Announcement: LuxChain Mainnet Launch Scheduled for May 7th at 9:00 AM UTC

We are excited to announce the official launch of the LuxChain mainnet, set to take place on May 7th at 9:00 AM UTC. LuxChain is a cutting-edge Layer 1 blockchain that utilizes a classic Proof of Work (PoW) mechanism, designed to foster a decentralized, secure, and scalable ecosystem for decentralized finance (DeFi), NFTs, and smart contracts.

Key Features of LuxChain:

• Decentralization: A core architecture that ensures no single point of failure, providing a robust and reliable blockchain network.
  
• Innovative Deflationary Model: The network implements a block reward reduction of 5% every 100,000 blocks, which encourages early adoption and helps sustain the token's value over time.
  
• Enhanced Support for DeFi and NFTs: LuxChain comes equipped with specialized functionalities that enhance the user experience in DeFi and NFT markets.
  
• Stablecoin Sidechain: Aimed at improving transaction efficiency and scalability within the financial ecosystem.
  

Mainnet Launch Details:

• Block Explorer: Users will be able to monitor and search transactions, addresses, and blocks effectively.
  
• RPC & Web Wallet: Secure access and management of LUX tokens will be available through the updated RPC and web wallet interfaces.
  

Key Pre-Launch Information:

• Source Code and Node Clients: Will be made available to the community before the launch.
  
• Genesis File: Will be shared at the launch time to ensure a smooth and secure start.
  
• Documentation: Comprehensive guides and details will be available online to help users fully engage with LuxChain.
  

Join the LuxChain Journey!
Be part of the community shaping the future of decentralized finance. Experience blockchain innovation like never before starting May 7th.