LITHOS Protocol (@lithosprotocol) 's Twitter Profile
LITHOS Protocol

@lithosprotocol

Decentralized PoW Mining Protocol with built-in DeFi 🔥 Open-source forever and built on #Ergo

ID: 1548049789459128321

linkhttps://lithos.work calendar_today15-07-2022 21:00:23

61 Tweet

633 Takipçi

24 Takip Edilen

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Let's breakdown Lithos in a simple overview With a little help from NotebookLM and feeding the right context; we have a great explanation of what Lithos is about and how it plans to solve centralization in PoW mining. $ERG $BTC $KDA #PoW #Mining

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Lithos brings mining back to Satoshi’s vision — on-chain, transparent, and censorship-resistant. Built on Ergo with NISPs + Collateralized Pools for true decentralized PoW. ⛏️ #Ergo #Crypto #Mining #DeFi

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Lithos ends black-box mining. ⬛️ Every share, payout, and rule lives on-chain — fully transparent, verifiable, and fair. Built on Ergo with smart contracts and NISPs for true decentralized mining. ⛏️ #Ergo #Lithos #Mining #DeFi $ERG $BTC

∑rgo2Top10 (@ergo2top10) 's Twitter Profile Photo

#Ergo has LITHOS Protocol, a project that aims to create a #decentralized #mining pool infrastructure by providing a low-risk opportunity for lenders to earn yield on their $ERG by providing collateral to mining pools while promoting increasingly decentralized block production.

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

NISPs are the secret sauce behind Lithos. They compress millions of mining shares into a single on-chain proof — keeping it fast, cheap, and transparent. Scalable, verifiable mining the way PoW was meant to be. ⛏️ #Ergo #Mining $ERG $BTC $KAD #POW

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Most PoW chains remain centralized. Bitcoin’s top 3 pools — Foundry (~30%), AntPool (~17%), ViaBTC (~11%) control ~60% of hashrate, similar to $ETC and $DOGE. See miningpoolstats.stream Lithos puts mining on-chain. Transparent, fair, decentralized. ⛏️ $ERG #Mining $BTC

Most PoW chains remain centralized.

Bitcoin’s top 3 pools — Foundry (~30%), AntPool (~17%), ViaBTC (~11%) control ~60% of hashrate, similar to $ETC and $DOGE. 

See miningpoolstats.stream

Lithos puts mining on-chain. 

Transparent, fair, decentralized. ⛏️ 

$ERG #Mining $BTC
Armeanio (@erg_armeanio) 's Twitter Profile Photo

Lithos Updates: LITHOS Protocol - Finished HTML UI - Cleaned up many contracts along with adding better documentation - Started refactoring codebase to make things a bit more organized - Added scripts to launch initial utxos onto testnet - Made some stratum fixes for rigel and

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

BIP-444 is Bitcoins first real content filter. It doesn’t just tweak OP_RETURN it invalidates transactions based on what data they carry. Thats censorship at the consensus layer, not “spam protection” Lithos: transparent, on-chain, no coercion. #BIP444 #Bitcoin $ERG $BTC #Ergo

BIP-444 is Bitcoins first real content filter.
It doesn’t just tweak OP_RETURN it invalidates transactions based on what data they carry. Thats censorship at the consensus layer, not “spam protection”

Lithos: transparent, on-chain, no coercion. 

#BIP444 #Bitcoin $ERG $BTC #Ergo
Alex Chepurnoy (@chepurnoy) 's Twitter Profile Photo

Interested in building simple and powerful privacy tools? Check ErgoScript whitepaper! "ErgoScript, a Cryptocurrency Scripting Language Supporting Noninteractive Zero-Knowledge Proofs" storage.googleapis.com/ergo-cms-media…

Armeanio (@erg_armeanio) 's Twitter Profile Photo

Lithos client is almost ready for completion. Will send update later today with details. Current thing we are working with is the presence of dev fees in mining software, it seems that implementation of these fees differs on different software. It’ll take a little bit of

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Mining shouldn’t run on trust, it should run on proof. Lithos puts the entire pool on-chain, making every payout, rule, and result transparent and verifiable. No middle layer. No guesswork. Just decentralized mining done right. ⛏️ #Lithos #Ergo #Crypto #DeFi #Mining

LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

How much do you really know about the pool you mine on? 🤔 Who decides your payouts? What happens behind that dashboard? With Lithos, nothing’s hidden. Every rule, share, and reward is on-chain. Transparency isn’t optional. It’s built in. ⛏️ #Ergo #Mining #DeFi $ERG $BTC $KAD

How much do you really know about the pool you mine on? 🤔

Who decides your payouts? What happens behind that dashboard?

With Lithos, nothing’s hidden. Every rule, share, and reward is on-chain.

Transparency isn’t optional. It’s built in. ⛏️

#Ergo #Mining #DeFi $ERG $BTC $KAD
TMR.ΣRG (@tmr_erg) 's Twitter Profile Photo

Sigmaquest will begin at 16:00 UTC this Sunday, November 9th! Here's a list of time zones for you: UTC: 16:00 PT (USA West): 8:00 AM ET (USA East): 11:00 AM UK: 4:00 PM CET (Europe): 5:00 PM Moscow: 7:00 PM India: 9:30 PM China: 12:00 AM (next day) Japan/Korea: 1:00 AM

Sigmaquest will begin at 16:00 UTC this Sunday, November 9th! Here's a list of time zones for you:
UTC: 16:00

PT (USA West): 8:00 AM

ET (USA East): 11:00 AM

UK: 4:00 PM

CET (Europe): 5:00 PM

Moscow: 7:00 PM

India: 9:30 PM

China: 12:00 AM (next day)

Japan/Korea: 1:00 AM
LITHOS Protocol (@lithosprotocol) 's Twitter Profile Photo

Asking for a friend…⛏️ What’s your go-to software for mining $ERG these days? Rigel? NBminer? TeamRed? Something custom? Curious what the community’s rocking before Lithos Testnet fires up. 🔥 #Ergo #Lithos #Mining #Crypto #PoW