ANN - LEOcoin - Official LEOcoin thread (moderated by LEOcoin Foundation)

[LEOcoin Foundation]

Hi,

New in LEOCoin, and want to know that LEOCoin is promoting POS based model or POW?
where i can find merchants in Pakistan?

The LEOcoin blockchain uses the X11 hashing algorithm and Proof-of-Stake (PoS) as a coin creation mechanism. Further specifications:

•   Total coinage: 1 billion coin cap.
•   Ticker: LEO
•   Block time: 1 minute
•   Difficulty retarget 15 blocks
•   Stake Interest: 5-20%
•   Staking time: 60 blocks
•   Minimum Stake Age, 24 hours, One Year Max age
•   LEOcoin source code (GitHub) https://github.com/Leocoin-project/LEOcoin


For Merchants, please check this Merchant portal: https://leocoinmerchants.com/MerchantProgram/SearchResults.aspx. Just search on 'Pakistan' and find some of the merchants that accept LEOcoin.

Do you only mining for LEOCoin cryptocurrrency?

Do you offer Cloud Mining services in Solvenia? i have seen videos of Solvenia Mining Farm where bitcoin miners and GPU rigs were mining cryptocurrencies. If the cloud mining services is being processing then how much the cost for mining contracts?

@kay5ive

LEOcoin is a 100% Proof-of-Stake coin since the summer of 2016 and cannot be mined any longer. The LEOcoin Foundation is not involved in mining activity either.

[LEOcoin Foundation]

This sound interesting... I think this coin has potential to reach the top. So, where can one buy LEOcoin here in the Philippines and what's the limit, minimum and maximum?

You can purchase LEOcoins on following exchanges: https://coinmarketcap.com/currencies/leocoin/#markets

Soon LEOcoin trading on the BIT-Z exchange will start too. https://bit-z.zendesk.com/hc/en-us/articles/115003597934--Announcement-LEO-Leocoin-Launch-Soon (https://bit-z.zendesk.com/hc/en-us/articles/115003597934--Announcement-LEO-Leocoin-Launch-Soon)

[turn2flush]

Is LEOcoin still alive? Any news from devs or CEO? Any new coming upgrade on blockchain? Debit card? USA licence?

[LEOcoin Foundation]

Is LEOcoin still alive? Any news from devs or CEO? Any new coming upgrade on blockchain? Debit card? USA licence?

LEOcoin is alive, trading and the community is still expanding. Blockchain and staking works fine.

As LEO Ltd. is now working in close cooperation with a bank (undisclosed), the Debit card and USA licence will be depending on the kind of cooperation that can be negotiated. As said, this is external parties at work. The LEOcoin Foundation is no partner in these procedures.

What we did, is to negotiate for a new exchange, after DABTC was closed due to Chinese restrictions, and we will continue to get listed on new exchanges. With regard to the further technical development, we are considering what would be the next logical step. New technology and blockchain related functionality comes to the market in increasing tempo, mostly in new ICO's that have burned much of the money that investors entrusted to them. So seen, we are glad that our staking model does bring rewards and that the price is slowly rising again after a few larger LEOcoin investors made shifts in their portfolio.

In the new year, LEOcoin Foundation will set up a meeting with the board members to decide on what course to go, technically. In general, cryptocurrency is getting more awareness for the public and media - and not just negative attention. Slowly the world is waking up for the huge potential of blockchain related coins and tokens. With a community, a profesisonal development team and an independent blockchain, we feel confident for 2018.

[LEOcoin Foundation]

New trading pair LEO/QQC

LEOcoin can now be traded against QQC (LEO/QQC) at TopBTC.

More info can be found at the TopBTC exchange: https://www.topbtc.com/home/art/index/id/306.html 

This is great news for current en new Chinese LEOcoin owners, as they can use CNY to acquire QQC. Trading will start at December 6th.

[motionszabra]

when is presentation?

[LEOcoin Foundation]

New article published by our Chairman: http://www.huffingtonpost.co.uk/entry/fintech-overlooked-in-latest-industrial-strategy_uk_5a258060e4b04dacbc9bd95c

[LEOcoin Foundation]

when is presentation?

@motionszabra

What presentation are you referring to?

[turn2flush]

Is LEOcoin foundation realy a part of fintech? What advantages does it have for leocoin or ecosystem around it?

[LEOcoin Foundation]

Is LEOcoin foundation realy a part of fintech? What advantages does it have for leocoin or ecosystem around it?

For the work of the LEOcoin Foundation, please see our website: https://leocoinfoundation.org/

Recently we were at Downing Street 10, added a new exchange and did a PR. We follow a long-tem vision, but indeed in the myriad of new ICO, tokens and fintech developments, it is tough to stay on top of the game.

[LEOcoin Foundation]

Minor updates on the thread:

• LEOcoin is now added to BitcoinWiki: https://en.bitcoinwiki.org/wiki/LEOcoin
• At the new Chinese TopBTC exchange, the trading pair LEO/QQC is added and forms a replacement for the CNY. See PR: https://topbtc.com/home/art/index/id/306.html

[turn2flush]

How much coins LEOcoin Foundation spent in last years?

[MihailJ]

LEOcoin – shaping the future of digital currency?

http://www.information-age.com/leocoin-shaping-future-digital-currency-123468037/
There are plenty of digital currencies out there, but finding which one to invest in - outside ether and bitcoin (the big two) - is a challenge

[LEOcoin Foundation]

How much coins LEOcoin Foundation spent in last years?

As known to the public, the LEOcoin Foundation has been donated 10 million LEOcoin, a funding which is meant to support striving after the Foundations goals of introducing entrepreneurs and other interested people into digital currencies. Since LEOcoin went to a solely proof-of-stake mechanism, the Foundation has used around 1 million LEOcoin. These coins were all acquired by staking, so the base capital stock of the Foundation is still exceeding the original 10 million. As the capital of the Foundation is meant to last for at least another 50 years, we wil take good care of keeping the required reserves.

[turn2flush]

How much coins LEOcoin Foundation spent in last years?

As known to the public, the LEOcoin Foundation has been donated 10 million LEOcoin, a funding which is meant to support striving after the Foundations goals of introducing entrepreneurs and other interested people into digital currencies. Since LEOcoin went to a solely proof-of-stake mechanism, the Foundation has used around 1 million LEOcoin. These coins were all acquired by staking, so the base capital stock of the Foundation is still exceeding the original 10 million. As the capital of the Foundation is meant to last for at least another 50 years, we wil take good care of keeping the required reserves.

Thanks for ur reply

[turn2flush]

When will be digital currency day in UK, event, host from LEOcoin Foundation, And who will be there?

[LEOcoin Foundation]

When will be digital currency day in UK, event, host from LEOcoin Foundation, And who will be there?

LEOcoin Foundation is sponsoring the first ever UK Digital Currency Day. The aim of the day is to raise awareness of the enormous potential of digital currencies to facilitate trade and boost growth. Find your MP at www.theyworkforyou.com and have them RSVP to events@tendoconsulting.co.uk.


Tuesday, January 16 at 4 PM - 6 PM UTC

Houses of Parliament, Westminster, London, Uk
London, United Kingdom

[Tinolemaitre]

What a future for leocoin, because it keeps falling while the other Currencies are growing at 50%, 100% or even more than 1000%

[jacasta19]

Here is start of new week, let´s see how will it go. Hope there will be alot of trading volume  i will buy some more leocoins this week.

[turn2flush]

How much coins are laying in backoffice or internal exchange?