[ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools

[vjudeu]

What about exchanges? Currently, qTrade supports only Luck v1, so are there any plans to add support for Luck v2 on qTrade? Also, as you can see, and as I told you before, hard forks are harmful. They need very high level of support from existing nodes, in other case it just can cause chain split, just because if node operators won't do anything, they will cause a split, even accidentally, just by lack of information about future version (that happened when upgrading to RandomX). More than that: if users are getting a lot of coins by using Luck v1, then they have no reason to upgrade to Luck v2.

So, the conclusion is: if mainnet is still not released and if there is a way to upgrade the network in a soft-fork way, maybe it should be done that way? And if not, then it is better to think about listing on exchanges sooner than later (unless you want to make it fully decentralized and support some kind of atomic swaps by default in the client, or maybe some kind of other decentralized trading). Discord trading is also an option, but then users should know how to do it correctly, how to use Escrow, etc.

TLDR: We should think about trading ahead of time and show users how they can safely buy/sell Luck v2 if they have other coins.

[1714771010]

1714771010

[1714771010]

1714771010

[Sherlock.Holmes]

What about exchanges? Currently, qTrade supports only Luck v1, so are there any plans to add support for Luck v2 on qTrade? Also, as you can see, and as I told you before, hard forks are harmful. They need very high level of support from existing nodes, in other case it just can cause chain split, just because if node operators won't do anything, they will cause a split, even accidentally, just by lack of information about future version (that happened when upgrading to RandomX). More than that: if users are getting a lot of coins by using Luck v1, then they have no reason to upgrade to Luck v2.

So, the conclusion is: if mainnet is still not released and if there is a way to upgrade the network in a soft-fork way, maybe it should be done that way? And if not, then it is better to think about listing on exchanges sooner than later (unless you want to make it fully decentralized and support some kind of atomic swaps by default in the client, or maybe some kind of other decentralized trading). Discord trading is also an option, but then users should know how to do it correctly, how to use Escrow, etc.

TLDR: We should think about trading ahead of time and show users how they can safely buy/sell Luck v2 if they have other coins.

thank you so much for your suggestions.

we have also considered the issue of exchanges very carefully, but to reduce the loss of investors, we do not recommend that large transactions occur in the early stages of system for instability.

We upgraded to luck v2 also to elimate the  advantages of GPUs , because luck’s core design is to mine by luck, eliminate public pools, and realize "more nodes = more decentralization", which requires more nodes to participate in a low-cost way.

There are many technical details that need to be considered against GPUs, so we are gradually improving the parameters to strive for more nodes to participate in mining in a low-cost, non-cooperative manner within a long time after the mainnet launched.

We will start the second round of testing as soon as possible within these few days, please be patient.

[Sherlock.Holmes]

The second round of testing has been released, and the testing method is the same as the first round.

[hextobig]

The second round of testing has been released, and the testing method is the same as the first round.

The block details page has some display problems in the explorer, you need to check it.

[Sherlock.Holmes]

Hello everyone. The second round of testing will be closed at 10 am on March 1, 2021. current running is normal. The addresses for the second round of testing are as follows：
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x2380caa3a0c498c60d670db07fb9aa2bc80e0ad22e799b370c",
        "0x95bc3a422202d110f2a80274424ee59f315569c6349d88d814",
        "0x33db5c024aa8a011e55da0a8b30f3556890096606855aaf882",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xee25ec6f31c5120cd089d40f918c1f61494fbcaaf612a35378",
        "0x67b61034f9e8164c25c16f66db0d3045fc2fff87a1a27a7bc4",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab"

The miannet will be launched at 8 am on March 4, 2021.

Notice: The following addresses participating in the test will be rewarded with 800 tokens  after the mainnet launched.
        "0xd9ca77c51158fb9f0d420ada07c9e1a3448ce3566916fa0813",
        "0x0fe37439dff021c60c3ecf7d9511976a2df8ae9b0311b1c681",
        "0x2380caa3a0c498c60d670db07fb9aa2bc80e0ad22e799b370c",
        "0x95bc3a422202d110f2a80274424ee59f315569c6349d88d814",
        "0x33db5c024aa8a011e55da0a8b30f3556890096606855aaf882",
        "0x9540db97c81de67d08fef2d60a1ccea41263a30772ce90a9e2",
        "0xc21df9b5f2d0ce29fca882d56164185b06759a6c85becd120f",
        "0xee25ec6f31c5120cd089d40f918c1f61494fbcaaf612a35378",
        "0x67b61034f9e8164c25c16f66db0d3045fc2fff87a1a27a7bc4",
        "0xba1448c2a4e20a2b485f6378176f46068fa6a1e0cb066589ab"
        "0x2d0d24a420ce11d50d73b2f98976ad262da6c8798da1c7cc3a",
        "0x971a0a01edaf5d97956eb9f157b56fa76e824e3bafb008f2fc",
        "0xd619d7d8738b59e9409c18b49502fc40a416c80f2e950a71c2",
        "0xd5af3ff0331ffd35850fb03063113be3a8a0a77e0f15de5e12",
        "0x66c9b3ac22816cb6c7d16289e0cfffeb97250e1341934d536b",
         "0xb5b5c64a9eafe02f83f004079418ea8b00b457490498a0a714",
        "0xd54bfd1f4a443811ac203ad740712fe3f9ca90ac9039275704"

[intuit68]

The miannet will be launched at 8 am on March 4, 2021.

The wallet program on the website has not been updated.

[hextobig]

Do you refresh the page or clear the cache? Try it.

[wolfwolf]

A small suggestion, in the windows wallet, no progress feedback is given during the plotting process.

[the0neyes]

Why is this software trying to access all.mainnet.fortdisco.net ?
"Fort Disco" is also perhaps by chance a simple old windows botnet used for C&C.

-Passord input is even in cleartext (bad practice)
-Discord is "dead" with only 1-2 fans, the rest bots and spam even on mainnet launch day
-Windows version is over 10x size than linux with seemingly unnecessary files like ffmpeg.dll.

I would advice extreme caution with this software until a satisfactory response or explanation has been provided.

[Sherlock.Holmes]

Why is this software trying to access all.mainnet.fortdisco.net ?
"Fort Disco" is also perhaps by chance a simple old windows botnet used for C&C.

-Passord input is even in cleartext (bad practice)
-Discord is "dead" with only 1-2 fans, the rest bots and spam even on mainnet launch day
-Windows version is over 10x size than linux with seemingly unnecessary files like ffmpeg.dll.

I would advice extreme caution with this software until a satisfactory response or explanation has been provided.

thank you so much for your suggestions.

1 Since luck2 is optimized based on ethereum in software engineering, some designs in ethereum are introduced, such as trying to access DNS discover network. currently all.mainnet.fortdisco.net does not exist, but it does not rule out that some automatic discovery network strategies will be activated when there are more nodes in the future.

2 The problem of password input in plaintext, we have recorded it, and will fix it in next week. If you are worried about security, it is recommended to use the linux wallet first.

3 Discord was established by other community members, and we don't know the specifics of the operation. For the time being, we can't give more opinions. We are more concerned about the stability of the core system of the project.

4 The size of the windows is about 2 times that of the linux, not 10 times. Which contains part of the GUI framework and GUI components. There may not be many unnecessary files.

[Sherlock.Holmes]

In addition, some members asked via email when to transfer tokens before the 388000 block in luck to luck2.

We will start it today, and it may be completed within one week.

[Retro78]

Qtrade has no plan to support LUCK v2 and it closing the market ,
 where we should withdraw our tokens and how it would be transferred into the new LUCK?

[Sherlock.Holmes]

Qtrade has no plan to support LUCK v2 and it closing the market ,
 where we should withdraw our tokens and how it would be transferred into the new LUCK?

We have synchronized the tokens before the 388000 block of Luck v1 to the Luck v2 by pre-mining.

We are not clear about the withdrawal of tokens in the exchange. Please consult the specific person in the exchange.

[intuit68]

Mainnet height at 9034

But my computer is mining on fork，height at 11776

restart，Re-sync block，back to normal。

[AkameXKurome]

none intrested on this project anymore? 😂

[vjudeu]

none intrested on this project anymore? 😂

Well, blocks are still produced, so some people are still interested. I still think that getting pool resistance should be done in a different way, but devs still believe in their vision and they want to see in practice is it good enough or not. So far, the network works, at least for me.

[Sherlock.Holmes]

The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

[wolfwolf]

At present, luck2's system running well, and the source code will be opened in the near future.

well, i'm still holding on.

[hextobig]

The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

Can you explain in detail the anti-GPU design of luck2?

[joker_josue]

The optimized luck2 wallet has been released, which does not affect the nodes and wallets. The updated content are as follows:
1 The password input of the windows wallet is displayed as ***
2 Display the plotting status.

At present, luck2's system running well, and the source code will be opened in the near future.

How can you mine using the windows wallet?
I already made the plot, it indicates that the plot is complete, but when having to start mining, it says that it is only possible after the plot is completed.

What can I do?