, the params make this coin an absolute joke.

The chain is online !
https://explorer2.lumberscout.io/

To incentivise early miners we are going with the "Verus Classic" v1 verushash 50 PoS / 50 PoW rewards model until we eventually switch to 80 PoS / 20 PoW !

More info on the discord !

https://discord.gg/hyk3v4h

We have put in our application to get on an exchange and will announce once we are listed !


#GETLUMBER !

https://www.instagram.com/p/BrxpfwMlNJG/



 

So many projects want to build their own exchanges, but it isn't any good as there won't be strong liquidity on all of them.

besides being an anonymous coin then the lumber will have its own exchange, namely lumberscout? are you going to launch both of them on january 4 next year?

pool res

Whatever you reserve, there is still no answer in regards to what this project is actually meant to do. Please an update.

I first thought your goal is to prevent the world from experiencing some natural disaster, but you seriously want to build an anonymous currency?

Shhhhh, you will scare off the new people that don't know any better

Premined the shit out of whatever shitcoin you magically gave birth too. it would have been hilarious if it wasn't this sad!

Almost 10% premine, all usernames are new and not real people, fuck that.

LUMBER is a next gen altcoin that leverages the newest innovations of "zero-knowledge" (zkSNARKs-Sapling) privacy and a hybrid Proof-of-Stake, CPU-friendly VerusHash Proof-of-Work algorithm.

LUMBER forms a essential part of the Lumberscout trading platform that will facilitate the crypto-conditioned global trade of forest products and commodities.

Unlike equihash that is monopolised by ASIC farms, verushash 1.0 was designed with a preference for smaller, individual miners to ensure a decentralized mining base.    

To protect the PoS chain from bad actors and to give the trading platform a means of self-funding, the first 128 blocks were mined by the Lumberscout foundation. The decision to sell staked LUMBER will be decided within the context of Lumberscout's DAO governance model; weighing the factors of development need, network security and market conditions.

The public launch date for LUMBER is January 4th, 2019, one day after Bitcoin's birthday, in honor of Hal Finney. Please join the Lumberscout discord channel for further updates.


Total Supply: 21,000,000 LUMBER
Premine: 1,260,600 LUMBER
Consensus Mechanism: 80% PoS / 20%
Preferred Consensus Device: CPU / GPU
Mining Algorithm: VerusHash
Blocktime: 1 minute
Block Halving: 4 year interval
Current Block Reward: 4.7


Staking instructions:
Staking is automatically enabled in the Agama wallet, and will operate continuously in the background as long as Agama is running and you have spendable coins that have been held in your wallet for at least 100 blocks to mature a utxo to stake it.


Website: https://Lumberscout.io
White Paper: https://github.com/Lumberscout/Documents/blob/master/whitepaper.md
Reddit: https://www.reddit.com/r/Lumberscout
Twitter: https://twitter.com/LumberscoutCom
YouTube: https://www.youtube.com/watch?v=tpZNQBl8fEw
Discord: https://discord.gg/hyk3v4h


LEGAL DISCLAIMER: The free software made available through these links is experimental software only and should be used at your own risk. We make no warranty or guarantee of fitness for any specific use, and at no point do the LUMBER developers or anyone affiliated with the LUMBER developers assume any responsibility for financial or other loss you may incur by using the free software described in this post. USE AT YOUR OWN RISK.