LUXCoin team would like to thank everybody that stood with us in easy and hard times. We did not have a perfect launch, but working together - and with your patience - we managed to overcome the issues.
We currently have a network of ~ 140Gh/s after only a few hours since launch. If we are to compare with the speed of a GTX 1080Ti (~ 24 Mh/s) we can say that there are over 5800 cards mining now.
With a cost of $800 / card (give or take) LUX blockchain has over $4.5 million invested in mining. Congrats to all of us!
This is a really stupid statistic. A 1080TI is worth $800 over three years. Someone mining your coin for 10 minutes does not make them invest $800 in you. By that logic, if I use a 1080TI to mine 10 different coins in one day, I've invested $8000 in crypto currencies. See how stupid that sounds? Let's assume this hashrate keeps up for a week (which it won't when people realize how much dev is making from staking his pre-mine, while no one else has coins to stake). That means people have invested 1 week out of 3 years of useful card life, or 1/156 weeks. So you only have about $30,000 invested in you. Congratulations, a $30k market cap divided by the dev's pre-mine growing through PoS = nothing for everyone else.
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Do not support this. 1) Ripping off someone's idea is bad form. https://bitcointalk.org/index.php?topic=2237716.0 is the original idea, and it has no pre-mine of any kind. He has copied this almost word for word. 2) This is a seedy way to do an ICO, especially when he wrote "No ICO". If you support this, this model will grow as more cash-grabbers with no dev ability make clones and offer paid pre-mines. A cash-grab dev without original ideas is not going to support you long term they are the same ... just read the last post ;-) Oh so it's the old project converted into a scammy cash-grab? Damn that's too bad. I withdraw that the dev has ripped off someone's idea. I give dev full credit for the idea. I also give dev full credit for being two-faced about pre-mine and ICO. Not someone I would trust with my coin or hash.
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Do not support this. 1) Ripping off someone's idea is bad form. https://bitcointalk.org/index.php?topic=2237716.0 is the original idea, and it has no pre-mine of any kind. He has copied this almost word for word. 2) This is a seedy way to do an ICO, especially when he wrote "No ICO". If you support this, this model will grow as more cash-grabbers with no dev ability make clones and offer paid pre-mines. A cash-grab dev without original ideas is not going to support you long term EDIT: It's the same dev so the idea is not a rip-off, but that's almost worse. Dev smelled cash and went for it.
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Hmm if this info is true this will be a huge coin. Obviously right now we only have the devs' word for it that these projects are real. But if it turns out to be true, this thing will explode.
Worth the risk for me because the price is crazy low right now, but please make sure the risk is right for you before you also invest money or hash.
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You'll better fair relaunch with working stuff for all.
I believe in good launches with no pre-mining, but I don't expect "wallet on every platform" to become the standard. Think of it this way - why will Children of Gaia complain about missing Windows wallet, but not Mac? Linux is free for anyone to use, unlike a $100 copy of Windows. Unfair launches are those that are windows only. Anyone with a windows machine can run Ubuntu for free. Edit: someone earlier in the thread even posted a COMPILED Linux daemon for people. Just need to download it and run it.
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quoted from litestake thread please confirm ? i found something similiar to this one, bitcoinstake if i remember it correctly,it's a same with you dev? i mean it's part of it or it was another one ? because your thread look similiar to that one.
Same Dev yes, same dev. Why did you make a complete clone of your own coin? What is different between BCS and LCS, except for the supply?
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Dev,
Any idea when the windows wallet will be released? cheers
We're working on it and are hoping to have it fixed by the end of the week, Greetings, the SHIELD team. It looks like your x17 and blake chains can't move. I think no x17 or blake blocks have been found.
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Damn. Lame. I see one pool got it going for x17 but can't do shit with that one :/
Where do you see that? And how is anyone even compiling this? I keep getting: main.cpp:4238:22: error: expected primary-expression before ‘>’ token unique_ptr<CBlock> pblock(new CBlock()); ^ main.cpp:4238:43: error: ‘pblock’ was not declared in this scope unique_ptr<CBlock> pblock(new CBlock()); ^ main.cpp: In function ‘void SHIELDMiner(CWallet*, bool)’: main.cpp:4692:9: error: ‘unique_ptr’ was not declared in this scope unique_ptr<CBlock> pblock(CreateNewBlock(pwallet, fProofOfStake, fProofOfStake ? ALGO_SCRYPT : miningAlgo) ^ main.cpp:4692:9: note: suggested alternatives: In file included from /usr/include/boost/thread/csbl/memory/unique_ptr.hpp:16:0, from /usr/include/boost/thread/future.hpp:40, from /usr/include/boost/thread.hpp:24, from util.h:22, from alert.h:13, from main.cpp:6: /usr/include/boost/move/unique_ptr.hpp:346:7: note: ‘boost::movelib::unique_ptr’ class unique_ptr ^ /usr/include/boost/move/unique_ptr.hpp:346:7: note: ‘boost::movelib::unique_ptr’ main.cpp:4692:26: error: expected primary-expression before ‘>’ token unique_ptr<CBlock> pblock(CreateNewBlock(pwallet, fProofOfStake, fProofOfStake ? ALGO_SCRYPT : miningAlgo) ^ main.cpp:4692:115: error: ‘pblock’ was not declared in this scope unique_ptr<CBlock> pblock(CreateNewBlock(pwallet, fProofOfStake, fProofOfStake ? ALGO_SCRYPT : miningAlgo)); ^ Makefile:2308: recipe for target 'libbitcoin_server_a-main.o' failed make[1]: *** [libbitcoin_server_a-main.o] Error 1 make[1]: Leaving directory '/root/SHIELD/src' Makefile:524: recipe for target 'all-recursive' failed make: *** [all-recursive] Error 1
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How to join this airdrop dev? or are we too late to join this airdrop?
Post literally says: ''update:closed. We are sending airdrops now. Will last for 3days maybe. Everyone will receive their coins.'' and ''airdrop 2 coming soon'' I think in the future it's better to answer "read the ANN" instead of rewarding his laziness with an answer to the question. It still helps him by pointing him to the right resource, but it hopefully teaches him he can't just ask a question on any page thread and be spoon-fed an answer.
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Updated wallet and found coins from airdrop. Thanks dev. Airdrops have started? Can you post image proof?
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special with keylogger hurra I have your dates ..... I'm waiting for a bit Do you actually have evidence of this? The source code is on open on GitHub, point us to the keylogger code? Or are you just frustrated with the airdrop process and wanted to take it out on dev though FUD? Genuine question, because you can actually help people if you have evidence, but if you don't, then it's an odd thing to say. When exactly is the second airdrop going to happen. Any specific time for this. I don't want to miss it. Also, any explorer engine yet for checking token transactions?
it is early to speak about the second airdrop, event the first was not distributed yet. Very good. finally someone who notices it . I thought it already does not notice any of the children here See now this is an actual good point, because it's not baseless like the keylogger accusation currently is. Yes, you are right we should wait to see if the airdrop actually happens before we get too excited. Thank you for helping make this point, it is important. But no one has invested anything in this coin other than hash, so what does it matter for now. If you're worried, just pull your hash for now. No one should be mining this unless they can afford to lose that hash. The fact that dev has updated the code actually explains and justifies the delay in the airdrop. So I think it's good news. Let's hope the airdrop happens soon, but if not, abandon thread and move on.
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Why do you plan to do with 70% premined coins ?
Did you not notice the 50 pages of airdrop recipients? He's airdropping most of it, and keeping a small amount only to stake the network and keep it stable.
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Guys your marquee banner at the top of the ANN says "Phyton" not "Python".
Also I think "Phyton Based" (with the correct spelling) should be hyphenated, but I'm not 100% sure about that.
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Just to echo what others have said: yes, the pool might lose some hash. But the pool operator should understand its good for the coin long term, which is good for his fee. Spreading the hash will make the coin network strong. And having a dev-donation-fee will enable everything we are talking about (bounties and small dev incentive).
Remember, no one is talking about giving dev 0.5% of a pool's returns for free. Dev will use some of it for bounty, and this dev has shown he works hard on the project. If the dev stops working on it in future, then we find a new dev to send fee to. And 0.5% is not enough to cause any dump.
Those who want to support (like me, Alexey, others) will pay the higher fee. Those who don't are more than welcome to go to lower-fee pools, it's okay, everyone has their own choice.
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I mean literally, every coin has the same growth curve. Price is always a little unstable early. Sharks try to capitalize on instability by sowing fear. It always smooths out if the project is strong.
I'm not saying HODL and MOON. I'm saying don't listen to people yelling SCAM and SHITCOIN, just as you should ignore people yelling HODL and MOON.
What you should do is research fundamentals. Fundamentals show instamine protected launch, publically visible dev wallet with low pre-mine, strong purposeful masternode project. Fundamentals also show dev is poor communicator, but that to me is only a small downside. Weigh this, weigh other factors, and make decision.
People shouting otherwise literally just making baseless accusations. Where is the proof? This is not personal - if you have proof, I will pull my buy orders. Your proof cannot be "HAHA SEE PRICE IS TEMPORARILY DOWN". Yes, prices sometimes go down for a bit. Bitcoin fell to $2000 recently, did you go post SCAM?
I cannot ignore a good project because Neurolicious lost money on a similar project in the past and feels bitter. I can only ignore it if Neurolicious has concrete evidence of scam.
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Well, as some movements here I've returned my rig to IRD. I think we need bounties, we need to spread the news about coin all over the world, on any social places, we need multilanguage translation. Also I think that Dev has no IRD that's the problem. I told few weeks ago that we need fee for the Dev that he can attract new members of our community and pay them with IRD so they would be interest to recieve IRD so they'll spread about IRD alot. If we have about 1-2 million mined coins and DEvs fee is about 0,5-1% he would have about 5000-10000 IRD that is really enough to pay community members for their work and time. But if noone is spreading news we cant get much community members. I've made a tread on Russian forum and it have already 43 pages, people are mining, but not much from them spreading about IRD. Anatoly made Telegram channel, we can add it to the main message of this post - https://web.telegram.org/#/im?p=s1141520471_284952810983143750We can post more news on the website, but web is not working at the moment if its ird.cash We need much more, 10 times more movements on IRD so community will groth high! Dev need to be motivated, as someone already wrote it (sorry to forget your name, buddy!). Fee can be used to Devs salary (future, as much he works, the more he get) and for spreading the IRD around the world. If IRD will cost much Dev can have his Lambo, as SIGT coin. ^_^ And what about decentralisation of the net hashrate? 6KH on IRD.GLOBALPOOL, 26Kh on IRDPOOL, 360Kh on MINE77. Is it really important to decentralise the net hashrate? I'm on IRDPOOL now. Need to find some soultions to it. Maybe we need masternodes for example?
I have fix to both problem. Increase main pool fee to 1%, 0.5% pool fee and 0.5% dev fee. Give that IRD to dev. Dev can give to bounty manager. Maybe some people will change pool, but that is also good - we need to spread hash. Maybe even make 1% dev fee 0.5% pool fee (1.5% total). Some hash will move, some hash will make fund for dev/bounty. Fix two problems. Can pool operator do this? Set 0.5% fee for dev? See example here: Forknote has Dev donation option ( https://masari.superpools.net/).
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A coin with almost no pre-mine? A CryptoNote that's about to be listed on an exchange (a low volume one sure, but many CryptoNote altcoins have been failing lately)? A dev that cares enough to give up his own mined IRD as bounties? A coin with a low supply, so that the numbers stay manageable? Serious discussion about how to grow community, with people volunteering? What is this, 2014? This is an excellent project. It's still too early to decide, but groundwork is laid to challenge ByteCoin. We can make it a reality over 1-2 years (short termers will get some profit too , but long-termers have good reason for confidence, plenty for everyone I hope!).
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Dev...where are you ? Give us some updates .
It looks like a LOT of information has been added to the website since I last checked. So maybe there is hope that this is progressing? Before I would only get login screen. Now is a good-looking site: http://bitsmartcoin.org/
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