"Lynx was launched on 24 December 2017 by a team based in Charlotte, N.C., and aims to create a stable, eco-friendly platform for application developers to use for storing and verifying critical data. The open-source Lynx blockchain is used by the for-profit company, Logware, to store data where immutable transparency is a key factor (i.e IoT sensors, transaction receipts, data loss prevention) for both encrypted and plaintext application use cases.
At Lynx (which started as a downstream clone of Litecoin), the team believes that for blockchain to be considered a secure platform in today’s marketplace, it must be created with global sustainability in mind. As such, its business rules discourage high-volume mining hardware because the code purposefully lacks incentives to mine it for profit. In addition, the entire Lynx network is designed to operate on a collaboration of low power devices (like Raspberry Pis) that everyday, non-technical users can run, resulting in a collective global mining cost of only dollars a day. This includes mining the coin and confirming transactions.
To accomplish this, the lead technical designer created ‘Hybrid Proof of Work’ to solve four primary problems related to standard Proof of Work (PoW). First, PoW encourages competitive, profit-driven mining. Second, competitive, profit-driven mining demands the use of expensive, high-powered computer processing to secure the network. Third, expensive, high-powered processing power is a barrier to entry for individuals who want to participate by mining the coin. This creates a hierarchical and inequitable system based on who can afford high-powered mining hardware and the electrical costs associated with them, and as a result, few miners control the entire network. Fourth, mining farms are filled with mining hardware that consume an ever-growing amount of electricity.
Hybrid Proof of Work reportedly brings stability to Lynx and maintains network integrity because of:
The low cost to maintain mining hardware in the global Lynx network.
The low work output of discrete mining hardware in the global Lynx network.
The lilliputian impact to the global Lynx network upon acute mining hardware failure.
Additional technical information can be found in the latest version of the white paper (co-written by Ben Wilson and Dr. A. Carreiro, published on March 17, 2019.) It includes information about the basic coin parameters, the HPoW phases of activation, and the block validation process. The white paper also includes information for non-technical users."
¿Cuál es el mayor valor que Lynx (LYNX) ha alcanzado?
El precio de Lynx (LYNX) alcanzó su máximo en 0.001212 $ el 14 marzo 2021, hace aproximadamente hace 5 años. Actualmente, el precio es -95.76%, lo que es menor que este máximo histórico.
¿Cuál es el precio mínimo histórico de Lynx (LYNX)?
El precio mínimo alcanzado por Lynx (LYNX) fue 0.086211 $, registrado el 22 enero 2019, hace más de hace 7 años. En comparación, el precio actual es 825,881.97%, lo que está por encima de este mínimo histórico.
¿Cuál es la valoración totalmente diluida de Lynx (LYNX)?
La valoración totalmente diluida (FDV) de Lynx (LYNX) es de $ 4,59 M.. Esta cifra refleja la capitalización máxima potencial de mercado, considerando que la oferta circulante actual está en el máximo de tokens LYNX. Alcanzar este FDV puede llevar varios años dependiendo del calendario de emisión de los tokens LYNX.