Hilux: A Fully Usable Cryptocurrency
Hilux is a peer to peer cryptocurrency that allows value transfer from one party to another anywhere in the world.
Solving Trust Issues Through The Blockchain.
We’ve built a platform
with various infrastructures to securely send and receive funds.
We are using the world’s most immutable method of sending and receiving funds – that is secure, smart and easy-to-use and completely disrupting the way businesses raise capital and the way investors buy and sell items. It is through the Blockchain. These blockchains are ledgers that are repeatedly stored by investors called Masternodes. You can be part of the Masternode network too, by holding 1000 HLX and setting up your computer. In return, the system will reward you with 12 HLX per cycle.
What is Hilux actually? What
Again, Hilux, to put it simply, is a Decentralized Cryptocurrency that is safe, secure, convenient, can be used in day to day transactions, a great investment platform and can be used in market places.
Decentralized Platform
Hilux’s main strength is in being decentralized and held by over 800 publicly owned Masternodes worldwide.
Publicly Owned Masternodes
Nodes are held by the community and distributed throughout the world. Founders do not control the blockchain.
Fair Rewards Mechanism
The Masternode and mining reward system is fair. The more you contribute, the more you receive.
HOW IT WORKS PROCESS
You first need a Hilux Wallet. Fortunately, we have wallets for all ecosystems : Web wallet, Android Wallet, iOS Wallet (coming soon), Windows, Mac, Linux, Raspberry Pi. Then you can start receiving then sending Hilux coins.
With a Hilux wallet, you can do one of the following:
- Be a value storage user. If you believe Hilux will appreciate in value in the future, store them in your secure iOS or Android Wallet or store your windows wallet.dat in your thumb drive and keep it in a safe.
- Be an investor. Buy or Mine Hilux and invest in one or more Hilux Masternodes. Instructions on setting one up can be found here.
- Use Hilux to fund projects of others that you see potential in. This is useful especially if they are located in areas where bank transfers are difficult.
- Trade Hilux in exchanges. Buy and sell Hilux in our exchanges. Currently in CryptoBrydge and Escodex.
The Problems Of Crypto Projects Problem
We understand the various issues surrounding the Crypto landscape. Here’s some of them:
Crypto Investors
- Unsure if the project is a scam.
- Do not understand the project due to jargons.
- How to not lose money on the project.
Centralized Network
- Many existing solutions out there are centralized. Ex: PayPal.
- Centralized network can block your account at any time.
- Your invested valuation may go down when the issuer decides to increase supply.
Crypto Developers
- Developers abandon their crypto projects when there are challenges.
- Or when they get better offers in another company.
- Or when they have sold all their holdings and made a profit out of scamming users.
General Payment
- Users want to use Crypto as payment but value of coin keeps fluctuating.
- Slow confirmations causing inconvenience
- Limited payment gateway systems where merchants find it hard to accept crypto.
THE HILUX SOLUTION SOLUTION
What Are The Key Characteristics Of Hilux?
Blockchain Ledger System
Records of transactions are available in the Block explorers and cannot be changed.
Fraud Reduction
If someone says they’ve made payment but is not shown in our block explorer, most likely the payment wasn’t made.
Recovery Nodes
Masternodes are blockchain systems that stores the transaction ledgers of the Hilux Blockchain. Hence they play the integral part of Hilux blockchain integrity.
Full Transparency
With our block explorers, transactions are transparent and easily verifiable. We have 3 official block explorers each with their own strengths.
Very Low Fees
Hilux prides itself for having low fees of transaction. This is to encourage Hilux to be a high velocity cryptocurrency.
Decentralize Network
Hilux also prides itself to be decentralized because the ledger is being processed by more than 800 Masternode owners throughout the world.
Crypto Payment
Hilux is used for crypto payments for any items that can be purchased. Both parties will need to have Hilux wallets, hence our wallets coverage is one of the best in the industry.
The Hilux App Apps
Since day 1 of inception in August 2018, our core focus has always been wallet development. This is why we now have the Android Multiwallet and the iOS wallet (coming soon). These mobile wallets are non-custodial types which means you hold your own private keys. Unlike other wallets which require a username and password login, they may hold your private keys because the chain is processed on their server.
Our mobile wallets are available in the Google Play Store and iOS as well as the Website (custodial type)
- Android wallet is a multi-wallet type: can store BTC, DASH, RVN, LTC, DGE, Peercoin, Reddcoin. Secure.
- iOS type can store Hilux only. Very secure.
- Web wallet allows access from any computers, anywhere. Less secure.
- Windows Wallet Download here
- Mac Wallet Download here
- Professional Network
- No more expensive fees
Hilux Infrastructures INFRA
HILUX has the following Infrastructures in its arsenal
Hilux Marketplace
Check out our ABOUT page for more Infra and Links.
Hilux Distribution Stats HILUX
Hilux will face its block reward halving from 20 HLX per block to 10 HLX per block. This is a natural progression towards inflation. Therefore it will be advantageous for early adopters.
Inception
Aug 31, 2018 (11:00AM GMT)
Max Supply Of Hilux Coins
21 Million
Initial ICO Sale
$0. (Community Driven Coin)
Masternode Requirement
1000 HLX. VPS should have at least 1GB RAM with 1 Core.
Block Reward
First 518,400 blocks : 12 HLX for Masternode + 8 HLX for Mining From block 518,401 to block 1,036,801: 6 HLX for Masternode + 4 HLX for Mining
Block Time
Targeted 120 seconds.
Distribution
of Hilux Genesis
Use
of proceeds
OUR ROADMAP ROADMAP
August 2018
Launch Of Hilux into Main Net. List in CryptoBrydge. Launch Hilux Official Mining Pool to kickstart mining.
October 2018
Setup Standard Block Explorer and Mobile Web Wallet for easy Hilux transfer.
December 2018
Successfully moved all miners into public mining pools such as BSOD and MadCatMining. Disabled Official Mining pool (pool.hiluxcoin.com) to encourage decentralization.
February 2019
Launched the Hilux Insight Explorer. Allowed the public to use Hilux Insight's API for developers. Allows users to use them for payment gateways. Successfully listed Hilux in Escodex. Successfully launched Hilux Marketplace (https://market.hiluxcoin.com) which has its own payment gateway using Hilux. You can buy and sell items in there using Hilux.
April 2019
Successfully Launched Oversight Explorer (http://oversight.hiluxcoin.com/) which gives more information of transactions, masternodes, live block additions and price.
June 2019
Successfully listed Hilux in Coinmarketcap. Hilux is now a credible cryptocurrency. Successfully launched non custodial Hilux Multiwallet in the Android Playstore
August 2019
Hilux Anniversary. Developer still around despite ups and downs. Launch a decentralized iOS Wallet app.
October 2019
Listing in 3rd exchange.
December 2019
Participate in more Hilux payment gateways with vendors. Hilux should be a complete cryptocurrency with all essential infrastructures in place: Secure wallets, secure chain and secure Masternode investments.
Who Are The Founders? TEAM
The Hilux team is a community based team which listens to the community and actively discusses improvements with them in the Discord channel.
Piacevole
CTO & Co-FounderPiacevole can often be seen fixing bugs in the Hilux infrastructures and is one of the early seed investors in the Hilux initiative. Hilux is fortunate to have him because it did not have funding from the public. Piacevole is also a meticulous person who cares for the UI and UX of Hilux and will always attempt to fix things.
Swatchie-1
CEO & Lead FounderSwatchie-1 can be found most of the time in the Discord channel since inception. He is a passionate Hilux developer and believes working for the community. A caring and hardworking individual with strong interest in cryptocurrency and blockchains.
Bose88
Blockchain & App DeveloperBose88 joined HIlux in December 2018 and has been a great asset for the Hilux team ever since. He specializes in creating apps and infrastructures for Hilux which are used till today. If you look at Hilux’s infrastructures today, you will see that we have the Marketplace, Web Wallet, 3 advanced Block Explorers and the Mobile Wallets.
Community Planners
Crzynites67
Community InteractorShe is a persistent and hardworking Hilux communicator.
QZLP
AdministratorQZLP has been an early investor and early Hilux adopter. He knows the history of Hilux extensively.
bonzosante
Senior Community Plannerbonzosante can often be found in the Hilux discord channel trying new things out and helping the community solve issues.
HILUX PARTNERS PARTNERS
As seen in
Frequently asked questions FAQS
Below are some of the FAQ
Scam or not it's up to you to decide. We have been around since August 2018 with some ups and downs in our prices. If we are a scam, we should not be around anymore. But we are still here and we have launched the Android app and iOS is coming soon.
From CryptoBrydge or Escodex. Check above.
Yes, download our one click miner from our Github page.
Read the Masternode setup guide. The link is above.
Contact The Hilux Team CONTACT
Any question? Reach out to us and we’ll get back to you shortly.
- emailhilux@hiluxcoin.com
- teleJoin us on Telegram