The Lynx white paper is available for download here.
This press release is available for download here.
CHARLOTTE, NC., June 18, 2018.
Lynx is an eco-friendly cryptocurrency that discourages mining for profit and runs on Raspberry Pi.
Lynx offers a solution to the environmentally unsustainable problem of profit-driven mining, 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 the Raspberry Pi) that result in a global cost of only dollars a day; this includes mining the coin and confirming transactions. The emphasis on low-cost computing creates a decentralized, broad miner base that strengthens the stability of the cryptocurrency. In addition, to reinforce Lynx’s security, the core team is finalizing development on a modification that makes Lynx immune to a 51% attack.
According to Ben Wilson, the lead developer with over twenty-five years of software development experience, “I love solving problems and current research confirms the energy requirement associated with Proof of Work is a problem. I wanted to create a cryptocurrency that moves in the other direction; toward a carbon neutral footprint. We’re not there yet but we’re close. And the best part is that even non-techies can mine Lynx, so it’s environmentally sustainable and it’s inclusive to anyone who wants to support the project.”
Lynx was designed to have minimal environmental impact because it’s committed to creating global solutions and maintaining a small carbon footprint. The goal is to attract a broad range of collaborators who will directly benefit from the equitable and sustainable approach.
The Lynx white paper is now available to download at: https://getlynx.io
For more information or press inquiries, please contact: [email protected]