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Author Topic: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools  (Read 6525 times)
jslv587
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June 26, 2020, 07:55:46 AM
 #41

Hello, everyone
We have just launched the testnet, and everyone is welcome to participate. If you have any questions, please leave a message at the forum or email us. Thank you all Grin
Create an address, just run "Miner"?
Sherlock.Holmes (OP)
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June 26, 2020, 09:30:06 AM
Last edit: July 09, 2020, 02:54:39 PM by mprep
 #42

Sorry, we found a serious bug that is being urgently fixed, and the testnet will be restarted later.



Emergency bugs have been fixed.
Reply to related questions:
1 This testnet is only used to test mining logic and other systemic issues, the data will not be synchronized with the mainnet.
2 Since the mining mechanism is innovative, the interpretation of the mining parameters will be explained later.



Also need to explain.
Users who previously tested need to re-download the node wallet and run it again.

[moderator's note: consecutive posts merged]
happybirthday12
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June 26, 2020, 05:08:41 PM
 #43

I have mined some coins and found the project interesting. Are there other social media? Or who can create a group?
MineS0755
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June 27, 2020, 03:58:28 PM
 #44

Test the COINS, will normal excavation be destroyed?
Sherlock.Holmes (OP)
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June 29, 2020, 08:10:24 AM
Last edit: July 09, 2020, 02:55:35 PM by mprep
 #45

The mining program of the testnet has been optimized and updated. Interested participants can download the latest program to participate in the test. Thank you



Test the COINS, will normal excavation be destroyed?

Yes, coins mined in the testnet will be destroyed in the mainnet.

[moderator's note: consecutive posts merged]
wolfwolf
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June 30, 2020, 06:49:05 AM
 #46

Is the blockchain explorer currently unavailable?
hextobig
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June 30, 2020, 07:12:09 AM
 #47

In the blockchain explorer page, when I click the "block" button, the latest blocks are not refreshed.

In addition, on the block page, there was one newest block missing.
Sherlock.Holmes (OP)
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June 30, 2020, 03:01:57 PM
Last edit: July 09, 2020, 02:56:01 PM by mprep
 #48

Is the blockchain explorer currently unavailable?

Sorry to hear that, can you show more details about your problems?



In the blockchain explorer page, when I click the "block" button, the latest blocks are not refreshed.

In addition, on the block page, there was one newest block missing.

Thank you very much for your support, we are fixing related issues.

[moderator's note: consecutive posts merged]
fanbigou
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July 02, 2020, 02:59:34 AM
 #49

Our rebate dog can participate in the test, rebate dog is a daily active miner 5000 website
Sherlock.Holmes (OP)
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July 06, 2020, 10:51:55 AM
Last edit: July 09, 2020, 03:26:26 PM by mprep
 #50

Thank you very much for your participation in the testnet.
After nearly a week of testing, a total of 38 independent miner nodes have participated in the test. The current block data is as follows:

1 The testnet stable run for 10 days

2 Generate about 20961 blocks

3 The block parameters are verified to meet the logical expectations

4 We have received emails from 17 independent miners, here we reply to the following related questions:

  4.1 Are the test tokens included in the mainnet?
  The tokens of the testnet are only used for testing and are not included in the mainnet.

  4.2 When does the test end?
  The test will end in about a week or two.

  4.3 When is social media established?
  We will still run in a free and open manner. In principle, we do not actively establish social media channels. All fans are welcome to actively establish social media channels and participate in the communication, thank you very much.

  4.4 What happens when the mining process crashes occasionally?
  After our testing, the mining process occasionally crashed due to insufficient memory. There will be no crashes on mining devices with memory up to 4G.

  4.5 How did a large-scale outage occur in the entire network?
  There was a large-scale interruption of about 30 minutes on the entire testnet, which was caused by the fluctuation of the network where the discovery server of the test network is located. Before the main network goes online, we will deploy multiple discovery servers in different places.

In addition, the testnet will continue to run for about a week or two, and will soon run the mainnet after completion of the test. Everyone is welcome to focus on it.

The description of the block parameters and the logic behind are being collated and will be published as soon as possible.



Our rebate dog can participate in the test, rebate dog is a daily active miner 5000 website

Welcome to participate in the test. Thank you.

[moderator's note: consecutive posts merged]
AllForOneA41
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July 06, 2020, 04:34:06 PM
 #51

Hello when we can expect any Discord or Telegram Account to speak in real time ? Also I would like to have any address to send to other person to check does it works Smiley
sky-white
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July 07, 2020, 06:53:24 AM
Last edit: July 09, 2020, 03:36:46 PM by mprep
 #52

Hello everyone, with the consent of sherlock, I temporarily established a telegram group:
https://t.me/luck_coin_1

Welcome to join, thank you



Hello when we can expect any Discord or Telegram Account to speak in real time ? Also I would like to have any address to send to other person to check does it works Smiley

Can you transfer some test coins to my address?
0xbfd6e69e70c10b4c40ab690718896bd457ad79924dfc44c154

[moderator's note: consecutive posts merged]
AllForOneA41
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July 07, 2020, 08:37:01 AM
Last edit: July 09, 2020, 03:46:55 PM by mprep
 #53

Why I can not send a transaction in test net I'm getting pop up with "insufficient funds for gas* price+value"  Huh



Why I can not send a transaction in test net I'm getting pop up with "insufficient funds for gas* price+value"  Huh
ok sorted I was not fully synced will be good if we will have a block height info in wallet instead of only our local node height

[moderator's note: consecutive posts merged]
sky-white
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July 08, 2020, 07:27:15 AM
 #54

@sherlock
I haved collected a few issues discussed by telegram:
   1 The transaction record of windows wallet can only show the transfer-out record, there is no transfer-in record
   2 The rendering problem of windows wallet: after the view expanded, half of mining window and half of transaction history.
   3 While the windows wallet is synchronizing blocks, the CPU runs 100%.
   4 Is there a bounty after the test is completed.
   5 windows wallet should correctly display current height information.

Welcome to join the telegram: https://t.me/luck_coin_1
Sherlock.Holmes (OP)
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July 10, 2020, 03:04:29 AM
 #55

After a period of testing, the luck project is stable.
The mining process and important parameters (see block explorer for details) are now explained.

Luck adopts a 2POW mechanism, in which the difficulty goal of the first phase is expressed as DifficultyAlpha. Calculate Luck after the completion of the first phase, Luck value range 1---1e+9, record lmax=1e+9. The calculation formula of the difficulty target in the second phase is as follows
DifficultyBeta=Basis*((lmax/(lmax-Luck))^2).

As the number of participating nodes increases, Basis will decrease sharply. The difficulty target in the second stage is more sensitive to the change of Luck, which is not conducive to alliance mining.

In the block explorer, you can see several new parameters, explained below.

Luck: The luck value of this round of mining
Basis: Basic control parameter of the mining difficulty in the second phase
FirstNonce: Random value of the first phase
DifficultyAlpha: Mining difficulty target value of the first phase
DifficultyBeta: Mining difficulty target value in the second phase
SecondNonce: Random value of the second phase
Sherlock.Holmes (OP)
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July 13, 2020, 05:37:01 AM
 #56

@sherlock
I haved collected a few issues discussed by telegram:
   1 The transaction record of windows wallet can only show the transfer-out record, there is no transfer-in record
   2 The rendering problem of windows wallet: after the view expanded, half of mining window and half of transaction history.
   3 While the windows wallet is synchronizing blocks, the CPU runs 100%.
   4 Is there a bounty after the test is completed.
   5 windows wallet should correctly display current height information.

Welcome to join the telegram: https://t.me/luck_coin_1

1 this issues of 1&2 will be fixed in the mainnet.
2 while the wallet is synchronizing blocks, the CPU runs 100%, this is just normal.
3 We are considering pre-minig 1% as a later bounty.
4 windows wallet don't display the height??
AllForOneA41
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July 13, 2020, 07:57:53 AM
 #57

What we mean is that will be good to have blockheight locally/blockchain height
Sherlock.Holmes (OP)
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July 14, 2020, 02:07:30 PM
 #58

What we mean is that will be good to have blockheight locally/blockchain height

Thank you, I understand what you mean, we will take your opinion.
AllForOneA41
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July 18, 2020, 08:03:42 AM
 #59

Hello Sherlock good to see mainnet release date on website any specific time zone?
Sherlock.Holmes (OP)
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July 20, 2020, 09:24:34 AM
 #60

hi all
The testnet has been closed, and the mainnet will be started at 13:00 UK time on July 21.
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