Luxcore opens a new horizon with NEXT.exchange collaboration
By Inkarias - 2019-11-24
In the recent days, NEXT.exchange, one of the most promising upcoming hybrid exchanges in the blockchain industry announced its entry into a partnership with the well-known project Luxcore. Luxcore aims to build decentralized blockchain security and privacy products. NEXT.exchange supports such companies by listing them on their trading platform. It’s an investment of sorts in innovative companies. The demand is enormous and innovation needs freedom to develop further. NEXT.exchange foresees this need and allows assets to be traded in a market that is currently representing a value of over 250 billion dollars.
An opportunity for both entities
Luxcore can be of great added value here, due to having separated itself from the field for quite some time with its groundbreaking algorithm, PHI2 which will soon transition to RX2. RX2 is designed for ASIC resistance and to act as a safeguard against specialized mining hardware due to its feature that simulates a virtual CPU. With RX2, Luxcore seems to have found the perfect balance between GPU and CPU mining for a fair mining opportunity for everyone who wants to contribute to the network. Luxcore has been the first with introducing a Proof of Stake web wallet. This wallet allows users to access and pay with their Lux at any time, anywhere in the world. The web wallet automatically optimizes for staking, which means that users can easily contribute to the decentralization of the chain and will receive block rewards in return.
Because of the collaboration between NEXT.exchange and Luxcore, Luxcoin will be tradable with ticker LUX at the launch of the renewed NEXT.exchange platform in December. Users will be able to purchase LUX directly with Euros, Bitcoin and Ethereum. This partnership will also bring more audience for Luxcore with the upcoming transitionMore information at https://luxcore.io/ and https://next.exchange/