Hello. I started 1MN yesterday. It works very well. I want to ask three questions
A) Is it possible to move staking at the same time with a wallet for MN? Do I have to prepare at the same time?
B) I am interested in the word parallel master node. What is the function? In this context, is it possible to run multiple MNs on a single PC with parallel master nodes?
C) Does 2MN and 3MN increase reward yield compared to 1MN? Do you have such a plan in the future?
Hi. Answering your questions: A) No, you cant staking the coins that stored in MN, either staking or MN but not both B) Parallel Masternode(PMN) is not like usual MN, its related with another our product that calls Decentralized File System(DFS). More information about you can find here https://medium.com/luxcore/luxcore-announces-plans-for-decentralized-file-storage-system-on-parallel-masternode-network-a7fd57959017C) Not sure what plan you mean, but yes, more MNs = more income |
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Thank you. Is the latest version of OSX wallet 5-3-3?
Web wallet is scary,
so use normal DL-wallet.
5.3.3 is latest, yes. Nothing to be scared of as long as you keeping your private keys in safe place. Also web wallet based on AWS servers and its quite secure. Anyway up to you  BTW, here is couple of POS Web Wallet introduction videos just in case https://youtu.be/sGIKJvWs84ohttps://youtu.be/GVQ-cEOZ1Y8 |
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Hello. Will the algorithm change soon? I purchased 1000LUX. I want to do POS mining. Should I wait for a while? (What is the minimum number eligible for POS mining?) Also, if the algorithm changes, the master node requirements and ROI also change?
Thank you.
Hey. As I mentioned above, algo change will occur in next few weeks, we will let community know exact date in advance. About staking, there is minimum 90 coins required for staking and you can do it by 2 ways, via QT wallet which should be opened 24/7 and connected with net or via our POS web wallet https://lux.poswallet.io/. Main advantage of web wallet is in no need of keeping wallet opened, just send (or import private key) the coins to web wallet and it will start staking automatically. So up to you which way to choose. Useful info regarding staking process can be found here https://docs.luxcore.io/docs/what-is-staking. MN reqs and its ROI won't be affected after algo change. Here is more about that upcoming event https://medium.com/luxcore/luxcore-algorithm-change-to-rx2-a-randomx-derivative-c55638bb960 |
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Exact date of algo change wasn't setted up yet, its matter of few weeks according to recent announcement and that is mean it can be pushed earlier, in October, or, in force-majeure case, in December. Not exactly in November. So, to avoid confusion, I suggest do not rush with such ETA announcement and wait for official information reagarding algo change from our team. Thanks for understanding and for your contribution |
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As the 3rd quarter wraps up and we enter Q4, we wanted to update you on our progress. Please take some time to read the full Luxcore Q3 Update
https://medium.com/luxcore/luxcore-q3-update-9c59a6956234 There's a lot coming in the next quarter we are very excited about! Thank you for being a part of this community! |
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We are very excited to open our truly decentralized p2p exchange Luxgate for beta testing! To be a part of the closed beta, RT this post ( https://twitter.com/LUX_COIN/status/1178741805858340866?s=20 ) and tell us why we should choose you! We will select 20 people who participate within the next 48hrs. Make sure to follow us so we can DM! |
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Hi, we will consider it, thanks |
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When we need to update our wallets?
We will announce it in advance, stay tuned |
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Funny how a bunch of sock puppet accs can create 23 pages of empty talks... and thats not a limit yet.
Such pseudo-activity can push away new users instead attraction of, no one likes such things coz it smells like a scam.
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We are happy to announce a new proof-of-work (PoW) algorithm is currently being developed to replace PHI2 which will be called RX2! RX2 is our own blend of RandomX (for more information on RandomX see: https://github.com/tevador/RandomX/blob/master/doc/specs.md). We are designing RX2 to have a better balance between GPU and CPU mining.
This change should ensure a more fair playing field for miners using CPU and GPU hardware, removing any advantage from specialized equipment that may consolidate hashing power. Keeping mining decentralized greatly improves chain security.
We expect to be ready to switch to the new algorithm at the end of this month or early next month. We will announce once a specific block number has been set and a wallet update will be made available.
Stay tuned for an in depth article discussing the algo change in the coming days.
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Great. Thank you for detailed answer.
Looking forward new protocols.
From tech perspective i guess the most efficient way for you to go is to add some Bitcoin-like chains, like Litecoin, Bitcoin Cash and some other, because they have roughly same tech implementation.
Thanks for suggestion and your interest, we will see what we can do to improve our DEX to launch date |
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We found out that scam Github pages being created to impersonate LUXCOIN Github page as well as many other projects. Don't fall of this scams, make sure you are using correct LUX Github page https://github.com/LUX-Core - thats the only legit and official one! |
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Hi team
When LuxGate will be open?
Do you have plans providing APIs to post transaction outside of LUXGate app? If already done, where can i find docs?
Do you have plans of integration with some big protocols, like Binance chain to increase liquidity?
Hi. We planning make open beta for Luxgate till Q3 end, stay tuned. Regarding APIs, better ask it our core team guys in Lux discord channel https://discord.gg/qdPM44j, unfortunately I have no such info. Speaking of protocols, while Luxgate is cross-platform chain, so answer is positive, we will consider to add any Binance chain's coins as well as any other coin/protocol which we thing can bring benefits to us. More info about Luxgate can be found here btw https://luxcore.io/luxgate/ |
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Would be nice to see , as additional info, the name of each exchange's IEO and link to. For info completeness.
What you mean? There is lot of exchange and token/coin on OP. Are you sure you read OP not just read a title? OP already mention with clickable link and how much ROI of coin/tokens. What I meant is would be nice to have in this thread, beside just names of exchanges, name of IEO project provided by each of this exchanges. For example: Binance - Launchpad(link), Kucoin - Spotlight(link), Okex - Jumpstart(link), etc. Find out that some IEO's names and links to not so easy to find, thats why such suggestion. Thats basically all what I meant. |
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Would be nice to see , as additional info, the name of each exchange's IEO and link to. For info completeness.
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oh that's right. When did McAfee leave the CEO?
Are you planning to take office again in the future?
It was few months ago, here you can find more info regarding https://twitter.com/LUX_COIN/status/1129443188857548800?s=20Yes, as I said above, we aiming to have new CEO sooner or later somewhere in future. For now this chair is empty, we will see how its going. |
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