What is LEOcoin?Technical information about LEOcoinLEOcoin (LEO) is a peer-to-peer digital currency and open source software project. LEOcoin creation and transfer is based on an open source protocol and is not managed by any central authority.
LEOcoin is an altered version of Litecoin and for two years used scrypt-Jane as a proof-of-work (POW) and proof-of-stake (POS) algorithm with a modified nFactor. In July 2016 LEOcoin switched to a sole proof-of-stake procedure. Under PoS users are asked to prove ownership of a certain stack of LEOcoins. This makes the LEOcoin network more secure and over time creates new LEOcoin without consuming large amounts of energy.
The LEOcoin source code on GitHub LEOcoin mentions following properties:
LEOcoin algorithm: scrypt-Jane
Maximum number of LEOcoins: 1 Billion LEO
Premined LEO Company Stock: 50 Million LEO (5%)
Block Time: variable
Minimum Stack age: 24 hours
Maximum Stack age: 5 years
Difficulty: Retarget every block
No block Halving Rate
Block Award: stake interest
First block: 15th of June 2014 (15:23:02)
Switch to PoS: block 1071500 on 1st of July 2016 (13:43:03)
PoS operates based on variation difficulty - coins are generated based on age and number of coins in respective wallet so previous PoW (Proof-of-Work) block time of 1 minute and block size of 20 LEOcoins is no longer applicable.
User information regarding LEOcoin
open for all to stake
can be exchanged for cc & fiat currency (BTC, USD, GBP, EUR)
pseudonymous
secure
user friendly
part of a growing community of entrepreneurs
PoS - Approximate annual percentage reward
Wallets with a balance under 1,000 LEOcoin get minimal stake (if any)
Wallets with a balance from 1,000-4,999 LEOcoin get 10% annual stake interest
Wallets with a balance from 5,000-49,999 LEOcoin get 15% annual stake interest
Wallets with a balance over 50,000 LEOcoin get 20% annual stake interest
Also see: https://www.leocoin.org/WhatisProofofStake.aspx
What is the LEOcoin Foundation?
The LEOcoin Foundation is a non-profit organization that is dedicated to the development of LEOcoin. The mission of the LEOcoin Foundation is to promote the use of LEOcoin and other legitimate digital currencies. Currently the LEOcoin Foundation holds 10 million LEOcoin.
Goals of the LEOcoin Foundation
Through PR, lobbying and providing information to the cryptocurrency world, general public, entrepreneurs and policymakers, the LEOcoin Foundation seeks make LEOcoin one of the leading digital currencies. LEOcoin Foundation expects that LEOcoin and other legitimate digital currencies will ultimately form a key component in the global monetary system.
Actions by the LEOcoin Foundation on behalf of LEOcoin
- Promote LEOcoin with PR, news-updates and videos:
o in social media
o with technological policy makers
o amongst entrepreneurs all over the world
- Represent LEOcoin in the cryptocurrency world by:
o joining forums to inform about LEOcoin and to answer questions
o getting listed on websites that show digital currencies by market capital
o support mining pools and miners
o teaming up with leading cryptocurrency exchanges
- Support projects that endorse the distribution and use of LEOcoin, like:
o ATM machines
o API for web developers
o Online payment systems
o Merchant promotion (for merchants see: http://leocoinmerchants.com/)
o LEOcoin Wallets
Important Links & Downloads
LEOcoin Foundation
- http://leocoinfoundation.org/
LEOcoin Introduction Video
- English http://view.vzaar.com/2512948/player?autoplay=true&looping=true&border=false
- Arabic http://view.vzaar.com/2512903/player?autoplay=true&looping=true&border=false
- Chinese http://view.vzaar.com/2512919/player?autoplay=true&looping=true&border=false
- Croatian http://view.vzaar.com/2512928/player?autoplay=true&looping=true&border=false
- French http://view.vzaar.com/2513043/player?autoplay=true&looping=true&border=false
- German http://view.vzaar.com/2513172/player?autoplay=true&looping=true&border=false
- Hindi http://view.vzaar.com/2513223/player?autoplay=true&looping=true&border=false
- Hungarian http://view.vzaar.com/2513269/player?autoplay=true&looping=true&border=false
- Japanese http://view.vzaar.com/2513320/player?autoplay=true&looping=true&border=false
- Polish http://view.vzaar.com/2513376/player?autoplay=true&looping=true&border=false
- Portuguese/Brazil http://view.vzaar.com/2513471/player?autoplay=true&looping=true&border=false
- Russian http://view.vzaar.com/2513529/player?autoplay=true&looping=true&border=false
- Serbian http://view.vzaar.com/2513574/player?autoplay=true&looping=true&border=false
- Slovak http://view.vzaar.com/2513620/player?autoplay=true&looping=true&border=false
- Slovenian http://view.vzaar.com/2513670/player?autoplay=true&looping=true&border=false
- Spanish http://view.vzaar.com/2513793/player?autoplay=true&looping=true&border=false
- Turkey http://view.vzaar.com/2513840/player?autoplay=true&looping=true&border=false
- Urdu http://view.vzaar.com/2514113/player?autoplay=true&looping=true&border=false
Wallet Downloads
- Windows 32 &64 bit, Mac OS and Linux, Android App and IOS - http://www.leocoin.org/Default.aspx#about
- Installation guide http://www.learnearnown.com/assets/Stuff/LEOcoin%20PoS%20wallet%20installation%20guide.pdf
- Download the blockchain (for experts): https://drive.google.com/folderview?id=0B06_njFd7yzseElfMURQcW94d1k&usp=sharing
Block Explorer
- Official LEOcoin Block Explorer http://explorer.leocoin.org/
- Third party Block Explorer (from the former LEO2moon mining pool) http://insight.leo2moon.com/
- Third party Block Explorer (Cryptobe) http://cryptobe.com/chain/LEOcoin
- Third party Block Explorer (Block Experts) https://www.blockexperts.com/leo
Distribution of LEOcoin
- Official LEOcoin distribution https://www.leocoin.org/LEODistribution.aspx
LEOcoin Source Code
- Official LEOcoin source code (GitHub) https://github.com/Leocoin-project/LEOcoin
Market Cap and Volume Listings
- Solid top 15 place on CoinMarketCap http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
- Cryptocoin Charts http://www.cryptocoincharts.info/coins/show/leo
- World Coin Index https://www.worldcoinindex.com/coin/leocoin
- CoinGecko https://www.coingecko.com/en/coins/leocoin
LEOcoin Exchanges
- Official LEOcoin Exchange app. 19,500 users (London, UK) https://www.leoxchange.com/
- LEOBIT LEOcoin Exchange app. 1,375 users (Ljubljana, Slovenia) https://leobit.net/
- Bitcoin Trading Ltd. Thailand https://bx.in.th/BTC/LEO/
- c-cex.com https://c-cex.com/?p=leo-btc
- Livecoin https://www.livecoin.net/trade/index
- Cyptopia https://www.cryptopia.co.nz/Exchange/?market=LEO_BTC
- Megacrypton BTC: https://live.megacrypton.com/market/38, LTC: https://live.megacrypton.com/market/39
LEOcoin Facebook Pages
- Official LEOcoin page https://www.facebook.com/LEOcoin.org
- LEOcoin Club (fan page) https://www.facebook.com/LeoCoin-Club-1614487915462081/?fref=ts
- LEOBIT Exchange https://www.facebook.com/LEObitLEObit/
- Official LEOcoin Exchange https://www.facebook.com/leocoinexchange/
Twitter
Follow LEOcoin on Twitter https://twitter.com/LEOcoinORG
Follow LEOcoin Foundation on Twitter https://twitter.com/LEOcoin_Fdn_CIC
RULES on this moderated thread
This thread is about LEOcoin and will moderated by the LEOcoin Foundation. This thread is not the place to discuss third party business. For questions with regard to LEO Ltd., LEOcrowd, myLEOtravel or LEOxChange, please contact their support.
Contribute to the quality of this thread by a) sharing relevant and verifiable information; and b) asking questions that display genuine interest in LEOcoin, its owners and its development.
- What Behaviour do we favour?
o Be Excellent To Each Other
o Not making this a Asshatchery (A place where asshats congeal, usually gutters and online chat rooms. Don't Be An Asshat!)
o Respect the topic
o Discuss ideas, not people
- What will be deleted?
o Posts from known trolls, asshats, crybabies and wanna-bees
o Unfounded critique
o Personal attacks
o Irrelevant posts about third parties, their products or services or support
o Advertising or pumping
- How this forum will be cleaned?
Post that go against the rules can be deleted any time. To keep this forum accessible and readable we will regularly remove older posts when they:
o are no longer relevant (e.g. when an event has passed)
o are now common knowledge (e.g. when the new exchange is no longer a new one)
o are sufficiently answered elsewhere
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Seems hashrate has shot up dramatically.
where did you find the network hashrate?..damn i just recently got connected and started to mine and it seems i got less blocks today |
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BTC instant ~30$ crash.
Any news why?
No idea, but it paid for lunch I found when I got back (3 times over)  post/pics Nice tab bro!!!! Which Mersault did you have with dinner? That was lunch & it looks like DASH is going to pick up the tab for dinner  More especially those who were shorting it, time to move the bid walls up a wee bit  A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted. BTC instant ~30$ crash.
Any news why?
No idea, but it paid for lunch I found when I got back (3 times over) -snip- i would like to see otoh's whale meal bills paid with dash pump and dumps  i don't see any reason from mods to delete my post while Otoh is really saying he's gonna have a meal on dash  hmmmm eat well my venerated dash whale...make some butt-hurting little plankton profits. |
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I was intrigued that there has been a thread about this story in the Press section for over a day and the M-community didn't touch it. Neither the "normals" nor the trolls - just... crickets: https://bitcointalk.org/index.php?topic=1614010.0Dash users not affected, I assume. Could it happen here? Anything we should learn from their misfortune? bitcoin was and is being mined by malwares too.. basically it could happen to any POW crypto. dash was mined with malware in the first 48 hours... the malware was called " THE INSTAMINE BUG " HAHAHA the malware creator's name is Evan Duffield  I instamined some 18,000 Xcoin so I can't say anything negative. However Evan should at least come clean that it was planned. It was almost clever enough but we all know how that simple variable was not a mistake because if it was a bug they'd have seen it when testing X11. Use common sense. Evan, come clean.
I'm not a developer/coder/programmer technically reputable to look in the code..but this john-connor is one (Vcash dev) malware confirmed  |
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I am about to buy dash few years ago that time known as darkcoin when price very cheap about 6000 satoshi but i didn't buy it because of this thread! Wtf with instamine!?
And don't doubt seeing my rank because I am in crypro since early 2014.
I am really regrets not buy darkcoin.
well an average/typical person would not invest in darkcoin unless he/she is very lucky or blindly invested money.. i tried to mine darkcoin in march 2014, I haven't research the instamine very well at that time, but the thing that put me off immediately was the 84 million was reduced to 21 million, it was like telling the miners " no more coins for you, settle for scraps" ... 84 million was their social contract and they breached it. vcash developer john-conner is an example of a technically inclined person to mine with the instamine because he can run and compile linux wallet, because Evan obviously didn't want windows users to join the instamine check these people who obviously joined the instamined: https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467I instamined some 18,000 Xcoin so I can't say anything negative. However Evan should at least come clean that it was planned. It was almost clever enough but we all know how that simple variable was not a mistake because if it was a bug they'd have seen it when testing X11. Use common sense. Evan, come clean.
that's a developer saying that it is impossible to "not know" or it was an "accident" i agree, evan should at least be honest maybe could have changed things for dash for better.. i'm not technically inclined to look at the code and say that the bug was not an accident but i can say for sure that Evan deliberately hide his plans from the people for 1 month after he instamined, make 20k and 10k buy offers at btctalk, changed the coin supply..and maybe bought at the exchanges at very low prices.. Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.
Masters
To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think its not important to the discussion.
Evan could have made an honest launch but obviously he thought he might have get less amount of coins being honest so he choose his/their crooked ways ... pity. dash shills may have said that "the community" voted to keep the instamine rather making an airdrop what community? this community? https://bitcointalk.org/index.php?topic=1282836.msg13200467#msg13200467 LOL! |
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I'm mining with cpu's in my gpu rigs with a wallet for each one...some of my rigs doesn't have connection from time to time
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maybe gpu miners can request to claymore to make a gpu mining software for zcash
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at last, i'm connected and mining
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still... node status: alone in the world |
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If you want to "trust the math" yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for. back to privacy.. ......... If you trust the math, why don't you let the math do the privacy too? What should be better, the privacy done for you by some people you don't know they're honest with you or not, or the privacy done by the network with mathematically proven methods? Unless there are bugs (and no big issues were found afaik) I tend to like the second... that's another way/words to put it |
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WHY CANT I GET ANY FLASH IF IM FROM THE U.S.?
Regulations in the U.S. are just too difficult for a start up company to include U.S. users, which is why FLASH is based in Canada. To enforce this policy, we have to check your IP address. Were very sorry and believe us, we would really like to make Flash available everywhere. If you are outside the U.S., we hope you enjoy using FLASH. If you are inside the U.S., we hope things change and we can serve U.S. users.
devs are in USA .. LOL |
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Dash has become really popular as compared to those two.but it also comes with anonymity privacy.its better to invest in dash rather than monero as it market is rising and price has greatly rised up.
I disagree. Dash's master nodes are not a good way to make your coins anonymous because "a government, group of hackers, other entity, or even an individual bought many masternodes (there would be no way to know if this occured), and if the transaction passed through a route where all of the masternodes were owned by that entity, then the transaction could be traced by that entity." If you want to read more about the comparisons of anonymous coins read it here https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.phpThat should be enough information for you to know the difference and the superiority of Monero. I do not own XMR neither DASH. I heard that this kind of attack is nearly impossible, or the probability of tracing is very low. there is a difference between a completely private and partly private blockchain.. Ariel, I'm going to be polite.
You do not consider that the Monero block chain is unverifiable because it is completely opaque. If you want to "trust the math" and believe no loop hole will ever exist allowing coins to be inserted, changing the supply of coins, or that "the math" will never have an unforeseen hole where transactions will be detangled, something that can't happen with private send, that is fine.
However, an open blockchain, with inputs and outputs that can be seen with the naked eye, and verified is one of the cornerstones of Bitcoin's brilliance. And Dash kept that while also providing privacy.
Because of that, I personally think Dash's privacy feature is far superior to Monero's. Dash is solid. You know where everything stands at any time.
And yet, once again, Dash's superior privacy, fungibility and verifiable blockchain is only one of the many features Dash provides in creating a world class currency that will be used by a majority of the human population in only half a generation's time. But good luck with Monero, but if you want to use your funds for illegal purposes, please use a minimum 8 rounds of mixing in Dash, and leave the Monero at home. I really don't trust it, and fear for your safety.
You think you know it all, you think you can trust "the math" but these cryptographic proofs have weaknesses that can be exploited. Some have been discovered, as in secp256r1, and there could be other weaknesses that have yet to be revealed.
If you want to "trust the math" yes, we want to trust the math. that is what cryptography is for..is what crypto currency is for. back to privacy.. i can compare dash blockchain now to the internet, at first you thought that the internet is private but then it is not...then tor was created, it made the internet "PARTLY PRIVATE" ... didn't we heard of government being able to successfully trace in tor? yes it did happen and it is in the news. |
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It takes but one positive thought when given a chance to survive and thrive to overpower an entire army of negative thoughts.
- Robert H. Schuller
It takes but one positive thought when given a chance to survive and thrive to overpower and piss-off an entire army of negative trolls.
- qwizzie
It takes but one truth when given a chance to survive and thrive to overpower an entire army of deceptive shills. - arielbit |
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Brilliant. By the way...what a breath of fresh air hanging out on the Dash Slack site. Not only am I convinced that DASH will be the one of the top currencies to emerge. Everything I've ever heard from now ignored Trolls is soooo pointless...its laughable. The shear size of the community, which is growing by leaps and bounds is so encouraging. Thanks guys for pointing me there! Amazing community. EDIT: Its now very obvious to me...why so many other cryptos are SERIOUSLY threatened by DASH! I too would be seriously worried. I can almost forgive the Trolls for being so bent out shape and foaming at the mouth. We're getting stronger trolls. dash marketing and propagada is what's getting stronger...other than that, it's the same old shitcoin |
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The Masternode count...is still going higher!!!!!! 4120+ Masternodes and counting. Unbelievable! of course masternode count will go higher..what will the bagholders from buying 0.02x gonna do when the price plummets? POS their dash to generate coins/income/interest instead of selling at a loss |
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What does the "R" stand for in:
Mining Status: x miners at xxx kh/s (R: xxxxG)
?
R: xxxxG is counter of how many times tried to generate a PoW (and "G" equals to Giga, so multiply by 1000000) from started mining with the Application. i was going to ask the same question lol but another question for you if you dont mind me being such a noob lol after i mine 5 blocks i seem to get disconnected from the servers had 5 connections and it drops to 1 and runs as a node but stops my mining, thats now 3 times thats happened. Is that normal for this to happen? i dont mind having to restart the wallet after mining 5 blocks but it can be a pain if i forget lol? im having connection issues since the very beginning ... i could not even connect to network  me too. |
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Why is NAV and SDC out of the picture?
I've read here in the forum where they said that SDC and NAV has better technology than those mentioned in the OP. If you can check it on bittrex these two coins are also being traded well.
because dash shills like qwizzie would like to think dash is still at about the same level as monero but in reality they now at the same level with SDC and NAV.. that's right qwizzie go FUD SDC and NAV ... who knows they might take a huge chunk off DASH marketcap |
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XDN wallet syncs like lightning fast...must have some special sauce in it |
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... i have a different vision, i prefer fighting/competition..it makes each other stronger and innovative.. i even like attacks, i wanted monero attacked, DASH attacked, Bitcoin attacked... attack everywhere.. we don't want to release a crypto currency to the whole world that will fail and bring billions of $ down with it.. think of crypto like a bitcoin dojo with satoshi nakamoto as sensei monero and dash are sparring partners, include zcash too..after they toughen up they will leave the bitcoin dojo and find their path in the world. regarding shills, they are my favorites..i neutralize their lies and deception...i also have fun along the way regarding speculators, they are part of the ecosystem...people gamble, trade, invest, make a few bucks etc.. that's life. I like how you think my friend. This is a good and healthy way to think of the whole cryptosphere. Some coins and platforms will directly compete with each other and there is not way we can avoid that. What we can avoid doing is the bashing and the trolling and spreading of the FUD. Why not instead make constructive criticism? You can also add vcash chain blender technique in the battle of anonymous transactions. They too might have something very useful for the cryptosphere. Why not instead make constructive criticism? https://en.wikipedia.org/wiki/Constructive_criticismConstructive criticism is the process of offering valid and well-reasoned opinions about the work of others, usually involving both positive and negative comments, in a friendly manner rather than an oppositional one. The purpose of 'constructive criticism is to improve the outcome. In collaborative work, this kind of criticism is a valuable tool in raising and maintaining performance standards. do you think these shills would be friendly when they are heavily invested, brainwashed and delusional? like i was stating up thread, you cannot remove human emotions...these battle will be full of emotions i guarantee you |
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