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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin — PoW/PoS Hybrid — PoS Web Wallet — SC — SegWit — LuxGate — Parallel MN on: June 25, 2018, 02:51:17 PM
According to posts on Discord, we should expect the 5.0 release Monday afternoon/evening. This is likely a projection, so definitely not precise. Also, no time zone was mentioned. I am assuming anywhere from 8-12 hours from now, but I wouldn't set your watch to it. We should get a more detailed announcement with the update, or we may hear when pools/MNs get their wallets and start to get setup.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—PHI1612 PoW/PoS Hybrid—PoS Web Wallet—SC—SegWit—LuxGate—Parallel MN on: June 15, 2018, 02:21:05 PM
can somebody tell me where to find the latest version 5 wallet, the one i found on github was version 4 .exe downloadable which i did, but again since the network was down it has been showing me out of sync message and no progress. About the bat file and config found few articles, but wanted to know if somebody is using rx 580 asus strix OC edition whats the output they are getting per card.

The 5.0 wallet has not be officially released yet and I believe is still being fixed prior to release. Stay tuned though.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—PHI1612 PoW/PoS Hybrid—PoS Web Wallet—SC—SegWit—LuxGate—Parallel MN on: June 14, 2018, 05:44:55 PM
is there an updated wallet for new chain?

Currently no, but stay tuned. They mentioned last night they are testing and it is expected to take 48 hours, so likely after that we will have more updates or hopefully a timeline for a new wallet.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—PHI1612 PoW/PoS Hybrid—PoS Web Wallet—SC—SegWit—LuxGate—Parallel MN on: May 21, 2018, 12:04:05 AM
I just posted a video of why I think LUX is going to $90. I hope you guys find it informative!



-Graslo
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—PHI1612 PoW/PoS Hybrid—PoS Web Wallet—SC—SegWit—LuxGate—Parallel MN on: May 18, 2018, 09:24:25 PM
You can stake at the official Luxcore web wallet which is online 24/7 also: https://lux.poswallet.io/
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—PHI1612 PoW/PoS Hybrid—PoS Web Wallet—SC—SegWit—LuxGate—Parallel MN on: May 18, 2018, 01:41:19 PM
New features coming at block 300,000??

Many of us have long awaited the next update to bring the new rewards formula (increasing rewards for staking and MNs), as well as smart contracts, and now the new Phi 2 algorithm to better protect against the possibility of ASICs. All of these updates will require a fork, so the team has been waiting to put them all in one big update so we only have to update our wallets once.

In a recent GitHub update, there is a reference to the Phi 2 algo going into effect on block 300,000. (see: https://github.com/216k155/lux/commit/ee8bbac8b476286951435aa6fdb52a562a01d199)

In the last 24 hours, we have generated 1174 blocks. At that rate, that puts block 300k 24.8 days from today, or around Tuesday, June 12.

This can be pushed back of course, as none of this code is set in stone until they push out a new wallet. But, be on the look out! Sometime in the next few weeks we may have a new wallet to upgrade to bringing us some great new features.

Smart Contracts are super exciting for what it could bring to LUX. The new rewards should help price by reducing supply going to exchanges and further rewarding staking/running a masternode. The new algo should make mining more efficient.

-Graslo
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: May 17, 2018, 11:00:49 PM
I have 450 lux on how many should I split it?
I have not had a stake for an extremely long time (since the staking problem), have taken over my wallet.dat file from the old wallet, my old recipient addresses are no longer at "received" only newly created, I have to send it to a newly created address So that staking works?

Ideally you would split it into inputs of 100-150, so 450 could be 3 inputs of 150 LUX each. You can send it to your same address, or a new one. It shouldn't matter. Just note that your coins will need to mature after sending.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: May 06, 2018, 05:57:57 PM
New Shared Masternode Open for Deposits (4 already online)

Hey all, we have 4 shared masternodes currently, and due to demand, I am opening up a fifth. I have started accepting deposits already. We have 54 shares requested, so I am expecting us to fill up within 1-2 weeks.

You can find more information at my website luxmasternode.com and you can see previous payouts for my other masternodes at the Investor Dashboard here: https://www.luxmasternode.com/stats/

For a deposit address, please email me at luxmasternode@gmail.com Please verify that any deposit address you receive is on this Google Sheet: https://docs.google.com/spreadsheets/d/1Jb5F9oJVzdFJeXdRPPJkyUn50LiRcOaruaPQvwwX0vQ/

If you have any questions, just let me know!

Shared masternodes are not for everyone. There is always risk when sending your crypto to someone else. This service is not affiliated with Luxcore.

Nice to see you are opening up for a fifth node Smiley Cant wait for the hard fork so we actualy start earning something on masternodes though Tongue
But it is nice to be in one and be ready.

Thanks! Yes, I am anxiously waiting for the new rewards formula to be implemented! I am hoping to see it happen soon. Smiley
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: May 05, 2018, 06:56:51 PM
New Shared Masternode Open for Deposits (4 already online)

Hey all, we have 4 shared masternodes currently, and due to demand, I am opening up a fifth. I have started accepting deposits already. We have 54 shares requested, so I am expecting us to fill up within 1-2 weeks.

You can find more information at my website luxmasternode.com and you can see previous payouts for my other masternodes at the Investor Dashboard here: https://www.luxmasternode.com/stats/

For a deposit address, please email me at luxmasternode@gmail.com Please verify that any deposit address you receive is on this Google Sheet: https://docs.google.com/spreadsheets/d/1Jb5F9oJVzdFJeXdRPPJkyUn50LiRcOaruaPQvwwX0vQ/

If you have any questions, just let me know!

Shared masternodes are not for everyone. There is always risk when sending your crypto to someone else. This service is not affiliated with Luxcore.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: April 06, 2018, 11:55:43 PM
Weren't the payments meant to change at block 225 000? Doesn't look like anything has changed. Can anyone confirm?

No, the reward formula has not changed. This change was a security feature. The reward formula is set to change with the next hard fork - when smart contracts are ready for release.
11  Bitcoin / Bitcoin Discussion / Re: Punish all exchange especially Coinbase on: April 06, 2018, 06:27:07 PM
Exchanges provide vital functions to the community. While they are in a great spot right now to capitalize on the demand, it's hard to blame them for price action.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: March 30, 2018, 03:55:16 PM
Hey all, I posted here a month ago about starting a LUX shared masternode. I made a YouTube video and a basic website with info about MN profits vs staking.

The project was a huge success and we now have 3 LUX masternodes online. I've been working on some tools for investors to view stats and payout info, and this is what I have so far: https://www.luxmasternode.com/stats/

We are currently raising funds for a fourth masternode. The MNs are 100 shares of 161.2 LUX (plus a 1 LUX one-time setup fee), and MN4 has 41.5 / 100 shares available at this time.

If you want more information or want to chat, feel free to join our Discord group: https://discord.gg/RKsxW8R

I am building this into a real business and am very happy with the support I've received thus far. If you would like to participate or have any questions, please let me know!
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 21, 2018, 10:14:50 PM
Tell me, please, where to mine now LUX Huh I try on the BSOD or YIIMP, they both swear on the algorithm! What's happening ?
Is the coin dying or what? It used to be that there was no such disgrace, a good coin was!  Embarrassed


Altminer has been going strong for me this whole time.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 21, 2018, 02:14:13 AM
upgraded to latest wallet and am staking.  previously there was an estimated future payout date.  there doesn't seem to be one now... just 'staking is active'  - is this correct?

Correct, coins that were mature already are immediately stakable once your wallet is synced up.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 20, 2018, 08:14:00 PM
I updated the math for my shared masternode returns. For a 161.2 LUX investment, the current estimates are 475.3021 LUX payout per year. This is assuming there are 22 masternodes (seems like current number ready to go).

See the full breakdown: https://luxmasternode.com
Oh wow, it's that much now? That's a big jump in % ROI for a seemingly 'small' change in PoW rewards. It was around 50% before now almost 300%.

Yeah, 20% of miner's 10 LUX is a lot more than the percent of staker's 1 LUX.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 20, 2018, 05:43:59 PM
I updated the math for my shared masternode returns. For a 161.2 LUX investment, the current estimates are 475.3021 LUX payout per year. This is assuming there are 22 masternodes (seems like current number ready to go).

See the full breakdown: https://luxmasternode.com
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 20, 2018, 02:10:46 AM
LUX team just announced a new reward system for masternodes that let them share in the rewards from mining also.

Read the full announcement here: https://www.luxcore.io/pdf/Upcoming_Changes_Wallet_Release.pdf

We are adding people daily to our shared masternode. Check it out at https://luxmasternode.com or on discord: https://discord.gg/RKsxW8R if you want to participate.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 19, 2018, 08:21:18 PM
That makes sense and I do see your point.

I'm trying to minimize frequency of my payouts and the larger pools make that difficult.  I'd like to get paid no more often than twice a day max.  The smaller pools are good for this.

Seems like I'm stuck between small pools with very long block times.  Or dealing with 5-8 payments each day from the larger pools which I don't want either.

It's a shame you can't set your payout threshold.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 15, 2018, 05:18:34 PM
Hope devs realize that staking and functioning MN were very good to the coin value, next to all other "future exciting" features. People held a lot in wallets to stake and to generate value by MN. Currently though, most people will be just inclined to dump unless something changes fast.
I.e. within a week release working staking and MN
Within 1-2 months start rolling out new key differentiator features

I think the devs are working as hard as possible to get this fixed. They are working on a new wallet which I'm confident will bring staking back - assuming masternode just after that.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LUXCoin—New PHI1612 PoW/PoS Hybrid—PrivateSend—LUXNodes—Live on Cryptopia on: February 13, 2018, 12:48:44 AM
Hey everyone, I am putting together a shared masternode for those of us who want to participate in one, but are not able to lock up the full amount. Masternode earnings are currently significantly better and more consistent than staking alone.

A masternode requires 16,120 LUX. To participate in the shared masternode, I am dividing it into 100 "shares". Each share is 161.2 LUX. You can take as many shares as you wish, if they are available. There are a max of 100 shares.

Payouts will be made every week to the address you choose when you make your initial deposit.

Security will be the utmost priority. The masternode will run on a dedicated Linux machine with all unnecessary ports blocked.

5% of masternode earnings are retained as service fee to pay for hardware, hosting, and my labor.
There is a 1 LUX setup fee to help with initial costs.

Withdrawals may be requested 60 days after depositing. Upon receiving a withdrawal request, I will seek out someone to fill your spot (starting with the waitlist). If no replacement is found within 15 days, your withdrawal will process regardless (unless you are willing to wait longer while we look for a replacement).


If you want to participate, send an email to luxmasternode@gmail.com. I will respond with a unique address to deposit your LUX. Please also include your withdrawal address that you would like to receive your payouts, and eventually your deposit back.


In the future, I plan on the following improvements:

Dead man's switch: All user deposits will automatically be sent to their withdrawal addresses if I am idle for 30 days. This would protect investors from something happening to me.

Web interface with stats. See profits from the node in real time. See past and future payouts.


My background:
I have been an IT Director for 15 years. I have experience with Linux, Python, PHP, MySQL, and a number of other languages and technologies. I also have business and finance experience. At my previous job I was partially responsible for security of $2b USD in assets. I have been a follower of Bitcoin and other cryptocurrencies for years and am a big believer in LUX. Personally, I plan to be a long term holder of LUX and will reinvest my profits into staking or additional masternodes.


Just wanted to give an update. I made a YouTube video explaining the shared masternode here: https://www.youtube.com/watch?v=OB0VQ67eF0U
Also I setup a site with info and a FAQ: https://luxmasternode.com

I'm getting a lot of interest and questions. If you want to lock up some shares or have any questions, shoot me an email to luxmasternode@gmail.com.

Thanks!
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