Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate - page 76. (Read 130231 times)

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Current reward for masternode makes the roi very bad even with low number of masternodes so something had to be done. And yes we will get 20% for our mining after hard fork (date not ready), but a increase in price by 22% ish and we have the same profit so really dont matter that much. Price is more important and more masternodes can help with that.

Also now you can get as low as 1/200th masternode, which i just got yesterday from the community member trying to make a small business out of it. I was very sceptic but ended up going for it and giving my mate the 10 lux he were missing to get in for 0,5 share as well. It should be profitable without scam for graslo, and he is very active with good support on discord. Always a risk off course, do your own risk analyses.

You don't have to do anything if you are using wallet 4.3

PoS will increase from a reward of 0.6 LUX to 0.8 LUX

PoW (Miners) will now get 8 LUX coins instead of 10 LUX coins so it will be less profitable for them and many will stop mining LUX coins altogether. This will then means that the 8 LUX coins will be shared among less miners so they will get around the same as before, just that there will be less of them. I believe that this will make the network less stable but the devs don't seem to care so we will wait and see.

MasterNodes (MN) are very similar to staking but require a huge investment of 16120 LUX coins. These will get the 2 coins taken away from the miners and will mean they earn about 10 times what they currently do.

I think you will need around 1500 LUX coins staking in your wallet to get an average of 1 PoS reward per day.

So from block 225000 everything is normal again? I have the wallet 4.3, I do not have to update to the bug fixed version if everything works or? the stakes will not be faster?

This tab still in work now, but yes, make some kind of staking estimations and/or POS calculator is a goal.

As I said, you need to create another one ticket to Cryptopia support if previous one didnt helped, we dont control exchange wallets, all such questions got to be addressed to exchange directly.
And yes, if you really mining directly to Cryptopia there is chance that some of your coins might be disappeared, thats why Cryptopia's deposit page got this notice in the bottom

"WARNING! Please do not mine to your Cryptopia addresses, We do not support transactions from pools like P2Pool etc."

Anyway Cryptopia support is only way to figure all things out through rising a ticket or also you can try to ask in their discord about https://discord.gg/7EwHevS

I have heard a lot about stealing (holding out of the customer wallet) at Cryptopia. As for me, they hold my coins during 62 days after I opened transfer.

I dont see a exchange with a trading volume of 13 million USD stealing 4-5 LUX as realistic.
Some technical issue maybe, but they should be able to sort it out. Probably need to open a new ticket though which aint fun with the current queue.

Also, it looks like you are mining directly to exchange,.That is against "every" exchanges rules.

I applied to the technical support of the exchange two months ago, sent out screenshots. After 1.5 months received an answer that they had problems, but now everything is in order. At the time of circulation, there was more than 5 LUX, they returned only 1 LUX. Listen to this. these are elementary things, look at the transactions with the explorer on the wallet, and compare them with the server of the exchange. Nobody wants to do this, or deliberately cheats.

If you think that you have some lack of coins in Cryptopia's LUX wallet advise to open ticket with their support, Im sure they will help you to figure out with that issue.

Hurts miners, but as a miner im still ok with thoose changes.
We will have more masternodes, and now with the man letting us have 1/100th MN share it is possible to share the spoils for most of us.

Also makes it more lucrative to hold LUX than just mine and dump.

Hello everybody!
Why does Criptopia continue to brazenly steal coins from my wallet on the exchange?
Here is what the explorer LUX shows today:
Balance LUX 8.25261776
LR6ALEHpkrxcY3uWrmEXwpuefNqcqyGcJp
Total Sent (LUX)   Total Received (LUX)   Balance (LUX)
21.65265939   29.90527715   8.25261776
Latest Transactions
Show entries
Timestamp   Hash   Amount (LUX)
30th Mar 2018 08:29:56   7aacfab805da9cd44c0be80d4a28eacded0d626b2a77858e260faeab5660a887   - 0.10067387
26th Feb 2018 16:46:58   eb7da4864acf2b1899fb9ee21cc634d2dd1fed258618b83aba8f76ea64cf5a9f   + 0.06813079
25th Feb 2018 19:01:07   a36a423035aefb5e24c2eeb4341ea95c11727a2bacb337e3294df99cf7b96928   + 0.00054773
23rd Feb 2018 23:14:05   3f04686a135c794ab23c762eabf86602bc0ea87f64909ec9d38ad55a817ee0b8   + 0.00020726
23rd Feb 2018 11:37:57   e210d015a3060d0d343f042de672d885b11524942a0956ab768466412488dcbf   - 0.00440075
22nd Feb 2018 19:59:35   b1fb3154e1f037520531cc0a3473bbc520c1adceee60339b5c744d8672d323f7   + 0.12044109
22nd Feb 2018 11:55:12   9c2b5795e0dbe4690131c00f5439c356f3e5658d15e4b86b7a471240e3b886c1   + 0.11115910
22nd Feb 2018 05:59:08   53783eab8e558aba6f82578f94f2070ecda360133261835bc7df7d2686454b6a   + 0.11106587
21st Feb 2018 19:48:07   5e3e5201c7927bb6dabb744e90331f17e5a893353ef2b9124281fb4b4beca751   + 0.11142499

Balance Criptopia Luxcoin(LUX)
 4.07669225   
In March, I did not perform any operations on Criptopia, but for some reason it was written off 0.1 LUX

Don't wait too long! Less then 2400 blocks to go!

Go LUX 

There are NO payment structure changes at block 225000!
Important: All users and pools will need to upgrade to 4.3 by block height 225000. This upgrade is
for additional chain security. Failure to do so will result in errors on your old wallet.

The reward changes will coincide with a to be announced hard fork for Smart Contracts.
We do not have a set date for this huge change, but we will keep the community informed when the time is closer.

The changes as planned right now, will be as follows:

• PoW Reward : 10 Lux
• New Miner Reward from PoW: 8 Lux (previously 10)
• New Masternode Payment from PoW: 2 Lux (previously 0)
• PoS Reward : 1 Lux New Stake Reward Payment: 0.8 Lux (Previously 0.6)
• New Masternode Payment from PoS: 0.2 (Previously 0.4)

Please join our discord for the most up to date news and information, and to interact with the LUX team, and our amazing community
https://discord.gg/9mnYwra

Thank you!

Sorry I must have missed this, what is happening to the payout structure after block 225,000?

Lots of great news around Lux lately.  Devs are grinding hard and killing it, new wallet has been working great.  The project is unique and looking great!  Keep up the good work!

If you still be using QT or Luxtre sometime in future so yes, its mandatory still.
Also depends of you'll be importing privkeys to web wallet and or sending coins to new created address inside web web wallet.
Anyway better to updrade till 4.3 just for case.

That's a great news!!!!

Should I install the new 4.3 desktop wallet or with the new web-wallet that's no more a mandatory upgrade?

Many thanks to our developers  @Cheaterflums | Sebi, @ericjuta and @Bfons for great work

Friendly reminder, please take care about your own safety of using POS Web Wallet by:
 - setting up of strong password and keeping it in safe place
 - using Google 2FA service
Using 2 of that options required for you own safety

We are so excited announce our web wallet is officially live! Check it out at https://lux.poswallet.io

Crypto magazine "21 Cryptos" place LUX at position #2 of their April "top 21" of most persperctive coins 




Full version can be found here https://www.21cryptos.com

Actually the stats have been improving for a while before 4.3 came out....I kicked up a stink and suddenly we started to see improvements. It has been steadily rising for several weeks now and seems to be on track to get to where it should be. I am very pleased to see this.

I am only brave enough to try the qt based wallet since it is the simpler more developed of the 2. My experience as described above is somewhat disappointing but I will wait and see if it improves with time. I currently have around 30 different wallets on my computer (including several QT based ones and the Daedalus one that luxtre are based on) and this is the only one that ever gives me problems. I am hoping the problems go away but if they don't I have to speak up. Pretending that all is good if it isn't and just sucking up like so many here seem to do is going to do nothing to help this coin.

When block 225000 comes around we will see what is what and whether the issues go away. I certainly hope so, it only helps the coin price when things work. Marketing will only work if the coin does so eere's hoping.