LuxCoin is a PoW/PoS hybrid cryptocurrency based on the PHI1612 algorithm (built from; Skein, JH, Cubehash, Fugue, Streebog and Echo). LUXCoin will provide a set of unique protocols and tools for easy integration across businesses that requires secure intraorganizational blockchain or permissioned blockchain networks. With its upcoming consulting arm, the company aims to set up, maintain, and improve such networks for organizations and institutions.
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