Pages:
Author

Topic: LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 81. (Read 147102 times)

newbie
Activity: 13
Merit: 0
Let's DDoS all pools and solo mine the Cherry picked blok   Shocked
sr. member
Activity: 1498
Merit: 342
the Trend is Your Friend?
as the umine pool fell in time, neatly after the 496 block ....
full member
Activity: 235
Merit: 100
yiimp Dead ?

Extremely dubious timing.  

Bearded Pool looks like it bounced for a second, but came back up.

I'll be salty if the pools all crash at block 500!



full member
Activity: 216
Merit: 100
Miner on nvidia
Someone mining the solo to extract a 501 block Grin
full member
Activity: 319
Merit: 100
As usually FUCKING YIIMP.EU again and again lays down pool and steal our money
They did forever and will do this forever

FUCKING YIIMP and its owners thiefs
newbie
Activity: 51
Merit: 0
TPruvot SCAM !!!  Grin
newbie
Activity: 10
Merit: 0
Play cards with a coolie?
hero member
Activity: 714
Merit: 500
Just about the time YiiMP Angry Angry Angry

Seems like being DDoS, this is an ugly world  Angry

Damn, I was mining at yiimp and was looking forward to get the share from block 501  Cry
newbie
Activity: 19
Merit: 0
5 blocks left! Coincidence, I do not think so! Grin Grin Grin
member
Activity: 181
Merit: 10
yiimp is down again  Grin Grin Grin
full member
Activity: 252
Merit: 100

-snip-

Did you read my post?  There's a 50% PoS reward.  So the dev is earning 1.5 million Lux the first year, 2.25 million lux the second year, etc.

Edit: I'm not trying to FUD by the way.  I'm wondering if my math is wrong, or if the dev has a plan to address this issue, that's all.

good point about pre-mine and staking, and i have serious doubts that devs will come back with a reply.
All the most people see is NEW ALGO HEADER and trying to jump on the train without digging the details.
Fair launch with a premine which looks like destroyed new algo.

There is an entire team that worked around the clock to create and launch this coin.
We discussed and tried to find the best approach and plan and we are aware that not everybody can be pleased.

If staking reward was too low, people would have said that they don't get enough rewards and that there are no masternodes.
If there is bonus & incentive for staking (2x PoS reward for 100K blocks), people say that devs get a big wallet and dump.

We tried to listen to the community on Discord and adjust things here & there in regards to the benefit the coin.
Please remember that no exchange lists you for free and no marketing or promo for the coin is possible without funds.

Thanks for the response.  I do think you should consider other solutions.  You could, for example, make a policy that dev team will only stake 25% of their coins.  I'm not trying to say dev team should get no reward.  But surely you can appreciate the poor optics and economics of the dev reward growing from 3 million (5%) to 4.5 million (7.5%) in one year through staking alone?  I mean, if you think about it, you're going to be hurting the value of your own holdings with the potential drag that  level of concentration will create on the market cap.  You may end up rewarding yourselves more in real dollar/bitcoin terms if you allow the distribution of this coin to be a little more decentralized.  If you only stake 750,000 coins, you still earn 375,000 coins on the year.  Anyone else would need over 16% of network hash to achieve that level of return in one year.

The above is just a suggestion, if you think dev team deserves to have 16% of total supply in 3 years and 25% of total supply in 4 years, I can't argue with you.  It's your right to value your effort.  I can only choose whether or not to participate, and the market will decide the rest.
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
full member
Activity: 187
Merit: 100
Just about the time YiiMP Angry Angry Angry
full member
Activity: 180
Merit: 100
yiimp Dead ?
full member
Activity: 261
Merit: 101
rx460x4 got 77kh)))
copper member
Activity: 970
Merit: 287
Per aspera ad astra
- snip -

I checked 100 times, no problem with firewall, I turn it off - same situation
I have 3 connection, few seconds and i have none.
wallet does not synchronize

Did you try with latest wallet and no addnodes in config?
It should help since it has more seednodes.
full member
Activity: 679
Merit: 103
just great, yiimp is down right near 500 block  Roll Eyes
newbie
Activity: 28
Merit: 0
In this new coin, in my opinion, it is good only to use the new algorithm.
Everything else went wrong.
In any case, I hope that a bad start is just the beginning of a good coin.
Tip: distribute 90% of the premain between wallets that have charmed in blocks 0-500.
newbie
Activity: 40
Merit: 0
I have this error:
socket recv error 10054
socket recv error 10054

check if you don't have already any miner on work. this is message of  DeviceGetstatus socket(Videoadapter) socket is already used by another mining software.


this error from wallet LOG

check you firewall , and if need make port forwarding. wallet can't receive the connection(or is blocked by your AV or Soft Firewall).

I checked 100 times, no problem with firewall, I turn it off - same situation
I have 3 connection, few seconds and i have none.
wallet does not synchronize
copper member
Activity: 970
Merit: 287
Per aspera ad astra
Is there working blockexplorer for LUXcoin?
It would help a lot

Check YiiMP.
Official explorer will come soon.


Emm..ok..and what is it   http://18.216.19.65/  ?? ? 

or is only for test ?

Not for test, just that it's not configured under a domain name yet.
We want to do it right. Wink
Pages:
Jump to: