LUXCoin: Hard Fork
We’re excited to announce Luxcore’s mining algorithm switch from PHI2 to RX2 in the coming weeks.
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, it is periodically made changes. A hard fork is changes that are not compatible with previous versions of programs that support the cryptocurrency network and in order to continue to mine cryptocurrency, miners need to update the software.
In some situations, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash.
4 exchange events
2 events related to testing of new functions
1 hard fork
1 coin burn