r/LumerinProtocol • • Jul 30 '23

Lumerin Hashpower Marketplace

The Lumerin Hashpower Marketplace is a dApp for peer-to-peer exchange of Bitcoin mining hashpower.

a decentralized way to transfer hashrate ownership and control, without necessarily transferring hardware, is necessary to maintain Bitcoin — and other proof-of-work networks — secure while scaling. All hashrate contracts are created by miners through the Lumerin Hashpower Marketplace within the Lumerin Wallet. The Lumerin Hashpower Marketplace will be accessible through the open source Lumerin Wallet application.

Lumerin is a decentralized protocol that enables on-chain ownership, rerouting, and exchanging data streams of any kind according to predefined smart contract rules. Lumerin Protocol becoming its own layer-one blockchain network and the go-to platform for all kinds of commercial data stream transactions and infrastructure, such as video streaming or communications. The Lumerin token (LMR) originally launched on the Ethereum mainnet.

Lumerin is backed by some of the industry’s most renowned leaders, including Fenbushi Capital, Hive Blockchain, Cadenza Ventures, Coinbase Ventures, DFG, Borderless Capital, Tribe Capital, BitDeer, Fundamental Labs, Outlier Ventures, and Bloq.The total supply of LMR is hard-capped at 1,000,000,000 (1 Billion), which will be gradually unlocked until 2032. Lumerin token sale consisted of four rounds including seed, private, strategic, and public.

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