Review on Lynx by Pedro O. Alvino M.
Ecological network based on Hybrid Proof-of-Work
Lynx a cryptocurrency designed so that any user can extract more efficiently and ecologically, which does not require experimental hardware to be able to mine Lynx, this thanks to how it is developed under the Hybrid Proof-of-Work model, which allows a much more efficient and secure network given the little incentive that drives mining farms away from Lynx
Much of its services are available to any developer, in addition to having an easy-to-use desktop wallet, it improves the coin extraction process, and by eliminating the profit incentive for miners, it ensures that Lynx developers can maintain controlling project innovation and continuing to pursue efforts to reduce mining costs
Pros
- It is designed to operate in a collaboration of low power devices.
- Through Lynx easier to use to mine and greener than other blockchain projects
- Hybrid Proof-of-Work development, which keeps the network sustainable at low cost
- creates barriers to high powered ASIC mining.
- It has an improved version of Litecoin.
Cons
- The drop in reward for mining can cause miners to abandon the network.
- There are already a large number of green blockchain projects based on ASIC-resistant mining
