Home>EXCHANGES>2019 Will Be a Big Year for Luxcore
EXCHANGES

2019 Will Be a Big Year for Luxcore



Luxcore

With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering a fully transparent roadmap is an important step in rebuilding that trust.  Luxcore is certainly headed in the right direction.

Revenue Generating Projects

There is no doubt that 2017 created a cryptocurrency frenzy which saw many new companies and projects attempt to enter the space.  And while more competition is good, many of these projects simply haven’t panned out the way enthusiasts would have hoped.  As we move ahead, only the best will survive.  That’s why it’s imperative that blockchain based projects focus on developing solutions that will generate revenue.  And then market those solutions to enterprises as opposed to worrying about whether crypto traders will be interested.  Luxcore is doing just that.

Although the company has many exciting projects in the queue, the three that have big potential are:

  • LuxGate – Peer-to-peer cross-blockchain platform. Alpha release expected in Q2.
  • Parallel Masternode Network – Decentralized File Storage system built on Luxcore’s original and unique Parallel Masternode Network. It’s important to note that this development represents an additional on-chain layer which will allow for future development of additional products and services.  Beta test is expected in Q2.
  • Proof of Stake (PoS) Web and Mobile Wallets – Luxcore already launched the first-of-its-kind staking web wallet. In addition, the company recently released their unique PoS mobile wallet for Android and iOS.  By the end of June, Luxcore plans to update both the web and mobile versions of the wallet to support an on-chain token management feature.  Once the update and legal agreements are completed, Luxcore will begin to license the combined staking web and mobile wallet solution.

If consumers wish to check out the wallets, they can do so here:  Android and iOS.

Optimization of Smart Contracts

In addition to LuxGate and the Parallel Masternode Network, the company’s effort to optimize its smart contract system should pay huge dividends in the future.  Although smart contracts are already enabled on the Luxcore blockchain, the company is working on the system in an effort to improve transaction processing speed (TPS).  TPS is a big deal and is one of the primary criticisms of Bitcoin (BTC), that it simply can’t go mainstream until it gets faster.

Luxcore will be able to double the processing speed by implementing Proof of Work and PoS hashing functions.

Final Thoughts

Transparency, transparency, transparency.  Luxcore has laid out a detailed roadmap listing all the projects, progress, and expected completion dates in 2019.  Enterprise users and crypto enthusiasts will be able to monitor the company’s progress as it begins the journey toward becoming a transformative, industry-leading, revenue generating, blockchain solution provider.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

The post 2019 Will Be a Big Year for Luxcore appeared first on Global Coin Report.

Read more at https://globalcoinreport.com/2019-will-be-a-big-year-for-luxcore/

 

source: https://globalcoinreport.com/2019-will-be-a-big-year-for-luxcore/

TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

Post source: 2019 Will Be a Big Year for Luxcore

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com



  • Bitcoin
  • Ethereum
  • Bitcoin cash
  • Litecoin
  • Cardano
  • Dash
  • Stellar
  • Ethereum classic
  • Lisk
  • Tron
  • Neo
  • Qtum
  • Omisego
  • Binance coin
  • Zcash
Scan to Donate Bitcoin to 1J6PGL1oemFb3hxabLygq4WgWx8cbfji1r

Please help us if you can with some Bitcoin

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Ethereum

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Bitcoin cash to qrth4e0g93h3gpxex8ycwuxtsa332tha5qvkmlz0g5

Please help us if you can with some Bitcoin cash

Scan the QR code or copy the address below into your wallet to send some Bitcoin cash

Scan to Donate Litecoin to LTxxjySMDtERJhHYJ99UFW9AamAWTwCAZ4

Please help us if you can with some Litecoin

Scan the QR code or copy the address below into your wallet to send some Litecoin

Scan to Donate Cardano to DdzFFzCqrhsopoZLhbouUwh2NvvWMPeFrXQW9vNNpPKrjKbRGyLRN5joJgCeZ6e1MRHtPHeLffpkNpQs5AdDA8qFCZ4gA9bYtaerNQTk

Please help us if you can with some Cardano

Scan the QR code or copy the address below into your wallet to send some Cardano

Scan to Donate Dash to XmAdEHrwiVZJVkAxe8hK5U6HZB59L5yhmK

Please help us if you can with some Dash

Scan the QR code or copy the address below into your wallet to send some Dash

Scan to Donate Stellar to GD4KROE42HPOMT7BT6M27HHLFCOSIXPYY2V3WSCX5FYEWRJDIJQ4RWFT

Please help us if you can with some Stellar

Scan the QR code or copy the address below into your wallet to send some Stellar

Scan to Donate Ethereum classic to 0x5BF3fCAC8deA20CF21C9D0D9d058E00EEfc431Ae

Please help us if you can with some Ethereum classic

Scan the QR code or copy the address below into your wallet to send some Ethereum classic

Scan to Donate Lisk to 15642042552518336132L

Please help us if you can with some Lisk

Scan the QR code or copy the address below into your wallet to send some Lisk

Scan to Donate Tron to TYnAenRiV6BsTiE6FVyAcDDxZtBKUQTFxN

Please help us if you can with some Tron

Scan the QR code or copy the address below into your wallet to send some Tron

Scan to Donate Neo to ATiXRHVqYqrNktbxJfcDETfnrSUWSG4cPb

Please help us if you can with some Neo

Scan the QR code or copy the address below into your wallet to send some Neo

Scan to Donate Qtum to QUYXxY6kX7TY2HSLwVYMwFaJNZLwvX5uyp

Please help us if you can with some Qtum

Scan the QR code or copy the address below into your wallet to send some Qtum

Scan to Donate Omisego to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Omisego

Scan the QR code or copy the address below into your wallet to send some Omisego

Scan to Donate Binance coin to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Binance coin

Scan the QR code or copy the address below into your wallet to send some Binance coin

Scan to Donate Zcash to t1cBCyKgSSqWaNrkpvQZUSTuxMmAbbAyFpZ

Please help us if you can with some Zcash

Scan the QR code or copy the address below into your wallet to send some Zcash



Source link

Review Overview

Summary