Lumin Coin creates a better and more democratic monetary world
About
Lumin Coin is the first currency where monetary policy is determined through direct democracy, the Community chooses to establish best monetary practices.
Lumin's mission is to provide a better alternative to these two systems, to help create a better and more democratic monetary world. $Lumin is the first cryptocurrency with monetary policy delegated to direct democracy to compete directly with the old centralized system in monetary property.
The main goal is to make widespread adoption of blockchain faster, and to provide the best monetary solution for the economy, most of the alternatives will actually hinder blockchain adoption or economic growth in the long term. $Lumin is intended to provide a more transparent and democratic banking system than others.
Lumin's main purpose is to serve as a currency, so there won't be too many voting and monetary changes. Every year, around June 9, Lumin's annual voting session will start semi-automatically, with no admin appointed. Anyone can then propose, choosing an uncensored chain. The selected policy can then be executed by anyone to move.
The whole system offers the community monetary autonomy. There are security mechanisms to prevent vandalism and malicious voting, but no specific entity or role.
The Lumin team has the blueprint for developing the first real on chain enterprise of the future. However, it will require sufficient development resources, or it will be delayed. But if the program is completed, it will generate more utility for Lumin, and also attract more investment for chain companies in general. Lumin's main utility will serve as currency. It is designed to achieve this from several areas: monetary design, on-chain utility, scaling solutions, community rewards.
$Lumin Fixes Previous Cryptos Key Design Issues Major currencies must be readily accepted by both shoppers and recipients. A deflationary currency, If there is a currency that is fair to both recipients and spenders of money, it would be a possible candidate to become the primary currency. for $Lumin, it can have the best monetary properties through the first direct democracy design on monetary policy. With every proposal and vote transparent and immutable, it will also defeat the old centralized system of transparency and democracy.
$Lumin community can make the system more adaptable than others. Attacking the system would be very expensive for ill-intentioned voters, as they themselves would need $Lumin. $Lumin community can make the system more adaptable than others. Attacking the system would be very expensive for ill-intentioned voters, as they themselves would need $Lumin..
Conclusion
LuminCoin is a cryptocurrency that has a bright future ahead of it, and is sure to bring excitement to the cryptocurrency world as it becomes more widely known.
Detailed information
- Website: http://lumintoken.com/
- Telegram: https://t.me/LuminCoin
- Twitter: https://www.twitter.com/LuminCoin
- Facebook: https://www.facebook.com/Lumin-Coin-109214571858497/
- Medium: https://medium.com/@LuminResearch/the-secret-plan-for-illuminati-coin-only-between-the-illuminati-382b5b4f72ea
- Discord: https://discord.gg/HHtXCUJSCS
Username : pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
BSC Wallet : 0x476366b6839e2046bE2DCf258476633cAE21195e