Sustainability
The Lynx sustainability philosophy
For a blockchain to be considered a secure platform for business in today’s global marketplace, sustainability must be a key feature. As an eco-friendly decentralized ledger technology (DLT), Lynx strives to be a leader. Lynx is a decentralized blockchain that prioritizes environmental sustainability and ease of use for the everyday, non-technical user.
Unlike Bitcoin’s business rules that promote a consolidated, competitive, inefficient, and profit-driven mining strategy that creates an over-reliance on fossil fuels, Lynx business rules promote the opposite. For example, the Lynx code discourages high-volume mining rigs because the code purposefully lacks incentives to mine for profit. In addition, the entire Lynx network operates on a collaboration of low-power devices that anyone can run, resulting in a collective global mining cost of only dollars a day. As a result, LYNX is more user-friendly to mine and more eco-friendly than other blockchain projects that have unsustainable energy requirements. Finally, the Lynx network can be sustained for generations due to an abundance of coins yet to be mined.
Last modified 1yr ago