ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation

[Yoda_Coin]

LEOcoin have future but somebody here on forum dont have future at all! Poor peoples !

Not poor people they all are.
Analyze blockchain I must.
New insights we find.

[Izi]

@LEOcoin Foundation

Again...i dont care what you take and what you dont. I know LEO is a bust, and Dan an Co are running every LEO business there is, so go ahead, bullshit some more, its fun seeing someone try so hard to turn a lie into a truth 

Lying, lying, lying......

But thats nothing new from LEO....Its just a way LEO rolls! 

We shall see. Nevertheless it would be pleasurable for this board if you would stop claiming things you cannot provide evidence for. You have been free - and will be - to express your concern regarding "Dan & co.", but for as far these actions/accusations are not LEOcoin related, please let it be.

@LEOcoin Foundation

And where is your evidence about anything you said or about any info you provided? That's right... You dont have it so goes for you to. Stop claiming things you do not provide clear evidence!

[Cryptotraider16]

LEOcoin foundation any news about:
Leotravel
Leocrowd
Leocoin wallet

On bali Dan san in first days of march !? Thanks for updates...👍🏼

[LEOcoin Foundation]

LEOcoin foundation any news about:
Leotravel
Leocrowd
Leocoin wallet

On bali Dan san in first days of march !? Thanks for updates...👍🏼

I just heard today that the wallet is making progress, but I have no date yet. LEOtravel and LEOcrowd are projects from LEO Ltd. and although they have LEOcoin development as part of their strategy, it is not something that the LEOcoin Foundation is very much practically involved in.

[Cryptotraider16]

Ok guys one just start!


http://www.leocrowd.com

[Cryptotraider16]

Leocoin foundation any news for wallet!?

Now its almost 2 months! You think Sohail know what he is doing? 2 months its way too much! I talk with few devs and all say need maxx 14 days to do that! Why Sohail need so long? They are not so good dev as they think!!! Do Dan not see this is too slow?!

Please give us some updates. Thanks

[LEOcoin Foundation]

FYI: Another interview with Dan Anderson

https://www.businessforhome.org/2016/03/dan-andersson-ceo-leo-interview/

[Cryptotraider16]

FYI: Another interview with Dan Anderson

https://www.businessforhome.org/2016/03/dan-andersson-ceo-leo-interview/

Great! We just wait Wallet to start POS!

[wildduck]

Well i`m not so sure that will happen soon.

[danandanderson]

POS wallet will be released at the opening of leo tower in dubai. It will be at the leo x3 event, the biggest thing in crypto history. New projects will be shown at the same event, like leobay ( ebay) , leopal (paypal) etc.

[Yoda_Coin]

POS wallet will be released at the opening of leo tower in dubai. It will be at the leo x3 event, the biggest thing in crypto history. New projects will be shown at the same event, like leobay ( ebay) , leopal (paypal) etc.

Truly wonderful the mind of a child is.

[Cryptotraider16]

Still nobody know anything about new LEOcoinwallet with POS when its will start!
Now its become funny! Look like IT is not so good they think they are!
All devs all over i ask they say need maxx 2-3 weeks to fo that!
Leocoin foundation give us some updates!😳

[danandanderson]

Volume only 759$ in last 24 hours... Only one buying and selling is DAn and co i guess. The end is here..
I think now is impossible to get rid of your leocoins. Feel sorry for all that hasnt sell them so far.

[Yoda_Coin]

Volume only 759$ in last 24 hours... Only one buying and selling is DAn and co i guess. The end is here..
I think now is impossible to get rid of your leocoins. Feel sorry for all that hasnt sell them so far.

You will find only what you bring in.

[BarrioFInito]

POS wallet will be released at the opening of leo tower in dubai. It will be at the leo x3 event, the biggest thing in crypto history. New projects will be shown at the same event, like leobay ( ebay) , leopal (paypal) etc.

 

or X4? maybe X5? wait wait wait! is this the BMW series we are talking about or a "business plan"? 

In 2014 at the Dubai launch it was said that LEO will be the biggest thing in the crypto world as soon as "we" go "public"... Then it was said.....Oh it really dont matter, new promises while they promote their MLM scam, mining rig leases are still being "sold", as are rigs, no fear of bots a? "...well, like @LeoCOinFundation needs a few months for a few answers why would anyone expect anything else or better from LEO IT team?  ...

Great LEO teams @LeoCoinFundation , from Dan and Co. at the top, down to your "IT team"   

[Beave162]

Anyone know why LeoBit has stopped trading and deposit/withdrawals?

Edit: Nevermind, I emailed support, and the issue was fixed promptly. Everything is working fine again.

[Beave162]

All is fine with LEObit. Dont panic.
Coins are safe, they will just do some upgrades.
But is true you cant do deposit, withdraws...

I emailed support, and they fixed the problem promptly. Trading and withdrawals are working fine again.

[Cryptotraider16]

Leobit is great and fast exchange!

[Yoda_Coin]

POS - may the force be with us
A riddle from Yoda you get
this quote who said?

If you think about the general principal behind proof-of-work, you have money in the real world, you take it and use it to buy miners and then miners produce blocks basically in proportion to how much money you have. If the algorithm manages to be ASIC resistant for a long time then it could be a bit more democratic than that but ASIC resistant proof-of-work is even more controversial than proof-of-stake which is where we are at now.

The idea with proof-of-stake is that you have virtual money inside the system in order to buy virtual miners and the system basically simulates the mining. It simulates the fact that if you have five virtual miners and there are 500 total you are going to get 1% of the blocks. In reality, proof-of-stake systems don’t quite work that way but from an economic perspective, it kind of works like that.

So, the basic principal is that in proof-of-stake, because everything is virtual and simulated, you basically control the laws of physics of the system and because of that, you can set the laws of physics to be whatever you want. So you can make sure it provides an optimal level of security. That is kind of the 101 theoretical and philosophical argument for it.

More concretely, it is kind of obvious that simulated miners don’t burn any actual electricity and there are definitely some capital lock up costs for people who are participating in the system by purchasing these virtual miners. There are basically opportunity costs, because if you have 10,000 …  and you lock up 3,000 of them in order to do proof-of-stake voting, for that particular period of time, you won’t be able to use that 3,000 … . But if you do the economic math, even though those effects are real, they are much less than the effects of actually spending 3,000 on a physical miner. Second of all, there are less risk that you’ll run into problems that prevent the miner from actually producing value.

Third, there is an interesting argument that if you take half of the supply of money and get rid of it, the remaining half should theoretically become worth twice as much. What that means is that if I have a $100 bill and I actually burn it, inflation should go slightly down and everyone’s money should be worth very slightly more and in an economic equilibrium, the increase should be equal to $100 spread across the remaining economy.

In a proof-of-stake context, if people lock up half … , even though that is an inconvenience to them, at the same time it will make everyone else’s … more valuable so [the effect of the opportunity cost and the deflation] might cancel each other out.

Since proof-of-stake is a closed system, you have all these opportunities to control costs and as new ways are discovered, you can adopt them. My estimate is that you can get the same security as proof-of-work with a thousand times less cost.

[Cryptotraider16]

....x3 is comming guys 👍🏼