LUXCoin Fees

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LUXCoin Exchange Fees

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What is LUXCoin?

Luxcore is a blockchain solutions and services ecosystem that focuses on designing and building enterprise ready security and privacy products. The Luxcore platform relies on the ground-breaking PHI1612 algorithm fuelled blockchain to develop and implement it’s core product offerings. This includes the open source blockchain token of value, Lux Coin & the enterprise consumer focused, closed source products like LuxGate and Parallel Masternodes.

Cryptocurrency Smart Contracts Segwit Masternode Proof Of Work Proof Of Stake Blockchain Service Mining

Launch date 2017-10-10
Development status None
Whitepaper Link
Org. Structure Centralized
Open source Yes
HD Wallet No
Consensus type Proof of Work & Proof of Stake
Hash algorithm PHI1612

LUXCoin sites

Coin categories

Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Smart Contracts
Smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
Segwit
SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions.
Masternode
Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, with appropriate collateral amount of cryptocurrency deposited, and it’s always up & running.
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
Proof Of Stake
Algorithm that allots mining (minting) rights to the miners proportional to their stakes held in the cryptocurrency.
Blockchain Service
A solution for companies wanting to build, host and use their own blockchain apps, smart contracts and functions on the blockchain.
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power

Team members

Position Links
John McAfee CEO
216K155 Chief Product Officer & Core Developer & Co-founder
Cosmin Tudor Growth Officer & Product Development
Tanguy Pruvot Lead Crypto Engineer
Lev Sizov Developer More info
Guillaume Huot Developer, Front-end, UI/UX
Sebastian Berger Developer, Web / PoS Wallet / IOS / Android Wallet
Tran Nguyen Core Developer
John Kim Business Program Execution & Client Operations
David Olschan-Wilson Technical Support & Operations
Lucas Marshall Luxcore Offical Blogger and Moderator
Brian F. Technology Officer
Hari Sadasivan Business Strategy and Planning Officer
Maxim Dzekelev Developer, Luxgate & PMN
Ilya Tereshin Developer, Luxgate & PMN
Ben Wellington Marketing & PR
Paul P. Testing & Documentation
Zach Forsyth Cyber Security Expert & Consultant
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