What is BUX?
Buxcoin is a decentralized, peer to peer cryptocurrency that runs on a private blockchain. In layman terms, it’s a secure digital currency that is operated by a network (blockchain) of independent nodes. All transactions on the network are confirmed by distributed consensus, and the records on the network are immutable and irreversible. This means you don’t need any third party to oversee, thereby making the transactions highly trustworthy.