Lux will introduce Smart Contract capability that will enable the unification of blockchains through LuxGate and PMN.
PHI2 presents the most efficient GPU mining algorithm. GPU friendly, and ASIC resistant. High hash rates, without increasing power consumption. Providing miners with more profitability due to lower electrical costs.
Total PoW blocks = 6,000,000
Block Size = 4MB
Block Time = 60s
POW Block Time = 120s
POW Rewards = 5 (POW) + 2 (MN) + 1 (DEV FEE)
Default Port: 26969
Lux legacy address start with L
p2sh-segwit address start with S
LUX PoS is Static, not Dynamic. Dynamic rewards a % based on the amount of coins you hold, which can cause those that hold less, to wait days or even weeks for rewards. Our system rewards a static 1LUX to all staking, regardless of the amount of coins. Those that hold more coins, are rewarded more often. This allows for all individuals staking to be rewarded, without long waiting times due to others large weight. Which means, having your wallet open and staking is a great way to increase your coins.
POS STATISTICS :
POS Rewards = 1 LUX
Target Spacing: 120s
Maturity = 80 Blocks
Minimum Stake Age = 36 Hours
No Maximum Stake Age
Unlimited Maximum PoS
Masternode Requirement 16,120 LUX
Masternode Reward 25% PoW/PoS
Dev fee 16.67% PoS