LUXCoin LUX to e-Gulden EFL Exchange

Crypto Pair Details: LUX to EFL

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.'

e-Gulden EFL

The primary goal of e-Gulden is to position it as a solid and valuable currency in The Netherlands. The way to get there is to first educated the Dutch people to accepting the idea of cryptocurrency as money first, have them then invest a few euros in e-Gulden and by the time tens of thousands have done so, finally get merchants aboard. There is a pre-mine of 50% of the total amount of e-Gulden.

SOURCE: COINGECKO

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