Topic: LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 44. (Read 147082 times)

Buying LUX coins, prices in private messages

do you know when will LUX hit an exchange?... I'm mining some of them but with my GPU I think I'd prefer to buy...

mining, let's hope for a bright future

there is interest ...

we are looking into it as we finish the build of the new pool servers - then migrate the existing pools to the new servers ... when this is done - we will have a much closer look at this and a few other coins ...

#crysx

Everything is announced on Discord, join us there.
We have an active & helpful community there.

Where can we find more information about airdrops with this coin?

PrivateSend is the feature that gives LUX users full privacy when they use it. It is an improved and extended version of the CoinJoin. In addition to the core concept of CoinJoin, we employ a series of improvements such as decentralization, strong anonymity by using a chaining approach, denominations and passive ahead-­of-­time mixing.

By having a decentralized mixing service within the currency we gain the ability to keep the currency itself perfectly fungible. At the same time, any user is able to act as an auditor to guarantee the financial integrity of the public ledger without compromising others privacy. PrivateSend uses the fact that a transaction can be formed by multiple parties and made out to multiple parties to merge funds together in a way where they can’t be uncoupled thereafter. Given that all PrivateSend transactions are setup for users to pay themselves, the system is highly secure against theft and users coins always remain safe. Currently to mix using PrivateSend requires at least 3 participants.

To improve the privacy of the system as a whole we propose using common denominations of 0.1 LUX, 1 LUX, 10 LUX and 100 LUX. In each mixing session, all users should submit the same denominations as inputs and outputs. In addition to denominations, fees should be removed from the transactions and charged in bulk in separate, sporadic unlinkable transactions. PrivateSend is limited to 1000 LUX per session and requires multiple sessions to thoroughly anonymize significant amounts of money.

To make the user experience easy and make timing attacks very difficult, PrivateSend runs in a passive mode. At set intervals, a user’s client will request to join with other clients via a masternode. Upon entry into the MN, a queue object is propagated throughout the network detailing the denominations the user is looking to anonymize, but no information that can be used to identify the user.

Each PrivateSend session can be thought of as an independent event increasing the anonymity of user’s funds. However each session is limited to three clients, so an observer has a one in three chance of being able to follow a transaction. To increase the quality of anonymity provided, a chaining approach is employed, which funds are sent through multiple MNs, one after another. Fee is 1.49 LUX.

Should we mine on the official pool again ?

ATTENTION!

We will testing the parallel masternode within the next 24hours. The PoS reward during this testing period will use for airdrop.

Any pool and miner from your side for this in the works ?

hmmm ...

so this is what you guys have been up to ...

interesting - will keep an eye ...

really like the logo too ...

#crysx

I am very interested in the offline wallet exchange. Really curious about how it gonna work.
Cold wallet is a really nice idea, Just the price the wallet cost really makes me struggle.

Nice to see the roadmap published today, hope to see the whitepaper soon, so far so good, although I don't really understand what the bank connection is or how it works, and what the Luxcore payment hub will be but awaiting that whitepaper to find out

can i ask why did the ann page get moved here   this makes no sense.  but any way   glad to see a shiny new road map out today.  So what exchanges can we expect luxcoin to be listed on.   is it soon or no?

Thanks for this, loving the updated wallet. Nice work. Could you explain a little about the PoS automate function? Cheers.

It is to ensure anonymous transactions I believe, quite a few wallets have a feature similar to this. Nice to have the option. I don't know the technical details though.

I start DarkSend option but didn't even read what is that for, is there something that help me to understand what this option is?

Lux Wallet V2.2.1 Released:

+Upgraded QT wallet UI
+Added PoS automate function
+Added client control function
+Added network statistics into block explorer
+Redesign dashboard tab

https://github.com/216k155/lux/releases/tag/V2.2.1

 

The roadmap has been published: