LUXcoin is a unique privacy coin. Lux uses the PHI1612 algo which is currently present as the most efficient GPU mining algorithm. GPU friendly, and ASIC resitant. Higher hash rates, without increasing power consumption. Providing miners with more profitability due to lower electrical costs.
New concept of Parallel Masternodes: Software as a Service built on top of the blockchain. Allows creation of 3rd party centralized or decentralized private dApps.
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