LUX - just one of the similar shitcoin - no advantages, no new workability and no potential to grow. Big Exchanges will not list it -> no price pump
You are dead wrong.
Please learn about LUX and you will see it has massive potential to grow and does have new features and advantages in the whitepaper/roadmap.
Take a few minutes and read up on Paralell Masternodes and LUXgate. We are working hard and welcome new feature requests if anyone has any.
Sure, maybe it pumps, but this really looks like a shitcoin/scamcoin. My shitcoin radar is going nuts even though they actually list details about the team.
It has masternodes, but it would take somebody with a 6 1080ti rig over 20 years to get enough for a masternode. It takes 16,000 LUX to run a Masternode and such a rig would get less than 750 coins per year.
They premined 5% of it (3,000,000 LUX) and there will be only about 5,000,000 LUX released in the entire first year. It's basically a disguised huge premine in my opinion. 5% seems more reasonable until you look at it that way.
I'm not doing the math, but please tell me how long it would take to mine a DASH masternode with a 6 x 1080ti rig
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
There is and always has been a fully transparent 5% premine to pay for the projects development etc.
If you follow the coin you will also see there is also a premine burn coming up in February
Dash isn't 4 months old.
You (since it looks like you're part of the project) are trying to disguise your giant premine as only 5% when it's must larger than that in reality - unless the coin survives long term. It will be over 25% until the coin has been around for 2+ years which is way more time than you need to dump it.
Transparent or not, it's a huge red flag for anyone paying attention.
The premine has NEVER been hidden or disguised. It has always been 5% from the very beginning!
Every single person with any interest in the coin has been able to see that, and can do their own math and research.
Everyone is welcome to watch github and see for themselves exactly what's happening with the coins development.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FsX2cydL.png&t=663&c=qKKRVvcXgJjmcw)