Lumeneo is a decentralized, completely anonymous, peer to peer cryptocurrency.
Lumeneo is a cryptocurrency based on CryptoNote technology. Our goal is to give users complete anonymity while having fast transactions. It's not a fork of another blockchain, and it has a long and relatively flat emission curve. With its own genesis block there is no degradation of privacy due to ring signatures using different participants for the same tx outputs on opposing forks. Lumeneo uses a static mixin so everyone is on the same playing field making transactions difficult to trace.
PoW Algorithm
- Cryptonight-lite V1
- CPU and GPU mining
Specifications
-Coin name: Lumeneo
-Ticker: LMO
-Total supply: 100,000,000,000.000000
-Premine: 10 % (For future development and community contribution bounties)
-Block time: 30 seconds
-Difficulty: Retargets at every block
Mission
We want to make crypto easy for the less experienced user. This is the main problem we have today in the blockchain space. A small minority of the population knows what the difference is between a private and public key. So we want to focus on educating people on blockchain so they can in turn give back to the community and prove that cryptocurrency has a real world use case. Educating the public on blockchain benefits the entire cryptocurrency community and all the esoteric altcoins that have their own goals to improve the space.
Our goal is to bring trust back into the space even though cryptocurrency is "trustless". Even so, everyone using that currency has to trust that the developers are not planning on exit scams, pump and dumps, and other unethical schemes to escape without a scratch. We will prove our loyalty to the community through continuing the project and furthering development.
Lumeneo uses the Cryptonight-lite algorithm so it is easily mineable with CPUs and graphics cards. We are dedicated to staying decentralized so we will fork to new hashing algorithms until ASICs are more widely available. If they do not become widely available then we will switch to Proof of Stake. This will be decided by the community.
