🖥️🛰️LUXCoRE - "The fiRsT oF ITs KiND" Welcome To The Future Of Blockchain🖥️🛰️👩‍💻

"The bitcoin revolution is becoming increasingly famous and people often confuse ‘bitcoin’ with ‘blockchain’. Blockchain experts and the platforms usually use complex words and explain technical aspects that make the whole concept really difficult to understand. It is often said in forums and ted talks that ‘Blockchain will transform the economy’. (https://luxcore.io)

What is Blockchain doing for the economy and what role LUXCORE has to play in this transformation?

Blockchain is a decentralized network of “Blocks” (blocks that store data). The word decentralization means “accessible by all the users of the platform” which takes away the idea of current banking scenario where the centralized authority is controlling everything and the ‘end user’ is very much susceptible to distrust and less accountable. These “Blocks” are secured by cryptography and cannot be manipulated as the manipulation has to be done on all the ‘computers’ of the network. This creates a network which is very safe, accountable, paperless and very transparent.

LUXCORE is another level of blockchain technology providing ‘customizable’ and tailored blockchain solution for every end user which is open source. Inculcating smart contracts and SegWit in the customizable blockchain and integrating ‘proof of stake’ and ‘proof of work’ makes LUXCORE one of the best blockchain solutions in the world.

Solutions offered by LUXCORE (Simplified)

SegWit or segregated witness changes the transaction format of the coin this solves the primary problem of old blockchain design which used to slow down the transactions and made the transactions more malleable (susceptible to modifications and attacks). This feature allows LUXCORE to offer safer and faster transactions. SegWit make the transactions fast as it allows a secondary layer (lightning network) to be functional over the initial blockchain which is a parallel space for faster transactions. It also ends the issue of block limit and hence is very useful over the old design of blockchain.

The smart contracts integration helps the network to have third party free transactions which are highly trusted and can be tracked. The transactions are irreversible in nature and are digital versions of contracts that work very efficiently.

(https://luxcore.io/LUX_WP_V1_NOV_2017.pdf)
The LUXCORE Rewards

The LUXCORE coin is called ‘LUX’. The LUX reward makes LUXCORE so much lucrative and makes it the investor’s choice. Reward exists for stake holders who are rewarded not based on the amount they hold (Static system). Those with more LUX coins are more frequently rewarded and the system being static treats even the small investors equally in terms of rewards time.

For miner the platform is really helpful and high profit yielding as the primary problems of electricity consumption and slower hash rates is solved by this highly innovative system. The blockchain works on PHI1612 algorithm which is best suited for GPU mining and is anti-ASIC. This helps the miners to earn profit for their computation power while decreasing the electricity consumption and hence cutting the cost. It supports both NVIDIA and AMD GPU’s for mining.

Concept of parallel master node and how do they get rewards on this platform?

MasterNode is any server which provides the blockchain its stability as it is connected to it all the time (never turned off). A node is any computer which is holding LUX either by mining or by token acquisition but in order to become a dedicated MasterNode the user has to acquire at least 16,120 LUX (As per whitepaper)
The MasterNode owners are rewarded for supporting and stabilizing the platform.

STATE OF THE ART FACILITIES OFFERED BY LUXCORE

Amidst the ‘crypto revolution’ the security has become a major concern. One such feature of LUXCORE that eliminates security risks is that it is Multi-signatures enabled. This state that a transaction can be completed only when:- either one of two people holding signatures authorize the transaction (1-of-2 signature) or when both of them authorize the transaction (2-of-2 signature).

LuxGate is another amazing feature of this platform. It allows various blockchains to communicate with each other. This will be the connecting link between different ecosystems in the cryptosphere. This is possible with the help of parallel MasterNodes.

With features like LuxSend which allow coin mixing (via parallel MasterNode) and instant transactions the developers have added both speed and privacy (via coin mixing) to the ecosystem.

Other features like trading wallet (which is proof of stake enabled), DApps ect make the platform very unique secure and profitable for the users.

Why to choose LUXCORE ?
(https://luxcore.io/)
_The investors will find this project lucrative as it is the future of blockchain being the most secure and most innovative it will surely become the world leader in blockchain solutions in times to come. _

_The integration of all the unique solutions like SegWit, smart contracts, anonymity in transactions and MasterNodes into one ecosystem makes LUXCORE unparallel. This is correctly described in their White paper as “Cherry picked significant attributes and brought them together under on ecosystem” _

Official Website: (https://luxcore.io/)
Whitepaper : (https://luxcore.io/LUX_WP_V1_NOV_2017.pdf)
Twiiter: (https://twitter.com/LUX_Coin)
Steemit Blog: (https://steemit.com/@luxcore)