are you planning to have a crowd sale or an ICO or you will distribute the coins for free like the minereum and yourchain  . your advocacy for the coin is very good, to support the psychedelic community, well, keep it up bro. No, no crowdsale/ICO. Premine is only 1.9% and 2/3rds of it will be distributed through a free initial airdrop.Thanks for the kind words  so, when is the date of airdrop will be distributed?  thank you The airdrop will (hopefully) be distributed close to launch. I will open registration very soon, the website is done, all I need to do is integrate an airdrop form as I've decided against Google forms. Great to hear! I am excited about how this coin. Especially about the QT wallet, cannot wait to take look into that one. Any updates on the coin cometothetundra? If you can provide me privately with source code before the launch, i can compile a QT wallet for raspberry PI. If I provide the source code I will not include the genesis block. Optimally I am thinking of a short testnet phase, like 3 days or so, just so anybody who plans to run a service (pools, faucets, eg) or wants to compile beforehand can make sure everything is working before launch. |
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are you planning to have a crowd sale or an ICO or you will distribute the coins for free like the minereum and yourchain . your advocacy for the coin is very good, to support the psychedelic community, well, keep it up bro. No, no crowdsale/ICO. Premine is only 1.9% and 2/3rds of it will be distributed through a free initial airdrop.Thanks for the kind words so, when is the date of airdrop will be distributed? thank you The airdrop will (hopefully) be distributed close to launch. I will open registration very soon, the website is done, all I need to do is integrate an airdrop form as I've decided against Google forms. |
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are you planning to have a crowd sale or an ICO or you will distribute the coins for free like the minereum and yourchain . your advocacy for the coin is very good, to support the psychedelic community, well, keep it up bro. No, no crowdsale/ICO. Premine is only 1.9% and 2/3rds of it will be distributed through a free initial airdrop. Thanks for the kind words |
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An update on what I'm doing, I'm improving the functionality of the website so we can potentially integrate the airdrop registration into the site membership. This way you'll be able to go back and edit your app, and maybe have the option between a private key or just updating your address after release.
Also integration with social platforms to make the promotion bonus for the airdrop more streamlined.
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It would be really cool if the wallet was themed somehow psychedelic, if you know what i mean. Also i think you should insert some hardcoded seednodes on the public release version, at least the compiled ones. I have seen some people to have problems with adding nodes into the config file.
Thank you for your suggestions. Yes, I definitely plan to customize the wallet with a psychedelic theme, a unique wallet will give a nice touch. I'll look into your advice on seed nodes. As of right now I'm planning to put up two servers for release, each dedicated to running a full node. Mining pools and other community-made services may be able to provide some extra nodes, and I will consider adding some additional servers for the launch. |
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Watching this thread because i do not think anything similar exists yet.
You know what would be cool? Kind of like an erowid type of site, where there would be for example a bounty pool for adding information about various psychedelics.
And then you could earn by adding information, and getting the information approved.
What do you think of such an idea?
Well they might not be identical but this coin reminds me of Shrooms https://bitcointalk.org/index.php?topic=1120679.0It seems to have lost momentum though. Shrooms decompose, but with little to no light, Lysergion will last forever I'm joking, but yea, this Shrooms coin seems to be in a dilapidated state. I feel like besides the psychedelic theme Lysergion is pretty different. |
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Ranks on the Discord server are set up. I ask you to join, I'd like to get more people on it. You recieve +0.25X weight to the airdrop if you reach Level 5 aka rank "Member" on the Discord, which should be really easy to get. https://discord.gg/wWh8w2X |
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Can i reserve a spot for airdrop? Also i can compile QT for Raspberry pi of Lysergion if you'd like. I am really excited for the launch to be honest, i hope not to fry my GPU while mining this  There's no need to reserve a spot because there is no limit on entries. The total amount reserved for the airdrop will be divided by the total weight and distributed accordingly. I'm not too familiar with Raspberry Pi but that'd be cool, especially for staking. Thanks for your reply, hopefully not if you have proper cooling. |
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when is the launch
In the second half of June - I'll update with a specific date soon. |
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Posting links in Google Forms would work and linked to the wallet address. Nothing which isn't already available to the public anyway.
Thing is I want to run the airdrop before release, so users cannot generate wallet addresses yet. One solution is when we release, I will send those who qualified a private key of an address containing their airdrop. All you need to do is import the key through console and move the balance to another address as the private key is shared with me. |
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Update to the coins specifications: Block target is increased from every 19 seconds to every 70 seconds. This is because of two reasons. One, and the most important, the old specifications generated too much of the coin too quickly. Two, too fast of a block speed results in a greater amount of orphaned blocks, which is really annoying when staking. Additionally, PoS will not end. The block reward will halve around every 19 months, but after the fourth halving (6.44years), the PoS block reward will lock at 2.5LYS. PoW will be feasible for 54 halvings (87 years), and then the PoW reward will only be made up of transaction fees. However, once the PoW reward drops below 2.5LYS but the PoS reward remains static, PoS mining will overtake the majority. When I'm done with all the backend stuff I will improve the graphics, but for now here are the updated specs: 
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I was think airdrop thru private key.Sorry for my English.
Yes, airdrop will most likely be through private keys. Unless you all prefer to update your entry with your address at launch, but private keys are probably more convenient. |
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Dev - I'll be socialising this on Twitter and Facebook, plus I may also mention it in my magazine column. How are you going to track those different sources when the accounts are named differently? Are you relying on people to manually link them here...?
Thank you for your response. Most likely we will use Google Forms. You will be asked to link your posts there. The post is required to be public so I should be able to view it. But yes, I need a way to make sure they do not link a random post. Perhaps I can integrate Twitter and Facebook into the website, though that may be too much of a headeache. |
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So when the launch will be?
I originally planned a ninja but now think it's better to set a public release. As of now we are launching in the second half of June, but I'll update with a specific date soon. |
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We have decided on a premine of 1.9% and an airdrop. The airdrop will start soon (in a few days most likely) and end at launch. You can view our current plan here: https://www.lysergion.com/airdrop.pdf |
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Yes this one sounds like it could really be worth following. Something different, and a dev who pays attention Thank you. |
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When pow will start ?
Both PoW and PoS will start at launch. I'm implementing a very short anti-instamine by lowering the block reward to 1LYS for the first 190 blocks (close to an hour). Afterwards it'll return to the normal 25LYS reward. Launch is later next month. Sorry if things seem quiet right now, we're still in development. what about the algorithm it's not reported in the ANN page, is this an asic coin or a gpu coin? i hope it's the latter, if you want better distribution do it with gpu algorithm please GPU for sure, and CPU mining with Blake2, though weaker, is still feasible. If we chose another algo we are only considering those that are ASIC resistant. |
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2,108,805.55 total coin premine not so good dev Good Luck On what point does it say that about premine? I cannot see that part, and the coin is yet to be released. You possibly cannot have the source since it is not even released yet to the public. Thank you for your replies, I think he is taking that number from the total because I said I would not go above 5% premine. What I meant was that we would most not likely go above that amount of premined coins but will likely choose a lower value. The premine is one of the last things we can decide on so your feedback is appreciated! It still is a crazy amount but at least the Dev has replied to our concerns which earns him some rep. If there sre good reasons for the premine and it is well justified then it is fine. Let's see what happens? There is going to be some giveaways and maybe some promos. I would like some nixe giceaways myself ^^ I am thinking of, let's say, a lower amount then, 2.5%. Host giveaways and airdrops before the launch and then distribute 2% within the first day through a public address proving so. The rest can be using for bounties.
But don't get me wrong, I am not looking to make money, a premine will be for the sole benefit of the coin. If you all want 0% premine, then please say so, and that is possible too. It just seems a smallish premine for the benefit of growth and promotion will be beneficial. Let me know what you think!No I agree with premine I support and like them. But as with everything they can be abused. I dont believe you plan to abuse it so I'm not worried but these are concerns we need to look into if we want a successful coin. I'll gladly take any give away or airdrops and stake my rewards. I dont plan to because i dont need pennies I'm cool ^^ I would much rather have this as a medium term investment. Of course, thank you. I should also say, premine will obviously not be staked. |
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When pow will start ?
Both PoW and PoS will start at launch. I'm implementing a very short anti-instamine by lowering the block reward to 1LYS for the first 190 blocks (close to an hour). Afterwards it'll return to the normal 25LYS reward. Launch is later next month. Sorry if things seem quiet right now, we're still in development. |
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If you are interested in Lysergion, I ask you join our Discord server! I finished with the setup of channels and rules, I'm thinking in the future we can have a Lysergion tip bot. It's pretty empty right now and it'll be nice to start some discussion. I can answer any questions and offer any related help, my username is the same on there! https://discord.gg/wWh8w2X
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