What's laxmi coin?
With use of evidence of work hash algorithm, laxmi coin is just like blockchain based cryptocurrency bitcoin. laxmi cash created on every occasion miner discovers a brand new block. the wide variety of laxmi coin created every year is mechanically halved over time until laxmi coin issuance halts absolutely with a total of 30 million laxmi coin in lifestyles.
With a blockchain era, all transactions are proven with the aid of community nodes and recorded in a public disbursed ledger. this method is peer-to-peer, and transactions take area among customers directly, without an intermediary.
The blockchain era is more often than not used to confirm transactions and insert almost this transactions into the blockchain. doing so creates an indelible file that cannot be modified; moreover, the report’s authenticity can be proven via the whole mining community the usage of the blockchain database in place of a unmarried centralized authority.
Laxmi Coin Details
Coin Name : laxmi
Coin abbreviation : LXM
Block Reward : 50
Block Halving : 210k (1.20Years)
Total Coin Supply : 30 Million
Premine : 30% (9 Million)
Coinbase Maturity : 8
Number of confirmation : 3
Difficulty Re-traget : 2880 Min (2Days)
Block Found : 3 Min
Estimate time of total Supply available : 28Years
more information on whitepaper >>> https://laxmicoin.com/wp-laxmicoin.pdf
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