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Topic: [ANN] Lytix - PoS Maxnode Crypto Platform - page 3. (Read 24723 times)

hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
Response on Bittrex listing:

(Bittrex Support)

Aug 21, 15:24 PDT

Hi ,

Thank you for the interest in listing your digital token on the Bittrex Exchange. At this time, Bittrex has decided not to move forward with listing your token on the Exchange. Given the number of tokens submitted for listing and the nature of our decision-making process, we cannot provide additional information regarding our decision.
Best Regards,

@ Bittrex
newbie
Activity: 58
Merit: 0
Alot of coins struggle nowadays because of btc gaining momentum.
And people kind of forget about the whole blockchain tech right now.
But alt season will come, and it will bring investors interested in projects with a use case that is actually adoptable and useful.

Lytix is one of those coins, and now going under the radar because it's a new coin still in development. It's very much underpriced, and i think in the future it's gonna be expensive to buy a full maxnode.

With the chain getting stable, rewards decreased and good holders, the demand will be bigger than the supply in the future.
After api development and Bittrex listing, this will go only one way, and that is up!
And with the dev working so so hard, and with the help of a great community the future is bright

Proud holder
jr. member
Activity: 313
Merit: 8
Lytix has now a solid foundation.

It's not completely stable yet though, as some holders are still having chain split issues, but we're getting very close to a very stable base with masternodes & maxnodes working nicely.

We are now thinking about marketing / street marketing operations, to spread the news and get more people involved, as when the API is fully developed the market will have to follow!

In the meantime, if anyone has nice ideas about marketing ops (with low budget, but great ideas don't always necessitate big money Wink ), feel free to get us inspired!

So join now or regret later!
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
There is a new release available and it is OPTIONAL. It may help if you are having chain issues. There are some bug fixes and improvements: https://github.com/LytixChain/lytix/releases/tag/v2.0.3
jr. member
Activity: 56
Merit: 1
Before I invest anything, I would like to know who the owners are. You got real names guys?
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
it's a cron job that runs every minute updating the blocks to a mongodb
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
explorer updates every minute and can be off by 2-3 at times
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
weird, now I'm not that sure since my wallet is on 343323 and explorer is on 342321
could it be lagging a bit?
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
Please note: Rewards will halve at block 300,000 and drop again at 350,000:

300,000 - 15 LYTX rewards - 3.75 staker, 6 masternode, 4.5 maxnode, 0.75 dev fee
350,000 - 10 LYTX rewards - 2.5 staker, 4 masternode, 3 maxnode, 0.5 dev fee

next drop at 700,000

so LYTX is getting more scarce!
any news about bittrex plans?

I'm on block 340244 and blockchain shows 340276
any chance I'm on a fork?

my wallet seems ok but I'm only receiving maxnode payments, stakes seems to go all missing.

we're on v2.0.2 right?

There have been some chain issues over the past few weeks. The explorers are on the right chain: http://explorer.lytixchain.org. If you find that you're off then you can follow this guide in the interim until we find a more permanent fix: https://github.com/LytixChain/lytix/wiki/Forked-rebuild.

If you are not on the right chain then, you'll just be wasting resources and all of your gains will end up as conflicted. Best to get on the right chain as soon as possible.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
Please note: Rewards will halve at block 300,000 and drop again at 350,000:

300,000 - 15 LYTX rewards - 3.75 staker, 6 masternode, 4.5 maxnode, 0.75 dev fee
350,000 - 10 LYTX rewards - 2.5 staker, 4 masternode, 3 maxnode, 0.5 dev fee

next drop at 700,000

so LYTX is getting more scarce!
any news about bittrex plans?

I'm on block 340244 and blockchain shows 340276
any chance I'm on a fork?

my wallet seems ok but I'm only receiving maxnode payments, stakes seems to go all missing.

we're on v2.0.2 right?
jr. member
Activity: 313
Merit: 8
BIG Up to FDR for helping us with the Dextro listing! It's heartwarming to see that some project leaders are willing to build a nice global community instead of stepping on each other!! Go French Digital Reserve!

The crypto sphere should not be a place for war. At least that was most probably not the intention of BTC creator.

Nice to know that some of those crypto leaders are carrying the peace & mutual support flag, instead of the so frequent FUD creating and free bashing...
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
Please note: Rewards will halve at block 300,000 and drop again at 350,000:

300,000 - 15 LYTX rewards - 3.75 staker, 6 masternode, 4.5 maxnode, 0.75 dev fee
350,000 - 10 LYTX rewards - 2.5 staker, 4 masternode, 3 maxnode, 0.5 dev fee

next drop at 700,000
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
BIG Up to FDR for helping us with the Dextro listing! It's heartwarming to see that some project leaders are willing to build a nice global community instead of stepping on each other!! Go French Digital Reserve!
jr. member
Activity: 313
Merit: 8
just curious here:
maxnodes have lower rewards than masternodes?
shouldn't it be opposite?
That's a very good question, as at first sight, it looks like masternodes are favoured over MAXnodes.

But as faetos mentioned, the payments are much more frequent for MAXnodes as for now, and it should stay that way because there are much more masternodes in the network than MAXnodes Wink

+ the rewards will also include API access fees share when the API is added and used by clients
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
just curious here:
maxnodes have lower rewards than masternodes?
shouldn't it be opposite?


Avg. MN Payment:
6.80 hours
Avg. MAX Payment:
0.34 hours

you get paid more frequently because there will always be very few. this will be one of many types of compensations for maxnodes
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
just curious here:
maxnodes have lower rewards than masternodes?
shouldn't it be opposite?
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
Corp account requested at Bittrex for the Foundation. I'll keep you posted on how it goes. Once that goes through then I'll submit a listing request. We will need legal memos in the US and Malta. That might be costly.
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
ended up in a fork, updated client and deleted all blocks, resyncing now.

everything seems fine besides my staking
seems like staking doesn't turn on on the new version.
any idea why?

https://github.com/LytixChain/lytix/releases/tag/v2.0.1

upgrade to that - I have disabled maxsync for staking. If you stake you will need that patched release. You don't need it for masternodes or maxnodes.

will definitely check, thanks a lot!
any plans on adding LYTX to one-click masternode setups?

-- trying to setup a new node as well but always get in trouble with my limited linux skills
what should I do to remove old version of lytx from a server? when I do a lytx-cli getinfo it returns me version 1070300
thank you so much!

I'll add it to the roadmap. I would like to make it as easy as possible for folks to install maxnodes and masternodes.

We are also now an official Non-Profit organization. I'm in the process of requesting the corporate account from Bittrex which is a step in getting us listed with them.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
ended up in a fork, updated client and deleted all blocks, resyncing now.

everything seems fine besides my staking
seems like staking doesn't turn on on the new version.
any idea why?

https://github.com/LytixChain/lytix/releases/tag/v2.0.1

upgrade to that - I have disabled maxsync for staking. If you stake you will need that patched release. You don't need it for masternodes or maxnodes.

will definitely check, thanks a lot!
any plans on adding LYTX to one-click masternode setups?

-- trying to setup a new node as well but always get in trouble with my limited linux skills
what should I do to remove old version of lytx from a server? when I do a lytx-cli getinfo it returns me version 1070300
thank you so much!
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
ended up in a fork, updated client and deleted all blocks, resyncing now.

everything seems fine besides my staking
seems like staking doesn't turn on on the new version.
any idea why?

https://github.com/LytixChain/lytix/releases/tag/v2.0.1

upgrade to that - I have disabled maxsync for staking. If you stake you will need that patched release. You don't need it for masternodes or maxnodes.
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