About Lucky Best Coin
Lucky Best Coin (LBC) is a Coin based on the X11 Algorithm or Algorithm used by the Dash Coin Family. LBC was conceived on the 14th of February 2021, created with a heart of freedom and liberation for humanity. LBC's vision is that of a powerful self-sufficient and economically-optimized cryptocurrency (which alone is very rare in the space), combined with smart contract capabilities, decentralized governance, and strong moral leadership.
What is X11 Algorithm?
X11’s chained hashing algorithm utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoin’s were originally.
X11 was intended to make ASICs much more difficult to create, thus giving the currency plenty of time to develop before mining centralization became a threat. This approach was largely successful; as of early 2016, ASICs for X11 now exist and comprise a significant portion of the network hashrate, but have not resulted in the level of centralization present in Bitcoin.
The main feature of cryptocurrency mining on X11 is financial profitability in comparison with other algorithms. Mining efficiency is expressed in four components: :
Minimal costs for electricity billsMining Efficiency
The cost of altcoinsMining Efficiency
Advantages of X11 Algorithm
The X11 algorithm uses multiple rounds of 11 different hashes, thus making it one of the safest and more sophisticated cryptographic hashes in use by modern cryptocurrencies. The advantages of the X11 algorithm include :
Security. Most cryptographic algorithms used in cryptocurrencies use only one hash function for calculation. There are 11 of them in X11, which provides a higher degree of protection against hackers and scams bigger.
More secure than Bitcoin. The Bitcoin algorithm is SHA-256 is based on a previous secure hash algorithm family of standards, namely SHA-2, the hash functions within the X11 algorithm all successfully made it into the second-round in search for a new, more secure standard – SHA-3.
Loyalty. As practice shows, the production of coins on the algorithm X11 requires less energy costs and does not overload the equipment so much.
A Open Platform for our Participators
Each participator can choose the trader and to sign a contract.
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Lucky Best Coin (LBC) is a Coin based on the X11 Algorithm or Algorithm used by the Dash Coin Family. X11’s chained hashing algorithm utilizes a sequence of eleven scientific hashing algorithms for the proof-of-work.
Coin Name & Abrevation
Lucky Best Coin (LBC)
Every 1051200 Blocks
Coin Max Supply
25 , 000, 000
Time Last Block
59 years, 11 months, 16 days
Coin Premining Allocation
(*) : Locked for 2 years
The roadmap to success
What are our major goals?
Lucky Best Coin 2020 - 2025
- Build Networking System
- Build Group Community
- Coin Concept Development
- Coin Team Developer
- Establishment and legality of the company
- System Development
- Mining Community System Development
- Testing & Evaluation
- Improve Security System
- Listing On Several Market
- Wrapped LBC
- Listing LBC Wrapped on BSC Network
- Start Farming and Staking DEFI Platform
- Development LBC AMM
- Airdrop Program Community
- Add Several Pool Farming and Staking
- Launch App LBC Token Maker
- Launch Lucky Best Coin to Payment Point Online Bank (PPOB)
- Increase Community
- Launch Layer Farming
- Launch LBC Initial Farming Offering
In its development, LBC Tokens on the BSC network will be useful in developing DEFI products from the Luckybestcoin Community. The DEFI products to be launched in Q2 of 2021 are as follows :
- Farming dan Staking Pool
- AMM (Automatic Market Maker)
- Token Maker
- Initial Farming Offering DEFI