What is LytixChain (LYTX Coin)?

Lytix is a 3 tiered blockchain model with stakers, masternodes, and the revolutionary MaxNodes system.
Our stakers and Masternodes power the network, but the 3 tiered MaxNode infrastructure opens the door for Enterprises to use the blockchain as an advertising platform, giving them access to all Lytix users and investors. MaxNode operators hold the keys to the true power of Lytix and are rewarded handsomely.

Lytix Community

Many blockchain communities have centralized leadership, meaning a few people at the top make the decisions for everyone else. Lytix community is purposely structured to avoid this. Responsibility for development and discussion are distributed between many parties. This prevents the biased form of “governance” that other blockchains are susceptible to.

P2P Marketplace

Consumers no longer need to search for hours, looking for who accepts their crypto currency. A marketplace will be integrated into their wallets, where advertisers can list their product and services for sale. Connecting both buyers and sellers without any third parties.

Blockchain Network

The blockchain network is powered by hundreds of masternodes and maxnodes across the globe, By being a ledger of information that is distributed across various a P2P network, lytix blockchain ensures the security of data by not having a single point of failure.

Get Started

Download Lytix Wallet

Windows
MacOS

The wallets shown on this page are all developed by the development team of the Lytix Chain Foundation.
Please contact the developer if you encounter any problems during use.

Get Lytix

Where to buy?

You can buy and sell Lytix online at crex24 exchange market.
Also, if you already own Lytix you can share it with your friends in a matter of seconds.

Tech

LYTX Coin Info

Core Specification

Coin name
Lytix
Ticker
LYTX
Algorithm
PoS + Masternodes + Maxnodes
Block time
1 min
Block confirmations
16

Wallet ports

Mainnet port
27071
RPC port
27073
Testnet port
27072

Coin collateral

Masternode collateral
5000
Maxnode collateral
100,000

Coin Emission rate

Block reward
10
Rewards payout scheme
MN40%/ MAX30% / STK30%
POS Rewards Breakedown
every 350,000 blocks

Coin Status

PoW Phase Period
February 2019 - block 100,000 (FINISHED)
PoS Phase Period
February 2019 from block 100,001 onward (CURRENT)
Premine/No ICO
500,000 PREMINE (ALL PAID OUT)

Coin supply

Max supply
100,000,000 LYTIX

Road map

2019 Q1

POW mining ended
% 100 % 100 % 100
Listing on Crex24
% 100 % 100 % 100
POS started
% 100 % 100 % 100
Start coding for maxnodes
% 100 % 100 % 100

2019 Q2

Main coding for maxnodes
% 100 % 100 % 100
GUI work for maxnodes
% 100 % 100 % 100
Test activation and proper working of maxnodes
% 100 % 100 % 100
Rewards scheme changed
% 100 % 100 % 100
Spork enforcement of maxnodes to cut over on a certain block/date
% 100 % 100 % 100
Test spork
% 100 % 100 % 100
Maxnodes release
% 100 % 100 % 100

2019 Q3

New website and logo
% 100 % 100 % 100
Preliminary review request on Bittrex
% 10 % 10 % 10
Obtaining legal opinion letter for Bittrex
% 0 % 0 % 0
Submitting listing request on Bittrex
% 0 % 0 % 0
API work on maxnodes for Data API
% 0 % 0 % 0

2019 Q4

Test chain and determine if a side chain is appropriate
% 0 % 0 % 0
Research encrypting data insertions by default
% 0 % 0 % 0
Testing new client for encryption
% 0 % 0 % 0
API release for maxnodes
% 0 % 0 % 0
Document and market maxnodes
% 0 % 0 % 0

2020 Q1

New goals
% 0 % 0 % 0

Lytix Releases

Scroll down for details on the latest Lytix releases

SEO

Lytix Core v2.1.0

v2.1.0 is a MANDATORY release

This release is MANDATORY because it has changes to our reward system and a new protocol that will be enforced when we reach block 515000.

Finished xcb integration, updated bitcoin_qt.m4, New checkpoints and code cleanup.

Masternode new collateral is 10,000 LYTX and will take effect when we reach block 510000.

New rewards are 60% maxnode, 20% masternode and 20% staking. It will take effect when we reach block 515000.

Release page in Github

Lytix Core v2.0.3

v2.0.3 is an OPTIONAL release

This release has recent checkpoints and the correct checkpoint for the chain split that occurred at block 312987. It should help keep your nodes on the right chain.

Packages have been updated to a more recent Qt as well. We no longer need different Mac OSX builds after this release. This release also has the new branding with the new logo and motto.

Release page in Github
Release notes in Github

Lytix Core v2.0.1

OPTIONAL - This release ignores maxsync to enable staking until we can completely clean off the 1.7.5 nodes.

Use this for your clients to stake and keep the network going so we can kill off the old nodes.

This release is OPTIONAL and the only reason you would need it is if you are going to stake with your wallet.

Release page in Github
Release notes in Github

Lytix Core v2.0.0

MANDATORY RELEASE for ALL clients and masternodes

If you are staking as then you are free to wait until close to block 300,000 before moving over.

This release contains the following enhancements:

  • Maxnodes - ability to create and manage maxnodes
  • Rewards changes
  • Removal of zLYTX

Release page in Github
Release notes in Github

Lytix Core v1.7.5b

OPTIONAL - not needed unless you are having issues with crashing daemons

  • Bug fix for issue 11 - #11
  • Seed node changes
  • Wallet crash fixes, spork removals, and checkpoints added

Release page in Github
Release notes in Github

Lytix Core v1.7.5

OPTIONAL Release

This release changes some of the seed nodes to the consolidated list

  • Also bans all version prior to 1.7.4 due to chain forking issues.
  • Update if you want. It is not required in any way.

Release page in Github
Release notes in Github

Lytix Core v1.7.4

#MANDATORY RELEASE for ALL clients and masternodes

Bug Fixes:

  • Critical bug fix in rewards structure for Proof of Stake
  • To compensate for the bug I am awarding 100 LYTX as the reward for 10,000 blocks 50 = Staker and 50 = Masternode winner

Release page in Github
Release notes in Github

Lytix Core v1.7.3

Lytix Core v1.7.3 is a MANDATORY release for all wallets, masternodes, servers, and seed nodes. We will implement a soft fork at block 90,000 to move to the new Proof of Stake switch over at block 100,000. If you do not upgrade your clients by that date they will be blocked by the network and all nodes running code at 1.7.3.

Bug Fixes:

  • Implemented the Fake stake DoS fix for this vulnerability: Fake Stake Attacks
  • Fixed daemon stability in #5 thanks to Eureka's debugging. Thank you for finding that.
  • Fixed #8 so the Privacy tab loads properly when zLYTX begins at block 150,000

Release page in Github
Release notes in Github

Resources

Get the latest documents and guides that are posted.

our blog
Read Our News

Latest Blog Post

This release has recent checkpoints and the correct checkpoint for the chain split that occurred at block 312987. It should help keep your nodes on the right chain.

Read Full Story

FAQs

Find answers to your questions about Lytix.

Lytix is now in the Proof of Stake phase, so the best means of getting Lytix would be to visit one of the Exchanges and purchase it there. Once you have at least a good 20,000 Lytix you can then stake that amount and earn more. You could also set up a masternode for 10,000 Lytix and earn more from that.
We have a discord community and a telegram community. Both get regular updates, but the Discord community has more traffic at the moment. We are also on Twitter, YouTube and Medium.
We want to use the Lytix blockchain as a means to store data items and decisions that require immutability. The blockchain is the perfect place to store data decisions, compliance items, or prove chain of custody. Our goal is to develop Lyix into the premiere data immutability solution for consumers and companies.
You can contact us via Discord links below, via e-mail at web@lytixchain.org, or via Telegram or Twitter. We have a global presence, so a community member or team member will answer anything you need.
Lets Get In Touch

Contact Lytix

Please reach out if you need more information about the project or information about the foundation and our mission.

Our Location

San Antonio, TX, United States Of America.

Our Email

Main Email : web@lytixchain.org