Luxcore

First Of Its Kind
SMART CONTRACTS  |  SEGWIT  |  PARALLEL MASTERNODES  |  LUXGATE Featuring a new GPU algorithm built from; Skein, JH, Cubehash, Fugue, Streebog and Echo.
Welcome to the most GPU efficient blockchain available.
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.

The platform also aims to bring the usage of blockchain to the mainstream by bridging the gap between normal consumers and enterprise users through specific product use-case meant for each.

With the upcoming releases, apart from being a secure crypto coin, Luxcore will introduce Segwit, Smart-Contracts, LuxGate through the innovative Parallel Masternode System providing a Private Network for enterprises and business on top of the existing Masternode feature for the Public Network.

SMART CONTRACTS

Lux will introduce Smart Contract capability that will enable the unification of blockchains through LuxGate and PMN.


SEGWIT

Through the introduction of SegWit, Lux will separate transaction signatures. This is achieved by stripping the signature from within the input and structuring it to the end of a transaction.


PARALLEL MASTERNODES

The enablement of this private network is aimed to address reliable and secure needs of enterprises and institutions.

LUXGATE

LuxGate is nothing short of a technological marvel in the blockchain space. LuxGate will allow communication between validated blockchains with the ability to perform advanced functions and tasks.

PROOF OF WORK

PHI1612 presents the most efficient GPU mining algorithm. GPU friendly, and ASIC resistant. Higher hash rates, without increasing power consumption. Providing miners with more profitability due to lower electrical costs.

Total Blocks = 6M
Block Size = 4MB
Instamine protection activated for the first 500 blocks
Block Rewards = 10 LUX
Block Time = 60s
Transaction Confirmations = 10 Blocks
Minimum Transaction Fee = 0.0001
Default Port: 28666
RPC Port: 9888

NVIDIA GPU AMD GPU

PROOF OF STAKE 2.0

LUX PoS is Static, not Dynamic. Dynamic rewards a % based on the amount of coins you hold, which can cause those that hold less, to wait days or even weeks for rewards. Our system rewards a static 1LUX to all staking, regardless of the amount of coins. Those that hold more coins, are rewarded more often. This allows for all individuals staking to be rewarded, without long waiting times due to others large weight. Which means, having your wallet open and staking is a great way to increase your coins.

POS STATISTICS :
First 100k blocks = 2x Reward(2LUX)
Target Spacing: 120s
Maturity = 80 Blocks
TX Confirmation = 10 Blocks
MinimumStake Age = 36 Hours
No Maximum Stake Age
Unlimited Maximum PoS

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