@LithosProtocol

Decentralized PoW Mining Pool Protocol. Miners build their own blocks, earn extra rewards, and get paid by smart contracts. #Ergo

lithosprotocol.org
Joined July 2022
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Lithos Protocol decentralizes block production, returns extra revenue to miners, and ensures all payouts stay non-custodial. Our goal is an unstoppable network. lithosprotocol.org
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github.com/Lithos-Protocol/L… Lithos Mainnet 1.0.6 is out. This is a critical update which improves block finding chances by 7 - 10%, and storage rent profitability by 20 - 40%. Please update as soon as possible for better rewards, along with some other small fixes.

Release Lithos Mainnet 1.0.6 · Lithos-Protocol/Lithos-Client

Block Finding & Profitability Improvements This critical update adds changes to how the node block cache is managed by the client, which should lead to improvements of at least 7% in block fin...

github.com
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The dark forest is the crypto idea that the public mempool is a hostile place. once you reveal a valuable transaction, bots can see it and extract value from it before it confirms. Lithos changes this.
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By letting miners build their own blocks locally, it changes the power structure so the entity providing the security (the miner) has privileged, direct control over settlement and can keep more of the surplus.
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The competitive bot environment still exists, but the people actually securing the network now capture a larger share of the value instead of leaving most of it to outside middlemen.
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The competitive “bots vs. everyone” environment on blockchains doesn’t go away with Lithos. Bots can still watch transactions and try to profit from them. What changes is who ends up capturing most of that profit.
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It’s a deliberate design choice. Put more of the profits in the hands of the people actually securing the chain, at the cost of some of the specialized efficiency that pure bot markets have developed.
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Energy settled markets give us this ability in PoW. As we build out P2PFi leveraging this design interesting things become possible.
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Diff futures are live. Usage is small, though that's not the important part . Lithos is very powerful and honestly we have both the tools and the userbase to implement pretty much any eUTXO protocol imaginable.
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Anything self-contained, so the vast majority of protocols and contracts, can be implemented really quickly and easily.
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Anything we make or add will have its own set of batchers and off-chain bots who will broadcast it or include it in their blocks as long as they get a little bit of profit for it.
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LITHOS Protocol retweeted
LITHOS Protocol@LithosProtocolOct 20
One note: This update will cause your statistics database to reset. This does NOT effect normal operations, you will still be able to mine, lend, submit NISPs, get payouts, etc. It will make some parts of the webpanel and API not work properly until the resync is finished.
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P2PFi is finance where the peer who finalizes the block can also complete the trade. P2P networking is flat. A true peer can do all the important work locally. Hold keys See state Construct a candidate Prove work Settle under public rules.
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This release has difficulty forwards, automatic reward sweeps, new lending stats, and many small bug fixes. Check it out when you get the chance! github.com/Lithos-Protocol/L…

Release Lithos Mainnet 1.0.5 · Lithos-Protocol/Lithos-Client

Difficulty Forwards and Wallet Fixes Adds difficulty forwards: peer-to-peer forwards / futures contracts on Ergo's average difficulty, settled on chain in LIT, with a new Extensions section on...

github.com
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One note: This update will cause your statistics database to reset. This does NOT effect normal operations, you will still be able to mine, lend, submit NISPs, get payouts, etc. It will make some parts of the webpanel and API not work properly until the resync is finished.
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github.com/Lithos-Protocol/L… Quick fix for people running into issues for wallets with small amounts of UTXOs inside them. A proper fix along with some new features will be coming in the next update.

Release Lithos Mainnet 1.0.4 · Lithos-Protocol/Lithos-Client

Hotfix Quick fix for a utxo reservation bug, caused by fee-less NISP submissions failing to release reservations when rollup sources are used in candidates. Commit: 448cd28 To run the application...

github.com
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LITHOS Protocol retweeted
hardx4.base.eth
@chibataflixOct 17
É impressionante, como a adoção tem crescido ao @LithosProtocol. Estude Lithos, estude ergo:native.
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