LuminCoin: The One Crypto Monetary Mechanism To Rock The World

in #lumincoin2 years ago (edited)

20220804_193210.jpgHello everyone... Here I will inform you by writing a review to introduce a very unique new project called lumin coin , so for that, have a look at the article I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Let's go straight to the discussion below.

ABOUT LUMIN COIN

The luminCoin is a decentralized digital currency. Having created a community-based solution for a decentralized currency, LuminCoin is already one of the most innovative open source projects in the world. It is a community-driven currency. This means that everyone is welcome to come and get involved in any way they see fit, whether that’s by using the currency, providing assistance with the open source project, or even just by sharing their thoughts and ideas in our community forum. As the currency develops, the community will continue to play an imp. The Lumin Coin is a cryptocurrency that uses the Illuminati Protocol to provide a new level of security and privacy for transactions. The protocol uses a variety of methods to hide the identity of users, making it virtually impossible to trace transactions. Lumin Coin also offers a unique rewards system that allows users to earn interest on their holdings. The coin is currently in development and is expected to launch in 2019. Lumin Coin has the potential to revolutionize the way we use currency by providing a secure and private way to make transactions. With its innovative features and rewards system, Lumin Coin is poised to become the future of currency.A major currency must be readily accepted by both money spenders and receivers. A deflationary currency, for example, would by design, favor money receivers than money spenders. A money spender, as a result, would tend to use alternatives, ceteris paribus. This phenomenon is called Gresham's Law. If there is a currency that's fair to both money receivers and spenders, it would be a likely candidate to become a major currency.This can be problematic for the crypto industry, given how old projects were designed. But for $Lumin, it could have the best monetary properties through the first direct democracy design on monetary policies. With every proposal and vote transparent and immutable on chain, it will also beat the old centralized systems in transparency and democracy.

WHY BUILD LUMIN COIN??

A currency needs both spenders and receivers' favor to become mainstream over competitors. A constant-purchasing-power currency could dominate in almost all transactions over inflating or deflating ones because of its attractiveness to both parties. However, the current cryptos are all ill-equipped in this aspect. They will hit major roadblocks against some well managed old centralized money when the projects mature. Lumin is the first crypto currency to address the issue and more, with the monetary policies delegated to direct democracy to compete directly with the old centralized systems in monetary properties. The overarching goal is to make wide blockchain adoption come even faster, and to provide the best monetary solutions for the economy, as in our opinion, most alternatives would actually hinder the blockchain adoption or economic growth in the long term.

Useful links

Telegram: https://t.me/LuminCoin
Website: https://www.lumintoken.com
Discord: https://discord.gg/uvVcTJS8GR
Twitter: https://www.twitter.com/LuminCoin
Medium: https://medium.com/@LuminResearch/the-secret-plan-for-illuminati-coin-only-between-the-illuminati-382b5b4f72ea

MY AUTHOR

BTT username: Shwon600
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2843257
Telegram username: @Shawon600
BEP 20 address: 0xCa3d1b4D02D405E22cA66727862D61A33Fe29d50

Sort:  

Your post was upvoted and resteemed on @crypto.defrag

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 69394.55
ETH 3894.24
USDT 1.00
SBD 3.73