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Topic: LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 78. (Read 147084 times)

member
Activity: 150
Merit: 12
Tip: distribute 90% of the premain between wallets that have charmed in blocks 0-500.


Awesome!

Dev, let's do it!  Wink


Dev team, think about it, please  Wink

This would raise the value of the coin a loot; the dev will probably benefit from it.
The 10% he keeps will be wort a lot more than what it will be valued now.

I think it's a good suggestion!

AIRDROP!!!!

 Grin
full member
Activity: 252
Merit: 100

I'll give the DEV the benefit of the doubt in terms of "scam", however I can't ignore the fact that this is simply not going to work in it's current form.

Regardless of if it was lack of planning, or if it was a scam or malicious act, it's evident that the average joe with a decent GPU simply isn't going to mine anything here.

Up until the 1 off lucky block, the 9th guy on the rich list had only mined 0.00000517 LUX in all his mining time.

Compare  0.00000517 to the DEV's 3 Million coins (that as described are compounding massively with staking), and you have probably the largest inequality between Miners and DEV I've ever seen.

Even if I run my machine for years, I'm going to end up with something like 1 LUX coin. It's just a broken system.

As said above, Im not calling the DEV a scammer, but the coin distribution is completely broken here.

I'd recommend some sort of relaunch, with perhaps a bonus for the lucky few who got 10 coins in the lucky block as compensation.



Yeah this about sums up my concerns.  I also don't think anyone's trying to scam and I understand the devs want to be rewarded for their work, but the economics of this coin are completely broken because miners will never earn anything close to what devs hold.

Are there successful coins out there where the development team has held 50%+ of the supply for over two years?
full member
Activity: 161
Merit: 100
newbie
Activity: 66
Merit: 0
if the wallet does not work then:
1. Download the wallet from here from the first message.
2. Add the file lux.conf to the
users / appdata / roaming / lux
 directory in which to write the following:
server=1
listen=1
daemon=1
rpcuser=phi
rpcpassword=xx
rpcport=6667
rpcallowip=127.0.0.1
addnode=45.63.25.110
addnode=45.32.245.217
addnode=109.72.52.94:28666
addnode=114.162.212.69:28666
addnode=166.62.157.98:28666
addnode=178.75.12.107:28666
addnode=188.242.167.97:28666
addnode=217.76.187.239:28666
addnode=37.112.13.249:28666
addnode=45.32.245.45:28666
addnode=45.63.25.110:28666
addnode=46.28.98.8:28666
addnode=49.149.79.191:28666
addnode=5.189.85.95:28666
addnode=72.89.43.245:28666
addnode=83.249.26.170:28666
addnode=87.225.108.117:28666
addnode=88.119.28.126:28666
addnode=95.174.205.229:28666
Thanks  its worked!
full member
Activity: 273
Merit: 100
Tip: distribute 90% of the premain between wallets that have charmed in blocks 0-500.


Awesome!

Dev, let's do it!  Wink


Dev team, think about it, please  Wink

This would raise the value of the coin a loot; the dev will probably benefit from it.
The 10% he keeps will be wort a lot more than what it will be valued now.

I think it's a good suggestion!
newbie
Activity: 66
Merit: 0
JUST  MAKE WORK WALLET SyNC
member
Activity: 181
Merit: 10
no place to buy or sell this coin?
member
Activity: 150
Merit: 12
Tip: distribute 90% of the premain between wallets that have charmed in blocks 0-500.


Awesome!

Dev, let's do it!  Wink


Dev team, think about it, please  Wink
sr. member
Activity: 1498
Merit: 342
the Trend is Your Friend?
about 1.44 coins a day with 1060
sr. member
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
Simple calculations (at current net hashrate 88 GH/s):
LUX should priced about 2$ to the profitability of mining would be equal to ZEC for example
full member
Activity: 235
Merit: 100

I'll give the DEV the benefit of the doubt in terms of "scam", however I can't ignore the fact that this is simply not going to work in it's current form.

Regardless of if it was lack of planning, or if it was a scam or malicious act, it's evident that the average joe with a decent GPU simply isn't going to mine anything here.

Up until the 1 off lucky block, the 9th guy on the rich list had only mined 0.00000517 LUX in all his mining time.

Compare  0.00000517 to the DEV's 3 Million coins (that as described are compounding massively with staking), and you have probably the largest inequality between Miners and DEV I've ever seen.

Even if I run my machine for years, I'm going to end up with something like 1 LUX coin. It's just a broken system.

As said above, Im not calling the DEV a scammer, but the coin distribution is completely broken here.

I'd recommend some sort of relaunch, with perhaps a bonus for the lucky few who got 10 coins in the lucky block as compensation.





newbie
Activity: 56
Merit: 0
since i didnot sync the wallet, i gave up! good luck to all of you. i will wait web wallet.
newbie
Activity: 66
Merit: 0
can someone help me with wallet sunc?
full member
Activity: 161
Merit: 100
So is there any alive pool?
full member
Activity: 210
Merit: 101
Can this be mined with a GPU? If so I will start mining it tonight! lol.
full member
Activity: 235
Merit: 100
The Fun was only for 1000 coin in 1 shot....... Now it is over.... too bad..... back to pieces./ fractions.

I can't even get a fraction with 2 x 1070.

I know it's not exactly a power rig, but I kind expect to at least get something..
full member
Activity: 309
Merit: 100
fail start, fail pools what next ?

Pools are not fails, just shitty cheap DDOS protection. Take a look at ITZ, Signatum, CHC etc.. devs always promise some next gen tech but after the first pump n dump they will disappear. This is another coin of that kind, created by the same people.
newbie
Activity: 66
Merit: 0
MY wallet doesnt work ! Sad NOT sync
Nodes doesnt help!
Someone help!
newbie
Activity: 2
Merit: 0
what a fuck, at least one pool works?
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