LYNX

LynxLYNX

Rank #370
Coin
On 910 watchlists

Prix de Lynx (LYNX)

$0.0003699
2.40%

<0.00000001 BTC

0.0000002941 ETH

Bas:$0.0003495
Haut:$0.0003786
24h
LYNX  Lynx LYNXPrice: $0.0003699 2.40%
Cap. Marché
$28,470,429
2.40%
Fully Diluted Market Cap
$34,029,734
2.40%
Volume
24h
$370
1.80%
Offre en Circulation
76,970,317,808 LYNX
84%
Offre Max
92,000,000,000

Lynx Chart

 

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À propos de Lynx

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.

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LYNX

Lynx

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USD

United States Dollar

LYNX Price Statistics

Lynx Price Today
Prix de Lynx$0.0003699
Price Change24h$0.000008881

2.4%

24h Low / 24h High
$0.0003495 /
$0.0003786
Trading Volume24h$370.35

1.8%

Market DominanceAucune Donnée
Rang sur le marché#370
Lynx Market Cap
Cap. Marché$28,470,428.53

2.4%

Fully Diluted Market Cap$34,029,733.79

2.4%

Lynx Price Yesterday
Yesterday's Low / High
$0.0003466 /
$0.0003958
Ouverture / Fermeture d'hier
$0.0003919 /
$0.0003682
Change d'hier

6.03%

Volume d'hier$263.01
Lynx Price History
7d Low / 7d High
$0 /
$0.0003958
30d Low / 30d High
$0 /
$0.0003958
90d Low / 90d High
$0 /
$0.0003958
52 Week Low / 52 Week High
$0 /
$0.0003958
Le plus haut
Jan 15, 2021 (2 days ago)
$0.0003958

6.54%

Le plus bas
Jan 14, 2021 (2 days ago)
Aucune Donnée
RSI de Lynx

4413.26%

Lynx Supply
Offre en Circulation76,970,317,808 LYNX
Offre Totale77,871,867,787 LYNX
Offre Max92,000,000,000 LYNX

Lynx Marchés

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