What's new in luck:

In the Bitcoin network, as the computing power of the mining pool continues to increase, individual nodes can no longer independently participate in mining. Individual miners can only participate in mining by joining the mining pool, which completely deviates from "one-CPU-one-vote" vision. In essence, a mining pool is only equivalent to a node, monopoly mining is very terrible. In addition to unfair incentive, monopoly mining is possible for mining pools with greater computing power to be actively or passively carryed out attacks on the network, resulting in the collapse of the entire system.

We believe that in the Bitcoin network, the formation of the mining pool is inevitable, because in the proof-of-work mechanism, the miner can outsource part of his work to other miners. The cooperative mining between miners is obviously superior to non-cooperative mining. The traditional view is that the formation of the mining pool is due to the ASIC. We believe that this is not the key reason. Many existing projects eventually formed the mining pool after adopting the anti-ASIC strategy. The strategy only limits the growth speed of the computing power of a single node, but the advantages of cooperative mining are still obvious.

In the traditional proof-of-work mechanism, we believe that cooperative mining is inevitable. This is because there are no puzzles can’t be outsourced.

We propose a two-phase-proof-of-work mechanism to solve the problem of cooperative mining. We introduce a concept of "luck" in each round of mining, that is, miners rely on luck to mine. We split each round of mining tasks into two phases of proof of work, the first phase is a lightweight task to complete the calculation of the luck , and then calculate the difficulty of the second phase of the mining task according to the luck, The higher the luck, the smaller the difficulty, the smaller the luck, the greater the difficulty. The second phase is to complete the corresponding work according to the corresponding difficulty. We can prove that under this two-phase-proof-of-work mechanism, the expected output of miners' cooperative mining is lower than that of their non-cooperative mining. This is the key to achieving "one-CPU-one-vote". Whether each node belongs to the same miner, it will choose to mine independently.

In luck network, the systemic risk of the network is no longer a 51% computing power attack, but a 51% node attack, that is, a mine owner has mastered more than 51% of independent nodes in the entire network. Attacks are destructive to the system. But obviously, it is much easier to master 51% of the computing power than to master 51% of the nodes. In addition, for the  two-phase-proof-of-work mechanism, if the number of honest nodes in the whole network is enough, for example, more than 1000 nodes, even if a miner has mastered 51% of the nodes, he wants to make a profit through a fork, he needs on average to mine 1000000 blocks to catch up with the main network, which is a huge cost.



We are looking for:

     1. If you have experience in social media, we would like to talk with you about spreading the project.
     2. Some miners who would like to paticipating in mining.

Feel free to contact us at Sherlock.Holmes.luck@protonmail.com


Wallet

https://github.com/luck-network/LUCKcoin/releases/download/1.15.0/Luck.zip
    

News

Mainnet has been opened on Sep 19, 2023. Welcome to join.


How to mine -- base on windows

 Prepare
Download the windows wallet from the website and unzip it.

 Start
Double click "Luck.exe" in the unzipped directory.

 Accounts management
Click the "Account" tab, then click the "New Account" Button, input the "unlock password" to create a new account.

In the "Accounts" area, you will see all accounts.

 Mining
Click the "Miner" tab, input the miner's address, then click the "Start" button to start mining.

Click the "Stop" button to stop mining.

 Send transactions
Click the "Transaction" tab, input the sender's address, the receiver's address, and the amount, then click the "submit" button to send a transaction.

Specifications

Name                PerFix
Symbol                PFX
Launched                27-05-2023
Version                v1.5.0
Language                C++
Hash algorithm        ProgPowZ
Consensus                POS + POW
Block time                1 minute
Block reward        10 PFX
Maximum Supply    8 (uncapped)

Explorer

        https://explorer.perfix.io             

Wallet

https://github.com/PerfixCoin/Perfix/releases/download/v.1.5.0/Perfix_v1.5.0.zip

Exchanges

https://xeggex.com/market/PERFIX_USDT

Trusted & Secure Crypto Project

PerFix is a technology that seeks to combine the latest advances in digital finance, decentralized applications and artificial intelligence.
The security of your transactions is ensured by the time-tested CryptoNote protocol. The hybrid POW and POS consensus algorithm makes it possible for anyone to mine and use PerFix.

How to start?

Choose your wallet
To start using PerFix, first of all, you will need a wallet. Visit our downloads page and choose the wallet that suits you.
There are PerFix wallets for different platforms that provide everything you need so that you can start using PerFix right now.

Get some coins
After the wallet is installed, you will need to put some coins into it.
You can use mining to get PerFix coins or buy PFX on a cryptocurrency exchange.

PerFix principles

Safety
Users must be able to trust PerFix for the security of their transactions, without the risk of errors or attacks on the network. All transactions are cryptographically secured using
the latest and most efficient encryption tools.

Privacy
PerFix takes the privacy of its users seriously. The highest level of privacy must be available to all users without exception, whether they are technologically competent or have no idea
 how cryptography works. A PerFix user should not feel pressure on their habitual rhythm of life and their expenses due to the risk that other users may find out about them.

Decentralization
PerFix aims to provide the maximum degree of decentralization in both network security and code development. The hybrid POW and POS consensus algorithm prevents specialized
 mining hardware (ASIC) from dominating the network and allows for a fair distribution of rewards for finding new blocks. In addition, development and research are carried out within
 the framework of global cooperation and are carried out with maximum transparency. Each development decision is open to public discussion and voting.

PerFix development and research
Subnet, smart contracts and decentralized applications
PerFix is launching a subnet and its own Gas Token PFXT on the Avalanche platform, this will enable the project to scale. PerFix users will be able to implement fast smart contracts for
decentralized applications with configurable fees and other benefits of the Avalanche network. To pay for Gas, users do not need to purchase an additional asset, all transactions will be
 made with the PFXT token. To convert PFX for the PFXT token, an autonomous decentralized exchange office will be launched.

Neural network and artificial intelligence
Inspired by the successful experience of fellow programmers, PerFix begins research aimed at launching a neural network. Artificial intelligence successfully copes with some tasks,
 including helping users with code generation. Artificial intelligence that will generate the smart contract code in the Go (programming language) is the goal of our research! In our
opinion, this technology will give a large influx of new users to the sphere of the blockchain and will make it easier for developers to perform some tasks.