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Author Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate  (Read 129771 times)
webchris
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February 09, 2018, 07:00:52 PM
 #1281

Is there any whitepaper?

Yes, here's a link tot he whitepaper: https://luxcore.io/pdf/luxcore_commercial_wp_v2.0.pdf

Join a Safe Shared LUX Masternode -> https://www.luxmasternode.com
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inlovewithcrypto
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February 09, 2018, 07:07:56 PM
 #1282

Thanks a lot!
Aegean Skipper
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February 09, 2018, 09:30:31 PM
 #1283

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.

hi webchris
it is a very interesting proposal and you are expressing your idea in a nice way but you are talking about 2500$ and a strong possibility exists for this coin to reach at higher prices 
how the participants will be secure for not losing their assets?
how long you are going to wait until the number of the 100 participants will be capped? 

thanks
btcgreen63
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February 09, 2018, 10:23:34 PM
 #1284

500 blocks before the PoS reactivation =)
...
only 500 Block left?
He's referring to how many more blocks must be created before staking is turned back on in the wallet. We're down to about 400 now.
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February 09, 2018, 10:24:49 PM
 #1285

This was a protocol upgrade not just wallet update as most people think - in order to ensure smooth transition (to protocol 69200) and network stability - staking is disabled until block 180000, as mentioned/announced before. Past stakes are not lost and new wallet (4.0.0) is not currently staking until 180000.

If you have orphan stakes it means you ignored the mandatory update and you staked with old wallet which is not supported anymore.
Ignored mandatory update and led to chainsplit . It's terrible.
webchris
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February 10, 2018, 12:09:50 AM
 #1286

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.

hi webchris
it is a very interesting proposal and you are expressing your idea in a nice way but you are talking about 2500$ and a strong possibility exists for this coin to reach at higher prices 
how the participants will be secure for not losing their assets?
how long you are going to wait until the number of the 100 participants will be capped? 

thanks

I agree completely. I personally think LUX will triple in market cap this year, hopefully even moreso. That's one reason I'm anxious to be part of a masternode so my coins can grow faster!

I will make every effort to keep the masternode secure and operating, as I will have funds to lose as well. I think I might make a YouTube video introducing myself and talking more about my goals. I would love to have several masternodes that I manage, but that will obviously be based on demand. I have had my BitcoinTalk account since 2013 with no issues, as well as I have a Twitch channel and YT channel where I've done some streaming of games. I'm just putting that out there to say I'm not some faceless name on the internet trying to steal money.

As far as a deadline... I am reaching out on Reddit, Discord, and may use YouTube and Twitter to promote the masternode. If I am unable to get enough in 30 days, I will reach out to the investors to see if they want to keep waiting or if they want to withdraw their funds. Obviously the closer we get to the amount it should be easier to get people to contribute. I am currently buying more LUX to add another share myself.

Let me know if you have any other questions!

Join a Safe Shared LUX Masternode -> https://www.luxmasternode.com
lupanar
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February 10, 2018, 07:04:17 AM
 #1287

Hi lunapar,

first of all I want to learn that solo mining is still available after  upgrade lux wallet to 4.0 ? if it is available why I am taking error "JSON-RPC call failed, method not found" ? in my lux conf file these settings:

server=1
listen=1
daemon=1
rpcuser=YStrix1
rpcpassword=794082
rpcuser=YStrix2
rpcpassword=794082
rpcport=6667
rpcallowip=127.0.0.1
rpcallowip=192.168.1.1
rpcallowip=5.191.16.172
rpcallowip=192.168.8.103
rpcallowip=192.168.8.100
onlynet=ipv4

and the last  question is; since 06.02.2018 I was solo mining to my wallet and luxcoins generated normally I was taking stakes etc. ( the old wallet showed as all normal) but after the update mining transactions and stakes  are signed as conflicted and not added to my balance. only coins which came from the pool minings are added to my balance.. 
what happened to these coins and Am I able to get them back? Please help me.
Hi, solo mining disabled in wallet v4 and due to pools and exchange are already on new protocol you need to upgrade wallet to v4 to be able send/recieve coins. Also stake be active again from block 180k.

Does LUXcoin have any referral program? Or maybe a bounty campaign in the nearly future?
Was you thinking about it?
Here it is https://bitcointalk.org/index.php?topic=2761461.0

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LUXCORE
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████████      EXCHANGE      ████████



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Ginzink
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February 10, 2018, 09:34:13 AM
 #1288

Nice to see new wallet have arrived while im on vacation! Obviously running the old now though on the wrong chain, but will change asap to the new when i get home Smiley

About that masternode, i would not dare sending such amount of cash to a legendary, and your a member. YouTube of yourself helps probably, but it is not for me. I do hope you get it up as more masternodes is positive, hopefully there are others here who trust strangers more Smiley
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February 10, 2018, 12:25:54 PM
 #1289

In the 180k blocks and wallet still not staking. Something I'm not doing?

Console getstakingstatus says I'm able to stake.
Dr_Victor
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February 10, 2018, 12:33:54 PM
 #1290

We passed 180K block but PoS is not active, what is wrong?

yobit.net is banned from signatures
Tept945
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February 10, 2018, 12:37:42 PM
 #1291

And..... looks like pools are down.
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February 10, 2018, 12:45:27 PM
 #1292

After the wallet is upgraded to such an error,

A fatal error occurred. LUX can no longer continue safely and will quit.

EXCEPTION:St13runtime_error
CWalletDB::ListAccountCreditDebit():cannot create DB cursor
C:\lux\lux-gt.exe in Runaway exception


 what to do?
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February 10, 2018, 12:48:53 PM
 #1293

After the wallet is upgraded to such an error,

A fatal error occurred. LUX can no longer continue safely and will quit.

EXCEPTION:St13runtime_error
CWalletDB::ListAccountCreditDebit():cannot create DB cursor
C:\lux\lux-gt.exe in Runaway exception


 what to do?


I had the same problem, you need to first backup your wallet.dat and then start the program from a command line with the -salvagewallet option.

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February 10, 2018, 12:49:44 PM
 #1294

We passed 180K block but PoS is not active, what is wrong?
Dev, arnoganix announced about this. Please check via the link
This was a protocol upgrade not just wallet update as most people think - in order to ensure smooth transition (to protocol 69200) and network stability - staking is disabled until block 180000, as mentioned/announced before. Past stakes are not lost and new wallet (4.0.0) is not currently staking until 180000.

If you have orphan stakes it means you ignored the mandatory update and you staked with old wallet which is not supported anymore.
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February 10, 2018, 12:52:39 PM
 #1295

We passed 180K block but PoS is not active, what is wrong?
Dev, arnoganix announced about this. Please check via the link
This was a protocol upgrade not just wallet update as most people think - in order to ensure smooth transition (to protocol 69200) and network stability - staking is disabled until block 180000, as mentioned/announced before. Past stakes are not lost and new wallet (4.0.0) is not currently staking until 180000.

If you have orphan stakes it means you ignored the mandatory update and you staked with old wallet which is not supported anymore.

But we HAVE passed block 180000 so what is the problem??

Can someone please advise?
lupanar
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February 10, 2018, 01:01:42 PM
Last edit: February 10, 2018, 01:13:34 PM by lupanar
 #1296

We passed 180K block but PoS is not active, what is wrong?
Dev, arnoganix announced about this. Please check via the link
This was a protocol upgrade not just wallet update as most people think - in order to ensure smooth transition (to protocol 69200) and network stability - staking is disabled until block 180000, as mentioned/announced before. Past stakes are not lost and new wallet (4.0.0) is not currently staking until 180000.

If you have orphan stakes it means you ignored the mandatory update and you staked with old wallet which is not supported anymore.

But we HAVE passed block 180000 so what is the problem??

Can someone please advise?
Need to wait 36 hrs to make sure that POS enabled. Official ann on the way.

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February 10, 2018, 02:28:33 PM
 #1297

We passed 180K block but PoS is not active, what is wrong?
Dev, arnoganix announced about this. Please check via the link
This was a protocol upgrade not just wallet update as most people think - in order to ensure smooth transition (to protocol 69200) and network stability - staking is disabled until block 180000, as mentioned/announced before. Past stakes are not lost and new wallet (4.0.0) is not currently staking until 180000.

If you have orphan stakes it means you ignored the mandatory update and you staked with old wallet which is not supported anymore.

But we HAVE passed block 180000 so what is the problem??

Can someone please advise?
Need to wait 36 hrs to make sure that POS enabled. Official ann on the way.

Ok, that makes a bit more sense. Is the 36 hours from when the new protocol became available or since the 180 000 block was reached?
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February 10, 2018, 02:54:28 PM
 #1298

Eh.  I waited patiently for a new wallet that wasn't a pain in the ass to use and got it.  I'll be patient with the staking.  No big deal.
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February 10, 2018, 03:24:41 PM
 #1299

Note about beta release from discord

@everyone , thanks for your patience. As you know we pushed a new PoS code  at 180k blockheight. The code enables staking and MN (as 40% stake rewards pass to MN). We are expecting the code to factor in 36 hrs coin maturity before PoS kicks in . At the moment, we are monitoring the situation and will update in case of any change.
The new wallet is a beta release and enables staking. Please do feel free to download and upgrade.  Do not forget to back up your wallet.dat, just in case.
The official and final release will follow this and address any missing features and bugs.
Any other changes will be announced


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cod3rx
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February 10, 2018, 03:37:20 PM
 #1300

https://imgur.com/v5HjTh9
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