LUXCoin LUX to Digix Gold Token DGX Exchange

Crypto Pair Details: LUX to DGX

LUXCoin LUX

'Developed by Luxcore, LUX (LUX Coin) is a hybrid cryptocurrency utilizing both proof-of-stake and proof-of-work algorithms to enhance blockchain security and decentralization. Luxcore's hybrid consensus model imploys masternodes to provide specialized functions and further secure the chain while providing additional rewards to coin holders. The LUX blockchain enables developers to utilize smart contracts and decentralized applications. Luxcore continues to develop products for the LUX blockchain including Luxgate (a truly trustless, peer to peer decentralized exchange) and Luxedge (a decentralized software development platform and repository). LUX was created in 2017 as a fork of the Bitcoin codebase, but it has grown to not only keep up with new technologies in the cryptocurrency space, but has aimed to introduce new innovations and services to the broader crypto community with cross-chain and decentralized solutions.'

Digix Gold Token DGX

DIGIX DAO TOKENS. Our vision for the future is a world operating on Smart Contracts. Indeed, we think this vision will become a reality very soon. In this world, a stable store of value is needed - that's why we created DGX. In order to ensure the success of DGX, we also conceived DGD; a stake in a 'Distributed Autonomous Organisation' that rewards DGD holders based on DGX's success. By participating in the DAO and working on its behalf in curating proposals, you get rewarded based on the usage of DGX in the Ethereum ecosystem. DGD holders use their tokens to decide on proposals, and determine the best way forward for Digix.

SOURCE: COINGECKO

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