Parallax LAX
Rank #9242$0.00805909
-9.94%
CoinGecko · just now
About Parallax
Parallax is a community-driven, Bitcoin-inspired Proof of Work blockchain with a fixed 21 million supply, a fair launch, and no premine or VC allocation. Designed from block zero with no privileged mining phase, it brings Bitcoin's monetary discipline to an EVM-compatible environment, combining predictable scarcity with the full power of Ethereum's smart contract ecosystem. Built from a clean-room fork of Go-Ethereum, Parallax re-engineers the consensus, emission, and difficulty layers to follow Bitcoin's long-term security model. The network uses 10 minute blocks, Bitcoin-style halvings, and difficulty adjustments every 2016 blocks, providing stability, resistance to manipulation, and a cumulative Proof of Work fork choice that strengthens chain security over time. Mining is powered by XHash, a custom Proof of Work algorithm derived from Ethash and optimized for modern GPUs through the open source Hashwarp miner. This design ensures mining remains accessible to regular participants ra
Frequently Asked Questions about Parallax
What is Parallax (LAX)?
Parallax (LAX) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $14,070, making it one of the notable digital assets in the crypto market.
What is the current price of Parallax?
The current price of Parallax (LAX) is $0.00805909. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Parallax?
You can buy Parallax (LAX) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Parallax a good investment?
Whether Parallax is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
