Lumia Coin has the following advantages:
Technological innovation
- It adopts the Proof of Stake (PoS) consensus mechanism, which is more energy-efficient and efficient than the traditional Proof of Work (PoW) mechanism. It does not require a lot of computing power and energy consumption, reduces transaction costs, and has a faster transaction confirmation time, usually only a few seconds, which can meet the high-frequency transaction needs of DeFi and Web3 applications.
- Sharding technology is used to divide the blockchain network into multiple interconnected shards, and each shard processes transactions, which greatly improves the throughput and scalability of the network and can cope with transaction processing for large-scale applications in the future.
High security
Based on the Ethereum blockchain, it inherits its mature security features, and coupled with the PoS consensus mechanism, it further enhances network security and ensures that transaction data cannot be tampered with and is reliable.
Low cost
Due to the application of the PoS consensus mechanism and sharding technology, transaction fees are extremely low, which can reduce application operating costs for DeFi and Web3 developers.
Wide applicability
Compatible with the Ethereum Virtual Machine (EVM), it can be seamlessly integrated with many Ethereum-based DeFi and Web3 applications. Developers can easily integrate it into the project, expand application scenarios, and provide payment and settlement services to users.
Strong liquidity
As a cryptocurrency in the RWA track, its goal is to pass Lumia Stream aggregates the asset liquidity of Web2 and Web3, and provides a complete DeFi protocol, supports a variety of DeFi services, and can provide sufficient liquidity regardless of whether it is traded on centralized or decentralized exchanges.
Convenient trading
It has been listed on leading global cryptocurrency exchanges such as Binance, Huobi Global, OKX, Coinbase, and Kraken, providing users with convenient and secure trading channels, and plans to be listed on more exchanges to expand market coverage and liquidity.