LUX Coin - PHI1612 PoW/PoS Hybrid Algorithm & Parallel Masternode ©LUX 2017
The next generation GPU mining hash is here!!!. Increases GPU mining efficiency by strengthening hash power, whilst reducing power consumption.
OFFICIAL SUBREDDIT: http://ift.tt/2i9CmUq
Large community already behind LUX. Tpruvot (CCMiner creator) Officially endorsing the project. Very active in discord channel.
Currently over 200Gh/s mining.
Launched October 10th, since then, Dev has already made multiple updates & releases. Team has an organized discord, and is active in answering questions.
LINKS:
http://ift.tt/2gDB9Bq https://www.twitter.com/LUX_Coin http://ift.tt/2icE4nZ
Specifications: 60M Total Supply 5% Premine for bounties, airdrops, exchanges, future developments, team expansion. Commercial use-case (banking | more detail in whitepaper) No ICO Fair Launch
PoW: Total Blocks - 6M Insta-mine protection first 500 blocks Block Reward - 10 LUX
PoS: Static staking. The Static PoS is 50% of the Current Block Size. So for every block that is mined(10LUX), there is a POS reward of 5LUX. First 100k Blocks = 2x reward PoS Stake Age = 36 Hours
LUXNodes: 16120 LUX Mac/Web Wallets & Darksend Features are on it's way. Whitepaper & Roadmap release this month.
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