About LUXCoin
LUXCoin (LUX) is a cryptocurrency launched in 2017. Users are able to generate LUX through the process of mining. LUXCoin has a current supply of 14,496,541.42703717 with 13,489,308.62703717 in circulation. The last known price of LUXCoin is 0.00679513 USD and is up 0.00 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Additional info about LUXCoin
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Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
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1 Year | $0.00 | 0.00% |
FAQ
LUXCoin is a cryptocurrency belonging to the LUXCORE blockchain. According to its whitepaper, LUXCORE is an open-source blockchain that contains groundbreaking, an energy-capable ASIC immune algorithm PHI1612 and a tradable entity - LUXCoin. LUXCORE offers a group of vital protocols and tools for better integration for businesses that need permissioned blockchain networks. The platform aims to support and enhance such networks for institutions and organizations with the future consulting arm.
LUXCORE's PHI1612 proposes a capable ASIC-resistant GPU mining model with quicker hash rates and lesser power and heat usage by approximately 10 percent. LUXCORE blockchain elements are accessible by end-users at no additional cost. Any individual who utilizes LUXCoin can access the blockchain by utilizing LUXCORE wallets or mine to sustain the network and achieve rewards. Blockchain utilizations mean the blockchain's security segments are also open for everyone.
According to its whitepaper, the platform reflects a hybrid model that supports both Proof-of-Work and Proof-of-Stake and hence provides more reliability. Further, the full nodes and wallets that are opened for staking also offer better network stability. LUXCORE's main products are primarily closed source and generally obey a licensing or subscription-based measure.
As per its website, Luxcore is an essential blockchain solutions and services ecosystem that aims to create and produce enterprise-compatible privacy and security products. The Luxcore platform depends on the RX2 algorithm to develop and implement its prime product offerings. The RX2 algorithm aims to modify the mining method so users can expect notable shifts in the mining performance where long-term LUX miners obtain a proper portion of mining rewards. The offerings contain the open source valuable blockchain token LUXCoin & the enterprise customer-focused, closed source products such as LuxGate. The LuxGate Protocol is an essential 2nd layer blockchain interoperability technology that encourages interaction, communication, and swap between various blockchains without any third-party interference.
The platform also seeks to bring the application of blockchain to the mainstream by eliminating the gap between regular customers and enterprise individuals through detailed product use-case.
John Mcafee is the CEO of the LUXCORE blockchain network.
We update our LUXCoin to USD currency in real-time. Get the live price of LUXCoin on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.