MinePlex Launches New Mining Algorithm - Plexus : vimarsana.

Place/Date: Singapore - December 23rd, 2020 at 9:05 pm UTC · 3 min read
Source: MinePlex
MinePlex, a developer of the mobile crypto bank, has announced the launch of the new mining algorithm of its token PLEX under the name Plexus that means “entwinement”. The MinePlex blockchain is built on the Tezos architecture, therefore the “entwinement” is based on the consensus algorithm LPoS – Liquid Proof of Stake, with MINE and PLEX being its basic tokens. It stands to mention that these tokens are inextricably intertwined with each other: it is impossible to generate blocks for mining PLEX without using the token MINE. That very principle has become the core in developing the Plexus algorithm.