Lux will introduce Smart Contract capability that will enable the unification of blockchains through LuxGate and PMN.
PHI1612 presents the most efficient GPU mining algorithm. GPU friendly, and ASIC resistant. Higher hash rates, without increasing power consumption. Providing miners with more profitability due to lower electrical costs.
Total Blocks = 6M
Block Size = 4MB
Instamine protection activated for the first 500 blocks
Block Rewards = 10 LUX
Block Time = 60s
Transaction Confirmations = 10 Blocks
Minimum Transaction Fee = 0.0001
Default Port: 28666
RPC Port: 9888
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 :
First 100k blocks = 2x Reward(2LUX)
Target Spacing: 120s
Maturity = 80 Blocks
TX Confirmation = 10 Blocks
MinimumStake Age = 36 Hours
No Maximum Stake Age
Unlimited Maximum PoS