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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Sherlock.Holmes on June 08, 2020, 06:56:08 AM



Title: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 08, 2020, 06:56:08 AM
What's new in luck:

In the Bitcoin network, as the computing power of the mining pool continues to increase, individual nodes can no longer independently participate in mining. Individual miners can only participate in mining by joining the mining pool, which completely deviates from "one-CPU-one-vote" vision. In essence, a mining pool is only equivalent to a node, monopoly mining is very terrible. In addition to unfair incentive, monopoly mining is possible for mining pools with greater computing power to be actively or passively carryed out attacks on the network, resulting in the collapse of the entire system.

We believe that in the Bitcoin network, the formation of the mining pool is inevitable, because in the proof-of-work mechanism, the miner can outsource part of his work to other miners. The cooperative mining between miners is obviously superior to non-cooperative mining. The traditional view is that the formation of the mining pool is due to the ASIC. We believe that this is not the key reason. Many existing projects eventually formed the mining pool after adopting the anti-ASIC strategy. The strategy only limits the growth speed of the computing power of a single node, but the advantages of cooperative mining are still obvious.

In the traditional proof-of-work mechanism, we believe that cooperative mining is inevitable. This is because there are no puzzles can’t be outsourced.

We propose a two-phase-proof-of-work mechanism to solve the problem of cooperative mining. We introduce a concept of "luck" in each round of mining, that is, miners rely on luck to mine. We split each round of mining tasks into two phases of proof of work, the first phase is a lightweight task to complete the calculation of the luck , and then calculate the difficulty of the second phase of the mining task according to the luck, The higher the luck, the smaller the difficulty, the smaller the luck, the greater the difficulty. The second phase is to complete the corresponding work according to the corresponding difficulty. We can prove that under this two-phase-proof-of-work mechanism, the expected output of miners' cooperative mining is lower than that of their non-cooperative mining. This is the key to achieving "one-CPU-one-vote". Whether each node belongs to the same miner, it will choose to mine independently.

In luck network, the systemic risk of the network is no longer a 51% computing power attack, but a 51% node attack, that is, a mine owner has mastered more than 51% of independent nodes in the entire network. Attacks are destructive to the system. But obviously, it is much easier to master 51% of the computing power than to master 51% of the nodes. In addition, for the  two-phase-proof-of-work mechanism, if the number of honest nodes in the whole network is enough, for example, more than 1000 nodes, even if a miner has mastered 51% of the nodes, he wants to make a profit through a fork, he needs on average to mine 1000000 blocks to catch up with the main network, which is a huge cost.



We are looking for:

     1. If you have experience in social media, we would like to talk with you about spreading the project.
     2. Some miners who would like to paticipating in mining.

Feel free to contact us at Sherlock.Holmes.luck@protonmail.com


Some links:

Welcome to the Luck:
     https://lucknet.club
     Whitepaper: https://lucknet.club/doc/luck.pdf

Some other media links:
     Discord: https://discord.gg/TN6XhcD
     Telegram: https://t.me/luck_cryptocurrency
    

News

Testnet has been opened, Welcome to join.



Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: Sherlock.Holmes on June 08, 2020, 07:07:13 AM
Previously we have opened a discussion at https://bitcointalk.org/index.php?topic=5254327.0 and https://bitcointalk.org/index.php?topic=5249323.0


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: sky-white on June 08, 2020, 07:12:28 AM
It is a very interesting topic, good luck to you!


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: wolfwolf on June 08, 2020, 07:27:38 AM
Thank you for your sharing, I will always follow this project.


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: angrybirds.allen on June 08, 2020, 08:37:46 AM
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: Sherlock.Holmes on June 08, 2020, 10:47:35 AM
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.

The power monopoly is theoretically caused by cooperative mining. In this project, the cooperative mining is irrational, which will generate a large number of miners instead of mining pools.


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: WhiteLee on June 08, 2020, 01:44:30 PM
So is there a test release for mining ? when is that date?


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: Sherlock.Holmes on June 09, 2020, 01:04:01 AM
So is there a test release for mining ? when is that date?

We will officially start testnet mining in July, and the mainnet will be officially launched a few weeks after testing


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: angrybirds.allen on June 09, 2020, 01:27:47 AM
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.

The power monopoly is theoretically caused by cooperative mining. In this project, the cooperative mining is irrational, which will generate a large number of miners instead of mining pools.

thanks, it looks like it will be better than Bitcoin.  ;D


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: orange094 on June 09, 2020, 01:40:30 AM
Very interesting solution. I have read the whitepaper, and I must say I am pretty impressed..

Good luck with "luck"



Also give a suggestion, I think you should name it "double proof of work" instead of "two-phase proof of work"

[moderator's note: consecutive posts merged]


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: happybirthday12 on June 09, 2020, 06:13:53 AM
I like this mechanism.
In addition i'm interested to learn more as a miner.


Title: Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
Post by: wolfwolf on June 09, 2020, 06:23:39 AM
I like this mechanism.
In addition i'm interested to learn more as a miner.

As we all know, large mining pools are a threat to Bitcoin, and this solution will make mining more decentralized.

I also like this mechanism


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 09, 2020, 08:33:54 AM
Thank you very much for your enthusiasm, we have received a lot of email feedback, we try to deal with each email in a timely manner.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: greenfrogred on June 09, 2020, 09:34:08 AM
I'm not sure to fully understand your idea.

For the 4th part in your whitepaper, the difficulty function f(l) must be sensitive enough to l to satisfy E2(m)<E1(m), which means that f(max) must be much larger than f(min). How is f(l) designed?

I really don't understand the selfish mining attack in your whitepaper, and I don’t understand how the 1/m^2 was derived?



Due to the difference in difficulty, the fork probability of the system is reduced, which is indeed a good solution.

Good luck to you!

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on June 09, 2020, 10:02:52 AM
I'm not sure to fully understand your idea.

For the 4th part in your whitepaper, the difficulty function f(l) must be sensitive enough to l to satisfy E2(m)<E1(m), which means that f(max) must be much larger than f(min). How is f(l) designed?

I really don't understand the selfish mining attack in your whitepaper, and I don’t understand how the 1/m^2 was derived?

I think it can be understood like this.

when two miners do not cooperate in mining, their luck l1 will be better, and the mining difficulty f(l1) will be lower;
when they cooperate, their luck l2 will be worse, The mining difficulty f(l2) is higher.

Although the power of their cooperation is *2, when f(l2)>2*f(l1), it can satisfy E2<E1.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on June 10, 2020, 03:06:51 AM
I'm not sure to fully understand your idea.

For the 4th part in your whitepaper, the difficulty function f(l) must be sensitive enough to l to satisfy E2(m)<E1(m), which means that f(max) must be much larger than f(min). How is f(l) designed?

I really don't understand the selfish mining attack in your whitepaper, and I don’t understand how the 1/m^2 was derived?

I think it can be understood like this.

when two miners do not cooperate in mining, their luck l1 will be better, and the mining difficulty f(l1) will be lower;
when they cooperate, their luck l2 will be worse, The mining difficulty f(l2) is higher.

Although the power of their cooperation is *2, when f(l2)>2*f(l1), it can satisfy E2<E1.


From another perspective, the variance of cooperation is greater than that of non-cooperation. one-cpu-one-vote is the result.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: angrybirds.allen on June 10, 2020, 05:46:45 AM
If this mechanism works properly, I think the project has great potential.
Indeed, no matter which hash function you choose, as long as you use the same idea of traditional PoW, pools are inevitable.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 10, 2020, 02:22:00 PM
I'm not sure to fully understand your idea.

For the 4th part in your whitepaper, the difficulty function f(l) must be sensitive enough to l to satisfy E2(m)<E1(m), which means that f(max) must be much larger than f(min). How is f(l) designed?

I really don't understand the selfish mining attack in your whitepaper, and I don’t understand how the 1/m^2 was derived?

I think it can be understood like this.

when two miners do not cooperate in mining, their luck l1 will be better, and the mining difficulty f(l1) will be lower;
when they cooperate, their luck l2 will be worse, The mining difficulty f(l2) is higher.

Although the power of their cooperation is *2, when f(l2)>2*f(l1), it can satisfy E2<E1.


From another perspective, the variance of cooperation is greater than that of non-cooperation. one-cpu-one-vote is the result.


Thank you very much. You are right. From the perspective of minimizing risk, the expected output of cooperation is low and the variance is large. Rational miners will choose to mine independently. 8)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on June 11, 2020, 11:06:30 AM
when will the test/mainnet launch ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: orange094 on June 11, 2020, 12:27:18 PM
I want to know how to participate in mining.  ::)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: autumngrass on June 12, 2020, 03:11:29 AM
Good luck - looks very interesting,I already follow you


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 12, 2020, 09:28:08 AM
Thank you very much for your attention. We will release a notice about the launch of the testnet within the next week.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: pinball_wizard on June 12, 2020, 02:17:56 PM
Nice to see something new on bitcointalk, have to read your whitepaper, but new and simple idea are always welcome.
Will follow your updates!!
Any idea on testnet/mainnet release dates?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on June 14, 2020, 02:31:36 PM
this is the best solution I have seen to eliminate the threat of mining pools.
wait for testnet.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 15, 2020, 06:54:34 AM
Testnet will be opened on June 25, 2020. Welcome to join.
Refer to https://lucknet.club for details.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: happybirthday12 on June 18, 2020, 01:22:12 AM
Testnet will be opened on June 25, 2020. Welcome to join.
Refer to https://lucknet.club for details.

Large mining pools are the biggest threat to decentralization. Any proposed weakened pools must be marked better.
Good luck.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: angrybirds.allen on June 18, 2020, 01:38:45 AM
Large mining pools are the biggest threat to decentralization. Any proposed weakened pools must be marked better.
Good luck.

You are right, good projects deserve more attention


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on June 18, 2020, 02:02:38 AM
Any new release?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cabron on June 18, 2020, 02:11:57 AM
Large mining pools are the biggest threat to decentralization. Any proposed weakened pools must be marked better.
Good luck.

You are right, good projects deserve more attention

Somehow that is what is happening. BTC may look decentralize but there seem to be a central authority when it comes to mining the huge vote will disrupt consensus if there is something to decide. This project though may still now be very successful without support from big community. For it to have a community to begin with you will have to spend for bounty campaigns and promotions.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 18, 2020, 12:09:52 PM
Large mining pools are the biggest threat to decentralization. Any proposed weakened pools must be marked better.
Good luck.

You are right, good projects deserve more attention

Somehow that is what is happening. BTC may look decentralize but there seem to be a central authority when it comes to mining the huge vote will disrupt consensus if there is something to decide. This project though may still now be very successful without support from big community. For it to have a community to begin with you will have to spend for bounty campaigns and promotions.

Thank you for your attention. We do not plan to design pre-mining and ICOs, but after the test, we will still design some bounty compaigns.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on June 18, 2020, 01:18:15 PM
Any new release?

I have been following this project for a while and look forward to a new release.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 18, 2020, 01:44:59 PM
The testnet is about to open next week. After the test, we plan to design some bounty campaigns. Anyone have some relevant experience or ideas about bounty compaigns are welcome to make some good suggestions. ;D


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gameparadise007 on June 18, 2020, 02:09:46 PM
For can set bounty for -
1. Signatures, display pics on the forum (Higher the level higher the bounty).
2. Discord group invited bounties.
3. Twitter post bounties.
4. A blog or video about the project.

These are the most simple ways people can earn rewards.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on June 19, 2020, 07:41:21 AM
Small miners may prefer this project because it is more decentralized.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptobtcnut on June 22, 2020, 10:33:42 PM
Discord when?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on June 23, 2020, 02:59:30 AM
Discord when?

I think you should have patience, the official website said that the testnet should be open at the end of June.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AmoreJaz on June 23, 2020, 03:09:12 AM
they may have good vision on this project but how long do you think they can survive in crypto market? lets see what kind of support they will get from the community here once they launched their mainnet. for those small miners, this may be your opportunity to get some coins.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Exadro on June 23, 2020, 03:02:04 PM
when will the game be launched? We are very impatient to see how this project can develop with the plans that have been made


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on June 25, 2020, 07:44:17 AM
The testnet is not open yet? ? ? ? ? ???


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 26, 2020, 07:14:21 AM
Hello, everyone
We have just launched the testnet, and everyone is welcome to participate. If you have any questions, please leave a message at the forum or email us. Thank you all ;D


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on June 26, 2020, 07:55:46 AM
Hello, everyone
We have just launched the testnet, and everyone is welcome to participate. If you have any questions, please leave a message at the forum or email us. Thank you all ;D
Create an address, just run "Miner"?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 26, 2020, 09:30:06 AM
Sorry, we found a serious bug that is being urgently fixed, and the testnet will be restarted later.



Emergency bugs have been fixed.
Reply to related questions:
1 This testnet is only used to test mining logic and other systemic issues, the data will not be synchronized with the mainnet.
2 Since the mining mechanism is innovative, the interpretation of the mining parameters will be explained later.



Also need to explain.
Users who previously tested need to re-download the node wallet and run it again.

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: happybirthday12 on June 26, 2020, 05:08:41 PM
I have mined some coins and found the project interesting. Are there other social media? Or who can create a group?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MineS0755 on June 27, 2020, 03:58:28 PM
Test the COINS, will normal excavation be destroyed?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 29, 2020, 08:10:24 AM
The mining program of the testnet has been optimized and updated. Interested participants can download the latest program to participate in the test. Thank you



Test the COINS, will normal excavation be destroyed?

Yes, coins mined in the testnet will be destroyed in the mainnet.

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on June 30, 2020, 06:49:05 AM
Is the blockchain explorer currently unavailable?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on June 30, 2020, 07:12:09 AM
In the blockchain explorer page, when I click the "block" button, the latest blocks are not refreshed.

In addition, on the block page, there was one newest block missing.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on June 30, 2020, 03:01:57 PM
Is the blockchain explorer currently unavailable?

Sorry to hear that, can you show more details about your problems?



In the blockchain explorer page, when I click the "block" button, the latest blocks are not refreshed.

In addition, on the block page, there was one newest block missing.

Thank you very much for your support, we are fixing related issues.

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: fanbigou on July 02, 2020, 02:59:34 AM
Our rebate dog can participate in the test, rebate dog is a daily active miner 5000 website


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 06, 2020, 10:51:55 AM
Thank you very much for your participation in the testnet.
After nearly a week of testing, a total of 38 independent miner nodes have participated in the test. The current block data is as follows:

1 The testnet stable run for 10 days

2 Generate about 20961 blocks

3 The block parameters are verified to meet the logical expectations

4 We have received emails from 17 independent miners, here we reply to the following related questions:

  4.1 Are the test tokens included in the mainnet?
  The tokens of the testnet are only used for testing and are not included in the mainnet.

  4.2 When does the test end?
  The test will end in about a week or two.

  4.3 When is social media established?
  We will still run in a free and open manner. In principle, we do not actively establish social media channels. All fans are welcome to actively establish social media channels and participate in the communication, thank you very much.

  4.4 What happens when the mining process crashes occasionally?
  After our testing, the mining process occasionally crashed due to insufficient memory. There will be no crashes on mining devices with memory up to 4G.

  4.5 How did a large-scale outage occur in the entire network?
  There was a large-scale interruption of about 30 minutes on the entire testnet, which was caused by the fluctuation of the network where the discovery server of the test network is located. Before the main network goes online, we will deploy multiple discovery servers in different places.

In addition, the testnet will continue to run for about a week or two, and will soon run the mainnet after completion of the test. Everyone is welcome to focus on it.

The description of the block parameters and the logic behind are being collated and will be published as soon as possible.



Our rebate dog can participate in the test, rebate dog is a daily active miner 5000 website

Welcome to participate in the test. Thank you.

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 06, 2020, 04:34:06 PM
Hello when we can expect any Discord or Telegram Account to speak in real time ? Also I would like to have any address to send to other person to check does it works :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on July 07, 2020, 06:53:24 AM
Hello everyone, with the consent of sherlock, I temporarily established a telegram group:
https://t.me/luck_coin_1

Welcome to join, thank you



Hello when we can expect any Discord or Telegram Account to speak in real time ? Also I would like to have any address to send to other person to check does it works :)

Can you transfer some test coins to my address?
0xbfd6e69e70c10b4c40ab690718896bd457ad79924dfc44c154

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 07, 2020, 08:37:01 AM
Why I can not send a transaction in test net I'm getting pop up with "insufficient funds for gas* price+value"  ???



Why I can not send a transaction in test net I'm getting pop up with "insufficient funds for gas* price+value"  ???
ok sorted I was not fully synced will be good if we will have a block height info in wallet instead of only our local node height

[moderator's note: consecutive posts merged]


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on July 08, 2020, 07:27:15 AM
@sherlock
I haved collected a few issues discussed by telegram:
   1 The transaction record of windows wallet can only show the transfer-out record, there is no transfer-in record
   2 The rendering problem of windows wallet: after the view expanded, half of mining window and half of transaction history.
   3 While the windows wallet is synchronizing blocks, the CPU runs 100%.
   4 Is there a bounty after the test is completed.
   5 windows wallet should correctly display current height information.

Welcome to join the telegram: https://t.me/luck_coin_1


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 10, 2020, 03:04:29 AM
After a period of testing, the luck project is stable.
The mining process and important parameters (see block explorer for details) are now explained.

Luck adopts a 2POW mechanism, in which the difficulty goal of the first phase is expressed as DifficultyAlpha. Calculate Luck after the completion of the first phase, Luck value range 1---1e+9, record lmax=1e+9. The calculation formula of the difficulty target in the second phase is as follows
DifficultyBeta=Basis*((lmax/(lmax-Luck))^2).

As the number of participating nodes increases, Basis will decrease sharply. The difficulty target in the second stage is more sensitive to the change of Luck, which is not conducive to alliance mining.

In the block explorer, you can see several new parameters, explained below.

Luck: The luck value of this round of mining
Basis: Basic control parameter of the mining difficulty in the second phase
FirstNonce: Random value of the first phase
DifficultyAlpha: Mining difficulty target value of the first phase
DifficultyBeta: Mining difficulty target value in the second phase
SecondNonce: Random value of the second phase


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 13, 2020, 05:37:01 AM
@sherlock
I haved collected a few issues discussed by telegram:
   1 The transaction record of windows wallet can only show the transfer-out record, there is no transfer-in record
   2 The rendering problem of windows wallet: after the view expanded, half of mining window and half of transaction history.
   3 While the windows wallet is synchronizing blocks, the CPU runs 100%.
   4 Is there a bounty after the test is completed.
   5 windows wallet should correctly display current height information.

Welcome to join the telegram: https://t.me/luck_coin_1

1 this issues of 1&2 will be fixed in the mainnet.
2 while the wallet is synchronizing blocks, the CPU runs 100%, this is just normal.
3 We are considering pre-minig 1% as a later bounty.
4 windows wallet don't display the height??


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 13, 2020, 07:57:53 AM
What we mean is that will be good to have blockheight locally/blockchain height


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 14, 2020, 02:07:30 PM
What we mean is that will be good to have blockheight locally/blockchain height

Thank you, I understand what you mean, we will take your opinion.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 18, 2020, 08:03:42 AM
Hello Sherlock good to see mainnet release date on website any specific time zone?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 20, 2020, 09:24:34 AM
hi all
The testnet has been closed, and the mainnet will be started at 13:00 UK time on July 21.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 21, 2020, 12:05:01 PM
Hi all
The mainnet is being deployed. We will notify you here after all completed within two hours.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 12:07:35 PM
Hi Sherlock when we can expect wallet release ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 21, 2020, 02:41:25 PM
We have uploaded the latest wallet to the official website, and the mainnet has been started. Welcome to participate in mining.
Friends who participated in the testnet need to re-download the wallet to participate, thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on July 21, 2020, 03:03:58 PM
We have uploaded the latest wallet to the official website, and the mainnet has been started. Welcome to participate in mining.
Friends who participated in the testnet need to re-download the wallet to participate, thank you.
Is there a problem with your server? The download speed is 2KB


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 21, 2020, 03:20:00 PM
Yes, there is definitely something wrong with the server, I have 1-2 kB/s download speed even when using wget. I will try to build https://github.com/ethereum/go-ethereum (https://github.com/ethereum/go-ethereum), because this coin is based on that.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 21, 2020, 03:27:51 PM
We have uploaded the latest wallet to the official website, and the mainnet has been started. Welcome to participate in mining.
Friends who participated in the testnet need to re-download the wallet to participate, thank you.
Is there a problem with your server? The download speed is 2KB

Due to the current large traffic, the network is congested. The wallet file exceeds 100M, it cannot be uploaded to github.
If you need wallet, please leave your email and describe whether windows or linux wallet.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gameparadise007 on July 21, 2020, 03:30:42 PM
Hello,

Removed email.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ora9 on July 21, 2020, 03:39:00 PM
 :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 03:41:53 PM
Sorry, considering that sending emails publicly here has the risk of leaking privacy, please delete your email information. We are solving the problem of downloading wallets, please be patient. Also remind everyone not to receive files from strangers, thank you.
Hi, please send me for linux: Edit: removed email


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 03:44:37 PM
windows wallet please cloudcoinenthusiast@protonmail.com


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on July 21, 2020, 03:46:04 PM
Hi, please send me for windows
jslv587@qq.com


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 21, 2020, 03:48:13 PM
Sorry, considering that sending emails publicly here has the risk of leaking privacy, please delete your email information. We are solving the problem of downloading wallets, please be patient. Also remind everyone not to receive files from strangers, thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Barsban on July 21, 2020, 03:49:04 PM
It's not honest launch due to not possible for everyone to download the wallet. Just stop this. Re-launch. Upload wallet to github and start from block 0


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 03:59:46 PM
It's not honest launch due to not possible for everyone to download the wallet. Just stop this. Re-launch. Upload wallet to github and start from block 0


Are You joking mate I was one of first who download the wallet and starts mining think before You say something You are not only one


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Barsban on July 21, 2020, 04:05:11 PM
Are You joking mate I was one of first who download the wallet and starts mining think before You say something You are not only one

And what do you want to say with this? There are other 100-200 people or more who have no way to download. And you and dev mine it for hours? :-) Lol. It's not honest situation, not honest launch.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 04:11:04 PM
Are You joking mate I was one of first who download the wallet and starts mining think before You say something You are not only one

And what do you want to say with this? There are other 100-200 people or more who have no way to download. And only 5 persons with dev mine it for hours? :-) Lol. It's not honest situation, not honest launch.

If each miner will start to download will be ok but some ppl share info on discord already they are setting 200 VPS so be wise mate greedy is not good if they cancel 199 downloads and start only one will be fine ;-)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Barsban on July 21, 2020, 04:15:32 PM
If each miner will start to download will be ok but some ppl share info on discord already they are setting 200 VPS so be wise mate greedy is not good if they cancel 199 downloads and start only one will be fine ;-)

I do not care about who and what say on discord. I live in reality. And reality show us that it's not honest launch, because only you have access to miner at this thread, like you said. And there are a lot of complains from others who can not access to miner and mine. It's NOT honest. Point.

Miner was not shared with community at the appropriated time. There are a lot of ways to share it right. The end of story.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: INRI on July 21, 2020, 04:16:02 PM
FAILED! Chain restart!!!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 04:19:02 PM
Is it possible to somehow convert binary from testnet into binary from mainnet? Judging by file size it is not that much changes and if "upgrade" file will be small, everyone will benefit from that. Also, when running testnet binary, it says "Mainnet not opened yet, please use --lucktest...". I wonder if all that is needed is for example only correcting seed servers or something like that.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 04:20:24 PM
If each miner will start to download will be ok but some ppl share info on discord already they are setting 200 VPS so be wise mate greedy is not good if they cancel 199 downloads and start only one will be fine ;-)

I do not care about who and what say on discord. I live in reality. And reality show us that it's not honest launch, because only you have access to miner at this thread, like you said. And there are a lot of complains from others who can not access to miner and mine. It's NOT honest. Point.

Miner was not shared with community at the appropriated time. There are a lot of ways to share it right. The end of story.

I have same situation many times with other projects and don't cry like You so just download wallet and join network maybe You can start cry to satoshi that You are late ?? Maybe they will reset Bitcoin too?? Be wise and Good Luck


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 04:25:33 PM
When browsing homepage I cannot see any signatures or hashes that can be used to confirm that binary is correctly downloaded. Where I can verify it?

Edit: is my SHA-256 of the file correct for linux binary?
Code:
$ sha256sum luck
267162b50b00538c2d07d255142684dbc0ba2ba6f3d0d23602d9365176d184fe  luck


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gameparadise007 on July 21, 2020, 04:50:33 PM
I was able to download the wallet. Mining works now, I found a block few mins back.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 21, 2020, 05:44:38 PM
I am very sorry for the troubles caused by the problem of downloading the wallet. Your enthusiasm has exceeded our expectations.
Current network is basically sufficient after upgraded.
Later we will put the wallets on other third-party platforms.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 21, 2020, 05:49:25 PM
hey there guys,

i hope its ok and the dev accepts it but i just created a new discord server for Luck.

I guess its a lot better in terms of communication etc.

Feel free to join.


https://discord.gg/TN6XhcD (https://discord.gg/TN6XhcD)


Greetings

Alex


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 21, 2020, 05:52:21 PM
Still waiting for sources, but meanwhile I analyzed binary files a bit and found out that the code comes from https://github.com/luck/go-luck (https://github.com/luck/go-luck), but this repository is probably non-public. Just getting ASCII strings from binary revealed a lot of things, but I need more digging to get something meaningful without having access to the source code.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 21, 2020, 06:03:14 PM
I am very sorry for the troubles caused by the problem of downloading the wallet. Your enthusiasm has exceeded our expectations.
Current network is basically sufficient after upgraded.
Later we will put the wallets on other third-party platforms.

Hi,

Just downloaded Linux wallet from https://lucknet.club/wallets/luck, and started mining.
Wallet synced, so i started mining, BUT, i have mined 3 blocks, and now my balance is 30000------000 (more zeros than i can count basically) I think perhaps your wallet is broken, either that or i somehow hit the "jackpot"

Thoughts?

join the community discord i opened recently.

had the same issue

your node is just not fully synced


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 06:04:12 PM
The smallest unit is 0.000,000,000,000,000,001 and you are getting results in these smallest units. Drop last 18 zeros and you will get the actual number of coins before decimal dot.

Edit:
Quote
your node is just not fully synced
It depends. If "net.peerCount" is nonzero and "fort.syncing" is true, then you will have to wait to get fully synced. Otherwise, if "net.peerCount" is nonzero and "fort.syncing" is false, then you probably have all blocks. You can also compare "fort.blockNumber" with the number of blocks you can see in a block explorer.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: minerja on July 21, 2020, 06:12:04 PM
The smallest unit is 0.000,000,000,000,000,001 and you are getting results in these smallest units. Drop last 18 zeros and you will get the actual number of coins before decimal dot.

Edit:
Quote
your node is just not fully synced
It depends. If "net.peerCount" is nonzero and "fort.syncing" is true, then you will have to wait to get fully synced. Otherwise, if "net.peerCount" is nonzero and "fort.syncing" is false, then you probably have all blocks. You can also compare "fort.blockNumber" with the number of blocks you can see in a block explorer.

So the block reward is only 1 coin?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 06:15:47 PM
Quote
So the block reward is only 1 coin?
It is 1.000,000,000,000,000,000 coins, so one with 18 zeros (if you count in smallest units).


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 21, 2020, 06:16:05 PM
The smallest unit is 0.000,000,000,000,000,001 and you are getting results in these smallest units. Drop last 18 zeros and you will get the actual number of coins before decimal dot.

Edit:
Quote
your node is just not fully synced
It depends. If "net.peerCount" is nonzero and "fort.syncing" is true, then you will have to wait to get fully synced. Otherwise, if "net.peerCount" is nonzero and "fort.syncing" is false, then you probably have all blocks. You can also compare "fort.blockNumber" with the number of blocks you can see in a block explorer.

So the block reward is only 1 coin?


exactly


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: minerja on July 21, 2020, 06:23:09 PM
The smallest unit is 0.000,000,000,000,000,001 and you are getting results in these smallest units. Drop last 18 zeros and you will get the actual number of coins before decimal dot.

Edit:
Quote
your node is just not fully synced
It depends. If "net.peerCount" is nonzero and "fort.syncing" is true, then you will have to wait to get fully synced. Otherwise, if "net.peerCount" is nonzero and "fort.syncing" is false, then you probably have all blocks. You can also compare "fort.blockNumber" with the number of blocks you can see in a block explorer.

So the block reward is only 1 coin?


exactly

What a complete waste of time...why would anyone want to work with any currency with 18 decimal places......




Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 21, 2020, 06:29:38 PM
why not ?

monero has 12 decimal places, so not very far away  ;)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 06:33:07 PM
The wallet on windows and Linux have a fu*&^% big issue make seed nodes to work correctly when I close wallet and reopen it in windows it shows Im at block 0 and its complete ????? cant connect to any peer and also in vps when I restart I see there are two chains already on one almost 500 blocks and on second 300 :-)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 21, 2020, 06:38:52 PM
Quote
a white paper
https://lucknet.club/doc/luck.pdf (https://lucknet.club/doc/luck.pdf)

Quote
or at least a github
https://github.com/luck-coin/ (https://github.com/luck-coin/)
Unfortunately, there is no source code here yet. For now, I will try to dig in binaries and write something on my own, but I hope developers will publish the sources soon.

Quote
algo type
Quote
So far as we know, argon2d is strong defense against GPU/ASIC, which is the most important goal for cryptocurrencies. Argon2d is a password-hashing function, argon2d uses data-dependent memory access which makes it vulnerable to side-channel attacks. We will choose argon2d as the hash function used in mining.

Quote
block reward
Quote
What is the technical parameters of Luckcoin
Block size: 2MB.
Block generation rate: 20 seconds.
Total supply: 32,650,000.
Reward strategy: Decrease by 10% every two years
Initial reward: 1.05Luck/Block (1.00 for miner, 0.05 for developers).
Pre-mining: 1% for bountry.

Quote
and a "proper" wallet....its 2020, who wants a command line
There is the GUI wallet for windows and the console wallet for Linux, maybe in the future there will be some GUI wallet for Linux, too. But this code is mostly based on Ethereum, so probably when source code will be available, I think it will be quite easy to get some Ethereum GUI wallet and modify it a bit to get it working on this coin.

Quote
perhaps then, this coin, MIGHT, just get a following
Maybe, if it will not be dominated by pools. I still think it is possible on this coin, but I really appreciate any work on getting rid of pool pressure.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 21, 2020, 07:00:08 PM
Quote
md5sum: 7db00ea6510131509878d0f50bc62a15
Why not SHA-256 or something stronger? MD5 has collisions and producing two different files giving the same hash is trivial on a typical PC in seconds!

The wallet on windows and Linux have a fu*&^% big issue make seed nodes to work correctly when I close wallet and reopen it in windows it shows Im at block 0 and its complete ????? cant connect to any peer and also in vps when I restart I see there are two chains already on one almost 500 blocks and on second 300 :-)
So they didn't fixed those issues from testnet. Yes, the client should download all blocks first and should not allow mining when there are no connections (unless forced by the user). I can also reproduce issue with 500 vs 300 blocks. My miner has all blocks (now around 550 in the moment of writing), but my client has only 300 blocks and cannot get any connections, too.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 21, 2020, 07:08:37 PM
I did more digging and found that these binaries were probably built in DEBUG mode! So they contain a lot of debugging symbols, so I will try to extract some source code from that. A list of sections sounds promising, there are ".symtab" and a lots of ".zdebug" sections. There are also many github links with all dependencies.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jdmac1 on July 21, 2020, 08:16:09 PM
windows wallet to jdbitmac@protonmail.com


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 08:33:51 PM
Make wallet work proper because I already realize that we have 3 or more chains. Explorer show over 700 blocks I mine on chain with over 600 blocks and PPL have less than 600 what a shit. Better close it now make good seed node and compile wallet to work with that node. also when PPL start to mine and they are not fully synced they create new chain what a misery. Sherlock close that and redo all to work like it should. Instead of making a mess.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gameparadise007 on July 21, 2020, 08:59:41 PM
Make wallet work proper because I already realize that we have 3 or more chains. Explorer show over 700 blocks I mine on chain with over 600 blocks and PPL have less than 600 what a shit. Better close it now make good seed node and compile wallet to work with that node. also when PPL start to mine and they are not fully synced they create new chain what a misery. Sherlock close that and redo all to work like it should. Instead of making a mess.

Strange for me there are two PC and both are in sync with the explorer.
One of my friend is also mining and he is also synced with same as block explorer.
One more thing the block explorer don't refresh and needs to be refreshed manually.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Barsban on July 21, 2020, 09:22:12 PM
Make wallet work proper because I already realize that we have 3 or more chains. Explorer show over 700 blocks I mine on chain with over 600 blocks and PPL have less than 600 what a shit. Better close it now make good seed node and compile wallet to work with that node. also when PPL start to mine and they are not fully synced they create new chain what a misery. Sherlock close that and redo all to work like it should. Instead of making a mess.

I have same situation many times with other projects and don't cry like You so just sync again and join network maybe You can start cry to satoshi that You are late ?? Maybe they will reset Bitcoin too?? Be wise and Good Luck


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 21, 2020, 09:29:44 PM
Now I realize that bug was also on test net I send to one of users here transfer on my side wallet says the transfer is done and he don't receive coins so that means we have been on different chains. Second thing is do not buy and sell if you don't know on what chain you are and paradise I don't see any manual refresh on wiki. Each time I open wallet it sync to different max heigh size so they need to fix that. Make update and add nodes. I don't cry I can come to chain at any time and eat 30% of blocks so don't mind.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: chdsk on July 21, 2020, 10:13:30 PM
everything works well for me


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: CaVO32 on July 21, 2020, 10:36:21 PM
Now I realize that bug was also on test net I send to one of users here transfer on my side wallet says the transfer is done and he don't receive coins so that means we have been on different chains. Second thing is do not buy and sell if you don't know on what chain you are and paradise I don't see any manual refresh on wiki. Each time I open wallet it sync to different max heigh size so they need to fix that. Make update and add nodes. I don't cry I can come to chain at any time and eat 30% of blocks so don't mind.

Do you really think this coin is worth mining and spending your resources with? Checked the website as well as the whitepaper, I don't see a very strong use case for this project that can help in getting attention from the community. The content of the website is very generic, nothing outstanding and unique. So I don't think this will pull it off in the trading market. I have the impression that the lifespan of this project is only short.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 22, 2020, 03:05:24 AM
Hello everyone
For all the questions in the forum or email, I will make a brief summary.
1 Block synchronization problem. Due to our insufficient evaluation of users' enthusiasm for participation, only two seed nodes were deployed, resulting in some users not being able to synchronize the latest blocks. We are now launching the activity of soliciting seed nodes in the forum. Interested users are free to participate, and the following machines need to be provided as seed nodes:
CPU: 2 CORE
RAM: 4 GB
DSIK: 100GB
Network bandwidth: 5MB
Participation is voluntary. We will eventually select 10 seed nodes according to the regional distribution of the network. The selected nodes must provide 7*24 uninterrupted network services (you can't mine in seed nodes). In addition, within one year, we will provide each participating node with a reward of 50 luck/month.
Interested users can send private emails carrying the node infomation and wallet address information as follows:
Node: lnode://xxxxxxx@xxx:xxx (in linux wallet console, you can get your node info by command: admin.nodeInfo)
Address: 0xxxxxxxxxx

2 When to open source code. As we stated in the technical discussion area, the core source code will be fully released after the mainnet has been running for two weeks.

3 As the project is still in the early stage of operation, there may be some uncontrollable risk. Please pay attention to your asset safety.

4 Future planning of the project. Any powerful use case or scenario needs to rely on the underlying operating mechanism. Based on the pursuit of the fairest mining mechanism, the Luck project decentralizes the traditional centralized computing power to achieve true decentralization, so that it is truly not controlled by any third party and cannot be predicted by any third party in advance, the network is decentralized and randomized. We believe that the more decentralized the more fair.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 22, 2020, 04:30:51 AM
It sounds like pool pressure will be even higher than on other coins. People will form pools not for profits, but just for receiving payments and staying connected to the longest chain! It is possible they will form "non-mining pools (aka well-connected network nodes)" first and later it will be possible to start mining using these "pools". If they have a choice between "less profits inside the pool" and "no profits because of being solo disconnected", they will join the pools.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 22, 2020, 05:17:42 AM
Ok I sorted it out If someone have really weak connection the sync will fall and You will have problems. Im good to go


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Daniko7 on July 23, 2020, 12:10:57 AM

https://i.imgur.com/ejK78Dd.jpg (https://newrewardcoins.com/)

*ATTENTION! Many new launched coins contains Viruses and Malwares . Some wallets showing a false malware or virus flag because of the integrated miner. Nevertheless we strongly recommend you to scan the wallets before using it. Use as example https://www.virustotal.com/gui/ (https://www.virustotal.com/gui/) to scan the files for malicious ware*


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 23, 2020, 04:30:59 AM
Hello everyone
For all the questions in the forum or email, I will make a brief summary.
1 Block synchronization problem. Due to our insufficient evaluation of users' enthusiasm for participation, only two seed nodes were deployed, resulting in some users not being able to synchronize the latest blocks. We are now launching the activity of soliciting seed nodes in the forum. Interested users are free to participate, and the following machines need to be provided as seed nodes:
CPU: 2 CORE
RAM: 4 GB
DSIK: 100GB
Network bandwidth: 5MB
Participation is voluntary. We will eventually select 10 seed nodes according to the regional distribution of the network. The selected nodes must provide 7*24 uninterrupted network services (you can't mine in seed nodes). In addition, within one year, we will provide each participating node with a reward of 50 luck/month.
Interested users can send private emails carrying the node infomation and wallet address information as follows:
Node: lnode://xxxxxxx@xxx:xxx (in linux wallet console, you can get your node info by command: admin.nodeInfo)
Address: 0xxxxxxxxxx

2 When to open source code. As we stated in the technical discussion area, the core source code will be fully released after the mainnet has been running for two weeks.

3 As the project is still in the early stage of operation, there may be some uncontrollable risk. Please pay attention to your asset safety.

4 Future planning of the project. Any powerful use case or scenario needs to rely on the underlying operating mechanism. Based on the pursuit of the fairest mining mechanism, the Luck project decentralizes the traditional centralized computing power to achieve true decentralization, so that it is truly not controlled by any third party and cannot be predicted by any third party in advance, the network is decentralized and randomized. We believe that the more decentralized the more fair.


hey there dev,

our small Luck Community discord is steady growing.

We would highly appreciate it if you can join us  :)

https://discord.gg/TN6XhcD

greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 23, 2020, 12:31:54 PM
Hi Sherlock can You please add more threads/cores option in windows wallet at next update ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 23, 2020, 02:55:22 PM
Since the source code is not yet opened, here is a brief description of the mining algorithm of the Luck project.
Mining parameters:
    alpha -> The mining difficulty parameter of the first phase, that is, hash(first header, first nonce) <alpha
    luck -> After the first phase is completed, luck = f(header, first nonce)
    basis -> Difficulty base of the second phase of mining.
    beta -> The mining difficulty parameter of the second phase, that is, hash(second header, second nonce) <beta, where beta = basis * (maxluck / (maxluck-luck)) ^ 2.

The algorithm of the mining process as:
1. alpha, basis = pre_compute (difficulty adjustment strategy, the current block generation is too fast, reduce alpha and basis; the current block generation is too slow, increase alpha and basis. When the difficulty of the first phase is too large, reduce the basis; when the second phase is too difficult, increase the basis)

2. Find a suitable firstNonce such that hash(first header, firstNonce) <alpha

3. Calculate the luck value by luck = f(header, firstNonce)

4. Calculate the difficulty parameter of the second phase beta = basis * (maxluck / (maxluck-luck)) ^ 2

5. Find a suitable secondNonce such that hash(second header, secondNonce) <beta.

6. Pack the parameters into the block to complete the mining

From the above process, it can be seen that as the luck value increases in the second phase, the difficulty of mining in the second phase will decrease sharply. For example, when multiple nodes cooperate in mining, the luck value is more likely to be a medium luck value; when they do not cooperate, the luck value of the highest luck value will be significantly greater than the middle luck value during cooperation, so the difficulty of the node with the highest luck value in the second phase will be drastically reduced.

Another note: Since each mining process is divided into two phases and and cannot be executed in parallel, there is no way to start multi-threaded mining in one mining program. For multi-core machines, you can increase the CPU utilization by enabling multiple mining programs.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 23, 2020, 03:04:55 PM

hey there dev,

our small Luck Community discord is steady growing.

We would highly appreciate it if you can join us  :)

https://discord.gg/TN6XhcD

greetings

I watched your community, good job.
We still have a lot of things to do for now, so we won't join in for now. Thank you very much for your maintenance.

In order to thank you for your dedication and support, we decided to send you 5 Luck as motivation. You can provide your wallet address, thanks again.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on July 23, 2020, 07:54:30 PM
hey there,

really appreciate it, sent you a PM.

thanks a lot

greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on July 25, 2020, 02:13:06 AM
I think i am so late.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 25, 2020, 10:17:14 AM
Does luck directly depend on number of nodes in the network? If so, then it is more profitable to create more nodes than to have more proof of work! So, in this way those who can allocate a lot of IP addresses and attach a lot of mining nodes has more chances to win a block! If that is the case, then pool pressure can become high, because usually servers and ISP's has many more connections than a typical, client-only user. Sooner or later all such users will have to join some server, just to increase their luck.

Quote
I think i am so late.
I don't think so. It seems that new projects have a lot of hashrate at the beginning and later it drops when users are selling those coins for Bitcoins. So if you want to have many coins, it may be profitable to start later, when difficulty will be lower and price will drop. Of course I may be wrong, but I saw such things on many other altcoins and here it seems to follow the same path.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 26, 2020, 01:39:03 PM
Hello, everyone
After several days of operation, the Luck core is stable, and the block parameters meet the expected goals.
In addition, we will make an optimization upgrade to the Luck core next week, which will not have any impact on the current chain data, and the specific upgrade time will be announced on the official website in advance.
Thank you for your attention.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sikkan666 on July 26, 2020, 05:53:17 PM
Hi, how can I check current diff? and also, is it possible to start more luck.exe instances to utilize CPUs with 8 core/16 threads? I have tried different ways (in windows) but no luck. It will not use more than 25% of my CPU no matter how many instances I fire up. Ofcourse I have set different wallet address per instance.

cool project anyway!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sammyisking123 on July 26, 2020, 07:53:19 PM
I have recently started mining this coin. How can we check the coin balance on explorer. There is no option to check the balance on explorer.
I want to confirm if my mined coins are legitimate and I am not mining on any wrong chain.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sgaragagghu on July 26, 2020, 09:31:35 PM
This coin is very interesting, I created a Telegram group to talk about it: https://t.me/luck_cryptocurrency
Sherlock, maybe you can add it in first page together with the discord server link.
Nice job anyway!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on July 27, 2020, 02:32:08 AM
Quote
I think i am so late.
I don't think so. It seems that new projects have a lot of hashrate at the beginning and later it drops when users are selling those coins for Bitcoins. So if you want to have many coins, it may be profitable to start later, when difficulty will be lower and price will drop. Of course I may be wrong, but I saw such things on many other altcoins and here it seems to follow the same path.

Yes, it is never too late to join, I mined 37 coins in one day.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on July 27, 2020, 01:52:48 PM
Quote
The selected nodes must provide 7*24 uninterrupted network services (you can't mine in seed nodes).
Quote
At present, the token has the characteristics of anonymity and untraceability
1. If you can find out which nodes are mining and which are not, then you can trace miners and shut them down (or maybe not you, but some ISP's or government in the future will be able to do this).
2. If you cannot find out which nodes are mining, then how do you know that seed nodes are not mining?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 28, 2020, 03:54:46 PM
Quote
The selected nodes must provide 7*24 uninterrupted network services (you can't mine in seed nodes).
Quote
At present, the token has the characteristics of anonymity and untraceability
1. If you can find out which nodes are mining and which are not, then you can trace miners and shut them down (or maybe not you, but some ISP's or government in the future will be able to do this).
2. If you cannot find out which nodes are mining, then how do you know that seed nodes are not mining?

Sorry you misunderstood
1 We cannot distinguish which nodes are mining. We require seed nodes not to participate in mining, this is to ensure the stability of the service.
Of course, the government or ISP can shut down our services, as well as all other services, if necessary.
2 Of course, if the seed node is mining, we will add other seed nodes once it cannot provide stable services.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 28, 2020, 03:57:06 PM
This coin is very interesting, I created a Telegram group to talk about it: https://t.me/luck_cryptocurrency
Sherlock, maybe you can add it in first page together with the discord server link.
Nice job anyway!

ok, i will add the links as well as the discard links to the first page.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 28, 2020, 04:13:29 PM
Hello everyone
We will release a new version at 10:00 UK on July 30. The contents are as follows:
1 Display the balance of any address in the explorer.
2 Make an optimization for the paging function in the explorer.
3 Click the transaction ID in the explorer to display the transaction details.
4 Click the number of transactions in the block in the explorer to display the list of transactions in this block
5 Display the status of network connection in the windows wallet
6 Optimizes the calculation of Difficulty of luck core to better resist selfish mining attacks

It should be noted that this release will be completed within two hours. Please do not send transactions during the release period. Download the new node wallet to participate in mining within two days after the release is completed.
Also, keep your keystore properly before updating the new version.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Galapagos on July 29, 2020, 05:49:38 AM
Hi, very interesting project you have here!!
Will it be 10am or 10pm?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 29, 2020, 04:32:06 PM
Hi, very interesting project you have here!!
Will it be 10am or 10pm?

it will be 10am at UK time.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 30, 2020, 09:06:03 AM
New version have been released.
Before upgrading, you must backup your keystore carefully.
Make sure to complete the update within two days (before the block height 39200).

Be sure to save your keystore


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on July 31, 2020, 03:54:58 AM
Since the source code is not yet opened, here is a brief description of the mining algorithm of the Luck project.
Mining parameters:
    alpha -> The mining difficulty parameter of the first phase, that is, hash(first header, first nonce) <alpha
    luck -> After the first phase is completed, luck = f(header, first nonce)
    basis -> Difficulty base of the second phase of mining.
    beta -> The mining difficulty parameter of the second phase, that is, hash(second header, second nonce) <beta, where beta = basis * (maxluck / (maxluck-luck)) ^ 2.

The algorithm of the mining process as:
1. alpha, basis = pre_compute (difficulty adjustment strategy, the current block generation is too fast, reduce alpha and basis; the current block generation is too slow, increase alpha and basis. When the difficulty of the first phase is too large, reduce the basis; when the second phase is too difficult, increase the basis)

2. Find a suitable firstNonce such that hash(first header, firstNonce) <alpha

3. Calculate the luck value by luck = f(header, firstNonce)

4. Calculate the difficulty parameter of the second phase beta = basis * (maxluck / (maxluck-luck)) ^ 2

5. Find a suitable secondNonce such that hash(second header, secondNonce) <beta.

6. Pack the parameters into the block to complete the mining

From the above process, it can be seen that as the luck value increases in the second phase, the difficulty of mining in the second phase will decrease sharply. For example, when multiple nodes cooperate in mining, the luck value is more likely to be a medium luck value; when they do not cooperate, the luck value of the highest luck value will be significantly greater than the middle luck value during cooperation, so the difficulty of the node with the highest luck value in the second phase will be drastically reduced.

Another note: Since each mining process is divided into two phases and and cannot be executed in parallel, there is no way to start multi-threaded mining in one mining program. For multi-core machines, you can increase the CPU utilization by enabling multiple mining programs.


hi dev,
can you show what is maxluck?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 31, 2020, 05:26:19 AM
Quote
can you show what is maxluck?
I guess that "maxluck" is the maximum luck value for all mining nodes in the whole network. It means that instead single, simple proof of work, everyone is calculating some luck and the max value is broadcasted to the network. So: the more nodes you have, the more chances are that you will hit "maxluck". And the more luck you have, the more chances you have to hit the next block.

To sum it up: in proof of work you are calculating the lowest block hash meeting the target and then you can broadcast it when you find it. In luck, you are calculating the highest luck value and then you broadcast it. So there is really not a big difference between mining blocks using proof of work and mining it using luck. Shares in proof of work are basically the same as luck here. You can create some pool and encourage people to find the highest luck and pay them accordingly to their luck. Later, you can just choose the highest luck and encourage everyone to mine on it, because there are the highest chances of finding a block. And since there are many miners trying to mine on the same luck, it will probably be found faster than every solo miner, because you have "difficulty*numberOfMiners" instead of "difficulty*1", so it is "numberOfMiners" times easier to mine a block.

I hope I am wrong, but it seems that creating pools will still be possible here and they will be profitable.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Ngenah Euy on July 31, 2020, 05:47:46 AM
fake ann : https://bitcointalk.org/index.php?topic=5265758.0


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on July 31, 2020, 06:54:36 AM
fake ann : https://bitcointalk.org/index.php?topic=5265758.0

In just a few days, there have been fakes, which is terrible.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on July 31, 2020, 07:35:38 AM
Quote
can you show what is maxluck?
I guess that "maxluck" is the maximum luck value for all mining nodes in the whole network. It means that instead single, simple proof of work, everyone is calculating some luck and the max value is broadcasted to the network. So: the more nodes you have, the more chances are that you will hit "maxluck". And the more luck you have, the more chances you have to hit the next block.

To sum it up: in proof of work you are calculating the lowest block hash meeting the target and then you can broadcast it when you find it. In luck, you are calculating the highest luck value and then you broadcast it. So there is really not a big difference between mining blocks using proof of work and mining it using luck. Shares in proof of work are basically the same as luck here. You can create some pool and encourage people to find the highest luck and pay them accordingly to their luck. Later, you can just choose the highest luck and encourage everyone to mine on it, because there are the highest chances of finding a block. And since there are many miners trying to mine on the same luck, it will probably be found faster than every solo miner, because you have "difficulty*numberOfMiners" instead of "difficulty*1", so it is "numberOfMiners" times easier to mine a block.

I hope I am wrong, but it seems that creating pools will still be possible here and they will be profitable.

In a distributed environment, maxluck is a global variable, I think it is impossible to determine it.
I think maxluck should be a definite boundary value. I just want to ask, how big is maxluck set by dev?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 31, 2020, 09:12:05 AM
Quote
In a distributed environment, maxluck is a global variable, I think it is impossible to determine it.
I think maxluck should be a definite boundary value. I just want to ask, how big is maxluck set by dev?
I do not think that maxluck is "set by dev". I think that each miner calculates luck in the first phase and then, when this first phase in finished, the max luck value is just the highest luck value produced by all miners in the network. And then, each miner uses this maxluck from the first phase to mine block in the second phase. If maxluck would be a global variable "set by dev", then participating in the first phase would have no sense, because then it would be possible to just skip this first phase and start from the second.

Also, when the first phase is finished, the luck value cannot be changed anymore in the second phase. Because if it would be possible, someone could calculate luck higher than maxluck. And then, it may be profitable to calculate higher and higher luck, getting easier and easier difficulty. And then it would be almost the same as calculating single proof of work, but instead of hitting the lowest block hash, people would try to hit the highest luck all the time, even without calculating the second phase at all! By bringing luck to enormously high values, they would get a situation when any block produced in the second phase would be valid!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on July 31, 2020, 01:24:41 PM
Quote
In a distributed environment, maxluck is a global variable, I think it is impossible to determine it.
I think maxluck should be a definite boundary value. I just want to ask, how big is maxluck set by dev?
I do not think that maxluck is "set by dev". I think that each miner calculates luck in the first phase and then, when this first phase in finished, the max luck value is just the highest luck value produced by all miners in the network. And then, each miner uses this maxluck from the first phase to mine block in the second phase. If maxluck would be a global variable "set by dev", then participating in the first phase would have no sense, because then it would be possible to just skip this first phase and start from the second.

Also, when the first phase is finished, the luck value cannot be changed anymore in the second phase. Because if it would be possible, someone could calculate luck higher than maxluck. And then, it may be profitable to calculate higher and higher luck, getting easier and easier difficulty. And then it would be almost the same as calculating single proof of work, but instead of hitting the lowest block hash, people would try to hit the highest luck all the time, even without calculating the second phase at all! By bringing luck to enormously high values, they would get a situation when any block produced in the second phase would be valid!

maxluck is set to 200000000(0xbebc200), luck is uniformly distributed in [0, maxluck].
The greater the luck value, the less difficult the second phase. As the luck value increases, the speed at which the difficulty of the second phase becomes smaller will be more obvious.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on July 31, 2020, 05:46:05 PM
Quote
can you show what is maxluck?
I guess that "maxluck" is the maximum luck value for all mining nodes in the whole network. It means that instead single, simple proof of work, everyone is calculating some luck and the max value is broadcasted to the network. So: the more nodes you have, the more chances are that you will hit "maxluck". And the more luck you have, the more chances you have to hit the next block.

To sum it up: in proof of work you are calculating the lowest block hash meeting the target and then you can broadcast it when you find it. In luck, you are calculating the highest luck value and then you broadcast it. So there is really not a big difference between mining blocks using proof of work and mining it using luck. Shares in proof of work are basically the same as luck here. You can create some pool and encourage people to find the highest luck and pay them accordingly to their luck. Later, you can just choose the highest luck and encourage everyone to mine on it, because there are the highest chances of finding a block. And since there are many miners trying to mine on the same luck, it will probably be found faster than every solo miner, because you have "difficulty*numberOfMiners" instead of "difficulty*1", so it is "numberOfMiners" times easier to mine a block.

I hope I am wrong, but it seems that creating pools will still be possible here and they will be profitable.

Of course You know that pools works on one mining address and one node and as for now from what I read and know mining with 10 miners on same address is worthless of course You can assign to each miner different node on different IP but You need minimum 2 cores, 4GB Ram so check price for that setting and make it x100 miners for example. Im paying 20$ for that kind of server so 2000$ monthly and if coin will be valuable miners will come and come so I don't think that is profitable for the pool owner. Even if You set 100 miners on different IP mining on same address still poor results. Results can be only when You set them on different nodes, IP and addresses Cheers


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on July 31, 2020, 08:55:00 PM
Quote
Of course You know that pools works on one mining address and one node
Yes, but it can be one mining address and one node with the highest luck selected during the first phase. And it can be shared with everyone else. And then you will have a choice: mining using your solo luck or mining using pool's luck (which will be probably higher, because for example pool will always choose the highest luck provided by all connected miners).

Quote
of course You can assign to each miner different node on different IP but You need minimum 2 cores, 4GB Ram so check price for that setting and make it x100 miners for example
Why multiplying it by 100 is necessary? Pool operators do not have to mine everything by themselves. All they have to do is validating shares received from miners and for validation you do not have to multiply everything by 100. Minimal requirements for validation would be almost the same as for seed nodes.

By the way, I can see higher and higher pool pressure in my own case. For example at the beginning I mined something around 20 coins per day. Now I am mining something around one coin per day. Sooner or later, when more people will come, it will become one coin per week, per month and then maybe even per year. And then me and other people will sooner or later create or join pools, because it will be more profitable to get some coins regularly than nothing.

Also, pools do not have to be centralized. Maybe something like P2pool will be possible on this coin, for example when each miner will add its own address into shared coinbase. It could also be based on smart contracts, something like "if you provide some header having luck higher than target, you can get some coins from this address".


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sgaragagghu on July 31, 2020, 10:53:57 PM
This coin is very interesting, I created a Telegram group to talk about it: https://t.me/luck_cryptocurrency
Sherlock, maybe you can add it in first page together with the discord server link.
Nice job anyway!

ok, i will add the links as well as the discard links to the first page.
Thank you!
But you have forgot to add telegram, and you misspelled Discord as Discard.
Good job!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 01, 2020, 12:38:04 PM
Quote
Of course You know that pools works on one mining address and one node
Yes, but it can be one mining address and one node with the highest luck selected during the first phase. And it can be shared with everyone else. And then you will have a choice: mining using your solo luck or mining using pool's luck (which will be probably higher, because for example pool will always choose the highest luck provided by all connected miners).

Quote
of course You can assign to each miner different node on different IP but You need minimum 2 cores, 4GB Ram so check price for that setting and make it x100 miners for example
Why multiplying it by 100 is necessary? Pool operators do not have to mine everything by themselves. All they have to do is validating shares received from miners and for validation you do not have to multiply everything by 100. Minimal requirements for validation would be almost the same as for seed nodes.

By the way, I can see higher and higher pool pressure in my own case. For example at the beginning I mined something around 20 coins per day. Now I am mining something around one coin per day. Sooner or later, when more people will come, it will become one coin per week, per month and then maybe even per year. And then me and other people will sooner or later create or join pools, because it will be more profitable to get some coins regularly than nothing.

Also, pools do not have to be centralized. Maybe something like P2pool will be possible on this coin, for example when each miner will add its own address into shared coinbase. It could also be based on smart contracts, something like "if you provide some header having luck higher than target, you can get some coins from this address".
This will not work mate even with shares. If you will be using one node on pool and nodes on network will be 2 you have a chance 1/2 that pool will find block even if you will have 1000 miners on pool. Did you read all about luck and read old thread?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 01, 2020, 12:49:53 PM
Also connecting to pool means you connect to their node and once again if pool use one node it is worthless even if will use 1000 nodes and total nodes in network will be 2000 you have 50% chances but there is 2 PoW mining and luck take a part with it. I'm using 4x Vps and one node mined in first day round 70 coins and the worst one 2 do you see difference. Luck mean luck so you are sure that pool node or nodes will have more luck than other solo miners?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 02, 2020, 03:19:43 PM
Quote
Of course You know that pools works on one mining address and one node
Yes, but it can be one mining address and one node with the highest luck selected during the first phase. And it can be shared with everyone else. And then you will have a choice: mining using your solo luck or mining using pool's luck (which will be probably higher, because for example pool will always choose the highest luck provided by all connected miners).

Quote
of course You can assign to each miner different node on different IP but You need minimum 2 cores, 4GB Ram so check price for that setting and make it x100 miners for example
Why multiplying it by 100 is necessary? Pool operators do not have to mine everything by themselves. All they have to do is validating shares received from miners and for validation you do not have to multiply everything by 100. Minimal requirements for validation would be almost the same as for seed nodes.

By the way, I can see higher and higher pool pressure in my own case. For example at the beginning I mined something around 20 coins per day. Now I am mining something around one coin per day. Sooner or later, when more people will come, it will become one coin per week, per month and then maybe even per year. And then me and other people will sooner or later create or join pools, because it will be more profitable to get some coins regularly than nothing.

Also, pools do not have to be centralized. Maybe something like P2pool will be possible on this coin, for example when each miner will add its own address into shared coinbase. It could also be based on smart contracts, something like "if you provide some header having luck higher than target, you can get some coins from this address".

Joining the pool is not profitable for administrators, or the expected profit for miners will be lower. As long as the implementation of 2POW is correct, I think there will be no mining pools.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Slkp on August 03, 2020, 07:10:25 PM
What is the system of coin distribution? Mining gives only a number of "coins". No transaction history at all. Seems like adding a number in mining wallet balance.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on August 04, 2020, 09:41:07 AM
What is the system of coin distribution? Mining gives only a number of "coins". No transaction history at all. Seems like adding a number in mining wallet balance.

You can view all transaction history on the block explorer http://47.74.55.77/explorer/index.html.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Slkp on August 04, 2020, 03:23:56 PM
What is the system of coin distribution? Mining gives only a number of "coins". No transaction history at all. Seems like adding a number in mining wallet balance.

You can view all transaction history on the block explorer http://47.74.55.77/explorer/index.html.
It doesn't work properly.You can check it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 05, 2020, 06:58:27 AM
It does work the same way as in Ethereum. It is "account-based", not "output-based". In Bitcoin, when you have two different outputs assigned to the same address, you have two separate coins and you can use them in two different transactions. In Ethereum (and Luck) you have just one address and one coin in such case. All outputs going to the same address are automatically merged, that is the way this coin works. And if you want to get transaction history, you have to look at previous blocks and get previous transactions with previous amounts. But all of them contains already spent coins, so they are not displayed on this page.

But when you click on sender or receiver address instead of transaction id, you can also view all such transactions.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 05, 2020, 08:28:44 AM
Hello everyone
We have opened the luck core at https://github.com/luck-coin/go-luck, the core logic of 2POW can be found in consensus->tppow->tppow.go, and friends who are interested are welcome to suggest optimization opinions on 2POW, thank you.

In addition, we analyzed the latest block data. The luck of the latest blocks fluctuates around 0xbc00000, and luck is uniformly distributed in [0x0, 0xbebc200], we estimate that the number of possible independent nodes is between 200-400 (currently we are unable to give an accurate prediction model). As the number of independent nodes increases, the influence of luck on the probability of winning will also greatly increase. Increasing in luck can only be achieved by deploying more nodes, which is obviously more fair.



Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 05, 2020, 08:35:37 AM
The development of light windows wallet and android wallet is underway, and will be open soon


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on August 06, 2020, 01:42:12 AM
Will there be a separate mining software


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 06, 2020, 08:11:20 AM
Anybody who owns 0x104be85b... can you share how many machines have you deployed? Hundreds of new connections have been detected on the seed nodes. If necessary, you can deploy some seed nodes separately.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptobtcnut on August 06, 2020, 08:31:39 AM
Sherlock.Holmes: what is the difference between nodekey file and keys in keystore folder?

Also can we mine using the same public key on multiple machines?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 06, 2020, 08:43:39 AM
Sherlock.Holmes: what is the difference between nodekey file and keys in keystore folder?

Also can we mine using the same public key on multiple machines?

nodekey is the node ID, which represents a locally running instance.

keystore is your wallet file and must be stored properly, preferably offline.

The same address can be set on different machines, which does not affect the mining probability. We have previously imagined setting different addresses on different machines, but in a decentralized environment, this setting is meaningless.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 06, 2020, 08:48:57 AM
Will there be a separate mining software

sorry, we have no plans to develop new mining software in the near future. If necessary, we will consider it in the future.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 06, 2020, 01:24:45 PM
Quote
Increasing in luck can only be achieved by deploying more nodes, which is obviously more fair.
Why? What about one client trying to calculate higher and higher luck all the time? How you can distinguish one node trying different luck all the time from many nodes trying many luck values?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 07, 2020, 03:15:00 AM
Quote
Increasing in luck can only be achieved by deploying more nodes, which is obviously more fair.
Why? What about one client trying to calculate higher and higher luck all the time? How you can distinguish one node trying different luck all the time from many nodes trying many luck values?

Because calculating luck requires computing power, computing luck is also expensive, a single node cannot try many luck values.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 07, 2020, 05:51:48 AM
Quote
Because calculating luck requires computing power, computing luck is also expensive, a single node cannot try many luck values.
Saying that it "requires computing power" is the same as saying that calculating difficulty "requires computing power". Pools can just create some math formula like "totalEffort=constA*luckValue+constB*difficultyValue". Maybe for luck this "constA" will be higher than "constB" for difficulty, and also difficulty depends on luck, but after all everything comes to overall effort of mining a block that can be somehow calculated. And mined block that does not meet network difficulty, but meets 10 or 100 times easier difficulty is called "share".

To mine such "shares" there is no need to stop typical, honest mining. These shares could be merge-mined and sent somehow between pool nodes. And even if mining reward cannot be distributed from coinbase, it could as well be shared in a normal transaction. There is nothing that can stop miners from mining both luck and some "luck-based sidechain with lower difficulty" containing shares for some pool. And finally some of these shares will be below network target and will be treated as any normal block, paying everyone its reward.

In this way instead of one person getting one coin per day, it could be 100 people getting 0.01 coin (or maybe 0.0099 assuming pool fees around 1%) every ~15 minutes, if they have similar computing power. And even if there are more and less powerful miners, such rewards could be set accordingly to the number of shares. Because now luck is also based on "winner-takes-all" model instead of "everyone-gets-something-every-block" model, so there still will be some pressure to be "the winner" as often as possible. In other coins, pools are such winners when there are many miners and winning a block is more and more difficult and takes more and more time.

Of course, in a long time perspective it is more profitable to solo mine, because of mining pool fees, but such fees is nothing more than paying for getting something faster. And as there always will be some people in hurry, there always will be some need to pay someone for getting some coins faster than usual. And that is why some pools will be created sooner or later.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 07, 2020, 04:10:34 PM
@somebody who owns 0x104be85bfd4b0151d61a647bfb1d24d9ee57a19e2683cd7fb0.

We have detected that you deployed a large number of machines.
Our project is still in the early stage and it is not recommended to engage in an arms race.
If you see this message, you can stop some machines appropriately. thank you very much.

If you have other comments, you can leave a message here, or send emails to us.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: miner2251 on August 07, 2020, 06:14:03 PM
Quote
We have detected that you deployed a large number of machines.
Maybe it is not "a large number of machines", but something like "luck boost" in similar way that "ASIC boost" works (no, I do not have access to this address, I am just guessing). And also it is possible that calculating some luck once and then checking all blocks matching some difficulty is not the most efficient way of mining. Maybe it is tweaked somehow to mine more luck and check less blocks in the second stage. Playing with some parameters may give similar results as in POW, it is just a matter of balancing these two phases to get the best results.

Also, this is not the only one coin using argon2d algorithm. Maybe some merged-mining is also actively used here.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 07, 2020, 07:46:49 PM
Quote
We have detected that you deployed a large number of machines.
Maybe it is not "a large number of machines", but something like "luck boost" in similar way that "ASIC boost" works (no, I do not have access to this address, I am just guessing). And also it is possible that calculating some luck once and then checking all blocks matching some difficulty is not the most efficient way of mining. Maybe it is tweaked somehow to mine more luck and check less blocks in the second stage. Playing with some parameters may give similar results as in POW, it is just a matter of balancing these two phases to get the best results.

Also, this is not the only one coin using argon2d algorithm. Maybe some merged-mining is also actively used here.

At present, it is due to the large number of machines. The number of connections has been significantly reduced, and the block generation speed of 104 has also been significantly reduced.

"luck boost" maybe impossible.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sgaragagghu on August 08, 2020, 05:51:59 PM
Hi Sherlock,
I'm trying to build from source but there isn't any guide.
I already have Go installed.
I've tried go build but it doesn't work.
Should it just be go build?
Thanks!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on August 09, 2020, 01:25:27 AM
This may be my friend, he has 200 units
@somebody who owns 0x104be85bfd4b0151d61a647bfb1d24d9ee57a19e2683cd7fb0.

We have detected that you deployed a large number of machines.
Our project is still in the early stage and it is not recommended to engage in an arms race.
If you see this message, you can stop some machines appropriately. thank you very much.

If you have other comments, you can leave a message here, or send emails to us.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 09, 2020, 07:16:04 PM
Hello Sherlock do You have any plans for exchanges many ppl asking about it also at discord many successful trades.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 10, 2020, 01:57:18 AM
Hi Sherlock,
I'm trying to build from source but there isn't any guide.
I already have Go installed.
I've tried go build but it doesn't work.
Should it just be go build?
Thanks!

We have now opened the core algorithm module. The entire project is being sorted and archived, and the project building modules will be opened after finishing all sorting, it is estimated that in these two weeks.
In addition, we will also open the android wallet in these two weeks.
Please be patient, thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 10, 2020, 02:01:50 AM
This may be my friend, he has 200 units
@somebody who owns 0x104be85bfd4b0151d61a647bfb1d24d9ee57a19e2683cd7fb0.

We have detected that you deployed a large number of machines.
Our project is still in the early stage and it is not recommended to engage in an arms race.
If you see this message, you can stop some machines appropriately. thank you very much.

If you have other comments, you can leave a message here, or send emails to us.

Thanks to your friend, as our nodes are gradually increasing, your friend can deploy nodes at a normal speed.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 10, 2020, 02:18:39 AM
Hello Sherlock do You have any plans for exchanges many ppl asking about it also at discord many successful trades.

The project has only been launched for a short time, and the number of tokens mined is very limited, the stability and reliability of the project still needs time to verify. In the near future, we have no specific plan to list it on any exchanges. However, we still welcome high-quality exchanges to help us promote the project. If you are an exchange, you can also list it on your exchange freely.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on August 11, 2020, 06:16:57 AM
This may be my friend, he has 200 units
@somebody who owns 0x104be85bfd4b0151d61a647bfb1d24d9ee57a19e2683cd7fb0.

We have detected that you deployed a large number of machines.
Our project is still in the early stage and it is not recommended to engage in an arms race.
If you see this message, you can stop some machines appropriately. thank you very much.

If you have other comments, you can leave a message here, or send emails to us.

Thanks to your friend, as our nodes are gradually increasing, your friend can deploy nodes at a normal speed.

0x104... It should be a proof of pools resistance.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 12, 2020, 08:16:58 AM
There have been some fake anns recently, please don’t trust the wallet link inside.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 12, 2020, 08:25:24 AM
you're right
Under the traditional proof-of-work mechanism, for example, there are two groups of miners. The first group has only one node, and the second group consists of 9 nodes forming a small mining pool. the probability of the first group winning is 1/(2^ 9)=1/512.
Under the 2POW mechanism, for the same two groups of miners, the probability of the first group winning is 1/10.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: angrybirds.allen on August 12, 2020, 12:13:22 PM
There have been some fake anns recently, please don’t trust the wallet link inside.

I recently found a lot of similar fake ann, I obviously know the file in it is malicious, but I am curious what it is.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on August 13, 2020, 02:22:23 AM
I want to know how to use multi-core mining on a single machine. I set miner.start(2) or miner.start(4), which has no effect.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 13, 2020, 02:46:28 PM
hello all
For the questions that you have paid more attention to recently, I will answer briefly

1 How to start multi-core mining on a single machine?
Considering that a single node is mining at a medium luck value, more power consumption is wasted. For machines with multiple cores and large memory, we recommend that you start multiple nodes, and each node runs the mining program independently, which is equivalent to the way that each independent program occupies one core. The method of starting multiple nodes on a single machine is as follows:
Linux: Specify different ports and different data directories when starting the process luck --port=<PORT_X> --datadir=<DATADIR_X>. Note that to start multiple processes on a single machine, make sure to specify different ports and different data directories.
Windows: After decompressing the wallet file, you will see the luck/luck.exe file, which is a binary command-line program whose operation is the same as that of the Linux system and requires you to operate in the command-line mode. For example, you enter luck.exe --datadir=<DATADIR_1> --port=<PORT_1> in a command line terminal, and then open another terminal and enter luck.exe attach <DATADIR_1>/luck.ipc. For specific commands, please refer to https://github.com/luck-coin/luckcoin/blob/master/wiki/luck_linux.md.

2 How to optimize the mining network to increase the winning rate?
Since all mining nodes are now connected to the seed nodes, all messages are transfered through the seed nodes. With the gradual increase of network nodes, the transfer efficiency of seed nodes will continue to decline, which will affect the stable operation of mining nodes, especially for miners with multiple nodes. For miners with multiple nodes, it is recommended to deploy a transit node to connect to the seed nodes. The internal nodes directly interact with the transit node. If these nodes are on an intranet, this will greatly increase the message forwarding speed.
Start the wallet node directly, and connect directly to the seed nodes by default. If you want the node to connect to your own transit node by default, you need to specify in the command line parameter --bootnodes=lnode://<NODE_1>@<IP_1>:<PORT_1>, where NODE_1 is your transit node ID, you need to use admin.nodeInfo to view it on the transit node. IP_1 is the IP of your transit node. If it is on the internal network, it is recommended to use the internal network IP. PORT_1 is the port of the transit node, which is 30009 by default. In the Linux system, you only need to add the command line parameter. Under windows system, you need to start your wallet node in command line terminal mode to specify the --bootnodes parameter. In order to confirm that you are indeed connected to your transit node, you can check the connection through the command admin.peers.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sikkan666 on August 13, 2020, 05:45:33 PM
Is it posible to ellaborate mining in windows with several instances?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gigabyted on August 13, 2020, 09:06:03 PM
Hi Sherklock,

  I've noticed that when you look at explorer or mine a block there's no transaction, block have none, like this one:

{
  basis: "0x6d404275e3492d614c49cc50798c75c8fab144dbefb",
  difficulty: 11331153760054,
  difficultyAlpha: "0x2ddb3df951149918e31abc1246cea760129b4193e0239e",
  difficultyBeta: "0x1dbb9c57b56b45833f52e8e36f7e9906faa96e3361455",
  extraData: "0xd98301090d846c75636b89676f312e31332e3130856c696e7578",
  firstNonce: "0x6c214a00792f0ee7",
  gasLimit: 8000000,
  gasUsed: 0,
  hash: "0x81054c27c9218b7a4a9c7ec9c08eecbc10e01080849a983448361109f272cc1a",
  logsBloom: "0x00000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000000000000000000000000000000000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     000000000000000000000000",
  luck: "0xa7e2473",
  miner: "0x0f714de37856ebd5f3a42a3b6efaa0045630c0468ace042bbb",
  mixHash: "0x0000000000000000000000000000000000000000000000000000000000000000",
  nonce: "0x0000000000000000",
  number: 78102,
  parentHash: "0xac028f1cdaa0508703d341ec53760fd4298fa248647c44ee1e8578f1fdc7386b",
  receiptsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  secondNonce: "0x6dac63f93b8536ad",
  sha3Uncles: "0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347",
  size: 642,
  stateRoot: "0x36d994555f15b1ca03e07aae1c02cad9608d8a4dc347bf2a521f202e01d25a9a",
  timestamp: 1597352050,
  totalDifficulty: 293993214247037332,
  transactions: [],
  transactionsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  uncles: []
}

How come?  I see the balance grow but i see no tx for minted coins.

Thanks for answering that


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gigabyted on August 13, 2020, 09:23:19 PM
Hi Sherklock,

  I've noticed that when you look at explorer or mine a block there's no transaction, block have none, like this one:

{
  basis: "0x6d404275e3492d614c49cc50798c75c8fab144dbefb",
  difficulty: 11331153760054,
  difficultyAlpha: "0x2ddb3df951149918e31abc1246cea760129b4193e0239e",
  difficultyBeta: "0x1dbb9c57b56b45833f52e8e36f7e9906faa96e3361455",
  extraData: "0xd98301090d846c75636b89676f312e31332e3130856c696e7578",
  firstNonce: "0x6c214a00792f0ee7",
  gasLimit: 8000000,
  gasUsed: 0,
  hash: "0x81054c27c9218b7a4a9c7ec9c08eecbc10e01080849a983448361109f272cc1a",
  logsBloom: "0x00000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000000000000000000000000000000000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     000000000000000000000000",
  luck: "0xa7e2473",
  miner: "0x0f714de37856ebd5f3a42a3b6efaa0045630c0468ace042bbb",
  mixHash: "0x0000000000000000000000000000000000000000000000000000000000000000",
  nonce: "0x0000000000000000",
  number: 78102,
  parentHash: "0xac028f1cdaa0508703d341ec53760fd4298fa248647c44ee1e8578f1fdc7386b",
  receiptsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  secondNonce: "0x6dac63f93b8536ad",
  sha3Uncles: "0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347",
  size: 642,
  stateRoot: "0x36d994555f15b1ca03e07aae1c02cad9608d8a4dc347bf2a521f202e01d25a9a",
  timestamp: 1597352050,
  totalDifficulty: 293993214247037332,
  transactions: [],
  transactionsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  uncles: []
}

How come?  I see the balance grow but i see no tx for minted coins.

Thanks for answering that

It looks like the block rewards are added to a state channel


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 14, 2020, 05:17:56 AM
Hi Sherklock,

  I've noticed that when you look at explorer or mine a block there's no transaction, block have none, like this one:

{
  basis: "0x6d404275e3492d614c49cc50798c75c8fab144dbefb",
  difficulty: 11331153760054,
  difficultyAlpha: "0x2ddb3df951149918e31abc1246cea760129b4193e0239e",
  difficultyBeta: "0x1dbb9c57b56b45833f52e8e36f7e9906faa96e3361455",
  extraData: "0xd98301090d846c75636b89676f312e31332e3130856c696e7578",
  firstNonce: "0x6c214a00792f0ee7",
  gasLimit: 8000000,
  gasUsed: 0,
  hash: "0x81054c27c9218b7a4a9c7ec9c08eecbc10e01080849a983448361109f272cc1a",
  logsBloom: "0x00000000000000000000000000000000000000000000000000000000000000000000000000000 000000000000000000000000000000000000000000000000000000000000000000000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000                                                                                                                                                     000000000000000000000000",
  luck: "0xa7e2473",
  miner: "0x0f714de37856ebd5f3a42a3b6efaa0045630c0468ace042bbb",
  mixHash: "0x0000000000000000000000000000000000000000000000000000000000000000",
  nonce: "0x0000000000000000",
  number: 78102,
  parentHash: "0xac028f1cdaa0508703d341ec53760fd4298fa248647c44ee1e8578f1fdc7386b",
  receiptsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  secondNonce: "0x6dac63f93b8536ad",
  sha3Uncles: "0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347",
  size: 642,
  stateRoot: "0x36d994555f15b1ca03e07aae1c02cad9608d8a4dc347bf2a521f202e01d25a9a",
  timestamp: 1597352050,
  totalDifficulty: 293993214247037332,
  transactions: [],
  transactionsRoot: "0x56e81f171bcc55a6ff8345e692c0f86e5b48e01b996cadc001622fb5e363b421",
  uncles: []
}

How come?  I see the balance grow but i see no tx for minted coins.

Thanks for answering that

It looks like the block rewards are added to a state channel

This is based on the account model, the same as ethereum, so there is no coinbase transaction.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 14, 2020, 11:16:16 AM
Is it posible to ellaborate mining in windows with several instances?

In the windows wallet, you will find a directory "luck", which contains file "luck.exe" with a size of 50M. You can use the command line terminal to start it. The operation method is the same as in the linux system. You only need to use  different ports --port and different data directories --datadir to start multiple instances.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 14, 2020, 11:35:48 AM
Hello everyone
We are still looking for seed node providers. As the number of nodes increases, according to our estimation, we need to start 6-8 seed nodes in the near future. The configuration of the seed node server is as follows:
CPU: 2 core or more.
RAM: 4GB or more.
HardDisk: 100GB
Other: Public IP, open port 30009.

For users who provide seed nodes, we will give each node a continuous reward of 100luck/month.
Users who provide seed nodes can email us individually with the server's IP and login permissions, we will have professional engineers to deploy it.  Thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on August 14, 2020, 02:59:36 PM
win10 I want to know more detailed operation instructions
hello all
For the questions that you have paid more attention to recently, I will answer briefly

1 How to start multi-core mining on a single machine?
Considering that a single node is mining at a medium luck value, more power consumption is wasted. For machines with multiple cores and large memory, we recommend that you start multiple nodes, and each node runs the mining program independently, which is equivalent to the way that each independent program occupies one core. The method of starting multiple nodes on a single machine is as follows:
Linux: Specify different ports and different data directories when starting the process luck --port=<PORT_X> --datadir=<DATADIR_X>. Note that to start multiple processes on a single machine, make sure to specify different ports and different data directories.
Windows: After decompressing the wallet file, you will see the luck/luck.exe file, which is a binary command-line program whose operation is the same as that of the Linux system and requires you to operate in the command-line mode. For example, you enter luck.exe --datadir=<DATADIR_1> --port=<PORT_1> in a command line terminal, and then open another terminal and enter luck.exe attach <DATADIR_1>/luck.ipc. For specific commands, please refer to https://github.com/luck-coin/luckcoin/blob/master/wiki/luck_linux.md.

2 How to optimize the mining network to increase the winning rate?
Since all mining nodes are now connected to the seed nodes, all messages are transfered through the seed nodes. With the gradual increase of network nodes, the transfer efficiency of seed nodes will continue to decline, which will affect the stable operation of mining nodes, especially for miners with multiple nodes. For miners with multiple nodes, it is recommended to deploy a transit node to connect to the seed nodes. The internal nodes directly interact with the transit node. If these nodes are on an intranet, this will greatly increase the message forwarding speed.
Start the wallet node directly, and connect directly to the seed nodes by default. If you want the node to connect to your own transit node by default, you need to specify in the command line parameter --bootnodes=lnode://<NODE_1>@<IP_1>:<PORT_1>, where NODE_1 is your transit node ID, you need to use admin.nodeInfo to view it on the transit node. IP_1 is the IP of your transit node. If it is on the internal network, it is recommended to use the internal network IP. PORT_1 is the port of the transit node, which is 30009 by default. In the Linux system, you only need to add the command line parameter. Under windows system, you need to start your wallet node in command line terminal mode to specify the --bootnodes parameter. In order to confirm that you are indeed connected to your transit node, you can check the connection through the command admin.peers.



Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 15, 2020, 03:12:39 PM
Hi Sherlock I recently create the project for 2 seed nodes located in US and Russia send You an invitation to VPS provider so You can simply manage it and also mail with login details if something will don't work. Just please reply to mail that You got it and all is ok. Cheers


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 16, 2020, 02:43:58 AM
Hello everyone
We are still looking for seed node providers. As the number of nodes increases, according to our estimation, we need to start 6-8 seed nodes in the near future. The configuration of the seed node server is as follows:
CPU: 2 core or more.
RAM: 4GB or more.
HardDisk: 100GB
Other: Public IP, open port 30009.

For users who provide seed nodes, we will give each node a continuous reward of 100luck/month.
Users who provide seed nodes can email us individually with the server's IP and login permissions, we will have professional engineers to deploy it.  Thank you.

For all,
Thank you very much for your warm help, we have received enough seeds, these seeds will be put in the next version.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: gigabyted on August 16, 2020, 05:51:54 PM
Sherlock, any chance to release the complete code with these news seeds, so we can build from source, i know several of us arent a big fan of running binaries...

Don't trust, verify!  Remember?

Thanks alot!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 17, 2020, 09:33:47 AM
Sherlock, any chance to release the complete code with these news seeds, so we can build from source, i know several of us arent a big fan of running binaries...

Don't trust, verify!  Remember?

Thanks alot!

We have fully released all the codes. If you are familiar with Ethereum, you should know how to compile it.
In addition, we have updated new wallets on the official website , added the new seeds. This update is not mandatory, and users can freely choose whether to update.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 17, 2020, 03:06:56 PM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 17, 2020, 06:17:06 PM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.

I get some coins for articles also :D
50 coins was spent for http://luckclock.xyz/    that was made by one of community member on Discord


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 19, 2020, 05:51:34 AM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.

I get some coins for articles also :D
50 coins was spent for http://luckclock.xyz/    that was made by one of community member on Discord

well i dont know about this, dev is not really transparent where and when they are spending the premine, the premine is a key of project funding, if they distribute it without telling, i think investor will not look back on this project because what, they are using premine without community know and it could be that in the future they will sell and reduce the lucky price if it is listed on the exchange,I hope they can be more transparent with premine and notify every transaction that is used in the premine.



Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 19, 2020, 07:51:20 AM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.

I get some coins for articles also :D
50 coins was spent for http://luckclock.xyz/    that was made by one of community member on Discord

well i dont know about this, dev is not really transparent where and when they are spending the premine, the premine is a key of project funding, if they distribute it without telling, i think investor will not look back on this project because what, they are using premine without community know and it could be that in the future they will sell and reduce the lucky price if it is listed on the exchange,I hope they can be more transparent with premine and notify every transaction that is used in the premine.



As for now I only know that Luck coins are given to community for making their work for Luck


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 19, 2020, 08:15:39 AM
As for now I only know that Luck coins are given to community for making their work for Luck

the right word is for who is contribution to Luck project, i hope there is bounty on this forum in short time because this good project should get attentions from all member from this forum, signature bounty are very wonderfull right now if sherlock are wish to have any bounty in this groups.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 19, 2020, 01:21:45 PM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.

I am very sorry for the trouble to everyone, we will public all the sends related to premine. How to use premine in the future, we will also seek your opinions.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 19, 2020, 07:20:14 PM
It is probably possible to create hidden, P2P-based mining pool on this coin.

At first, all nodes are solo mining as it is today, using official client. Then, people start noticing that they have to wait more and more time to receive their rewards. The overall difficulty to mine a block is getting harder, because there are more and more people mining this coin.

To solve this problem and receive something more frequently, people start cooperating with each other to produce something together and share their reward. To do this in a P2P-based, fully decentralized way, people start producing shares. A share is just a valid block with easier difficulty. So anyone can just modify original client a bit and start producing shares. The algorithm to achieve this is quite simple: if block hash is below share-difficulty, it is a valid share and can be broadcasted to pool nodes. If it also meets network difficulty, it can be broadcasted to the whole network.

Because some people are probably going to destroy all mining pools they can find, everything should be done in secret. So, to start with, people are sending shares only to explicitly listed nodes and to nobody else. To prevent detecting it by some adversary node sending shares to mining pool, the acceptance of the share is not announced to anyone (even "trusted pool nodes") explicitly. When pool node receives some block meeting share-difficulty and not meeting network-difficulty, it should respond with "block invalid" message if asked by anyone, but it should notice that the share is valid and prepare some transaction paying some coins to the share-creator.

After getting some shares from some nodes, each pool node independently broadcasts transaction paying nodes their rewards. It is a normal transaction, so there is nothing that adversaries can do to prove that it is a payment from mining pool. Also, as a normal transaction, other nodes can receive and broadcast it, so tracing the first node that produced this transaction seems to be impossible. Any inputs can be used to produce this transaction and also such transactions can be coinjoined, so finding the creator in a M inputs to N outputs transaction when M and N are greater than two is not possible with 100% accuracy.

There is nothing to lose using this method. Every pool node is also solo mining, shares are produced in the same way as normal blocks, except they have easier difficulty. To prevent spam, every node should decide how many times easier this difficulty should be. It is also possible to do some performance testing and just collect blocks locally to determine how many times easier this share-difficulty should be. Because everything that is needed to produce the next block is the hash of the previous one, it is also possible to run one instance of the original client and attach to it from many mining clients, getting only previous block header (and maybe also pending transactions or some stuff similar to getblocktemplate in Bitcoin). It is probably also possible to create some stratum-like protocol and produce only data needed by block headers, shared with every connected node.

However, the simplest possible way is just sending blocks. It is compatible with all clients. So, the node is solo mining and sending some shares to some trusted nodes. At the beginning, it is possible to communicate with some other miners owned by the same miner. Later it is possible to trust someone for a while and send some shares to it. If after some time the node receives some coins, it is marking such node as trustworthy and still sending shares to it. If not, it is marking it as a solo-only node and choose another node. In this way it is possible to find modified clients in a P2P-way instead of some centralized way.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 20, 2020, 09:51:49 AM
well i saw there is premine about 300k luck, when the coin will be planned to use or will we have any bounty to promote the coin on this forum, because i dont think that people know enough about this coin, signature campaign is the best for now to spread about the luck coin to bitcointalk community like how idena coin did, i hope there is planned bounty in short time, ive seen the premine only has been used about 600 luck for the guys who contribute seeds.

I am very sorry for the trouble to everyone, we will public all the sends related to premine. How to use premine in the future, we will also seek your opinions.

that's would be great sherlock, you need to keep transparent when and where the premine are spend because if you give someone free coin without community know about it, this project will lose their popularity because they are buying mining very hardly, and you are giving free coin and spend without any notifications, could you post here how much are premine has been used and what is the purposed? im only know the 600 LUCK that's send to seed providers, is there any other?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 20, 2020, 11:32:52 AM
It is probably possible to create hidden, P2P-based mining pool on this coin.

At first, all nodes are solo mining as it is today, using official client. Then, people start noticing that they have to wait more and more time to receive their rewards. The overall difficulty to mine a block is getting harder, because there are more and more people mining this coin.

To solve this problem and receive something more frequently, people start cooperating with each other to produce something together and share their reward. To do this in a P2P-based, fully decentralized way, people start producing shares. A share is just a valid block with easier difficulty. So anyone can just modify original client a bit and start producing shares. The algorithm to achieve this is quite simple: if block hash is below share-difficulty, it is a valid share and can be broadcasted to pool nodes. If it also meets network difficulty, it can be broadcasted to the whole network.

Because some people are probably going to destroy all mining pools they can find, everything should be done in secret. So, to start with, people are sending shares only to explicitly listed nodes and to nobody else. To prevent detecting it by some adversary node sending shares to mining pool, the acceptance of the share is not announced to anyone (even "trusted pool nodes") explicitly. When pool node receives some block meeting share-difficulty and not meeting network-difficulty, it should respond with "block invalid" message if asked by anyone, but it should notice that the share is valid and prepare some transaction paying some coins to the share-creator.

After getting some shares from some nodes, each pool node independently broadcasts transaction paying nodes their rewards. It is a normal transaction, so there is nothing that adversaries can do to prove that it is a payment from mining pool. Also, as a normal transaction, other nodes can receive and broadcast it, so tracing the first node that produced this transaction seems to be impossible. Any inputs can be used to produce this transaction and also such transactions can be coinjoined, so finding the creator in a M inputs to N outputs transaction when M and N are greater than two is not possible with 100% accuracy.

There is nothing to lose using this method. Every pool node is also solo mining, shares are produced in the same way as normal blocks, except they have easier difficulty. To prevent spam, every node should decide how many times easier this difficulty should be. It is also possible to do some performance testing and just collect blocks locally to determine how many times easier this share-difficulty should be. Because everything that is needed to produce the next block is the hash of the previous one, it is also possible to run one instance of the original client and attach to it from many mining clients, getting only previous block header (and maybe also pending transactions or some stuff similar to getblocktemplate in Bitcoin). It is probably also possible to create some stratum-like protocol and produce only data needed by block headers, shared with every connected node.

However, the simplest possible way is just sending blocks. It is compatible with all clients. So, the node is solo mining and sending some shares to some trusted nodes. At the beginning, it is possible to communicate with some other miners owned by the same miner. Later it is possible to trust someone for a while and send some shares to it. If after some time the node receives some coins, it is marking such node as trustworthy and still sending shares to it. If not, it is marking it as a solo-only node and choose another node. In this way it is possible to find modified clients in a P2P-way instead of some centralized way.

Because 2POW divides the proof of work into two phases. According to the conventional mining pool, miners submit lower-difficulty proof of work to the pool to get rewards. Then all miners only need to submit the lower-difficult proof of work in the first phase, instead of completing the entire 2POW. This is because Many less difficult tasks in the first phase will get more expected benefits than completing the entire 2POW.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on August 21, 2020, 06:47:08 AM
I have seen many saying that there must be a mining pool, but I have never seen a specific plan for a mining pool now.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 21, 2020, 10:07:06 AM
I have seen many saying that there must be a mining pool, but I have never seen a specific plan for a mining pool now.

where did you see that? i dont think there is mining pool available for this coin because you only could mine it solo with your computer online 24/7 to mine this coin you should have atlease 2 core of cpu and 4 gb of ram if im not mistaken, there already buyer buy the coin from miner , ive mine this coin daily and sold it, quite good to make good profit per day, you should try it mate, if you need help feel free to ask on discord, there is admin could help you set up mining very simple.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 21, 2020, 02:47:34 PM
I again see that we have a massive miner 0xa1b586 is making 5 blocks at 10 mined ratio can You please decrease a little number of nodes, please ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 21, 2020, 05:35:42 PM
I again see that we have a massive miner 0xa1b586 is making 5 blocks at 10 mined ratio can You please decrease a little number of nodes, please ?

I saw this today in Discord that a single address is mining 50% of all blocks, confirmed also by a support member of Luck coin.

What you should do?
My suggestion is not to beg the miner to reduce the number of nodes/miners, but for the dev to find a solution to this issue, since the whole purpose of this coins is now doomed.

"A new consensus algorithm to eliminate large mining pools" - the consensus may be eliminated for the large pools but not for the large miners.

"one-CPU-one-vote" vision - if someone is mining with 1000 CPUs over a 2000 nodes (CPUS) network, this consensus is not better than the clasic POW one, is even worst.

My 2 cents!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 22, 2020, 03:01:07 AM
I again see that we have a massive miner 0xa1b586 is making 5 blocks at 10 mined ratio can You please decrease a little number of nodes, please ?

I saw this today in Discord that a single address is mining 50% of all blocks, confirmed also by a support member of Luck coin.

What you should do?
My suggestion is not to beg the miner to reduce the number of nodes/miners, but for the dev to find a solution to this issue, since the whole purpose of this coins is now doomed.

"A new consensus algorithm to eliminate large mining pools" - the consensus may be eliminated for the large pools but not for the large miners.

"one-CPU-one-vote" vision - if someone is mining with 1000 CPUs over a 2000 nodes (CPUS) network, this consensus is not better than the clasic POW one, is even worst.

My 2 cents!

There is no need to stop big miners, his gains are in full proportion to his efforts.
There are still many essential differences between mining pools and large miners.
For example, in traditional POW, there are 10 nodes in the entire network, the 5 are solo, and the other 5 are alliances, then the chance of the alliance winner is not 5/10, but 27/32, which is much greater than 5/10 , this is the key to unfairness.
In our network, your chance of winning is always equal to the proportion of your contribution to the entire network.
In addition, since there is no profit advantage in cooperation, there will be no mining pools. In the end, there will be more large miners without alliance and some free small miners, and the system will be more decentralized, and thus more safety


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 22, 2020, 03:41:33 AM
There is no need to stop big miners, his gains are in full proportion to his efforts.
There are still many essential differences between mining pools and large miners.
For example, in traditional POW, there are 10 nodes in the entire network, the 5 are solo, and the other 5 are alliances, then the chance of the alliance winner is not 5/10, but 27/32, which is much greater than 5/10 , this is the key to unfairness.
In our network, your chance of winning is always equal to the proportion of your contribution to the entire network.
In addition, since there is no profit advantage in cooperation, there will be no mining pools. In the end, there will be more large miners without alliance and some free small miners, and the system will be more decentralized, and thus more safety

I see your point of view: the nodes.

Here is mine: the coins.

Maybe you fixed the node problem pools have, but you have a new problem - all the coins goes now to a single owner, instead of multiple owners. This is why I've said is worst than traditional PoW, instead of a pool getting 50% of mined coins (which will be spread among all individual miners) now we have 1 miner getting 50% of the coins, but we are pool free.

And not to be negligible, with this approach the scenario can go like this: Let's say I mine solo (because there are no pools involved) but since is not profitable for me because 1 single miner gets 50% of all block, I leave. So will do all the small miners, if is not profitable anymore and this will lead him to mine more and more blocks until probably he will mine 100% of the blocks.

Now tell me, where is the decentralization?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 22, 2020, 04:32:52 AM
I see your point of view: the nodes.

Here is mine: the coins.

Maybe you fixed the node problem pools have, but you have a new problem - all the coins goes now to a single owner, instead of multiple owners. This is why I've said is worst than traditional PoW, instead of a pool getting 50% of mined coins (which will be spread among all individual miners) now we have 1 miner getting 50% of the coins, but we are pool free.

And not to be negligible, with this approach the scenario can go like this: Let's say I mine solo (because there are no pools involved) but since is not profitable for me because 1 single miner gets 50% of all block, I leave. So will do all the small miners, if is not profitable anymore and this will lead him to mine more and more blocks until probably he will mine 100% of the blocks.

Now tell me, where is the decentralization?

The reason why someone may deploy 50% of the nodes now is because currently not many people have participated in this project. If enough people come in to participate in fair competition, decentralization is inevitable. Maybe there are hundreds of large miners, and they all deploy a large number of machines, according to the daily output, they may get the same amount of coins. But there are only a few large-scale mining pools in Bitcoin network.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 22, 2020, 05:34:39 AM
Recently, many partners have questions about premine (total 300,000).
I sorted out all the premine used in the previous period
date              to                                                                                             amount           purpose
2020/07/24   0xaa57e29dd99480c6b155b8734b78de1910a9e402b6eabd81c7    5                Create and maintain discord - https://discord.gg/TN6XhcD
2020/07/26   0xb9a09471b96583f967f3cd314a5c74a6c2bf08f94fb8b27001    20               Article
2020/08/03   0xb9a09471b96583f967f3cd314a5c74a6c2bf08f94fb8b27001    10               Article
2020/08/15   0x60c8470525754e247d449a785cf79f7855d5222e7703ef4d22    200              Provide 2 seeds
2020/08/15   0x01d94b0dd928233986579e8634a1c6031bf704c46a4a297ac2    100              Provide 1 seeds
2020/08/16   0xeab4d47a75beaac9bf64ab3b1800bf6af3b4f0fba30e219382    600              Provide 6 seeds
2020/08/16   0xaa57e29dd99480c6b155b8734b78de1910a9e402b6eabd81c7    200+60           Provide 2 seeds + create site - http://luckclock.xyz/

Current balance: 298,804

Seed node rewards to be paid for 1 year 1100 * 12 = 13200

How to use the remaining 298804-13200 = 285604, I want to hear your opinions, thank you
1 Direct destruction: The remaining tokens are directly transferred to 0x000000... address, this is the simplest and fairest way.
2 The community establishes reward rules, and the incentives who meet the conditions are certified by the community, then we are responsible for the distribution of incentives.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 22, 2020, 06:25:28 AM
Thats great that you share the premine details with all of us  :)

I also posted it in the luck community discord and created 2 new channels.

#premine-proposals and # premine-discussion

to collect some ideas and how the community like or dislike the ideas.




Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 22, 2020, 08:05:50 AM
How to use the remaining 298804-13200 = 285604, I want to hear your opinions, thank you
1 Direct destruction: The remaining tokens are directly transferred to 0x000000... address, this is the simplest and fairest way.
2 The community establishes reward rules, and the incentives who meet the conditions are certified by the community, then we are responsible for the distribution of incentives.


I don't agree with point 1 - to destroy the tokens. The tokens can be used to fund the development of the project. The fund can be used to pay services, team members, managers, marketers, etc. For example the services you mentioned above nodes, website, etc.

This is my personal opinion.

Cheers and good luck!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 22, 2020, 08:29:51 AM

I don't agree with point 1 - to destroy the tokens. The tokens can be used to fund the development of the project. The fund can be used to pay services, team members, managers, marketers, etc. For example the services you mentioned above nodes, website, etc.

This is my personal opinion.

Cheers and good luck!

yeah that right, people mine this coin like dead but dev burn it easily, that wont limited supply :D lets be fair and use the coin properly, im very agreed with point 2 and add more bounty to attracted people to this coin so we can have more online node on chain, signature is the best options, ive give dev suggestions to have signature bounty for this coin but looks like he is not replying my message on dms, i hope he will see and use the premine for bounty insteads burn it out.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 22, 2020, 11:27:25 AM

I don't agree with point 1 - to destroy the tokens. The tokens can be used to fund the development of the project. The fund can be used to pay services, team members, managers, marketers, etc. For example the services you mentioned above nodes, website, etc.

This is my personal opinion.

Cheers and good luck!

yeah that right, people mine this coin like dead but dev burn it easily, that wont limited supply :D lets be fair and use the coin properly, im very agreed with point 2 and add more bounty to attracted people to this coin so we can have more online node on chain, signature is the best options, ive give dev suggestions to have signature bounty for this coin but looks like he is not replying my message on dms, i hope he will see and use the premine for bounty insteads burn it out.


feel free to join our discord and make your proposal public there for what the community thinks about it
if you arent already there lol


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 22, 2020, 02:46:29 PM
There is no need to stop big miners, his gains are in full proportion to his efforts.
There are still many essential differences between mining pools and large miners.
For example, in traditional POW, there are 10 nodes in the entire network, the 5 are solo, and the other 5 are alliances, then the chance of the alliance winner is not 5/10, but 27/32, which is much greater than 5/10 , this is the key to unfairness.
In our network, your chance of winning is always equal to the proportion of your contribution to the entire network.
In addition, since there is no profit advantage in cooperation, there will be no mining pools. In the end, there will be more large miners without alliance and some free small miners, and the system will be more decentralized, and thus more safety

I see your point of view: the nodes.

Here is mine: the coins.

Maybe you fixed the node problem pools have, but you have a new problem - all the coins goes now to a single owner, instead of multiple owners. This is why I've said is worst than traditional PoW, instead of a pool getting 50% of mined coins (which will be spread among all individual miners) now we have 1 miner getting 50% of the coins, but we are pool free.

And not to be negligible, with this approach the scenario can go like this: Let's say I mine solo (because there are no pools involved) but since is not profitable for me because 1 single miner gets 50% of all block, I leave. So will do all the small miners, if is not profitable anymore and this will lead him to mine more and more blocks until probably he will mine 100% of the blocks.

Now tell me, where is the decentralization?

An immature idea, if the upper limit of the luck value is introduced, for example, if the luck value exceeds a certain value, blocks are not allowed to be produced by that miner, can it limit the unlimited expansion of large miners?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 23, 2020, 04:02:35 AM
feel free to join our discord and make your proposal public there for what the community thinks about it
if you arent already there lol

why do we need make a proposal public there? dev is not on discord server, he mostly active on this threads, why dont i suggest him to have the bounty and how to use the premine on this threads?
its would help the threads getting bump and get more miners jump on this coin to, if are dev already on discord knock me, im leave discord server  right after i know that the dev is not there.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 23, 2020, 08:55:52 AM
An immature idea, if the upper limit of the luck value is introduced, for example, if the luck value exceeds a certain value, blocks are not allowed to be produced by that miner, can it limit the unlimited expansion of large miners?

No, every independent machine with the same power has the same probability, this is the fairest.
In fact, introducing an upper limit on the value of luck can't stop large miners.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 23, 2020, 09:00:34 AM
feel free to join our discord and make your proposal public there for what the community thinks about it
if you arent already there lol

why do we need make a proposal public there? dev is not on discord server, he mostly active on this threads, why dont i suggest him to have the bounty and how to use the premine on this threads?
its would help the threads getting bump and get more miners jump on this coin to, if are dev already on discord knock me, im leave discord server  right after i know that the dev is not there.

We will handle premine very carefully. We will not do anything until there is a concrete feasible plan.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 23, 2020, 10:41:49 AM
Sherlock, What You think about reward testnet miners? I'm not saying give big amounts of coins but for example, count testnet days period x cost of day mining and send to each miner Luck amount based on the current value to cover the cost of mining.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptoneum on August 23, 2020, 02:19:25 PM
How to use the remaining 298804-13200 = 285604, I want to hear your opinions, thank you
1 Direct destruction: The remaining tokens are directly transferred to 0x000000... address, this is the simplest and fairest way.
2 The community establishes reward rules, and the incentives who meet the conditions are certified by the community, then we are responsible for the distribution of incentives.


I don't agree with point 1 - to destroy the tokens. The tokens can be used to fund the development of the project. The fund can be used to pay services, team members, managers, marketers, etc. For example the services you mentioned above nodes, website, etc.

This is my personal opinion.

Cheers and good luck!

I agree with this plan.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 23, 2020, 04:40:39 PM
How to use the remaining 298804-13200 = 285604, I want to hear your opinions, thank you
1 Direct destruction: The remaining tokens are directly transferred to 0x000000... address, this is the simplest and fairest way.
2 The community establishes reward rules, and the incentives who meet the conditions are certified by the community, then we are responsible for the distribution of incentives.


I don't agree with point 1 - to destroy the tokens. The tokens can be used to fund the development of the project. The fund can be used to pay services, team members, managers, marketers, etc. For example the services you mentioned above nodes, website, etc.

This is my personal opinion.

Cheers and good luck!

I agree with this plan.

I also Like that Idea a loot of peoples already working for Luck in discord :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 23, 2020, 04:59:26 PM
Looks like a lot of people are for the use of the coins instead of burning them.
But for the fairness of the proposal, I would suggest @Sherlock to make a poll, in this thread and invite all people from Discord and other communication channels to vote for it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 23, 2020, 05:57:08 PM
Looks like a lot of people are for the use of the coins instead of burning them.
But for the fairness of the proposal, I would suggest @Sherlock to make a poll, in this thread and invite all people from Discord and other communication channels to vote for it.

I think Voting should take a place on discord


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 23, 2020, 06:01:16 PM
Also I agree with burn If I can get payment for my seed nodes in advance I keep them because Im getting Payment in Luck for that


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on August 25, 2020, 08:52:41 AM
are there anybody using advanced machines for mining, such as GPU/graphics card/ASIC. It's too hard to mine now.
Can you please share what kind of machines you have? :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 25, 2020, 12:41:34 PM
Quote
are there anybody using advanced machines for mining, such as GPU/graphics card/ASIC. It's too hard to mine now.
It is typical for many CPU-based coins. When some new coin is introduced, its amount in circulation is quite small and that is why the first coins have quite high price when entering some exchange for the first time. Later, when there are more and more coins in circulation, the price usually drops. It is hard to mine, because there are not many coins, but many new miners. Also, there are people having a lot of CPU's and mining a lot of CPU-based coins at the same time. So if an algorithm on this coin is the same as an algorithm on another coin, it can be merge mined, so you can mine two such coins at the same time and consume similar power as mining only one coin.

I think that few months later it will be easier to mine this coin, if it follows the same path as many other altcoins.
Quote
Can you please share what kind of machines you have?
One virtual machine using one core. For me, it is rather an experiment than something that can really became valuable coin in the future. I still think that winner-takes-all approach when mining blocks will finally cause pool pressure in the future. But maybe I am wrong and this coin will succeed? The time will reveal the truth, we can only mine new coins and experiment with the code trying to improve things.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: jslv587 on August 25, 2020, 03:23:52 PM
今天一个都没挖到


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: stas333 on August 25, 2020, 04:10:58 PM
I think the premine needs to be burned in several stages. choose the day on which the burning of coins will occur, as well as the number. And if between the intervals of the burning stages, it will be necessary to give some kind of reward to the community member, or other costs, then the developers must explain for these transactions. I think that every week, for example on Friday, 20,000 coins should be burned. And until the entire premine is burned, the coin should not go to the exchange.
Any premine leads to depreciation and centralization. Anyone who knows that someone controls more than half of all mined coins will not trust this project. 300,000 premines is just a huge amount in which the reward itself is only 3 coins per minute, in addition, the developers have a constant income of 5% from mining, which should also stop at one of the blocks in a year or two. And I also said that if there are expenses for any activities, they must explain them and we must openly see what they are spent on. Therefore, the premine must be burned in several stages.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 25, 2020, 05:23:43 PM
last day ive got about 3 luck by mining with my cpu, but today there is almost 24hrs since turn on my pc and no block are comming to my wallet, i wondering how much node already on space because i see on mining page some address get block very fast within a minute, dev do you have any idea to solved the problem? small miner like us who trying to mine this coin with 1 cpu is getting very difficults now, i feels like mining on a pools with less powers, so hard to getting block.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on August 25, 2020, 05:26:07 PM
There is no need to burn anything. If the only problem is that developers can access premine instead of miners, it can be just moved to timelocked addresses that anyone can spent in the future. And if such coins should be accessible only by miners, it can be easily done by Miner Activated Soft Fork. However, such things probably will not be needed, because if something is sitting on address that anyone can spent, then literally anyone can spent it, including miners. And in such cases miners always will have an incentive to reject some user transaction spending these coins and mine their own transaction sending these coins to themselves.

To sum up: if the main problem is that a few developers hold a huge amount of coins now, it can be just send to many outputs with timelocks in the future, then it will not be possible to spend all of them now. If only timing matters, it can be sent to the same addresses, then just developers will spend it later. If it should be accessible by anyone, it can be sent to address that anyone can spent. If it is difficult or impossible to create such address, all that is needed is just using normal address and revealing its private key.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: stas333 on August 25, 2020, 06:50:57 PM
There is no need to burn anything. If the only problem is that developers can access premine instead of miners, it can be just moved to timelocked addresses that anyone can spent in the future. And if such coins should be accessible only by miners, it can be easily done by Miner Activated Soft Fork. However, such things probably will not be needed, because if something is sitting on address that anyone can spent, then literally anyone can spent it, including miners. And in such cases miners always will have an incentive to reject some user transaction spending these coins and mine their own transaction sending these coins to themselves.

To sum up: if the main problem is that a few developers hold a huge amount of coins now, it can be just send to many outputs with timelocks in the future, then it will not be possible to spend all of them now. If only timing matters, it can be sent to the same addresses, then just developers will spend it later. If it should be accessible by anyone, it can be sent to address that anyone can spent. If it is difficult or impossible to create such address, all that is needed is just using normal address and revealing its private key.
   
Everything you've written is a theory that doesn't have any basis for when, what and how it will be done. We are talking about full trust not only of miners, but also of future users of this coin. No one will use the services of the project on dubious promises that the premine will be honestly used or shared. We are now talking about the economic and political component of the project. The premine must be burned in several stages before the coin goes to the exchange. In addition, constant donations of 5% for developers should also be stopped at a certain block, after which all rewards should remain only for miners. Only in this way will the project inspire complete trust on the part of any users, if it is truly unique. All coins that had a premine or endless donations from mining, after entering the exchange, suffered a fiasco, as well as 99% of tokens with a preliminary ico.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 26, 2020, 06:10:52 AM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 50000 premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 26, 2020, 06:43:04 AM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 5W premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

have you every disccus with your community if they are agreed to burn the premine? im my opinion its would be good to use premine in good way than burn it on dead wallet which no one can spend it, rewarding community based what their contribution is the good ways to distribute the premine, also regard signature bounty that i propose you on DMs, please can you take a look? i can help you to make it happend and spreads the premine to the community, that would be good options to have more holder due hard to mine.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 26, 2020, 06:45:59 AM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 5W premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

That are great news mate I agree at 100%


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 26, 2020, 07:34:34 AM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 5W premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

That are great news mate I agree at 100%

yeap i also think that this is a good decision


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on August 26, 2020, 07:59:39 AM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 50000 premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

agree that.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptoneum on August 26, 2020, 02:25:33 PM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 50000 premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

The purpose of this coin is anti-mining pools and to achieve that we need more nodes to join the network, and to for that you need to create more awareness of this project maybe by signature campaign but destroying those coins will not achieve anything.

And why there was no voting on this?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 26, 2020, 06:15:37 PM
Hello everyone, after our careful analysis of your opinions and careful thinking, we finally decided to keep the 50000 premine, and the rest will be burned after 2 days.
The remaining premine will be used for:
26400 - Reward for two-year seed servers: 1100 * 12 * 2 = 26400
23600 - used for community incentives for the past year

In addition, our recent development plan is as follows:
1 android decentralized wallet - the development of basic functions has been completed, and it can be released after the test is completed.
2 Enable multi-core mining - in the early days, we suggest the miner to open multi-instance mining on multi-core machines, which brought complexity to the operation of miners. In response to the urgent request of the majority of miners, multi-core mining on multi-core machines will be supported, this feature is currently being scheduled.

The purpose of this coin is anti-mining pools and to achieve that we need more nodes to join the network, and to for that you need to create more awareness of this project maybe by signature campaign but destroying those coins will not achieve anything.

And why there was no voting on this?

No voting because a loot of ppl say that best is burn em


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 26, 2020, 06:30:23 PM
Maybe this is the best decision after all. Burning a part of the premine and keeping part for development is not that bad as burning 100% of the coins premined.
By doing this way, the dev is pleasing both sides (the keepers and the burners). I can live with it, even if I am not 100% for it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 26, 2020, 07:04:44 PM
Sherlock please check mail I want to move seed nodes provided by me on other server. Send You details in mail. Cheers


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 27, 2020, 02:25:11 AM

The purpose of this coin is anti-mining pools and to achieve that we need more nodes to join the network, and to for that you need to create more awareness of this project maybe by signature campaign but destroying those coins will not achieve anything.

And why there was no voting on this?

We made the decision after comprehensive analyzing some feedbacks from emails and forum. I think for a year of bounty, 23,000 luck should be enough, otherwise it would be unfair to miners.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 27, 2020, 02:31:22 AM
Sherlock please check mail I want to move seed nodes provided by me on other server. Send You details in mail. Cheers

I have already replied to your email, before your servers expires, we will change it.
please don't change the seeds if it is not necessary in the future, thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on August 27, 2020, 02:34:33 AM
Hi sherlock, is there any way to calculate the number of nodes or power of luck?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 27, 2020, 05:58:47 AM
I'm wondering can you add in Windows wallet option that after click on address it will be copied by default? This can make things easier instead of ctrl+c :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 27, 2020, 09:56:04 AM
I'm wondering can you add in Windows wallet option that after click on address it will be copied by default? This can make things easier instead of ctrl+c :)

This is an option I miss too, but since I use a gaming mouse I've set it to "copy" - "paste" with the side 4th and 5th buttons.
If you don't have a gaming mouse you can try some apps from the web, that do just this, auto copy highlighted text in Windows. Google it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 28, 2020, 02:29:59 AM
I'm wondering can you add in Windows wallet option that after click on address it will be copied by default? This can make things easier instead of ctrl+c :)

quite good idea, but why you need auto copied address? its is because you mining on diffrent wallet or something? for me current wallet is easy enough for me only the interface isn't quite friendly, i would like to requst at dev multi-sender wallet for upcomming bounty if they wish to do it.

Hi sherlock, is there any way to calculate the number of nodes or power of luck?

for now i dont see any tools that can calculate the number of node, but i beliave there is over 5000+ node on chain are online.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 28, 2020, 08:25:30 AM
I also believe that are somewhere between 5K and 10K nodes mining LUCK, since I was not able to mine on e single coin in 72h which I know it is based on luck but even so, were mined 13K blocks (coins). As far as I saw people are mining with 100-200+ nodes (the ones that are still mining). So for me with one PC is not profitable anymore even tho the price of the coin increased lately.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 28, 2020, 09:31:53 AM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 28, 2020, 09:50:41 AM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D

Thanks for the info! Even I didn't agreed 100% with the burn of the coins, at least you have managed to keep 50K of LUCK. Use them wisely and don't forget to make some nice bounties  ;D since mining is harder and harder these days.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 28, 2020, 12:01:45 PM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D

can you share the burned transaction ID with us, please ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on August 28, 2020, 12:36:31 PM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D

can you share the burned transaction ID with us, please ?

i see the burned transaction ID is 0x84df7676505a3a710599aa317ce7934cc54c40921024dba939d5aaf7c8b7812d.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 28, 2020, 03:09:23 PM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D

Good job dev !! you're made right decision, i hope to see any bounty running for luck project in very soon, im very happy to help you manage the bounty for a years as my contributions, just wondering if eric from qtrade will list us on thier exchange as their said after the premine was burned.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on August 28, 2020, 03:15:36 PM
Any news regarding multi thread mining wallet release ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 28, 2020, 04:35:53 PM
Hello everyone, 1% of luck's pre-mining has been burned 248805, and there are still 49,999 lucks left for seeds and bounty. good luck to luck and everyone. :D

Good job dev !! you're made right decision, i hope to see any bounty running for luck project in very soon, im very happy to help you manage the bounty for a years as my contributions, just wondering if eric from qtrade will list us on thier exchange as their said after the premine was burned.

eric didnt said that they will list us, he just said that he maybe will list us but no promise, but its possible


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 28, 2020, 08:44:01 PM
Quote from: x23a1s link=topic=5254068.msg55083905#msg55083905
eric didnt said that they will list us, he just said that he maybe will list us but no promise, but its possible


yeah i know he is not promise for the listing, but atlease he realize that if they list luck on their exchange will bring much volume and marketcaps on their exchange, why? its because we already havinng price and nice volume while still doing otc trade, i hope they will consider to list LUCK on their exchange.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 28, 2020, 09:39:39 PM
Quote from: x23a1s link=topic=5254068.msg55083905#msg55083905
eric didnt said that they will list us, he just said that he maybe will list us but no promise, but its possible
[/quote

yeah i know he is not promise for the listing, but atlease he realize that if they list luck on their exchange will bring much volume and marketcaps on their exchange, why? its because we already havinng price and nice volume while still doing otc trade, i hope they will consider to list LUCK on their exchange.

yeap, thats true and i hope they will list luck too

so fingers crossed  ;D


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 29, 2020, 03:23:23 PM
Hello everyone, Linux multi-core mining wallet has been put on http://lucknet.club/wallets-3/luck (md5sum: b874bf5fbad59e864ca156a4e4c5ca9a)
you should enter miner.start(<NUM>) in the command line terminal to start multi-core mining, where <NUM > indicates the number of threads you want to use.

Interested miners can download from the link above. If you have any questions, please feedback in time, thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 29, 2020, 03:46:18 PM
Hello everyone, Linux multi-core mining wallet has been put on https://lucknet.club/wallets-3/linux (md5sum: b874bf5fbad59e864ca156a4e4c5ca9a)
you should enter miner.start(<NUM>) in the command line terminal to start multi-core mining, where <NUM > indicates the number of threads you want to use.

Interested miners can download from the link above. If you have any questions, please feedback in time, thank you.

404 not found


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: stas333 on August 29, 2020, 10:27:40 PM
I have an idea if you create a hard fork and bind one node to only one address, and then during mining, those who have thousands of nodes will simply not be profitable to keep such a number of addresses, since most of them will be in the same conditions as others miners, since most of them will simply work idle. after all, in fact, then only 4,536 nodes per day will have a chance to find a block and all miners will be in the same state. since even if there are one hundred thousand nodes, the chance for each of them will be 1 out of 4536 per day and will depend on the power of the equipment and the hash rate for multi-core mining. and then even if a pool is created, it will simply not be possible and not profitable to register such a number of addresses for one miner.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: stas333 on August 29, 2020, 10:36:28 PM
And also, please, on the official website, change the information about the premine so that people are not afraid because of the big premine, since it is no longer there, and the one that remains, write on what expenses it goes.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 30, 2020, 12:03:42 AM
And also, please, on the official website, change the information about the premine so that people are not afraid because of the big premine, since it is no longer there, and the one that remains, write on what expenses it goes.

Lol, we dont need to change premine on website because people also can check it on the source code that state premine were 300k, sherlock already state on this threads that only 50k premine are left on premine wallet while the rest is burn, if we change the premine number on website, that would make people confused why there is 300k premine on source code but its diffrent from website.

but yeah we can change text on website say that premine has been burnt out only 50k luck are left to pay bounty and contributors.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 30, 2020, 12:47:26 AM
Hello everyone, Linux multi-core mining wallet has been put on https://lucknet.club/wallets-3/linux (md5sum: b874bf5fbad59e864ca156a4e4c5ca9a)
you should enter miner.start(<NUM>) in the command line terminal to start multi-core mining, where <NUM > indicates the number of threads you want to use.

Interested miners can download from the link above. If you have any questions, please feedback in time, thank you.

404 not found

sorry, some write error, http://lucknet.club/wallets-3/luck


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on August 30, 2020, 01:08:24 AM
I have an idea if you create a hard fork and bind one node to only one address, and then during mining, those who have thousands of nodes will simply not be profitable to keep such a number of addresses, since most of them will be in the same conditions as others miners, since most of them will simply work idle. after all, in fact, then only 4,536 nodes per day will have a chance to find a block and all miners will be in the same state. since even if there are one hundred thousand nodes, the chance for each of them will be 1 out of 4536 per day and will depend on the power of the equipment and the hash rate for multi-core mining. and then even if a pool is created, it will simply not be possible and not profitable to register such a number of addresses for one miner.

one node is only bin to one address, which is currently technically infeasible.
one node is only bind to one address, which will increase the management cost of large miners by a small amount, but it does not cause essential obstacles, which may cause medium-sized miners to leave the network.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Ngenah Euy on August 30, 2020, 01:16:47 AM

sorry, some write error, http://lucknet.club/wallets-3/luck

when is windows version available?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 30, 2020, 02:36:00 PM

sorry, some write error, http://lucknet.club/wallets-3/luck

when is windows version available?

Windows wallet version is already available, so is the miner which is built-in wallet.
You can download the wallet/miner from here: https://lucknet.club/ under Miner section (that is the wallet + miner).


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 30, 2020, 04:56:02 PM


Windows wallet version is already available, so is the miner which is built-in wallet.
You can download the wallet/miner from here: https://lucknet.club/ under Miner section (that is the wallet + miner).

i think we was reffering to wallet that support multicore mining for luck , currently no window wallet are supporting multicore mining yet, the wallet that sherlock given out is for ubuntu, lets see next few day if sherlock could release window wallet that supported multi core mining inside.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 30, 2020, 07:14:11 PM
hey there guys,

i started a little community event to collect the fee for the qtrade listing for luck.

Join our discord and tip a little amount if you can

cheers


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on August 31, 2020, 05:53:12 AM
hey there guys,

i started a little community event to collect the fee for the qtrade listing for luck.

Join our discord and tip a little amount if you can

cheers

Good initiative mate! How much is asking qTrade for the listing? I hope they are not asking thousands of dollars since is a small exchange no offence. I know qTrade is quite a good exchange, working smooth but with not so much coins/users.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on August 31, 2020, 07:47:17 AM


Good initiative mate! How much is asking qTrade for the listing? I hope they are not asking thousands of dollars since is a small exchange no offence. I know qTrade is quite a good exchange, working smooth but with not so much coins/users.

from what i can see on discord, they are asking about 0.5 btc for the listing within 60 day if the donations has been fullfilled, if the donations not reach 0.5 btc within 60 day then they will not list the luck coin, very cofused why they are still need fee after the premine was burned, i thoughts they will list luck for free right after the premine was burnted.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: summercat on August 31, 2020, 10:48:05 AM


Good initiative mate! How much is asking qTrade for the listing? I hope they are not asking thousands of dollars since is a small exchange no offence. I know qTrade is quite a good exchange, working smooth but with not so much coins/users.

from what i can see on discord, they are asking about 0.5 btc for the listing within 60 day if the donations has been fullfilled, if the donations not reach 0.5 btc within 60 day then they will not list the luck coin, very cofused why they are still need fee after the premine was burned, i thoughts they will list luck for free right after the premine was burnted.


I agree with  you


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 31, 2020, 03:18:03 PM


Good initiative mate! How much is asking qTrade for the listing? I hope they are not asking thousands of dollars since is a small exchange no offence. I know qTrade is quite a good exchange, working smooth but with not so much coins/users.

from what i can see on discord, they are asking about 0.5 btc for the listing within 60 day if the donations has been fullfilled, if the donations not reach 0.5 btc within 60 day then they will not list the luck coin, very cofused why they are still need fee after the premine was burned, i thoughts they will list luck for free right after the premine was burnted.

Hey there, so nobody said that they will list luck after burning the premine.
It was just 1 issue that they cant list luck with that premine and no purpose for that.
The free listing is still available but they cant guarantee that they will list luck.

And 0.5 btc for that listing isnt that much. Just my personal opinion.
And when everybody tip a little bit its fast collected


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on August 31, 2020, 03:20:32 PM
With the paid listing they guarantee to list luck within 60 days.
No limit to collect the funds  ;)
Eric from qtrade also said that a paid listing comes with less trading fee's and should be listed within 1-2 weeks. If nothing interrupt the listing process


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 01, 2020, 03:52:07 AM
After two days of small-scale testing, the multi-core mining version of Linux has been running stably, and the multi-core mining of Linux and Windows wallets has been updated to https://lucknet.club.
In addition, the windows wallet has been optimized in synchronization block.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 01, 2020, 06:58:29 AM
After two days of small-scale testing, the multi-core mining version of Linux has been running stably, and the multi-core mining of Linux and Windows wallets has been updated to https://lucknet.club.
In addition, the windows wallet has been optimized in synchronization block.

hey sherlock can you give me respond on gmail? i was send you message regarding bounty campaign plan and no respond from you, i hope you could see it when you are free, thanks very much.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 01, 2020, 11:06:59 AM
After two days of small-scale testing, the multi-core mining version of Linux has been running stably, and the multi-core mining of Linux and Windows wallets has been updated to https://lucknet.club.
In addition, the windows wallet has been optimized in synchronization block.

We have updated a new version to https://lucknet.club.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 03, 2020, 01:41:57 AM
After two days of small-scale testing, the multi-core mining version of Linux has been running stably, and the multi-core mining of Linux and Windows wallets has been updated to https://lucknet.club.
In addition, the windows wallet has been optimized in synchronization block.

hey sherlock can you give me respond on gmail? i was send you message regarding bounty campaign plan and no respond from you, i hope you could see it when you are free, thanks very much.

I'm really sorry, I haven't seen your specific implementation plan, there is only a token plan. I don't know how you want to do bounty now.
you can give a specific implementation plan, such as what kind of activities to do, what way to motivate users, how many tokens are needed, what goals to accomplish, and how to manage tokens. Otherwise, I will pay you the token directly, which is unfair to other users in the community.

If you have a good bounty implementation, i hope you to disclose the information here in time, if it is a real and effective bounty, we will definitely pay the token under everyone’s supervision.

Thank you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on September 03, 2020, 01:47:34 AM
to strong miners, what configuration machines are you using now. why didn't i mined one coin for these days.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 03, 2020, 05:49:54 AM
~

Hey @Sherlock.Holmes, regarding our private discussion about the OP design, Are you still interested? I write in here since I didn't understand your last reply and didn't received an answer to my last one.
Let me know if we can work together. Cheers!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 03, 2020, 07:57:48 AM
Quote
why didn't i mined one coin for these days
Because you are not using pools. Now, many users have a choice: solo mine one coin per week or so, or use secret mining pools and mine a fraction of coin every hour and use it off-chain. The pool pressure is getting higher and higher, because of merged mining from other coins and because this coin is quite young, so the initial price will be higher than later. A few months later the difficulty will drop if this coin will follow typical altcoin path, but now it is high and still will be for a while.

Quote
It's not luck at all
It is pure luck with all advantages and drawbacks. It is typical "winner takes all" scheme that you can see in many other coins. If instead everyone will take some fraction of the coin in every block, the pools will quickly disappear. But since writing all small rewards on the blockchain is costly, the off-chain pools are still working fine, creating many unconfirmed transactions that finally will sum up and move single on-chain coins every week or month.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 03, 2020, 08:44:18 AM
Quote
why didn't i mined one coin for these days
Because you are not using pools. Now, many users have a choice: solo mine one coin per week or so, or use secret mining pools and mine a fraction of coin every hour and use it off-chain. The pool pressure is getting higher and higher, because of merged mining from other coins and because this coin is quite young, so the initial price will be higher than later. A few months later the difficulty will drop if this coin will follow typical altcoin path, but now it is high and still will be for a while.

Wasn't the purpose of this coin with its new mining algo to avoid pool monopol? As far as I know 2POW is pool resistant algo. So now what you are saying to me is that apart the fact that 1 single person can mine 50% of the blocks, now I find that pool mining is also possible, even tho they are secret pools or "hidden pools" since they are not secret anymore.

This project gets better and better. JK


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 03, 2020, 09:31:05 AM
Quote
Wasn't the purpose of this coin with its new mining algo to avoid pool monopol?
Yes, it was. But if people are getting their rewards less and less frequently, they will sooner or later join some pools to receive it more frequently. This coin has 18 decimal places. If it is possible to receive 0.1, 0.01 or even 0.001 coin and use it, people will start doing it off-chain, because they want to use this coin now, not a week, month or year later when they will solo mine one coin.

Quote
As far as I know 2POW is pool resistant algo.
There is nothing that is fully "pool resistant". It can be just less profitable in the long term. But since for many people having less coins now seems to be more attractive than having more coins later (also because this coin is worth more when there are less coins in circulation), people will go for it.

Quote
1 single person can mine 50% of the blocks
It is always true in all PoW-based systems. In other case, nobody could start mining it alone just after the Genesis Block. The first miner was mining 100% of the first non-genesis block, so it is always possible for one person to mine 50% of the blocks.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on September 03, 2020, 02:11:29 PM
It's dead. It's monopolized by a few miners.It's not luck at all.

I analyzed the 2POW protocol.
In the early days, everyone used CPU mining, as the more nodes, the higher the luck value.
However, since some time, some GPUs have participated in mining, and the power has increased by about 1000 times. The CPU can no longer mined blocks at all, and luck is not so important. Because in the design of 2POW, there is a basic assumption that when the power of all nodes is almost equal, blocks are mined by luck. However, GPU has a performance advantage of 1000 times compared with CPU, this is equivalent to only a few scattered GPUs in the system mining blocks.
Although the system has been monopolized by several GPU miners, I believe that as the number of GPUs increases, the importance of luck will come.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 03, 2020, 03:44:57 PM
It's dead. It's monopolized by a few miners.It's not luck at all.

I analyzed the 2POW protocol.
In the early days, everyone used CPU mining, as the more nodes, the higher the luck value.
However, since some time, some GPUs have participated in mining, and the power has increased by about 1000 times. The CPU can no longer mined blocks at all, and luck is not so important. Because in the design of 2POW, there is a basic assumption that when the power of all nodes is almost equal, blocks are mined by luck. However, GPU has a performance advantage of 1000 times compared with CPU, this is equivalent to only a few scattered GPUs in the system mining blocks.
Although the system has been monopolized by several GPU miners, I believe that as the number of GPUs increases, the importance of luck will come.

I'm not sure if there is GPU mining. If so, can anyone share specific data?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 03, 2020, 08:56:15 PM

I'm not sure if there is GPU mining. If so, can anyone share specific data?

no sherlock, he is strunggle to getting 1 block that taking more  time than before ,  that why he said there is GPU miner on chain while network has over 10,000 node that im sure and per day block are only 4000+ block but  im still getting some block mining with my old CPUs, if there is GPU miner, i belive ill not getting any block and the diff wiill be 100x high than current diff.


I'm really sorry, I haven't seen your specific implementation plan, there is only a token plan. I don't know how you want to do bounty now.
you can give a specific implementation plan, such as what kind of activities to do, what way to motivate users, how many tokens are needed, what goals to accomplish, and how to manage tokens. Otherwise, I will pay you the token directly, which is unfair to other users in the community.

If you have a good bounty implementation, i hope you to disclose the information here in time, if it is a real and effective bounty, we will definitely pay the token under everyone’s supervision.

Thank you.

im sending you new mail regarding the bounty plan and how much token are needed for the bounty.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: summercat on September 04, 2020, 02:28:09 AM
It's dead. It's monopolized by a few miners.It's not luck at all.

I analyzed the 2POW protocol.
In the early days, everyone used CPU mining, as the more nodes, the higher the luck value.
However, since some time, some GPUs have participated in mining, and the power has increased by about 1000 times. The CPU can no longer mined blocks at all, and luck is not so important. Because in the design of 2POW, there is a basic assumption that when the power of all nodes is almost equal, blocks are mined by luck. However, GPU has a performance advantage of 1000 times compared with CPU, this is equivalent to only a few scattered GPUs in the system mining blocks.
Although the system has been monopolized by several GPU miners, I believe that as the number of GPUs increases, the importance of luck will come.


It's  said that argon2d is anti-GPU, luck uses the argon2d algorithm, how can it be  GPU, if it is not GPU, I am curious what it will be?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 04, 2020, 06:03:01 AM
Quote
argon2d is anti-GPU
It is no longer true, there are many miners that allow GPU mining using argon2d. More explanation here: https://www.reddit.com/r/garlicoin/comments/7wf3m6/argon2d_is_gpu_resistant/dyrir63/?utm_source=reddit&utm_medium=web2x&context=3

Currently, the most GPU/ASIC resistant functions are probably yescrypt-based. But in reality, there is no such things like "ASIC-resistance". People are not building ASIC machines for such algorithms, because now it is not profitable yet. But when some altcoins will be worth more, they will be created sooner or later. And the only defense in all such cases is changing an algorithm, but it possibly leads to creating a new coin.

GPU resistance is regularly broken on many algorithms, because it is easier to get some GPU hardware and write some code than create some ASIC device from scratch.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ericrazevsky26 on September 05, 2020, 01:03:15 AM
interesting project


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on September 05, 2020, 01:17:49 AM
Quote
argon2d is anti-GPU
It is no longer true, there are many miners that allow GPU mining using argon2d. More explanation here: https://www.reddit.com/r/garlicoin/comments/7wf3m6/argon2d_is_gpu_resistant/dyrir63/?utm_source=reddit&utm_medium=web2x&context=3

Currently, the most GPU/ASIC resistant functions are probably yescrypt-based. But in reality, there is no such things like "ASIC-resistance". People are not building ASIC machines for such algorithms, because now it is not profitable yet. But when some altcoins will be worth more, they will be created sooner or later. And the only defense in all such cases is changing an algorithm, but it possibly leads to creating a new coin.

GPU resistance is regularly broken on many algorithms, because it is easier to get some GPU hardware and write some code than create some ASIC device from scratch.
you just did some quick googles and jumped to a false conclusion.
Luck uses argon2id (not argon2d) with heavy parameters that makes GPU almost equivalent to CPU. To be detailed, memory cost is 64mb, parallelism cost is 4, time cost is 2. Other argon2 projects can be mined by GPU because they use lightweight parameters, such as memory cost is only 1mb. You can test it for yourself, or ask a real expert about this.
Plus, for mining a block the miners have to do 3 rounds of argon2id. So GPU miner is definitely unrealistic here.
It's dead. It's monopolized by a few miners.It's not luck at all.

I analyzed the 2POW protocol.
In the early days, everyone used CPU mining, as the more nodes, the higher the luck value.
However, since some time, some GPUs have participated in mining, and the power has increased by about 1000 times. The CPU can no longer mined blocks at all, and luck is not so important. Because in the design of 2POW, there is a basic assumption that when the power of all nodes is almost equal, blocks are mined by luck. However, GPU has a performance advantage of 1000 times compared with CPU, this is equivalent to only a few scattered GPUs in the system mining blocks.
Although the system has been monopolized by several GPU miners, I believe that as the number of GPUs increases, the importance of luck will come.
same reply as above. No GPU here. I myself only mine with 4 x i7-6700k and have mined blocks everyday


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 05, 2020, 04:52:52 AM
same reply as above. No GPU here. I myself only mine with 4 x i7-6700k and have blocks everyday

Hey mate!
What do you mean by blocks everyday? You hit 1-2-5 or how much?
I am asking this because I mine from 1 single CPU i7-7700 and I didn't got 1 block in 3 days. Maybe is something I do wrong.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on September 05, 2020, 01:16:16 PM
same reply as above. No GPU here. I myself only mine with 4 x i7-6700k and have blocks everyday

Hey mate!
What do you mean by blocks everyday? You hit 1-2-5 or how much?
I am asking this because I mine from 1 single CPU i7-7700 and I didn't got 1 block in 3 days. Maybe is something I do wrong.
Around 3 blocks, I run 4->6 miners in 1 machine, so they can use 100% of my CPU. I use linux.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 05, 2020, 02:45:19 PM
hey dev,

would be great if you could install a SSL cert on the official Luck Website.



Greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 05, 2020, 03:47:12 PM
Around 3 blocks, I run 4->6 miners in 1 machine, so they can use 100% of my CPU. I use linux.

Got it, thanks! Now makes sense. Indeed my Laptop is using only 25-30% of the CPU power, but since I am now a Linux user I need to do some research and to try to run more nodes to have more chances to hit a block once in a while.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 06, 2020, 01:05:00 AM
hey dev,

would be great if you could install a SSL cert on the official Luck Website.

Greetings

We are dealing with it, and the official website may not work properly for a short while.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: FacelessCrypto on September 06, 2020, 01:46:48 PM
I Dont want to say it .. but still.. when a thread is hijacked by newbies... Everyone know the fact.. they are  troll accounts or  what else ?

A newbie in bitcoin talk  ,, talking exceptional well.. is not a newbie in cryptoworld..


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 06, 2020, 03:45:07 PM
I Dont want to say it .. but still.. when a thread is hijacked by newbies... Everyone know the fact.. they are  troll accounts or  what else ?

A newbie in bitcoin talk  ,, talking exceptional well.. is not a newbie in cryptoworld..

you need to check the condition before you you say the threads was attacked by newbie, first the developers is not on discord, that why many people who dont have bitcointalk account creating their account first  time and ask the questions on this threads because the developers are only active anwsering people questions on this threads.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 07, 2020, 03:58:22 AM
Quote
they are  troll accounts or  what else ?
Well, it is not a matter of trolling, it is a matter of gaining more privacy. Reusing bitcoin address is bad for privacy. Reusing bitcointalk account is the same thing. And since sticking to the same account is more and more harmful for privacy, people are using many accounts.

Quote
A newbie in bitcoin talk  ,, talking exceptional well.. is not a newbie in cryptoworld..
Of course. But sticking to the same account is also harmful for quality. Imagine that someone is getting hundreds of merit. Then, it is difficult to talk normally, because people follow authorities and they often do not even consider that some authority is wrong.

Also, it is useful to have some people that still think creating pools is possible. Bitcoin is double spending resistant, so people are constantly trying to double spend coins to prove it is secure enough. Luck is created to be pool resistant, so people will create pools to prove it is inefficient. But since merged mining comes into play, it is always more profitable to get both rewards from solo mining and rewards from pools than getting only rewards from solo mining.

Edit: And about exchange: if this coin is going to get rid of all mining pools, it probably should also get rid of centralized exchanges and be traded at some DEX, for example AtomicDEX from Komodo. Also, Smart Chains can be always detached from Komodo and attached somewhere else, so there is no danger of being "centralized by Komodo".


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 08, 2020, 02:06:48 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: flinger on September 08, 2020, 03:59:47 AM
interesting


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 08, 2020, 08:35:33 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 09, 2020, 05:41:03 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.

Cool! I hope that the 500 LUCK is the commission took by MonsterV, not the bounty fund.
Anyways I do appreciate the fact that there will be a bounty, and I am waiting for the bounty thread to see what's all about.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 09, 2020, 07:17:19 AM

Cool! I hope that the 500 LUCK is the commission took by MonsterV, not the bounty fund.
Anyways I do appreciate the fact that there will be a bounty, and I am waiting for the bounty thread to see what's all about.

im not asking any payment for this bounty, i will consider it as my contributions to luck project, ill waiting the sigature design set be done and the bounty threads will be posted in here, thanks for support.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on September 09, 2020, 07:26:33 AM
im not asking any payment for this bounty, i will consider it as my contributions to luck project, ill waiting the sigature design set be done and the bounty threads will be posted in here, thanks for support.

So you are saying that the 500 is not your payment? Please tell me is not the bounty fund.  ::)
Either way I am also looking forward to see how the bounty will be structured, keep me a spot for Full Member :P


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: autumngrass on September 09, 2020, 07:36:28 AM
No matter what it is, as long as it's beneficial to the luck, we should consider it a good thing and look forward to the signature campaign


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 09, 2020, 07:42:24 AM
The android wallet has been released, and you can download and use it from the official website. Any questions can be replied here, thank you


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptobtcnut on September 09, 2020, 09:17:44 AM
Do you plan to upload the android app on Play Store?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sky-white on September 09, 2020, 02:31:00 PM
othell_rogue & MonsterV
your avatars are the same.  ;D


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on September 10, 2020, 12:55:12 PM
The android wallet has been released, and you can download and use it from the official website. Any questions can be replied here, thank you
Great effort  :) Things are happening so fast


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ericrazevsky26 on September 11, 2020, 04:58:07 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.
please also update your works on Discord. Not so many people go to bitcointalk to check news anymore  ;)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 11, 2020, 03:08:40 PM
I recently checked some logs and noticed that the network is splitted. There are two different chains and some people are still mining the old chain. Is it caused by some hard fork?
Code:
INFO [09-11|16:47:25.912] [LUCK-2POW] Imported new chain segment   blocks=1   txs=0 mgas=0.000 elapsed=382.615ms mgasps=0.000 number=170002 hash=05c8ba…7d2334 age=1m30s    dirty=470.29KiB
INFO [09-11|16:47:33.663] [LUCK-2POW] Deep froze chain segment     blocks=1   elapsed=8.099ms   number=80001  hash=cfcde5…6f4f6c


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Neoterix on September 11, 2020, 07:47:50 PM
othell_rogue & MonsterV
your avatars are the same.  ;D

This is because they are in the same signature campaign from Idena: https://bitcointalk.org/index.php?topic=5266380.0 but in this campaign you can choose from 2 avatars, which is kind of cool.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on September 13, 2020, 06:20:22 AM
I recently checked some logs and noticed that the network is splitted. There are two different chains and some people are still mining the old chain. Is it caused by some hard fork?
Code:
INFO [09-11|16:47:25.912] [LUCK-2POW] Imported new chain segment   blocks=1   txs=0 mgas=0.000 elapsed=382.615ms mgasps=0.000 number=170002 hash=05c8ba…7d2334 age=1m30s    dirty=470.29KiB
INFO [09-11|16:47:33.663] [LUCK-2POW] Deep froze chain segment     blocks=1   elapsed=8.099ms   number=80001  hash=cfcde5…6f4f6c
I think some CPU farms spun up hundreds of machines and leave it then


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 14, 2020, 04:12:27 AM
I recently checked some logs and noticed that the network is splitted. There are two different chains and some people are still mining the old chain. Is it caused by some hard fork?
Code:
INFO [09-11|16:47:25.912] [LUCK-2POW] Imported new chain segment   blocks=1   txs=0 mgas=0.000 elapsed=382.615ms mgasps=0.000 number=170002 hash=05c8ba…7d2334 age=1m30s    dirty=470.29KiB
INFO [09-11|16:47:33.663] [LUCK-2POW] Deep froze chain segment     blocks=1   elapsed=8.099ms   number=80001  hash=cfcde5…6f4f6c
I think some CPU farms spun up hundreds of machines and leave it then

I checked all the seeds and the chain has not been splitted. It may be that there are some problems with the network synchronization of some node, and it has not been synchronized to the latest block.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ericrazevsky26 on September 14, 2020, 10:05:55 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.
hi there, it would be great if you post the progress and marketing plan on discord. Thanks  :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 14, 2020, 02:14:02 PM
i have paid for seeds, please check.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on September 14, 2020, 02:18:10 PM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.
hi there, it would be great if you post the progress and marketing plan on discord. Thanks  :)

agree with it


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Neoterix on September 15, 2020, 05:51:29 AM
hey dev, is there any news about the upcoming bounty campaign? Is still a thing to keep in mind? thank you sir.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ericrazevsky26 on September 15, 2020, 07:51:31 AM
i have paid for seeds, please check.
hello, did you pay for discord community grower? So far people on discord don't know anything about bitcointalk post and vice versa. There are a lot of trades happening over there, but they don't know marketing plan/progress, new version release,...


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 15, 2020, 06:15:23 PM
i have paid for seeds, please check.
hello, did you pay for discord community grower? So far people on discord don't know anything about bitcointalk post and vice versa. There are a lot of trades happening over there, but they don't know marketing plan/progress, new version release,...

what do you mean ? i announced everything in our discord


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on September 16, 2020, 03:19:14 AM
Hello everyone, we have paid 500 LUCK to MonsterV for trial signature campaign for 2 weeks, good luck to luck

0xbac3e5ad14a5111352557560dfe1cf2e46d0d5cf3bba8e72a5

confirmed and received, ill prepared for the bounty threads & signature, 1 legendary spot will reserved by me, thanks for considering the bitcointalk signature bounty sherlock, very happy to work with you.
hi there, it would be great if you post the progress and marketing plan on discord. Thanks  :)

I think MonsterV will take us a big surprise, we just need to be patient.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 16, 2020, 06:13:29 AM
Hey dev,

Could you be so kind and put the discord invite link on the official luck website, please?

Greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Neoterix on September 16, 2020, 08:28:49 AM
Hey dev,

Could you be so kind and put the discord invite link on the official luck website, please?

Greetings

Hey there! You can find the discord link on the OP's bottom. Here it is the invite link: https://discord.gg/TN6XhcD


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: ericrazevsky26 on September 16, 2020, 11:24:13 AM
i have paid for seeds, please check.
hello, did you pay for discord community grower? So far people on discord don't know anything about bitcointalk post and vice versa. There are a lot of trades happening over there, but they don't know marketing plan/progress, new version release,...

what do you mean ? i announced everything in our discord
you are the admin, your role is only for managing stuff.
I was talking about a role that needs to be more active for community growth


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 16, 2020, 09:59:02 PM
Hey dev,

Could you be so kind and put the discord invite link on the official luck website, please?

Greetings

Hey there! You can find the discord link on the OP's bottom. Here it is the invite link: https://discord.gg/TN6XhcD


Im the luck discord creator and manager ;-)

i didnt asked for the link, i asked for placing the discord on the official website


cheers


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 16, 2020, 10:02:20 PM
i have paid for seeds, please check.
hello, did you pay for discord community grower? So far people on discord don't know anything about bitcointalk post and vice versa. There are a lot of trades happening over there, but they don't know marketing plan/progress, new version release,...

what do you mean ? i announced everything in our discord
you are the admin, your role is only for managing stuff.
I was talking about a role that needs to be more active for community growth

my role isnt ONLY for managing, its a lot more
feel free to participate in community growth, im sure nobody has anything against it   ;)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: MonsterV on September 17, 2020, 09:27:06 AM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: cryptobtcnut on September 18, 2020, 09:20:19 AM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.

Why aren't you wearing Luck signature set?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Neoterix on September 18, 2020, 10:11:46 AM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.

What are the ranks you are talking about? Sr. Member, Hero, Legendary? or which one is the lowest. I am asking this because I saw many bounties with Hero and Legendary counted as the same.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: summercat on September 18, 2020, 10:16:19 AM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.


I think you should do your promotion first instead of applying for a bonus from the dev . If the community sees your efforts, I think everyone will be willing to support your promotion


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 19, 2020, 04:49:01 PM
hey there,

i just want to let everybody know that i started a community fund for the listing on qtrade a while ago.

we have successfully reached the goal. i did the listing process with qtrade and finally tomorrow (Sunday) Luck will get listed on qtrade.io if nothing interrupts it

wish you all happy trading


greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 20, 2020, 07:08:31 AM
deposits on qtrade are already open, trading will start at 2 pm CST today approx


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 20, 2020, 07:21:52 PM
hey there luck community,


LUCK is now live trading on qtrade, check it out ;-)


Greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 21, 2020, 04:02:43 PM
Quote
LUCK is now live trading on qtrade, check it out
It works fine, I sold everything and got more coins than expected. Bears are selling, price is falling, maybe few months later it will start rising, but assuming typical altcoin path, it is around ATH now.

For now, mining in pools gave me more coins than solo, so I still think it failed at being pool-resistant. But I still have hope that it will be improved in the future.

By the way: if 0x43279b62de44e079d3516c7ad6e87d89a0cf5b9e8bcdef976b is qtrade address, they are holding above 50,000 coins now (even more than remaining premine!). So it also failed here, being listed on centralized exchanges first.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 21, 2020, 04:05:27 PM
hey there,

we started a little bounty campaign, join the luck discord for further informations.

https://discord.gg/TN6XhcD (https://discord.gg/TN6XhcD)


Luck also now has an official twitter account: https://twitter.com/Luck2Pow (https://twitter.com/Luck2Pow)



Greetings


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on September 22, 2020, 11:30:55 AM
Quote
LUCK is now live trading on qtrade, check it out
It works fine, I sold everything and got more coins than expected. Bears are selling, price is falling, maybe few months later it will start rising, but assuming typical altcoin path, it is around ATH now.

For now, mining in pools gave me more coins than solo, so I still think it failed at being pool-resistant. But I still have hope that it will be improved in the future.

By the way: if 0x43279b62de44e079d3516c7ad6e87d89a0cf5b9e8bcdef976b is qtrade address, they are holding above 50,000 coins now (even more than remaining premine!). So it also failed here, being listed on centralized exchanges first.
is there a mining pool for LUCK?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 22, 2020, 01:57:50 PM
Quote
is there a mining pool for LUCK?
Yes, there are some hidden mining pools. It is difficult to detect them, because they send shares in a P2P network only between pool nodes. For example currently I can earn one block per ~40 days when solo mining and 0.001 coins per ~hour in pool. Mining on-chain blocks is getting more and more difficult, so people are sharing some easier blocks off-chain. Also, since merged mining require no additional computing power, it is profitable to both solo mine and in pool at the same time. Everyone just creates blocks as usual: if it meets on-chain difficulty, it is shared on-chain. If it meets pool difficulty (around 1000x easier now, but it depends on node settings), it is shared off-chain.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: x23a1s on September 22, 2020, 03:54:25 PM
Quote
is there a mining pool for LUCK?
Yes, there are some hidden mining pools. It is difficult to detect them, because they send shares in a P2P network only between pool nodes. For example currently I can earn one block per ~40 days when solo mining and 0.001 coins per ~hour in pool. Mining on-chain blocks is getting more and more difficult, so people are sharing some easier blocks off-chain. Also, since merged mining require no additional computing power, it is profitable to both solo mine and in pool at the same time. Everyone just creates blocks as usual: if it meets on-chain difficulty, it is shared on-chain. If it meets pool difficulty (around 1000x easier now, but it depends on node settings), it is shared off-chain.

it seems you basically dont understand what the sense of luck is right ?

it whole idea behind luck is to stop mining pools. and no one exist.

that are just big guys with bunch of nodes, not more

hashrate has no big factor on luck, only node amount



Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on September 23, 2020, 04:29:06 AM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.

i have already paid your additional fee, and i hope you will start the signature campaign as soon as possible, thank you


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Neoterix on September 23, 2020, 12:42:47 PM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.

i have already paid your additional fee, and i hope you will start the signature campaign as soon as possible, thank you

thanks for the additional credits Sherlock, I hope Members can participate too in the signature campaign. when it starts?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on September 29, 2020, 07:00:23 PM
My new article from discord bounty: Two-phase-proof-of-work as a solution to mining pools? (https://www.publish0x.com/vjudeu/two-phase-proof-of-work-as-a-solution-to-mining-pools-xrommel)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on October 01, 2020, 02:47:31 PM
For everyone who waiting the signature bounty, the signature set is already designed, but from what i saw on this threads you're really waiting for the bounty , but current allocated coin for trial signature bounty is only enough for 3 higher rank, im requesting more luck to have more opportunity for low rank member to participants with us, lets see if dev will give more token for the bounty to get massive feedback from community.

i have already paid your additional fee, and i hope you will start the signature campaign as soon as possible, thank you
Hi dev, do you have any plan to do something more in the near future?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on October 10, 2020, 03:48:43 PM
Hello everyone.
After a period of running, the current mining of luck should have been monopolized by FPGA, which obviously goes against the original intention of luck.
Consider the future of luck, we are planning to change luck's mining algorithm from argon2d to RandomX (the hash function used by the Monero project). According to our research, RandomX is only CPU mining, FPGA has no advantage over CPU. The upgrade may be carried out recently. Please pay attention to it, thank you.
In addition, who have a deep understanding of the CPU mining algorithm, please share more experiences about the mining algorithm, and provide more suggestions, thank you.
Good luck to luck.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on October 11, 2020, 08:21:22 AM
Another hard fork? Ouch. Why changing algo to RandomX and not something yescrypt-based? As far as I know, small CPU miners are mining many yespower-based coins. If it would be possible to mine Monero using CPU, I would do it since I heard about this coin. Also, another problem is that it is now impossible to get less than blockReward coins without using pools. And I think that is the main reason why pools are created: people joined Bitcoin pools not because algo was unfriendly, but because mining 50 coins was getting more and more difficult.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: sgaragagghu on October 11, 2020, 08:30:47 AM
Hello everyone.
After a period of running, the current mining of luck should have been monopolized by FPGA, which obviously goes against the original intention of luck.
Consider the future of luck, we are planning to change luck's mining algorithm from argon2d to RandomX (the hash function used by the Monero project). According to our research, RandomX is only CPU mining, FPGA has no advantage over CPU. The upgrade may be carried out recently. Please pay attention to it, thank you.
In addition, who have a deep understanding of the CPU mining algorithm, please share more experiences about the mining algorithm, and provide more suggestions, thank you.
Good luck to luck.
Good!

Another hard fork? Ouch. Why changing algo to RandomX and not something yescrypt-based? As far as I know, small CPU miners are mining many yespower-based coins. If it would be possible to mine Monero using CPU, I would do it since I heard about this coin. Also, another problem is that it is now impossible to get less than blockReward coins without using pools. And I think that is the main reason why pools are created: people joined Bitcoin pools not because algo was unfriendly, but because mining 50 coins was getting more and more difficult.
Monero is CPU only, but there are botnet and mining farm that are mining it, so it is hard to mine...
About the block reward, with pool this coins is useless since its only purpose was to not have pools  ;D
Block reward is already 1LUCK for this purpose (I think).
Let's see!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on October 11, 2020, 09:00:01 AM
Quote
Block reward is already 1LUCK for this purpose (I think).
It has 18 decimal units, the smallest unit is 0.000000000000000001 coin, so it is possible to give everyone something smaller than blockReward.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on October 13, 2020, 06:22:06 AM
Another hard fork? Ouch. Why changing algo to RandomX and not something yescrypt-based? As far as I know, small CPU miners are mining many yespower-based coins. If it would be possible to mine Monero using CPU, I would do it since I heard about this coin. Also, another problem is that it is now impossible to get less than blockReward coins without using pools. And I think that is the main reason why pools are created: people joined Bitcoin pools not because algo was unfriendly, but because mining 50 coins was getting more and more difficult.
What is wrong with you?
The main purpose of this coin is to avoid pool mining. You just go here and keep saying "we need a pool to receive <blockReward"?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on October 13, 2020, 06:36:55 AM
Hello everyone.
After a period of running, the current mining of luck should have been monopolized by FPGA, which obviously goes against the original intention of luck.
Consider the future of luck, we are planning to change luck's mining algorithm from argon2d to RandomX (the hash function used by the Monero project). According to our research, RandomX is only CPU mining, FPGA has no advantage over CPU. The upgrade may be carried out recently. Please pay attention to it, thank you.
In addition, who have a deep understanding of the CPU mining algorithm, please share more experiences about the mining algorithm, and provide more suggestions, thank you.
Good luck to luck.
RandomX is good. A lot of projects already prove that RandomX is CPU-friendly, no need to debate about it here.
Please consider tuning the parameters so that medium-spec machines can run it well, if you put the parameters too high, it may slow down the node syncing speed.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on October 13, 2020, 09:29:01 AM
~

RandomX is good to restrict FGPA miners, but the main issue is pool mining as some users stated earlier, there are private mining pools. I don't know if this is true, tho.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on October 13, 2020, 10:42:20 AM
Quote
What is wrong with you?
The main purpose of this coin is to avoid pool mining. You just go here and keep saying "we need a pool to receive <blockReward"?
Nope, I am only trying to say that creating pools is still possible, so we should do something to allow receiving "<blockReward" without pools. In other cases, sooner or later many people will start using pools, simply because it is more profitable to mine something smaller now than mine something bigger later (also because I sold my coins at 10k sats per coin, now 1k sats per coin is typical price, so having any coins before was far more profitable than having even twice more coins now).


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on October 18, 2020, 03:19:53 PM
Hi devs, if this project is dead or you don't want to develop it anymore, please make an announcement so everybody won't waste time checking.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on October 19, 2020, 02:17:29 AM
Hi devs, if this project is dead or you don't want to develop it anymore, please make an announcement so everybody won't waste time checking.

Sorry to trouble you
If all goes well, the next upgrade will be carried out around November 5th (mining algorithm will be changed), we will notify on the official website 1 week in advance.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: othell_rogue on October 19, 2020, 04:30:45 PM
Hi devs, if this project is dead or you don't want to develop it anymore, please make an announcement so everybody won't waste time checking.

Sorry to trouble you
If all goes well, the next upgrade will be carried out around November 5th (mining algorithm will be changed), we will notify on the official website 1 week in advance.

Thanks for the heads-up dev. I will be watching the website, but please stop by in here and give us an update into this thread too. Cheers!


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on October 21, 2020, 11:02:12 AM
Hi devs, if this project is dead or you don't want to develop it anymore, please make an announcement so everybody won't waste time checking.

Sorry to trouble you
If all goes well, the next upgrade will be carried out around November 5th (mining algorithm will be changed), we will notify on the official website 1 week in advance.
Great! glad to see your response  :)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on November 17, 2020, 10:20:58 AM
Hello

The update has been released and the new algorithm (RandomX) will take effect at block height 388000. You only need to download the newest windows/Linux wallet before the new algorithm takes effect.

In addition, the new node needs to be initialized when it starts up, the process will last for 5-7 minutes, just wait.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: qwwq010 on November 17, 2020, 03:14:14 PM
When will the new wallet be updated?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: qwwq010 on November 17, 2020, 03:22:26 PM

Where to see the power of calculation?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: garlonicon on November 18, 2020, 04:09:26 PM
Quote
Where to see the power of calculation?
You can get it directly from your node, for example:
Code:
#!/bin/sh
./luck attach ~/.luck/luck.ipc --exec 'for(var i=0;i<fort.blockNumber;++i){console.log(fort.getBlock(i).totalDifficulty);}'
This command will print totalDifficulty for each block. You can save it to some text file and draw some chart using Excel or any other software.

Edit: currently it looks like that, but I hope it will change after hard fork: https://i.postimg.cc/zXhHq8NM/total-Difficulty.png (https://postimg.cc/mtbgwxtN)


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on November 19, 2020, 02:57:19 AM
Quote
Where to see the power of calculation?
You can get it directly from your node, for example:
Code:
#!/bin/sh
./luck attach ~/.luck/luck.ipc --exec 'for(var i=0;i<fort.blockNumber;++i){console.log(fort.getBlock(i).totalDifficulty);}'
This command will print totalDifficulty for each block. You can save it to some text file and draw some chart using Excel or any other software.

Edit: currently it looks like that, but I hope it will change after hard fork: https://i.postimg.cc/zXhHq8NM/total-Difficulty.png (https://postimg.cc/mtbgwxtN)

you do a good job. but i think luck value is more important than power.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on November 19, 2020, 08:58:52 AM
hello
we just upload a new wallet to the website, someone who can't sync needs to download the newest wallet, clear the luck-data directory, and restart it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on November 20, 2020, 04:54:56 PM
Quote
but i think luck value is more important than power
It depends. For now, it seems we have two different chains. I expected that this coin will repeat many Ethereum's mistakes, because most source code is exactly the same, but didn't expect it will follow Ethereum that strict. Now we have two coins: Luck and Luck Classic, it seems that many nodes are still refusing to update their software. That's one of the reason why hard forks are harmful, they can be simply rejected by not updating.

I still wonder if qTrade is updated or not, I will check it out if I will mine something.

Edit: qTrade still supports Luck before forking, so sticking with Luck Classic may be good for trading. Anyone want to swap coins between Luck and Luck Classic with me? Also, if you can mine any of these coins, you can split them by using coinbase properly. On one network such transaction will be valid, but on another it will fail, because it will refer to a block after fork, that is not valid in another network. So, all you need is just spending coins from any block generated after the fork, then both coins will be splitted.

Edit:
Quote
We have checked that there are some instabilities in the synchronization block after update. The block explorer is unavailable, and the specific problem is being located.

Please don't do transactions these days.
Why not? If people wants to buy and sell Luck Classic, there is no reason to stop them. We reached 400,000 blocks in Luck Classic and almost the same in Luck. Since block 388,000 there are thousands of blocks that are different in both networks. You won't revert that, if you will attack any of these two networks, it will be the biggest attack ever! It would then mean that even 150 confirmations is not sufficient to get irreversible transactions. You forked your own coin without any signalling for hard fork or even checking what will happen if most nodes won't update (and miners have no reasons to update, if they will get less Luck than Luck Classic, assuming 1:1 price ratio). You could release a new version that would produce different extraNonce by default, that was all needed to count how many users will upgrade their nodes. But now, it is too late, there are two different networks and we all have to deal with it.

Edit: Here is my proposal, maybe it will help making the situation better than it currently is: https://github.com/vjudeu/LIPs


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on November 23, 2020, 12:49:54 PM
hello
After block #388000, algorithm has been upgraded to RandomX, the system began to have some problems such as synchronization, and as the number of new nodes increased and the blocks mined by the new algorithm increased, the synchronization became more and more unstable. According to our analysis, the RandomX use a mutual lock when calculating the hash value, and it takes about 1.5 seconds to calculate the hash value. When the number of nodes increases and the number of blocks that need to be synchronized increases, the instability of the system is dramatic increase.

From a long-term perspective, we still need to upgrade luck's algorithm, and the specific possible upgrade plan needs to be decided by everyone. Let me briefly talk about our thoughts, because the capacity consensus mechanism adopted by the POC mechanism naturally has the conditions to eliminate ASICs. If we change the design of 2POW to 2POC, which not only combines the advantages of POC, but also does not change the original intention of anti-pools, it may be a reasonable solution.

There are two solutions to the current problems caused by RandomX.

1 Export all the data before block #388000 and publicize it, and the system will stop. Until the new mechanism is implemented, the system restarts and sends the coins to the previous addresses through pre-mining.

2 We found that some nodes continue to use the old algorithm for mining after the block #388000. We will continue to keep the old algorithm for mining for the time being and close the algorithm RandomX. Until the new mechanism is implemented, it will be upgraded again through a hard fork.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on November 23, 2020, 04:47:21 PM
Quote
and the system will stop
If it is possible to remotely stop the system by shutting down nodes, it would mean it is not truly decentralized. Because if it can be stopped now, it could be stopped in the future by any attacker, just by using the same methods. And it would mean that in the future someone could have an incentive to break something and convince people to such "temporary shutdown" for profit, because any split doubles money and the later it happens, the more coins are doubled, because more coins are mined in both chains.

Quote
Until the new mechanism is implemented, the system restarts and sends the coins to the previous addresses through pre-mining.
There is no need to compress such data (because this approach is nothing else than compression of 388,000 blocks into one). Building on top of existing chain is easier and more transparent than creating one block which will give everyone some coins "out of nothing".

Quote
We will continue to keep the old algorithm for mining for the time being and close the algorithm RandomX.
Keeping the old chain is good idea, because it works and is correctly handled by exchange, but why do you want to stop the new chain? It is unstable, so it may be used just as a new testnet. There are some nodes that upgraded to it, they will have an incentive to install the newest version, because then they will get more stable version. And in this way it will be also possible to check if interactions between different versions won't cause any more problems than we currently have. And when this new chain will be stable, both chains should be joined at some block, ideally after enough miners will signalize support for the newest version in their extraNonces on both chains and you will send special transaction, after which new rules will be activated on both chains at the same time, ideally at the same block height.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: stas333 on November 23, 2020, 11:09:08 PM
hello
After block #388000, algorithm has been upgraded to RandomX, the system began to have some problems such as synchronization, and as the number of new nodes increased and the blocks mined by the new algorithm increased, the synchronization became more and more unstable. According to our analysis, the RandomX use a mutual lock when calculating the hash value, and it takes about 1.5 seconds to calculate the hash value. When the number of nodes increases and the number of blocks that need to be synchronized increases, the instability of the system is dramatic increase.

From a long-term perspective, we still need to upgrade luck's algorithm, and the specific possible upgrade plan needs to be decided by everyone. Let me briefly talk about our thoughts, because the capacity consensus mechanism adopted by the POC mechanism naturally has the conditions to eliminate ASICs. If we change the design of 2POW to 2POC, which not only combines the advantages of POC, but also does not change the original intention of anti-pools, it may be a reasonable solution.

There are two solutions to the current problems caused by RandomX.

1 Export all the data before block #388000 and publicize it, and the system will stop. Until the new mechanism is implemented, the system restarts and sends the coins to the previous addresses through pre-mining.

2 We found that some nodes continue to use the old algorithm for mining after the block #388000. We will continue to keep the old algorithm for mining for the time being and close the algorithm RandomX. Until the new mechanism is implemented, it will be upgraded again through a hard fork.
we can switch to yespower algorithm


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on November 24, 2020, 08:55:53 AM
Quote
we can switch to yespower algorithm
I proposed it before and my idea was rejected. As long as the chosen algorithm will be stable and different from other coins to prevent merged mining, it does not matter that much. If people still think we should go for RandomX, I have nothing against it, if it will be stable.

Also, we could use Proof of Capacity if I correctly see what "POC" means. Why not, whatever hard fork will be created, it will change everything dramatically, one more change won't hurt the coin as long as enough nodes will upgrade. This time it should be somehow measured, maybe by extraNonce in mined blocks or anything else, because activating new rules without enough upgraded nodes will definitely cause another split.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on December 25, 2020, 06:34:22 AM
Luck-2poc is about to enter the testing phase and is now recruiting hard disk miners.

Luck-2poc is an upgraded version of Luck-2pow. As for why need to upgrade, the reasons are as follows:

1. Luck-2pow's community and miners are very good participants. As the value of luck gets higher and higher, it has attracted the attention of GPU professional miners. GPU participation monopolizes computing power and harms the interests of cpu miners. In order to protect the interests of the community, Luck-2pow once chose to upgrade the argon2d algorithm to the randomx algorithm.
2. As the Luck-2pow algorithm is upgraded to RandomX, the system begins to have synchronization difficulties, and as the number of new nodes increases and the blocks mined by the new algorithm increase, synchronization becomes more and more unstable. According to engineering and theoretical analysis, randomX uses a mutex Lock when calculating the hash value, and it takes about 1.5 seconds to calculate the hash value. When the number of nodes increases and the number of blocks that need to be synchronized increases, the instability of the system will increase dramatically. Then Luck-2pow is suspended.

In order to protect the interests of the Luck-2pow community and miners, Luck-2pow was upgraded to Luck-2poc again. The reason is: Luck-2poc uses hard disk capacity for mining, in principle, GPU computing power monopoly will not be formed; in order to protect the interests of community miners, we have made a promise: We will give the same amount of Luck-2poc compensation to the accounts that holding Luck-2pow before the block 388,000. At the same time, rewards will be given to miners who participate in the Luck-2poc mining test. The reward mechanism is as follows:

1. Recruit new hard disk miners and give test rewards;
2. Users who sign up for participation are tentatively scheduled for 50 accounts. The first 20 registered miners will be rewarded with 800 tokens for each account; the remaining 30 registered miners will be rewarded with 400 tokens.;
3. Registration: Email to Sherlock.Holmes.luck@protonmail.com.
4. Test time: January 15, 2021
5. Test cycle: 2 weeks


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on December 25, 2020, 10:47:26 AM
1. Testnet or prenet? If testnet is created and destroyed before mainnet, it is called prenet (as it was in Bitcoin before Genesis Block in October 2008). So, will test coins be destroyed after testing or not?
2. Why registration by email? What was wrong with "binaries on website, sources on GitHub" release scheme?
3. Will everyone receive the same version? When getting binaries/sources by email, users can never be sure if someone else has some "better version". You could as well send everyone some unique version. There is no way of checking what other people received. Will we receive binaries only or also with source code?
4. Usually testnet coins receive less attention, as they are worthless and some people are waiting for mainnet (especially when there are lots of competing altcoins over there). Why limit that interest even more and release only by email, sending every version to every user by hand? Most recent problems were related to the network congestion, the more users will be there, the better tested software we will have.

I still have doubts, but I am ready to try it out, so I sent you mail.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: garlonicon on December 25, 2020, 11:16:21 AM
I also have many doubts, for example will there be any replay protection? Because there are thousands of blocks mined after block 388,000. Some of them used argon2d, some used RandomX, if they will be replayed on "luck2", it will cause a lot of damage!

Edit: being more specific: the whole blocks cannot be replayed, but transactions from that blocks could. Especially in Ethereum-based coins, where you have account-based system instead of input-based. All standard non-contract transactions are just saying: take X coins from account Y and transfer it to account Z. There should be something preventing from including such transactions in luck2 network.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on December 28, 2020, 03:58:36 AM
1. Testnet or prenet? If testnet is created and destroyed before mainnet, it is called prenet (as it was in Bitcoin before Genesis Block in October 2008). So, will test coins be destroyed after testing or not?
2. Why registration by email? What was wrong with "binaries on website, sources on GitHub" release scheme?
3. Will everyone receive the same version? When getting binaries/sources by email, users can never be sure if someone else has some "better version". You could as well send everyone some unique version. There is no way of checking what other people received. Will we receive binaries only or also with source code?
4. Usually testnet coins receive less attention, as they are worthless and some people are waiting for mainnet (especially when there are lots of competing altcoins over there). Why limit that interest even more and release only by email, sending every version to every user by hand? Most recent problems were related to the network congestion, the more users will be there, the better tested software we will have.

I still have doubts, but I am ready to try it out, so I sent you mail.

Thank you for your attention, :) and I will reply to your questions.
1.This is testet, not prenet. After the mainnet launched, the project will start from the first block.
2.The file of Luck-2poc will be published on GitHub and will be notified to everyone on bitcointalk. As for why email registration is required, it is because our mining method has changed. We don’t know whether luck’s miners hold hard drives, and we also hope that real and reliable hard drive miners will participate in the test.
3.Every miner participating in the test will get the same resources on GitHub. For accounts that participate in the email registration, the data will be included in the test report.
4.Of course, we welcome the participation of hard disk miners. Email registration is to select honest miners, follow up on mining data, and give some token rewards. I believe that once mainnet launched, miners are also looking forward to knowing the test results in order to decide whether to participate.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on December 31, 2020, 12:12:57 PM
Look forward to the change from POW to POC, which will fundamentally eliminate the advantages of GPU.
POC has higher professional requirements for miners.
The current market for POC projects does not seem to be doing well.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: neguinho1 on January 01, 2021, 08:32:33 PM
Look forward to the change from POW to POC, which will fundamentally eliminate the advantages of GPU.
POC has higher professional requirements for miners.
The current market for POC projects does not seem to be doing well.
wallet gui not found????????????????????


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 06, 2021, 02:44:28 AM
Publicity: The test file of Luck-2poc has been released. You can click https://github.com/luck-coin/luckcoin/blob/master/wiki/miner_test.md to view the details.

Recruitment of Luck-2poc test miners is in progress, Luck-2poc official test time: January 15, 2021, test period: 2 weeks.

At present, we have received emails from miners who want to participate in the test, and at the same time, please send us the wallet address and hard disk capacity by email so that we can do data analysis. It is also the basis for later payment of rewards.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 08, 2021, 09:54:13 AM
After Luck-2pow reaches the height of 388000 block, Luck-2pow will be upgraded to Luck-2poc. In order to protect the interests of the Luck-2pow community and miners, we will make equal compensation for the address holding luck-2pow after luck-2poc launched.

When the block height reaches 388000, these accounts have Luck-2pow, if you have any questions, please email us in time.

The holding accounts are as follows:https://github.com/luck-coin/luckcoin/blob/master/wiki/luck-2pow.md


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AkameXKurome on January 08, 2021, 12:52:50 PM
i have 600 luck in my old wallet, what will happend if the chain restart ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: coinlatte on January 14, 2021, 08:49:18 AM
How to run miner.startPlot command? Could you give some working example? It seems that the last two arguments have to be strings and I don't know how should I type them, as this method returns false for everything I tried so far.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 14, 2021, 09:14:07 AM
The testnet of luck2-2poc has been deployed, and the test wallet has been published to the official website.
For some issues we have received by emails, we reply as follows:

1 Whether the test supported to windows system?
This testnet mining is only for linux machines, and windows will be provided after the mainnet launched.

2 Why do i need a hard drive of 1T and above?
The principle of the POC consensus mechanism is to write a large number of hash values ​​in the hard disk in advance, and this process is called plotting. When mining, it searches the hard disk for "answers" instead of consuming a lot of calculations. 2POC as an upgrade of the POC consensus, still requires plotting.
At present, our optimization has reduced the consumption of some hard disks. In theory, hard disks with more than 256GB can also participate in mining, compared with large-capacity hard disks, there may be a slight disadvantage.

3 Is there a difference in wallet address between luck2-2poc and luck-2pow? Is there any replay protection?
Luck2-2poc and luck-2pow use the same format on the wallet address. luck2-2poc realizes the replay protection of transactions by setting different chainID.

4 What do the holders of luck-2pow need to do in luck2-2poc?
At present, luck2-2poc and luck-2pow use the same format on the wallet address, but different networks, so you only need to save the keystore file and private key. The same address will receive the same token compensation after the luck2-2poc mainnet launched.

5 How to participate in the test?
Please refer to the introduction in https://github.com/luck-coin/luckcoin/blob/master/wiki/miner_test.md.

6 How do the accounts participating in the test get rewards in the mainnet?
We give priority to the 800 rewards for the 20 addresses that register first, and 400 rewards for the 30 addresses that register subsequently. For registered addresses, if there is no mining record in the test network, the corresponding rewards will be cancelled.
At present, we have received some test registration emails. We have been waiting for your registration and participation before the test is completed.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 14, 2021, 09:19:54 AM
How to run miner.startPlot command? Could you give some working example? It seems that the last two arguments have to be strings and I don't know how should I type them, as this method returns false for everything I tried so far.

for example
miner.startPlot("0x5f7c7d777de1f62bc7bcae425a136df52b858fa84e31e64bf5",0,"256MB","256GB")


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 15, 2021, 02:47:38 AM
some users have emailed to us, the node has not synchronized blocks. This is because we have updated wallets. Please download the latest linux wallet through the official website to participate in the test. thank you.

If you have completed plotting, you only need to update the wallet software, no need to repeat plotting.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: coinlatte on January 15, 2021, 07:44:43 AM
Now, plotting function returns true, but there are no files in the plotting directory. Also, is it possible to connect through Tor? I am guessing that if I am not connected, plotting will not start. I can see zero peers in console messages, so I am guessing that is the root of my problems.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 15, 2021, 08:16:19 AM
Now, plotting function returns true, but there are no files in the plotting directory. Also, is it possible to connect through Tor? I am guessing that if I am not connected, plotting will not start. I can see zero peers in console messages, so I am guessing that is the root of my problems.


1、You should update your wallet first;
2、in your console,If you see {"code":0,"msg":"ok","current":10,"total":500,"name":"xxxxxx_xxxxx_xxxxx"},plotting is ok. else you should check your  plotting directory.
 
 
 


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: coinlatte on January 17, 2021, 05:21:50 PM
Now it works, but as I have less than 1 TB, I didn't mine any block so far.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on January 17, 2021, 09:31:38 PM
I tried it with my setup that may sound silly, but still, I think we should expect such use cases in practice. So, I plotted 1 GB of my unused disk space (the rest is allocated for many different coins and other stuff), I chose 1 MB files, so there are 1024 pieces. As far as I can see, there are only a few blocks, between 10 and 20 in the whole network. There are just a few miners that own single coins, the rest consists of old coins from the first version of luck. Probably, only people with 1 TB or bigger hard disks mined anything so far in luck2.

So, if 1 TB is a must to mine something, I wonder how long it would take to form another kind of pool here. Now, the situation is as follows: those who has huge hard disks can mine anything and those who doesn't have won't solve a block or will have to wait for a very long time to get their first block. Conclusion: I expect that people having small unused hard disks on some Raspberry Pi devices, USB sticks and similar, will sooner or later create a pool. Then, 1024 miners having 1 GB each will form a pool with 1 TB storage. And then, each miner will receive 0.001 coin (or 0.00099 if we consider 1% fee for mining pool).

Again, as I said previously: from my perspective the problem is not in the mining algorithm. It is important of course, it decides what is and what isn't profitable. But the whole thing is about receiving something below block reward. I will repeat it again: if it would be possible for me to receive one satoshi per day, I would start using my CPU to mine Bitcoin and maybe leave all altcoins behind if it turns out to be more profitable to stick just with Bitcoin.

Going from Proof of Work to Proof of Stake solved some problems. We placed our coin in some kind of niche where there is not that much miners using similar consensus. So, we can expect it would take some time until big miners will come here. I still expect that most mining will be done on big server farms, where 1 TB storage is quite negligible and where that amount of data is produced daily.

To sum up: I don't expect any profits from solo mining, but maybe I will be active as an user of such coins. I think users should not have enormously big hard drives, assuming than they would want to run some kind of luck2 app on their smartphones and create transactions in this way. As this coin survived after failed hard-fork, I expect it still has some potential. I also noticed that deposits and withdrawals are active again on qTrade, are they sticking with the old chain, is it some kind of bug, are they playing with test coins, or something completely different is going on? I think that if someone paid for listing luck on qTrade, that should be handled as soon as possible.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 18, 2021, 09:18:45 AM
In response to the two days of testing and after technical discussions with the test miners, the following adjustments will be made to the test:
Without reducing the security of the system, the hard disk capacity requirement of a single node is reduced from more than 1T to between 10G-60G to meet the needs of a wider range of miners. Of course, larger capacity will bring additional, less obvious advantages.
The system for adjusting parameters is currently being tested, and the test chain will be restarted within 1 day.

In addition, the technical problems encountered by some miners during the plotting process are shared as follows:
1 Crash occurred during ploting.
Some miners perform plotting on multi-core machines and set the size of a single file to be too large, which leads to insufficient memory during the plotting process and crashes.
If crash occurs, it is recommended to delete all the hash files in the plotting directory and reset the parameters for plotting.

2 Cannot mine normally after plotting ends
There are two possible reasons for the failure of mining after plotting.
2.1 The wallet address used in the plotting process is inconsistent with the mining process.
2.2 Insufficient hard disk capacity.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: minerja on January 18, 2021, 10:49:12 AM
Hi Dev,

Can you please post latest links to Windows / Linux compiled wallets and explorer.
(Might be a good idea to stick them on the first page also)
Thanks


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AllForOneA41 on January 18, 2021, 06:00:18 PM
Any deadline for mainnet ?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 19, 2021, 12:24:32 PM
The test chain has been restarted, and the hard disk capacity requirements have been reduced to between 10G-60G. Please download the latest wallet from the official website and start mining again. The nodes that have been plotting do not need to re-plotting.


Any deadline for mainnet ?

If everything goes well, the mainnet will be launched in early February.


Hi Dev,

Can you please post latest links to Windows / Linux compiled wallets and explorer.
(Might be a good idea to stick them on the first page also)
Thanks

Good suggestions.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: neguinho1 on January 19, 2021, 12:33:05 PM
I'm waiting for the wallet too ??? ???


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 19, 2021, 01:21:24 PM
I'm waiting for the wallet too ??? ???

you can download the latest linux wallet at https://lucknet.club/wallets-luck2-test/luck2

For detailed usage, please see https://github.com/luck-coin/luckcoin/blob/master/wiki/miner_test.md


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: neguinho1 on January 19, 2021, 01:30:10 PM
I'm waiting for the wallet too ??? ???

you can download the latest linux wallet at https://lucknet.club/wallets-luck2-test/luck2

For detailed usage, please see https://github.com/luck-coin/luckcoin/blob/master/wiki/miner_test.md
windows I'm not familiar with linux


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on January 19, 2021, 02:57:06 PM
Quote
windows I'm not familiar with linux
Just use some virtual machine with some linux and run your miner from there. By the way, running miners on virtual machines is in general a good idea, because then you have full control over your resources and for example avoid burning your CPU if some suspected app will bypass some safety limits. More than that: because source code is not available yet, using virtual machine is also a good idea to be more secure against potentially malicious versions.

And if you don't want to run virtual machine, you can also use Windows Subsystem for Linux (WSL), it should also work.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 26, 2021, 09:22:23 AM
I'm waiting for the wallet too ??? ???

you can download the latest linux wallet at https://lucknet.club/wallets-luck2-test/luck2

For detailed usage, please see https://github.com/luck-coin/luckcoin/blob/master/wiki/miner_test.md
windows I'm not familiar with linux

The Windows GUI of the testnet will be released within 2 days.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on January 27, 2021, 02:43:58 PM
At present, luck2-2POC's testnet is relatively stable. We have released the Windows GUI version of the mining program on the website. The testnet is still in progress. Welcome to to join in the test.
As the requirements for hard disks are reduced to 10G-60G, you do not need to carry hard disk capacity information when sending emails.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: tarsmozirko22 on February 07, 2021, 01:38:36 PM
At present, luck2-2POC's testnet is relatively stable. We have released the Windows GUI version of the mining program on the website. The testnet is still in progress. Welcome to to join in the test.
As the requirements for hard disks are reduced to 10G-60G, you do not need to carry hard disk capacity information when sending emails.
any ETA for the mainnet?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on February 08, 2021, 03:13:50 AM
Hello everyone, the first round of testing will be closed on February 10, 2021, current running is normal. the addresses for the first round of testing are as follows:
   "0x2d0d24a420ce11d50d73b2f98976ad262da6c8798da1c7cc3a",
        "0x971a0a01edaf5d97956eb9f157b56fa76e824e3bafb008f2fc",
        "0xd619d7d8738b59e9409c18b49502fc40a416c80f2e950a71c2",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0xd5af3ff0331ffd35850fb03063113be3a8a0a77e0f15de5e12",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab",
        "0x66c9b3ac22816cb6c7d16289e0cfffeb97250e1341934d536b",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xb5b5c64a9eafe02f83f004079418ea8b00b457490498a0a714",
        "0xd54bfd1f4a443811ac203ad740712fe3f9ca90ac9039275704"

The second round of testing will be started on February 11, closed on February 15, 2021.(the second round of testing will optimize some parameters.)

The miannet will be launched on February 18, 2021.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: neguinho1 on February 08, 2021, 04:51:41 PM
Hello everyone, the first round of testing will be closed on February 10, 2021, current running is normal. the addresses for the first round of testing are as follows:
   "0x2d0d24a420ce11d50d73b2f98976ad262da6c8798da1c7cc3a",
        "0x971a0a01edaf5d97956eb9f157b56fa76e824e3bafb008f2fc",
        "0xd619d7d8738b59e9409c18b49502fc40a416c80f2e950a71c2",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0xd5af3ff0331ffd35850fb03063113be3a8a0a77e0f15de5e12",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab",
        "0x66c9b3ac22816cb6c7d16289e0cfffeb97250e1341934d536b",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xb5b5c64a9eafe02f83f004079418ea8b00b457490498a0a714",
        "0xd54bfd1f4a443811ac203ad740712fe3f9ca90ac9039275704"

The second round of testing will be started on February 11, closed on February 15, 2021.(the second round of testing will optimize some parameters.)

The miannet will be launched on February 18, 2021.
how do I mine in the windows wallet.no know how to fill it


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on February 12, 2021, 03:51:33 PM
how do I mine in the windows wallet.no know how to fill it

in windows wallet, you can click "plot", then fill in the correct parameters and click "submit".
the plotting process will take one hour.

But the first round of testing have been closed. you can wait for the second round of testing, which will be started on February 13, 2021


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on February 14, 2021, 11:24:18 AM
What about exchanges? Currently, qTrade supports only Luck v1, so are there any plans to add support for Luck v2 on qTrade? Also, as you can see, and as I told you before, hard forks are harmful. They need very high level of support from existing nodes, in other case it just can cause chain split, just because if node operators won't do anything, they will cause a split, even accidentally, just by lack of information about future version (that happened when upgrading to RandomX). More than that: if users are getting a lot of coins by using Luck v1, then they have no reason to upgrade to Luck v2.

So, the conclusion is: if mainnet is still not released and if there is a way to upgrade the network in a soft-fork way, maybe it should be done that way? And if not, then it is better to think about listing on exchanges sooner than later (unless you want to make it fully decentralized and support some kind of atomic swaps by default in the client, or maybe some kind of other decentralized trading). Discord trading is also an option, but then users should know how to do it correctly, how to use Escrow, etc.

TLDR: We should think about trading ahead of time and show users how they can safely buy/sell Luck v2 if they have other coins.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on February 14, 2021, 03:13:24 PM
What about exchanges? Currently, qTrade supports only Luck v1, so are there any plans to add support for Luck v2 on qTrade? Also, as you can see, and as I told you before, hard forks are harmful. They need very high level of support from existing nodes, in other case it just can cause chain split, just because if node operators won't do anything, they will cause a split, even accidentally, just by lack of information about future version (that happened when upgrading to RandomX). More than that: if users are getting a lot of coins by using Luck v1, then they have no reason to upgrade to Luck v2.

So, the conclusion is: if mainnet is still not released and if there is a way to upgrade the network in a soft-fork way, maybe it should be done that way? And if not, then it is better to think about listing on exchanges sooner than later (unless you want to make it fully decentralized and support some kind of atomic swaps by default in the client, or maybe some kind of other decentralized trading). Discord trading is also an option, but then users should know how to do it correctly, how to use Escrow, etc.

TLDR: We should think about trading ahead of time and show users how they can safely buy/sell Luck v2 if they have other coins.

thank you so much for your suggestions.

we have also considered the issue of exchanges very carefully, but to reduce the loss of investors, we do not recommend that large transactions occur in the early stages of system for instability.

We upgraded to luck v2 also to elimate the  advantages of GPUs , because luck’s core design is to mine by luck, eliminate public pools, and realize "more nodes = more decentralization", which requires more nodes to participate in a low-cost way.

There are many technical details that need to be considered against GPUs, so we are gradually improving the parameters to strive for more nodes to participate in mining in a low-cost, non-cooperative manner within a long time after the mainnet launched.

We will start the second round of testing as soon as possible within these few days, please be patient.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on February 18, 2021, 05:23:46 AM
The second round of testing has been released, and the testing method is the same as the first round.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on February 19, 2021, 05:13:36 AM
The second round of testing has been released, and the testing method is the same as the first round.

The block details page has some display problems in the explorer, you need to check it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on March 01, 2021, 03:01:25 AM
Hello everyone. The second round of testing will be closed at 10 am on March 1, 2021. current running is normal. The addresses for the second round of testing are as follows:
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x2380caa3a0c498c60d670db07fb9aa2bc80e0ad22e799b370c",
        "0x95bc3a422202d110f2a80274424ee59f315569c6349d88d814",
        "0x33db5c024aa8a011e55da0a8b30f3556890096606855aaf882",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xee25ec6f31c5120cd089d40f918c1f61494fbcaaf612a35378",
        "0x67b61034f9e8164c25c16f66db0d3045fc2fff87a1a27a7bc4",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab"

The miannet will be launched at 8 am on March 4, 2021.

Notice: The following addresses participating in the test will be rewarded with 800 tokens  after the mainnet launched.
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x2380caa3a0c498c60d670db07fb9aa2bc80e0ad22e799b370c",
        "0x95bc3a422202d110f2a80274424ee59f315569c6349d88d814",
        "0x33db5c024aa8a011e55da0a8b30f3556890096606855aaf882",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xee25ec6f31c5120cd089d40f918c1f61494fbcaaf612a35378",
        "0x67b61034f9e8164c25c16f66db0d3045fc2fff87a1a27a7bc4",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab"
        "0x2d0d24a420ce11d50d73b2f98976ad262da6c8798da1c7cc3a",
        "0x971a0a01edaf5d97956eb9f157b56fa76e824e3bafb008f2fc",
        "0xd619d7d8738b59e9409c18b49502fc40a416c80f2e950a71c2",
        "0xd5af3ff0331ffd35850fb03063113be3a8a0a77e0f15de5e12",
        "0x66c9b3ac22816cb6c7d16289e0cfffeb97250e1341934d536b",
         "0xb5b5c64a9eafe02f83f004079418ea8b00b457490498a0a714",
        "0xd54bfd1f4a443811ac203ad740712fe3f9ca90ac9039275704"


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: intuit68 on March 04, 2021, 09:05:21 AM
The miannet will be launched at 8 am on March 4, 2021.

The wallet program on the website has not been updated.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on March 04, 2021, 12:08:06 PM
Do you refresh the page or clear the cache? Try it.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on March 04, 2021, 01:33:31 PM
A small suggestion, in the windows wallet, no progress feedback is given during the plotting process.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: the0neyes on March 04, 2021, 04:19:03 PM
Why is this software trying to access all.mainnet.fortdisco.net ?
"Fort Disco" is also perhaps by chance a simple old windows botnet used for C&C.

-Passord input is even in cleartext (bad practice)
-Discord is "dead" with only 1-2 fans, the rest bots and spam even on mainnet launch day
-Windows version is over 10x size than linux with seemingly unnecessary files like ffmpeg.dll.

I would advice extreme caution with this software until a satisfactory response or explanation has been provided.





Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on March 05, 2021, 04:49:35 AM
Why is this software trying to access all.mainnet.fortdisco.net ?
"Fort Disco" is also perhaps by chance a simple old windows botnet used for C&C.

-Passord input is even in cleartext (bad practice)
-Discord is "dead" with only 1-2 fans, the rest bots and spam even on mainnet launch day
-Windows version is over 10x size than linux with seemingly unnecessary files like ffmpeg.dll.

I would advice extreme caution with this software until a satisfactory response or explanation has been provided.






thank you so much for your suggestions.

1 Since luck2 is optimized based on ethereum in software engineering, some designs in ethereum are introduced, such as trying to access DNS discover network. currently all.mainnet.fortdisco.net does not exist, but it does not rule out that some automatic discovery network strategies will be activated when there are more nodes in the future.

2 The problem of password input in plaintext, we have recorded it, and will fix it in next week. If you are worried about security, it is recommended to use the linux wallet first.

3 Discord was established by other community members, and we don't know the specifics of the operation. For the time being, we can't give more opinions. We are more concerned about the stability of the core system of the project.

4 The size of the windows is about 2 times that of the linux, not 10 times. Which contains part of the GUI framework and GUI components. There may not be many unnecessary files.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on March 05, 2021, 04:55:43 AM
In addition, some members asked via email when to transfer tokens before the 388000 block in luck to luck2.

We will start it today, and it may be completed within one week.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Retro78 on March 08, 2021, 07:14:41 PM
Qtrade has no plan to support LUCK v2 and it closing the market ,
 where we should withdraw our tokens and how it would be transferred into the new LUCK?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on March 15, 2021, 01:26:33 PM
Qtrade has no plan to support LUCK v2 and it closing the market ,
 where we should withdraw our tokens and how it would be transferred into the new LUCK?

We have synchronized the tokens before the 388000 block of Luck v1 to the Luck v2 by pre-mining.

We are not clear about the withdrawal of tokens in the exchange. Please consult the specific person in the exchange.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: intuit68 on March 18, 2021, 03:46:18 AM
Mainnet height at 9034

But my computer is mining on fork,height at 11776

restart,Re-sync block,back to normal。


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: AkameXKurome on April 02, 2021, 01:49:34 AM
none intrested on this project anymore? 😂


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: vjudeu on April 03, 2021, 02:54:30 PM
Quote
none intrested on this project anymore? 😂
Well, blocks are still produced, so some people are still interested. I still think that getting pool resistance should be done in a different way, but devs still believe in their vision and they want to see in practice is it good enough or not. So far, the network works, at least for me.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: Sherlock.Holmes on May 06, 2021, 09:02:53 AM
The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: wolfwolf on May 06, 2021, 01:34:07 PM
At present, luck2's system running well, and the source code will be opened in the near future.

well, i'm still holding on.


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on May 07, 2021, 07:51:09 AM
The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

Can you explain in detail the anti-GPU design of luck2?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: joker_josue on May 11, 2021, 12:25:59 AM
The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

How can you mine using the windows wallet?
I already made the plot, it indicates that the plot is complete, but when having to start mining, it says that it is only possible after the plot is completed.

What can I do?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: senbojiaju on May 13, 2021, 03:38:36 PM
Not active here


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: autumngrass on May 17, 2021, 07:14:53 AM
The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

How can you mine using the windows wallet?
I already made the plot, it indicates that the plot is complete, but when having to start mining, it says that it is only possible after the plot is completed.

What can I do?

for my  experience
1、 https://lucknet.club
2、Download windows wallet
3、unzip luck2-win.zip
4、Click luck with logo
5、Click the green button to create an account
6、Remember the private key
7、Start the p disk, enter the address,piotting Directory:Directory  ,single size:256MB,total size:16GB,Then submit
8、Just wait 1-2 hours




Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: autumngrass on May 17, 2021, 07:27:56 AM
To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal    --elon musk

I think Luck is a low-energy encryption crypto.

anyone agree with me?


Title: Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
Post by: hextobig on June 13, 2021, 03:15:52 PM
Any news?