LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate

[huntley haverstock]

POS reward went from 2lux when no Masternodes were online to the 1.2lux because masternodes need to be paid!

Pretty easy to get that through your thick skull right?

Pos 2lux
1.2 to the pos miner
.8 to the masternode


After block 100,000

Pos 1lux
.6 to the miner
.4 to the masternode

**From The Whitepaper**
“The PoS reward is set to 50% of block reward. However, for the first 100,000 blocks the reward is set to 100% of the block reward. The result is that the current PoS reward is 2 LUX to those staking.”

My head is very thick on this part. If after block 100,000 PoS is 0.6 and MN is 0.4. Who will keep the other 50% of the 2 LUX block reward. ** Originally it was 1 LUX PoS then 1 LUX MN. Is it now 1 LUX Dev while PoS and MN share 1 LUX? ** What asshat math is this?

[1714941733]

1714941733

[1714941733]

1714941733

[rahaar]

thank you all fuders , buy some cheap... hohoho merry christmas!!!

I do not against you sell, always the funds are for you will pay all involves with your work.. hope ill make me understand... not my languaje english ...

go devs with your good work if you need sell for your support the work go ahead.....

[Shkembe]

thank you all fuders , buy some cheap... hohoho merry christmas!!!

I do not against you sell, always the funds are for you will pay all involves with your work.. hope ill make me understand... not my languaje english ...

go devs with your good work if you need sell for your support the work go ahead.....

...and the crypto also... 

[huntley haverstock]

POS reward went from 2lux when no Masternodes were online to the 1.2lux because masternodes need to be paid!

Pretty easy to get that through your thick skull right?

Pos 2lux
1.2 to the pos miner
.8 to the masternode


After block 100,000

Pos 1lux
.6 to the miner
.4 to the masternode

**From The Whitepaper**
“The PoS reward is set to 50% of block reward. However, for the first 100,000 blocks the reward is set to 100% of the block reward. The result is that the current PoS reward is 2 LUX to those staking.”

My head is very thick on this part. If after block 100,000 PoS is 0.6 and MN is 0.4. Who will keep the other 50% of the 2 LUX block reward. ** Originally it was 1 LUX PoS then 1 LUX MN. Is it now 1 LUX Dev while PoS and MN share 1 LUX? ** What asshat math is this?

1-99,999 blocks 2lux pos reward

1.2 to the pos miner
.8 to the masternode


After block 100,000, 1lux pos reward

Pos 1lux
.6 to the miner
.4 to the masternode

That’s it, dev doesn’t get shit.  If you have a MN you get paid.

Do you have an authority to *CLAIM* that 100% PoS will be 1 LUX @ Block 100,000? Or is that your HOPE?

[rahaar]

thank you all fuders , buy some cheap... hohoho merry christmas!!!

I do not against you sell, always the funds are for you will pay all involves with your work.. hope ill make me understand... not my languaje english ...

go devs with your good work if you need sell for your support the work go ahead.....

...and the crypto also...  

yeah lol... damn  i bought whale and fill CND.... as legendary what you recomend me

[SunStruck]

Still not sure what to think about this coin...

[}{uNdd]

all the announcement change to new thread?
can i delete the old thread from the watch list?

[KhunChan]

thank you all fuders , buy some cheap... hohoho merry christmas!!!

I do not against you sell, always the funds are for you will pay all involves with your work.. hope ill make me understand... not my languaje english ...

go devs with your good work if you need sell for your support the work go ahead.....

...and the crypto also...  

yeah lol... damn  i bought whale and fill CND.... as legendary what you recomend me

Give to all poor orphans...  

[KhunChan]

all the announcement change to new thread?
can i delete the old thread from the watch list?

Now everything is just here.

[KhunChan]

I wonder how many enthusiasts wondered about the purpose of developers, and how many of them want what would it be a better world, without obtaining economic benefits? Or is it the investors who think to buy or not? Or maybe it's the ordinary people who want to understand when to throw coins?

[Z1pp4]

Are there plans for using those premined coins (5% of its total supply), dev? Some suggestions such as signature campaign, avatar bounty, etc.

News Coming soon.

Yeah, developers should announce their plans for those pre-mined coins. It's good for both community and might help to stop FUDs about the project.

It has been told many times. They use it for developing purposes, this includes salaries, listing fees, marketing etc.
They also thinking about possibility to burn some amount of premine just to stop that FUD.

[KhunChan]

Are there plans for using those premined coins (5% of its total supply), dev? Some suggestions such as signature campaign, avatar bounty, etc.

News Coming soon.

Yeah, developers should announce their plans for those pre-mined coins. It's good for both community and might help to stop FUDs about the project.

It has been told many times. They use it for developing purposes, this includes salaries, listing fees, marketing etc.
They also thinking about possibility to burn some amount of premine just to stop that FUD.

Maybe instead of burning, arrange a airdrop or some other company for the community.

[Z1pp4]

Are there plans for using those premined coins (5% of its total supply), dev? Some suggestions such as signature campaign, avatar bounty, etc.

News Coming soon.

Yeah, developers should announce their plans for those pre-mined coins. It's good for both community and might help to stop FUDs about the project.

It has been told many times. They use it for developing purposes, this includes salaries, listing fees, marketing etc.
They also thinking about possibility to burn some amount of premine just to stop that FUD.

Maybe instead of burning, arrange a airdrop or some other company for the community.

I am very sceptical about airdrops. I believe, that it does not create any value. Burning will create more trust and value of LUX.

[crypsy]

coin is dead . close the thread .

[Thebestis7950]

coin is dead as a dodo
devs dumped premine
and ran away
end of story

[Prosnip]

As soon as the moderator left this topic, the trolls immediately ran up.
And besides the trolls, there are also fools, pseudo-investors and schoolchildren who do not have money.
The coin has a future. Also there are developers who are actively responding to Discord on any questions about the development and immediate plans.
And this forum, more precisely its branch about this coin is just a fine grain of sand.
I support this coin, but I do not understand those who do not have it and they need to go to the forum and write some nastiness.
Do not like the coin? Go play in Barbie.

[tokenZ]

Not sure if it was a good move to de-moderate this , now all the fudders and craptalkers will overflood it.

And yes , devs really need to come to this forum more often.

There is little to no in depth replies from them, and mostly afk on the discord.

They need to step up their game.

If this is even slightly legit- there is NO reason Dev can't interact.
Speaks miles. Forget everything else - thats a huge red flag.

Still investigating.

[tokenZ]

As soon as the moderator left this topic, the trolls immediately ran up.
And besides the trolls, there are also fools, pseudo-investors and schoolchildren who do not have money.
The coin has a future. Also there are developers who are actively responding to Discord on any questions about the development and immediate plans.
And this forum, more precisely its branch about this coin is just a fine grain of sand.
I support this coin, but I do not understand those who do not have it and they need to go to the forum and write some nastiness.
Do not like the coin? Go play in Barbie.

I "like" it - am holding.
But if a Dev doesn't understand the overall importance of an ANN thread within the cryptosphere...that indicates a considerable issue regarding an oblivious nature, which again raises additional concerns.

Not making judgement yet.

I see you don't have a single (helpful/enlightening) fact in your post above, yet you are judging the naysayers.
Just picking a team like the naysayers have.

How bout we all deal in facts and work together to pick this apart to find the true bottom line re LUX.

Literally the problem with our species... in a fkn microcosm.

*throws up hands

[Dr_Victor]

Inform us please what are you working on, dev team?

[Z1pp4]

Inform us please what are you working on, dev team?

215k155 mentioned this on discord:
good news for us, i got a meeting with canyacoin tomorrow morning, and if everything smooth, Canyacoin will be partner with lux. And we gonna activate luxgate function