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Name: LUXCOIN - Retail Miner-Friendly Smart Contract Platform

Ticker: LUX

Price Info: -

What is Luxcoin?[ ]

LuxCoin claims to have the most efficient GPU (graphics card) mining algorithm, and is also ASIC (application-specific integrated circuit) resistant, meaning that miners don’t need heavy duty machines to mine LUX. It also has SegWit implementation, which is a protocol that segregates part of the information in a transaction to make transactions smaller and faster.

Smart contracts are also employed. Wealthier users can run masternodes and access a hybrid POW/POS algorithm.

Projects[ ]

In Q1 2018 LuxCoin seeks to activate stealth addresses, and implement public and private parallel masternodes through their LuxGate platform.

Milestones[ ]

LUX recently released their whitepaper v.2.0, redesigned their website, and implemented ZeroMQ protocol in their wallet for block and transaction broadcasting.

In March 2018, Lux will be burning coins, as well as activating SegWit implementation and smart contracts.

Competition/ Similar Coins[ ]

Groestlcoin (GRS)

Pirl (PIRL)

Ellaism (ELLA)

Convert LUX to USD/EUR/GBP/Fiat[ ]

Easily Calculate or Convert LUX to US Dollars, Euro or Great Britain Pounds other World currencies below.

Our Crypto Converter makes this as easy as a breeze.