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Author Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate  (Read 124329 times)
zinwirk
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January 22, 2018, 07:25:54 PM
 #741

Great idea + Great Team = Great Company!
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Kryptowerk
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January 22, 2018, 09:16:25 PM
 #742

Ok, so I looked into the team, if you guys actually have the experience and knowledge you state you have, there might indeed be chance you can achive all your ambitious goals.

However, looking at CMC I still feel a bit frightened when I see these numbers:

Circulating Supply
912.238 LUX
Total Supply
3.912.238 LUX
Max Supply
60.000.000 LUX

Since the total market cap is calculated by the circulating supply number only, it would still increases by factor 65 if the max supply is finally in circulation, making the actual market cap $2104 Million USD, bringing LUX to #21 on CMC!

1. Can someone explain to me or direct me to a source to find out where the 3000000 missing coins from circ. <-> total supply are currently stored and what their purpose is?
2. And what are the estimations on when the max supply is reached?
3. What is the yearly inflation rate of LUX?

Thanks!

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smoolae
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January 22, 2018, 09:18:15 PM
 #743

Ok, so I looked into the team, if you guys actually have the experience and knowledge you state you have, there might indeed be chance you can achive all your ambitious goals.

However, looking at CMC I still feel a bit frightened when I see these numbers:

Circulating Supply
912.238 LUX
Total Supply
3.912.238 LUX
Max Supply
60.000.000 LUX

Since the total market cap is calculated by the circulating supply number only, it would still increases by factor 65 if the max supply is finally in circulation, making the actual market cap $2104 Million USD, bringing LUX to #21 on CMC!

Can someone explain to me or direct me to a source to find out where the 3000000 missing coins from circ. <-> total supply are currently stored and what their purpose is?
And what are the estimations on when the max supply is reached?
What is the yearly inflation rate of LUX?

Thanks!

Wondering the same thing

anorganix
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January 22, 2018, 09:38:47 PM
 #744

Wonder no more, because a 5% premine was transparently announced since before the launch and information about it is also available in the 1st post of this thread.

We need it for development and growth of the product and the company.
Please note, this never had an ICO and we don't take any dev fee from the blocks. In addition, a 10% burn is coming in February.

Thanks for your kind words about the team Kryptowerk, I can say the same about BTX team.
Also say hello to metamorphin for me, it's been a while since I've visited your Slack.

Check the Roadmap to stay updated on our progress.
Thanks!

LUX æterna
MarcusDe
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January 22, 2018, 10:18:06 PM
 #745

Does my computer and wallet have to always be online in order to receive PoS rewards? thanx
Yes, get to be online and encrypted for staking.

hello sir, how i can create address LUX ? ...
download the wallet ,and start mining, or buy from cryptopia
For those of us who like to use a paper wallet first to dip our toes into a new currency, is there an available downloadable website that can generate an address offline or do we have to download the wallet?

Thanks for any help.
Pos Web Wallet release is oncoming, check Roadmap https://luxcore.io/roadmap. In the meantime only desktop wallet available.

Is there anything we can do to improve performance?
Desktop wallet is basically unusable (for me at least), keeps going to 100% CPU and is completely unresponsive.
Which is keeping me from staking.
Im using minimal wallet in a win7x64 vm.
Thanks for your support
Not sure you can reduce cpu-usage issue now, wait for couple of days till new wallet out.

Hi,

I have problem with compiling latest wallet from git (ubuntu 16.04)

Code:
...
usage: git rev-list [OPTION] <commit-id>... [ -- paths... ]
  limiting output:
    --max-count=<n>
    --max-age=<epoch>
    --min-age=<epoch>
    --sparse
    --no-merges
    --min-parents=<n>
    --no-min-parents
    --max-parents=<n>
    --no-max-parents
    --remove-empty
    --all
    --branches
    --tags
    --remotes
    --stdin
    --quiet
  ordering output:
    --topo-order
    --date-order
    --reverse
  formatting output:
    --parents
    --children
    --objects | --objects-edge
    --unpacked
    --header | --pretty
    --abbrev=<n> | --no-abbrev
    --abbrev-commit
    --left-right
    --count
  special purpose:
    --bisect
    --bisect-vars
    --bisect-all
make[2]: *** No rule to make target 'masternode-budget.cpp', needed by 'libbitcoin_wallet_a-masternode-budget.o'.  Stop.
make[2]: Leaving directory '/home/cryptocoins/lux/src'
Makefile:6991: recipe for target 'check-recursive' failed
make[1]: *** [check-recursive] Error 1
make[1]: Leaving directory '/home/cryptocoins/lux/src'
Makefile:593: recipe for target 'check-recursive' failed
make: *** [check-recursive] Error 1

AFAIR I was able to build it before on same machine, so all deps surely are there .
Any help please?
Try binaries https://github.com/216k155/lux/releases/download/v3.0.4/lux-qt-linux.tar.gz instead.

Hi,

Thanks for advice, but this is server without GUI, only console via ssh, so -QT version won't work for me...

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January 22, 2018, 10:35:32 PM
 #746

Anybody mining using altminer pool? I keep getting stratum connection interrupted, is everyone also seeing the same thing?
gscotch
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January 22, 2018, 10:48:28 PM
 #747

Anybody mining using altminer pool? I keep getting stratum connection interrupted, is everyone also seeing the same thing?

I also get it . just short break.

Donate BTC. Bitcoin wallet - 18jZ6btV5gwh58tCq2gKVvHVVeHqRrtAVX
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January 22, 2018, 11:14:02 PM
 #748

Anybody mining using altminer pool? I keep getting stratum connection interrupted, is everyone also seeing the same thing?

I also get it . just short break.
Not sure if it can be said "short break" when it keeps happening every 10 seconds or so for the past few hours  Undecided
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January 22, 2018, 11:30:14 PM
 #749

Wonder no more, because a 5% premine was transparently announced since before the launch and information about it is also available in the 1st post of this thread.

We need it for development and growth of the product and the company.
Please note, this never had an ICO and we don't take any dev fee from the blocks. In addition, a 10% burn is coming in February.

Thanks for your kind words about the team Kryptowerk, I can say the same about BTX team.
Also say hello to metamorphin for me, it's been a while since I've visited your Slack.

Check the Roadmap to stay updated on our progress.
Thanks!

I believe you forked the SGMiner? Why is RX580- hash so low and why it crashes every-time I try to run.. Believe needs more tweaking for Phi1612 for better HASHRATES? Share if you have any plan for releasing a more optimized miner for AMD cards - please please please and keep up the good work. Smiley
lamlaicuocdoi
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January 23, 2018, 01:52:19 AM
 #750

Wonder no more, because a 5% premine was transparently announced since before the launch and information about it is also available in the 1st post of this thread.

We need it for development and growth of the product and the company.
Please note, this never had an ICO and we don't take any dev fee from the blocks. In addition, a 10% burn is coming in February.

Thanks for your kind words about the team Kryptowerk, I can say the same about BTX team.
Also say hello to metamorphin for me, it's been a while since I've visited your Slack.

Check the Roadmap to stay updated on our progress.
Thanks!
Thanks for your very kindly, detailed explanations about those 5% premined and the way on which the project will follow. Please keep it on track.
DeepDissension
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January 23, 2018, 02:42:24 AM
 #751

Tell me please how PoS works, I have 355 Lux coins on my wallet, how do i receive new coins? does the wallet and computer always have to be online?
btcgreen63
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January 23, 2018, 03:25:25 AM
 #752

Tell me please how PoS works, I have 355 Lux coins on my wallet, how do i receive new coins? does the wallet and computer always have to be online?
I haven't done this myself I'm just repeating what was said earlier in the thread.

First you have to encrypt your wallet if it isn't already.
Then you need to unlock the wallet (leaving the "For staking only" checkbox checked)
The wallet must be running and the computer must be connected to the internet.
There is an initial 36 hour wait after the Lux coins are deposited in your account for staking to start.

One of the icons in the lower right will tell you about the staking status. Hover over the icons.

In a few days the team says they will release a new wallet to fix the performance issues of the current one.

Hope I didn't miss anything. Smiley
lupanar
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January 23, 2018, 03:55:22 AM
 #753

Ok, so I looked into the team, if you guys actually have the experience and knowledge you state you have, there might indeed be chance you can achive all your ambitious goals.

However, looking at CMC I still feel a bit frightened when I see these numbers:

Circulating Supply
912.238 LUX
Total Supply
3.912.238 LUX
Max Supply
60.000.000 LUX

Since the total market cap is calculated by the circulating supply number only, it would still increases by factor 65 if the max supply is finally in circulation, making the actual market cap $2104 Million USD, bringing LUX to #21 on CMC!

1. Can someone explain to me or direct me to a source to find out where the 3000000 missing coins from circ. <-> total supply are currently stored and what their purpose is?
2. And what are the estimations on when the max supply is reached?
3. What is the yearly inflation rate of LUX?

Thanks!
As @Anorganix mentioned 5% Lux were premined and stocked in team addresses. 10% of premine planned to burn https://luxcore.io/roadmap. More details of premine purposes and upcoming burning can be found here https://cdn.discordapp.com/attachments/364671360515047427/396716699468169217/Announcement.pdf
Max supply will be reached at about 10 years (15120 lux per day produced)


Hi,

Thanks for advice, but this is server without GUI, only console via ssh, so -QT version won't work for me...

Think better to wait couple of days so till new wallet and source goes live.

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LUXCORE
██████████████▄
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████████████████████
▬▬▬     DOWNLOAD WALLETS     ▬▬▬
| WINDOWS | MAC | LINUX | LUXBLOCKCHAIN |
████████      EXCHANGE      ████████



                      ▄▄
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January 23, 2018, 04:17:07 AM
 #754

New pairs LUX-USDT and LUX-NZDT now available

https://www.cryptopia.co.nz/Exchange/?market=LUX_USDT
https://www.cryptopia.co.nz/Exchange/?market=LUX_NZDT

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LUXCORE
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▬▬▬     DOWNLOAD WALLETS     ▬▬▬
| WINDOWS | MAC | LINUX | LUXBLOCKCHAIN |
████████      EXCHANGE      ████████



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January 23, 2018, 04:53:36 AM
 #755

I can't believe it, over $19k monthly for each LUXcoin masternode. Is it real?
https://masternodes.online/currencies/LUX/
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January 23, 2018, 05:08:25 AM
 #756

Great!

Please help!
lux-qt freezing permanently
it works very slowly

first time It was ok, but freezes growing up day by day

ssd system drive, core !5 CPU, windows 7
all works fine but lux-qt


AND ONCE MORE
how to change default wallet and blockchain location?

for example, ETH Wallet start config "Ethereum Wallet.exe" —node-datadir="d:\chaindata" —node-keystore="X:\Secret Folder with Keys"
are there any similar settings for the lux-qt?
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January 23, 2018, 07:03:47 AM
 #757


thats good. lux really just needs more exchanges as well though.




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January 23, 2018, 07:04:25 AM
 #758

I can't believe it, over $19k monthly for each LUXcoin masternode. Is it real?
https://masternodes.online/currencies/LUX/

the rewards on LUX are quite high, around 80% apr from the metrics ive seen so that sounds about accurate.




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air125687
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January 23, 2018, 10:15:26 AM
 #759

Everything is fine.  More mining - more sales  Grin
lupanar
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January 23, 2018, 11:04:27 AM
 #760

I can't believe it, over $19k monthly for each LUXcoin masternode. Is it real?
https://masternodes.online/currencies/LUX/
Lets count: 720 lux per day having from POS, 40% mean 288 lux goes to all MNs. With currently running 13 MNs we have 22.1 lux per day goes to each one => 22.1 x 30 = 663 lux per month. With current price we have 1.96 btc or $20.6k. So monthly income that showing mn.online quite correct.

Great!

Please help!
lux-qt freezing permanently
it works very slowly

first time It was ok, but freezes growing up day by day

ssd system drive, core !5 CPU, windows 7
all works fine but lux-qt


AND ONCE MORE
how to change default wallet and blockchain location?

for example, ETH Wallet start config "Ethereum Wallet.exe" —node-datadir="d:\chaindata" —node-keystore="X:\Secret Folder with Keys"
are there any similar settings for the lux-qt?

Yes, its known freezing bug that will be resolved in upcoming wallet. Im meanwhile you can try to use minimal version https://github.com/216k155/lux/releases/tag/v3.0.4, it can reduce lagging.
And I wouldn't recommend to move files from default wallet directory %appdata%/lux.

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LUXCORE
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