What is Lukso?
Lukso is a Blockchain infrastructure that provides a range of standards and solutions for physical and digital consumer goods, to promote transparency, circulation, and efficient forms of production and consumption. new responsibility.
Lukso is the follow-up project of the creators of ERC-20 and ERC-725, a network dedicated to moving Blockchain beyond DeFi.
Lukso is a Blockchain network dedicated to existing and upcoming digital lifestyles. It will run with the Casper (PoS) consensus algorithm combined with the Ethereum Virtual Machine (EVM) execution engine. The mainnet is scheduled to launch in 2022.
Lukso is the digital base layer for modern creative economies. It enables lifestyle, fashion, media and design spaces that foster innovation around core themes of future creative work. This includes the ways in which creators collaborate with their communities and projects, interact with consumers and collaborators, automate their interactions, and trust their transactions. It redefines how brands can manage content, showcased collections, and experiences. It's a technology playground for creative professionals to shape trends and unleash their creative forces.
Highlights of Lukso Blockchain
Lukso is built on the basis of the HoneyBadger BFT consensus algorithm and the Validator is authorized by Smart Contracts. In other words, Lukso will bring open source, publicly accessible code.
Lukso Blockchain will be based on the Ethereum Virtual Machine (Ethereum virtual machine), the changes will help improve the speed, reduce the energy consumption of the network. Specifically, Lukso is different from the Proof of Work (PoW) consensus algorithm on Ethereum, but instead will use the Proof of Stake (PoS) algorithm. The advantage is ease of deployment and lower cost,...
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